LPL Financial Portfolio holdings
LPL Financial, founded in 1989 through the merger of Linsco and Private Ledger and headquartered in San Diego, California, is the largest independent broker-dealer in the U.S., supporting over 22,000 financial advisors who manage more than $1.4 trillion in advisory and brokerage assets as of late 2024. Serving independent advisors, banks, and credit unions, LPL provides a robust technology platform, research, and back-office support, enabling advisors to offer personalized wealth management, retirement planning, and investment services to clients without proprietary products. The firm, publicly traded since 2010 under CEO Dan Arnold, has grown through acquisitions like Waddell & Reed’s wealth management business in 2021, emphasizing flexibility and advisor autonomy. With additional offices in Fort Mill, South Carolina, and Boston, LPL Financial remains a leader in empowering advisors amid a shifting financial landscape.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P Small-Cap ETF
IJR
|
+$570M |
| 2 |
SCHR
Schwab Intermediately-Term US Treasury ETF
SCHR
|
+$501M |
| 3 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$240M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$239M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$236M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Blackstone Senior Loan ETF
SRLN
|
+$392M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$284M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$266M |
| 4 |
iShares S&P Small-Cap 600 Value ETF
IJS
|
+$130M |
| 5 |
State Street DoubleLine Total Return Tactical ETF
TOTL
|
+$115M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.54% |
| 2 | Healthcare | 3.12% |
| 3 | Financials | 3.03% |
| 4 | Consumer Discretionary | 2.7% |
| 5 | Industrials | 2.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1876
BlackRock Income Trust
BKT
$330M
| $2.29M | ﹤0.01% |
184,504
-27,856
| -13% | -$379K |
|
1877
InfraCap REIT Preferred ETF
PFFR
$119M
| $2.28M | ﹤0.01% |
133,171
+100,186
| +304% | +$1.95M |
|
1878
Telus
TU
$14.9B
| $2.28M | ﹤0.01% |
114,784
+13,999
| +14% | +$313K |
|
1879
Invesco BulletShares 2027 Municipal Bond ETF
BSMR
$344M
| $2.28M | ﹤0.01% |
99,972
+10,156
| +11% | +$241K |
|
1880
Westlake Corp
WLK
$9.03B
| $2.27M | ﹤0.01% |
26,179
-5,708
| -18% | -$547K |
|
|
NHS
1881
Neuberger High Yield Strategies Fund Inc
NHS
$251M
| $2.27M | ﹤0.01% |
287,163
-40,029
| -12% | -$353K |
|
1882
Collegium Pharmaceutical
COLL
$1.15B
| $2.27M | ﹤0.01% |
141,580
-25,397
| -15% | -$448K |
|
1883
US Foods
USFD
$22.2B
| $2.26M | ﹤0.01% |
85,561
+14,960
| +21% | +$464K |
|
|
HZNP
1884
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $2.26M | ﹤0.01% |
36,521
+7,712
| +27% | +$539K |
|
1885
Celanese
CE
$4.9B
| $2.25M | ﹤0.01% |
24,917
-8,532
| -26% | -$937K |
|
1886
BioMarin Pharmaceuticals
BMRN
$11.6B
| $2.25M | ﹤0.01% |
26,546
-3,163
| -11% | -$282K |
|
1887
Revvity
RVTY
$12.6B
| $2.25M | ﹤0.01% |
18,695
+2,069
| +12% | +$292K |
|
1888
Apple Hospitality REIT
APLE
$3.9B
| $2.25M | ﹤0.01% |
159,891
-13,518
| -8% | -$215K |
|
1889
Northern Trust
NTRS
$33.3B
| $2.25M | ﹤0.01% |
26,277
+2,482
| +10% | +$240K |
|
1890
SEI Investments
SEIC
$12.4B
| $2.24M | ﹤0.01% |
45,747
-1,233
| -3% | -$67.3K |
|
1891
Teva Pharmaceuticals
TEVA
$40.8B
| $2.24M | ﹤0.01% |
277,769
+18,911
| +7% | +$167K |
|
|
IUSS
1892
DELISTED
Invesco Exchange-Traded Self-Indexed Fund Trust Invesco RAFI Strategic US Small Company ETF
IUSS
| $2.24M | ﹤0.01% |
74,230
+19,459
| +36% | +$659K |
|
1893
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
BBHY
$616M
| $2.24M | ﹤0.01% |
52,746
+12,857
| +32% | +$576K |
|
1894
EXL Service
EXLS
$5.14B
| $2.24M | ﹤0.01% |
75,860
-41,990
| -36% | -$1.37M |
|
1895
ProShares S&P Technology Dividend Aristocrats ETF
TDV
$271M
| $2.23M | ﹤0.01% |
44,130
+1,027
| +2% | +$58.3K |
|
1896
Dynatrace
DT
$12.9B
| $2.23M | ﹤0.01% |
64,059
+15,233
| +31% | +$589K |
|
|
HPI
1897
John Hancock Preferred Income Fund
HPI
$430M
| $2.23M | ﹤0.01% |
138,952
-3,765
| -3% | -$67.1K |
|
1898
Intellia Therapeutics
NTLA
$1.49B
| $2.23M | ﹤0.01% |
39,767
-2,056
| -5% | -$128K |
|
|
ARI
1899
Apollo Commercial Real Estate
ARI
$867M
| $2.22M | ﹤0.01% |
267,996
+16,700
| +7% | +$192K |
|
1900
Tower Semiconductor
TSEM
$24.8B
| $2.22M | ﹤0.01% |
50,574
+1,383
| +3% | +$63.7K |
|
Similar funds
LPL Financial's Q3 2022 Portfolio in Review
As of Q3 2022, LPL Financial held 4,600 positions worth $104B, down 1.5% from $105B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $4.57B of net new capital in Q3 2022, opening 186 new positions and adding to 2,380 existing holdings. Its largest new stake was CCM Affordable Housing MBS ETF: 315,165 shares worth $5.32M.
By sector, the portfolio is most concentrated in Technology at 5.5% of assets, down from 5.7% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street Blackstone Senior Loan ETF, an estimated $392M trimmed.
- LPL Financial's largest Q3 2022 buy was CCM Affordable Housing MBS ETF: 315,165 shares worth $5.32M.
- LPL Financial added most to iShares Core S&P Small-Cap ETF in Q3 2022, an estimated $570M increase.
- LPL Financial's biggest Q3 2022 reduction was State Street Blackstone Senior Loan ETF, cutting an estimated $392M.
- LPL Financial fully exited Global X MSCI China Consumer Staples ETF in Q3 2022, selling an estimated $8.9M.
- LPL Financial's ten largest holdings make up 18% of its $104B portfolio in Q3 2022.
- LPL Financial opened 186 new positions and closed 183 in Q3 2022.
- LPL Financial's portfolio value fell 1.5% quarter-over-quarter to $104B.
Based on LPL Financial's 13F filing for Q3 2022, filed 14 Nov 2022.