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 | |
|---|---|---|---|---|---|---|
|
CHNG
2976
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $658K | ﹤0.01% |
30,162
-6,889
| -19% | -$143K |
|
2977
C3.ai
AI
$1.54B
| $657K | ﹤0.01% |
28,927
+378
| +1% | +$9.1K |
|
2978
Nuveen AMT-Free Municipal Value Fund
NUW
$250M
| $656K | ﹤0.01% |
44,433
-2,966
| -6% | -$46.4K |
|
2979
RingCentral
RNG
$5.09B
| $656K | ﹤0.01% |
5,599
-6,748
| -55% | -$993K |
|
2980
Achieve Life Sciences
ACHV
$675M
| $655K | ﹤0.01% |
86,550
+17,600
| +26% | +$131K |
|
2981
McCormick & Company Voting
MKC.V
$14.1B
| $655K | ﹤0.01% |
6,545
-60
| -0.9% | -$5.87K |
|
2982
Primoris Services
PRIM
$4.62B
| $655K | ﹤0.01% |
27,493
+2,763
| +11% | +$71.1K |
|
2983
Occidental Petroleum Corp Warrants
OXY.WS
$30.2B
| $654K | ﹤0.01% |
18,569
-1,523
| -8% | -$36.8K |
|
|
UHT
2984
Universal Health Realty Income Trust
UHT
$587M
| $654K | ﹤0.01% |
11,205
-612
| -5% | -$35.5K |
|
2985
GoodRx Holdings
GDRX
$1.1B
| $653K | ﹤0.01% |
33,782
-40,462
| -54% | -$928K |
|
2986
St. Joe Company
JOE
$3.72B
| $653K | ﹤0.01% |
11,015
-2,029
| -16% | -$105K |
|
2987
News Corp Class A
NWSA
$15.3B
| $653K | ﹤0.01% |
+29,467
| New | +$652K |
|
2988
PUT
Amazon
AMZN
$2.96T
| $652K | ﹤0.01% |
+4,000
| New | +$618K |
|
|
ERF
2989
DELISTED
Enerplus Corporation
ERF
| $651K | ﹤0.01% |
51,258
+1,964
| +4% | +$23.8K |
|
2990
Clean Energy Fuels
CLNE
$403M
| $650K | ﹤0.01% |
81,869
-4,068
| -5% | -$27.4K |
|
2991
Seacoast Banking Corp of Florida
SBCF
$3.38B
| $650K | ﹤0.01% |
18,568
+7,725
| +71% | +$281K |
|
2992
Arrow Dow Jones Global Yield ETF
GYLD
$37.7M
| $647K | ﹤0.01% |
44,548
+135
| +0.3% | +$1.98K |
|
2993
WisdomTree International MidCap Dividend Fund
DIM
$169M
| $646K | ﹤0.01% |
10,062
+6
| +0.1% | +$391 |
|
|
JMIA
2994
Jumia Technologies
JMIA
$742M
| $646K | ﹤0.01% |
67,461
-5,010
| -7% | -$44.7K |
|
2995
iShares US Tech Breakthrough Multisector ETF
TECB
$486M
| $646K | ﹤0.01% |
17,712
-42,405
| -71% | -$1.54M |
|
2996
KraneShares MSCI China Clean Technology Index ETF
KGRN
$54.7M
| $645K | ﹤0.01% |
17,626
+920
| +6% | +$36.7K |
|
2997
Global X MSCI Norway ETF
NORW
$87.5M
| $645K | ﹤0.01% |
20,211
+11,699
| +137% | +$358K |
|
2998
Smith & Wesson
SWBI
$663M
| $645K | ﹤0.01% |
42,610
-4,272
| -9% | -$71.8K |
|
2999
James Hardie Industries
JHX
$16.4B
| $643K | ﹤0.01% |
21,328
+10,426
| +96% | +$353K |
|
3000
Q2 Holdings
QTWO
$3.92B
| $642K | ﹤0.01% |
10,412
+2,001
| +24% | +$128K |
|
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.