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 | |
|---|---|---|---|---|---|---|
2751
Clearfield
CLFD
$411M
| $896K | ﹤0.01% |
10,619
-5,939
| -36% | -$373K |
|
2752
Brunswick
BC
$5.13B
| $895K | ﹤0.01% |
8,884
+196
| +2% | +$19.2K |
|
|
KTF
2753
DWS Municipal Income Trust
KTF
$346M
| $894K | ﹤0.01% |
75,624
-599
| -0.8% | -$7.12K |
|
2754
US Commodity Index
USCI
$369M
| $894K | ﹤0.01% |
20,560
+190
| +0.9% | +$8.15K |
|
2755
Saba Closed-End Funds ETF
CEFS
$425M
| $893K | ﹤0.01% |
43,200
+10,535
| +32% | +$225K |
|
2756
Principal Active High Yield ETF
YLD
$571M
| $893K | ﹤0.01% |
42,868
+2,216
| +5% | +$46.1K |
|
2757
C3.ai
AI
$1.43B
| $892K | ﹤0.01% |
28,549
+8,580
| +43% | +$347K |
|
2758
PLDT
PHI
$4.25B
| $892K | ﹤0.01% |
24,973
+231
| +0.9% | +$7.78K |
|
|
FDIQ
2759
Invesco Bloomberg Financial Data Providers ETF
FDIQ
$52.2M
| $889K | ﹤0.01% |
14,115
-436
| -3% | -$27.7K |
|
2760
Acadia Pharmaceuticals
ACAD
$4.43B
| $887K | ﹤0.01% |
37,991
-13,677
| -26% | -$275K |
|
2761
Global X Alternative Income ETF
ALTY
$45.7M
| $886K | ﹤0.01% |
66,058
+12,385
| +23% | +$166K |
|
|
MOON
2762
DELISTED
Direxion Moonshot Innovators ETF
MOON
| $886K | ﹤0.01% |
32,844
-10,717
| -25% | -$335K |
|
|
VXRT
2763
DELISTED
Vaxart
VXRT
| $885K | ﹤0.01% |
141,129
+61,557
| +77% | +$420K |
|
|
LAND
2764
Gladstone Land Corp
LAND
$350M
| $884K | ﹤0.01% |
26,193
-2,693
| -9% | -$72.5K |
|
2765
Synaptics
SYNA
$4.19B
| $884K | ﹤0.01% |
3,053
+580
| +23% | +$139K |
|
2766
Badger Meter
BMI
$3.89B
| $883K | ﹤0.01% |
8,329
+1,468
| +21% | +$155K |
|
2767
Kulicke & Soffa
KLIC
$4.67B
| $880K | ﹤0.01% |
14,539
-42
| -0.3% | -$2.4K |
|
2768
FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
TLTE
$336M
| $880K | ﹤0.01% |
14,890
-332
| -2% | -$20K |
|
2769
WD-40
WDFC
$3.05B
| $880K | ﹤0.01% |
3,598
-901
| -20% | -$210K |
|
2770
Globe Life
GL
$14.2B
| $879K | ﹤0.01% |
9,377
+600
| +7% | +$55.5K |
|
|
SCPL
2771
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $879K | ﹤0.01% |
63,809
-28,679
| -31% | -$514K |
|
2772
CNB Financial Corp
CCNE
$1.04B
| $878K | ﹤0.01% |
33,124
+947
| +3% | +$24.8K |
|
|
MQT
2773
DELISTED
BlackRock MuniYield Quality Fund II
MQT
| $878K | ﹤0.01% |
60,550
+14,482
| +31% | +$209K |
|
2774
Safety Insurance
SAFT
$1.52B
| $877K | ﹤0.01% |
10,308
-811
| -7% | -$65.1K |
|
2775
John Hancock Multifactor Emerging Markets ETF
JHEM
$987M
| $876K | ﹤0.01% |
30,150
+4,953
| +20% | +$147K |
|
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.