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 | |
|---|---|---|---|---|---|---|
551
PNC Financial Services
PNC
$99.7B
| $26.9M | 0.02% |
145,851
+23,925
| +20% | +$4.84M |
|
552
WisdomTree US Total Dividend Fund
DTD
$1.65B
| $26.8M | 0.02% |
414,724
-120,493
| -23% | -$7.67M |
|
553
First Trust S&P REIT Index Fund
FRI
$189M
| $26.7M | 0.02% |
855,077
-44,421
| -5% | -$1.34M |
|
554
Phillips 66
PSX
$84.9B
| $26.7M | 0.02% |
308,644
+13,508
| +5% | +$1.14M |
|
555
Vanguard S&P Mid-Cap 400 ETF
IVOO
$3.71B
| $26.6M | 0.02% |
292,284
+2,662
| +0.9% | +$240K |
|
556
Invesco Large Cap Growth ETF
PWB
$2.29B
| $26.5M | 0.02% |
367,317
+30,376
| +9% | +$2.17M |
|
557
First Trust Dorsey Wright Dynamic Focus 5 ETF
FVC
$104M
| $26.5M | 0.02% |
722,614
-24,230
| -3% | -$883K |
|
558
Cencora
COR
$60.6B
| $26.4M | 0.02% |
170,953
+28,632
| +20% | +$4.05M |
|
|
GRID
559
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
$11.5B
| $26.3M | 0.02% |
279,077
-10,758
| -4% | -$995K |
|
560
iShares MSCI KLD 400 Social ETF
DSI
$5.3B
| $26.2M | 0.02% |
302,593
+11,241
| +4% | +$964K |
|
561
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.22B
| $26.1M | 0.02% |
1,048,863
+56,021
| +6% | +$1.46M |
|
562
National Grid
NGG
$80.4B
| $26.1M | 0.02% |
377,144
+17,826
| +5% | +$1.18M |
|
563
Regeneron Pharmaceuticals
REGN
$78.5B
| $26.1M | 0.02% |
37,340
-1,569
| -4% | -$993K |
|
564
Invesco Dorsey Wright Momentum ETF
PDP
$1.46B
| $26M | 0.02% |
320,801
-62,094
| -16% | -$5.04M |
|
565
iShares Morningstar Value ETF
ILCV
$1.32B
| $26M | 0.02% |
378,581
-1,391
| -0.4% | -$94.3K |
|
566
State Street SPDR MSCI EAFE StrategicFactors ETF
QEFA
$1.06B
| $26M | 0.02% |
359,616
-63,180
| -15% | -$4.62M |
|
567
iShares MSCI Sweden ETF
EWD
$546M
| $25.9M | 0.02% |
667,899
+555,520
| +494% | +$22.6M |
|
568
Idexx Laboratories
IDXX
$44.1B
| $25.9M | 0.02% |
47,417
-5,759
| -11% | -$3.03M |
|
569
NXP Semiconductors
NXPI
$57.8B
| $25.9M | 0.02% |
139,970
-13,865
| -9% | -$2.73M |
|
570
Global X MLP & Energy Infrastructure ETF
MLPX
$3.61B
| $25.6M | 0.02% |
600,271
+56,630
| +10% | +$2.23M |
|
571
iShares Ultra Short Duration Bond Active ETF
ICSH
$8.07B
| $25.6M | 0.02% |
511,294
-9,597
| -2% | -$482K |
|
572
Intercontinental Exchange
ICE
$85.6B
| $25.6M | 0.02% |
193,990
+17,832
| +10% | +$2.3M |
|
573
CME Group
CME
$96.3B
| $25.5M | 0.02% |
107,255
+40,544
| +61% | +$9.52M |
|
574
Fidelity MSCI Information Technology Index ETF
FTEC
$19.8B
| $25.5M | 0.02% |
207,261
-15,695
| -7% | -$1.9M |
|
575
Southwest Airlines
LUV
$22B
| $25.5M | 0.02% |
555,992
-19,328
| -3% | -$850K |
|
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.