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 | |
|---|---|---|---|---|---|---|
676
VanEck Junior Gold Miners ETF
GDXJ
$6.89B
| $19.8M | 0.02% |
423,208
+34,572
| +9% | +$1.49M |
|
677
Invesco S&P Ultra Dividend Revenue ETF
RDIV
$1.38B
| $19.6M | 0.02% |
447,987
-3,563
| -0.8% | -$151K |
|
678
Vanguard FTSE Europe ETF
VGK
$30.7B
| $19.5M | 0.02% |
313,502
-22,278
| -7% | -$1.43M |
|
679
TC Energy
TRP
$70.2B
| $19.5M | 0.02% |
345,591
+23,999
| +7% | +$1.26M |
|
680
Cleveland-Cliffs
CLF
$6.57B
| $19.5M | 0.02% |
604,243
-129,226
| -18% | -$2.94M |
|
681
Pacer Trendpilot US Mid Cap ETF
PTMC
$392M
| $19.4M | 0.02% |
561,690
+4,603
| +0.8% | +$161K |
|
682
iShares CMBS ETF
CMBS
$474M
| $19.3M | 0.02% |
387,186
-3,973
| -1% | -$204K |
|
683
Johnson Controls International
JCI
$88.8B
| $19.3M | 0.02% |
294,147
-3,645
| -1% | -$251K |
|
684
Yum! Brands
YUM
$41.8B
| $19.3M | 0.02% |
162,691
-1,101
| -0.7% | -$136K |
|
685
Travelers Companies
TRV
$78.1B
| $19.2M | 0.02% |
105,196
+9,442
| +10% | +$1.62M |
|
686
iShares US Utilities ETF
IDU
$1.35B
| $19.2M | 0.02% |
211,130
+8,139
| +4% | +$692K |
|
687
Nuveen ESG Large-Cap Value ETF
NULV
$2.19B
| $19.1M | 0.02% |
503,282
+109,145
| +28% | +$4.1M |
|
688
GSK
GSK
$104B
| $19.1M | 0.02% |
350,126
+3,367
| +1% | +$183K |
|
689
Invesco Zacks Mid-Cap ETF
CZA
$190M
| $19.1M | 0.02% |
200,482
+10,495
| +6% | +$967K |
|
690
PIMCO Corporate & Income Opportunity Fund
PTY
$2.48B
| $18.9M | 0.02% |
1,229,680
-16,242
| -1% | -$250K |
|
691
Monster Beverage
MNST
$94.3B
| $18.7M | 0.02% |
466,882
+58,070
| +14% | +$2.44M |
|
692
First Trust Horizon Managed Volatility Domestic ETF
HUSV
$75.9M
| $18.7M | 0.02% |
536,973
+13,361
| +3% | +$453K |
|
693
Kroger
KR
$35.4B
| $18.7M | 0.02% |
325,168
+37,477
| +13% | +$1.86M |
|
694
Goldman Sachs Access High Yield Corporate Bond ETF
GHYB
$134M
| $18.6M | 0.02% |
394,336
-113,606
| -22% | -$5.43M |
|
695
Monolithic Power Systems
MPWR
$70.1B
| $18.6M | 0.02% |
38,300
+3,230
| +9% | +$1.41M |
|
696
KKR & Co
KKR
$91.1B
| $18.6M | 0.02% |
317,925
+4,124
| +1% | +$260K |
|
697
First Trust Developed Markets ex-US AlphaDEX Fund
FDT
$1.26B
| $18.6M | 0.02% |
321,343
+64,214
| +25% | +$3.73M |
|
698
Labcorp
LH
$25B
| $18.5M | 0.02% |
81,701
-14,371
| -15% | -$3.38M |
|
699
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.28B
| $18.4M | 0.02% |
635,608
-154,213
| -20% | -$4.59M |
|
|
QQQH
700
NEOS Nasdaq-100 Hedged Equity Income ETF
QQQH
$375M
| $18.4M | 0.02% |
374,682
+33,701
| +10% | +$1.7M |
|
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.