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 | |
|---|---|---|---|---|---|---|
901
DNP Select Income Fund
DNP
$4.05B
| $12.1M | 0.01% |
1,022,223
+54,462
| +6% | +$611K |
|
902
Invesco Taxable Municipal Bond ETF
BAB
$1.02B
| $12M | 0.01% |
405,566
-218,249
| -35% | -$6.81M |
|
903
Cohen & Steers REIT and Preferred and Income Fund
RNP
$982M
| $12M | 0.01% |
446,179
+9,900
| +2% | +$256K |
|
904
HubSpot
HUBS
$12.2B
| $12M | 0.01% |
25,241
+6,854
| +37% | +$3.32M |
|
905
Cincinnati Financial
CINF
$27.3B
| $12M | 0.01% |
88,154
+3,859
| +5% | +$474K |
|
906
Invesco KBW High Dividend Yield Financial ETF
KBWD
$408M
| $12M | 0.01% |
612,048
-31,376
| -5% | -$617K |
|
|
TWTR
907
DELISTED
Twitter, Inc.
TWTR
| $11.9M | 0.01% |
307,350
-32,792
| -10% | -$1.2M |
|
908
iShares Global Energy ETF
IXC
$2.79B
| $11.9M | 0.01% |
328,446
+46,481
| +16% | +$1.54M |
|
909
Franklin US Low Volatility High Dividend Index ETF
LVHD
$628M
| $11.9M | 0.01% |
299,083
+3,511
| +1% | +$137K |
|
910
iShares MSCI Singapore ETF
EWS
$1.04B
| $11.8M | 0.01% |
566,234
+538,806
| +1,964% | +$11.3M |
|
911
iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
$289M
| $11.8M | 0.01% |
316,800
-4,701
| -1% | -$172K |
|
912
AllianceBernstein
AB
$3.43B
| $11.7M | 0.01% |
248,347
+25,176
| +11% | +$1.17M |
|
913
Nuveen ESG Mid-Cap Growth ETF
NUMG
$350M
| $11.7M | 0.01% |
266,210
+37,603
| +16% | +$1.62M |
|
914
iShares Core MSCI Europe ETF
IEUR
$8.97B
| $11.6M | 0.01% |
216,870
-98,415
| -31% | -$5.39M |
|
915
PENN Entertainment
PENN
$2.75B
| $11.5M | 0.01% |
272,156
+31,596
| +13% | +$1.44M |
|
916
Bank OZK
OZK
$5.6B
| $11.5M | 0.01% |
270,223
+5,276
| +2% | +$246K |
|
917
Albemarle
ALB
$13.9B
| $11.5M | 0.01% |
52,068
+19,432
| +60% | +$4.1M |
|
|
QHY
918
WisdomTree U.S. High Yield Corporate Bond Fund
QHY
$237M
| $11.5M | 0.01% |
232,977
+116,837
| +101% | +$5.87M |
|
919
Carrier Global
CARR
$51B
| $11.5M | 0.01% |
250,015
-238,209
| -49% | -$11.2M |
|
920
Generac Holdings
GNRC
$11.6B
| $11.5M | 0.01% |
38,563
-2,755
| -7% | -$826K |
|
921
WisdomTree Trust WisdomTree Interest Rate Hedged High Yield Bond Fund
HYZD
$259M
| $11.4M | 0.01% |
521,764
-73,724
| -12% | -$1.6M |
|
922
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.3B
| $11.4M | 0.01% |
211,745
-16,396
| -7% | -$868K |
|
923
Cohen & Steers Quality Income Realty Fund
RQI
$1.7B
| $11.4M | 0.01% |
683,028
+51,974
| +8% | +$841K |
|
924
Illumina
ILMN
$31B
| $11.4M | 0.01% |
33,569
-2,967
| -8% | -$1M |
|
925
Liberty All-Star Equity Fund
USA
$1.79B
| $11.4M | 0.01% |
1,411,184
+241,268
| +21% | +$1.86M |
|
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.