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 | |
|---|---|---|---|---|---|---|
3651
Duluth Holdings
DLTH
$155M
| $313K | ﹤0.01% |
20,595
+3,570
| +21% | +$53.9K |
|
3652
Simulations Plus
SLP
$369M
| $313K | ﹤0.01% |
6,608
-367
| -5% | -$17.3K |
|
|
JNCE
3653
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $313K | ﹤0.01% |
37,435
-250
| -0.7% | -$2.06K |
|
3654
WisdomTree Japan SmallCap Dividend Fund
DFJ
$385M
| $311K | ﹤0.01% |
4,363
+781
| +22% | +$57.2K |
|
|
PDCE
3655
DELISTED
PDC Energy, Inc.
PDCE
| $311K | ﹤0.01% |
6,374
+576
| +10% | +$29.6K |
|
3656
Ranpak Holdings
PACK
$439M
| $310K | ﹤0.01% |
+8,259
| New | +$292K |
|
|
PINE
3657
Alpine Income Property Trust
PINE
$333M
| $310K | ﹤0.01% |
15,492
+2,579
| +20% | +$48.2K |
|
3658
GoPro
GPRO
$130M
| $309K | ﹤0.01% |
29,935
-2,185
| -7% | -$21.7K |
|
|
CVAC
3659
DELISTED
CureVac
CVAC
| $308K | ﹤0.01% |
+8,966
| New | +$361K |
|
3660
Fossil Group
FOSL
$293M
| $308K | ﹤0.01% |
29,888
-1,595
| -5% | -$19.3K |
|
3661
Royalty Pharma
RPRX
$25.9B
| $308K | ﹤0.01% |
+7,720
| New | +$300K |
|
3662
Ziff Davis
ZD
$1.96B
| $308K | ﹤0.01% |
2,780
-1,132
| -29% | -$134K |
|
3663
Norwood Financial Corp
NWFL
$370M
| $307K | ﹤0.01% |
11,831
-185
| -2% | -$4.85K |
|
|
OPTU
3664
Optimum Communications Inc
OPTU
$298M
| $306K | ﹤0.01% |
18,884
-2,277
| -11% | -$38.6K |
|
|
AJRD
3665
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $306K | ﹤0.01% |
6,549
+160
| +3% | +$7.04K |
|
|
HDRO
3666
DELISTED
Defiance Next Gen H2 ETF
HDRO
| $305K | ﹤0.01% |
+1,992
| New | +$346K |
|
3667
Brighthouse Financial
BHF
$3.56B
| $304K | ﹤0.01% |
5,863
+417
| +8% | +$21.3K |
|
3668
O-I Glass
OI
$1.1B
| $304K | ﹤0.01% |
25,240
-3,594
| -12% | -$45.5K |
|
|
PDCO
3669
DELISTED
Patterson Companies, Inc.
PDCO
| $304K | ﹤0.01% |
10,352
+503
| +5% | +$15.7K |
|
|
BSBE
3670
DELISTED
Invesco BulletShares 2022 USD Emerging Markets Debt ETF
BSBE
| $304K | ﹤0.01% |
+11,930
| New | +$305K |
|
3671
First Hawaiian
FHB
$3.38B
| $303K | ﹤0.01% |
11,092
+2,119
| +24% | +$59.1K |
|
|
SEM
3672
DELISTED
Select Medical
SEM
| $303K | ﹤0.01% |
19,117
-505
| -3% | -$8.62K |
|
|
ARDC
3673
Are Dynamic Credit Allocation Fund
ARDC
$297M
| $301K | ﹤0.01% |
18,417
+2,600
| +16% | +$41.7K |
|
3674
Horizon Technology Finance
HRZN
$295M
| $301K | ﹤0.01% |
18,894
+2,000
| +12% | +$33.8K |
|
3675
Innospec
IOSP
$2.12B
| $301K | ﹤0.01% |
3,328
+323
| +11% | +$28.5K |
|
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.