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 | |
|---|---|---|---|---|---|---|
3151
DNOW Inc
DNOW
$2.63B
| $530K | ﹤0.01% |
48,031
-11,656
| -20% | -$113K |
|
3152
JPMorgan ActiveBuilders Emerging Markets Equity ETF
JEMA
$1.67B
| $530K | ﹤0.01% |
12,884
+347
| +3% | +$15.2K |
|
3153
JPMorgan USD Emerging Markets Sovereign Bond ETF
JPMB
$67.5M
| $529K | ﹤0.01% |
12,166
+4,479
| +58% | +$202K |
|
3154
Pegasystems
PEGA
$5.22B
| $529K | ﹤0.01% |
13,126
-824
| -6% | -$37K |
|
|
AVNS
3155
DELISTED
Avanos Medical
AVNS
| $528K | ﹤0.01% |
15,757
+6,382
| +68% | +$206K |
|
3156
CNO Financial Group
CNO
$5.14B
| $528K | ﹤0.01% |
21,037
-806
| -4% | -$20K |
|
|
MAV
3157
DELISTED
Pioneer Municipal High Income Advantage Fund
MAV
| $528K | ﹤0.01% |
53,757
+15,492
| +40% | +$164K |
|
|
ESHY
3158
DELISTED
Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF
ESHY
| $527K | ﹤0.01% |
26,451
-2,891
| -10% | -$58.4K |
|
3159
ProShares Long Online/Short Stores ETF
CLIX
$7.65M
| $525K | ﹤0.01% |
11,138
-3,649
| -25% | -$181K |
|
|
GHY
3160
PGIM Global High Yield Fund
GHY
$481M
| $525K | ﹤0.01% |
39,296
-7,401
| -16% | -$104K |
|
3161
Constellium
CSTM
$4.02B
| $524K | ﹤0.01% |
29,109
-407
| -1% | -$7.42K |
|
3162
Live Oak Bancshares
LOB
$2.02B
| $524K | ﹤0.01% |
10,293
-173
| -2% | -$11.1K |
|
3163
PUT
Microsoft
MSFT
$3.66T
| $524K | ﹤0.01% |
+1,700
| New | +$511K |
|
3164
Mattel
MAT
$4.32B
| $522K | ﹤0.01% |
23,484
-1,854
| -7% | -$42.4K |
|
3165
ProShares Ultra MidCap400
MVV
$161M
| $522K | ﹤0.01% |
+8,315
| New | +$516K |
|
3166
Terex
TEX
$7.55B
| $522K | ﹤0.01% |
14,641
-93
| -0.6% | -$3.85K |
|
|
HGLB
3167
Highland Global Allocation Fund
HGLB
$179M
| $521K | ﹤0.01% |
52,860
-70,706
| -57% | -$689K |
|
3168
BOK Financial
BOKF
$8.79B
| $520K | ﹤0.01% |
5,534
+442
| +9% | +$45.6K |
|
3169
Amplify Seymour Cannabis ETF
CNBS
$72.9M
| $519K | ﹤0.01% |
3,450
-472
| -12% | -$70K |
|
3170
Eagle Bancorp
EGBN
$865M
| $518K | ﹤0.01% |
9,338
+3,108
| +50% | +$186K |
|
|
SRCL
3171
DELISTED
Stericycle Inc
SRCL
| $518K | ﹤0.01% |
8,813
-243
| -3% | -$14.1K |
|
3172
Viemed Healthcare
VMD
$377M
| $517K | ﹤0.01% |
103,890
+23,100
| +29% | +$107K |
|
3173
Carter Bankshares
CARE
$792M
| $516K | ﹤0.01% |
29,708
| – | – |
|
3174
Chord Energy
CHRD
$7.71B
| $516K | ﹤0.01% |
3,526
+1,428
| +68% | +$198K |
|
|
CDK
3175
DELISTED
CDK Global, Inc.
CDK
| $516K | ﹤0.01% |
10,594
-394
| -4% | -$17.6K |
|
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.