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 Morningstar 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 | |
|---|---|---|---|---|---|---|
|
LHCG
3201
DELISTED
LHC Group LLC
LHCG
| $546K | ﹤0.01% |
3,982
-1,711
| -30% | -$234K |
|
3202
AngloGold Ashanti
AU
$40.1B
| $544K | ﹤0.01% |
25,942
+1,350
| +5% | +$26.3K |
|
3203
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
$770M
| $544K | ﹤0.01% |
14,956
-178
| -1% | -$6.33K |
|
3204
SouthState Bank Corp
SSB
$10.2B
| $544K | ﹤0.01% |
6,790
+970
| +17% | +$77.1K |
|
|
ACP
3205
abrdn Income Credit Strategies Fund
ACP
$635M
| $543K | ﹤0.01% |
53,358
+5,756
| +12% | +$62.8K |
|
3206
Bit Digital
BTBT
$463M
| $542K | ﹤0.01% |
89,132
+7,308
| +9% | +$69.9K |
|
3207
BlackRock Floating Rate Income Strategies Fund
FRA
$383M
| $542K | ﹤0.01% |
40,339
-355
| -0.9% | -$4.8K |
|
|
VBTX
3208
DELISTED
Veritex Holdings
VBTX
| $541K | ﹤0.01% |
+13,609
| New | +$551K |
|
|
DM
3209
DELISTED
Desktop Metal, Inc.
DM
| $540K | ﹤0.01% |
10,909
+3,419
| +46% | +$230K |
|
|
SRCL
3210
DELISTED
Stericycle Inc
SRCL
| $540K | ﹤0.01% |
9,056
-1,490
| -14% | -$93.3K |
|
|
MMU
3211
Western Asset Managed Municipals Fund
MMU
$548M
| $538K | ﹤0.01% |
41,165
+15,848
| +63% | +$209K |
|
3212
T. Rowe Price Dividend Growth ETF
TDVG
$1.42B
| $538K | ﹤0.01% |
15,208
-1,318
| -8% | -$44.6K |
|
|
RESD
3213
DELISTED
WisdomTree International ESG Fund
RESD
| $538K | ﹤0.01% |
17,165
+7,696
| +81% | +$239K |
|
3214
BOK Financial
BOKF
$8.58B
| $537K | ﹤0.01% |
5,092
+516
| +11% | +$53K |
|
3215
Virtus Private Credit Strategy ETF
VPC
$30.3M
| $537K | ﹤0.01% |
21,121
-3,869
| -15% | -$99.5K |
|
3216
Achieve Life Sciences
ACHV
$659M
| $536K | ﹤0.01% |
68,950
-3,050
| -4% | -$24K |
|
3217
SM Energy
SM
$7.8B
| $536K | ﹤0.01% |
18,195
+4,895
| +37% | +$153K |
|
|
PTRS
3218
DELISTED
Partners Bancorp Common Stock
PTRS
| $536K | ﹤0.01% |
54,660
| – | – |
|
3219
Hecla Mining
HL
$9.47B
| $535K | ﹤0.01% |
102,583
-6,178
| -6% | -$34.5K |
|
|
NXRT
3220
NexPoint Residential Trust
NXRT
$666M
| $535K | ﹤0.01% |
6,386
+327
| +5% | +$24.2K |
|
|
DFTX
3221
Definium Therapeutics
DFTX
$5.78B
| $534K | ﹤0.01% |
25,814
+22,888
| +782% | +$731K |
|
3222
Xtrackers MSCI Emerging Markets Hedged Equity ETF
DBEM
$106M
| $533K | ﹤0.01% |
20,132
-287
| -1% | -$7.79K |
|
|
SII
3223
Sprott
SII
$2.66B
| $533K | ﹤0.01% |
11,816
+2,162
| +22% | +$91.4K |
|
3224
Tenable Holdings
TENB
$3.6B
| $533K | ﹤0.01% |
9,682
+3,770
| +64% | +$195K |
|
3225
Hayward Holdings
HAYW
$3.21B
| $532K | ﹤0.01% |
20,285
+4,632
| +30% | +$112K |
|
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.