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 |
Invesco QQQ Trust
QQQ
|
+$205M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$199M |
| 3 |
First Trust Rising Dividend Achievers ETF
RDVY
|
+$180M |
| 4 |
iShares TIPS Bond ETF
TIP
|
+$140M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$121M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$134M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$64.2M |
| 3 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$47.3M |
| 4 |
iShares Global Tech ETF
IXN
|
+$43.6M |
| 5 |
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
|
+$43.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.8% |
| 2 | Consumer Discretionary | 3.12% |
| 3 | Financials | 3.04% |
| 4 | Healthcare | 2.77% |
| 5 | Communication Services | 2.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
Vanguard ESG US Stock ETF
ESGV
$13.1B
| $11.8M | 0.01% |
134,376
+36,141
| +37% | +$3.09M |
|
927
Exelon
EXC
$46.6B
| $11.8M | 0.01% |
285,805
+12,379
| +5% | +$466K |
|
928
State Street SPDR Russell 1000 Low Volatility Focus ETF
ONEV
$305M
| $11.7M | 0.01% |
102,878
+13,694
| +15% | +$1.5M |
|
929
Teladoc Health
TDOC
$1.19B
| $11.7M | 0.01% |
127,715
-17,572
| -12% | -$2.1M |
|
930
Hartford Multifactor US Equity ETF
ROUS
$694M
| $11.7M | 0.01% |
264,989
+1,524
| +0.6% | +$64.4K |
|
931
Align Technology
ALGN
$12.4B
| $11.6M | 0.01% |
17,654
+736
| +4% | +$473K |
|
932
State Street SPDR S&P 1500 Value Tilt ETF
VLU
$749M
| $11.6M | 0.01% |
74,320
+9,921
| +15% | +$1.51M |
|
933
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.52B
| $11.5M | 0.01% |
289,142
+4,584
| +2% | +$182K |
|
|
JPS
934
DELISTED
Nuveen Preferred & Income Securities Fund
JPS
| $11.5M | 0.01% |
1,183,826
-149,466
| -11% | -$1.44M |
|
935
Cohen & Steers Quality Income Realty Fund
RQI
$1.7B
| $11.5M | 0.01% |
631,054
+54,700
| +9% | +$908K |
|
936
iShares MSCI South Korea ETF
EWY
$22.5B
| $11.5M | 0.01% |
147,308
-15,671
| -10% | -$1.24M |
|
937
FirstEnergy
FE
$28.2B
| $11.5M | 0.01% |
275,598
-11,063
| -4% | -$427K |
|
938
WisdomTree US LargeCap Fund
EPS
$1.58B
| $11.5M | 0.01% |
227,583
+9,014
| +4% | +$439K |
|
939
Lennar Class A
LEN
$20.2B
| $11.4M | 0.01% |
101,505
+5,102
| +5% | +$522K |
|
|
BSJM
940
DELISTED
Invesco BulletShares 2022 High Yield Corporate Bond ETF
BSJM
| $11.4M | 0.01% |
490,066
+24,084
| +5% | +$559K |
|
941
Fastenal
FAST
$53.5B
| $11.4M | 0.01% |
355,220
-8,716
| -2% | -$257K |
|
942
LyondellBasell Industries
LYB
$19.5B
| $11.4M | 0.01% |
123,365
-1,824
| -1% | -$169K |
|
943
Datadog
DDOG
$95.6B
| $11.4M | 0.01% |
63,875
-1,225
| -2% | -$208K |
|
944
Ventas
VTR
$44.7B
| $11.4M | 0.01% |
222,495
+3,650
| +2% | +$191K |
|
945
Quanta Services
PWR
$98.7B
| $11.4M | 0.01% |
99,141
+33,622
| +51% | +$3.88M |
|
946
Amplify CEF High Income ETF
YYY
$717M
| $11.4M | 0.01% |
683,346
+5,297
| +0.8% | +$89.1K |
|
947
First Trust Ultra Short Duration Municipal ETF
FUMB
$247M
| $11.3M | 0.01% |
562,194
+34,211
| +6% | +$689K |
|
948
Energy Transfer Partners
ET
$69.6B
| $11.3M | 0.01% |
1,376,105
+43,331
| +3% | +$394K |
|
949
West Pharmaceutical
WST
$23.9B
| $11.3M | 0.01% |
24,126
+1,421
| +6% | +$612K |
|
950
Cloudflare
NET
$101B
| $11.3M | 0.01% |
86,041
-34,013
| -28% | -$5.7M |
|
Similar funds
LPL Financial's Q4 2021 Portfolio in Review
As of Q4 2021, LPL Financial held 4,559 positions worth $119B, up 12% from $106B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial deployed $6.13B of net new capital in Q4 2021, opening 235 new positions and adding to 2,641 existing holdings. Its largest new stake was iShares MSCI South Africa ETF: 184,094 shares worth $8.54M.
By sector, the portfolio is most concentrated in Technology at 6.8% of assets, up from 6.3% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $134M trimmed.
- LPL Financial's largest Q4 2021 buy was iShares MSCI South Africa ETF: 184,094 shares worth $8.54M.
- LPL Financial added most to Invesco QQQ Trust in Q4 2021, an estimated $205M increase.
- LPL Financial's biggest Q4 2021 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $134M.
- LPL Financial fully exited iShares iBonds Dec 2021 Term Corporate ETF in Q4 2021, selling an estimated $25.2M.
- LPL Financial's ten largest holdings make up 19% of its $119B portfolio in Q4 2021.
- LPL Financial opened 235 new positions and closed 224 in Q4 2021.
- LPL Financial's portfolio value rose 12% quarter-over-quarter to $119B.
Based on LPL Financial's 13F filing for Q4 2021, filed 14 Feb 2022.