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 | |
|---|---|---|---|---|---|---|
2851
Graphic Packaging
GPK
$3.53B
| $753K | ﹤0.01% |
37,597
+12,898
| +52% | +$251K |
|
2852
Neogen
NEOG
$2.51B
| $753K | ﹤0.01% |
24,420
-234
| -0.9% | -$8.41K |
|
2853
Pampa Energía
PAM
$4.54B
| $753K | ﹤0.01% |
+31,878
| New | +$662K |
|
2854
Pilgrim's Pride
PPC
$6.32B
| $752K | ﹤0.01% |
29,978
+7,072
| +31% | +$184K |
|
2855
Freshpet
FRPT
$3.61B
| $750K | ﹤0.01% |
7,305
+414
| +6% | +$39K |
|
|
PRFT
2856
DELISTED
Perficient Inc
PRFT
| $748K | ﹤0.01% |
6,743
+499
| +8% | +$52.3K |
|
2857
Invesco Municipal Income Opportunities Trust
OIA
$288M
| $747K | ﹤0.01% |
105,267
+32,362
| +44% | +$237K |
|
|
BECN
2858
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $747K | ﹤0.01% |
12,607
-6,079
| -33% | -$348K |
|
2859
Dana Inc
DAN
$3.04B
| $746K | ﹤0.01% |
42,445
-2,127
| -5% | -$43.5K |
|
2860
ProShares Inflation Expectations ETF
RINF
$18.3M
| $746K | ﹤0.01% |
23,286
+4,089
| +21% | +$126K |
|
|
WIRE
2861
DELISTED
Encore Wire Corp
WIRE
| $746K | ﹤0.01% |
6,541
+4,849
| +287% | +$582K |
|
|
EVOP
2862
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $746K | ﹤0.01% |
31,879
+8,691
| +37% | +$207K |
|
|
KTF
2863
DWS Municipal Income Trust
KTF
$351M
| $745K | ﹤0.01% |
71,541
-4,083
| -5% | -$44.4K |
|
|
PHT
2864
DELISTED
Pioneer High Income Fund
PHT
| $744K | ﹤0.01% |
91,605
+48,357
| +112% | +$416K |
|
2865
Rocket Companies
RKT
$39B
| $744K | ﹤0.01% |
66,900
+9,397
| +16% | +$116K |
|
2866
StepStone Group
STEP
$4.06B
| $744K | ﹤0.01% |
22,507
+6,782
| +43% | +$234K |
|
|
UMPQ
2867
DELISTED
Umpqua Holdings Corp
UMPQ
| $744K | ﹤0.01% |
39,467
+1,862
| +5% | +$38.1K |
|
|
COHR
2868
DELISTED
Coherent Inc
COHR
| $744K | ﹤0.01% |
2,721
-459
| -14% | -$120K |
|
2869
Spectrum Brands
SPB
$2.09B
| $741K | ﹤0.01% |
8,355
-1,393
| -14% | -$128K |
|
2870
Levi Strauss
LEVI
$9.5B
| $739K | ﹤0.01% |
37,389
+13,327
| +55% | +$288K |
|
2871
Quantum Corp
QMCO
$459M
| $739K | ﹤0.01% |
16,282
+7,756
| +91% | +$568K |
|
2872
BlackRock Health Sciences Trust II
BMEZ
$976M
| $737K | ﹤0.01% |
36,719
+6,789
| +23% | +$141K |
|
|
MVF
2873
DELISTED
BlackRock MuniVest Fund
MVF
| $737K | ﹤0.01% |
90,299
-144
| -0.2% | -$1.26K |
|
2874
Brookfield Renewable
BEPC
$6.2B
| $736K | ﹤0.01% |
16,813
-5,851
| -26% | -$216K |
|
2875
AngloGold Ashanti
AU
$44.7B
| $735K | ﹤0.01% |
31,008
+5,066
| +20% | +$110K |
|
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.