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 |
Invesco QQQ Trust
QQQ
|
+$205M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$199M |
| 3 |
First Trust Rising Dividend Achievers ETF
RDVY
|
+$180M |
| 4 |
iShares TIPS Bond ETF
TIP
|
+$140M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$121M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$134M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$64.2M |
| 3 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$47.3M |
| 4 |
iShares Global Tech ETF
IXN
|
+$43.6M |
| 5 |
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
|
+$43.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.8% |
| 2 | Consumer Discretionary | 3.12% |
| 3 | Financials | 3.04% |
| 4 | Healthcare | 2.77% |
| 5 | Communication Services | 2.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2576
Columbia EM Core ex-China ETF
XCEM
$1.93B
| $1.09M | ﹤0.01% |
34,471
+19,641
| +132% | +$631K |
|
2577
Autoliv
ALV
$9.07B
| $1.09M | ﹤0.01% |
10,577
+3,818
| +56% | +$375K |
|
|
XHR
2578
Xenia Hotels & Resorts
XHR
$1.89B
| $1.09M | ﹤0.01% |
60,384
-371
| -0.6% | -$6.55K |
|
|
SJR
2579
DELISTED
Shaw Communications Inc.
SJR
| $1.09M | ﹤0.01% |
35,972
+1,908
| +6% | +$55.8K |
|
2580
Carter's
CRI
$1.49B
| $1.09M | ﹤0.01% |
10,747
+2,386
| +29% | +$243K |
|
|
ONT
2581
Onterris Inc
ONT
$791M
| $1.09M | ﹤0.01% |
15,427
+2,504
| +19% | +$173K |
|
|
PLL
2582
DELISTED
Piedmont Lithium
PLL
| $1.09M | ﹤0.01% |
20,733
+1,682
| +9% | +$98.4K |
|
2583
Cousins Properties
CUZ
$5.18B
| $1.09M | ﹤0.01% |
26,957
+3,756
| +16% | +$148K |
|
2584
First Trust Exchange-Traded Fund II First Trust Indxx Global Natural Resources Income ETF
FTRI
$124M
| $1.09M | ﹤0.01% |
78,330
+8,815
| +13% | +$118K |
|
2585
Capital Southwest
CSWC
$1.49B
| $1.08M | ﹤0.01% |
42,911
+7,204
| +20% | +$192K |
|
2586
First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF
FTQI
$914M
| $1.08M | ﹤0.01% |
50,173
-5,108
| -9% | -$111K |
|
|
TTM
2587
DELISTED
Tata Motors Limited
TTM
| $1.08M | ﹤0.01% |
33,793
+10,164
| +43% | +$320K |
|
2588
Unifirst Corp
UNF
$5.29B
| $1.08M | ﹤0.01% |
5,150
-73
| -1% | -$15K |
|
|
JHMU
2589
DELISTED
John Hancock Multifactor Utilities ETF
JHMU
| $1.08M | ﹤0.01% |
30,642
+5,747
| +23% | +$193K |
|
2590
Regency Centers
REG
$14.6B
| $1.08M | ﹤0.01% |
14,365
-506
| -3% | -$36.5K |
|
2591
Sonoco
SON
$5.59B
| $1.08M | ﹤0.01% |
18,615
-1,432
| -7% | -$85.5K |
|
2592
United States Natural Gas Fund
UNG
$473M
| $1.08M | ﹤0.01% |
21,574
-9,980
| -32% | -$649K |
|
|
USLB
2593
DELISTED
Invesco Russell 1000 Low Beta Equal Weight ETF
USLB
| $1.08M | ﹤0.01% |
25,052
-440
| -2% | -$18.2K |
|
2594
Bausch Health
BHC
$2.63B
| $1.08M | ﹤0.01% |
38,979
+1,412
| +4% | +$37.8K |
|
|
GPP
2595
DELISTED
Green Plains Partners LP
GPP
| $1.07M | ﹤0.01% |
75,605
+27,136
| +56% | +$390K |
|
|
BECN
2596
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $1.07M | ﹤0.01% |
18,686
-2,027
| -10% | -$109K |
|
|
FNI
2597
DELISTED
First Trust Chindia ETF
FNI
| $1.07M | ﹤0.01% |
22,504
+2,524
| +13% | +$131K |
|
|
IIGV
2598
DELISTED
Invesco Investment Grade Value ETF
IIGV
| $1.07M | ﹤0.01% |
39,688
-101,582
| -72% | -$2.76M |
|
2599
Artisan Partners
APAM
$2.96B
| $1.07M | ﹤0.01% |
22,444
-1,730
| -7% | -$83.1K |
|
2600
Saic
SAIC
$5.09B
| $1.07M | ﹤0.01% |
12,771
-422
| -3% | -$36.7K |
|
Similar funds
LPL Financial's Q4 2021 Portfolio in Review
As of Q4 2021, LPL Financial held 4,559 positions worth $119B, up 12% from $106B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial deployed $6.13B of net new capital in Q4 2021, opening 235 new positions and adding to 2,641 existing holdings. Its largest new stake was iShares MSCI South Africa ETF: 184,094 shares worth $8.54M.
By sector, the portfolio is most concentrated in Technology at 6.8% of assets, up from 6.3% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $134M trimmed.
- LPL Financial's largest Q4 2021 buy was iShares MSCI South Africa ETF: 184,094 shares worth $8.54M.
- LPL Financial added most to Invesco QQQ Trust in Q4 2021, an estimated $205M increase.
- LPL Financial's biggest Q4 2021 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $134M.
- LPL Financial fully exited iShares iBonds Dec 2021 Term Corporate ETF in Q4 2021, selling an estimated $25.2M.
- LPL Financial's ten largest holdings make up 19% of its $119B portfolio in Q4 2021.
- LPL Financial opened 235 new positions and closed 224 in Q4 2021.
- LPL Financial's portfolio value rose 12% quarter-over-quarter to $119B.
Based on LPL Financial's 13F filing for Q4 2021, filed 14 Feb 2022.