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 | |
|---|---|---|---|---|---|---|
2901
Invesco S&P SmallCap Utilities & Communication Services ETF
PSCU
$17.3M
| $759K | ﹤0.01% |
11,127
+629
| +6% | +$42.2K |
|
|
EXE
2902
Expand Energy Corp
EXE
$21.8B
| $759K | ﹤0.01% |
+11,762
| New | +$746K |
|
2903
Cirrus Logic
CRUS
$6.53B
| $756K | ﹤0.01% |
8,218
-481
| -6% | -$40K |
|
|
CXH
2904
DELISTED
MFS Investment Grade Municipal Trust
CXH
| $756K | ﹤0.01% |
73,364
+25,616
| +54% | +$254K |
|
|
PBEE
2905
DELISTED
Invesco PureBeta FTSE Emerging Markets ETF
PBEE
| $756K | ﹤0.01% |
27,593
-3,060
| -10% | -$86.3K |
|
2906
Hancock Whitney
HWC
$6.2B
| $755K | ﹤0.01% |
15,094
+45
| +0.3% | +$2.25K |
|
2907
Asana
ASAN
$1.92B
| $754K | ﹤0.01% |
10,118
-13,981
| -58% | -$1.48M |
|
2908
Blue Bird Corp
BLBD
$2.35B
| $754K | ﹤0.01% |
48,212
-2,600
| -5% | -$51.6K |
|
2909
Oscar Health
OSCR
$9.41B
| $753K | ﹤0.01% |
95,917
-58,074
| -38% | -$729K |
|
2910
Sumitomo Mitsui Financial
SMFG
$164B
| $753K | ﹤0.01% |
110,904
+88,405
| +393% | +$599K |
|
2911
TriplePoint Venture Growth BDC
TPVG
$184M
| $753K | ﹤0.01% |
41,911
-68
| -0.2% | -$1.19K |
|
2912
MaxLinear
MXL
$6.06B
| $752K | ﹤0.01% |
9,972
+3,974
| +66% | +$254K |
|
2913
Group 1 Automotive
GPI
$3.42B
| $751K | ﹤0.01% |
3,847
+987
| +35% | +$192K |
|
2914
Calix
CALX
$2.26B
| $745K | ﹤0.01% |
9,321
-644
| -6% | -$42K |
|
2915
ITT
ITT
$17.5B
| $745K | ﹤0.01% |
7,288
+274
| +4% | +$26.8K |
|
|
ITCI
2916
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $745K | ﹤0.01% |
14,241
-676
| -5% | -$28.4K |
|
2917
Descartes Systems
DSGX
$6.44B
| $743K | ﹤0.01% |
8,991
+37
| +0.4% | +$3.03K |
|
|
DHF
2918
BNY Mellon High Yield Strategies Fund
DHF
$171M
| $742K | ﹤0.01% |
242,569
+21,140
| +10% | +$67.9K |
|
|
HPF
2919
John Hancock Preferred Income Fund II
HPF
$343M
| $739K | ﹤0.01% |
35,404
-4,937
| -12% | -$106K |
|
2920
Installed Building Products
IBP
$6.01B
| $739K | ﹤0.01% |
5,322
+877
| +20% | +$112K |
|
2921
Ohio Valley Banc Corp
OVBC
$198M
| $739K | ﹤0.01% |
24,913
| – | – |
|
|
EIM
2922
Eaton Vance Municipal Bond Fund
EIM
$491M
| $738K | ﹤0.01% |
54,342
+8,250
| +18% | +$111K |
|
2923
Imperial Oil
IMO
$62.7B
| $738K | ﹤0.01% |
20,450
-52
| -0.3% | -$1.79K |
|
|
RWT
2924
Redwood Trust
RWT
$574M
| $738K | ﹤0.01% |
55,986
+14,664
| +35% | +$198K |
|
|
DOOR
2925
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $737K | ﹤0.01% |
6,249
+35
| +0.6% | +$4.01K |
|
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.