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 | |
|---|---|---|---|---|---|---|
3301
US Gold Corp
USAU
$214M
| $489K | ﹤0.01% |
54,470
-6,486
| -11% | -$63.6K |
|
3302
Signet Jewelers
SIG
$3.61B
| $488K | ﹤0.01% |
5,611
+1,323
| +31% | +$122K |
|
3303
Li Auto
LI
$13.4B
| $487K | ﹤0.01% |
15,173
+1,617
| +12% | +$49.9K |
|
|
BTEC
3304
DELISTED
Principal Exchange-Traded Funds Principal Healthcare Innovators ETF
BTEC
| $487K | ﹤0.01% |
10,298
-5,041
| -33% | -$260K |
|
|
EMFM
3305
DELISTED
Global X MSCI Next Emerging & Frontier ETF
EMFM
| $487K | ﹤0.01% |
23,814
+2,209
| +10% | +$46K |
|
3306
Popular Inc
BPOP
$11.2B
| $485K | ﹤0.01% |
5,916
-668
| -10% | -$54.2K |
|
|
CRON
3307
Cronos Group
CRON
$1.06B
| $485K | ﹤0.01% |
123,645
+8,577
| +7% | +$42.9K |
|
|
PLXP
3308
DELISTED
PLx Pharma Inc. Common Stock
PLXP
| $485K | ﹤0.01% |
+60,550
| New | +$710K |
|
3309
Genasys
GNSS
$76.1M
| $484K | ﹤0.01% |
121,520
| – | – |
|
|
BBSA
3310
DELISTED
JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF
BBSA
| $483K | ﹤0.01% |
+9,520
| New | +$487K |
|
3311
Graphic Packaging
GPK
$3.17B
| $482K | ﹤0.01% |
24,699
-30,147
| -55% | -$603K |
|
3312
Hillman Solutions
HLMN
$1.54B
| $482K | ﹤0.01% |
44,869
-3,033
| -6% | -$32.6K |
|
|
HONE
3313
DELISTED
HarborOne Bancorp
HONE
| $480K | ﹤0.01% |
32,323
+103
| +0.3% | +$1.5K |
|
|
ROOF
3314
DELISTED
NYLI CBRE NextGen Real Estate ETF
ROOF
| $480K | ﹤0.01% |
18,028
-227
| -1% | -$6.03K |
|
|
GLU
3315
Gabelli Utility & Income Trust
GLU
$114M
| $479K | ﹤0.01% |
22,745
+2,060
| +10% | +$41.7K |
|
3316
Madison Square Garden
MSGS
$9.48B
| $479K | ﹤0.01% |
2,757
+89
| +3% | +$16.2K |
|
|
EFC
3317
Ellington Financial
EFC
$1.67B
| $478K | ﹤0.01% |
27,987
+14,060
| +101% | +$250K |
|
3318
Arcosa
ACA
$7.13B
| $477K | ﹤0.01% |
9,058
+194
| +2% | +$10.4K |
|
3319
Skywest
SKYW
$4.24B
| $477K | ﹤0.01% |
12,137
-1,369
| -10% | -$61.2K |
|
|
BLDP
3320
Ballard Power Systems
BLDP
$805M
| $476K | ﹤0.01% |
37,934
-6,576
| -15% | -$99.4K |
|
3321
RGC Resources
RGCO
$223M
| $476K | ﹤0.01% |
20,700
+9,804
| +90% | +$218K |
|
3322
Invesco S&P SmallCap Financials ETF
PSCF
$27.5M
| $475K | ﹤0.01% |
7,747
-51
| -0.7% | -$3.1K |
|
3323
National Health Investors
NHI
$3.72B
| $474K | ﹤0.01% |
8,242
+1,589
| +24% | +$87.9K |
|
3324
Vornado Realty Trust
VNO
$7.41B
| $473K | ﹤0.01% |
11,288
+799
| +8% | +$34.5K |
|
3325
Chesapeake Utilities
CPK
$3.19B
| $472K | ﹤0.01% |
3,235
+987
| +44% | +$131K |
|
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.