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 | |
|---|---|---|---|---|---|---|
2301
iShares JPMorgan EM Corporate Bond ETF
CEMB
$398M
| $1.35M | ﹤0.01% |
32,754
-185,347
| -85% | -$7.96M |
|
|
NIE
2302
Virtus Equity & Convertible Income Fund
NIE
$719M
| $1.35M | ﹤0.01% |
66,595
+4,144
| +7% | +$92K |
|
2303
Portland General Electric
POR
$5.8B
| $1.35M | ﹤0.01% |
31,102
+4,794
| +18% | +$245K |
|
2304
Comstock Resources
CRK
$3.89B
| $1.35M | ﹤0.01% |
78,152
+1,673
| +2% | +$27.7K |
|
|
AQGX
2305
DELISTED
AI Quality Growth ETF
AQGX
| $1.35M | ﹤0.01% |
118,138
-25,834
| -18% | -$325K |
|
2306
First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
$155M
| $1.35M | ﹤0.01% |
19,299
+2,377
| +14% | +$180K |
|
|
PDM
2307
Piedmont Realty Trust
PDM
$1.21B
| $1.35M | ﹤0.01% |
127,574
+1,520
| +1% | +$19.1K |
|
2308
Invesco Quality Municipal Securities
IQI
$522M
| $1.35M | ﹤0.01% |
147,379
-10,306
| -7% | -$105K |
|
2309
ProShares Short High Yield
SJB
$51.8M
| $1.34M | ﹤0.01% |
67,159
-106,082
| -61% | -$2.02M |
|
|
CACG
2310
DELISTED
Legg Mason ETF Investment Trust ClearBridge All Cap Growth ESG ETF
CACG
| $1.34M | ﹤0.01% |
39,013
+2,916
| +8% | +$112K |
|
2311
Banco Bradesco
BBD
$39.3B
| $1.34M | ﹤0.01% |
365,009
+112,039
| +44% | +$395K |
|
2312
UiPath
PATH
$6.61B
| $1.34M | ﹤0.01% |
106,439
-58,998
| -36% | -$1.03M |
|
|
SFBS
2313
ServisFirst Bancshares
SFBS
$4.89B
| $1.34M | ﹤0.01% |
16,752
+501
| +3% | +$42.3K |
|
|
MCN
2314
Madison Covered Call & Equity Strategy Fund
MCN
$118M
| $1.34M | ﹤0.01% |
207,134
+10,199
| +5% | +$73.5K |
|
2315
Old National Bancorp
ONB
$10.2B
| $1.34M | ﹤0.01% |
81,213
-28,130
| -26% | -$470K |
|
2316
Moelis & Co
MC
$4.97B
| $1.34M | ﹤0.01% |
39,530
+1,376
| +4% | +$57.6K |
|
|
WEA
2317
Western Asset Premier Bond Fund
WEA
$124M
| $1.34M | ﹤0.01% |
136,516
+1,092
| +0.8% | +$11.8K |
|
2318
Hancock Whitney
HWC
$6.2B
| $1.33M | ﹤0.01% |
29,056
+16,156
| +125% | +$777K |
|
|
MCI
2319
Barings Corporate Investors
MCI
$340M
| $1.33M | ﹤0.01% |
102,674
-3,416
| -3% | -$47.4K |
|
2320
CACI
CACI
$11B
| $1.32M | ﹤0.01% |
5,071
+149
| +3% | +$42K |
|
2321
Tanger
SKT
$4.67B
| $1.32M | ﹤0.01% |
96,817
+295
| +0.3% | +$4.58K |
|
|
TYG
2322
Tortoise Energy Infrastructure Corp
TYG
$1.09B
| $1.32M | ﹤0.01% |
44,122
+2,235
| +5% | +$73.1K |
|
2323
PagerDuty
PD
$816M
| $1.31M | ﹤0.01% |
56,953
-1,981
| -3% | -$51.1K |
|
2324
Applied Industrial Technologies
AIT
$12.8B
| $1.31M | ﹤0.01% |
12,772
+2
| +0% | +$205 |
|
2325
iShares MSCI Emerging Markets Small-Cap ETF
EEMS
$349M
| $1.31M | ﹤0.01% |
28,948
-2,822
| -9% | -$138K |
|
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.