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 | |
|---|---|---|---|---|---|---|
3751
Bain Capital Specialty
BCSF
$824M
| $230K | ﹤0.01% |
14,773
-505
| -3% | -$7.97K |
|
3752
PC Connection
CNXN
$2.16B
| $230K | ﹤0.01% |
+4,397
| New | +$208K |
|
3753
Virtus Investment Partners
VRTS
$1.13B
| $230K | ﹤0.01% |
958
+171
| +22% | +$43.2K |
|
|
PRVB
3754
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $230K | ﹤0.01% |
31,429
+1,177
| +4% | +$7.04K |
|
3755
ORIX
IX
$43.7B
| $229K | ﹤0.01% |
+11,455
| New | +$234K |
|
|
KREF
3756
KKR Real Estate Finance Trust
KREF
$465M
| $229K | ﹤0.01% |
11,122
-9,627
| -46% | -$202K |
|
|
PINC
3757
DELISTED
Premier
PINC
| $229K | ﹤0.01% |
+6,427
| New | +$239K |
|
3758
Sanmina
SANM
$10.4B
| $229K | ﹤0.01% |
+5,662
| New | +$225K |
|
3759
Vident US Bond Strategy ETF
VBND
$524M
| $229K | ﹤0.01% |
4,853
-215
| -4% | -$10.5K |
|
|
FRBK
3760
DELISTED
Republic First Bancorp Inc
FRBK
| $229K | ﹤0.01% |
44,416
+33,400
| +303% | +$161K |
|
|
AGD
3761
abrdn Global Dynamic Dividend Fund
AGD
$315M
| $228K | ﹤0.01% |
20,381
-1,135
| -5% | -$12.9K |
|
3762
Ouster
OUST
$2.86B
| $228K | ﹤0.01% |
5,072
+649
| +15% | +$24K |
|
3763
Mitsubishi UFJ Financial
MUFG
$254B
| $227K | ﹤0.01% |
36,601
-79,265
| -68% | -$493K |
|
3764
Veritone
VERI
$103M
| $227K | ﹤0.01% |
12,394
-156,949
| -93% | -$2.7M |
|
3765
Vanguard US Quality Factor ETF
VFQY
$485M
| $227K | ﹤0.01% |
+1,950
| New | +$227K |
|
|
BFK
3766
DELISTED
BlackRock Municipal Income Trust
BFK
| $226K | ﹤0.01% |
18,569
-672
| -3% | -$9.17K |
|
|
SDC
3767
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $226K | ﹤0.01% |
87,151
+6,200
| +8% | +$14.4K |
|
|
ELME
3768
Elme Communities
ELME
$146M
| $225K | ﹤0.01% |
8,824
-1,312
| -13% | -$32.3K |
|
3769
Truth Social America First ETF
MAGA
$31.4M
| $225K | ﹤0.01% |
+5,477
| New | +$216K |
|
3770
Terreno Realty
TRNO
$7.58B
| $225K | ﹤0.01% |
3,038
-340
| -10% | -$24.7K |
|
3771
Four Corners Property Trust
FCPT
$2.78B
| $224K | ﹤0.01% |
8,294
+477
| +6% | +$12.8K |
|
3772
Great Southern Bancorp
GSBC
$886M
| $224K | ﹤0.01% |
3,797
+19
| +0.5% | +$1.14K |
|
3773
ManpowerGroup
MAN
$2.52B
| $224K | ﹤0.01% |
2,380
+7
| +0.3% | +$713 |
|
|
RDUS
3774
DELISTED
Radius Recycling
RDUS
| $224K | ﹤0.01% |
4,320
-696
| -14% | -$31.5K |
|
3775
Talos Energy
TALO
$2.48B
| $224K | ﹤0.01% |
14,178
-1,469
| -9% | -$19.4K |
|
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.