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 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$757M |
| 2 |
State Street Blackstone Senior Loan ETF
SRLN
|
+$687M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$513M |
| 4 |
iShares Core MSCI EAFE ETF
IEFA
|
+$300M |
| 5 |
iShares Core Universal USD Bond ETF
IUSB
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$521M |
| 2 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$436M |
| 3 |
Dimensional US Core Equity 2 ETF
DFAC
|
+$391M |
| 4 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$373M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$216M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.35% |
| 2 | Financials | 3.13% |
| 3 | Consumer Discretionary | 2.91% |
| 4 | Healthcare | 2.88% |
| 5 | Industrials | 2.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Exelixis
EXEL
$13.8B
| $1.16M | ﹤0.01% |
51,158
-9,428
| -16% | -$184K |
|
|
GNTY
2477
DELISTED
Guaranty Bancshares
GNTY
| $1.16M | ﹤0.01% |
+33,148
| New | +$1.2M |
|
2478
Sociedad Química y Minera de Chile
SQM
$19.1B
| $1.16M | ﹤0.01% |
13,548
+6,163
| +83% | +$395K |
|
2479
Guidewire Software
GWRE
$13.1B
| $1.16M | ﹤0.01% |
12,250
+3,298
| +37% | +$315K |
|
|
ALTR
2480
DELISTED
Altair Engineering Inc
ALTR
| $1.16M | ﹤0.01% |
18,252
+5,933
| +48% | +$374K |
|
2481
Hawaiian Electric Industries
HE
$2.19B
| $1.16M | ﹤0.01% |
27,322
+3,904
| +17% | +$163K |
|
|
CIO
2482
DELISTED
City Office REIT
CIO
| $1.16M | ﹤0.01% |
65,426
+1,792
| +3% | +$32.2K |
|
2483
Invesco S&P 500 BuyWrite ETF
PBP
$361M
| $1.16M | ﹤0.01% |
49,677
-5,004
| -9% | -$113K |
|
2484
MKS Inc
MKSI
$20.9B
| $1.15M | ﹤0.01% |
7,687
-1,056
| -12% | -$164K |
|
|
MDC
2485
DELISTED
M.D.C. Holdings, Inc.
MDC
| $1.15M | ﹤0.01% |
30,470
-4,402
| -13% | -$201K |
|
2486
Petrobras
PBR
$123B
| $1.15M | ﹤0.01% |
77,820
+35,728
| +85% | +$479K |
|
|
BSCE
2487
DELISTED
Invesco BulletShares 2023 USD Emerging Markets Debt ETF
BSCE
| $1.15M | ﹤0.01% |
+48,820
| New | +$1.21M |
|
2488
iShares Global Industrials ETF
EXI
$1.48B
| $1.15M | ﹤0.01% |
9,907
+2,502
| +34% | +$291K |
|
|
NVEE
2489
DELISTED
NV5 Global
NVEE
| $1.15M | ﹤0.01% |
34,504
-50,608
| -59% | -$1.49M |
|
|
DHF
2490
BNY Mellon High Yield Strategies Fund
DHF
$174M
| $1.15M | ﹤0.01% |
413,179
+170,610
| +70% | +$489K |
|
2491
Globalstar
GSAT
$10.8B
| $1.15M | ﹤0.01% |
52,119
+13,202
| +34% | +$224K |
|
|
QIG
2492
WisdomTree U.S. Corporate Bond Fund
QIG
$17.5M
| $1.15M | ﹤0.01% |
23,320
-1,910
| -8% | -$97K |
|
2493
Rapid7
RPD
$680M
| $1.15M | ﹤0.01% |
10,320
+1,995
| +24% | +$200K |
|
2494
VeriSign
VRSN
$27B
| $1.15M | ﹤0.01% |
5,161
-355
| -6% | -$77.4K |
|
|
PBEE
2495
DELISTED
Invesco PureBeta FTSE Emerging Markets ETF
PBEE
| $1.15M | ﹤0.01% |
44,384
+16,791
| +61% | +$452K |
|
|
EVN
2496
Eaton Vance Municipal Income Trust
EVN
$414M
| $1.14M | ﹤0.01% |
96,563
+5,595
| +6% | +$70.3K |
|
2497
TechnipFMC
FTI
$27.1B
| $1.14M | ﹤0.01% |
147,304
+23,589
| +19% | +$165K |
|
|
BYM
2498
DELISTED
BlackRock Municipal Income Quality Trust
BYM
| $1.14M | ﹤0.01% |
86,171
+142
| +0.2% | +$1.99K |
|
|
SJR
2499
DELISTED
Shaw Communications Inc.
SJR
| $1.14M | ﹤0.01% |
36,684
+712
| +2% | +$21.4K |
|
2500
Invesco DB Energy Fund
DBE
$83M
| $1.14M | ﹤0.01% |
49,268
-6,637
| -12% | -$137K |
|
Similar funds
LPL Financial's Q1 2022 Portfolio in Review
As of Q1 2022, LPL Financial held 4,507 positions worth $116B, down 2.3% from $119B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial's Q1 2022 filing shows 176 new, 2,291 increased, 1,601 reduced and 331 closed positions. Its largest new stake was Janus Henderson AAA CLO ETF: 212,587 shares worth $10.7M. The largest sale was iShares Core MSCI Emerging Markets ETF, an estimated $521M.
By sector, the portfolio is most concentrated in Technology at 6.3% of assets, down from 6.8% a quarter earlier, followed by Financials and Consumer Discretionary.
- LPL Financial's largest Q1 2022 buy was Janus Henderson AAA CLO ETF: 212,587 shares worth $10.7M.
- LPL Financial added most to Vanguard Morningstar Total Stock Market ETF in Q1 2022, an estimated $757M increase.
- LPL Financial's biggest Q1 2022 reduction was iShares Core MSCI Emerging Markets ETF, cutting an estimated $521M.
- LPL Financial fully exited Dimensional US Core Equity 2 ETF in Q1 2022, selling an estimated $391M.
- LPL Financial's ten largest holdings make up 19% of its $116B portfolio in Q1 2022.
- LPL Financial opened 176 new positions and closed 331 in Q1 2022.
- LPL Financial's portfolio value fell 2.3% quarter-over-quarter to $116B.
Based on LPL Financial's 13F filing for Q1 2022, filed 16 May 2022.