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 | |
|---|---|---|---|---|---|---|
|
IBDD
2051
DELISTED
iShares iBonds Mar 2023 Term Corporate ETF
IBDD
| $1.84M | ﹤0.01% |
69,706
+41,975
| +151% | +$1.11M |
|
|
EHI
2052
Western Asset Global High Income Fund
EHI
$175M
| $1.84M | ﹤0.01% |
280,421
-14,436
| -5% | -$105K |
|
2053
RH
RH
$3.13B
| $1.84M | ﹤0.01% |
7,479
-617
| -8% | -$167K |
|
2054
Equity Lifestyle Properties
ELS
$12.6B
| $1.84M | ﹤0.01% |
29,246
+1,338
| +5% | +$96.2K |
|
2055
Pultegroup
PHM
$24.1B
| $1.83M | ﹤0.01% |
48,874
-21,647
| -31% | -$910K |
|
|
IGR
2056
CBRE Global Real Estate Income Fund
IGR
$709M
| $1.83M | ﹤0.01% |
317,486
+43,632
| +16% | +$319K |
|
|
JHME
2057
DELISTED
John Hancock Multifactor Energy ETF
JHME
| $1.83M | ﹤0.01% |
62,650
-26,874
| -30% | -$818K |
|
2058
Nuveen Preferred & Income Opportunities Fund
JPC
$2.89B
| $1.82M | ﹤0.01% |
262,196
+13,031
| +5% | +$102K |
|
2059
iShares Core MSCI Pacific ETF
IPAC
$2.66B
| $1.82M | ﹤0.01% |
37,975
+2,271
| +6% | +$119K |
|
2060
WesBanco
WSBC
$3.97B
| $1.82M | ﹤0.01% |
54,570
+1,190
| +2% | +$40.4K |
|
2061
UGI
UGI
$7.74B
| $1.82M | ﹤0.01% |
56,211
+5,625
| +11% | +$222K |
|
2062
Universal Display
OLED
$3.68B
| $1.81M | ﹤0.01% |
19,198
+1,242
| +7% | +$137K |
|
2063
Invesco S&P 500 Equal Weight Real Estate ETF
RSPR
$106M
| $1.81M | ﹤0.01% |
60,405
+7,919
| +15% | +$272K |
|
2064
F5
FFIV
$22.9B
| $1.81M | ﹤0.01% |
12,482
-1,311
| -10% | -$208K |
|
|
BHR
2065
Braemar Hotels & Resorts
BHR
$156M
| $1.8M | ﹤0.01% |
419,193
+92,925
| +28% | +$471K |
|
2066
Calumet Specialty Products
CLMT
$3.85B
| $1.8M | ﹤0.01% |
140,643
+1,810
| +1% | +$26K |
|
2067
AdvisorShares Pure US Cannabis ETF
MSOS
$858M
| $1.8M | ﹤0.01% |
201,697
+7,759
| +4% | +$89.6K |
|
2068
iShares Low Carbon Optimized MSCI ACWI ETF
CRBN
$1.15B
| $1.79M | ﹤0.01% |
14,166
+70
| +0.5% | +$9.87K |
|
2069
Nice
NICE
$5.79B
| $1.79M | ﹤0.01% |
9,527
+3,098
| +48% | +$647K |
|
2070
Synchrony
SYF
$24.7B
| $1.79M | ﹤0.01% |
63,587
-24,141
| -28% | -$779K |
|
|
MMT
2071
Aberdeen Multi-Market Income Fund
MMT
$236M
| $1.79M | ﹤0.01% |
423,719
-7,956
| -2% | -$36.9K |
|
2072
First Financial Bankshares
FFIN
$5.04B
| $1.79M | ﹤0.01% |
42,701
+258
| +0.6% | +$11.1K |
|
2073
Franklin US Core Dividend Tilt Index ETF
UDIV
$138M
| $1.79M | ﹤0.01% |
62,685
+2,896
| +5% | +$92.8K |
|
2074
Aptus Behavioral Momentum ETF
ADME
$293M
| $1.78M | ﹤0.01% |
53,575
-7,559
| -12% | -$268K |
|
2075
Boyd Gaming
BYD
$6.18B
| $1.78M | ﹤0.01% |
37,409
+1,979
| +6% | +$106K |
|
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.