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 | |
|---|---|---|---|---|---|---|
3251
Middlesex Water
MSEX
$1.09B
| $471K | ﹤0.01% |
4,482
-312
| -7% | -$31.8K |
|
3252
Civeo
CVEO
$338M
| $469K | ﹤0.01% |
19,876
+1,600
| +9% | +$35.3K |
|
|
FFWM
3253
DELISTED
First Foundation Inc
FFWM
| $469K | ﹤0.01% |
19,289
+4,977
| +35% | +$129K |
|
3254
Avantis Core Fixed Income ETF
AVIG
$1.96B
| $468K | ﹤0.01% |
10,325
-3,670
| -26% | -$172K |
|
|
DISCK
3255
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $468K | ﹤0.01% |
18,732
+1,267
| +7% | +$34.4K |
|
|
CCMP
3256
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $468K | ﹤0.01% |
2,524
-1,131
| -31% | -$209K |
|
3257
Alliance Resource Partners
ARLP
$3.31B
| $466K | ﹤0.01% |
30,171
| – | – |
|
|
AIRC
3258
DELISTED
Apartment Income REIT Corp.
AIRC
| $466K | ﹤0.01% |
+8,726
| New | +$460K |
|
|
LTRPA
3259
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $466K | ﹤0.01% |
227,186
+39,442
| +21% | +$83.6K |
|
3260
RLJ Lodging Trust
RLJ
$1.89B
| $465K | ﹤0.01% |
32,992
+680
| +2% | +$9.56K |
|
3261
Horizon Bancorp
HBNC
$1.06B
| $463K | ﹤0.01% |
24,818
-16,680
| -40% | -$346K |
|
3262
Alamos Gold
AGI
$12B
| $462K | ﹤0.01% |
54,879
+10,942
| +25% | +$82.4K |
|
3263
BWX Technologies
BWXT
$15.8B
| $462K | ﹤0.01% |
8,574
+1,256
| +17% | +$61.8K |
|
3264
ALPS International Sector Dividend Dogs ETF
IDOG
$555M
| $462K | ﹤0.01% |
16,406
+1,231
| +8% | +$35K |
|
3265
Invesco Municipal Trust
VKQ
$542M
| $462K | ﹤0.01% |
40,134
+7,194
| +22% | +$85.9K |
|
3266
CONMED
CNMD
$1.51B
| $460K | ﹤0.01% |
3,093
+28
| +0.9% | +$3.91K |
|
3267
Hycroft Mining Holding Corp
HYMC
$2.08B
| $460K | ﹤0.01% |
+19,998
| New | +$149K |
|
3268
Intrepid Potash
IPI
$456M
| $460K | ﹤0.01% |
+5,600
| New | +$309K |
|
3269
WisdomTree Emerging Markets Local Debt Fund
ELD
$142M
| $459K | ﹤0.01% |
16,404
+5,793
| +55% | +$168K |
|
|
XWEB
3270
DELISTED
SPDR S&P Internet ETF
XWEB
| $459K | ﹤0.01% |
3,995
-1,747
| -30% | -$211K |
|
3271
Calix
CALX
$2.49B
| $456K | ﹤0.01% |
10,618
+1,297
| +14% | +$65.6K |
|
|
EEA
3272
European Equity Fund
EEA
$76.1M
| $456K | ﹤0.01% |
49,719
-8,841
| -15% | -$84.2K |
|
3273
Glaukos
GKOS
$10.1B
| $456K | ﹤0.01% |
7,886
+1,644
| +26% | +$87K |
|
3274
Centrus Energy
LEU
$3.72B
| $456K | ﹤0.01% |
+13,533
| New | +$568K |
|
|
JHI
3275
John Hancock Investors Trust
JHI
$117M
| $453K | ﹤0.01% |
26,970
+3,795
| +16% | +$64.3K |
|
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.