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 | |
|---|---|---|---|---|---|---|
2501
Investar Holding Corp
ISTR
$415M
| $1.14M | ﹤0.01% |
59,557
| – | – |
|
2502
BorgWarner
BWA
$13B
| $1.14M | ﹤0.01% |
33,186
-1,823
| -5% | -$68.1K |
|
2503
iShares MSCI Emerging Markets Asia ETF
EEMA
$858M
| $1.14M | ﹤0.01% |
15,376
+42
| +0.3% | +$3.28K |
|
2504
iShares MSCI Pacific ex Japan ETF
EPP
$2.26B
| $1.14M | ﹤0.01% |
23,078
-13
| -0.1% | -$614 |
|
|
LAZR
2505
DELISTED
Luminar Technologies
LAZR
| $1.13M | ﹤0.01% |
4,835
+395
| +9% | +$86.6K |
|
2506
United States Gasoline Fund
UGA
$118M
| $1.13M | ﹤0.01% |
20,326
-10,187
| -33% | -$518K |
|
2507
U-Haul Holding Co
UHAL
$14B
| $1.13M | ﹤0.01% |
18,960
-340
| -2% | -$21K |
|
2508
Aegon
AEG
$14B
| $1.13M | ﹤0.01% |
223,483
+28,608
| +15% | +$145K |
|
2509
Virtus Terranova US Quality Momentum ETF
JOET
$248M
| $1.13M | ﹤0.01% |
37,595
+11,462
| +44% | +$340K |
|
2510
ProShares Short Russell2000
RWM
$129M
| $1.13M | ﹤0.01% |
50,996
+5,402
| +12% | +$122K |
|
2511
Lazard
LAZ
$4.21B
| $1.13M | ﹤0.01% |
32,666
-1,977
| -6% | -$76.5K |
|
2512
MSC Industrial Direct
MSM
$6.98B
| $1.13M | ﹤0.01% |
13,278
+6,220
| +88% | +$504K |
|
2513
Sinclair Inc
SBGI
$1B
| $1.13M | ﹤0.01% |
40,143
+12,559
| +46% | +$349K |
|
2514
Saba Closed-End Funds ETF
CEFS
$434M
| $1.12M | ﹤0.01% |
57,052
+13,852
| +32% | +$278K |
|
|
FDIQ
2515
Invesco Bloomberg Financial Data Providers ETF
FDIQ
$50.3M
| $1.12M | ﹤0.01% |
18,282
+4,167
| +30% | +$271K |
|
|
ONT
2516
Onterris Inc
ONT
$795M
| $1.12M | ﹤0.01% |
21,181
+5,754
| +37% | +$285K |
|
2517
Oshkosh
OSK
$9.16B
| $1.12M | ﹤0.01% |
11,130
-857
| -7% | -$96.3K |
|
2518
State Street SPDR Russell 1000 Momentum Focus ETF
ONEO
$29.8M
| $1.12M | ﹤0.01% |
11,149
-286
| -3% | -$28.6K |
|
2519
Itaú Unibanco
ITUB
$93.6B
| $1.12M | ﹤0.01% |
+221,626
| New | +$933K |
|
|
XHR
2520
Xenia Hotels & Resorts
XHR
$1.89B
| $1.12M | ﹤0.01% |
57,866
-2,518
| -4% | -$46.1K |
|
2521
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$578M
| $1.11M | ﹤0.01% |
17,195
-9,671
| -36% | -$620K |
|
2522
Ormat Technologies
ORA
$6.02B
| $1.11M | ﹤0.01% |
13,624
-857
| -6% | -$62.7K |
|
2523
Wintrust Financial
WTFC
$10.9B
| $1.11M | ﹤0.01% |
12,002
-4,414
| -27% | -$430K |
|
|
MNRL
2524
DELISTED
Brigham Minerals, Inc. Class A Common Stock
MNRL
| $1.11M | ﹤0.01% |
43,631
+3,961
| +10% | +$91.9K |
|
2525
Fortis
FTS
$28.9B
| $1.11M | ﹤0.01% |
22,475
+2,974
| +15% | +$140K |
|
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.