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 | |
|---|---|---|---|---|---|---|
1801
Dick's Sporting Goods
DKS
$17.8B
| $2.85M | ﹤0.01% |
28,479
-4,696
| -14% | -$516K |
|
1802
LKQ Corp
LKQ
$5.92B
| $2.85M | ﹤0.01% |
62,680
+3,716
| +6% | +$190K |
|
1803
Franklin Short Duration US Government ETF
FTSD
$301M
| $2.84M | ﹤0.01% |
30,805
-1,139
| -4% | -$106K |
|
1804
Textron
TXT
$14.8B
| $2.84M | ﹤0.01% |
38,147
+367
| +1% | +$26.5K |
|
|
THQ
1805
abrdn Healthcare Opportunities Fund
THQ
$779M
| $2.83M | ﹤0.01% |
127,148
+8,316
| +7% | +$186K |
|
1806
Fulgent Genetics
FLGT
$502M
| $2.83M | ﹤0.01% |
45,297
+433
| +1% | +$28.5K |
|
1807
Kohl's
KSS
$2.3B
| $2.82M | ﹤0.01% |
46,641
+16,429
| +54% | +$928K |
|
1808
Franklin US Mid Cap Multifactor Index ETF
FLQM
$1.59B
| $2.82M | ﹤0.01% |
62,668
+5,876
| +10% | +$261K |
|
|
HPI
1809
John Hancock Preferred Income Fund
HPI
$431M
| $2.82M | ﹤0.01% |
145,619
-4,084
| -3% | -$78.4K |
|
|
TEI
1810
Templeton Emerging Markets Income Fund
TEI
$315M
| $2.82M | ﹤0.01% |
411,119
+14,996
| +4% | +$104K |
|
|
ABFL
1811
Abacus FCF Leaders ETF
ABFL
$527M
| $2.81M | ﹤0.01% |
53,995
+32
| +0.1% | +$1.64K |
|
1812
NRG Energy
NRG
$29.4B
| $2.81M | ﹤0.01% |
73,162
+4,719
| +7% | +$184K |
|
1813
Crocs
CROX
$6.51B
| $2.81M | ﹤0.01% |
36,728
-17,073
| -32% | -$1.61M |
|
1814
Acadia Healthcare
ACHC
$2.84B
| $2.79M | ﹤0.01% |
42,630
-40,230
| -49% | -$2.34M |
|
|
PDT
1815
John Hancock Premium Dividend Fund
PDT
$633M
| $2.78M | ﹤0.01% |
169,139
+5,084
| +3% | +$81.4K |
|
1816
Spotify
SPOT
$101B
| $2.78M | ﹤0.01% |
18,382
-4,830
| -21% | -$824K |
|
|
NHS
1817
Neuberger High Yield Strategies Fund Inc
NHS
$251M
| $2.77M | ﹤0.01% |
242,590
+7,135
| +3% | +$80.2K |
|
1818
Gaming and Leisure Properties
GLPI
$12.6B
| $2.75M | ﹤0.01% |
58,704
+2,113
| +4% | +$95K |
|
|
CHW
1819
Calamos Global Dynamic Income Fund
CHW
$535M
| $2.75M | ﹤0.01% |
309,667
+62,708
| +25% | +$568K |
|
1820
AGCO
AGCO
$7.17B
| $2.74M | ﹤0.01% |
18,790
+13,937
| +287% | +$1.76M |
|
|
PBND
1821
DELISTED
Invesco PureBeta US Aggregate Bond ETF
PBND
| $2.74M | ﹤0.01% |
114,307
+28,504
| +33% | +$703K |
|
1822
Tapestry
TPR
$31.3B
| $2.73M | ﹤0.01% |
73,577
+2,901
| +4% | +$111K |
|
1823
FlexShares Global Quality Real Estate Index Fund
GQRE
$425M
| $2.72M | ﹤0.01% |
38,744
+673
| +2% | +$46.5K |
|
|
XFLT
1824
XAI Floating Rate & Alternative Income Trust
XFLT
$286M
| $2.72M | ﹤0.01% |
64,298
+5,195
| +9% | +$232K |
|
1825
Invesco Oil & Gas Services ETF
PXJ
$62M
| $2.72M | ﹤0.01% |
118,099
+112,507
| +2,012% | +$2.26M |
|
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.