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 | |
|---|---|---|---|---|---|---|
2851
IQ Candriam US Large Cap Equity ETF
IQSU
$325M
| $804K | ﹤0.01% |
19,312
+2,828
| +17% | +$113K |
|
2852
Primerica
PRI
$9.98B
| $803K | ﹤0.01% |
5,242
+773
| +17% | +$123K |
|
|
RDFN
2853
DELISTED
Redfin
RDFN
| $803K | ﹤0.01% |
20,921
-7,031
| -25% | -$319K |
|
|
TWOU
2854
DELISTED
2U Inc
TWOU
| $803K | ﹤0.01% |
1,334
-128
| -9% | -$102K |
|
2855
Euronet Worldwide
EEFT
$2.72B
| $800K | ﹤0.01% |
6,714
+894
| +15% | +$106K |
|
|
FPI
2856
Farmland Partners
FPI
$408M
| $799K | ﹤0.01% |
66,865
+26,076
| +64% | +$311K |
|
2857
Liberty Broadband Class A
LBRDA
$4.89B
| $799K | ﹤0.01% |
4,968
+599
| +14% | +$97.1K |
|
|
AIF
2858
DELISTED
Apollo Tactical Income Fund Inc.
AIF
| $797K | ﹤0.01% |
52,015
+9,143
| +21% | +$143K |
|
2859
Avista
AVA
$3.34B
| $796K | ﹤0.01% |
18,729
+1,371
| +8% | +$55.2K |
|
2860
Applied Industrial Technologies
AIT
$12.8B
| $794K | ﹤0.01% |
7,768
+1,308
| +20% | +$131K |
|
2861
Everest Group
EG
$14.5B
| $794K | ﹤0.01% |
2,900
+191
| +7% | +$51.6K |
|
|
CHNG
2862
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $792K | ﹤0.01% |
37,051
+21,639
| +140% | +$454K |
|
2863
KB Home
KBH
$3.37B
| $791K | ﹤0.01% |
17,683
+638
| +4% | +$26.7K |
|
|
MNR
2864
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $791K | ﹤0.01% |
37,653
-2,342
| -6% | -$47.3K |
|
2865
Ezcorp Inc
EZPW
$1.83B
| $790K | ﹤0.01% |
107,230
-289
| -0.3% | -$2.19K |
|
2866
BNY Mellon US Mid Cap Core Equity ETF
BKMC
$653M
| $789K | ﹤0.01% |
+24,948
| New | +$777K |
|
2867
First Trust Alerian Disruptive Technology Real Estate ETF
DTRE
$14.7M
| $788K | ﹤0.01% |
14,490
+252
| +2% | +$13.3K |
|
|
SNV
2868
DELISTED
Synovus
SNV
| $788K | ﹤0.01% |
16,466
+1,166
| +8% | +$55.2K |
|
2869
Nuveen AMT-Free Municipal Value Fund
NUW
$251M
| $786K | ﹤0.01% |
47,399
+1,144
| +2% | +$19.1K |
|
|
SKX
2870
DELISTED
Skechers
SKX
| $785K | ﹤0.01% |
18,084
-2,697
| -13% | -$121K |
|
2871
Twist Bioscience
TWST
$5.7B
| $784K | ﹤0.01% |
10,128
+8,089
| +397% | +$830K |
|
2872
Inspire International ETF
WWJD
$560M
| $784K | ﹤0.01% |
25,117
+8,120
| +48% | +$276K |
|
2873
Shinhan Financial Group
SHG
$32.8B
| $783K | ﹤0.01% |
25,341
+7,687
| +44% | +$247K |
|
|
FEN
2874
DELISTED
First Trust Energy Income and Growth Fund
FEN
| $782K | ﹤0.01% |
56,568
+3,882
| +7% | +$54.6K |
|
2875
Pegasystems
PEGA
$5.02B
| $780K | ﹤0.01% |
13,950
-1,880
| -12% | -$111K |
|
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.