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 | |
|---|---|---|---|---|---|---|
526
ASML
ASML
$626B
| $28.9M | 0.02% |
43,281
-1,595
| -4% | -$1.07M |
|
527
PIMCO Dynamic Income Fund
PDI
$7.39B
| $28.8M | 0.02% |
1,183,569
+136,486
| +13% | +$3.36M |
|
528
Invesco 0-5 Yr US TIPS ETF
PBTP
$106M
| $28.7M | 0.02% |
1,095,375
+721,550
| +193% | +$19M |
|
529
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.79B
| $28.7M | 0.02% |
456,887
+323,229
| +242% | +$18.9M |
|
530
First Trust Dow 30 Equal Weight ETF
EDOW
$315M
| $28.6M | 0.02% |
923,012
+32,420
| +4% | +$1M |
|
531
WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund
AGZD
$131M
| $28.2M | 0.02% |
1,216,552
+430,198
| +55% | +$9.99M |
|
532
Invesco DB Agriculture Fund
DBA
$1.23B
| $28.2M | 0.02% |
1,289,160
+384,083
| +42% | +$8.05M |
|
533
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.4B
| $28.2M | 0.02% |
507,312
+30,128
| +6% | +$1.65M |
|
534
EOG Resources
EOG
$79.2B
| $28.2M | 0.02% |
236,311
+74,252
| +46% | +$8.27M |
|
535
State Street SPDR S&P 1500 Momentum Tilt ETF
MMTM
$159M
| $28.2M | 0.02% |
145,471
+484
| +0.3% | +$92.1K |
|
536
iShares Morningstar Mid-Cap ETF
IMCB
$1.65B
| $28M | 0.02% |
416,359
+43,829
| +12% | +$2.92M |
|
537
Tyson Foods
TSN
$20.4B
| $27.9M | 0.02% |
311,515
+21,749
| +8% | +$1.98M |
|
538
Alcoa
AA
$11.9B
| $27.9M | 0.02% |
309,356
+208,781
| +208% | +$15.2M |
|
539
BP
BP
$116B
| $27.8M | 0.02% |
946,767
-3,404
| -0.4% | -$104K |
|
540
Invesco S&P 500 Downside Hedged ETF
PHDG
$73.7M
| $27.8M | 0.02% |
767,973
+156,028
| +25% | +$5.73M |
|
541
Invesco Water Resources ETF
PHO
$2.01B
| $27.7M | 0.02% |
522,625
+37,142
| +8% | +$1.97M |
|
542
iShares Select U.S. REIT ETF
ICF
$2.09B
| $27.5M | 0.02% |
387,235
-46,752
| -11% | -$3.22M |
|
543
MetLife
MET
$61.9B
| $27.4M | 0.02% |
390,125
-57,561
| -13% | -$3.89M |
|
544
Vanguard S&P Small-Cap 600 ETF
VIOO
$4.15B
| $27.3M | 0.02% |
275,408
+6,938
| +3% | +$686K |
|
545
Diageo
DEO
$49B
| $27.2M | 0.02% |
133,998
+18,206
| +16% | +$3.65M |
|
546
Fidelity National Information Services
FIS
$23.1B
| $27.2M | 0.02% |
270,145
+29,387
| +12% | +$3.07M |
|
547
Xcel Energy
XEL
$48.8B
| $27.2M | 0.02% |
376,354
+17,142
| +5% | +$1.18M |
|
548
Airbnb
ABNB
$89.9B
| $27.1M | 0.02% |
157,786
-6,079
| -4% | -$968K |
|
549
American Water Works
AWK
$26.7B
| $27.1M | 0.02% |
163,628
+3,171
| +2% | +$502K |
|
550
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.49B
| $27M | 0.02% |
932,110
-4,920
| -0.5% | -$143K |
|
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.