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 | |
|---|---|---|---|---|---|---|
|
BSJP
1476
DELISTED
Invesco BulletShares 2025 High Yield Corporate Bond ETF
BSJP
| $4.9M | ﹤0.01% |
199,462
+22,084
| +12% | +$541K |
|
1477
AdvisorShares Pure US Cannabis ETF
MSOS
$858M
| $4.87M | ﹤0.01% |
190,392
+61,222
| +47% | +$1.69M |
|
1478
iShares US Pharmaceuticals ETF
IHE
$1.46B
| $4.85M | ﹤0.01% |
72,930
-1,167
| -2% | -$74K |
|
1479
iShares Emerging Markets Dividend ETF
DVYE
$1.22B
| $4.82M | ﹤0.01% |
125,279
+898
| +0.7% | +$34.7K |
|
1480
Invesco S&P SmallCap Quality ETF
XSHQ
$252M
| $4.82M | ﹤0.01% |
123,138
+12,912
| +12% | +$501K |
|
|
AOD
1481
abrdn Total Dynamic Dividend Fund
AOD
$1.11B
| $4.82M | ﹤0.01% |
471,643
+22,885
| +5% | +$229K |
|
1482
Alaska Air
ALK
$5.29B
| $4.82M | ﹤0.01% |
92,465
-1,111
| -1% | -$60.1K |
|
1483
iShares Global Infrastructure ETF
IGF
$10.9B
| $4.8M | ﹤0.01% |
100,940
+2,708
| +3% | +$127K |
|
|
WRK
1484
DELISTED
WestRock Company
WRK
| $4.79M | ﹤0.01% |
107,879
-8,125
| -7% | -$382K |
|
1485
LeaderShares AlphaFactor US Core Equity ETF
LSAF
$123M
| $4.78M | ﹤0.01% |
136,620
+47,548
| +53% | +$1.62M |
|
|
SBNY
1486
DELISTED
Signature Bank
SBNY
| $4.78M | ﹤0.01% |
14,772
+468
| +3% | +$146K |
|
1487
American Homes 4 Rent
AMH
$12B
| $4.77M | ﹤0.01% |
109,404
+9,951
| +10% | +$404K |
|
|
EVV
1488
Eaton Vance Limited Duration Income Fund
EVV
$1.06B
| $4.77M | ﹤0.01% |
363,963
-105,347
| -22% | -$1.39M |
|
1489
Synchrony
SYF
$24.7B
| $4.76M | ﹤0.01% |
102,542
+5,771
| +6% | +$277K |
|
1490
WisdomTree International Equity Fund
DWM
$679M
| $4.75M | ﹤0.01% |
87,808
+7,521
| +9% | +$403K |
|
1491
NetApp
NTAP
$35B
| $4.74M | ﹤0.01% |
51,570
+13,835
| +37% | +$1.25M |
|
1492
Invesco Pharmaceuticals ETF
PJP
$442M
| $4.74M | ﹤0.01% |
58,462
-783
| -1% | -$61.9K |
|
|
P
1493
Everpure Inc
P
$25.7B
| $4.74M | ﹤0.01% |
145,677
+26,391
| +22% | +$766K |
|
1494
CDW
CDW
$18.9B
| $4.72M | ﹤0.01% |
23,039
+1,801
| +8% | +$342K |
|
|
HEES
1495
DELISTED
H&E Equipment Services
HEES
| $4.71M | ﹤0.01% |
106,514
+99,358
| +1,388% | +$4.34M |
|
1496
OGE Energy
OGE
$9.78B
| $4.71M | ﹤0.01% |
122,679
+1,357
| +1% | +$47.5K |
|
1497
nVent Electric
NVT
$24.9B
| $4.69M | ﹤0.01% |
123,383
+516
| +0.4% | +$18.3K |
|
|
QQQN
1498
DELISTED
VictoryShares Nasdaq Next 50 ETF
QQQN
| $4.68M | ﹤0.01% |
136,880
+5,110
| +4% | +$175K |
|
|
RFI
1499
Cohen & Steers Total Return Realty Fund
RFI
$308M
| $4.68M | ﹤0.01% |
272,588
+10,614
| +4% | +$178K |
|
1500
Invesco BulletShares 2026 Corporate Bond ETF
BSCQ
$3.66B
| $4.68M | ﹤0.01% |
221,022
+121,313
| +122% | +$2.57M |
|
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.