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 | |
|---|---|---|---|---|---|---|
1076
WisdomTree Global ex-U.S. Quality Growth Fund
DNL
$481M
| $8.7M | 0.01% |
218,953
-12,501
| -5% | -$507K |
|
1077
MP Materials
MP
$7.36B
| $8.7M | 0.01% |
151,659
-9,026
| -6% | -$397K |
|
1078
KeyCorp
KEY
$24.2B
| $8.69M | 0.01% |
388,462
-16,357
| -4% | -$407K |
|
1079
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.42B
| $8.69M | 0.01% |
211,179
+8,752
| +4% | +$380K |
|
1080
Global X FinTech ETF
FINX
$170M
| $8.65M | 0.01% |
270,302
-202,315
| -43% | -$6.62M |
|
1081
Expedia Group
EXPE
$35.4B
| $8.64M | 0.01% |
44,164
-804
| -2% | -$150K |
|
1082
Teladoc Health
TDOC
$1.22B
| $8.63M | 0.01% |
119,674
-8,041
| -6% | -$579K |
|
1083
Best Buy
BBY
$18.2B
| $8.61M | 0.01% |
94,705
-5,366
| -5% | -$532K |
|
1084
AvalonBay Communities
AVB
$26.5B
| $8.58M | 0.01% |
34,529
+2,199
| +7% | +$537K |
|
1085
State Street SPDR S&P Kensho Clean Power ETF
CNRG
$198M
| $8.54M | 0.01% |
95,229
+7,207
| +8% | +$600K |
|
1086
Lennar Class A
LEN
$19.8B
| $8.52M | 0.01% |
108,444
+6,939
| +7% | +$625K |
|
1087
Datadog
DDOG
$95.4B
| $8.49M | 0.01% |
56,067
-7,808
| -12% | -$1.14M |
|
1088
AAM Low Duration Preferred and Income Securities ETF
PFLD
$413M
| $8.47M | 0.01% |
355,938
+191,965
| +117% | +$4.63M |
|
1089
RLI Corp
RLI
$5.62B
| $8.47M | 0.01% |
153,096
+2,724
| +2% | +$144K |
|
1090
State Street Ultra Short Term Bond ETF
ULST
$527M
| $8.47M | 0.01% |
211,562
-5,205
| -2% | -$209K |
|
1091
State Street SPDR S&P Kensho New Economies Composite ETF
KOMP
$2.6B
| $8.46M | 0.01% |
162,796
-15,931
| -9% | -$827K |
|
1092
iShares Core 80/20 Aggressive Allocation ETF
AOA
$3.19B
| $8.46M | 0.01% |
122,678
-5,754
| -4% | -$398K |
|
1093
Zimmer Biomet
ZBH
$18.2B
| $8.44M | 0.01% |
65,998
+11,241
| +21% | +$1.35M |
|
1094
QuantumScape Corp
QS
$3.21B
| $8.44M | 0.01% |
422,083
+35,128
| +9% | +$603K |
|
1095
Amplify Mobile Payments ETF
IPAY
$170M
| $8.43M | 0.01% |
161,818
-28,659
| -15% | -$1.49M |
|
1096
iShares Mortgage Real Estate ETF
REM
$539M
| $8.43M | 0.01% |
258,102
-21,945
| -8% | -$723K |
|
1097
Goldman Sachs Equal Weight US Large Cap Equity ETF
GSEW
$1.89B
| $8.42M | 0.01% |
125,360
-75,818
| -38% | -$5.05M |
|
1098
Davis Select US Equity ETF
DUSA
$1.27B
| $8.41M | 0.01% |
255,112
+7,258
| +3% | +$245K |
|
1099
Strategy Inc
MSTR
$34.1B
| $8.39M | 0.01% |
172,530
+31,880
| +23% | +$1.38M |
|
1100
Invesco Dorsey Wright Industrials Momentum ETF
PRN
$416M
| $8.38M | 0.01% |
85,042
-10,611
| -11% | -$1.06M |
|
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.