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 | |
|---|---|---|---|---|---|---|
1401
Prospect Capital
PSEC
$1.07B
| $5.46M | ﹤0.01% |
649,198
+72,635
| +13% | +$611K |
|
1402
CapForce IBD 50 ETF
FFTY
$79.5M
| $5.46M | ﹤0.01% |
119,054
-5,377
| -4% | -$257K |
|
1403
WBI BullBear Quality 3000 ETF
WBIL
$30.1M
| $5.46M | ﹤0.01% |
176,139
+10,055
| +6% | +$309K |
|
1404
Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
$1.44B
| $5.45M | ﹤0.01% |
177,911
+21,710
| +14% | +$645K |
|
1405
Atmos Energy
ATO
$28.8B
| $5.45M | ﹤0.01% |
51,994
+9,632
| +23% | +$913K |
|
|
RESP
1406
DELISTED
WisdomTree U.S. ESG Fund
RESP
| $5.44M | ﹤0.01% |
106,116
+36,913
| +53% | +$1.83M |
|
1407
Spotify
SPOT
$103B
| $5.43M | ﹤0.01% |
23,212
-3,502
| -13% | -$876K |
|
1408
Polaris
PII
$3.82B
| $5.42M | ﹤0.01% |
49,319
-1,548
| -3% | -$182K |
|
1409
Agilent Technologies
A
$39.1B
| $5.42M | ﹤0.01% |
33,916
-13,407
| -28% | -$2.09M |
|
1410
iShares Morningstar Small-Cap Value ETF
ISCV
$692M
| $5.41M | ﹤0.01% |
90,948
-4,732
| -5% | -$280K |
|
1411
iShares MSCI USA Size Factor ETF
SIZE
$428M
| $5.4M | ﹤0.01% |
39,358
-173
| -0.4% | -$23.3K |
|
1412
abrdn Physical Silver Shares ETF
SIVR
$4.02B
| $5.38M | ﹤0.01% |
240,390
+11,567
| +5% | +$260K |
|
1413
Southern Copper
SCCO
$143B
| $5.38M | ﹤0.01% |
94,117
+27,562
| +41% | +$1.54M |
|
1414
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.29B
| $5.38M | ﹤0.01% |
197,163
+23,920
| +14% | +$656K |
|
1415
JPMorgan Equity Premium Income ETF
JEPI
$45.9B
| $5.38M | ﹤0.01% |
85,129
+33,743
| +66% | +$2.08M |
|
1416
Cohen & Steers Infrastructure Fund
UTF
$3.11B
| $5.38M | ﹤0.01% |
188,735
-18,308
| -9% | -$512K |
|
1417
State Street SPDR FTSE International Government Inflation-Protected Bond ETF
WIP
$473M
| $5.36M | ﹤0.01% |
99,670
-8,654
| -8% | -$474K |
|
1418
Darden Restaurants
DRI
$23.3B
| $5.36M | ﹤0.01% |
35,550
+873
| +3% | +$129K |
|
1419
Entergy
ETR
$50.2B
| $5.35M | ﹤0.01% |
95,014
+7,280
| +8% | +$382K |
|
|
TRPA
1420
Hartford AAA CLO ETF
TRPA
$103M
| $5.35M | ﹤0.01% |
131,968
+29,005
| +28% | +$1.18M |
|
1421
VanEck Natural Resources ETF
HAP
$302M
| $5.35M | ﹤0.01% |
113,351
+85,324
| +304% | +$4.05M |
|
1422
TransUnion
TRU
$15.1B
| $5.35M | ﹤0.01% |
45,088
+1,416
| +3% | +$162K |
|
1423
3D Systems Corp
DDD
$431M
| $5.33M | ﹤0.01% |
247,305
+319
| +0.1% | +$8.05K |
|
1424
JPMorgan Diversified Return International Equity ETF
JPIN
$368M
| $5.33M | ﹤0.01% |
90,037
-2,461
| -3% | -$148K |
|
1425
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
$2.54B
| $5.33M | ﹤0.01% |
202,380
-305,862
| -60% | -$8.06M |
|
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.