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 | |
|---|---|---|---|---|---|---|
2651
Ashland
ASH
$3.28B
| $1.01M | ﹤0.01% |
9,342
+118
| +1% | +$11.9K |
|
2652
Westlake Chemical Partners
WLKP
$752M
| $1M | ﹤0.01% |
37,415
+937
| +3% | +$23.2K |
|
|
CHX
2653
DELISTED
ChampionX
CHX
| $1M | ﹤0.01% |
49,647
-6,646
| -12% | -$156K |
|
2654
West Fraser Timber
WFG
$5.12B
| $1M | ﹤0.01% |
10,518
+7,429
| +240% | +$643K |
|
|
EMTL
2655
DELISTED
State Street DoubleLine Emerging Markets Fixed Income ETF
EMTL
| $1M | ﹤0.01% |
20,517
-83,773
| -80% | -$4.18M |
|
|
RCM
2656
DELISTED
R1 RCM Inc. Common Stock
RCM
| $1M | ﹤0.01% |
39,308
-928
| -2% | -$22.2K |
|
2657
United Natural Foods
UNFI
$2.95B
| $1M | ﹤0.01% |
20,324
+6,356
| +46% | +$307K |
|
2658
East-West Bancorp
EWBC
$18B
| $1M | ﹤0.01% |
12,708
+450
| +4% | +$36.2K |
|
2659
Goldman Sachs BDC
GSBD
$988M
| $1M | ﹤0.01% |
52,173
+2,554
| +5% | +$48.5K |
|
2660
Teleflex
TFX
$6.22B
| $1M | ﹤0.01% |
3,043
+1,220
| +67% | +$415K |
|
2661
Commault Systems
CVLT
$5.09B
| $999K | ﹤0.01% |
14,498
-626
| -4% | -$42.7K |
|
2662
Mayville Engineering Co
MEC
$664M
| $999K | ﹤0.01% |
67,015
+1,100
| +2% | +$18.1K |
|
|
MNP
2663
DELISTED
Western Asset Municipal Partners Fund, Inc.
MNP
| $997K | ﹤0.01% |
64,076
+33,650
| +111% | +$527K |
|
2664
Merit Medical Systems
MMSI
$5.09B
| $996K | ﹤0.01% |
15,610
+3,013
| +24% | +$202K |
|
2665
Spectrum Brands
SPB
$2.04B
| $992K | ﹤0.01% |
9,748
-966
| -9% | -$94.9K |
|
|
LSXMA
2666
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $992K | ﹤0.01% |
26,559
+2,177
| +9% | +$80.3K |
|
2667
LCI Industries
LCII
$2.51B
| $991K | ﹤0.01% |
6,341
+1,181
| +23% | +$176K |
|
|
FSD
2668
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| $991K | ﹤0.01% |
63,568
+25,878
| +69% | +$407K |
|
|
ATAXZ
2669
DELISTED
AMERICA FIRST TAX EXEMT INV LP
ATAXZ
| $991K | ﹤0.01% |
154,159
+35,569
| +30% | +$229K |
|
2670
Stewart Information Services
STC
$2.09B
| $990K | ﹤0.01% |
12,418
+1,564
| +14% | +$115K |
|
2671
Halozyme
HALO
$9.81B
| $989K | ﹤0.01% |
24,589
+7,271
| +42% | +$271K |
|
2672
ProShares Ultra QQQ
QLD
$13.2B
| $986K | ﹤0.01% |
22,144
-12,500
| -36% | -$528K |
|
2673
BlackRock MuniHoldings Fund
MHD
$598M
| $984K | ﹤0.01% |
58,693
+7,604
| +15% | +$126K |
|
2674
Suburban Propane Partners
SPH
$1.24B
| $984K | ﹤0.01% |
67,193
+3,375
| +5% | +$51.1K |
|
2675
ArcBest
ARCB
$3.09B
| $982K | ﹤0.01% |
8,193
+4,465
| +120% | +$454K |
|
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.