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 | |
|---|---|---|---|---|---|---|
|
HQL
1601
abrdn Life Sciences Investors
HQL
$581M
| $3.99M | ﹤0.01% |
207,710
+60,486
| +41% | +$1.22M |
|
1602
Invesco Dorsey Wright Utilities Momentum ETF
PUI
$54.7M
| $3.98M | ﹤0.01% |
111,513
+9,198
| +9% | +$314K |
|
1603
Raymond James Financial
RJF
$33.8B
| $3.98M | ﹤0.01% |
39,662
-1,063
| -3% | -$105K |
|
1604
Schwab Fundamental US Small Company Index ETF
FNDA
$9.12B
| $3.98M | ﹤0.01% |
143,004
+35,386
| +33% | +$975K |
|
1605
State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
$503M
| $3.97M | ﹤0.01% |
94,574
+256
| +0.3% | +$10.8K |
|
1606
ArcelorMittal
MT
$52.9B
| $3.97M | ﹤0.01% |
124,597
+14,732
| +13% | +$457K |
|
1607
Alexandria Real Estate Equities
ARE
$8.97B
| $3.96M | ﹤0.01% |
17,764
+2,426
| +16% | +$502K |
|
1608
Infosys
INFY
$48.7B
| $3.96M | ﹤0.01% |
156,515
-108,235
| -41% | -$2.52M |
|
1609
iShares International Dividend Growth ETF
IGRO
$1.3B
| $3.96M | ﹤0.01% |
58,387
+147
| +0.3% | +$9.83K |
|
1610
SiteOne Landscape Supply
SITE
$4.12B
| $3.96M | ﹤0.01% |
16,335
+1,865
| +13% | +$431K |
|
1611
Equity Residential
EQR
$24.9B
| $3.96M | ﹤0.01% |
43,705
-52
| -0.1% | -$4.47K |
|
1612
CRISPR Therapeutics
CRSP
$4.73B
| $3.95M | ﹤0.01% |
52,132
-3,286
| -6% | -$287K |
|
1613
Dynatrace
DT
$12.9B
| $3.94M | ﹤0.01% |
65,287
+703
| +1% | +$47.9K |
|
1614
iShares Europe ETF
IEV
$1.67B
| $3.94M | ﹤0.01% |
72,381
-2,317
| -3% | -$125K |
|
|
BLCN
1615
DELISTED
Siren ETF Trust Siren NexGen Economy ETF
BLCN
| $3.92M | ﹤0.01% |
92,242
+6,244
| +7% | +$293K |
|
1616
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.22B
| $3.92M | ﹤0.01% |
91,943
+6,686
| +8% | +$281K |
|
1617
Service Corp International
SCI
$11.7B
| $3.91M | ﹤0.01% |
55,076
+12,825
| +30% | +$852K |
|
1618
Qorvo
QRVO
$7.99B
| $3.9M | ﹤0.01% |
24,969
-3,630
| -13% | -$577K |
|
|
SEE
1619
DELISTED
Sealed Air
SEE
| $3.9M | ﹤0.01% |
57,827
+11,585
| +25% | +$720K |
|
1620
Unum
UNM
$13.6B
| $3.89M | ﹤0.01% |
158,353
+10,042
| +7% | +$257K |
|
1621
XPeng
XPEV
$12.4B
| $3.88M | ﹤0.01% |
77,166
-1,040
| -1% | -$46.9K |
|
1622
Olin
OLN
$2.11B
| $3.88M | ﹤0.01% |
67,430
+1,976
| +3% | +$111K |
|
1623
Innovator US Equity Buffer ETF April
BAPR
$407M
| $3.85M | ﹤0.01% |
115,479
-2,587
| -2% | -$84.9K |
|
1624
BlackRock Resources & Commodities Strategy Trust
BCX
$919M
| $3.84M | ﹤0.01% |
410,716
+40,669
| +11% | +$379K |
|
1625
Invesco Value Municipal Income Trust
IIM
$589M
| $3.84M | ﹤0.01% |
225,196
+14,855
| +7% | +$244K |
|
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.