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 | |
|---|---|---|---|---|---|---|
2726
Invesco Municipal Opportunity Trust
VMO
$656M
| $866K | ﹤0.01% |
75,618
+7,307
| +11% | +$88.9K |
|
|
MFM
2727
Aberdeen Municipal Income Fund
MFM
$221M
| $865K | ﹤0.01% |
141,354
+45,070
| +47% | +$291K |
|
2728
PubMatic
PUBM
$627M
| $865K | ﹤0.01% |
31,948
+12,123
| +61% | +$311K |
|
2729
PLDT
PHI
$4.24B
| $864K | ﹤0.01% |
24,573
-400
| -2% | -$14.2K |
|
|
DOG
2730
ProShares Short Dow30
DOG
$96.7M
| $861K | ﹤0.01% |
26,350
-55,868
| -68% | -$1.84M |
|
|
PRO
2731
DELISTED
PROS Holdings
PRO
| $861K | ﹤0.01% |
25,859
+4,871
| +23% | +$150K |
|
2732
Franklin Senior Loan ETF
FLBL
$850M
| $860K | ﹤0.01% |
+34,870
| New | +$864K |
|
2733
MarineMax
HZO
$793M
| $860K | ﹤0.01% |
21,365
+7,271
| +52% | +$342K |
|
2734
Invesco Zacks Multi-Asset Income ETF
CVY
$125M
| $859K | ﹤0.01% |
35,865
-1,649
| -4% | -$40.3K |
|
2735
ProShares Ultra QQQ
QLD
$13.8B
| $859K | ﹤0.01% |
23,892
+1,748
| +8% | +$61.4K |
|
|
BOSS
2736
DELISTED
Global X Founder-Run Companies ETF
BOSS
| $858K | ﹤0.01% |
28,585
+1,383
| +5% | +$41.1K |
|
|
ATAXZ
2737
DELISTED
AMERICA FIRST TAX EXEMT INV LP
ATAXZ
| $856K | ﹤0.01% |
141,520
-12,639
| -8% | -$76.4K |
|
2738
BlackRock Floating Rate Income Strategies Fund
FRA
$384M
| $855K | ﹤0.01% |
65,705
+25,366
| +63% | +$340K |
|
2739
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$721M
| $854K | ﹤0.01% |
23,125
+1,174
| +5% | +$45.1K |
|
2740
Radware
RDWR
$1.2B
| $854K | ﹤0.01% |
26,713
-581
| -2% | -$19.3K |
|
2741
CNA Financial
CNA
$14.2B
| $853K | ﹤0.01% |
17,547
+70
| +0.4% | +$3.26K |
|
|
FEN
2742
DELISTED
First Trust Energy Income and Growth Fund
FEN
| $853K | ﹤0.01% |
52,565
-4,003
| -7% | -$61.8K |
|
2743
COPT Defense Properties
CDP
$4.24B
| $852K | ﹤0.01% |
29,849
+2,149
| +8% | +$57.9K |
|
2744
CryoPort
CYRX
$769M
| $852K | ﹤0.01% |
24,419
-4,047
| -14% | -$153K |
|
2745
PetMed Express
PETS
$42.1M
| $851K | ﹤0.01% |
33,000
-15,915
| -33% | -$413K |
|
2746
Albertsons Companies
ACI
$5.75B
| $848K | ﹤0.01% |
25,500
+8,388
| +49% | +$261K |
|
2747
Global X Renewable Energy Producers ETF
RNRG
$25.7M
| $848K | ﹤0.01% |
17,586
-27,211
| -61% | -$1.21M |
|
|
LGF.B
2748
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $847K | ﹤0.01% |
56,326
+16,970
| +43% | +$246K |
|
2749
Hamilton Lane
HLNE
$5.56B
| $846K | ﹤0.01% |
10,945
+2,879
| +36% | +$240K |
|
2750
Simpson Manufacturing
SSD
$8.12B
| $846K | ﹤0.01% |
7,754
-1,029
| -12% | -$122K |
|
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.