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 | |
|---|---|---|---|---|---|---|
3226
IPG Photonics
IPGP
$3.61B
| $532K | ﹤0.01% |
3,093
+1,615
| +109% | +$267K |
|
3227
American Eagle Outfitters
AEO
$2.88B
| $531K | ﹤0.01% |
20,973
+4,016
| +24% | +$102K |
|
3228
Invesco CurrencyShares Japanese Yen Trust
FXY
$438M
| $531K | ﹤0.01% |
6,514
-21,423
| -77% | -$1.77M |
|
3229
Global X ClimateTech ETF
CTEC
$23.6M
| $530K | ﹤0.01% |
6,020
+656
| +12% | +$65K |
|
3230
WisdomTree New Economy Real Estate Fund
WTRE
$15.6M
| $530K | ﹤0.01% |
21,721
-464
| -2% | -$11.6K |
|
|
AMED
3231
DELISTED
Amedisys
AMED
| $529K | ﹤0.01% |
3,269
-36
| -1% | -$5.79K |
|
3232
Constellium
CSTM
$3.76B
| $529K | ﹤0.01% |
29,516
+87
| +0.3% | +$1.6K |
|
3233
Evolent Health
EVH
$348M
| $529K | ﹤0.01% |
19,105
+10,691
| +127% | +$307K |
|
3234
Hilltop Holdings
HTH
$2.26B
| $528K | ﹤0.01% |
15,026
+281
| +2% | +$9.88K |
|
3235
Vanguard US Momentum Factor ETF
VFMO
$1.77B
| $528K | ﹤0.01% |
3,963
+173
| +5% | +$23.3K |
|
|
EVA
3236
DELISTED
Enviva Inc.
EVA
| $528K | ﹤0.01% |
7,500
+1,457
| +24% | +$97.5K |
|
3237
Clean Energy Fuels
CLNE
$427M
| $527K | ﹤0.01% |
85,937
-12,537
| -13% | -$98.3K |
|
3238
Janus International
JBI
$700M
| $527K | ﹤0.01% |
42,095
+4,089
| +11% | +$52.2K |
|
3239
First Bancorp
FNLC
$396M
| $525K | ﹤0.01% |
16,727
-1,577
| -9% | -$47.9K |
|
|
MGI
3240
DELISTED
MoneyGram International, Inc. New
MGI
| $525K | ﹤0.01% |
66,515
+32,611
| +96% | +$224K |
|
3241
FNB Corp
FNB
$6.73B
| $524K | ﹤0.01% |
43,179
+698
| +2% | +$8.44K |
|
3242
Piper Sandler
PIPR
$5.12B
| $523K | ﹤0.01% |
11,716
+100
| +0.9% | +$4.25K |
|
3243
Park National Corp
PRK
$3.76B
| $523K | ﹤0.01% |
3,810
+925
| +32% | +$123K |
|
|
ERF
3244
DELISTED
Enerplus Corporation
ERF
| $522K | ﹤0.01% |
49,294
-8,047
| -14% | -$78K |
|
3245
CNO Financial Group
CNO
$5.14B
| $521K | ﹤0.01% |
21,843
-1,186
| -5% | -$29.1K |
|
|
AMJ
3246
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $521K | ﹤0.01% |
29,252
-5,137
| -15% | -$95K |
|
3247
Helmerich & Payne
HP
$3.45B
| $520K | ﹤0.01% |
21,947
-1,685
| -7% | -$48K |
|
|
BSMM
3248
DELISTED
Invesco BulletShares 2022 Municipal Bond ETF
BSMM
| $520K | ﹤0.01% |
20,499
-1,679
| -8% | -$42.6K |
|
3249
Cenovus Energy
CVE
$55.7B
| $519K | ﹤0.01% |
42,268
+25,196
| +148% | +$302K |
|
3250
TG Therapeutics
TGTX
$7.96B
| $519K | ﹤0.01% |
27,294
+461
| +2% | +$12K |
|
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.