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 | |
|---|---|---|---|---|---|---|
501
United Rentals
URI
$67.2B
| $30.5M | 0.03% |
85,754
-2,403
| -3% | -$785K |
|
502
Broadridge
BR
$17.8B
| $30.4M | 0.03% |
195,275
+12,999
| +7% | +$1.99M |
|
503
Simon Property Group
SPG
$74.4B
| $30.4M | 0.03% |
230,791
+16,067
| +7% | +$2.29M |
|
504
Amplify CWP Enhanced Dividend Income ETF
DIVO
$7.5B
| $30.3M | 0.03% |
808,918
+327,366
| +68% | +$12.1M |
|
505
Lam Research
LRCX
$367B
| $30.1M | 0.03% |
558,950
-100,290
| -15% | -$5.84M |
|
506
First Trust Municipal High Income ETF
FMHI
$987M
| $30M | 0.03% |
586,744
-85,912
| -13% | -$4.62M |
|
507
iShares MSCI Canada ETF
EWC
$6.13B
| $30M | 0.03% |
746,497
+481,975
| +182% | +$18.6M |
|
508
Vanguard Industrials ETF
VIS
$8.1B
| $30M | 0.03% |
154,286
-238
| -0.2% | -$45.8K |
|
509
Booking.com
BKNG
$149B
| $30M | 0.03% |
319,225
+10,850
| +4% | +$1.01M |
|
510
Invesco Solar ETF
TAN
$1.42B
| $29.9M | 0.03% |
396,636
-24,041
| -6% | -$1.66M |
|
511
Invesco Senior Loan ETF
BKLN
$6.97B
| $29.8M | 0.03% |
1,366,832
-222,234
| -14% | -$4.86M |
|
512
Quadratic Interest Rate Volatility and Inflation Hedge ETF
IVOL
$274M
| $29.7M | 0.03% |
1,160,144
-239,057
| -17% | -$6.28M |
|
|
DOCU
513
DocuSign
DOCU
$10.5B
| $29.6M | 0.03% |
276,164
-70,593
| -20% | -$8.1M |
|
514
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.09B
| $29.5M | 0.03% |
1,071,116
-19,132
| -2% | -$551K |
|
515
iShares Global Clean Energy ETF
ICLN
$2.31B
| $29.5M | 0.03% |
1,371,819
-389,654
| -22% | -$7.63M |
|
516
iShares MSCI Japan ETF
EWJ
$21.9B
| $29.5M | 0.03% |
478,688
-102,836
| -18% | -$6.53M |
|
517
Schwab International Equity ETF
SCHF
$66.6B
| $29.5M | 0.03% |
1,605,578
-47,456
| -3% | -$882K |
|
|
IBDP
518
DELISTED
iShares iBonds Dec 2024 Term Corporate ETF
IBDP
| $29.5M | 0.03% |
1,174,027
+57,905
| +5% | +$1.48M |
|
519
WisdomTree US High Dividend Fund
DHS
$1.56B
| $29.5M | 0.03% |
334,381
+158,527
| +90% | +$13.5M |
|
520
Invesco Dow Jones Industrial Average Dividend ETF
DJD
$482M
| $29.4M | 0.03% |
639,061
-7,643
| -1% | -$348K |
|
521
Invesco Aerospace & Defense ETF
PPA
$8.24B
| $29.3M | 0.03% |
373,609
+145,372
| +64% | +$10.8M |
|
522
Schwab US Broad Market ETF
SCHB
$43.2B
| $29.2M | 0.03% |
1,642,566
-181,728
| -10% | -$3.19M |
|
523
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.11B
| $29.2M | 0.03% |
602,102
+24,274
| +4% | +$1.2M |
|
524
Global X US Preferred ETF
PFFD
$2.15B
| $29.1M | 0.03% |
1,238,902
-547,353
| -31% | -$13.1M |
|
525
Nuveen ESG Large-Cap Growth ETF
NULG
$2.67B
| $29.1M | 0.03% |
478,382
+65,314
| +16% | +$3.89M |
|
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.