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 | |
|---|---|---|---|---|---|---|
|
EMD
1626
Western Asset Emerging Markets Debt Fund
EMD
$609M
| $3.82M | ﹤0.01% |
298,449
+20,984
| +8% | +$279K |
|
1627
The 3D Printing ETF
PRNT
$59.5M
| $3.82M | ﹤0.01% |
111,381
-64,054
| -37% | -$2.29M |
|
1628
Fidelity International High Dividend ETF
FIDI
$362M
| $3.82M | ﹤0.01% |
185,483
-2,489
| -1% | -$51.7K |
|
1629
Dick's Sporting Goods
DKS
$17.5B
| $3.81M | ﹤0.01% |
33,175
-16,828
| -34% | -$2.02M |
|
1630
Invesco S&P 500 Value with Momentum ETF
SPVM
$129M
| $3.81M | ﹤0.01% |
73,885
+7,351
| +11% | +$373K |
|
1631
Veritone
VERI
$101M
| $3.81M | ﹤0.01% |
169,343
+18,674
| +12% | +$479K |
|
1632
Tandem Diabetes Care
TNDM
$1.34B
| $3.8M | ﹤0.01% |
25,234
-3,730
| -13% | -$503K |
|
1633
iShares Asia 50 ETF
AIA
$4.6B
| $3.8M | ﹤0.01% |
49,592
-2,211
| -4% | -$175K |
|
|
ASG
1634
Liberty All-Star Growth Fund
ASG
$328M
| $3.8M | ﹤0.01% |
421,918
+6,248
| +2% | +$56.8K |
|
1635
Goodyear
GT
$2B
| $3.79M | ﹤0.01% |
177,967
-801
| -0.4% | -$16.6K |
|
1636
Royal Gold
RGLD
$16.8B
| $3.79M | ﹤0.01% |
36,050
+3,402
| +10% | +$343K |
|
1637
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.34B
| $3.78M | ﹤0.01% |
44,862
+5,380
| +14% | +$452K |
|
1638
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.84B
| $3.78M | ﹤0.01% |
71,082
+3,814
| +6% | +$220K |
|
1639
iShares MSCI Emerging Markets Small-Cap ETF
EEMS
$349M
| $3.77M | ﹤0.01% |
62,679
+19,825
| +46% | +$1.21M |
|
1640
JPMorgan BetaBuilders Europe ETF
BBEU
$9.35B
| $3.77M | ﹤0.01% |
63,113
+14,325
| +29% | +$846K |
|
|
JRO
1641
DELISTED
Nuveen Floating Rate Income Opportunty Fund
JRO
| $3.75M | ﹤0.01% |
370,637
+111,242
| +43% | +$1.12M |
|
1642
Nexstar Media Group
NXST
$5.82B
| $3.75M | ﹤0.01% |
24,835
+2,565
| +12% | +$398K |
|
1643
Golub Capital BDC
GBDC
$3.34B
| $3.73M | ﹤0.01% |
241,781
+31,011
| +15% | +$480K |
|
|
RCS
1644
PIMCO Strategic Income Fund
RCS
$244M
| $3.73M | ﹤0.01% |
549,556
+107,579
| +24% | +$772K |
|
1645
iShares iBonds Dec 2028 Term Corporate ETF
IBDT
$4.06B
| $3.72M | ﹤0.01% |
131,594
+9,569
| +8% | +$272K |
|
1646
Pultegroup
PHM
$24.1B
| $3.72M | ﹤0.01% |
65,086
+8,886
| +16% | +$456K |
|
1647
Invesco DB Base Metals Fund
DBB
$312M
| $3.72M | ﹤0.01% |
166,952
+36,557
| +28% | +$786K |
|
1648
SolarEdge
SEDG
$2.51B
| $3.71M | ﹤0.01% |
13,204
+487
| +4% | +$154K |
|
1649
Rollins
ROL
$18.3B
| $3.7M | ﹤0.01% |
108,151
+41,846
| +63% | +$1.46M |
|
1650
VanEck Social Sentiment ETF
BUZZ
$90.5M
| $3.7M | ﹤0.01% |
158,699
+5,516
| +4% | +$138K |
|
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.