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 | |
|---|---|---|---|---|---|---|
1701
Goodyear
GT
$2.02B
| $3.25M | ﹤0.01% |
227,091
+49,124
| +28% | +$872K |
|
|
INCE
1702
Franklin Income Equity Focus ETF
INCE
$137M
| $3.24M | ﹤0.01% |
66,008
-47,310
| -42% | -$2.29M |
|
1703
Northern Trust
NTRS
$33.3B
| $3.24M | ﹤0.01% |
27,828
+2,898
| +12% | +$344K |
|
1704
Global X Aging Population ETF
AGNG
$87.2M
| $3.23M | ﹤0.01% |
112,843
-9,217
| -8% | -$250K |
|
1705
Hartford Municipal Opportunities ETF
HMOP
$784M
| $3.23M | ﹤0.01% |
82,348
-2,030
| -2% | -$82.3K |
|
|
HQL
1706
abrdn Life Sciences Investors
HQL
$586M
| $3.23M | ﹤0.01% |
195,157
-12,553
| -6% | -$216K |
|
1707
Shift4
FOUR
$4.31B
| $3.23M | ﹤0.01% |
52,100
-309,419
| -86% | -$16.3M |
|
1708
PUT
iShares Russell 2000 Growth ETF
IWO
$14.6B
| $3.22M | ﹤0.01% |
+12,600
| New | +$3.22M |
|
1709
Healthpeak Properties
DOC
$14.9B
| $3.22M | ﹤0.01% |
93,700
+6,672
| +8% | +$225K |
|
1710
Apple Hospitality REIT
APLE
$3.91B
| $3.22M | ﹤0.01% |
178,946
+46,595
| +35% | +$797K |
|
|
XRN
1711
Chiron Real Estate Inc
XRN
$467M
| $3.21M | ﹤0.01% |
39,594
+9,466
| +31% | +$775K |
|
1712
WisdomTree US AI Enhanced Value Fund
AIVL
$431M
| $3.2M | ﹤0.01% |
32,333
-1,682
| -5% | -$166K |
|
|
NCV
1713
Virtus Convertible & Income Fund
NCV
$382M
| $3.2M | ﹤0.01% |
159,095
+8,901
| +6% | +$183K |
|
1714
iShares Asia 50 ETF
AIA
$4.69B
| $3.17M | ﹤0.01% |
46,236
-3,356
| -7% | -$247K |
|
1715
Trimble
TRMB
$13.5B
| $3.17M | ﹤0.01% |
43,924
+13,592
| +45% | +$968K |
|
1716
Crown Holdings
CCK
$13B
| $3.16M | ﹤0.01% |
25,276
+216
| +0.9% | +$25.5K |
|
1717
VanEck Low Carbon Energy ETF
SMOG
$131M
| $3.15M | ﹤0.01% |
21,672
-1,234
| -5% | -$172K |
|
1718
Revvity
RVTY
$12.9B
| $3.13M | ﹤0.01% |
17,949
+151
| +0.8% | +$26.8K |
|
1719
iShares Agency Bond ETF
AGZ
$563M
| $3.13M | ﹤0.01% |
27,842
-9,002
| -24% | -$1.03M |
|
1720
Cullen/Frost Bankers
CFR
$10.5B
| $3.13M | ﹤0.01% |
22,574
-891
| -4% | -$124K |
|
1721
Invesco Value Municipal Income Trust
IIM
$589M
| $3.12M | ﹤0.01% |
223,949
-1,247
| -0.6% | -$18.6K |
|
1722
SEI Investments
SEIC
$12.5B
| $3.12M | ﹤0.01% |
51,783
-287
| -0.6% | -$17.1K |
|
1723
Ubiquiti
UI
$33.2B
| $3.12M | ﹤0.01% |
10,700
-668
| -6% | -$180K |
|
|
FAM
1724
DELISTED
First Trust/abrdn Global Opportunity Income Fund
FAM
| $3.1M | ﹤0.01% |
415,595
+36,458
| +10% | +$307K |
|
1725
Invesco International Corporate Bond ETF
PICB
$360M
| $3.09M | ﹤0.01% |
121,957
+19,756
| +19% | +$519K |
|
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.