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 MBS ETF
MBB
|
+$272M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$216M |
| 3 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$205M |
| 4 |
Pacer US Cash Cows 100 ETF
COWZ
|
+$193M |
| 5 |
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
|
+$165M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares US Treasury Bond ETF
GOVT
|
+$363M |
| 2 |
iShares TIPS Bond ETF
TIP
|
+$162M |
| 3 |
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
|
+$100M |
| 4 |
HDV
iShares Core High Dividend ETF
HDV
|
+$89.5M |
| 5 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$77.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.07% |
| 2 | Healthcare | 3.26% |
| 3 | Financials | 3.13% |
| 4 | Industrials | 2.22% |
| 5 | Consumer Discretionary | 2.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FLC
2251
Flaherty & Crumrine Total Return Fund
FLC
$176M
| $1.61M | ﹤0.01% |
102,182
+3,669
| +4% | +$57.4K |
|
|
SUM
2252
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $1.61M | ﹤0.01% |
56,736
-2,419
| -4% | -$66.7K |
|
2253
Colterpoint Net Lease Real Estate ETF
NETL
$54.7M
| $1.61M | ﹤0.01% |
63,074
-4,089
| -6% | -$103K |
|
2254
Moelis & Co
MC
$5.08B
| $1.61M | ﹤0.01% |
41,912
+2,382
| +6% | +$96.7K |
|
2255
Janus Henderson Small Cap Growth Alpha ETF
JSML
$369M
| $1.61M | ﹤0.01% |
35,271
-9,241
| -21% | -$435K |
|
2256
Alphatec Holdings
ATEC
$1.56B
| $1.61M | ﹤0.01% |
130,136
-7,625
| -6% | -$76.8K |
|
2257
iShares Global Utilities ETF
JXI
$314M
| $1.6M | ﹤0.01% |
26,644
-89
| -0.3% | -$5.16K |
|
2258
BorgWarner
BWA
$13B
| $1.6M | ﹤0.01% |
45,237
-3,868
| -8% | -$132K |
|
2259
Invesco CurrencyShares Euro Currency Trust
FXE
$340M
| $1.6M | ﹤0.01% |
16,204
+12,069
| +292% | +$1.14M |
|
|
LSXMK
2260
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $1.59M | ﹤0.01% |
52,613
+2,207
| +4% | +$70.6K |
|
|
RMM
2261
RiverNorth Managed Duration Municipal Income Fund
RMM
$284M
| $1.59M | ﹤0.01% |
110,660
+81,108
| +274% | +$1.18M |
|
2262
Doximity
DOCS
$3.89B
| $1.59M | ﹤0.01% |
47,474
-918
| -2% | -$28K |
|
2263
Casella Waste Systems
CWST
$5.85B
| $1.59M | ﹤0.01% |
20,062
-301
| -1% | -$24.2K |
|
2264
Integer Holdings
ITGR
$4.23B
| $1.59M | ﹤0.01% |
23,223
+1,153
| +5% | +$75.4K |
|
2265
XPO
XPO
$23.1B
| $1.59M | ﹤0.01% |
47,672
-391,981
| -89% | -$13.2M |
|
2266
Medifast
MED
$108M
| $1.59M | ﹤0.01% |
13,750
+5,505
| +67% | +$641K |
|
2267
Ollie's Bargain Outlet
OLLI
$4.51B
| $1.58M | ﹤0.01% |
32,811
+1,222
| +4% | +$65.9K |
|
2268
Jazz Pharmaceuticals
JAZZ
$15.8B
| $1.58M | ﹤0.01% |
9,906
+1,198
| +14% | +$176K |
|
2269
Thomson Reuters
TRI
$44.4B
| $1.58M | ﹤0.01% |
13,119
+1,541
| +13% | +$178K |
|
|
IIGV
2270
DELISTED
Invesco Investment Grade Value ETF
IIGV
| $1.58M | ﹤0.01% |
69,704
+43,328
| +164% | +$971K |
|
2271
First Majestic Silver
AG
$7.74B
| $1.57M | ﹤0.01% |
188,799
+35,544
| +23% | +$310K |
|
2272
White Mountains Insurance
WTM
$5.2B
| $1.57M | ﹤0.01% |
1,110
+22
| +2% | +$29.8K |
|
|
EFT
2273
Eaton Vance Floating-Rate Income Trust
EFT
$284M
| $1.57M | ﹤0.01% |
141,491
-13,811
| -9% | -$156K |
|
2274
Paylocity
PCTY
$7.48B
| $1.57M | ﹤0.01% |
8,346
+54
| +0.7% | +$11.6K |
|
2275
Global X S&P 500 Covered Call & Growth ETF
XYLG
$65M
| $1.57M | ﹤0.01% |
62,192
+21,050
| +51% | +$533K |
|
Similar funds
LPL Financial's Q4 2022 Portfolio in Review
As of Q4 2022, LPL Financial held 4,669 positions worth $117B, up 13% from $104B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
LPL Financial deployed $6.24B of net new capital in Q4 2022, opening 252 new positions and adding to 2,329 existing holdings. Its largest new stake was First Trust Limited Duration Investment Grade Corporate ETF: 1,813,651 shares worth $33.9M.
By sector, the portfolio is most concentrated in Technology at 5.1% of assets, down from 5.5% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares US Treasury Bond ETF, an estimated $363M trimmed.
- LPL Financial's largest Q4 2022 buy was First Trust Limited Duration Investment Grade Corporate ETF: 1,813,651 shares worth $33.9M.
- LPL Financial added most to iShares MBS ETF in Q4 2022, an estimated $272M increase.
- LPL Financial's biggest Q4 2022 reduction was iShares US Treasury Bond ETF, cutting an estimated $363M.
- LPL Financial fully exited iShares iBonds Dec 2022 Term Corporate ETF in Q4 2022, selling an estimated $26.9M.
- LPL Financial's ten largest holdings make up 17% of its $117B portfolio in Q4 2022.
- LPL Financial opened 252 new positions and closed 216 in Q4 2022.
- LPL Financial's portfolio value rose 13% quarter-over-quarter to $117B.
Based on LPL Financial's 13F filing for Q4 2022, filed 7 Feb 2023.