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 | |
|---|---|---|---|---|---|---|
3401
Opendoor
OPEN
$4.03B
| $375K | ﹤0.01% |
44,778
-7,310
| -14% | -$68K |
|
3402
RenaissanceRe
RNR
$13.4B
| $375K | ﹤0.01% |
2,365
-154
| -6% | -$23.9K |
|
|
JBTM
3403
JBT Marel
JBTM
$6.83B
| $375K | ﹤0.01% |
3,164
-186
| -6% | -$23.8K |
|
|
HTO
3404
H2O America
HTO
$2.57B
| $374K | ﹤0.01% |
5,375
+764
| +17% | +$51.4K |
|
|
JHMS
3405
DELISTED
John Hancock Multifactor Consumer Staples ETF
JHMS
| $374K | ﹤0.01% |
+9,896
| New | +$365K |
|
|
TPH
3406
DELISTED
Tri Pointe Homes
TPH
| $373K | ﹤0.01% |
+18,555
| New | +$431K |
|
3407
Energizer
ENR
$1.45B
| $372K | ﹤0.01% |
12,095
+6,854
| +131% | +$238K |
|
3408
BCB Bancorp
BCBP
$161M
| $371K | ﹤0.01% |
+20,333
| New | +$355K |
|
|
MOON
3409
DELISTED
Direxion Moonshot Innovators ETF
MOON
| $371K | ﹤0.01% |
18,516
-14,328
| -44% | -$296K |
|
3410
Madrigal Pharmaceuticals
MDGL
$11.7B
| $370K | ﹤0.01% |
+3,768
| New | +$318K |
|
3411
Minerals Technologies
MTX
$2.31B
| $370K | ﹤0.01% |
5,599
+84
| +2% | +$5.81K |
|
3412
APi Group
APG
$17.8B
| $369K | ﹤0.01% |
26,337
+2,289
| +10% | +$33.6K |
|
3413
Park National Corp
PRK
$3.73B
| $369K | ﹤0.01% |
2,810
-1,000
| -26% | -$135K |
|
3414
Varonis Systems
VRNS
$4.9B
| $369K | ﹤0.01% |
7,755
-6,733
| -46% | -$276K |
|
3415
Black Stone Minerals
BSM
$3.17B
| $368K | ﹤0.01% |
27,346
+5,006
| +22% | +$59.7K |
|
3416
Bit Digital
BTBT
$488M
| $368K | ﹤0.01% |
102,338
+13,206
| +15% | +$55.5K |
|
3417
Invesco S&P SmallCap Industrials ETF
PSCI
$195M
| $368K | ﹤0.01% |
3,987
-711
| -15% | -$65.3K |
|
3418
Paysafe
PSFE
$407M
| $368K | ﹤0.01% |
9,055
+3,157
| +54% | +$130K |
|
|
MFV
3419
DELISTED
MFS SPECIAL VALUE TRUST
MFV
| $368K | ﹤0.01% |
58,025
+1,240
| +2% | +$7.74K |
|
|
SCD
3420
LMP Capital and Income Fund
SCD
$358M
| $367K | ﹤0.01% |
25,074
| – | – |
|
3421
Invesco S&P SmallCap Consumer Discretionary ETF
PSCD
$24.1M
| $366K | ﹤0.01% |
3,953
-1,130
| -22% | -$113K |
|
|
RTLR
3422
DELISTED
Rattler Midstream LP Common Units
RTLR
| $366K | ﹤0.01% |
26,215
-5,467
| -17% | -$71K |
|
|
IAF
3423
abrdn Australia Equity Fund
IAF
$125M
| $365K | ﹤0.01% |
19,355
+6,119
| +46% | +$106K |
|
3424
NewtekOne
NEWT
$441M
| $365K | ﹤0.01% |
13,663
-12,241
| -47% | -$330K |
|
3425
Brink's
BCO
$4.8B
| $364K | ﹤0.01% |
5,349
+321
| +6% | +$22K |
|
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.