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 | |
|---|---|---|---|---|---|---|
826
First Trust Short Duration Managed Municipal ETF
FSMB
$619M
| $13.7M | 0.01% |
680,016
+106,425
| +19% | +$2.18M |
|
827
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.15B
| $13.6M | 0.01% |
194,980
+41,657
| +27% | +$3.02M |
|
828
Advance Auto Parts
AAP
$3.35B
| $13.6M | 0.01% |
65,510
+8,781
| +15% | +$1.93M |
|
829
iShares MSCI South Africa ETF
EZA
$547M
| $13.6M | 0.01% |
244,757
+60,663
| +33% | +$3.12M |
|
830
ProShares Large Cap Core Plus
CSM
$518M
| $13.6M | 0.01% |
252,229
+1,141
| +0.5% | +$60.4K |
|
831
Schwab Fundamental International Large Company Index ETF
FNDF
$24.9B
| $13.5M | 0.01% |
419,764
+204,320
| +95% | +$6.66M |
|
832
Genuine Parts
GPC
$17.1B
| $13.5M | 0.01% |
107,214
-4,560
| -4% | -$590K |
|
833
State Street SPDR S&P Health Care Equipment ETF
XHE
$161M
| $13.5M | 0.01% |
120,568
-14,490
| -11% | -$1.54M |
|
834
First Trust Securitized Plus ETF
DEED
$79.8M
| $13.5M | 0.01% |
558,869
-59,499
| -10% | -$1.48M |
|
835
Invesco Variable Rate Preferred ETF
VRP
$2.98B
| $13.5M | 0.01% |
551,419
+82,812
| +18% | +$2.07M |
|
836
LyondellBasell Industries
LYB
$20B
| $13.5M | 0.01% |
130,986
+7,621
| +6% | +$760K |
|
837
Gabelli Equity Trust
GAB
$1.75B
| $13.5M | 0.01% |
1,942,183
+9,717
| +0.5% | +$67.8K |
|
|
DFS
838
DELISTED
Discover Financial Services
DFS
| $13.5M | 0.01% |
122,110
+5,480
| +5% | +$644K |
|
839
Annaly Capital Management
NLY
$17.1B
| $13.4M | 0.01% |
477,483
-153
| -0% | -$4.55K |
|
840
First Trust Multi Cap Growth AlphaDEX Fund
FAD
$560M
| $13.4M | 0.01% |
119,809
-19,162
| -14% | -$2.13M |
|
841
Global X SuperDividend US ETF
DIV
$780M
| $13.4M | 0.01% |
636,361
+62,654
| +11% | +$1.29M |
|
842
Invesco S&P SmallCap Momentum ETF
XSMO
$3B
| $13.4M | 0.01% |
258,392
+42,159
| +19% | +$2.18M |
|
843
Roblox
RBLX
$25.4B
| $13.4M | 0.01% |
289,980
+66,884
| +30% | +$4.04M |
|
844
AstraZeneca
AZN
$263B
| $13.4M | 0.01% |
100,804
-16,051
| -14% | -$1.92M |
|
845
WisdomTree US SmallCap Earnings Fund
EES
$719M
| $13.4M | 0.01% |
278,855
-497,622
| -64% | -$24.2M |
|
846
iShares MSCI France ETF
EWQ
$335M
| $13.4M | 0.01% |
378,412
+356,937
| +1,662% | +$13.1M |
|
847
BlackRock Short Maturity Municipal Bond ETF
MEAR
$1.36B
| $13.3M | 0.01% |
267,908
+14,037
| +6% | +$701K |
|
848
Ciena
CIEN
$53.4B
| $13.3M | 0.01% |
219,277
-2
| -0% | -$131 |
|
849
Workday
WDAY
$39.6B
| $13.3M | 0.01% |
55,437
+3,732
| +7% | +$889K |
|
850
Invesco S&P SmallCap Health Care ETF
PSCH
$163M
| $13.2M | 0.01% |
246,429
+4,833
| +2% | +$257K |
|
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.