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 |
Dimensional US Core Equity 2 ETF
DFAC
|
+$378M |
| 2 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$252M |
| 3 |
iShares Gold Trust
IAU
|
+$227M |
| 4 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$226M |
| 5 |
WisdomTree Floating Rate Treasury Fund
USFR
|
+$168M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$140M |
| 2 |
iShares ESG Aware MSCI EM ETF
ESGE
|
+$140M |
| 3 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$116M |
| 4 |
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
|
+$109M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$85M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.66% |
| 2 | Healthcare | 3.17% |
| 3 | Financials | 3.02% |
| 4 | Consumer Discretionary | 2.48% |
| 5 | Industrials | 2.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1926
Goldman Sachs Equal Weight US Large Cap Equity ETF
GSEW
$1.89B
| $2.29M | ﹤0.01% |
41,298
-84,062
| -67% | -$5.12M |
|
1927
CNX Resources
CNX
$5.06B
| $2.29M | ﹤0.01% |
139,226
-4,336
| -3% | -$88.8K |
|
1928
RH Tactical Outlook ETF
RHTX
$7.89M
| $2.29M | ﹤0.01% |
+182,809
| New | +$2.48M |
|
1929
STAG Industrial
STAG
$7.38B
| $2.29M | ﹤0.01% |
74,032
-9,859
| -12% | -$349K |
|
|
PLL
1930
DELISTED
Piedmont Lithium
PLL
| $2.28M | ﹤0.01% |
+62,548
| New | +$3.7M |
|
|
DOG
1931
ProShares Short Dow30
DOG
$110M
| $2.28M | ﹤0.01% |
62,831
+36,481
| +138% | +$1.26M |
|
1932
Sun Communities
SUI
$15.2B
| $2.27M | ﹤0.01% |
14,255
+1,455
| +11% | +$244K |
|
1933
Tower Semiconductor
TSEM
$24.8B
| $2.27M | ﹤0.01% |
49,191
+476
| +1% | +$22.7K |
|
|
ABFL
1934
Abacus FCF Leaders ETF
ABFL
$520M
| $2.27M | ﹤0.01% |
50,152
-3,843
| -7% | -$185K |
|
|
TEN
1935
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $2.27M | ﹤0.01% |
132,282
+59,483
| +82% | +$1M |
|
1936
Progress Software
PRGS
$1.66B
| $2.26M | ﹤0.01% |
49,960
-1,166
| -2% | -$55.5K |
|
1937
BlackRock Health Sciences Trust II
BMEZ
$968M
| $2.26M | ﹤0.01% |
137,402
+100,683
| +274% | +$1.73M |
|
1938
Allegion
ALLE
$13.4B
| $2.26M | ﹤0.01% |
23,045
+1,782
| +8% | +$193K |
|
1939
iShares Global Timber & Forestry ETF
WOOD
$268M
| $2.25M | ﹤0.01% |
30,247
+1,732
| +6% | +$148K |
|
1940
GXO Logistics
GXO
$5.77B
| $2.25M | ﹤0.01% |
+51,949
| New | +$2.88M |
|
1941
Vanguard ESG US Corporate Bond ETF
VCEB
$1.18B
| $2.25M | ﹤0.01% |
35,683
+17,694
| +98% | +$1.14M |
|
1942
Jabil
JBL
$33B
| $2.25M | ﹤0.01% |
43,859
+3,986
| +10% | +$231K |
|
1943
Telus
TU
$14.9B
| $2.25M | ﹤0.01% |
100,785
-9,526
| -9% | -$236K |
|
1944
Vistra
VST
$50B
| $2.25M | ﹤0.01% |
98,241
-13,137
| -12% | -$325K |
|
1945
ProShares K-1 Free Crude Oil Strategy ETF
OILK
$207M
| $2.24M | ﹤0.01% |
41,408
+21,971
| +113% | +$1.24M |
|
|
DSM
1946
BNY Mellon Strategic Municipal Bond Fund
DSM
$287M
| $2.24M | ﹤0.01% |
359,667
+52,653
| +17% | +$342K |
|
|
CHW
1947
Calamos Global Dynamic Income Fund
CHW
$530M
| $2.23M | ﹤0.01% |
326,622
+16,955
| +5% | +$130K |
|
1948
OneMain Financial
OMF
$7.23B
| $2.22M | ﹤0.01% |
59,507
+7,949
| +15% | +$343K |
|
1949
WaFd
WAFD
$2.72B
| $2.22M | ﹤0.01% |
73,872
-1,314
| -2% | -$41.3K |
|
1950
SPS Commerce
SPSC
$2.69B
| $2.21M | ﹤0.01% |
19,377
+810
| +4% | +$91.6K |
|
Similar funds
LPL Financial's Q2 2022 Portfolio in Review
As of Q2 2022, LPL Financial held 4,602 positions worth $105B, down 9.5% from $116B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $5.93B of net new capital in Q2 2022, opening 421 new positions and adding to 2,316 existing holdings. Its largest new stake was Dimensional US Core Equity 2 ETF: 14,943,726 shares worth $348M.
By sector, the portfolio is most concentrated in Technology at 5.7% of assets, down from 6.3% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street Financial Select Sector SPDR ETF, an estimated $140M trimmed.
- LPL Financial's largest Q2 2022 buy was Dimensional US Core Equity 2 ETF: 14,943,726 shares worth $348M.
- LPL Financial added most to State Street Health Care Select Sector SPDR ETF in Q2 2022, an estimated $252M increase.
- LPL Financial's biggest Q2 2022 reduction was State Street Financial Select Sector SPDR ETF, cutting an estimated $140M.
- LPL Financial fully exited MGM Growth Properties LLC Class A common shares representing limited liability company interests in Q2 2022, selling an estimated $4.43M.
- LPL Financial's ten largest holdings make up 18% of its $105B portfolio in Q2 2022.
- LPL Financial opened 421 new positions and closed 184 in Q2 2022.
- LPL Financial's portfolio value fell 9.5% quarter-over-quarter to $105B.
Based on LPL Financial's 13F filing for Q2 2022, filed 12 Aug 2022.