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 | |
|---|---|---|---|---|---|---|
1526
Mohawk Industries
MHK
$7.5B
| $4.47M | ﹤0.01% |
24,538
+2,370
| +11% | +$423K |
|
1527
UDR
UDR
$12.3B
| $4.46M | ﹤0.01% |
74,400
+5,995
| +9% | +$337K |
|
1528
Avery Dennison
AVY
$13B
| $4.46M | ﹤0.01% |
20,601
+531
| +3% | +$114K |
|
1529
Fidelity Value Factor ETF
FVAL
$1.3B
| $4.45M | ﹤0.01% |
85,450
-47,647
| -36% | -$2.4M |
|
1530
Celanese
CE
$4.9B
| $4.44M | ﹤0.01% |
26,434
+989
| +4% | +$161K |
|
1531
SAP
SAP
$212B
| $4.44M | ﹤0.01% |
31,705
-1,655
| -5% | -$231K |
|
1532
XPO
XPO
$23.5B
| $4.42M | ﹤0.01% |
96,057
-17,581
| -15% | -$817K |
|
|
FM
1533
DELISTED
iShares Frontier and Select EM ETF
FM
| $4.41M | ﹤0.01% |
127,773
+48,417
| +61% | +$1.69M |
|
1534
JPMorgan US Quality Factor ETF
JQUA
$8.21B
| $4.41M | ﹤0.01% |
96,874
-463
| -0.5% | -$20.2K |
|
1535
Azenta
AZTA
$1.3B
| $4.41M | ﹤0.01% |
42,729
+3,034
| +8% | +$329K |
|
1536
Invesco DB Oil Fund
DBO
$403M
| $4.4M | ﹤0.01% |
324,932
-20,153
| -6% | -$284K |
|
1537
CenterPoint Energy
CNP
$27.7B
| $4.4M | ﹤0.01% |
157,514
-13,320
| -8% | -$356K |
|
1538
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$724M
| $4.39M | ﹤0.01% |
109,035
-60,983
| -36% | -$2.41M |
|
|
CIK
1539
Credit Suisse Asset Management Income Fund
CIK
$134M
| $4.38M | ﹤0.01% |
1,277,400
-3,242
| -0.3% | -$11.2K |
|
1540
Amplify AI Powered Equity ETF
AIEQ
$120M
| $4.37M | ﹤0.01% |
104,306
+24,259
| +30% | +$1.03M |
|
1541
OneMain Financial
OMF
$7.2B
| $4.36M | ﹤0.01% |
87,177
+4,136
| +5% | +$219K |
|
1542
Snap-on
SNA
$21.2B
| $4.35M | ﹤0.01% |
20,189
+2,425
| +14% | +$518K |
|
|
PCN
1543
PIMCO Corporate & Income Strategy Fund
PCN
$870M
| $4.34M | ﹤0.01% |
253,436
+7,346
| +3% | +$132K |
|
|
QVMT
1544
Invesco S&P 500 Concentrated QVM ETF
QVMT
$130M
| $4.34M | ﹤0.01% |
97,599
+6,806
| +7% | +$295K |
|
1545
Bunge Global
BG
$20.4B
| $4.33M | ﹤0.01% |
46,415
-7,048
| -13% | -$629K |
|
1546
Packaging Corp of America
PKG
$21.9B
| $4.33M | ﹤0.01% |
31,812
+1,307
| +4% | +$176K |
|
1547
Nuveen ESG Mid-Cap Value ETF
NUMV
$444M
| $4.33M | ﹤0.01% |
117,133
+47,228
| +68% | +$1.8M |
|
1548
iShares Agency Bond ETF
AGZ
$558M
| $4.32M | ﹤0.01% |
36,844
-10,508
| -22% | -$1.24M |
|
1549
iShares Micro-Cap ETF
IWC
$1.44B
| $4.3M | ﹤0.01% |
30,812
-135
| -0.4% | -$19.6K |
|
|
CTXS
1550
DELISTED
Citrix Systems Inc
CTXS
| $4.29M | ﹤0.01% |
45,361
-5,924
| -12% | -$541K |
|
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.