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 | |
|---|---|---|---|---|---|---|
|
SPR
1426
DELISTED
Spirit AeroSystems
SPR
| $5.28M | ﹤0.01% |
122,568
+5,955
| +5% | +$255K |
|
1427
Intellia Therapeutics
NTLA
$1.49B
| $5.28M | ﹤0.01% |
44,643
+891
| +2% | +$112K |
|
1428
BlackRock Income Trust
BKT
$330M
| $5.27M | ﹤0.01% |
311,177
-6,362
| -2% | -$113K |
|
1429
Starwood Property Trust
STWD
$5.92B
| $5.27M | ﹤0.01% |
216,969
+251
| +0.1% | +$6.33K |
|
1430
Molina Healthcare
MOH
$10.2B
| $5.26M | ﹤0.01% |
16,534
-418
| -2% | -$124K |
|
1431
Fortune Brands Innovations
FBIN
$5.88B
| $5.25M | ﹤0.01% |
57,494
+2,668
| +5% | +$231K |
|
1432
Dolby
DLB
$5.56B
| $5.23M | ﹤0.01% |
54,966
+13,866
| +34% | +$1.24M |
|
1433
ALPS O'Shares US Small-Cap Quality Dividend ETF
OUSM
$886M
| $5.22M | ﹤0.01% |
140,344
+7,884
| +6% | +$287K |
|
|
BSL
1434
Blackstone Senior Floating Rate 2027 Term Fund
BSL
$169M
| $5.21M | ﹤0.01% |
303,396
-14,869
| -5% | -$247K |
|
1435
Ameren
AEE
$30.3B
| $5.21M | ﹤0.01% |
58,507
-3,097
| -5% | -$263K |
|
1436
iShares MSCI Sweden ETF
EWD
$546M
| $5.21M | ﹤0.01% |
112,379
+5,632
| +5% | +$262K |
|
|
CAPD
1437
DELISTED
iPath Shiller CAPE ETN
CAPD
| $5.18M | ﹤0.01% |
227,794
+36,023
| +19% | +$796K |
|
1438
Ally Financial
ALLY
$13.2B
| $5.18M | ﹤0.01% |
108,823
-771
| -0.7% | -$38.2K |
|
1439
CMS Energy
CMS
$22.6B
| $5.18M | ﹤0.01% |
79,627
+10,554
| +15% | +$648K |
|
1440
Pacer Trendpilot Fund of Funds ETF
TRND
$61.9M
| $5.18M | ﹤0.01% |
164,949
+75,126
| +84% | +$2.34M |
|
1441
Bank of Hawaii
BOH
$3.15B
| $5.17M | ﹤0.01% |
61,696
+13,773
| +29% | +$1.16M |
|
1442
Lyft
LYFT
$6.02B
| $5.17M | ﹤0.01% |
120,866
+11,755
| +11% | +$550K |
|
1443
Fidelity National Financial
FNF
$13.9B
| $5.16M | ﹤0.01% |
102,851
+7,412
| +8% | +$354K |
|
1444
Pacer Lunt Large Cap Multi-Factor Alternator ETF
PALC
$210M
| $5.16M | ﹤0.01% |
122,997
+64,945
| +112% | +$2.68M |
|
1445
Invesco S&P MidCap 400 Pure Value ETF
RFV
$335M
| $5.16M | ﹤0.01% |
53,449
+1,373
| +3% | +$131K |
|
|
IBML
1446
DELISTED
iShares iBonds Dec 2023 Term Muni Bond ETF
IBML
| $5.16M | ﹤0.01% |
199,035
+8,655
| +5% | +$225K |
|
|
POWR
1447
iShares U.S. Power Infrastructure ETF
POWR
$441M
| $5.15M | ﹤0.01% |
288,905
+32,630
| +13% | +$600K |
|
1448
Davis Select Financial ETF
DFNL
$460M
| $5.12M | ﹤0.01% |
167,665
+8,117
| +5% | +$256K |
|
1449
Restaurant Brands International
QSR
$25.7B
| $5.12M | ﹤0.01% |
84,423
+18,018
| +27% | +$1.06M |
|
1450
John Hancock Multifactor Small Cap ETF
JHSC
$722M
| $5.12M | ﹤0.01% |
141,257
-19,235
| -12% | -$694K |
|
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.