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 | |
|---|---|---|---|---|---|---|
2351
Sprott Gold Miners ETF
SGDM
$552M
| $1.27M | ﹤0.01% |
59,343
+5,286
| +10% | +$117K |
|
2352
Sumitomo Mitsui Financial
SMFG
$160B
| $1.26M | ﹤0.01% |
230,080
+37,150
| +19% | +$224K |
|
|
EXD
2353
DELISTED
Eaton Vance TaxManaged Buy-Write Strategy Fund
EXD
| $1.26M | ﹤0.01% |
140,556
+2,536
| +2% | +$26.3K |
|
2354
Nuveen California AMT-Free Quality Municipal Income Fund
NKX
$650M
| $1.26M | ﹤0.01% |
106,983
+3,594
| +3% | +$47.8K |
|
2355
Goldman Sachs BDC
GSBD
$984M
| $1.26M | ﹤0.01% |
87,365
-1,088
| -1% | -$18.4K |
|
|
JHG
2356
DELISTED
Janus Henderson
JHG
| $1.26M | ﹤0.01% |
62,138
+5,985
| +11% | +$145K |
|
2357
Five Below
FIVE
$11.9B
| $1.26M | ﹤0.01% |
9,136
+1,748
| +24% | +$230K |
|
|
PSMB
2358
DELISTED
Invesco Balanced Multi-Asset Allocation ETF
PSMB
| $1.26M | ﹤0.01% |
91,527
+8,680
| +10% | +$129K |
|
2359
iShares Core 10+ Year USD Bond ETF
ILTB
$593M
| $1.26M | ﹤0.01% |
25,017
+7,617
| +44% | +$420K |
|
|
AIVC
2360
Amplify Bloomberg AI Equal Weight ETF
AIVC
$116M
| $1.25M | ﹤0.01% |
43,812
+1,353
| +3% | +$43.6K |
|
2361
Thomson Reuters
TRI
$44.4B
| $1.25M | ﹤0.01% |
11,578
-6,838
| -37% | -$793K |
|
2362
New Mountain Finance
NMFC
$669M
| $1.25M | ﹤0.01% |
108,449
+12,639
| +13% | +$161K |
|
|
JHMF
2363
DELISTED
John Hancock Multifactor Financials ETF
JHMF
| $1.25M | ﹤0.01% |
30,360
-5,328
| -15% | -$239K |
|
2364
Lightwave Logic
LWLG
$1.04B
| $1.25M | ﹤0.01% |
170,152
+2,700
| +2% | +$25.3K |
|
2365
Pacific Biosciences
PACB
$453M
| $1.24M | ﹤0.01% |
213,932
+12,447
| +6% | +$71.4K |
|
2366
Americold
COLD
$4.01B
| $1.24M | ﹤0.01% |
50,347
-7,387
| -13% | -$223K |
|
2367
Fidelity Quality Factor ETF
FQAL
$1.42B
| $1.24M | ﹤0.01% |
29,834
-2,732
| -8% | -$126K |
|
2368
VanEck Environmental Services ETF
EVX
$100M
| $1.24M | ﹤0.01% |
47,365
+24,260
| +105% | +$684K |
|
2369
Leidos
LDOS
$14.8B
| $1.23M | ﹤0.01% |
14,089
-2,322
| -14% | -$227K |
|
2370
Cohen & Steers Select Preferred & Income Fund
PSF
$235M
| $1.23M | ﹤0.01% |
68,320
+6,347
| +10% | +$132K |
|
2371
Silicon Laboratories
SLAB
$7.19B
| $1.23M | ﹤0.01% |
9,939
+319
| +3% | +$42.6K |
|
2372
Alerian Energy Infrastructure ETF
ENFR
$516M
| $1.22M | ﹤0.01% |
62,055
+4,000
| +7% | +$86.2K |
|
2373
ALPS Disruptive Technologies ETF
DTEC
$73.5M
| $1.22M | ﹤0.01% |
38,832
+161
| +0.4% | +$5.68K |
|
|
EOI
2374
Eaton Vance Enhanced Equity Income Fund
EOI
$816M
| $1.22M | ﹤0.01% |
86,543
+1,851
| +2% | +$29.1K |
|
2375
H.B. Fuller
FUL
$3.04B
| $1.22M | ﹤0.01% |
20,306
+70
| +0.3% | +$4.46K |
|
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.