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 | |
|---|---|---|---|---|---|---|
1176
Invesco S&P Global Water Index ETF
CGW
$1.05B
| $7.46M | 0.01% |
142,421
+989
| +0.7% | +$52.6K |
|
1177
FlexShares Quality Dividend Defensive Index Fund
QDEF
$547M
| $7.46M | 0.01% |
131,957
+16,954
| +15% | +$945K |
|
1178
CF Industries
CF
$19.2B
| $7.45M | 0.01% |
72,314
+35,129
| +94% | +$2.84M |
|
1179
Maximus
MMS
$3.17B
| $7.45M | 0.01% |
99,371
+99
| +0.1% | +$7.58K |
|
1180
Steel Dynamics
STLD
$36B
| $7.45M | 0.01% |
89,249
+16,953
| +23% | +$1.14M |
|
1181
Plug Power
PLUG
$2.87B
| $7.44M | 0.01% |
259,903
-3,613
| -1% | -$86.1K |
|
1182
VanEck CEF Muni Income ETF
XMPT
$219M
| $7.41M | 0.01% |
292,803
+61,066
| +26% | +$1.63M |
|
1183
Amphenol
APH
$198B
| $7.37M | 0.01% |
195,624
-21,102
| -10% | -$817K |
|
|
EOS
1184
Eaton Vance Enhance Equity Income Fund II
EOS
$1.13B
| $7.36M | 0.01% |
350,613
+1,659
| +0.5% | +$35.5K |
|
1185
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.83B
| $7.36M | 0.01% |
199,986
+15,172
| +8% | +$575K |
|
1186
Entegris
ENTG
$18.1B
| $7.32M | 0.01% |
55,795
-25,157
| -31% | -$3.23M |
|
1187
First Trust Nasdaq Transportation ETF
FTXR
$1.07B
| $7.31M | 0.01% |
226,200
-33,402
| -13% | -$1.08M |
|
1188
Ametek
AME
$55.4B
| $7.29M | 0.01% |
54,766
+3,484
| +7% | +$468K |
|
1189
Globus Medical
GMED
$10.7B
| $7.29M | 0.01% |
98,768
+2,453
| +3% | +$171K |
|
1190
Williams-Sonoma
WSM
$26.9B
| $7.29M | 0.01% |
100,508
+19,196
| +24% | +$1.45M |
|
1191
First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF
DDIV
$72.8M
| $7.29M | 0.01% |
217,042
+165,809
| +324% | +$5.47M |
|
1192
OGE Energy
OGE
$9.78B
| $7.28M | 0.01% |
178,548
+55,869
| +46% | +$2.12M |
|
1193
Invesco Energy Exploration & Production ETF
PXE
$89.6M
| $7.27M | 0.01% |
262,105
-81,295
| -24% | -$1.95M |
|
1194
Independence Realty Trust
IRT
$3.92B
| $7.27M | 0.01% |
274,868
+81,207
| +42% | +$1.99M |
|
1195
Baker Hughes
BKR
$60B
| $7.27M | 0.01% |
199,577
+111,974
| +128% | +$3.4M |
|
1196
Bank of Montreal
BMO
$126B
| $7.25M | 0.01% |
61,498
+1,903
| +3% | +$221K |
|
1197
Marathon Digital Holdings
MARA
$4.32B
| $7.25M | 0.01% |
259,353
+53,997
| +26% | +$1.4M |
|
1198
Sanofi
SNY
$103B
| $7.25M | 0.01% |
141,121
+20,188
| +17% | +$1.04M |
|
1199
Innovative Industrial Properties
IIPR
$1.71B
| $7.24M | 0.01% |
35,257
-2,357
| -6% | -$464K |
|
1200
iShares MSCI Italy ETF
EWI
$1.01B
| $7.24M | 0.01% |
245,179
-428,246
| -64% | -$13.3M |
|
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.