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 | |
|---|---|---|---|---|---|---|
1051
WisdomTree International SmallCap Dividend Fund
DLS
$1.06B
| $9.42M | 0.01% |
127,902
+6,547
| +5% | +$482K |
|
1052
PACCAR
PCAR
$70.4B
| $9.4M | 0.01% |
159,833
+14,024
| +10% | +$811K |
|
1053
ALPS Clean Energy ETF
ACES
$110M
| $9.38M | 0.01% |
146,222
-441
| -0.3% | -$31.6K |
|
1054
DXC Technology
DXC
$1.82B
| $9.38M | 0.01% |
291,389
+12,960
| +5% | +$422K |
|
1055
Global X MLP ETF
MLPA
$2.28B
| $9.37M | 0.01% |
267,758
+14,886
| +6% | +$534K |
|
1056
iShares Residential and Multisector Real Estate ETF
REZ
$879M
| $9.37M | 0.01% |
95,342
+32,418
| +52% | +$2.98M |
|
1057
KeyCorp
KEY
$24.2B
| $9.36M | 0.01% |
404,819
+27,159
| +7% | +$630K |
|
1058
Global X Cybersecurity ETF
BUG
$1.26B
| $9.36M | 0.01% |
294,682
+75,655
| +35% | +$2.44M |
|
1059
Centene
CNC
$30.1B
| $9.36M | 0.01% |
113,545
-7,784
| -6% | -$570K |
|
1060
iShares Core 80/20 Aggressive Allocation ETF
AOA
$3.18B
| $9.35M | 0.01% |
128,432
+16,835
| +15% | +$1.21M |
|
1061
Conagra Brands
CAG
$7.19B
| $9.35M | 0.01% |
273,787
+170,653
| +165% | +$5.59M |
|
|
ATVI
1062
DELISTED
Activision Blizzard
ATVI
| $9.35M | 0.01% |
140,471
-7,909
| -5% | -$541K |
|
1063
Unity
U
$14.6B
| $9.31M | 0.01% |
65,098
+10,438
| +19% | +$1.6M |
|
1064
Invesco Russell 1000 Equal Weight ETF
EQAL
$817M
| $9.28M | 0.01% |
196,007
+114,333
| +140% | +$5.33M |
|
1065
Arista Networks
ANET
$215B
| $9.26M | 0.01% |
257,564
+14,588
| +6% | +$435K |
|
|
WBII
1066
DELISTED
WBI BullBear Global Income ETF
WBII
| $9.26M | 0.01% |
370,655
+14,184
| +4% | +$351K |
|
1067
Sprott Physical Gold
PHYS
$14.8B
| $9.24M | 0.01% |
643,286
+30,495
| +5% | +$431K |
|
1068
Vanguard Total Corporate Bond ETF
VTC
$1.72B
| $9.23M | 0.01% |
101,834
-11,329
| -10% | -$1.03M |
|
1069
American Century Quality Diversified International ETF
QINT
$672M
| $9.21M | 0.01% |
179,014
+132,881
| +288% | +$6.79M |
|
1070
Inspire 100 ETF
BIBL
$481M
| $9.2M | 0.01% |
233,436
+28,251
| +14% | +$1.23M |
|
1071
Global X Internet of Things ETF
SNSR
$219M
| $9.19M | 0.01% |
234,874
+28,104
| +14% | +$1.07M |
|
1072
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.71B
| $9.18M | 0.01% |
910,651
+101,521
| +13% | +$1.02M |
|
1073
VanEck Agribusiness ETF
MOO
$994M
| $9.17M | 0.01% |
96,072
+28,746
| +43% | +$2.71M |
|
1074
Virtus InfraCap US Preferred Stock ETF
PFFA
$2.44B
| $9.15M | 0.01% |
364,328
+100,247
| +38% | +$2.5M |
|
1075
DraftKings
DKNG
$11.8B
| $9.07M | 0.01% |
330,321
+41,480
| +14% | +$1.62M |
|
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.