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 | |
|---|---|---|---|---|---|---|
|
CTO
3001
CTO Realty Growth
CTO
$811M
| $641K | ﹤0.01% |
28,986
+8,529
| +42% | +$176K |
|
3002
SPX Corp
SPXC
$11B
| $641K | ﹤0.01% |
12,972
+1,283
| +11% | +$66.4K |
|
3003
Protolabs
PRLB
$2.11B
| $640K | ﹤0.01% |
12,102
-1,171
| -9% | -$61.6K |
|
3004
Parsons
PSN
$5.14B
| $640K | ﹤0.01% |
16,531
+3,292
| +25% | +$112K |
|
|
FSFG
3005
DELISTED
First Savings Financial Group
FSFG
| $639K | ﹤0.01% |
26,059
+135
| +0.5% | +$3.52K |
|
|
RWT
3006
Redwood Trust
RWT
$575M
| $639K | ﹤0.01% |
60,657
+4,671
| +8% | +$53.2K |
|
|
MAXR
3007
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $639K | ﹤0.01% |
16,198
+3,742
| +30% | +$114K |
|
3008
PUT
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $636K | ﹤0.01% |
+8,000
| New | +$628K |
|
3009
Franklin Emerging Market Core Dividend Tilt Index ETF
DIEM
$75.9M
| $635K | ﹤0.01% |
22,696
-4,095
| -15% | -$120K |
|
3010
Franklin Municipal Green Bond ETF
FLMB
$74.9M
| $635K | ﹤0.01% |
25,394
+4,720
| +23% | +$123K |
|
3011
Synaptics
SYNA
$4.11B
| $634K | ﹤0.01% |
3,176
+123
| +4% | +$27.3K |
|
|
FT
3012
Franklin Universal Trust
FT
$199M
| $633K | ﹤0.01% |
78,146
+5,102
| +7% | +$41.7K |
|
3013
Northwest Bancshares
NWBI
$2.34B
| $633K | ﹤0.01% |
46,824
-5,142
| -10% | -$72.6K |
|
3014
Mueller Industries
MLI
$15.3B
| $632K | ﹤0.01% |
46,692
+20,656
| +79% | +$292K |
|
3015
Mayville Engineering Co
MEC
$664M
| $630K | ﹤0.01% |
67,215
+200
| +0.3% | +$2.27K |
|
|
ETX
3016
Eaton Vance Municipal Income 2028 Term Trust
ETX
$198M
| $629K | ﹤0.01% |
30,805
+9,577
| +45% | +$198K |
|
3017
Comfort Systems
FIX
$63.4B
| $629K | ﹤0.01% |
7,072
+217
| +3% | +$19.5K |
|
3018
Franklin FTSE Canada ETF
FLCA
$825M
| $629K | ﹤0.01% |
17,307
-666
| -4% | -$23.1K |
|
3019
Inspire International ETF
WWJD
$572M
| $629K | ﹤0.01% |
21,257
-3,860
| -15% | -$115K |
|
3020
NMI Holdings
NMIH
$3.35B
| $628K | ﹤0.01% |
30,467
+4,538
| +18% | +$106K |
|
|
NEE.PRQ
3021
DELISTED
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
| $628K | ﹤0.01% |
11,950
-500
| -4% | -$25.8K |
|
3022
Ohio Valley Banc Corp
OVBC
$202M
| $627K | ﹤0.01% |
20,913
-4,000
| -16% | -$121K |
|
3023
Paylocity
PCTY
$7.78B
| $627K | ﹤0.01% |
3,047
-2,411
| -44% | -$488K |
|
3024
Installed Building Products
IBP
$6.49B
| $624K | ﹤0.01% |
7,676
+2,354
| +44% | +$249K |
|
|
HMHC
3025
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $623K | ﹤0.01% |
29,640
+12,804
| +76% | +$241K |
|
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.