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 | |
|---|---|---|---|---|---|---|
1926
iShares iBonds Dec 2026 Term Muni Bond ETF
IBMO
$576M
| $2.35M | ﹤0.01% |
92,309
+4,779
| +5% | +$125K |
|
1927
iShares ESG MSCI USA Leaders ETF
SUSL
$1.18B
| $2.35M | ﹤0.01% |
29,705
+2,026
| +7% | +$158K |
|
1928
Sonos
SONO
$1.87B
| $2.35M | ﹤0.01% |
83,220
-9,901
| -11% | -$263K |
|
1929
United States Copper Index Fund
CPER
$767M
| $2.35M | ﹤0.01% |
81,697
-168,433
| -67% | -$4.67M |
|
1930
Novavax
NVAX
$1.22B
| $2.34M | ﹤0.01% |
31,808
-7,021
| -18% | -$626K |
|
1931
Sarepta Therapeutics
SRPT
$1.68B
| $2.34M | ﹤0.01% |
29,972
+1,118
| +4% | +$85.6K |
|
1932
Invesco Global Water ETF
PIO
$277M
| $2.34M | ﹤0.01% |
64,066
-13,737
| -18% | -$519K |
|
1933
GoDaddy
GDDY
$11.7B
| $2.34M | ﹤0.01% |
27,949
-5,703
| -17% | -$451K |
|
|
QWLD
1934
State Street SPDR MSCI World StrategicFactors ETF
QWLD
$176M
| $2.34M | ﹤0.01% |
22,104
+9,033
| +69% | +$946K |
|
1935
Timothy Plan High Dividend Stock ETF
TPHD
$361M
| $2.34M | ﹤0.01% |
70,771
+15,234
| +27% | +$484K |
|
1936
Plains GP Holdings
PAGP
$5.15B
| $2.34M | ﹤0.01% |
202,247
+12,616
| +7% | +$145K |
|
1937
Allegion
ALLE
$13.7B
| $2.33M | ﹤0.01% |
21,263
-630
| -3% | -$74.7K |
|
1938
Pool Corp
POOL
$7.11B
| $2.33M | ﹤0.01% |
5,517
-5,427
| -50% | -$2.53M |
|
1939
Ternium
TX
$9.76B
| $2.33M | ﹤0.01% |
51,106
-6,467
| -11% | -$275K |
|
1940
HEICO Corp Class A
HEI.A
$36.6B
| $2.33M | ﹤0.01% |
18,372
+606
| +3% | +$73.4K |
|
|
UTRN
1941
DELISTED
Vesper US Large Cap Short-Term Reversal Strategy ETF
UTRN
| $2.32M | ﹤0.01% |
85,366
-24,725
| -22% | -$685K |
|
|
PSMC
1942
DELISTED
Invesco Conservative Multi-Asset Allocation ETF
PSMC
| $2.32M | ﹤0.01% |
175,991
+15,137
| +9% | +$203K |
|
1943
Ovintiv
OVV
$17.1B
| $2.32M | ﹤0.01% |
42,901
-2,006
| -4% | -$86.4K |
|
1944
Rithm Capital
RITM
$5.62B
| $2.32M | ﹤0.01% |
211,240
-5,969
| -3% | -$63.3K |
|
1945
Molson Coors Class B
TAP
$7.86B
| $2.32M | ﹤0.01% |
43,442
+11,225
| +35% | +$566K |
|
1946
BlackRock Multi-Sector Income Trust
BIT
$698M
| $2.32M | ﹤0.01% |
140,669
+14,317
| +11% | +$236K |
|
|
GTM
1947
ZoomInfo Technologies
GTM
$1.05B
| $2.31M | ﹤0.01% |
38,696
+1,291
| +3% | +$69.3K |
|
1948
Globant
GLOB
$1.6B
| $2.31M | ﹤0.01% |
8,840
+1,955
| +28% | +$496K |
|
1949
Murphy USA
MUSA
$10.9B
| $2.3M | ﹤0.01% |
11,519
+1,022
| +10% | +$192K |
|
1950
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$104M
| $2.3M | ﹤0.01% |
60,024
+8,496
| +16% | +$323K |
|
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.