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 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$757M |
| 2 |
State Street Blackstone Senior Loan ETF
SRLN
|
+$687M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$513M |
| 4 |
iShares Core MSCI EAFE ETF
IEFA
|
+$300M |
| 5 |
iShares Core Universal USD Bond ETF
IUSB
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$521M |
| 2 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$436M |
| 3 |
Dimensional US Core Equity 2 ETF
DFAC
|
+$391M |
| 4 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$373M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$216M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.35% |
| 2 | Financials | 3.13% |
| 3 | Consumer Discretionary | 2.91% |
| 4 | Healthcare | 2.88% |
| 5 | Industrials | 2.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1576
State Street SPDR S&P Retail ETF
XRT
$449M
| $4.05M | ﹤0.01% |
53,561
-92,749
| -63% | -$7.38M |
|
|
IBMN
1577
DELISTED
iShares iBonds Dec 2025 Term Muni Bond ETF
IBMN
| $4.03M | ﹤0.01% |
151,151
+45,090
| +43% | +$1.23M |
|
1578
First Solar
FSLR
$22.7B
| $4.02M | ﹤0.01% |
48,057
+7,181
| +18% | +$550K |
|
1579
iShares US Insurance ETF
IAK
$508M
| $4.01M | ﹤0.01% |
44,015
+32,599
| +286% | +$2.82M |
|
1580
Cornerstone Strategic Value Fund
CLM
$2.22B
| $4M | ﹤0.01% |
288,751
+96,195
| +50% | +$1.33M |
|
1581
BlackRock Corporate High Yield Fund
HYT
$1.36B
| $3.99M | ﹤0.01% |
370,284
+29,237
| +9% | +$322K |
|
1582
Cameco
CCJ
$37.6B
| $3.99M | ﹤0.01% |
136,986
+20,039
| +17% | +$470K |
|
1583
iShares iBonds Dec 2028 Term Corporate ETF
IBDT
$4.06B
| $3.98M | ﹤0.01% |
151,301
+19,707
| +15% | +$536K |
|
1584
EXL Service
EXLS
$5.14B
| $3.98M | ﹤0.01% |
136,790
+72,500
| +113% | +$1.84M |
|
1585
InMode
INMD
$870M
| $3.96M | ﹤0.01% |
107,291
+49,491
| +86% | +$2.22M |
|
1586
First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF
FTHI
$2.39B
| $3.96M | ﹤0.01% |
172,677
-18,099
| -9% | -$402K |
|
1587
WBI Power Factor High Dividend ETF
WBIY
$62.5M
| $3.94M | ﹤0.01% |
136,472
-63,234
| -32% | -$1.8M |
|
1588
MDU Resources
MDU
$4.17B
| $3.94M | ﹤0.01% |
388,381
-3,388
| -0.9% | -$35.9K |
|
|
PCN
1589
PIMCO Corporate & Income Strategy Fund
PCN
$870M
| $3.93M | ﹤0.01% |
249,790
-3,646
| -1% | -$57.8K |
|
1590
Azenta
AZTA
$1.3B
| $3.93M | ﹤0.01% |
47,577
+4,848
| +11% | +$416K |
|
1591
VanEck Mortgage REIT Income ETF
MORT
$360M
| $3.93M | ﹤0.01% |
229,895
-49,675
| -18% | -$851K |
|
1592
Wheaton Precious Metals
WPM
$49.5B
| $3.91M | ﹤0.01% |
82,218
+229
| +0.3% | +$9.96K |
|
1593
CapForce IBD 50 ETF
FFTY
$79.5M
| $3.89M | ﹤0.01% |
99,512
-19,542
| -16% | -$758K |
|
|
SEE
1594
DELISTED
Sealed Air
SEE
| $3.89M | ﹤0.01% |
58,069
+242
| +0.4% | +$16.1K |
|
1595
Rollins
ROL
$18.3B
| $3.87M | ﹤0.01% |
110,406
+2,255
| +2% | +$73.2K |
|
|
ETG
1596
Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
$1.8B
| $3.87M | ﹤0.01% |
187,821
+25,568
| +16% | +$522K |
|
1597
JPMorgan Diversified Return US Mid Cap Equity ETF
JPME
$465M
| $3.85M | ﹤0.01% |
41,179
+5,607
| +16% | +$512K |
|
|
CYBR
1598
DELISTED
CyberArk
CYBR
| $3.85M | ﹤0.01% |
22,649
+2,781
| +14% | +$422K |
|
1599
iShares MSCI Emerging Markets Small-Cap ETF
EEMS
$349M
| $3.85M | ﹤0.01% |
67,496
+4,817
| +8% | +$276K |
|
1600
Nuveen ESG High Yield Corporate Bond ETF
NUHY
$111M
| $3.83M | ﹤0.01% |
165,805
+39,632
| +31% | +$930K |
|
Similar funds
LPL Financial's Q1 2022 Portfolio in Review
As of Q1 2022, LPL Financial held 4,507 positions worth $116B, down 2.3% from $119B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial's Q1 2022 filing shows 176 new, 2,291 increased, 1,601 reduced and 331 closed positions. Its largest new stake was Janus Henderson AAA CLO ETF: 212,587 shares worth $10.7M. The largest sale was iShares Core MSCI Emerging Markets ETF, an estimated $521M.
By sector, the portfolio is most concentrated in Technology at 6.3% of assets, down from 6.8% a quarter earlier, followed by Financials and Consumer Discretionary.
- LPL Financial's largest Q1 2022 buy was Janus Henderson AAA CLO ETF: 212,587 shares worth $10.7M.
- LPL Financial added most to Vanguard Morningstar Total Stock Market ETF in Q1 2022, an estimated $757M increase.
- LPL Financial's biggest Q1 2022 reduction was iShares Core MSCI Emerging Markets ETF, cutting an estimated $521M.
- LPL Financial fully exited Dimensional US Core Equity 2 ETF in Q1 2022, selling an estimated $391M.
- LPL Financial's ten largest holdings make up 19% of its $116B portfolio in Q1 2022.
- LPL Financial opened 176 new positions and closed 331 in Q1 2022.
- LPL Financial's portfolio value fell 2.3% quarter-over-quarter to $116B.
Based on LPL Financial's 13F filing for Q1 2022, filed 16 May 2022.