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 | |
|---|---|---|---|---|---|---|
1901
US Foods
USFD
$21.9B
| $2.43M | ﹤0.01% |
64,642
+31,085
| +93% | +$1.13M |
|
1902
iShares Core MSCI Pacific ETF
IPAC
$2.67B
| $2.43M | ﹤0.01% |
39,914
+5,362
| +16% | +$328K |
|
1903
ARK Space & Defense Innovation ETF
ARKX
$818M
| $2.42M | ﹤0.01% |
135,154
-22,335
| -14% | -$380K |
|
1904
SPS Commerce
SPSC
$2.72B
| $2.42M | ﹤0.01% |
18,567
-816
| -4% | -$102K |
|
1905
iShares MSCI Global Sustainable Development Goals ETF
SDG
$171M
| $2.42M | ﹤0.01% |
28,362
-11,860
| -29% | -$1.02M |
|
1906
Keurig Dr Pepper
KDP
$42.1B
| $2.42M | ﹤0.01% |
63,728
+11,637
| +22% | +$441K |
|
1907
iShares International Small Cap Equity Factor ETF
ISCF
$664M
| $2.41M | ﹤0.01% |
70,094
-2,725
| -4% | -$94.1K |
|
1908
Progress Software
PRGS
$1.7B
| $2.41M | ﹤0.01% |
51,126
-24,826
| -33% | -$1.12M |
|
1909
Woodward
WWD
$21.5B
| $2.4M | ﹤0.01% |
19,536
+1,037
| +6% | +$122K |
|
1910
Core Laboratories
CLB
$491M
| $2.4M | ﹤0.01% |
75,816
+58,298
| +333% | +$1.63M |
|
1911
Campbell Soup
CPB
$6.67B
| $2.4M | ﹤0.01% |
53,813
-663
| -1% | -$29.3K |
|
1912
Chemours
CC
$2.57B
| $2.4M | ﹤0.01% |
76,140
+16,097
| +27% | +$504K |
|
1913
Tenet Healthcare
THC
$20.1B
| $2.39M | ﹤0.01% |
27,854
+12,876
| +86% | +$1.06M |
|
|
SAVE
1914
DELISTED
Spirit Airlines, Inc.
SAVE
| $2.39M | ﹤0.01% |
109,125
+31,216
| +40% | +$714K |
|
1915
BlackRock Municipal 2030 Target Term Trust
BTT
$1.43B
| $2.38M | ﹤0.01% |
100,938
+14,188
| +16% | +$351K |
|
1916
Dynatrace
DT
$12.9B
| $2.38M | ﹤0.01% |
50,605
-14,682
| -22% | -$691K |
|
1917
Dell
DELL
$277B
| $2.38M | ﹤0.01% |
47,424
-5,615
| -11% | -$313K |
|
1918
iShares Russell Top 200 Value ETF
IWX
$4.02B
| $2.38M | ﹤0.01% |
34,168
-1,248
| -4% | -$86.3K |
|
1919
State Street SPDR S&P Capital Markets ETF
KCE
$467M
| $2.38M | ﹤0.01% |
26,055
-30,751
| -54% | -$2.89M |
|
1920
Moelis & Co
MC
$5.08B
| $2.38M | ﹤0.01% |
50,610
+17,285
| +52% | +$899K |
|
1921
CRH
CRH
$65.6B
| $2.37M | ﹤0.01% |
59,245
+385
| +0.7% | +$18.3K |
|
1922
Tower Semiconductor
TSEM
$26.5B
| $2.36M | ﹤0.01% |
48,715
+24,263
| +99% | +$1.02M |
|
1923
Coca-Cola Consolidated
COKE
$12B
| $2.36M | ﹤0.01% |
47,440
+1,320
| +3% | +$71.1K |
|
|
CSML
1924
DELISTED
IndexIQ ETF Trust IQ U.S. Small Cap ETF
CSML
| $2.36M | ﹤0.01% |
67,024
+38,249
| +133% | +$1.34M |
|
1925
Antero Midstream
AM
$10.4B
| $2.35M | ﹤0.01% |
216,669
+22,757
| +12% | +$231K |
|
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.