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 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 | |
|---|---|---|---|---|---|---|
276
Janus Henderson Short Duration Income ETF
VNLA
$3.34B
| $77.7M | 0.07% |
1,568,977
+61,466
| +4% | +$3.07M |
|
277
Blackrock
BLK
$167B
| $77.6M | 0.07% |
84,737
+6,270
| +8% | +$5.72M |
|
278
Union Pacific
UNP
$174B
| $77.5M | 0.07% |
307,454
+19,873
| +7% | +$4.71M |
|
279
3M
MMM
$91.8B
| $76.6M | 0.06% |
515,434
+10,260
| +2% | +$1.53M |
|
280
State Street SPDR S&P Regional Banking ETF
KRE
$4.51B
| $76.3M | 0.06% |
1,077,034
+150,288
| +16% | +$10.8M |
|
281
Wells Fargo
WFC
$254B
| $76.2M | 0.06% |
1,588,600
+135,553
| +9% | +$6.67M |
|
282
First Trust Mid Cap Core AlphaDEX Fund
FNX
$1.37B
| $76.2M | 0.06% |
740,476
+28,855
| +4% | +$2.96M |
|
283
Danaher
DHR
$138B
| $74.6M | 0.06% |
255,606
+24,664
| +11% | +$6.79M |
|
284
iShares Global Consumer Staples ETF
KXI
$1.09B
| $74.2M | 0.06% |
1,146,904
+20,125
| +2% | +$1.25M |
|
285
Accenture
ACN
$106B
| $73.7M | 0.06% |
177,850
+13,507
| +8% | +$4.92M |
|
|
XYZ
286
Block Inc
XYZ
$48.9B
| $73.3M | 0.06% |
453,644
+268
| +0.1% | +$58.1K |
|
287
Invesco S&P 500 High Beta ETF
SPHB
$934M
| $73M | 0.06% |
923,207
+87,657
| +10% | +$6.84M |
|
288
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.06B
| $72M | 0.06% |
1,391,851
+73,896
| +6% | +$3.81M |
|
289
WisdomTree Yield Enhanced US Aggregate Bond Fund
AGGY
$921M
| $71.5M | 0.06% |
1,383,903
+9,385
| +0.7% | +$486K |
|
290
First Trust Exchange-Traded Fund II First Trust International Equity Opportunities ETF
FPXI
$261M
| $71.1M | 0.06% |
1,233,669
-288,009
| -19% | -$18M |
|
291
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN
$569M
| $70.8M | 0.06% |
1,041,467
+66,797
| +7% | +$4.81M |
|
292
VanEck Intermediate Muni ETF
ITM
$2.14B
| $70.6M | 0.06% |
1,376,908
-7,570
| -0.5% | -$387K |
|
293
First Trust SMID Cap Rising Dividend Achievers ETF
SDVY
$11.5B
| $70.6M | 0.06% |
2,328,989
+1,186,953
| +104% | +$35.3M |
|
294
First Trust Technology AlphaDEX Fund
FXL
$2.4B
| $70.2M | 0.06% |
531,876
-7,371
| -1% | -$965K |
|
|
VPU
295
Vanguard Utilities ETF
VPU
$8.56B
| $69.8M | 0.06% |
446,577
+3,709
| +0.8% | +$547K |
|
296
iShares ESG Optimized MSCI USA ETF
SUSA
$3.95B
| $69.6M | 0.06% |
654,927
+31,273
| +5% | +$3.21M |
|
297
iShares Short-Term National Muni Bond ETF
SUB
$11.3B
| $69.2M | 0.06% |
644,056
+120,326
| +23% | +$12.9M |
|
298
Invesco S&P 500 Pure Growth ETF
RPG
$1.9B
| $69.1M | 0.06% |
1,639,615
-53,145
| -3% | -$2.21M |
|
299
ARK Genomic Revolution ETF
ARKG
$1.53B
| $69M | 0.06% |
1,127,061
-108,438
| -9% | -$7.5M |
|
300
Honeywell
HON
$76.4B
| $68.8M | 0.06% |
349,909
+11,632
| +3% | +$2.35M |
|
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.