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 | |
|---|---|---|---|---|---|---|
|
QVMM
2076
Invesco QQQ Trust Series 1
QVMM
$429M
| $1.78M | ﹤0.01% |
+87,342
| New | +$1.96M |
|
2077
CapForce IBD 50 ETF
FFTY
$79.5M
| $1.78M | ﹤0.01% |
72,682
-6,226
| -8% | -$172K |
|
2078
Churchill Downs
CHDN
$5.88B
| $1.77M | ﹤0.01% |
19,268
+864
| +5% | +$88.1K |
|
2079
Cambria Value and Momentum ETF
VAMO
$109M
| $1.77M | ﹤0.01% |
68,355
+9,216
| +16% | +$238K |
|
2080
Fidelity MSCI Communication Services Index ETF
FCOM
$1.77B
| $1.77M | ﹤0.01% |
56,534
-2,630
| -4% | -$95K |
|
2081
HEICO Corp
HEI
$49.8B
| $1.76M | ﹤0.01% |
12,260
-611
| -5% | -$91.6K |
|
|
EFT
2082
Eaton Vance Floating-Rate Income Trust
EFT
$283M
| $1.76M | ﹤0.01% |
155,302
-4,776
| -3% | -$57.7K |
|
2083
ING
ING
$99.8B
| $1.76M | ﹤0.01% |
207,358
+103,737
| +100% | +$962K |
|
2084
Nokia
NOK
$51B
| $1.76M | ﹤0.01% |
412,661
-45,970
| -10% | -$223K |
|
2085
CNX Resources
CNX
$5.3B
| $1.76M | ﹤0.01% |
113,168
-26,058
| -19% | -$441K |
|
2086
Huntsman Corp
HUN
$1.71B
| $1.76M | ﹤0.01% |
71,542
-4,869
| -6% | -$137K |
|
|
FEI
2087
DELISTED
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
| $1.75M | ﹤0.01% |
244,982
+3,008
| +1% | +$24K |
|
2088
NYLI Hedge Multi-Strategy Tracker ETF
QAI
$1.01B
| $1.75M | ﹤0.01% |
63,090
-1,798
| -3% | -$51.9K |
|
|
ATCO
2089
DELISTED
Atlas Corp.
ATCO
| $1.75M | ﹤0.01% |
125,806
+8,073
| +7% | +$105K |
|
2090
Goldman Sachs Equal Weight US Large Cap Equity ETF
GSEW
$1.89B
| $1.75M | ﹤0.01% |
32,801
-8,497
| -21% | -$500K |
|
|
FEN
2091
DELISTED
First Trust Energy Income and Growth Fund
FEN
| $1.74M | ﹤0.01% |
117,436
+25,077
| +27% | +$388K |
|
2092
American States Water
AWR
$3.36B
| $1.74M | ﹤0.01% |
22,316
+1,683
| +8% | +$143K |
|
2093
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.94B
| $1.74M | ﹤0.01% |
107,530
-146,957
| -58% | -$2.61M |
|
2094
Omnicell
OMCL
$1.61B
| $1.74M | ﹤0.01% |
19,956
+7,539
| +61% | +$792K |
|
|
XIFR
2095
XPLR Infrastructure LP
XIFR
$1.12B
| $1.73M | ﹤0.01% |
23,943
+1,076
| +5% | +$86.2K |
|
2096
Nuveen Short-Term REIT ETF
NURE
$35.8M
| $1.72M | ﹤0.01% |
58,044
-3,994
| -6% | -$134K |
|
2097
Bath & Body Works
BBWI
$4.06B
| $1.72M | ﹤0.01% |
52,783
-895
| -2% | -$31.6K |
|
2098
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$6.69B
| $1.72M | ﹤0.01% |
40,573
+7,844
| +24% | +$374K |
|
2099
Amplify Video Game Tech ETF
GAMR
$38.3M
| $1.72M | ﹤0.01% |
33,813
+450
| +1% | +$26.7K |
|
2100
Invesco International Corporate Bond ETF
PICB
$355M
| $1.71M | ﹤0.01% |
89,117
-23,925
| -21% | -$511K |
|
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.