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 | |
|---|---|---|---|---|---|---|
|
PARA
476
DELISTED
Paramount Global Class B
PARA
| $33.9M | 0.03% |
897,543
+37,658
| +4% | +$1.28M |
|
477
First Trust Consumer Discretionary AlphaDEX Fund
FXD
$275M
| $33.9M | 0.03% |
621,826
-39,229
| -6% | -$2.23M |
|
478
Aflac
AFL
$64.7B
| $33.7M | 0.03% |
523,110
+29,126
| +6% | +$1.82M |
|
479
iShares California Muni Bond ETF
CMF
$4.59B
| $33.5M | 0.03% |
576,194
-40,915
| -7% | -$2.46M |
|
480
First Trust Mid Cap Growth AlphaDEX Fund
FNY
$584M
| $33.5M | 0.03% |
502,606
-79,174
| -14% | -$5.24M |
|
481
TE Connectivity
TEL
$59.2B
| $33.2M | 0.03% |
253,495
+13,426
| +6% | +$1.92M |
|
482
Citigroup
C
$221B
| $33.1M | 0.03% |
619,276
-57,574
| -9% | -$3.56M |
|
483
Norfolk Southern
NSC
$75.4B
| $33M | 0.03% |
115,653
+15,563
| +16% | +$4.29M |
|
484
Edwards Lifesciences
EW
$50.6B
| $32.6M | 0.03% |
276,919
-8,440
| -3% | -$947K |
|
485
Linde
LIN
$223B
| $32.6M | 0.03% |
101,980
+12,933
| +15% | +$4M |
|
486
General Motors
GM
$80.3B
| $32.5M | 0.03% |
743,931
+4,892
| +0.7% | +$244K |
|
487
Uber
UBER
$145B
| $32.5M | 0.03% |
910,979
-36,661
| -4% | -$1.32M |
|
488
First Trust Long/Short Equity ETF
FTLS
$2.47B
| $32.2M | 0.03% |
635,835
+97,152
| +18% | +$4.89M |
|
489
Enterprise Products Partners
EPD
$81.8B
| $32M | 0.03% |
1,241,655
+58,410
| +5% | +$1.42M |
|
|
UFOX
490
Defiance Space and Connective Tech ETF
UFOX
$841M
| $32M | 0.03% |
851,755
-193,801
| -19% | -$7.36M |
|
491
iShares Core Conservative Allocation ETF
AOK
$791M
| $31.7M | 0.03% |
842,817
+3,957
| +0.5% | +$152K |
|
492
S&P Global
SPGI
$122B
| $31.5M | 0.03% |
76,718
+34,336
| +81% | +$14M |
|
493
Goldman Sachs Access Inflation Protected USD Bond ETF
GTIP
$295M
| $31.4M | 0.03% |
557,065
-84,553
| -13% | -$4.82M |
|
494
Strategy Shares Nasdaq 7HANDL Index ETF
HNDL
$633M
| $31.3M | 0.03% |
1,298,662
+208,112
| +19% | +$5.06M |
|
495
Invesco Large Cap Value ETF
PWV
$1.71B
| $31.3M | 0.03% |
640,281
+86,278
| +16% | +$4.19M |
|
496
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.71B
| $31M | 0.03% |
207,938
-57,520
| -22% | -$8.51M |
|
497
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.12B
| $31M | 0.03% |
646,972
-744,879
| -54% | -$37.1M |
|
498
US Global Jets ETF
JETS
$803M
| $31M | 0.03% |
1,423,251
-521,372
| -27% | -$11M |
|
499
VanEck Oil Services ETF
OIH
$1.9B
| $30.8M | 0.03% |
108,950
+17,604
| +19% | +$4.32M |
|
500
Pacer Data & Infrastructure Real Estate ETF
SRVR
$374M
| $30.5M | 0.03% |
780,608
-24,302
| -3% | -$912K |
|
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.