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 | |
|---|---|---|---|---|---|---|
3376
PennantPark Floating Rate Capital
PFLT
$689M
| $446K | ﹤0.01% |
34,952
+42
| +0.1% | +$552 |
|
3377
First Commonwealth Financial
FCF
$2.18B
| $445K | ﹤0.01% |
27,665
+2,250
| +9% | +$34.1K |
|
3378
Parsons
PSN
$4.72B
| $445K | ﹤0.01% |
13,239
-3,317
| -20% | -$115K |
|
|
INSI
3379
DELISTED
Insight Select Income Fund
INSI
| $445K | ﹤0.01% |
19,824
-825
| -4% | -$17.9K |
|
3380
James Hardie Industries
JHX
$15.3B
| $444K | ﹤0.01% |
10,902
+877
| +9% | +$34.4K |
|
3381
Univest Financial
UVSP
$1.22B
| $444K | ﹤0.01% |
14,844
+7,368
| +99% | +$214K |
|
|
MRCC
3382
DELISTED
Monroe Capital Corp
MRCC
| $443K | ﹤0.01% |
39,469
+7,612
| +24% | +$82.6K |
|
3383
Nektar Therapeutics
NKTR
$2.39B
| $443K | ﹤0.01% |
2,184
+129
| +6% | +$28K |
|
3384
TriMas Corp
TRS
$1.43B
| $443K | ﹤0.01% |
12,124
+1,829
| +18% | +$63K |
|
|
MAV
3385
DELISTED
Pioneer Municipal High Income Advantage Fund
MAV
| $442K | ﹤0.01% |
38,265
+4,267
| +13% | +$50K |
|
|
PMX
3386
DELISTED
PIMCO Municipal Income Fund III
PMX
| $442K | ﹤0.01% |
34,678
-4,920
| -12% | -$60.8K |
|
3387
Invesco Municipal Trust
VKQ
$541M
| $442K | ﹤0.01% |
32,940
+5,244
| +19% | +$69.9K |
|
3388
Alarm.com
ALRM
$2.71B
| $441K | ﹤0.01% |
5,204
-579
| -10% | -$47.4K |
|
3389
Liberty Media Series A
FWONA
$22.5B
| $441K | ﹤0.01% |
7,764
+1,943
| +33% | +$100K |
|
3390
Penske Automotive Group
PAG
$14.3B
| $441K | ﹤0.01% |
4,115
+266
| +7% | +$27.8K |
|
3391
Corsair Gaming
CRSR
$1.13B
| $439K | ﹤0.01% |
20,900
-1,437
| -6% | -$34.4K |
|
3392
Franklin Electric
FELE
$4.63B
| $439K | ﹤0.01% |
4,646
+1,784
| +62% | +$160K |
|
3393
Hain Celestial
HAIN
$45M
| $438K | ﹤0.01% |
10,289
+522
| +5% | +$22.3K |
|
3394
Weatherford International
WFRD
$6.29B
| $438K | ﹤0.01% |
15,786
+17
| +0.1% | +$466 |
|
3395
BlackRock MuniAssets Fund
MUA
$509M
| $437K | ﹤0.01% |
29,433
+1,711
| +6% | +$26.4K |
|
3396
Pacira BioSciences
PCRX
$1.04B
| $436K | ﹤0.01% |
7,253
+1,033
| +17% | +$57K |
|
3397
TTM Technologies
TTMI
$12B
| $436K | ﹤0.01% |
29,245
-654
| -2% | -$9.11K |
|
3398
CONMED
CNMD
$1.39B
| $435K | ﹤0.01% |
3,065
+65
| +2% | +$9.21K |
|
|
MFA
3399
MFA Financial
MFA
$926M
| $434K | ﹤0.01% |
23,791
+5,143
| +28% | +$93.6K |
|
3400
Axalta
AXTA
$7.66B
| $433K | ﹤0.01% |
13,075
-6,356
| -33% | -$202K |
|
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.