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 | |
|---|---|---|---|---|---|---|
1751
iShares MSCI Switzerland ETF
EWL
$2.18B
| $3M | ﹤0.01% |
61,170
-4,693
| -7% | -$229K |
|
|
GRMN
1752
Garmin
GRMN
$58.1B
| $3M | ﹤0.01% |
25,317
-1,520
| -6% | -$183K |
|
1753
BlackRock Enhanced Global Dividend Trust
BOE
$679M
| $3M | ﹤0.01% |
265,311
+8,417
| +3% | +$97K |
|
|
PMT
1754
PennyMac Mortgage Investment
PMT
$825M
| $3M | ﹤0.01% |
177,697
-621
| -0.3% | -$10.4K |
|
|
CAJ
1755
DELISTED
Canon, Inc.
CAJ
| $3M | ﹤0.01% |
123,302
-25,649
| -17% | -$615K |
|
1756
Janus Henderson Small/Mid Cap Growth Alpha ETF
JSMD
$1.07B
| $2.99M | ﹤0.01% |
49,072
+1,416
| +3% | +$86K |
|
1757
iShares US Digital Infrastructure and Real Estate ETF
IDGT
$510M
| $2.98M | ﹤0.01% |
40,297
+631
| +2% | +$46.4K |
|
1758
United Bankshares
UBSI
$6.69B
| $2.98M | ﹤0.01% |
85,502
-350
| -0.4% | -$12.7K |
|
|
CERN
1759
DELISTED
Cerner Corp
CERN
| $2.98M | ﹤0.01% |
31,848
-33,596
| -51% | -$3.11M |
|
1760
WisdomTree Global High Dividend Fund
DEW
$155M
| $2.98M | ﹤0.01% |
58,263
+666
| +1% | +$33.6K |
|
1761
CNX Resources
CNX
$5.31B
| $2.98M | ﹤0.01% |
143,562
+10,698
| +8% | +$178K |
|
1762
Intellia Therapeutics
NTLA
$1.49B
| $2.97M | ﹤0.01% |
40,911
-3,732
| -8% | -$316K |
|
1763
Barings BDC
BBDC
$880M
| $2.97M | ﹤0.01% |
287,195
+265,892
| +1,248% | +$2.85M |
|
1764
F5
FFIV
$23.1B
| $2.97M | ﹤0.01% |
14,152
+1
| +0% | +$210 |
|
1765
Ares Management
ARES
$30.6B
| $2.97M | ﹤0.01% |
36,519
+3,143
| +9% | +$241K |
|
1766
Universal Display
OLED
$3.69B
| $2.96M | ﹤0.01% |
17,756
+5,818
| +49% | +$903K |
|
1767
Colterpoint Net Lease Real Estate ETF
NETL
$54.5M
| $2.96M | ﹤0.01% |
100,921
+16,580
| +20% | +$482K |
|
1768
iShares MSCI Brazil ETF
EWZ
$9.21B
| $2.95M | ﹤0.01% |
78,116
-2,643
| -3% | -$85.4K |
|
1769
FlexShares STOXX Global Broad Infrastructure Index Fund
NFRA
$3B
| $2.95M | ﹤0.01% |
51,388
+1,061
| +2% | +$59.5K |
|
|
FLG
1770
Flagstar Bank National Association
FLG
$5.95B
| $2.95M | ﹤0.01% |
91,751
+15,153
| +20% | +$533K |
|
1771
Sphere Entertainment
SPHR
$5.25B
| $2.94M | ﹤0.01% |
35,340
+20,319
| +135% | +$1.53M |
|
1772
Gladstone Capital
GLAD
$431M
| $2.94M | ﹤0.01% |
124,760
+3,810
| +3% | +$85.5K |
|
1773
AptarGroup
ATR
$8.64B
| $2.94M | ﹤0.01% |
25,020
+3,642
| +17% | +$428K |
|
1774
WisdomTree Mortgage Plus Bond Fund
MTGP
$74.1M
| $2.94M | ﹤0.01% |
61,377
+5,633
| +10% | +$277K |
|
|
CGC
1775
Canopy Growth
CGC
$402M
| $2.94M | ﹤0.01% |
38,786
-66
| -0.2% | -$5.03K |
|
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.