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 | |
|---|---|---|---|---|---|---|
3051
Trustmark
TRMK
$2.8B
| $596K | ﹤0.01% |
19,596
-1,077
| -5% | -$34.9K |
|
3052
Fox Class A
FOXA
$24.6B
| $594K | ﹤0.01% |
15,066
-925
| -6% | -$37.5K |
|
3053
NOV
NOV
$6.94B
| $594K | ﹤0.01% |
30,303
+709
| +2% | +$12.4K |
|
|
EQIN
3054
Columbia U.S. Equity Income ETF
EQIN
$312M
| $594K | ﹤0.01% |
15,326
+6,485
| +73% | +$250K |
|
|
GOOD
3055
Gladstone Commercial Corp
GOOD
$604M
| $593K | ﹤0.01% |
26,943
+216
| +0.8% | +$4.85K |
|
|
RIV
3056
RiverNorth Opportunities Fund
RIV
$311M
| $593K | ﹤0.01% |
37,135
-53,832
| -59% | -$864K |
|
|
NEWR
3057
DELISTED
New Relic, Inc.
NEWR
| $592K | ﹤0.01% |
8,845
+963
| +12% | +$78.8K |
|
3058
Schwab Fundamental International Small Company Index ETF
FNDC
$3.12B
| $591K | ﹤0.01% |
16,705
-554
| -3% | -$19.9K |
|
|
PDO
3059
PIMCO Dynamic Income Opportunities Fund
PDO
$1.86B
| $591K | ﹤0.01% |
34,756
-2,429
| -7% | -$43.3K |
|
3060
PennantPark Floating Rate Capital
PFLT
$709M
| $591K | ﹤0.01% |
43,714
+8,762
| +25% | +$115K |
|
3061
FlexShares US Quality Large Cap Index Fund
QLC
$1.04B
| $590K | ﹤0.01% |
11,794
-3,009
| -20% | -$149K |
|
3062
Boot Barn
BOOT
$4.8B
| $589K | ﹤0.01% |
6,214
+345
| +6% | +$32.7K |
|
3063
ProShares MSCI Europe Dividend Growers ETF
EUDV
$8.51M
| $588K | ﹤0.01% |
12,127
+4,983
| +70% | +$243K |
|
3064
KB Home
KBH
$3.45B
| $588K | ﹤0.01% |
18,152
+469
| +3% | +$18.5K |
|
3065
Insight Enterprises
NSIT
$3.98B
| $588K | ﹤0.01% |
5,478
+188
| +4% | +$19.1K |
|
|
UCB
3066
United Community Banks
UCB
$4.29B
| $588K | ﹤0.01% |
16,887
+4,939
| +41% | +$182K |
|
|
PSMG
3067
DELISTED
Invesco Growth Multi-Asset Allocation ETF
PSMG
| $588K | ﹤0.01% |
32,109
+5,416
| +20% | +$98.8K |
|
|
EIM
3068
Eaton Vance Municipal Bond Fund
EIM
$492M
| $587K | ﹤0.01% |
51,046
-3,296
| -6% | -$40.3K |
|
3069
VanEck Green Bond ETF
GRNB
$185M
| $587K | ﹤0.01% |
23,495
+2,297
| +11% | +$59K |
|
3070
Associated Banc-Corp
ASB
$5.93B
| $585K | ﹤0.01% |
25,688
+909
| +4% | +$22K |
|
3071
AeroVironment
AVAV
$8.06B
| $584K | ﹤0.01% |
6,202
+92
| +2% | +$6.37K |
|
3072
ITT
ITT
$17.7B
| $584K | ﹤0.01% |
7,771
+483
| +7% | +$42.6K |
|
3073
Middleby
MIDD
$6.14B
| $584K | ﹤0.01% |
3,563
+363
| +11% | +$65.9K |
|
3074
Teucrium Agricultural Fund
TAGS
$19M
| $584K | ﹤0.01% |
17,965
+10,100
| +128% | +$301K |
|
|
SII
3075
Sprott
SII
$2.7B
| $583K | ﹤0.01% |
11,607
-209
| -2% | -$8.66K |
|
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.