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 | |
|---|---|---|---|---|---|---|
|
BLCN
1726
DELISTED
Siren ETF Trust Siren NexGen Economy ETF
BLCN
| $3.09M | ﹤0.01% |
83,247
-8,995
| -10% | -$344K |
|
1727
Nuveen Municipal High Income Opportunity Fund
NMZ
$2.19B
| $3.09M | ﹤0.01% |
237,182
+96,692
| +69% | +$1.34M |
|
|
TRPA
1728
Hartford AAA CLO ETF
TRPA
$111M
| $3.08M | ﹤0.01% |
78,446
-53,522
| -41% | -$2.14M |
|
1729
B&G Foods
BGS
$287M
| $3.07M | ﹤0.01% |
113,932
+17,859
| +19% | +$537K |
|
1730
HEICO Corp
HEI
$50B
| $3.07M | ﹤0.01% |
20,023
+7,379
| +58% | +$1.07M |
|
|
HBI
1731
DELISTED
Hanesbrands
HBI
| $3.07M | ﹤0.01% |
206,371
-14,522
| -7% | -$228K |
|
1732
Leggett & Platt
LEG
$1.34B
| $3.07M | ﹤0.01% |
88,274
+1,516
| +2% | +$58.1K |
|
1733
Pentair
PNR
$10.7B
| $3.07M | ﹤0.01% |
56,562
-35,594
| -39% | -$2.15M |
|
|
ACV
1734
Virtus Diversified Income & Convertible Fund
ACV
$281M
| $3.06M | ﹤0.01% |
120,400
+27,429
| +30% | +$749K |
|
1735
TransDigm Group
TDG
$71B
| $3.06M | ﹤0.01% |
4,701
-7,121
| -60% | -$4.58M |
|
1736
Invesco BulletShares 2027 Corporate Bond ETF
BSCR
$4.59B
| $3.06M | ﹤0.01% |
151,242
+68,555
| +83% | +$1.43M |
|
1737
Ferrari
RACE
$70.1B
| $3.06M | ﹤0.01% |
14,017
+2,214
| +19% | +$494K |
|
1738
Power Integrations
POWI
$3.37B
| $3.04M | ﹤0.01% |
32,853
+599
| +2% | +$52.2K |
|
1739
Wabtec
WAB
$49.6B
| $3.04M | ﹤0.01% |
32,198
+2,008
| +7% | +$186K |
|
1740
Markel Group
MKL
$23.1B
| $3.04M | ﹤0.01% |
2,059
+184
| +10% | +$238K |
|
1741
Targa Resources
TRGP
$57B
| $3.03M | ﹤0.01% |
40,148
+867
| +2% | +$54.8K |
|
1742
Casey's General Stores
CASY
$31.8B
| $3.03M | ﹤0.01% |
15,208
+1,930
| +15% | +$363K |
|
|
NID
1743
DELISTED
NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
| $3.02M | ﹤0.01% |
218,375
+32,604
| +18% | +$464K |
|
1744
Goldman Sachs Hedge Industry VIP ETF
GVIP
$565M
| $3.02M | ﹤0.01% |
32,760
-30,173
| -48% | -$2.78M |
|
|
NSA
1745
DELISTED
National Storage Affiliates Trust
NSA
| $3.02M | ﹤0.01% |
48,136
-25,579
| -35% | -$1.57M |
|
1746
Exponent
EXPO
$3.3B
| $3.02M | ﹤0.01% |
27,921
-1,227
| -4% | -$118K |
|
1747
Infosys
INFY
$49.8B
| $3.01M | ﹤0.01% |
121,105
-35,410
| -23% | -$839K |
|
|
RA
1748
Brookfield Real Assets Income Fund
RA
$709M
| $3.01M | ﹤0.01% |
145,050
-44,662
| -24% | -$933K |
|
|
ETJ
1749
Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
$569M
| $3M | ﹤0.01% |
304,030
-499,115
| -62% | -$5.02M |
|
1750
iShares China Large-Cap ETF
FXI
$4.36B
| $3M | ﹤0.01% |
93,950
+8,264
| +10% | +$291K |
|
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.