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 | |
|---|---|---|---|---|---|---|
1201
PIMCO Enhanced Low Duration Active Exchange-Traded Fund
LDUR
$1.37B
| $7.23M | 0.01% |
74,130
-259
| -0.3% | -$25.7K |
|
1202
Franco-Nevada
FNV
$41.1B
| $7.21M | 0.01% |
45,230
-3,475
| -7% | -$500K |
|
1203
VanEck Biotech ETF
BBH
$400M
| $7.21M | 0.01% |
44,489
+5,503
| +14% | +$891K |
|
1204
Invesco Global Clean Energy ETF
PBD
$182M
| $7.21M | 0.01% |
290,683
+10,209
| +4% | +$237K |
|
1205
Cognizant
CTSH
$24.9B
| $7.19M | 0.01% |
80,179
+173
| +0.2% | +$15.2K |
|
1206
IQ MacKay Municipal Insured ETF
MMIN
$463M
| $7.17M | 0.01% |
280,141
-24,240
| -8% | -$644K |
|
1207
State Street
STT
$50.6B
| $7.17M | 0.01% |
82,287
+3,013
| +4% | +$279K |
|
1208
Church & Dwight Co
CHD
$23.4B
| $7.16M | 0.01% |
72,015
+7,292
| +11% | +$726K |
|
|
POWR
1209
iShares U.S. Power Infrastructure ETF
POWR
$441M
| $7.14M | 0.01% |
314,625
+25,720
| +9% | +$539K |
|
1210
WisdomTree International Equity Fund
DWM
$679M
| $7.14M | 0.01% |
135,319
+47,511
| +54% | +$2.53M |
|
1211
Lumen
LUMN
$6.57B
| $7.12M | 0.01% |
631,893
+28,782
| +5% | +$329K |
|
1212
Bunge Global
BG
$20.4B
| $7.12M | 0.01% |
64,240
+17,825
| +38% | +$1.83M |
|
1213
Canadian National Railway
CNI
$76.9B
| $7.12M | 0.01% |
53,044
+456
| +0.9% | +$57K |
|
1214
iShares International Dividend Growth ETF
IGRO
$1.3B
| $7.11M | 0.01% |
108,996
+50,609
| +87% | +$3.34M |
|
|
WIW
1215
Western Asset Inflation-Linked Opportunities & Income Fund
WIW
$505M
| $7.08M | 0.01% |
589,834
-125,020
| -17% | -$1.55M |
|
1216
Brookfield Infrastructure Partners
BIP
$19.2B
| $7.07M | 0.01% |
160,100
-3,255
| -2% | -$131K |
|
1217
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.62B
| $7.06M | 0.01% |
115,004
-112,124
| -49% | -$7.16M |
|
1218
Sprott Physical Silver Trust
PSLV
$12B
| $7.03M | 0.01% |
802,003
+8,587
| +1% | +$71.8K |
|
1219
VanEck Natural Resources ETF
HAP
$302M
| $7.03M | 0.01% |
128,094
+14,743
| +13% | +$748K |
|
|
FITB
1220
Fifth Third Bancorp
FITB
$51.2B
| $7.03M | 0.01% |
163,245
-5,591
| -3% | -$261K |
|
1221
ProShares Short S&P500
SH
$907M
| $7.02M | 0.01% |
124,586
+47,831
| +62% | +$2.76M |
|
1222
Charter Communications
CHTR
$17.3B
| $7.02M | 0.01% |
12,861
-246
| -2% | -$144K |
|
1223
United Airlines
UAL
$39.4B
| $7.01M | 0.01% |
151,295
-10,114
| -6% | -$438K |
|
1224
Domino's
DPZ
$11.5B
| $7M | 0.01% |
17,205
+1,197
| +7% | +$522K |
|
1225
Invesco S&P International Developed Low Volatility ETF
IDLV
$345M
| $7M | 0.01% |
224,854
+18,374
| +9% | +$572K |
|
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.