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 | |
|---|---|---|---|---|---|---|
1076
First Trust Multi Cap Value AlphaDEX Fund
FAB
$164M
| $9.07M | 0.01% |
120,575
+59,171
| +96% | +$4.35M |
|
1077
iShares MSCI Australia ETF
EWA
$1.41B
| $9.06M | 0.01% |
364,987
+314,337
| +621% | +$8.01M |
|
1078
M&T Bank
MTB
$35.8B
| $9.06M | 0.01% |
58,994
+4,437
| +8% | +$681K |
|
|
FSGS
1079
First Trust SMID Growth Strength ETF
FSGS
$30.9M
| $9.05M | 0.01% |
303,993
+127,616
| +72% | +$3.76M |
|
1080
NIO
NIO
$12.1B
| $9.04M | 0.01% |
285,256
-34,286
| -11% | -$1.26M |
|
1081
Domino's
DPZ
$11.7B
| $9.03M | 0.01% |
16,008
+1,255
| +9% | +$638K |
|
1082
Otis Worldwide
OTIS
$27.3B
| $9.03M | 0.01% |
103,699
-29,234
| -22% | -$2.45M |
|
1083
United States Oil Fund
USO
$2.12B
| $9.01M | 0.01% |
165,729
-45,971
| -22% | -$2.5M |
|
|
ADRE
1084
DELISTED
Invesco BLDRS Emerging Markets 50 ADR Index Fund
ADRE
| $8.99M | 0.01% |
196,603
-29,125
| -13% | -$1.41M |
|
1085
AB InBev
BUD
$166B
| $8.97M | 0.01% |
148,225
-44,187
| -23% | -$2.57M |
|
1086
First Trust Nasdaq Transportation ETF
FTXR
$1.07B
| $8.97M | 0.01% |
259,602
+19,267
| +8% | +$652K |
|
1087
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.33B
| $8.96M | 0.01% |
105,059
+10,984
| +12% | +$945K |
|
|
X
1088
DELISTED
US Steel
X
| $8.96M | 0.01% |
376,252
-54,139
| -13% | -$1.28M |
|
|
MASI
1089
DELISTED
Masimo
MASI
| $8.9M | 0.01% |
30,414
+1,408
| +5% | +$401K |
|
1090
Omega Healthcare
OHI
$15.1B
| $8.89M | 0.01% |
300,536
+19,719
| +7% | +$576K |
|
1091
Vanguard Global ex-US Real Estate ETF
VNQI
$3.56B
| $8.88M | 0.01% |
164,605
-43,852
| -21% | -$2.47M |
|
|
FCT
1092
First Trust Senior Floating Rate Income Fund II
FCT
$251M
| $8.88M | 0.01% |
736,094
+137,252
| +23% | +$1.65M |
|
1093
Nasdaq
NDAQ
$53.2B
| $8.83M | 0.01% |
126,108
+10,965
| +10% | +$747K |
|
1094
First Trust Mid Cap Value AlphaDEX Fund
FNK
$229M
| $8.83M | 0.01% |
187,376
+53,977
| +40% | +$2.51M |
|
1095
Hexcel
HXL
$7.78B
| $8.79M | 0.01% |
169,707
-1,791
| -1% | -$101K |
|
1096
Global X SuperDividend ETF
SDIV
$1.22B
| $8.78M | 0.01% |
238,559
-47,211
| -17% | -$1.81M |
|
|
DSL
1097
DoubleLine Income Solutions Fund
DSL
$1.23B
| $8.77M | 0.01% |
544,112
+24,646
| +5% | +$422K |
|
1098
State Street Ultra Short Term Bond ETF
ULST
$527M
| $8.74M | 0.01% |
216,767
-18,069
| -8% | -$729K |
|
1099
Omnicom Group
OMC
$21.8B
| $8.74M | 0.01% |
119,260
+10,444
| +10% | +$743K |
|
1100
Toronto Dominion Bank
TD
$198B
| $8.7M | 0.01% |
113,432
+9,538
| +9% | +$695K |
|
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.