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 | |
|---|---|---|---|---|---|---|
1876
Mid-America Apartment Communities
MAA
$15.4B
| $2.67M | ﹤0.01% |
11,648
+347
| +3% | +$71.7K |
|
1877
Sunrun
RUN
$2.34B
| $2.67M | ﹤0.01% |
77,876
+22,013
| +39% | +$1.03M |
|
1878
Red Rock Resorts
RRR
$3.77B
| $2.67M | ﹤0.01% |
48,443
-22,492
| -32% | -$1.17M |
|
1879
abrdn Physical Palladium Shares ETF
PALL
$618M
| $2.65M | ﹤0.01% |
75,155
-1,980
| -3% | -$71.7K |
|
1880
Trimble
TRMB
$13.2B
| $2.65M | ﹤0.01% |
30,332
+3,930
| +15% | +$337K |
|
1881
Global E Online
GLBE
$6.6B
| $2.64M | ﹤0.01% |
41,711
+23,785
| +133% | +$1.43M |
|
|
IGR
1882
CBRE Global Real Estate Income Fund
IGR
$709M
| $2.64M | ﹤0.01% |
269,859
+19,427
| +8% | +$177K |
|
1883
iShares International Small Cap Equity Factor ETF
ISCF
$659M
| $2.64M | ﹤0.01% |
72,819
+7,802
| +12% | +$285K |
|
1884
FlexShares High Yield Value-Scored Bond Index Fund
HYGV
$1.09B
| $2.64M | ﹤0.01% |
53,856
+1,928
| +4% | +$95.1K |
|
|
XFLT
1885
XAI Floating Rate & Alternative Income Trust
XFLT
$286M
| $2.64M | ﹤0.01% |
59,103
+3,164
| +6% | +$142K |
|
|
CMA
1886
DELISTED
Comerica
CMA
| $2.63M | ﹤0.01% |
30,281
+1,520
| +5% | +$130K |
|
1887
CF Industries
CF
$19.2B
| $2.63M | ﹤0.01% |
37,185
+1,611
| +5% | +$101K |
|
1888
Invesco Senior Income Trust
VVR
$457M
| $2.63M | ﹤0.01% |
607,377
+58,533
| +11% | +$260K |
|
1889
Camping World
CWH
$639M
| $2.63M | ﹤0.01% |
65,061
+12,878
| +25% | +$520K |
|
1890
Cohu
COHU
$2.26B
| $2.62M | ﹤0.01% |
68,739
+42,679
| +164% | +$1.46M |
|
1891
AptarGroup
ATR
$8.55B
| $2.62M | ﹤0.01% |
21,378
+4,659
| +28% | +$580K |
|
1892
Casey's General Stores
CASY
$32.2B
| $2.62M | ﹤0.01% |
13,278
+1,025
| +8% | +$198K |
|
1893
State Street SPDR S&P Global Dividend ETF
WDIV
$277M
| $2.61M | ﹤0.01% |
39,435
-2,327
| -6% | -$155K |
|
1894
Houlihan Lokey
HLI
$8.77B
| $2.61M | ﹤0.01% |
25,203
+5,005
| +25% | +$534K |
|
1895
Malibu Boats
MBUU
$541M
| $2.61M | ﹤0.01% |
37,952
+22
| +0.1% | +$1.54K |
|
|
DOG
1896
ProShares Short Dow30
DOG
$110M
| $2.6M | ﹤0.01% |
82,218
-70,885
| -46% | -$2.31M |
|
1897
ChargePoint
CHPT
$141M
| $2.6M | ﹤0.01% |
6,830
+2,150
| +46% | +$953K |
|
1898
Sarepta Therapeutics
SRPT
$1.57B
| $2.6M | ﹤0.01% |
28,854
-2,788
| -9% | -$238K |
|
1899
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$570M
| $2.6M | ﹤0.01% |
68,989
-8,578
| -11% | -$321K |
|
1900
BlackRock MuniYield Quality Fund III
MYI
$709M
| $2.6M | ﹤0.01% |
175,153
+20,734
| +13% | +$303K |
|
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.