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 | |
|---|---|---|---|---|---|---|
1901
Invesco Dorsey Wright Consumer Staples Momentum ETF
PSL
$84.8M
| $2.6M | ﹤0.01% |
28,391
+833
| +3% | +$74.9K |
|
1902
iShares New York Muni Bond ETF
NYF
$1.38B
| $2.6M | ﹤0.01% |
44,767
+2,666
| +6% | +$154K |
|
|
VSTO
1903
DELISTED
Vista Outdoor Inc.
VSTO
| $2.59M | ﹤0.01% |
56,274
+14,181
| +34% | +$606K |
|
1904
iShares Yield Optimized Bond ETF
BYLD
$447M
| $2.59M | ﹤0.01% |
103,695
-84,523
| -45% | -$2.11M |
|
1905
Vail Resorts
MTN
$5.32B
| $2.58M | ﹤0.01% |
7,871
+1,267
| +19% | +$432K |
|
1906
BNY Mellon US Large Cap Core Equity ETF
BKLC
$5.49B
| $2.58M | ﹤0.01% |
86,214
+53,820
| +166% | +$1.56M |
|
1907
SiriusXM
SIRI
$9.98B
| $2.58M | ﹤0.01% |
40,555
+14,622
| +56% | +$915K |
|
1908
Agnico Eagle Mines
AEM
$73.6B
| $2.57M | ﹤0.01% |
48,308
+5,238
| +12% | +$278K |
|
1909
Korn Ferry
KFY
$4.18B
| $2.57M | ﹤0.01% |
33,902
+6,682
| +25% | +$513K |
|
|
CONE
1910
DELISTED
CyrusOne Inc Common Stock
CONE
| $2.56M | ﹤0.01% |
28,551
-19,830
| -41% | -$1.68M |
|
1911
Pinduoduo
PDD
$126B
| $2.56M | ﹤0.01% |
43,857
+13,201
| +43% | +$1.04M |
|
1912
CubeSmart
CUBE
$9.39B
| $2.56M | ﹤0.01% |
44,906
+956
| +2% | +$51.4K |
|
1913
Cameco
CCJ
$37.6B
| $2.55M | ﹤0.01% |
116,947
-12,221
| -9% | -$296K |
|
1914
Kite Realty
KRG
$5.81B
| $2.55M | ﹤0.01% |
117,114
+69,819
| +148% | +$1.49M |
|
|
MMT
1915
Aberdeen Multi-Market Income Fund
MMT
$236M
| $2.55M | ﹤0.01% |
398,801
-41,557
| -9% | -$269K |
|
|
IBHD
1916
DELISTED
iShares iBonds 2024 Term High Yield and Income ETF
IBHD
| $2.54M | ﹤0.01% |
103,909
+6,273
| +6% | +$154K |
|
1917
Global X Video Games & Esports ETF
HERO
$64.5M
| $2.54M | ﹤0.01% |
89,878
+1,086
| +1% | +$31.7K |
|
|
IBHE
1918
DELISTED
iShares iBonds 2025 Term High Yield and Income ETF
IBHE
| $2.53M | ﹤0.01% |
102,086
+5,976
| +6% | +$148K |
|
1919
Nuveen Real Estate Income Fund
JRS
$249M
| $2.52M | ﹤0.01% |
196,990
+21,205
| +12% | +$248K |
|
1920
FlexShares Ultra-Short Income Fund
RAVI
$1.48B
| $2.52M | ﹤0.01% |
33,352
-2,053
| -6% | -$156K |
|
1921
iShares US Tech Breakthrough Multisector ETF
TECB
$463M
| $2.52M | ﹤0.01% |
60,117
-29,526
| -33% | -$1.25M |
|
1922
Invitation Homes
INVH
$17.7B
| $2.52M | ﹤0.01% |
55,499
+7,945
| +17% | +$328K |
|
1923
FlexShares STOXX Global ESG Select Index Fund
ESGG
$111M
| $2.52M | ﹤0.01% |
16,562
+5,188
| +46% | +$769K |
|
1924
WisdomTree Dynamic International Equity Fund
DDWM
$1.48B
| $2.51M | ﹤0.01% |
81,459
-13,713
| -14% | -$418K |
|
1925
Ternium
TX
$9.67B
| $2.51M | ﹤0.01% |
57,573
-2,995
| -5% | -$126K |
|
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.