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 | |
|---|---|---|---|---|---|---|
1876
Diodes
DIOD
$3.77B
| $2.5M | ﹤0.01% |
30,085
+9,272
| +45% | +$844K |
|
1877
Teva Pharmaceuticals
TEVA
$40.2B
| $2.5M | ﹤0.01% |
265,889
-6,902
| -3% | -$57.6K |
|
1878
Black Hills Corp
BKH
$5.42B
| $2.5M | ﹤0.01% |
32,411
-1,220
| -4% | -$84.8K |
|
1879
FlexShares High Yield Value-Scored Bond Index Fund
HYGV
$1.1B
| $2.5M | ﹤0.01% |
53,896
+40
| +0.1% | +$1.89K |
|
1880
Pembina Pipeline
PBA
$28B
| $2.5M | ﹤0.01% |
66,386
+2,596
| +4% | +$87.7K |
|
1881
Century Aluminum
CENX
$4.47B
| $2.49M | ﹤0.01% |
94,645
+72,357
| +325% | +$1.52M |
|
1882
iShares New York Muni Bond ETF
NYF
$1.39B
| $2.49M | ﹤0.01% |
45,634
+867
| +2% | +$48.7K |
|
1883
Gen Digital
GEN
$16.9B
| $2.49M | ﹤0.01% |
93,773
+598
| +0.6% | +$16.4K |
|
|
IGR
1884
CBRE Global Real Estate Income Fund
IGR
$707M
| $2.48M | ﹤0.01% |
274,521
+4,662
| +2% | +$40.3K |
|
|
JHMF
1885
DELISTED
John Hancock Multifactor Financials ETF
JHMF
| $2.48M | ﹤0.01% |
48,354
+10,576
| +28% | +$549K |
|
|
STZ.B
1886
DELISTED
CONSTELLATION BRANDS, INC. CLASS B
STZ.B
| $2.48M | ﹤0.01% |
10,790
| – | – |
|
1887
Fluor
FLR
$7.01B
| $2.48M | ﹤0.01% |
86,335
+380
| +0.4% | +$9.17K |
|
1888
Nuveen Short-Term REIT ETF
NURE
$36M
| $2.48M | ﹤0.01% |
63,356
+27,328
| +76% | +$1.04M |
|
1889
Range Resources
RRC
$9.43B
| $2.48M | ﹤0.01% |
81,530
-3,660
| -4% | -$83.5K |
|
1890
iShares International Equity Factor ETF
INTF
$3.63B
| $2.47M | ﹤0.01% |
89,190
-12,683
| -12% | -$353K |
|
1891
WaFd
WAFD
$2.76B
| $2.47M | ﹤0.01% |
75,186
+43,447
| +137% | +$1.52M |
|
1892
BioMarin Pharmaceuticals
BMRN
$11.6B
| $2.47M | ﹤0.01% |
31,989
-34,492
| -52% | -$2.89M |
|
|
AVK
1893
Advent Convertible and Income Fund
AVK
$556M
| $2.46M | ﹤0.01% |
161,501
-2,406
| -1% | -$37.7K |
|
1894
Jabil
JBL
$33.4B
| $2.46M | ﹤0.01% |
39,873
+15,956
| +67% | +$984K |
|
1895
Nuveen Real Estate Income Fund
JRS
$250M
| $2.46M | ﹤0.01% |
208,239
+11,249
| +6% | +$130K |
|
1896
Fortive
FTV
$18B
| $2.46M | ﹤0.01% |
53,509
-24,355
| -31% | -$1.2M |
|
|
WCN
1897
Waste Connections
WCN
$42.3B
| $2.45M | ﹤0.01% |
17,564
-2,519
| -13% | -$323K |
|
1898
Ingersoll Rand
IR
$34.4B
| $2.45M | ﹤0.01% |
48,581
-2,159
| -4% | -$116K |
|
1899
OneMain Financial
OMF
$7.44B
| $2.44M | ﹤0.01% |
51,558
-35,619
| -41% | -$1.78M |
|
1900
iShares Core 5-10 Year USD Bond ETF
IMTB
$274M
| $2.44M | ﹤0.01% |
51,480
-7,444
| -13% | -$362K |
|
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.