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 | |
|---|---|---|---|---|---|---|
1676
Manulife Financial
MFC
$73.9B
| $3.55M | ﹤0.01% |
186,031
-13,215
| -7% | -$256K |
|
1677
ResMed
RMD
$30.6B
| $3.55M | ﹤0.01% |
13,621
-5,033
| -27% | -$1.31M |
|
1678
iShares GNMA Bond ETF
GNMA
$421M
| $3.55M | ﹤0.01% |
71,311
+1,074
| +2% | +$53.5K |
|
|
FSCS
1679
First Trust SMID Capital Strength ETF
FSCS
$58M
| $3.54M | ﹤0.01% |
116,749
+17,945
| +18% | +$535K |
|
1680
LKQ Corp
LKQ
$5.68B
| $3.54M | ﹤0.01% |
58,964
+14,208
| +32% | +$802K |
|
1681
Hartford Municipal Opportunities ETF
HMOP
$777M
| $3.53M | ﹤0.01% |
84,378
+27,411
| +48% | +$1.15M |
|
1682
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.31B
| $3.53M | ﹤0.01% |
23,196
+8,923
| +63% | +$1.35M |
|
1683
Janus Henderson Small Cap Growth Alpha ETF
JSML
$361M
| $3.52M | ﹤0.01% |
54,164
+5,740
| +12% | +$377K |
|
1684
Wheaton Precious Metals
WPM
$49.5B
| $3.52M | ﹤0.01% |
81,989
+1,596
| +2% | +$65.7K |
|
1685
Pacer American Energy Infrastructure ETF
USAI
$128M
| $3.52M | ﹤0.01% |
150,146
+12,128
| +9% | +$298K |
|
1686
Global X Aging Population ETF
AGNG
$87.4M
| $3.52M | ﹤0.01% |
122,060
+9,723
| +9% | +$282K |
|
1687
Commerce Bancshares
CBSH
$8.53B
| $3.52M | ﹤0.01% |
62,161
+249
| +0.4% | +$14K |
|
1688
Lincoln National
LNC
$8.73B
| $3.51M | ﹤0.01% |
51,456
+1,762
| +4% | +$124K |
|
1689
Global X Adaptive US Risk Management ETF
ONOF
$138M
| $3.51M | ﹤0.01% |
112,627
+8,671
| +8% | +$261K |
|
|
NCV
1690
Virtus Convertible & Income Fund
NCV
$378M
| $3.5M | ﹤0.01% |
150,194
+1,458
| +1% | +$35K |
|
1691
Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
$237M
| $3.5M | ﹤0.01% |
135,791
+47,045
| +53% | +$1.17M |
|
1692
Crane NXT
CXT
$2.99B
| $3.49M | ﹤0.01% |
98,738
+2,133
| +2% | +$74.2K |
|
1693
Ubiquiti
UI
$33.7B
| $3.49M | ﹤0.01% |
11,368
-147
| -1% | -$44.8K |
|
1694
iShares MSCI Switzerland ETF
EWL
$2.19B
| $3.47M | ﹤0.01% |
65,863
-115,561
| -64% | -$5.79M |
|
1695
F5
FFIV
$22.9B
| $3.46M | ﹤0.01% |
14,151
-917
| -6% | -$204K |
|
|
CYBR
1696
DELISTED
CyberArk
CYBR
| $3.46M | ﹤0.01% |
19,868
+1,523
| +8% | +$267K |
|
|
DOC
1697
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $3.46M | ﹤0.01% |
183,495
+55
| +0% | +$1.01K |
|
1698
Fidelity MSCI Real Estate Index ETF
FREL
$1.5B
| $3.45M | ﹤0.01% |
99,412
+20,780
| +26% | +$677K |
|
1699
iShares US Small Cap Value Factor ETF
SVAL
$201M
| $3.44M | ﹤0.01% |
107,682
-3,642
| -3% | -$115K |
|
1700
WisdomTree US AI Enhanced Value Fund
AIVL
$428M
| $3.44M | ﹤0.01% |
34,015
-2,494
| -7% | -$243K |
|
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.