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 | |
|---|---|---|---|---|---|---|
626
State Street SPDR S&P 1500 Value Tilt ETF
VLU
$752M
| $22.4M | 0.02% |
144,475
+70,155
| +94% | +$10.7M |
|
627
Schwab Short-Term US Treasury ETF
SCHO
$12.8B
| $22.4M | 0.02% |
902,606
+462,500
| +105% | +$11.6M |
|
628
Nutrien
NTR
$33.2B
| $22.2M | 0.02% |
213,761
+40,939
| +24% | +$3.39M |
|
629
Public Storage
PSA
$60.5B
| $22.2M | 0.02% |
56,787
-2,657
| -4% | -$964K |
|
630
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$505M
| $22.2M | 0.02% |
236,885
-31,066
| -12% | -$2.9M |
|
631
ROBO Global Robotics & Automation Index ETF
ROBO
$1.96B
| $22.1M | 0.02% |
379,586
-12,640
| -3% | -$769K |
|
632
Alcon
ALC
$33.6B
| $22.1M | 0.02% |
278,754
+13,760
| +5% | +$1.06M |
|
633
Hewlett Packard
HPE
$63.4B
| $22.1M | 0.02% |
1,322,829
+82,018
| +7% | +$1.38M |
|
634
Moody's
MCO
$82.8B
| $22.1M | 0.02% |
65,466
-411
| -0.6% | -$138K |
|
635
Allstate
ALL
$68B
| $22.1M | 0.02% |
159,319
+11,133
| +8% | +$1.4M |
|
636
Public Service Enterprise Group
PEG
$38.2B
| $22M | 0.02% |
314,670
+24,821
| +9% | +$1.64M |
|
637
Invesco S&P 500 GARP ETF
SPGP
$2.25B
| $21.9M | 0.02% |
240,187
+139,393
| +138% | +$12.6M |
|
638
iShares MSCI Australia ETF
EWA
$1.39B
| $21.8M | 0.02% |
824,782
+459,795
| +126% | +$11.2M |
|
639
First Trust Small Cap Growth AlphaDEX Fund
FYC
$1.26B
| $21.7M | 0.02% |
317,845
-98,460
| -24% | -$6.61M |
|
640
Sherwin-Williams
SHW
$82.7B
| $21.6M | 0.02% |
86,579
+1,942
| +2% | +$536K |
|
641
Iron Mountain
IRM
$36.4B
| $21.5M | 0.02% |
388,785
-11,536
| -3% | -$549K |
|
642
State Street SPDR S&P Global Dividend ETF
WDIV
$277M
| $21.5M | 0.02% |
319,350
+279,915
| +710% | +$18.8M |
|
643
Invesco Leisure and Entertainment ETF
PEJ
$259M
| $21.4M | 0.02% |
438,793
-118,112
| -21% | -$5.61M |
|
644
Consolidated Edison
ED
$40.1B
| $21.4M | 0.02% |
225,738
+7,489
| +3% | +$647K |
|
645
State Street SPDR Dow Jones REIT ETF
RWR
$1.86B
| $21.3M | 0.02% |
181,771
-121,445
| -40% | -$13.8M |
|
646
MGM Resorts International
MGM
$11.4B
| $21.2M | 0.02% |
505,102
-29,774
| -6% | -$1.28M |
|
647
Invesco S&P 500 Equal Weight Materials ETF
RSPM
$183M
| $21.1M | 0.02% |
571,140
+223,965
| +65% | +$7.9M |
|
648
State Street SPDR Russell 1000 Yield Focus ETF
ONEY
$677M
| $21.1M | 0.02% |
207,570
+23,080
| +13% | +$2.3M |
|
649
Vanguard Materials ETF
VAW
$2.95B
| $21.1M | 0.02% |
108,476
-1,902
| -2% | -$356K |
|
650
W.W. Grainger
GWW
$65.3B
| $21M | 0.02% |
40,691
+2,359
| +6% | +$1.16M |
|
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.