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 | |
|---|---|---|---|---|---|---|
2026
iShares Global Timber & Forestry ETF
WOOD
$268M
| $1.91M | ﹤0.01% |
29,167
-1,080
| -4% | -$81.3K |
|
2027
Schwab Fundamental US Small Company Index ETF
FNDA
$9.12B
| $1.91M | ﹤0.01% |
89,638
+154
| +0.2% | +$3.67K |
|
2028
Globant
GLOB
$1.58B
| $1.9M | ﹤0.01% |
10,179
+244
| +2% | +$50.3K |
|
2029
Gladstone Investment Corp
GAIN
$643M
| $1.9M | ﹤0.01% |
157,160
+42,771
| +37% | +$615K |
|
2030
iShares Core 5-10 Year USD Bond ETF
IMTB
$275M
| $1.9M | ﹤0.01% |
45,007
-1,842
| -4% | -$82.2K |
|
|
THW
2031
abrdn World Healthcare Fund
THW
$536M
| $1.9M | ﹤0.01% |
147,893
-965
| -0.6% | -$14.2K |
|
2032
NiSource
NI
$21.3B
| $1.9M | ﹤0.01% |
75,266
+7,289
| +11% | +$215K |
|
2033
Fidelity Limited Term Bond ETF
FLTB
$414M
| $1.9M | ﹤0.01% |
39,823
+725
| +2% | +$35.3K |
|
2034
Tandem Diabetes Care
TNDM
$1.34B
| $1.89M | ﹤0.01% |
39,510
+5,383
| +16% | +$295K |
|
2035
OneMain Financial
OMF
$7.2B
| $1.89M | ﹤0.01% |
63,914
+4,407
| +7% | +$162K |
|
2036
Invesco Value Municipal Income Trust
IIM
$589M
| $1.89M | ﹤0.01% |
163,823
-57,899
| -26% | -$764K |
|
2037
Lennox International
LII
$14.4B
| $1.88M | ﹤0.01% |
8,461
+3,266
| +63% | +$777K |
|
2038
Invesco S&P SmallCap Information Technology ETF
PSCT
$498M
| $1.87M | ﹤0.01% |
50,628
+5,250
| +12% | +$215K |
|
2039
Advanced Energy
AEIS
$11.6B
| $1.87M | ﹤0.01% |
24,168
+407
| +2% | +$34.9K |
|
2040
Pacer Aristotle Pacific Floating Rate High Income ETF
FLRT
$657M
| $1.87M | ﹤0.01% |
+42,445
| New | +$1.93M |
|
2041
Sociedad Química y Minera de Chile
SQM
$19.2B
| $1.87M | ﹤0.01% |
20,606
+3,152
| +18% | +$306K |
|
2042
Arch Capital
ACGL
$34.3B
| $1.87M | ﹤0.01% |
40,971
+1,365
| +3% | +$61.7K |
|
2043
DT Midstream
DTM
$14.1B
| $1.86M | ﹤0.01% |
35,919
-963
| -3% | -$52K |
|
2044
First Trust STOXX European Select Dividend Income Fund
FDD
$891M
| $1.86M | ﹤0.01% |
198,719
-48,147
| -20% | -$513K |
|
2045
Renasant Corp
RNST
$3.98B
| $1.86M | ﹤0.01% |
59,464
+6,721
| +13% | +$219K |
|
2046
Nuveen ESG Emerging Markets Equity ETF
NUEM
$368M
| $1.85M | ﹤0.01% |
79,187
-484
| -0.6% | -$12.8K |
|
2047
Black Hills Corp
BKH
$5.42B
| $1.85M | ﹤0.01% |
27,360
-1,196
| -4% | -$89.7K |
|
|
DISH
2048
DELISTED
DISH Network Corp.
DISH
| $1.85M | ﹤0.01% |
133,755
+91,345
| +215% | +$1.62M |
|
2049
Chewy
CHWY
$9.25B
| $1.85M | ﹤0.01% |
60,088
+6,093
| +11% | +$242K |
|
2050
Natera
NTRA
$38.3B
| $1.84M | ﹤0.01% |
42,079
+18,726
| +80% | +$891K |
|
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.