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 | |
|---|---|---|---|---|---|---|
3301
Comstock Resources
CRK
$3.91B
| $439K | ﹤0.01% |
33,642
+4,221
| +14% | +$37.6K |
|
3302
PROG Holdings
PRG
$1.83B
| $439K | ﹤0.01% |
15,260
+1,330
| +10% | +$47K |
|
3303
VanEck Oil Refiners ETF
CRAK
$240M
| $438K | ﹤0.01% |
+14,570
| New | +$418K |
|
|
NTUS
3304
DELISTED
Natus Medical Inc
NTUS
| $437K | ﹤0.01% |
16,642
+720
| +5% | +$17.6K |
|
3305
Asana
ASAN
$2.02B
| $436K | ﹤0.01% |
10,905
+787
| +8% | +$41K |
|
3306
Invesco S&P SmallCap Financials ETF
PSCF
$28M
| $436K | ﹤0.01% |
7,500
-247
| -3% | -$14.6K |
|
3307
Corsair Gaming
CRSR
$1.22B
| $435K | ﹤0.01% |
20,576
-324
| -2% | -$6.76K |
|
|
EVM
3308
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
| $435K | ﹤0.01% |
43,310
-5,431
| -11% | -$57.6K |
|
3309
Genpact
G
$6.07B
| $435K | ﹤0.01% |
10,000
-735
| -7% | -$34.1K |
|
|
ALE
3310
DELISTED
Allete
ALE
| $434K | ﹤0.01% |
6,486
+372
| +6% | +$23.9K |
|
|
RGT
3311
Royce Global Value Trust
RGT
$101M
| $434K | ﹤0.01% |
38,233
+6,758
| +21% | +$78.2K |
|
3312
Chesapeake Utilities
CPK
$3.19B
| $433K | ﹤0.01% |
3,142
-93
| -3% | -$12.5K |
|
3313
Utz Brands
UTZ
$1.25B
| $431K | ﹤0.01% |
29,180
+451
| +2% | +$7.05K |
|
3314
Global X Variable Rate Preferred ETF
PFFV
$304M
| $429K | ﹤0.01% |
+16,443
| New | +$434K |
|
|
COUP
3315
DELISTED
Coupa Software Incorporated
COUP
| $428K | ﹤0.01% |
4,215
-2,983
| -41% | -$361K |
|
3316
Atkore
ATKR
$3.16B
| $427K | ﹤0.01% |
4,342
+1,831
| +73% | +$190K |
|
3317
Axsome Therapeutics
AXSM
$10.9B
| $427K | ﹤0.01% |
10,311
-1,984
| -16% | -$61.5K |
|
3318
iShares Currency Hedged MSCI Emerging Markets
HEEM
$284M
| $425K | ﹤0.01% |
15,451
+68
| +0.4% | +$1.95K |
|
3319
Energy Fuels
UUUU
$3.21B
| $425K | ﹤0.01% |
46,422
-131,438
| -74% | -$1.02M |
|
3320
BlueLinx
BXC
$502M
| $424K | ﹤0.01% |
5,902
-3,130
| -35% | -$256K |
|
|
BGFV
3321
DELISTED
Big 5 Sporting Goods
BGFV
| $422K | ﹤0.01% |
24,635
+3,052
| +14% | +$54.4K |
|
3322
First Financial Bancorp
FFBC
$3.62B
| $422K | ﹤0.01% |
18,320
+2,265
| +14% | +$56.3K |
|
3323
Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
$362M
| $422K | ﹤0.01% |
12,237
-1,832
| -13% | -$64.2K |
|
|
EVBN
3324
DELISTED
Evans Bancorp Inc
EVBN
| $422K | ﹤0.01% |
11,111
+450
| +4% | +$18.2K |
|
3325
First Trust Switzerland AlphaDEX Fund
FSZ
$37.3M
| $421K | ﹤0.01% |
6,507
-8,198
| -56% | -$537K |
|
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.