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 | |
|---|---|---|---|---|---|---|
201
Invesco Dividend Achievers ETF
PFM
$799M
| $95.1M | 0.09% |
2,941,657
-55,380
| -2% | -$1.97M |
|
202
iShares US Healthcare ETF
IYH
$3.46B
| $94.6M | 0.09% |
1,870,220
+290,045
| +18% | +$15.7M |
|
203
Qualcomm
QCOM
$172B
| $94.1M | 0.09% |
832,533
+2,391
| +0.3% | +$329K |
|
204
iShares 10-20 Year Treasury Bond ETF
TLH
$11.1B
| $94M | 0.09% |
863,023
+70,645
| +9% | +$8.36M |
|
205
WisdomTree US High Dividend Fund
DHS
$1.59B
| $94M | 0.09% |
1,239,626
+575,851
| +87% | +$47.8M |
|
206
Vanguard Total International Stock ETF
VXUS
$153B
| $92.9M | 0.09% |
2,028,801
-134,617
| -6% | -$6.89M |
|
207
Adobe
ADBE
$99B
| $92.7M | 0.09% |
336,685
-291
| -0.1% | -$110K |
|
208
Invesco Russell 1000 Dynamic Multifactor ETF
OMFL
$4.74B
| $92.6M | 0.09% |
2,370,416
+354,964
| +18% | +$15.1M |
|
209
Boeing
BA
$175B
| $92.2M | 0.09% |
761,577
+26,250
| +4% | +$4.03M |
|
210
Vanguard Small-Cap Growth ETF
VBK
$23.2B
| $92.1M | 0.09% |
472,146
-12,421
| -3% | -$2.67M |
|
211
First Trust Managed Municipal ETF
FMB
$2.04B
| $91.6M | 0.09% |
1,879,518
+183,965
| +11% | +$9.35M |
|
212
Waste Management
WM
$96.1B
| $90.5M | 0.09% |
564,873
+10,219
| +2% | +$1.69M |
|
213
Vanguard FTSE All-World ex-US ETF
VEU
$65.6B
| $90.5M | 0.09% |
2,039,498
-51,895
| -2% | -$2.57M |
|
214
State Street SPDR Portfolio TIPS ETF
SPIP
$1.01B
| $90.2M | 0.09% |
3,557,969
-506,887
| -12% | -$13.9M |
|
215
iShares Russell 3000 ETF
IWV
$19.5B
| $89.9M | 0.09% |
434,009
+767
| +0.2% | +$176K |
|
216
Schwab US Large- Cap ETF
SCHX
$71.3B
| $89.5M | 0.09% |
6,342,948
+428,637
| +7% | +$6.73M |
|
217
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$5.08B
| $89.5M | 0.09% |
1,314,408
+213,126
| +19% | +$16M |
|
218
First Trust Senior Loan Fund ETF
FTSL
$2.32B
| $88.5M | 0.09% |
2,008,202
-185,552
| -8% | -$8.37M |
|
219
Vanguard Mid-Cap Growth ETF
VOT
$19.1B
| $87.8M | 0.08% |
514,765
+10,383
| +2% | +$1.97M |
|
220
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$4.94B
| $87.6M | 0.08% |
1,304,063
-157,943
| -11% | -$11.9M |
|
221
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $87.4M | 0.08% |
1,774,342
+94,897
| +6% | +$4.79M |
|
222
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.27B
| $87.2M | 0.08% |
857,383
+163,354
| +24% | +$18.3M |
|
223
Vanguard Consumer Staples ETF
VDC
$8.14B
| $86.7M | 0.08% |
504,409
+19,866
| +4% | +$3.75M |
|
224
iShares Russell Top 200 Growth ETF
IWY
$15.6B
| $86.2M | 0.08% |
721,674
+61,111
| +9% | +$8.2M |
|
225
Abbott
ABT
$187B
| $86.1M | 0.08% |
889,607
+25,818
| +3% | +$2.75M |
|
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.