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 | |
|---|---|---|---|---|---|---|
2226
Doximity
DOCS
$3.76B
| $1.46M | ﹤0.01% |
48,392
+2,055
| +4% | +$75.3K |
|
2227
HF Sinclair
DINO
$16.3B
| $1.46M | ﹤0.01% |
27,135
-1,610
| -6% | -$79.6K |
|
2228
Glacier Bancorp
GBCI
$6.42B
| $1.46M | ﹤0.01% |
29,710
+497
| +2% | +$25.1K |
|
2229
First Trust Exchange-Traded Fund VI First Trust S&P 500 Diversified Dividend Aristocrats ETF
KNGZ
$63.4M
| $1.46M | ﹤0.01% |
58,602
+12,494
| +27% | +$349K |
|
2230
Kontoor Brands
KTB
$4.63B
| $1.46M | ﹤0.01% |
43,330
+2,149
| +5% | +$79.7K |
|
2231
Clearfield
CLFD
$411M
| $1.45M | ﹤0.01% |
13,854
+5,702
| +70% | +$555K |
|
|
GGN
2232
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$766M
| $1.45M | ﹤0.01% |
440,845
+148,806
| +51% | +$508K |
|
2233
Graphic Packaging
GPK
$3.17B
| $1.44M | ﹤0.01% |
73,173
+25,916
| +55% | +$569K |
|
2234
VanEck Digital Transformation ETF
DAPP
$234M
| $1.44M | ﹤0.01% |
292,077
+30,018
| +11% | +$179K |
|
|
PPLT
2235
abrdn Physical Platinum Shares ETF
PPLT
$1.88B
| $1.44M | ﹤0.01% |
180,110
-9,360
| -5% | -$77K |
|
2236
Newell Brands
NWL
$2.38B
| $1.44M | ﹤0.01% |
103,458
+9,996
| +11% | +$187K |
|
|
RMT
2237
Royce Micro-Cap Trust
RMT
$728M
| $1.44M | ﹤0.01% |
181,186
+55,187
| +44% | +$490K |
|
|
BERY
2238
DELISTED
Berry Global Group, Inc.
BERY
| $1.44M | ﹤0.01% |
33,622
+3,903
| +13% | +$196K |
|
2239
Invesco DB Energy Fund
DBE
$90.6M
| $1.44M | ﹤0.01% |
63,476
-5,919
| -9% | -$146K |
|
2240
UBS Group
UBS
$173B
| $1.44M | ﹤0.01% |
98,974
-10,488
| -10% | -$168K |
|
2241
Upstart Holdings
UPST
$2.63B
| $1.44M | ﹤0.01% |
69,043
-24,493
| -26% | -$659K |
|
2242
Vermilion Energy
VET
$1.82B
| $1.43M | ﹤0.01% |
66,955
-16,717
| -20% | -$392K |
|
2243
BJs Wholesale Club
BJ
$12.5B
| $1.43M | ﹤0.01% |
19,661
+1,732
| +10% | +$124K |
|
2244
Aptus Defined Risk ETF
DRSK
$1.51B
| $1.43M | ﹤0.01% |
56,394
-3,859
| -6% | -$103K |
|
2245
FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
$668M
| $1.43M | ﹤0.01% |
27,688
-1,872
| -6% | -$108K |
|
|
MUI
2246
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
| $1.43M | ﹤0.01% |
131,731
+55,567
| +73% | +$667K |
|
2247
Cognex
CGNX
$10.9B
| $1.43M | ﹤0.01% |
34,449
-2,443
| -7% | -$111K |
|
2248
Murphy Oil
MUR
$5.7B
| $1.43M | ﹤0.01% |
40,589
-284
| -0.7% | -$9.82K |
|
2249
Pacer Trendpilot Fund of Funds ETF
TRND
$61.9M
| $1.43M | ﹤0.01% |
53,900
-38,789
| -42% | -$1.06M |
|
2250
Columbia EM Core ex-China ETF
XCEM
$1.9B
| $1.43M | ﹤0.01% |
60,863
+10,215
| +20% | +$263K |
|
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.