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 | |
|---|---|---|---|---|---|---|
1926
Compass Minerals
CMP
$1.23B
| $2.14M | ﹤0.01% |
55,487
+5,669
| +11% | +$216K |
|
1927
Pentair
PNR
$10.4B
| $2.13M | ﹤0.01% |
52,460
+4,968
| +10% | +$230K |
|
1928
Crown Holdings
CCK
$12.8B
| $2.13M | ﹤0.01% |
26,281
-561
| -2% | -$52.3K |
|
|
DSM
1929
BNY Mellon Strategic Municipal Bond Fund
DSM
$287M
| $2.12M | ﹤0.01% |
375,260
+15,593
| +4% | +$99K |
|
1930
JPMorgan BetaBuilders US Aggregate Bond ETF
BBAG
$1.02B
| $2.12M | ﹤0.01% |
46,614
+10,252
| +28% | +$489K |
|
1931
Textron
TXT
$14.7B
| $2.12M | ﹤0.01% |
36,406
-1,463
| -4% | -$92.8K |
|
1932
Bio-Techne
TECH
$11.2B
| $2.12M | ﹤0.01% |
29,844
-2,916
| -9% | -$252K |
|
1933
FirstCash
FCFS
$8.85B
| $2.12M | ﹤0.01% |
28,867
-1,456
| -5% | -$109K |
|
1934
RELX
RELX
$61.8B
| $2.11M | ﹤0.01% |
86,924
+36,226
| +71% | +$984K |
|
|
DIAX
1935
DELISTED
Nuveen Dow 30SM Dynamic Overwrite Fund
DIAX
| $2.11M | ﹤0.01% |
156,268
+65,596
| +72% | +$1.02M |
|
1936
State Street SPDR S&P Telecom ETF
XTL
$567M
| $2.11M | ﹤0.01% |
27,441
+593
| +2% | +$49.7K |
|
|
OXLC
1937
Oxford Lane Capital
OXLC
$894M
| $2.11M | ﹤0.01% |
81,469
+19,744
| +32% | +$594K |
|
|
PMT
1938
PennyMac Mortgage Investment
PMT
$822M
| $2.1M | ﹤0.01% |
178,725
-15,420
| -8% | -$225K |
|
|
ABFL
1939
Abacus FCF Leaders ETF
ABFL
$522M
| $2.1M | ﹤0.01% |
48,558
-1,594
| -3% | -$75.4K |
|
|
IVH
1940
DELISTED
Delaware Ivy High Income Opportunities Fund
IVH
| $2.1M | ﹤0.01% |
208,608
+28,935
| +16% | +$321K |
|
1941
Allegion
ALLE
$13.4B
| $2.1M | ﹤0.01% |
23,430
+385
| +2% | +$38.1K |
|
1942
Advanced Drainage Systems
WMS
$10.6B
| $2.1M | ﹤0.01% |
16,879
+11,401
| +208% | +$1.42M |
|
1943
State Street SPDR S&P Emerging Markets Dividend ETF
EDIV
$1.22B
| $2.1M | ﹤0.01% |
94,769
-15,665
| -14% | -$392K |
|
1944
Houlihan Lokey
HLI
$8.77B
| $2.1M | ﹤0.01% |
27,821
+714
| +3% | +$57.9K |
|
|
THQ
1945
abrdn Healthcare Opportunities Fund
THQ
$777M
| $2.1M | ﹤0.01% |
115,729
-2,106
| -2% | -$42.2K |
|
1946
Progress Software
PRGS
$1.66B
| $2.1M | ﹤0.01% |
49,229
-731
| -1% | -$33.8K |
|
1947
iShares Currency Hedged MSCI ACWI ex US ETF
HAWX
$344M
| $2.09M | ﹤0.01% |
77,798
+21,134
| +37% | +$609K |
|
1948
Fluor
FLR
$7.01B
| $2.09M | ﹤0.01% |
84,093
-19,434
| -19% | -$496K |
|
1949
Vanguard US Momentum Factor ETF
VFMO
$1.77B
| $2.09M | ﹤0.01% |
19,720
+10,876
| +123% | +$1.23M |
|
|
ETJ
1950
Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
$567M
| $2.08M | ﹤0.01% |
251,991
-29,847
| -11% | -$274K |
|
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.