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 | |
|---|---|---|---|---|---|---|
876
Owens Corning
OC
$11.2B
| $12.6M | 0.01% |
138,027
+128,945
| +1,420% | +$11.8M |
|
877
Invesco Short Term Treasury ETF
TBLL
$2.61B
| $12.6M | 0.01% |
119,324
+50,456
| +73% | +$5.33M |
|
878
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
$3.06B
| $12.6M | 0.01% |
237,338
+45,613
| +24% | +$2.49M |
|
|
SPLK
879
DELISTED
Splunk Inc
SPLK
| $12.5M | 0.01% |
84,896
+1,760
| +2% | +$216K |
|
880
Old Dominion Freight Line
ODFL
$44.1B
| $12.5M | 0.01% |
83,726
-8,216
| -9% | -$1.28M |
|
881
T-Mobile US
TMUS
$185B
| $12.5M | 0.01% |
97,412
+5,467
| +6% | +$651K |
|
882
AES
AES
$10.5B
| $12.5M | 0.01% |
485,782
+46,528
| +11% | +$1.05M |
|
883
First Trust California Municipal High income ETF
FCAL
$219M
| $12.5M | 0.01% |
245,210
-27,131
| -10% | -$1.43M |
|
884
iShares Future Exponential Technologies ETF
XT
$3.82B
| $12.4M | 0.01% |
210,352
-6,431
| -3% | -$378K |
|
885
Palantir
PLTR
$295B
| $12.3M | 0.01% |
898,749
-193,085
| -18% | -$2.58M |
|
886
Invesco International Dividend Achievers ETF
PID
$926M
| $12.3M | 0.01% |
628,584
+377,122
| +150% | +$7.12M |
|
887
iShares JPMorgan EM Corporate Bond ETF
CEMB
$398M
| $12.3M | 0.01% |
265,027
+13,799
| +5% | +$666K |
|
888
FlexShares Global Upstream Natural Resources Index Fund
GUNR
$7.2B
| $12.3M | 0.01% |
262,514
+23,550
| +10% | +$1.02M |
|
889
First Trust Natural Gas ETF
FCG
$647M
| $12.3M | 0.01% |
503,680
+68,994
| +16% | +$1.45M |
|
890
VanEck Morningstar International Moat ETF
MOTI
$74.2M
| $12.3M | 0.01% |
387,409
+379,807
| +4,996% | +$12.3M |
|
891
Verisk Analytics
VRSK
$25.4B
| $12.3M | 0.01% |
57,229
+5,220
| +10% | +$1.03M |
|
892
FirstEnergy
FE
$28B
| $12.3M | 0.01% |
267,340
-8,258
| -3% | -$349K |
|
893
iShares US Home Construction ETF
ITB
$2.26B
| $12.2M | 0.01% |
206,699
-591,351
| -74% | -$40.5M |
|
894
Akamai
AKAM
$16.7B
| $12.2M | 0.01% |
102,581
+753
| +0.7% | +$84.5K |
|
895
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $12.2M | 0.01% |
484,316
-66,418
| -12% | -$1.72M |
|
896
Nuveen ESG Small-Cap ETF
NUSC
$1.28B
| $12.2M | 0.01% |
306,421
+1,685
| +0.6% | +$66.5K |
|
897
State Street SPDR Russell 1000 Low Volatility Focus ETF
ONEV
$303M
| $12.2M | 0.01% |
110,930
+8,052
| +8% | +$870K |
|
898
The Mosaic Company
MOS
$7.03B
| $12.2M | 0.01% |
182,925
+104,453
| +133% | +$5.22M |
|
|
FPF
899
First Trust Intermediate Duration Preferred & Income Fund
FPF
$1.07B
| $12.1M | 0.01% |
551,505
-81,062
| -13% | -$1.8M |
|
|
MMP
900
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $12.1M | 0.01% |
246,772
+11,159
| +5% | +$540K |
|
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.