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 | |
|---|---|---|---|---|---|---|
2376
Enovix
ENVX
$921M
| $1.4M | ﹤0.01% |
128,325
+37,112
| +41% | +$457K |
|
|
MGF
2377
Aberdeen Government Markets Income Fund
MGF
$92.2M
| $1.39M | ﹤0.01% |
421,368
+117,859
| +39% | +$388K |
|
2378
Graphic Packaging
GPK
$3.36B
| $1.39M | ﹤0.01% |
62,672
-10,501
| -14% | -$231K |
|
2379
Tandem Diabetes Care
TNDM
$1.38B
| $1.39M | ﹤0.01% |
31,016
-8,494
| -21% | -$385K |
|
|
BLCN
2380
DELISTED
Siren ETF Trust Siren NexGen Economy ETF
BLCN
| $1.39M | ﹤0.01% |
68,663
-5,581
| -8% | -$125K |
|
|
SWN
2381
DELISTED
Southwestern Energy Company
SWN
| $1.39M | ﹤0.01% |
237,931
+28,730
| +14% | +$189K |
|
2382
Star Bulk Carriers
SBLK
$3.2B
| $1.39M | ﹤0.01% |
72,210
+5,859
| +9% | +$114K |
|
2383
New Mountain Finance
NMFC
$683M
| $1.39M | ﹤0.01% |
112,212
+3,763
| +3% | +$46.4K |
|
2384
Advanced Drainage Systems
WMS
$11.1B
| $1.39M | ﹤0.01% |
16,899
+20
| +0.1% | +$2.03K |
|
2385
AdvisorShares Pure US Cannabis ETF
MSOS
$846M
| $1.39M | ﹤0.01% |
198,159
-3,538
| -2% | -$36.4K |
|
2386
KBR
KBR
$4.68B
| $1.38M | ﹤0.01% |
26,186
+5,352
| +26% | +$266K |
|
|
TYG
2387
Tortoise Energy Infrastructure Corp
TYG
$1.08B
| $1.38M | ﹤0.01% |
43,342
-780
| -2% | -$25.3K |
|
2388
iShares Yield Optimized Bond ETF
BYLD
$448M
| $1.38M | ﹤0.01% |
63,515
-5,633
| -8% | -$122K |
|
2389
Barclays
BCS
$93.8B
| $1.38M | ﹤0.01% |
176,444
+7,327
| +4% | +$53.4K |
|
|
RFM
2390
RiverNorth Flexible Municipal Income Fund
RFM
$89M
| $1.38M | ﹤0.01% |
87,728
+58,148
| +197% | +$918K |
|
2391
Motley Fool Small-Cap Growth ETF
TMFS
$59M
| $1.38M | ﹤0.01% |
56,245
-12,620
| -18% | -$305K |
|
|
SNV
2392
DELISTED
Synovus
SNV
| $1.37M | ﹤0.01% |
36,575
-901
| -2% | -$35.8K |
|
2393
Home BancShares
HOMB
$6.27B
| $1.37M | ﹤0.01% |
60,039
-253
| -0.4% | -$6.14K |
|
2394
MidCap Financial Investment
MFIC
$801M
| $1.37M | ﹤0.01% |
120,000
+25,239
| +27% | +$291K |
|
2395
Hancock Whitney
HWC
$6.26B
| $1.36M | ﹤0.01% |
28,202
-854
| -3% | -$44.2K |
|
2396
Eagle Materials
EXP
$6.59B
| $1.36M | ﹤0.01% |
10,261
+3,204
| +45% | +$405K |
|
2397
Invesco New York AMT-Free Municipal Bond ETF
PZT
$138M
| $1.36M | ﹤0.01% |
61,588
-2,466
| -4% | -$53.6K |
|
2398
iShares Currency Hedged MSCI Emerging Markets
HEEM
$277M
| $1.36M | ﹤0.01% |
59,384
+9,782
| +20% | +$231K |
|
|
SHYF
2399
DELISTED
The Shyft Group
SHYF
| $1.36M | ﹤0.01% |
54,765
+33
| +0.1% | +$768 |
|
|
AJRD
2400
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $1.36M | ﹤0.01% |
24,339
+4,602
| +23% | +$228K |
|
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.