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 | |
|---|---|---|---|---|---|---|
3226
Transocean
RIG
$5.78B
| $488K | ﹤0.01% |
106,793
+38,442
| +56% | +$146K |
|
3227
Simmons First National
SFNC
$3.48B
| $486K | ﹤0.01% |
18,554
-1,060
| -5% | -$30.6K |
|
|
BWIN
3228
Baldwin Insurance Group
BWIN
$2.79B
| $486K | ﹤0.01% |
18,129
-967
| -5% | -$27.9K |
|
3229
Coty
COTY
$2.56B
| $485K | ﹤0.01% |
53,948
+19,105
| +55% | +$170K |
|
3230
Rimini Street
RMNI
$459M
| $485K | ﹤0.01% |
83,669
+26,500
| +46% | +$139K |
|
3231
Valvoline
VVV
$5.01B
| $485K | ﹤0.01% |
15,361
+2,835
| +23% | +$92.6K |
|
|
CCEC
3232
Capital Clean Energy Carriers
CCEC
$1.35B
| $485K | ﹤0.01% |
26,582
+972
| +4% | +$15.4K |
|
|
PTRS
3233
DELISTED
Partners Bancorp Common Stock
PTRS
| $485K | ﹤0.01% |
52,675
-1,985
| -4% | -$19.8K |
|
3234
iShares Currency Hedged MSCI ACWI ex US ETF
HAWX
$352M
| $484K | ﹤0.01% |
15,564
-1,898
| -11% | -$59.5K |
|
3235
Nuveen Enhanced Yield US Aggregate Bond ETF
NUAG
$95.1M
| $484K | ﹤0.01% |
21,102
+4,666
| +28% | +$110K |
|
3236
Innovator US Equity Buffer ETF July
BJUL
$353M
| $482K | ﹤0.01% |
14,600
-223
| -2% | -$7.22K |
|
3237
Global X Emerging Markets Bond ETF
EMBD
$249M
| $482K | ﹤0.01% |
20,105
+10,030
| +100% | +$245K |
|
3238
MaxLinear
MXL
$6.6B
| $482K | ﹤0.01% |
8,255
-1,717
| -17% | -$105K |
|
|
CMRC
3239
Commerce.com Inc Series 1
CMRC
$269M
| $480K | ﹤0.01% |
21,897
+1,253
| +6% | +$33.6K |
|
3240
NovaGold Resources
NG
$2.78B
| $479K | ﹤0.01% |
61,924
+36,339
| +142% | +$256K |
|
3241
Babcock & Wilcox
BW
$1.51B
| $478K | ﹤0.01% |
58,590
-1,893
| -3% | -$14.8K |
|
|
PML
3242
PIMCO Municipal Income Fund II
PML
$486M
| $475K | ﹤0.01% |
41,332
+3,003
| +8% | +$39.4K |
|
|
ROOF
3243
DELISTED
NYLI CBRE NextGen Real Estate ETF
ROOF
| $475K | ﹤0.01% |
18,057
+29
| +0.2% | +$742 |
|
|
PFL
3244
PIMCO Income Strategy Fund
PFL
$384M
| $474K | ﹤0.01% |
46,479
+150
| +0.3% | +$1.55K |
|
|
AJRD
3245
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $473K | ﹤0.01% |
12,022
+5,473
| +84% | +$218K |
|
|
COOP
3246
DELISTED
Mr. Cooper
COOP
| $472K | ﹤0.01% |
10,340
-7,952
| -43% | -$362K |
|
3247
TTM Technologies
TTMI
$13.8B
| $472K | ﹤0.01% |
31,845
+2,600
| +9% | +$35.7K |
|
3248
Invesco BulletShares 2028 Municipal Bond ETF
BSMS
$311M
| $471K | ﹤0.01% |
19,433
+8,873
| +84% | +$224K |
|
|
IMOS
3249
ChipMOS TECHNOLOGIES
IMOS
$1.82B
| $471K | ﹤0.01% |
13,265
-2,653
| -17% | -$92.3K |
|
3250
KNOT Offshore Partners
KNOP
$363M
| $471K | ﹤0.01% |
27,870
-245
| -0.9% | -$3.78K |
|
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.