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 | |
|---|---|---|---|---|---|---|
|
TSP
2626
DELISTED
TuSimple Holdings Inc. Class A Common Stock
TSP
| $1.04M | ﹤0.01% |
28,960
+2,271
| +9% | +$84.6K |
|
2627
IQ MacKay Municipal Intermediate ETF
MMIT
$1.46B
| $1.04M | ﹤0.01% |
38,907
-512
| -1% | -$13.7K |
|
2628
ProShares Ultra S&P500
SSO
$8.03B
| $1.03M | ﹤0.01% |
28,280
+4,104
| +17% | +$140K |
|
2629
Advanced Drainage Systems
WMS
$11B
| $1.03M | ﹤0.01% |
7,603
-21,678
| -74% | -$2.67M |
|
2630
Kimco Realty
KIM
$17.1B
| $1.03M | ﹤0.01% |
41,945
+3,006
| +8% | +$69.5K |
|
2631
Progyny
PGNY
$2.48B
| $1.03M | ﹤0.01% |
20,534
+4,131
| +25% | +$231K |
|
2632
InfraCap MLP ETF
AMZA
$467M
| $1.03M | ﹤0.01% |
40,070
-10,198
| -20% | -$272K |
|
2633
Littelfuse
LFUS
$11.2B
| $1.03M | ﹤0.01% |
3,289
+456
| +16% | +$138K |
|
2634
JPMorgan Diversified Return Emerging Markets Equity ETF
JPEM
$390M
| $1.03M | ﹤0.01% |
18,128
-2,026
| -10% | -$116K |
|
2635
iShares International Developed Real Estate ETF
IFGL
$82.7M
| $1.03M | ﹤0.01% |
36,070
-17,112
| -32% | -$489K |
|
|
JSD
2636
DELISTED
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND
JSD
| $1.02M | ﹤0.01% |
69,134
-2,709
| -4% | -$40.6K |
|
2637
Helios Technologies
HLIO
$2.63B
| $1.02M | ﹤0.01% |
9,741
+3,552
| +57% | +$345K |
|
2638
Acuity Brands
AYI
$10B
| $1.02M | ﹤0.01% |
4,821
+894
| +23% | +$185K |
|
2639
German American Bancorp
GABC
$1.94B
| $1.02M | ﹤0.01% |
26,194
+4,396
| +20% | +$176K |
|
2640
Saia
SAIA
$9.29B
| $1.02M | ﹤0.01% |
+3,024
| New | +$939K |
|
2641
Dana Inc
DAN
$2.95B
| $1.02M | ﹤0.01% |
44,572
-1,048
| -2% | -$24.3K |
|
2642
Guidewire Software
GWRE
$13B
| $1.02M | ﹤0.01% |
8,952
+361
| +4% | +$42.8K |
|
2643
Nuveen California Municipal Value Fund
NCA
$298M
| $1.01M | ﹤0.01% |
100,312
-3,742
| -4% | -$38.3K |
|
2644
Invesco S&P Emerging Markets Momentum ETF
EEMO
$23.1M
| $1.01M | ﹤0.01% |
57,494
-9,332
| -14% | -$165K |
|
|
JDIV
2645
DELISTED
JPMorgan U.S. Dividend ETF
JDIV
| $1.01M | ﹤0.01% |
29,621
+17,859
| +152% | +$590K |
|
2646
Loews
L
$23.9B
| $1.01M | ﹤0.01% |
17,517
+6,204
| +55% | +$352K |
|
2647
iShares US & Intl High Yield Corp Bond ETF
GHYG
$198M
| $1.01M | ﹤0.01% |
20,514
-2,426
| -11% | -$120K |
|
2648
iShares MSCI Israel ETF
EIS
$880M
| $1.01M | ﹤0.01% |
12,930
+3,648
| +39% | +$277K |
|
|
DCP
2649
DELISTED
DCP Midstream, LP
DCP
| $1.01M | ﹤0.01% |
36,648
-808
| -2% | -$23.5K |
|
2650
Allison Transmission
ALSN
$9.62B
| $1.01M | ﹤0.01% |
27,668
-11,449
| -29% | -$404K |
|
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.