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 | |
|---|---|---|---|---|---|---|
1501
Columbia Multi-Sector Municipal Income ETF
MUST
$593M
| $4.67M | ﹤0.01% |
207,710
+9,253
| +5% | +$208K |
|
1502
Evergy
EVRG
$19.1B
| $4.65M | ﹤0.01% |
67,734
+2,856
| +4% | +$186K |
|
1503
Academy Sports + Outdoors
ASO
$2.94B
| $4.64M | ﹤0.01% |
105,752
+4,099
| +4% | +$178K |
|
1504
Invesco International Dividend Achievers ETF
PID
$926M
| $4.64M | ﹤0.01% |
251,462
-6,017
| -2% | -$109K |
|
1505
Defiance Quantum ETF
QTUM
$5.23B
| $4.64M | ﹤0.01% |
83,114
+7,914
| +11% | +$428K |
|
1506
Hercules Capital
HTGC
$3.07B
| $4.63M | ﹤0.01% |
279,245
-13,622
| -5% | -$231K |
|
|
JHMH
1507
DELISTED
John Hancock Multifactor Healthcare ETF
JHMH
| $4.63M | ﹤0.01% |
89,335
-85,933
| -49% | -$4.26M |
|
1508
iShares Genomics Immunology and Healthcare ETF
IDNA
$191M
| $4.62M | ﹤0.01% |
105,489
+4,420
| +4% | +$209K |
|
1509
MDU Resources
MDU
$4.17B
| $4.59M | ﹤0.01% |
391,769
+14,162
| +4% | +$160K |
|
1510
Sixth Street Specialty
TSLX
$1.63B
| $4.59M | ﹤0.01% |
196,307
+29,351
| +18% | +$689K |
|
1511
iShares High Yield Systematic Bond ETF
HYDB
$1.61B
| $4.59M | ﹤0.01% |
89,312
+1,380
| +2% | +$70.9K |
|
1512
WisdomTree India Earnings Fund ETF
EPI
$2.06B
| $4.58M | ﹤0.01% |
125,593
+4,506
| +4% | +$168K |
|
1513
ProShares Short 20+ Year Treasury ETF
TBF
$87.9M
| $4.58M | ﹤0.01% |
286,087
-182,599
| -39% | -$2.96M |
|
1514
Nuveen Municipal Credit Income Fund
NZF
$2.4B
| $4.57M | ﹤0.01% |
267,044
-626
| -0.2% | -$10.6K |
|
1515
Check Point Software Technologies
CHKP
$13B
| $4.56M | ﹤0.01% |
39,137
-10,073
| -20% | -$1.17M |
|
1516
VanEck India Growth Leaders ETF
GLIN
$96.2M
| $4.56M | ﹤0.01% |
107,833
+73,423
| +213% | +$3.06M |
|
1517
LeaderShares AlphaFactor Tactical Focused ETF
LSAT
$64.7M
| $4.56M | ﹤0.01% |
127,862
+43,914
| +52% | +$1.57M |
|
1518
iShares Global Materials ETF
MXI
$338M
| $4.55M | ﹤0.01% |
50,332
+2,652
| +6% | +$236K |
|
1519
Rambus
RMBS
$9.87B
| $4.55M | ﹤0.01% |
154,838
+2,494
| +2% | +$63.4K |
|
1520
Fulgent Genetics
FLGT
$470M
| $4.51M | ﹤0.01% |
44,864
+802
| +2% | +$70.5K |
|
1521
WisdomTree Enhanced Commodity Strategy Fund
GCC
$270M
| $4.49M | ﹤0.01% |
215,667
-65,942
| -23% | -$1.39M |
|
1522
Steel Dynamics
STLD
$36B
| $4.49M | ﹤0.01% |
72,296
+9,938
| +16% | +$622K |
|
1523
Cardinal Health
CAH
$53.9B
| $4.48M | ﹤0.01% |
87,030
+2,105
| +2% | +$103K |
|
1524
Jack Henry & Associates
JKHY
$10.9B
| $4.48M | ﹤0.01% |
26,797
+4,608
| +21% | +$746K |
|
1525
Fortive
FTV
$17.9B
| $4.48M | ﹤0.01% |
77,864
+19,209
| +33% | +$1.09M |
|
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.