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 | |
|---|---|---|---|---|---|---|
2801
Reynolds Consumer Products
REYN
$5.26B
| $850K | ﹤0.01% |
27,085
+7,058
| +35% | +$206K |
|
|
PCH
2802
DELISTED
PotlatchDeltic
PCH
| $849K | ﹤0.01% |
14,097
+1,018
| +8% | +$57.1K |
|
2803
TriCo Bancshares
TCBK
$1.84B
| $849K | ﹤0.01% |
19,766
+378
| +2% | +$16.6K |
|
|
QSIG
2804
WisdomTree U.S. Short Term Corporate Bond Fund
QSIG
$52.9M
| $848K | ﹤0.01% |
16,763
-3,446
| -17% | -$175K |
|
|
COHR
2805
DELISTED
Coherent Inc
COHR
| $848K | ﹤0.01% |
3,180
-1,785
| -36% | -$461K |
|
2806
BlackRock Floating Rate Income Trust
BGT
$323M
| $845K | ﹤0.01% |
60,430
-350
| -0.6% | -$4.81K |
|
2807
FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
$730M
| $845K | ﹤0.01% |
16,009
-3,362
| -17% | -$179K |
|
2808
Invesco BulletShares 2026 Municipal Bond ETF
BSMQ
$271M
| $841K | ﹤0.01% |
32,534
+6,313
| +24% | +$163K |
|
2809
PVH
PVH
$4B
| $841K | ﹤0.01% |
7,889
-6,323
| -44% | -$691K |
|
2810
Gentherm
THRM
$1.25B
| $841K | ﹤0.01% |
9,707
+1,629
| +20% | +$137K |
|
|
NXJ
2811
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $840K | ﹤0.01% |
54,603
+4,942
| +10% | +$76K |
|
2812
Revolve Group
RVLV
$1.8B
| $840K | ﹤0.01% |
14,992
-2,067
| -12% | -$145K |
|
2813
Acadia Realty Trust
AKR
$3.09B
| $838K | ﹤0.01% |
38,400
-4,526
| -11% | -$98.7K |
|
2814
Invesco S&P SmallCap Energy ETF
PSCE
$98.6M
| $838K | ﹤0.01% |
23,986
-1,875
| -7% | -$72.6K |
|
2815
Sprout Social
SPT
$516M
| $837K | ﹤0.01% |
9,226
-5
| -0.1% | -$567 |
|
|
XWEB
2816
DELISTED
SPDR S&P Internet ETF
XWEB
| $837K | ﹤0.01% |
5,742
-2,973
| -34% | -$481K |
|
|
MNRL
2817
DELISTED
Brigham Minerals, Inc. Class A Common Stock
MNRL
| $837K | ﹤0.01% |
39,670
+7,278
| +22% | +$159K |
|
2818
EPR Properties
EPR
$4.76B
| $836K | ﹤0.01% |
17,599
+1,074
| +6% | +$53.3K |
|
2819
Hamilton Lane
HLNE
$4.91B
| $836K | ﹤0.01% |
8,066
+3,086
| +62% | +$317K |
|
2820
MGE Energy Inc
MGEE
$3B
| $836K | ﹤0.01% |
10,159
+992
| +11% | +$76.2K |
|
2821
Brookfield Renewable
BEPC
$6.08B
| $835K | ﹤0.01% |
22,664
-2,786
| -11% | -$106K |
|
2822
iShares MSCI France ETF
EWQ
$335M
| $835K | ﹤0.01% |
21,475
+7,621
| +55% | +$295K |
|
|
PMF
2823
DELISTED
PIMCO Municipal Income Fund
PMF
| $835K | ﹤0.01% |
54,889
-5,013
| -8% | -$72.9K |
|
2824
Smith & Wesson
SWBI
$651M
| $834K | ﹤0.01% |
46,882
-366
| -0.8% | -$7.55K |
|
2825
MarineMax
HZO
$759M
| $832K | ﹤0.01% |
14,094
+3,287
| +30% | +$176K |
|
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.