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 | |
|---|---|---|---|---|---|---|
2251
Nuveen Core Equity Alpha Fund
JCE
$279M
| $1.42M | ﹤0.01% |
117,376
+9,289
| +9% | +$133K |
|
2252
White Mountains Insurance
WTM
$5.2B
| $1.42M | ﹤0.01% |
1,088
+28
| +3% | +$36.2K |
|
2253
FT Vest Fund of Buffer ETFs
BUFR
$10.1B
| $1.42M | ﹤0.01% |
67,907
+1,468
| +2% | +$32.6K |
|
2254
iShares Europe ETF
IEV
$1.67B
| $1.41M | ﹤0.01% |
37,443
-93,413
| -71% | -$3.95M |
|
2255
Northern Oil and Gas
NOG
$2.3B
| $1.41M | ﹤0.01% |
51,559
-1,314
| -2% | -$37.1K |
|
2256
First Trust Dow Jones International Internet ETF
FDNI
$31.9M
| $1.41M | ﹤0.01% |
72,008
+9,304
| +15% | +$212K |
|
|
GXDW
2257
Global X Funds Global X Dorsey Wright Thematic ETF
GXDW
$6M
| $1.41M | ﹤0.01% |
54,481
+4,884
| +10% | +$148K |
|
2258
Capital Southwest
CSWC
$1.47B
| $1.41M | ﹤0.01% |
83,313
-2,071
| -2% | -$39.9K |
|
2259
Iridium Communications
IRDM
$5.02B
| $1.41M | ﹤0.01% |
31,797
-572
| -2% | -$24.8K |
|
2260
SS&C Technologies
SSNC
$18.1B
| $1.41M | ﹤0.01% |
29,544
+5,668
| +24% | +$326K |
|
2261
CRH
CRH
$63.2B
| $1.41M | ﹤0.01% |
43,759
-8,752
| -17% | -$318K |
|
2262
Medpace
MEDP
$16.1B
| $1.41M | ﹤0.01% |
8,968
-465
| -5% | -$74.2K |
|
|
PBT
2263
Permian Basin Royalty Trust
PBT
$1.38B
| $1.41M | ﹤0.01% |
86,374
+74
| +0.1% | +$1.29K |
|
|
RTL
2264
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $1.41M | ﹤0.01% |
239,393
+32,442
| +16% | +$240K |
|
2265
WPP
WPP
$4.36B
| $1.41M | ﹤0.01% |
34,163
+16,721
| +96% | +$785K |
|
2266
Coca-Cola Europacific Partners
CCEP
$48.3B
| $1.41M | ﹤0.01% |
32,978
+2,886
| +10% | +$145K |
|
|
SNV
2267
DELISTED
Synovus
SNV
| $1.41M | ﹤0.01% |
37,476
-31
| -0.1% | -$1.23K |
|
2268
IDEX
IEX
$17B
| $1.4M | ﹤0.01% |
6,998
+640
| +10% | +$129K |
|
2269
Pan American Silver
PAAS
$18.2B
| $1.4M | ﹤0.01% |
88,042
-6,347
| -7% | -$111K |
|
|
SUM
2270
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $1.39M | ﹤0.01% |
59,155
-1,813
| -3% | -$48.7K |
|
2271
ARK Space & Defense Innovation ETF
ARKX
$793M
| $1.39M | ﹤0.01% |
112,678
-15,040
| -12% | -$214K |
|
2272
State Street SPDR S&P Capital Markets ETF
KCE
$456M
| $1.39M | ﹤0.01% |
19,452
+7,488
| +63% | +$595K |
|
|
SBI
2273
Western Asset Intermediate Muni Fund
SBI
$107M
| $1.39M | ﹤0.01% |
189,245
+2,208
| +1% | +$17.7K |
|
2274
Adams Diversified Equity Fund
ADX
$3.13B
| $1.39M | ﹤0.01% |
95,425
-22,275
| -19% | -$359K |
|
|
SGFY
2275
DELISTED
Signify Health, Inc.
SGFY
| $1.39M | ﹤0.01% |
+47,664
| New | +$1.1M |
|
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.