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 | |
|---|---|---|---|---|---|---|
|
HBI
1651
DELISTED
Hanesbrands
HBI
| $3.69M | ﹤0.01% |
220,893
+25,162
| +13% | +$428K |
|
1652
Jackson Financial
JXN
$8.53B
| $3.69M | ﹤0.01% |
+88,227
| New | +$2.89M |
|
|
ETG
1653
Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
$1.8B
| $3.69M | ﹤0.01% |
162,253
+17,937
| +12% | +$396K |
|
|
FINS
1654
Angel Oak Financial Strategies Income Term Trust
FINS
$418M
| $3.68M | ﹤0.01% |
215,742
-57,079
| -21% | -$960K |
|
|
ZTR
1655
Virtus Total Return Fund
ZTR
$340M
| $3.68M | ﹤0.01% |
387,841
+27,388
| +8% | +$260K |
|
1656
Amcor
AMCR
$20.8B
| $3.68M | ﹤0.01% |
61,272
+38,191
| +165% | +$2.27M |
|
1657
Sensata Technologies
ST
$6.74B
| $3.68M | ﹤0.01% |
59,621
-2,910
| -5% | -$169K |
|
|
ARTY
1658
iShares Future AI & Tech ETF
ARTY
$3.49B
| $3.67M | ﹤0.01% |
88,694
+9,751
| +12% | +$427K |
|
1659
VanEck Low Carbon Energy ETF
SMOG
$129M
| $3.67M | ﹤0.01% |
22,906
-668
| -3% | -$110K |
|
1660
Progress Software
PRGS
$1.66B
| $3.67M | ﹤0.01% |
75,952
+60,205
| +382% | +$3M |
|
1661
ClearBridge Dividend Strategy ESG ETF
YLDE
$169M
| $3.66M | ﹤0.01% |
84,320
+74,699
| +776% | +$3.14M |
|
|
GRMN
1662
Garmin
GRMN
$56.7B
| $3.65M | ﹤0.01% |
26,837
-7,088
| -21% | -$1.02M |
|
1663
iShares MSCI Global Sustainable Development Goals ETF
SDG
$169M
| $3.65M | ﹤0.01% |
40,222
+610
| +2% | +$57K |
|
|
FAM
1664
DELISTED
First Trust/abrdn Global Opportunity Income Fund
FAM
| $3.65M | ﹤0.01% |
379,137
+1,600
| +0.4% | +$16K |
|
|
CAJ
1665
DELISTED
Canon, Inc.
CAJ
| $3.64M | ﹤0.01% |
148,951
+17,308
| +13% | +$407K |
|
1666
Toro Company
TTC
$8.75B
| $3.62M | ﹤0.01% |
36,217
-507
| -1% | -$50.5K |
|
|
CCD
1667
Calamos Dynamic Convertible & Income Fund
CCD
$707M
| $3.6M | ﹤0.01% |
114,457
+5,984
| +6% | +$189K |
|
1668
STAG Industrial
STAG
$7.38B
| $3.6M | ﹤0.01% |
75,121
+19,433
| +35% | +$847K |
|
1669
Invesco Food & Beverage ETF
PBJ
$108M
| $3.6M | ﹤0.01% |
79,761
+7,938
| +11% | +$343K |
|
1670
W.R. Berkley
WRB
$26.9B
| $3.59M | ﹤0.01% |
98,147
+36,978
| +60% | +$1.31M |
|
1671
FlexShares STOXX US ESG Select Index Fund
ESG
$132M
| $3.58M | ﹤0.01% |
30,828
+12,384
| +67% | +$1.39M |
|
1672
Revvity
RVTY
$12.6B
| $3.58M | ﹤0.01% |
17,798
+671
| +4% | +$121K |
|
1673
Leggett & Platt
LEG
$1.34B
| $3.57M | ﹤0.01% |
86,758
+16,119
| +23% | +$700K |
|
1674
First Solar
FSLR
$22.7B
| $3.56M | ﹤0.01% |
40,876
+5,762
| +16% | +$593K |
|
|
DEX
1675
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
| $3.56M | ﹤0.01% |
350,581
+20,708
| +6% | +$209K |
|
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.