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 | |
|---|---|---|---|---|---|---|
1951
Tenet Healthcare
THC
$20.5B
| $2.08M | ﹤0.01% |
40,367
+7,056
| +21% | +$419K |
|
1952
FlexShares STOXX Global Broad Infrastructure Index Fund
NFRA
$3B
| $2.08M | ﹤0.01% |
45,520
-6,345
| -12% | -$329K |
|
1953
Woodward
WWD
$21.3B
| $2.08M | ﹤0.01% |
25,901
+4,595
| +22% | +$434K |
|
1954
Service Corp International
SCI
$11.7B
| $2.08M | ﹤0.01% |
35,981
-4,099
| -10% | -$270K |
|
1955
Sunrun
RUN
$2.34B
| $2.07M | ﹤0.01% |
74,963
+15,097
| +25% | +$470K |
|
|
AVK
1956
Advent Convertible and Income Fund
AVK
$547M
| $2.07M | ﹤0.01% |
199,564
+13,201
| +7% | +$168K |
|
1957
Camping World
CWH
$639M
| $2.06M | ﹤0.01% |
81,526
-17,345
| -18% | -$482K |
|
1958
iShares MSCI Global Sustainable Development Goals ETF
SDG
$169M
| $2.05M | ﹤0.01% |
28,984
+2,161
| +8% | +$171K |
|
1959
United States Natural Gas Fund
UNG
$456M
| $2.05M | ﹤0.01% |
21,966
+4,922
| +29% | +$539K |
|
1960
iShares US Digital Infrastructure and Real Estate ETF
IDGT
$481M
| $2.05M | ﹤0.01% |
31,822
-4,958
| -13% | -$334K |
|
1961
VeriSign
VRSN
$26.2B
| $2.05M | ﹤0.01% |
11,821
+1,990
| +20% | +$368K |
|
1962
AptarGroup
ATR
$8.55B
| $2.05M | ﹤0.01% |
21,582
+474
| +2% | +$49.3K |
|
1963
Healthpeak Properties
DOC
$15.1B
| $2.05M | ﹤0.01% |
89,396
-8,287
| -8% | -$219K |
|
|
SPR
1964
DELISTED
Spirit AeroSystems
SPR
| $2.05M | ﹤0.01% |
93,483
-8,800
| -9% | -$268K |
|
1965
iShares Genomics Immunology and Healthcare ETF
IDNA
$191M
| $2.04M | ﹤0.01% |
77,355
+1,088
| +1% | +$33.6K |
|
1966
Invesco Next Gen Media and Gaming ETF
GGME
$44.1M
| $2.04M | ﹤0.01% |
64,529
+14,681
| +29% | +$535K |
|
1967
Lithia Motors
LAD
$8.47B
| $2.04M | ﹤0.01% |
9,492
-8
| -0.1% | -$2.09K |
|
1968
First Trust Exchange-Traded Fund II First Trust Indxx Global Agriculture ETF
FTAG
$14.3M
| $2.04M | ﹤0.01% |
76,496
-24,793
| -24% | -$706K |
|
|
SAVE
1969
DELISTED
Spirit Airlines, Inc.
SAVE
| $2.03M | ﹤0.01% |
108,072
-4,826
| -4% | -$113K |
|
|
BKN
1970
DELISTED
BlackRock Investment Quality Municipal Trust
BKN
| $2.03M | ﹤0.01% |
162,223
+2,641
| +2% | +$38.5K |
|
1971
Assured Guaranty
AGO
$3.66B
| $2.03M | ﹤0.01% |
41,905
+3,660
| +10% | +$197K |
|
1972
Qorvo
QRVO
$7.99B
| $2.03M | ﹤0.01% |
25,545
-1,717
| -6% | -$166K |
|
1973
Renaissance IPO ETF
IPO
$153M
| $2.03M | ﹤0.01% |
71,403
-23,585
| -25% | -$763K |
|
1974
Cenovus Energy
CVE
$55.7B
| $2.02M | ﹤0.01% |
131,760
-14,161
| -10% | -$252K |
|
1975
Nuveen Real Estate Income Fund
JRS
$249M
| $2.02M | ﹤0.01% |
261,830
+5,169
| +2% | +$48.6K |
|
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.