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 | |
|---|---|---|---|---|---|---|
801
Conagra Brands
CAG
$6.94B
| $14.4M | 0.01% |
429,520
+155,733
| +57% | +$5.31M |
|
802
Pacer Industrial Real Estate ETF
INDS
$118M
| $14.4M | 0.01% |
283,501
-55,292
| -16% | -$2.74M |
|
803
iShares Morningstar US Equity ETF
ILCB
$1.27B
| $14.4M | 0.01% |
229,128
-6,676
| -3% | -$413K |
|
804
BHP
BHP
$215B
| $14.3M | 0.01% |
207,114
+89,948
| +77% | +$5.46M |
|
805
International Paper
IP
$21.6B
| $14.3M | 0.01% |
309,096
-4,562
| -1% | -$210K |
|
806
iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SUSB
$1.3B
| $14.2M | 0.01% |
578,297
+77,698
| +16% | +$1.95M |
|
807
Vanguard Long-Term Treasury ETF
VGLT
$10B
| $14.2M | 0.01% |
176,397
-725,519
| -80% | -$60.6M |
|
808
Global X MLP ETF
MLPA
$2.3B
| $14.2M | 0.01% |
351,561
+83,803
| +31% | +$3.26M |
|
809
Invesco Variable Rate Investment Grade ETF
VRIG
$1.8B
| $14.2M | 0.01% |
568,213
+89,705
| +19% | +$2.24M |
|
810
PGIM Ultra Short Bond ETF
PULS
$17.7B
| $14.1M | 0.01% |
286,910
+141,950
| +98% | +$7M |
|
811
Roku
ROKU
$21.5B
| $14.1M | 0.01% |
112,678
-9,615
| -8% | -$1.41M |
|
812
Invesco NASDAQ Internet ETF
PNQI
$528M
| $14.1M | 0.01% |
417,240
+29,630
| +8% | +$1.05M |
|
813
State Street Fixed Income Sector Rotation ETF
FISR
$488M
| $14.1M | 0.01% |
487,756
-181,672
| -27% | -$5.39M |
|
814
iShares Russell Top 200 ETF
IWL
$2.19B
| $14M | 0.01% |
129,902
+78,865
| +155% | +$8.41M |
|
815
MongoDB
MDB
$27.1B
| $14M | 0.01% |
31,637
+2,040
| +7% | +$798K |
|
816
Baxter International
BAX
$13.5B
| $14M | 0.01% |
180,809
-331
| -0.2% | -$27.7K |
|
817
Invesco Bloomberg Pricing Power ETF
POWA
$178M
| $14M | 0.01% |
198,644
-51,190
| -20% | -$3.53M |
|
818
Bio-Rad Laboratories Class A
BIO
$8.71B
| $14M | 0.01% |
24,773
+799
| +3% | +$482K |
|
819
Welltower
WELL
$169B
| $13.9M | 0.01% |
144,416
+12,598
| +10% | +$1.09M |
|
820
Invesco KBW Bank ETF
KBWB
$6.84B
| $13.8M | 0.01% |
217,031
+134,915
| +164% | +$9.35M |
|
821
Dollar Tree
DLTR
$24.4B
| $13.8M | 0.01% |
86,103
-3,418
| -4% | -$483K |
|
822
Builders FirstSource
BLDR
$7.15B
| $13.8M | 0.01% |
213,574
-108,879
| -34% | -$7.9M |
|
823
iShares US Basic Materials ETF
IYM
$1.12B
| $13.8M | 0.01% |
92,084
+3,777
| +4% | +$522K |
|
|
X
824
DELISTED
US Steel
X
| $13.8M | 0.01% |
364,862
-11,390
| -3% | -$308K |
|
825
VanEck Merk Gold Trust
OUNZ
$2.51B
| $13.7M | 0.01% |
727,545
+293,099
| +67% | +$5.35M |
|
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.