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 | |
|---|---|---|---|---|---|---|
2601
Pacer WealthShield ETF
PWS
$24.6M
| $1.02M | ﹤0.01% |
33,192
-2,732
| -8% | -$84.7K |
|
2602
Vident US Equity Strategy ETF
VUSE
$697M
| $1.02M | ﹤0.01% |
+22,466
| New | +$1.01M |
|
2603
Zillow
ZG
$8.45B
| $1.02M | ﹤0.01% |
21,129
+817
| +4% | +$43.2K |
|
2604
Victory Capital Holdings
VCTR
$6.35B
| $1.02M | ﹤0.01% |
+35,245
| New | +$1.15M |
|
2605
Carpenter Technology
CRS
$28.8B
| $1.01M | ﹤0.01% |
24,146
+597
| +3% | +$20.9K |
|
2606
Flowers Foods
FLO
$1.57B
| $1.01M | ﹤0.01% |
39,452
-11,408
| -22% | -$310K |
|
|
JHMC
2607
DELISTED
John Hancock Multifactor Consumer Discretionary ETF
JHMC
| $1.01M | ﹤0.01% |
20,613
-2,466
| -11% | -$123K |
|
|
JHS
2608
John Hancock Income Securities Trust
JHS
$127M
| $1.01M | ﹤0.01% |
74,193
+456
| +0.6% | +$6.32K |
|
|
WFH
2609
DELISTED
Direxion Work From Home ETF
WFH
| $1.01M | ﹤0.01% |
15,417
-2,907
| -16% | -$191K |
|
|
FIVA
2610
Fidelity International Value Factor ETF
FIVA
$599M
| $1.01M | ﹤0.01% |
+43,016
| New | +$1.04M |
|
|
JNPR
2611
DELISTED
Juniper Networks
JNPR
| $1.01M | ﹤0.01% |
27,158
+19,630
| +261% | +$675K |
|
|
IGD
2612
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$511M
| $1.01M | ﹤0.01% |
171,957
+14,604
| +9% | +$86.6K |
|
2613
Carter's
CRI
$1.44B
| $1M | ﹤0.01% |
10,922
+175
| +2% | +$16.4K |
|
2614
Nuveen California Municipal Value Fund
NCA
$301M
| $1M | ﹤0.01% |
109,725
+9,413
| +9% | +$90.6K |
|
2615
RB Global
RBA
$18.1B
| $1M | ﹤0.01% |
17,033
+1,108
| +7% | +$65.1K |
|
2616
Pinnacle Financial Partners Inc
PNFP
$16.3B
| $1M | ﹤0.01% |
10,902
+4,717
| +76% | +$466K |
|
2617
Semtech
SMTC
$11.5B
| $999K | ﹤0.01% |
14,405
-10
| -0.1% | -$718 |
|
2618
AutoNation
AN
$7.1B
| $997K | ﹤0.01% |
10,012
+2,169
| +28% | +$240K |
|
2619
Euronet Worldwide
EEFT
$2.88B
| $995K | ﹤0.01% |
7,642
+928
| +14% | +$118K |
|
|
HPS
2620
John Hancock Preferred Income Fund III
HPS
$459M
| $995K | ﹤0.01% |
55,409
+61
| +0.1% | +$1.07K |
|
2621
Chemed
CHE
$7.05B
| $993K | ﹤0.01% |
1,959
-1,010
| -34% | -$484K |
|
2622
EastGroup Properties
EGP
$10.9B
| $993K | ﹤0.01% |
4,883
-123
| -2% | -$24.3K |
|
2623
Alerian Energy Infrastructure ETF
ENFR
$508M
| $990K | ﹤0.01% |
43,598
+11,906
| +38% | +$249K |
|
2624
G-III Apparel Group
GIII
$1.55B
| $989K | ﹤0.01% |
36,297
+8,293
| +30% | +$226K |
|
2625
Home BancShares
HOMB
$6.27B
| $989K | ﹤0.01% |
43,759
+15,322
| +54% | +$362K |
|
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.