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 | |
|---|---|---|---|---|---|---|
3376
Skywest
SKYW
$4.54B
| $389K | ﹤0.01% |
13,479
+1,342
| +11% | +$43.8K |
|
|
HYB
3377
DELISTED
New America High Income Fund, Inc.
HYB
| $389K | ﹤0.01% |
47,949
-549,391
| -92% | -$4.65M |
|
|
NATI
3378
DELISTED
National Instruments Corp
NATI
| $388K | ﹤0.01% |
9,559
+4,497
| +89% | +$182K |
|
3379
PVH
PVH
$4.07B
| $387K | ﹤0.01% |
5,047
-2,842
| -36% | -$263K |
|
|
VTLE
3380
DELISTED
Vital Energy
VTLE
| $387K | ﹤0.01% |
4,889
+1,182
| +32% | +$85.7K |
|
3381
Prosperity Bancshares
PB
$9.05B
| $385K | ﹤0.01% |
5,556
+1,929
| +53% | +$142K |
|
3382
Resideo Technologies
REZI
$4B
| $385K | ﹤0.01% |
16,157
-2,728
| -14% | -$68.5K |
|
3383
SiTime
SITM
$17.5B
| $384K | ﹤0.01% |
1,551
+124
| +9% | +$26.9K |
|
3384
ABM Industries
ABM
$2.89B
| $382K | ﹤0.01% |
+8,289
| New | +$361K |
|
3385
Vontier
VNT
$4.75B
| $381K | ﹤0.01% |
15,020
-1,358
| -8% | -$35.9K |
|
3386
BioLife Solutions
BLFS
$1.57B
| $380K | ﹤0.01% |
16,726
+6,734
| +67% | +$177K |
|
3387
AGF US Market Neutral Anti-Beta Fund
BTAL
$297M
| $380K | ﹤0.01% |
+20,723
| New | +$382K |
|
3388
iShares MSCI Netherlands ETF
EWN
$635M
| $379K | ﹤0.01% |
8,953
-3,758
| -30% | -$168K |
|
|
MAG
3389
DELISTED
MAG Silver
MAG
| $379K | ﹤0.01% |
+23,449
| New | +$373K |
|
3390
Mueller Water Products
MWA
$4.15B
| $379K | ﹤0.01% |
29,302
-2,986
| -9% | -$38.5K |
|
|
HEP
3391
DELISTED
Holly Energy Partners, L.P.
HEP
| $379K | ﹤0.01% |
21,438
-1,420
| -6% | -$25.2K |
|
|
CNR
3392
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $379K | ﹤0.01% |
15,580
+5,500
| +55% | +$109K |
|
3393
Nutanix
NTNX
$16.6B
| $378K | ﹤0.01% |
14,103
-685
| -5% | -$18.4K |
|
3394
Universal Corp
UVV
$1.31B
| $378K | ﹤0.01% |
6,503
+58
| +0.9% | +$3.19K |
|
|
BLDP
3395
Ballard Power Systems
BLDP
$835M
| $377K | ﹤0.01% |
32,412
-5,522
| -15% | -$58.8K |
|
|
APPH
3396
DELISTED
AppHarvest, Inc. Common Stock
APPH
| $377K | ﹤0.01% |
70,178
+654
| +0.9% | +$2.71K |
|
3397
Grand Canyon Education
LOPE
$3.9B
| $376K | ﹤0.01% |
3,876
+381
| +11% | +$33.4K |
|
|
MTOR
3398
DELISTED
MERITOR, Inc.
MTOR
| $376K | ﹤0.01% |
10,562
+1
| +0% | +$30 |
|
3399
CarGurus
CARG
$3.35B
| $375K | ﹤0.01% |
+8,838
| New | +$325K |
|
|
CMU
3400
DELISTED
MFS High Yield Municipal Trust
CMU
| $375K | ﹤0.01% |
96,821
+25,297
| +35% | +$105K |
|
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.