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 | |
|---|---|---|---|---|---|---|
1776
iShares Interest Rate Hedged Long-Term Corporate Bond ETF
IGBH
$202M
| $3.03M | ﹤0.01% |
122,172
-115,859
| -49% | -$2.92M |
|
1777
Franklin Resources
BEN
$17.6B
| $3.03M | ﹤0.01% |
90,411
-14,931
| -14% | -$491K |
|
1778
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$535M
| $3.03M | ﹤0.01% |
53,006
+2,816
| +6% | +$151K |
|
1779
First Trust Dividend Strength ETF
FTDS
$38.7M
| $3.02M | ﹤0.01% |
59,959
+515
| +0.9% | +$25.6K |
|
1780
A.O. Smith
AOS
$8.17B
| $3.01M | ﹤0.01% |
35,062
-564
| -2% | -$43K |
|
1781
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
BBHY
$616M
| $3M | ﹤0.01% |
57,968
+16,981
| +41% | +$877K |
|
1782
Franklin Short Duration US Government ETF
FTSD
$300M
| $3M | ﹤0.01% |
31,944
+1,112
| +4% | +$105K |
|
|
ACV
1783
Virtus Diversified Income & Convertible Fund
ACV
$278M
| $3M | ﹤0.01% |
92,971
+13,623
| +17% | +$476K |
|
1784
Power Integrations
POWI
$3.38B
| $3M | ﹤0.01% |
32,254
-337
| -1% | -$33.1K |
|
|
ABB
1785
DELISTED
ABB Ltd
ABB
| $2.99M | ﹤0.01% |
78,395
+6,377
| +9% | +$224K |
|
1786
Axcelis
ACLS
$4.01B
| $2.99M | ﹤0.01% |
40,095
+17,549
| +78% | +$1.04M |
|
1787
Invesco BulletShares 2026 High Yield Corporate Bond ETF
BSJQ
$899M
| $2.99M | ﹤0.01% |
116,511
+71,710
| +160% | +$1.83M |
|
1788
WisdomTree US Value Fund
WTV
$3.2B
| $2.98M | ﹤0.01% |
47,110
+16,967
| +56% | +$1.05M |
|
1789
Nokia
NOK
$51B
| $2.98M | ﹤0.01% |
479,803
-73,994
| -13% | -$431K |
|
1790
Northern Trust
NTRS
$33.3B
| $2.98M | ﹤0.01% |
24,930
-3,961
| -14% | -$475K |
|
1791
PUT
iShares Russell 2000 ETF
IWM
$79.8B
| $2.98M | ﹤0.01% |
13,400
-109,500
| -89% | -$24.7M |
|
|
ABFL
1792
Abacus FCF Leaders ETF
ABFL
$520M
| $2.98M | ﹤0.01% |
53,963
+6,384
| +13% | +$368K |
|
1793
Dell
DELL
$262B
| $2.98M | ﹤0.01% |
53,039
-19,335
| -27% | -$1.08M |
|
1794
BILL Holdings
BILL
$4.49B
| $2.98M | ﹤0.01% |
11,953
+2,253
| +23% | +$637K |
|
1795
ARK Space & Defense Innovation ETF
ARKX
$793M
| $2.97M | ﹤0.01% |
157,489
+23,364
| +17% | +$461K |
|
1796
iShares Core 5-10 Year USD Bond ETF
IMTB
$275M
| $2.97M | ﹤0.01% |
58,924
-4,372
| -7% | -$222K |
|
|
EHI
1797
Western Asset Global High Income Fund
EHI
$175M
| $2.97M | ﹤0.01% |
293,434
+25,259
| +9% | +$253K |
|
|
ZEN
1798
DELISTED
ZENDESK INC
ZEN
| $2.96M | ﹤0.01% |
28,380
-3,700
| -12% | -$397K |
|
1799
Cullen/Frost Bankers
CFR
$10.3B
| $2.96M | ﹤0.01% |
23,465
+460
| +2% | +$59.2K |
|
1800
UBS Group
UBS
$173B
| $2.96M | ﹤0.01% |
165,526
-4,461
| -3% | -$78.5K |
|
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.