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 | |
|---|---|---|---|---|---|---|
1151
Diamondback Energy
FANG
$57.1B
| $7.7M | 0.01% |
56,169
+1,242
| +2% | +$161K |
|
1152
VictoryShares US Multi-Factor Minimum Volatility ETF
VSMV
$155M
| $7.7M | 0.01% |
184,957
-17,703
| -9% | -$714K |
|
1153
iShares MSCI World ETF
URTH
$7.99B
| $7.7M | 0.01% |
60,047
+1,699
| +3% | +$216K |
|
1154
Expeditors International
EXPD
$22B
| $7.68M | 0.01% |
74,486
-18,255
| -20% | -$2.01M |
|
1155
JPMorgan International Growth ETF
JIG
$471M
| $7.68M | 0.01% |
123,273
+110,694
| +880% | +$7.22M |
|
|
CLR
1156
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $7.68M | 0.01% |
125,152
-10,405
| -8% | -$577K |
|
1157
Invesco S&P SmallCap 600 Pure Value ETF
RZV
$290M
| $7.67M | 0.01% |
79,313
-53,470
| -40% | -$5.1M |
|
1158
Global Payments
GPN
$23B
| $7.66M | 0.01% |
55,976
+10,400
| +23% | +$1.45M |
|
1159
ALPS O'Shares US Small-Cap Quality Dividend ETF
OUSM
$886M
| $7.65M | 0.01% |
219,727
+79,383
| +57% | +$2.78M |
|
1160
Citizens Financial Group
CFG
$30.3B
| $7.64M | 0.01% |
168,591
+9,718
| +6% | +$500K |
|
1161
Ross Stores
ROST
$80.5B
| $7.64M | 0.01% |
84,418
-300
| -0.4% | -$28.6K |
|
1162
Philips
PHG
$25.7B
| $7.63M | 0.01% |
302,353
+17,943
| +6% | +$490K |
|
1163
Dover
DOV
$27.6B
| $7.62M | 0.01% |
48,550
+1,215
| +3% | +$199K |
|
1164
NNN REIT
NNN
$9.04B
| $7.61M | 0.01% |
169,376
+6,507
| +4% | +$287K |
|
1165
Invesco Dorsey Wright Financial Momentum ETF
PFI
$59.5M
| $7.6M | 0.01% |
154,608
-20,461
| -12% | -$1.01M |
|
|
MRO
1166
DELISTED
Marathon Oil Corporation
MRO
| $7.59M | 0.01% |
302,216
-77,479
| -20% | -$1.66M |
|
1167
Match Group
MTCH
$9.19B
| $7.57M | 0.01% |
69,632
+7,919
| +13% | +$874K |
|
1168
WisdomTree International High Dividend Fund
DTH
$653M
| $7.57M | 0.01% |
190,284
+149,527
| +367% | +$5.93M |
|
1169
Regions Financial
RF
$26.4B
| $7.57M | 0.01% |
339,991
-299,180
| -47% | -$7.04M |
|
1170
Cardlytics
CDLX
$21.7M
| $7.54M | 0.01% |
13,711
+862
| +7% | +$521K |
|
1171
JPMorgan Diversified Return US Small Cap Equity ETF
JPSE
$591M
| $7.53M | 0.01% |
171,918
+63,458
| +59% | +$2.75M |
|
1172
Main Street Capital
MAIN
$5.06B
| $7.53M | 0.01% |
176,623
-510
| -0.3% | -$21.8K |
|
1173
GraniteShares Gold Shares
BAR
$1.36B
| $7.52M | 0.01% |
391,901
-546
| -0.1% | -$10.2K |
|
1174
Invesco Dorsey Wright Healthcare Momentum ETF
PTH
$221M
| $7.51M | 0.01% |
167,487
-110,538
| -40% | -$4.84M |
|
1175
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$2.89B
| $7.48M | 0.01% |
162,189
+16,761
| +12% | +$788K |
|
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.