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 | |
|---|---|---|---|---|---|---|
3551
LendingTree
TREE
$448M
| $306K | ﹤0.01% |
2,554
+716
| +39% | +$84.7K |
|
3552
WisdomTree Japan SmallCap Dividend Fund
DFJ
$383M
| $305K | ﹤0.01% |
4,631
+268
| +6% | +$18.6K |
|
3553
Innospec
IOSP
$2.11B
| $305K | ﹤0.01% |
3,296
-32
| -1% | -$3.03K |
|
3554
Westamerica Bancorp
WABC
$1.39B
| $305K | ﹤0.01% |
5,036
-1,225
| -20% | -$73.1K |
|
3555
Erie Indemnity
ERIE
$12.4B
| $303K | ﹤0.01% |
1,722
+7
| +0.4% | +$1.26K |
|
|
CTT
3556
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $303K | ﹤0.01% |
36,995
-1,066
| -3% | -$8.74K |
|
3557
Kodak
KODK
$828M
| $302K | ﹤0.01% |
46,044
-6,471
| -12% | -$30.7K |
|
3558
Hartford Multifactor Emerging Markets ETF
ROAM
$106M
| $302K | ﹤0.01% |
12,977
-247
| -2% | -$5.85K |
|
3559
Advantage Solutions
ADV
$527M
| $300K | ﹤0.01% |
1,879
+208
| +12% | +$36K |
|
3560
PUT
NVIDIA
NVDA
$5.01T
| $300K | ﹤0.01% |
+11,000
| New | +$276K |
|
3561
BGSF Inc
BGSF
$61.1M
| $299K | ﹤0.01% |
22,696
-188
| -0.8% | -$2.6K |
|
3562
ProShares UltraPro QQQ
TQQQ
$34.6B
| $299K | ﹤0.01% |
10,292
+560
| +6% | +$16.1K |
|
3563
Cosan
CSAN
$3.19B
| $298K | ﹤0.01% |
15,039
-289
| -2% | -$4.91K |
|
3564
IPG Photonics
IPGP
$3.7B
| $298K | ﹤0.01% |
2,715
-378
| -12% | -$52K |
|
|
JPXN
3565
iShares JPX-Nikkei 400 ETF
JPXN
$135M
| $298K | ﹤0.01% |
4,575
+29
| +0.6% | +$1.95K |
|
|
SRV
3566
NXG Cushing Midstream Energy Fund
SRV
$219M
| $298K | ﹤0.01% |
8,548
+14
| +0.2% | +$459 |
|
3567
Vertex
VERX
$2.17B
| $298K | ﹤0.01% |
19,405
+5,011
| +35% | +$70.1K |
|
|
MDRX
3568
DELISTED
Veradigm Inc. Common Stock
MDRX
| $298K | ﹤0.01% |
+13,254
| New | +$269K |
|
3569
Invesco Pennsylvania Value Municipal Income Trust
VPV
$193M
| $297K | ﹤0.01% |
25,459
+1,085
| +4% | +$13.5K |
|
|
MODN
3570
DELISTED
MODEL N, INC.
MODN
| $297K | ﹤0.01% |
11,052
-859
| -7% | -$22.4K |
|
|
CLRG
3571
DELISTED
IndexIQ ETF Trust IQ U.S. Large Cap ETF
CLRG
| $296K | ﹤0.01% |
+8,496
| New | +$291K |
|
3572
Nuveen Massachusetts Quality Municipal Income Fund
NMT
$129M
| $295K | ﹤0.01% |
23,185
-1,189
| -5% | -$16.6K |
|
3573
Invesco Golden Dragon China ETF
PGJ
$99M
| $295K | ﹤0.01% |
10,192
-6,945
| -41% | -$226K |
|
3574
UWM Holdings
UWMC
$651M
| $295K | ﹤0.01% |
65,103
-4,522
| -6% | -$21.8K |
|
3575
Grocery Outlet
GO
$964M
| $293K | ﹤0.01% |
8,947
-2,824
| -24% | -$78.8K |
|
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.