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 | |
|---|---|---|---|---|---|---|
1676
State Street SPDR S&P Emerging Markets Dividend ETF
EDIV
$1.22B
| $3.38M | ﹤0.01% |
115,883
+13,840
| +14% | +$415K |
|
1677
CBRE Group
CBRE
$42.6B
| $3.38M | ﹤0.01% |
36,910
-269
| -0.7% | -$26.2K |
|
1678
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $3.38M | ﹤0.01% |
93,746
-31,847
| -25% | -$1.16M |
|
1679
Qorvo
QRVO
$7.87B
| $3.37M | ﹤0.01% |
27,135
+2,166
| +9% | +$293K |
|
1680
Nuveen Municipal Credit Income Fund
NZF
$2.41B
| $3.36M | ﹤0.01% |
230,214
-36,830
| -14% | -$569K |
|
1681
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.87B
| $3.35M | ﹤0.01% |
70,656
-426
| -0.6% | -$19K |
|
1682
First Horizon
FHN
$12.3B
| $3.35M | ﹤0.01% |
142,561
+35,673
| +33% | +$712K |
|
1683
EQT Corp
EQT
$33.3B
| $3.34M | ﹤0.01% |
97,138
+35,292
| +57% | +$861K |
|
1684
Toro Company
TTC
$9.01B
| $3.34M | ﹤0.01% |
39,087
+2,870
| +8% | +$267K |
|
1685
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$724M
| $3.34M | ﹤0.01% |
99,269
-9,766
| -9% | -$332K |
|
1686
Corpay
CPAY
$25.4B
| $3.34M | ﹤0.01% |
13,396
+4,309
| +47% | +$1.02M |
|
1687
Synchrony
SYF
$25.2B
| $3.33M | ﹤0.01% |
95,763
-6,779
| -7% | -$284K |
|
1688
Fidelity Low Volatility Factor ETF
FDLO
$1.44B
| $3.33M | ﹤0.01% |
66,639
-60,415
| -48% | -$2.96M |
|
1689
STMicroelectronics
STM
$45.5B
| $3.33M | ﹤0.01% |
77,083
-38,254
| -33% | -$1.69M |
|
1690
Sibanye-Stillwater
SBSW
$6.09B
| $3.33M | ﹤0.01% |
204,855
+181,754
| +787% | +$2.94M |
|
1691
American Homes 4 Rent
AMH
$12.2B
| $3.31M | ﹤0.01% |
82,755
-26,649
| -24% | -$1.05M |
|
1692
Crane NXT
CXT
$3.03B
| $3.31M | ﹤0.01% |
87,913
-10,825
| -11% | -$390K |
|
|
ARI
1693
Apollo Commercial Real Estate
ARI
$879M
| $3.29M | ﹤0.01% |
236,568
+12,344
| +6% | +$166K |
|
|
EMD
1694
Western Asset Emerging Markets Debt Fund
EMD
$609M
| $3.29M | ﹤0.01% |
306,630
+8,181
| +3% | +$92.3K |
|
|
BSMN
1695
DELISTED
Invesco BulletShares 2023 Municipal Bond ETF
BSMN
| $3.28M | ﹤0.01% |
130,174
+89,554
| +220% | +$2.27M |
|
|
RCS
1696
PIMCO Strategic Income Fund
RCS
$244M
| $3.28M | ﹤0.01% |
557,572
+8,016
| +1% | +$49.3K |
|
1697
Global X Adaptive US Risk Management ETF
ONOF
$137M
| $3.27M | ﹤0.01% |
124,122
+11,495
| +10% | +$317K |
|
|
IBHD
1698
DELISTED
iShares iBonds 2024 Term High Yield and Income ETF
IBHD
| $3.27M | ﹤0.01% |
137,643
+33,734
| +32% | +$809K |
|
|
BSMO
1699
DELISTED
Invesco BulletShares 2024 Municipal Bond ETF
BSMO
| $3.26M | ﹤0.01% |
130,723
+61,628
| +89% | +$1.56M |
|
1700
BNY Mellon US Large Cap Core Equity ETF
BKLC
$5.51B
| $3.25M | ﹤0.01% |
114,828
+28,614
| +33% | +$795K |
|
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.