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 | |
|---|---|---|---|---|---|---|
726
Atlassian
TEAM
$25.6B
| $17.6M | 0.02% |
59,764
-6,489
| -10% | -$1.94M |
|
727
Pacer Lunt Large Cap Alternator ETF
ALTL
$92.1M
| $17.5M | 0.02% |
390,797
+229,430
| +142% | +$10.1M |
|
728
DuPont de Nemours
DD
$18.5B
| $17.5M | 0.02% |
189,212
+13,606
| +8% | +$1.33M |
|
729
D.R. Horton
DHI
$40B
| $17.5M | 0.02% |
234,474
+9,654
| +4% | +$837K |
|
730
IQVIA
IQV
$38.7B
| $17.5M | 0.02% |
75,475
+5,883
| +8% | +$1.39M |
|
731
First Trust Mid Cap Value AlphaDEX Fund
FNK
$228M
| $17.4M | 0.01% |
372,184
+184,808
| +99% | +$8.57M |
|
732
Vanguard Russell 1000 ETF
VONE
$8.27B
| $17.3M | 0.01% |
83,554
-1,711
| -2% | -$349K |
|
733
Marriott International
MAR
$98.3B
| $17.3M | 0.01% |
98,399
+11,046
| +13% | +$1.84M |
|
734
iShares MSCI China ETF
MCHI
$6.32B
| $17.3M | 0.01% |
326,559
+9,691
| +3% | +$570K |
|
735
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.2B
| $17.2M | 0.01% |
138,966
+5,114
| +4% | +$642K |
|
|
MPT
736
Medical Properties Trust
MPT
$2.77B
| $17.2M | 0.01% |
813,279
+138,881
| +21% | +$2.99M |
|
737
HCA Healthcare
HCA
$87.2B
| $17M | 0.01% |
68,002
+1,286
| +2% | +$323K |
|
738
lululemon athletica
LULU
$13.5B
| $17M | 0.01% |
46,644
-2,061
| -4% | -$671K |
|
739
Cigna
CI
$73.7B
| $16.9M | 0.01% |
70,694
+7,066
| +11% | +$1.65M |
|
740
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$764M
| $16.9M | 0.01% |
552,030
+78,220
| +17% | +$2.34M |
|
741
Canadian Imperial Bank of Commerce
CM
$108B
| $16.9M | 0.01% |
277,972
+8,742
| +3% | +$552K |
|
742
Progressive
PGR
$123B
| $16.9M | 0.01% |
148,273
+12,449
| +9% | +$1.35M |
|
743
Ecolab
ECL
$78.1B
| $16.9M | 0.01% |
95,676
+5,843
| +7% | +$1.1M |
|
744
JPMorgan Ultra-Short Municipal Income ETF
JMST
$7.12B
| $16.8M | 0.01% |
332,079
+65,692
| +25% | +$3.34M |
|
745
Sea Limited
SE
$65.4B
| $16.8M | 0.01% |
139,961
+36,734
| +36% | +$5.18M |
|
746
First Trust SSI Strategic Convertible Securities ETF
FCVT
$113M
| $16.8M | 0.01% |
433,031
-27,252
| -6% | -$1.04M |
|
747
Corning
GLW
$119B
| $16.8M | 0.01% |
454,116
+27,047
| +6% | +$1.06M |
|
748
Xtrackers S&P 500 ESG ETF
SNPE
$2.63B
| $16.8M | 0.01% |
408,998
+69,192
| +20% | +$2.78M |
|
749
iShares Core 60/40 Balanced Allocation ETF
AOR
$3.66B
| $16.7M | 0.01% |
310,237
+100
| +0% | +$5.45K |
|
750
Etsy
ETSY
$7.75B
| $16.6M | 0.01% |
133,974
+24,927
| +23% | +$3.71M |
|
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.