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 | |
|---|---|---|---|---|---|---|
1701
Kornit Digital
KRNT
$705M
| $3.44M | ﹤0.01% |
22,575
+25
| +0.1% | +$3.85K |
|
1702
iShares MSCI Spain ETF
EWP
$2.11B
| $3.44M | ﹤0.01% |
130,741
-336,890
| -72% | -$9.05M |
|
1703
Amdocs
DOX
$5.92B
| $3.43M | ﹤0.01% |
45,849
+5,918
| +15% | +$444K |
|
1704
Global X E-commerce ETF
EBIZ
$28.4M
| $3.43M | ﹤0.01% |
124,846
+4,853
| +4% | +$145K |
|
1705
Otter Tail
OTTR
$3.71B
| $3.42M | ﹤0.01% |
47,950
+8,057
| +20% | +$520K |
|
1706
Exponent
EXPO
$3.24B
| $3.4M | ﹤0.01% |
29,148
+3,078
| +12% | +$362K |
|
1707
JPMorgan Diversified Return US Mid Cap Equity ETF
JPME
$465M
| $3.39M | ﹤0.01% |
35,572
+1,787
| +5% | +$165K |
|
|
CGC
1708
Canopy Growth
CGC
$387M
| $3.39M | ﹤0.01% |
38,852
-19,441
| -33% | -$2.31M |
|
|
UTRN
1709
DELISTED
Vesper US Large Cap Short-Term Reversal Strategy ETF
UTRN
| $3.39M | ﹤0.01% |
110,091
+13,895
| +14% | +$499K |
|
1710
Invesco Global Water ETF
PIO
$274M
| $3.38M | ﹤0.01% |
77,803
+6,584
| +9% | +$275K |
|
|
AZPN
1711
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $3.36M | ﹤0.01% |
22,066
+985
| +5% | +$150K |
|
1712
iShares US Digital Infrastructure and Real Estate ETF
IDGT
$481M
| $3.35M | ﹤0.01% |
39,666
+4,230
| +12% | +$322K |
|
1713
Sprott Uranium Miners ETF
URNM
$1.76B
| $3.35M | ﹤0.01% |
93,064
+14,288
| +18% | +$613K |
|
1714
Vale
VALE
$64.1B
| $3.31M | ﹤0.01% |
236,444
-535
| -0.2% | -$7.11K |
|
1715
BlackRock Science and Technology Term Trust
BSTZ
$1.95B
| $3.31M | ﹤0.01% |
84,932
-6,900
| -8% | -$275K |
|
|
IBMM
1716
DELISTED
iShares iBonds Dec 2024 Term Muni Bond ETF
IBMM
| $3.3M | ﹤0.01% |
123,208
+18,839
| +18% | +$506K |
|
1717
iShares Morningstar Multi-Asset Income ETF
IYLD
$125M
| $3.29M | ﹤0.01% |
136,995
+20,146
| +17% | +$483K |
|
1718
American Century Diversified Corporate Bond ETF
KORP
$869M
| $3.29M | ﹤0.01% |
63,496
+31,374
| +98% | +$1.63M |
|
1719
iShares Global Comm Services ETF
IXP
$529M
| $3.29M | ﹤0.01% |
39,968
+724
| +2% | +$61K |
|
1720
Amplify Video Game Tech ETF
GAMR
$38.3M
| $3.29M | ﹤0.01% |
37,397
+878
| +2% | +$79.2K |
|
|
WBND
1721
DELISTED
Western Asset Total Return ETF
WBND
| $3.28M | ﹤0.01% |
125,150
+94,491
| +308% | +$2.51M |
|
1722
Yeti Holdings
YETI
$3.71B
| $3.28M | ﹤0.01% |
39,632
-2,492
| -6% | -$229K |
|
1723
Repligen
RGEN
$7.96B
| $3.27M | ﹤0.01% |
12,366
-353
| -3% | -$95.1K |
|
1724
First Trust DorseyWright DALI 1 ETF
DALI
$98.4M
| $3.26M | ﹤0.01% |
122,912
+145
| +0.1% | +$3.83K |
|
1725
Fidelity High Dividend ETF
FDVV
$10.1B
| $3.26M | ﹤0.01% |
80,823
-16,980
| -17% | -$664K |
|
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.