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 | |
|---|---|---|---|---|---|---|
|
GTY
2726
Getty Realty Corp
GTY
$2.11B
| $927K | ﹤0.01% |
28,893
+5,166
| +22% | +$163K |
|
2727
Navient
NAVI
$789M
| $925K | ﹤0.01% |
43,570
+1,589
| +4% | +$32.1K |
|
|
BOSS
2728
DELISTED
Global X Founder-Run Companies ETF
BOSS
| $925K | ﹤0.01% |
27,202
+4,397
| +19% | +$156K |
|
2729
Kforce
KFRC
$1.02B
| $922K | ﹤0.01% |
12,255
+2,856
| +30% | +$205K |
|
|
SPMV
2730
DELISTED
Invesco S&P 500 Minimum Variance ETF
SPMV
| $922K | ﹤0.01% |
22,160
-558
| -2% | -$22.1K |
|
2731
Aegon
AEG
$14B
| $921K | ﹤0.01% |
194,875
+1,529
| +0.8% | +$7.15K |
|
2732
Invesco Zacks Multi-Asset Income ETF
CVY
$124M
| $920K | ﹤0.01% |
37,514
+5,308
| +16% | +$129K |
|
|
EOT
2733
Eaton Vance National Municipal Opportunities Trust
EOT
$270M
| $920K | ﹤0.01% |
41,694
+60
| +0.1% | +$1.37K |
|
2734
Ryder
R
$9.83B
| $919K | ﹤0.01% |
11,148
+3,049
| +38% | +$256K |
|
2735
AutoNation
AN
$7.11B
| $916K | ﹤0.01% |
7,843
-1,288
| -14% | -$155K |
|
2736
JPMorgan BetaBuilders US Equity ETF
BBUS
$8.84B
| $915K | ﹤0.01% |
10,589
+1,271
| +14% | +$107K |
|
2737
iShares Global Industrials ETF
EXI
$1.42B
| $914K | ﹤0.01% |
7,405
+1,043
| +16% | +$127K |
|
2738
Live Oak Bancshares
LOB
$1.98B
| $914K | ﹤0.01% |
10,466
-708
| -6% | -$59K |
|
2739
VanEck Durable High Dividend ETF
DURA
$38.6M
| $913K | ﹤0.01% |
28,409
-505
| -2% | -$15.8K |
|
2740
Energy Recovery
ERII
$446M
| $912K | ﹤0.01% |
42,438
-24,128
| -36% | -$505K |
|
|
OPI
2741
DELISTED
Office Properties Income Trust
OPI
| $908K | ﹤0.01% |
36,553
-1,496
| -4% | -$38.4K |
|
|
TYG
2742
Tortoise Energy Infrastructure Corp
TYG
$1.09B
| $908K | ﹤0.01% |
32,518
-949
| -3% | -$27.3K |
|
|
SNP
2743
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $907K | ﹤0.01% |
19,498
-2,101
| -10% | -$102K |
|
2744
Prestige Consumer Healthcare
PBH
$2.38B
| $906K | ﹤0.01% |
14,683
+1,655
| +13% | +$98.3K |
|
|
STEW
2745
SRH Total Return Fund
STEW
$1.79B
| $905K | ﹤0.01% |
63,663
+12,609
| +25% | +$170K |
|
2746
PBF Energy
PBF
$8.57B
| $903K | ﹤0.01% |
69,648
+31,853
| +84% | +$441K |
|
2747
Franklin FTSE United Kingdom ETF
FLGB
$910M
| $901K | ﹤0.01% |
35,470
+3,864
| +12% | +$96.9K |
|
2748
Encore Capital Group
ECPG
$2.02B
| $900K | ﹤0.01% |
14,491
-792
| -5% | -$44.6K |
|
2749
Dillards
DDS
$9.19B
| $899K | ﹤0.01% |
3,669
-402
| -10% | -$106K |
|
2750
iShares Currency Hedged MSCI Japan ETF
HEWJ
$717M
| $897K | ﹤0.01% |
22,618
+4,253
| +23% | +$170K |
|
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.