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 | |
|---|---|---|---|---|---|---|
2401
Performance Food Group
PFGC
$17.8B
| $1.18M | ﹤0.01% |
27,493
-935
| -3% | -$46.2K |
|
2402
WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund
CXSE
$492M
| $1.18M | ﹤0.01% |
37,369
-2,951
| -7% | -$111K |
|
2403
America Movil
AMX
$74.3B
| $1.18M | ﹤0.01% |
71,586
-2,210
| -3% | -$40.5K |
|
2404
Cedar Fair
FUN
$1.8B
| $1.18M | ﹤0.01% |
28,641
-396
| -1% | -$16.9K |
|
2405
JPMorgan US Momentum Factor ETF
JMOM
$2.53B
| $1.18M | ﹤0.01% |
33,483
+283
| +0.9% | +$10.9K |
|
2406
Liberty Broadband Class C
LBRDK
$4.85B
| $1.18M | ﹤0.01% |
15,965
+830
| +5% | +$88.3K |
|
|
LADR
2407
Ladder Capital
LADR
$1.23B
| $1.18M | ﹤0.01% |
131,094
-14,563
| -10% | -$161K |
|
|
SBR
2408
Sabine Royalty Trust
SBR
$1.06B
| $1.18M | ﹤0.01% |
16,532
+2,339
| +16% | +$166K |
|
2409
Ryder
R
$9.94B
| $1.17M | ﹤0.01% |
15,546
+3,229
| +26% | +$246K |
|
2410
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$144M
| $1.17M | ﹤0.01% |
38,592
-82,193
| -68% | -$2.82M |
|
2411
BlackRock MuniYield Michigan Quality Fund
MIY
$352M
| $1.17M | ﹤0.01% |
94,579
-4,520
| -5% | -$60.4K |
|
2412
First Majestic Silver
AG
$7.54B
| $1.17M | ﹤0.01% |
153,255
+6,002
| +4% | +$44.8K |
|
2413
Badger Meter
BMI
$3.98B
| $1.17M | ﹤0.01% |
12,644
+285
| +2% | +$26.4K |
|
|
PLYM
2414
DELISTED
Plymouth Industrial REIT
PLYM
| $1.17M | ﹤0.01% |
69,475
+1,158
| +2% | +$22.4K |
|
|
TEI
2415
Templeton Emerging Markets Income Fund
TEI
$316M
| $1.17M | ﹤0.01% |
263,498
-108,847
| -29% | -$554K |
|
|
WINC
2416
DELISTED
Western Asset Short Duration Income ETF
WINC
| $1.17M | ﹤0.01% |
50,492
-5,219
| -9% | -$124K |
|
|
KW
2417
DELISTED
Kennedy-Wilson Holdings
KW
| $1.17M | ﹤0.01% |
75,374
+14,496
| +24% | +$271K |
|
2418
Innovator US Equity Power Buffer ETF April
PAPR
$956M
| $1.17M | ﹤0.01% |
43,859
-130
| -0.3% | -$3.63K |
|
2419
Waters Corp
WAT
$36.8B
| $1.16M | ﹤0.01% |
4,319
+54
| +1% | +$17.2K |
|
|
EAD
2420
Allspring Income Opportunities Fund
EAD
$375M
| $1.16M | ﹤0.01% |
187,236
+4,424
| +2% | +$30.1K |
|
2421
Jazz Pharmaceuticals
JAZZ
$15.9B
| $1.16M | ﹤0.01% |
8,708
+548
| +7% | +$83.3K |
|
2422
Star Bulk Carriers
SBLK
$3.22B
| $1.16M | ﹤0.01% |
66,351
+5,978
| +10% | +$136K |
|
2423
Albertsons Companies
ACI
$5.62B
| $1.16M | ﹤0.01% |
46,551
+14,277
| +44% | +$390K |
|
2424
iShares MSCI South Korea ETF
EWY
$23.2B
| $1.16M | ﹤0.01% |
24,404
-1,581
| -6% | -$90.2K |
|
2425
Travel + Leisure Co
TNL
$4.7B
| $1.16M | ﹤0.01% |
33,881
-753
| -2% | -$31.8K |
|
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.