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 | |
|---|---|---|---|---|---|---|
576
Micron Technology
MU
$930B
| $25.4M | 0.02% |
326,358
+7,963
| +3% | +$679K |
|
577
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.75B
| $25.3M | 0.02% |
236,083
-3,080
| -1% | -$327K |
|
578
TotalEnergies
TTE
$195B
| $25.3M | 0.02% |
499,795
+169,435
| +51% | +$9.17M |
|
579
WisdomTree International Hedged Quality Dividend Growth Fund
IHDG
$2.22B
| $25.2M | 0.02% |
587,894
+137,450
| +31% | +$5.89M |
|
580
Huntington Bancshares
HBAN
$34.4B
| $25.2M | 0.02% |
1,725,152
+311,600
| +22% | +$4.88M |
|
581
Amplify Cybersecurity ETF
HACK
$2.68B
| $25.2M | 0.02% |
429,444
-64,000
| -13% | -$3.6M |
|
|
IBDQ
582
DELISTED
iShares iBonds Dec 2025 Term Corporate ETF
IBDQ
| $25.1M | 0.02% |
994,764
+27,729
| +3% | +$715K |
|
|
BSCN
583
DELISTED
Invesco BulletShares 2023 Corporate Bond ETF
BSCN
| $25.1M | 0.02% |
1,190,063
+268,229
| +29% | +$5.7M |
|
584
VanEck BDC Income ETF
BIZD
$1.59B
| $24.8M | 0.02% |
1,384,978
+161,350
| +13% | +$2.83M |
|
585
Invesco S&P 500 Equal Weight Consumer Staples ETF
RSPS
$248M
| $24.7M | 0.02% |
729,805
-43,030
| -6% | -$1.45M |
|
586
Novartis
NVS
$297B
| $24.5M | 0.02% |
279,162
+28,646
| +11% | +$2.48M |
|
587
TJX Companies
TJX
$174B
| $24.4M | 0.02% |
403,184
+22,748
| +6% | +$1.52M |
|
588
First Trust Alternative Absolute Return Strategy ETF
FAAR
$192M
| $24.4M | 0.02% |
720,904
+478,938
| +198% | +$15.1M |
|
|
NVO
589
Novo Nordisk
NVO
$208B
| $24.4M | 0.02% |
439,288
+5,316
| +1% | +$273K |
|
|
PPL
590
PPL Corp
PPL
$26.5B
| $24.4M | 0.02% |
852,715
+29,310
| +4% | +$827K |
|
591
Invesco Semiconductors ETF
PSI
$2.29B
| $24.3M | 0.02% |
562,872
+30,768
| +6% | +$1.35M |
|
592
Ulta Beauty
ULTA
$22B
| $24.3M | 0.02% |
60,935
-6,309
| -9% | -$2.37M |
|
593
Analog Devices
ADI
$179B
| $24.3M | 0.02% |
146,902
+15,208
| +12% | +$2.46M |
|
594
Amplify Blockchain Technology ETF
BLOK
$1.08B
| $24.2M | 0.02% |
708,638
-67,001
| -9% | -$2.27M |
|
595
Newmont
NEM
$98.7B
| $24.1M | 0.02% |
303,772
+11,461
| +4% | +$775K |
|
596
Rockwell Automation
ROK
$53.4B
| $24.1M | 0.02% |
85,882
-1,726
| -2% | -$496K |
|
|
BXMX
597
DELISTED
Nuveen S&P 500 Buy-Write Income Fund
BXMX
| $24M | 0.02% |
1,687,452
+43,972
| +3% | +$616K |
|
598
Tractor Supply
TSCO
$16.1B
| $24M | 0.02% |
516,005
-53,740
| -9% | -$2.38M |
|
599
Vodafone
VOD
$36.3B
| $24M | 0.02% |
1,444,523
+124,690
| +9% | +$2.13M |
|
600
Constellation Brands
STZ
$22.2B
| $24M | 0.02% |
104,199
-10,505
| -9% | -$2.43M |
|
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.