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 | |
|---|---|---|---|---|---|---|
|
BKN
2126
DELISTED
BlackRock Investment Quality Municipal Trust
BKN
| $1.92M | ﹤0.01% |
110,414
+2,296
| +2% | +$39.8K |
|
2127
ROBO Global Healthcare Technology and Innovation ETF
HTEC
$76M
| $1.92M | ﹤0.01% |
43,964
+2,734
| +7% | +$122K |
|
2128
Nice
NICE
$5.79B
| $1.92M | ﹤0.01% |
6,307
+2,363
| +60% | +$682K |
|
2129
State Street Income Allocation ETF
INKM
$72M
| $1.91M | ﹤0.01% |
53,835
+1,708
| +3% | +$60.7K |
|
2130
RELX
RELX
$61.8B
| $1.91M | ﹤0.01% |
58,438
+8,289
| +17% | +$258K |
|
|
SGI
2131
Somnigroup International
SGI
$13.7B
| $1.9M | ﹤0.01% |
40,484
+533
| +1% | +$24.2K |
|
2132
Gladstone Investment Corp
GAIN
$643M
| $1.89M | ﹤0.01% |
110,808
-2,539
| -2% | -$40.5K |
|
2133
MGIC Investment
MTG
$6.16B
| $1.89M | ﹤0.01% |
131,093
-3,925
| -3% | -$59.5K |
|
2134
Appian
APPN
$1.98B
| $1.89M | ﹤0.01% |
28,931
-2,161
| -7% | -$180K |
|
2135
Roundhill Ball Metaverse ETF
METV
$209M
| $1.89M | ﹤0.01% |
+124,172
| New | +$1.91M |
|
2136
BlackLine
BL
$1.84B
| $1.88M | ﹤0.01% |
18,175
-3,037
| -14% | -$352K |
|
2137
Antero Midstream
AM
$10.4B
| $1.88M | ﹤0.01% |
193,912
+13,379
| +7% | +$139K |
|
|
ARMR
2138
DELISTED
Armor US Equity Index ETF
ARMR
| $1.87M | ﹤0.01% |
69,938
+58,173
| +494% | +$1.53M |
|
2139
Carvana
CVNA
$68.6B
| $1.87M | ﹤0.01% |
40,340
-12,125
| -23% | -$667K |
|
|
CTRA
2140
DELISTED
Coterra Energy
CTRA
| $1.87M | ﹤0.01% |
98,188
+23,054
| +31% | +$481K |
|
|
XIFR
2141
XPLR Infrastructure LP
XIFR
$1.12B
| $1.87M | ﹤0.01% |
22,109
+6,415
| +41% | +$537K |
|
2142
Global X Genomics & Biotechnology ETF
GNOM
$79.3M
| $1.86M | ﹤0.01% |
23,448
-3
| -0% | -$252 |
|
2143
ALPS Medical Breakthroughs ETF
SBIO
$201M
| $1.86M | ﹤0.01% |
44,078
-4,295
| -9% | -$191K |
|
2144
EXL Service
EXLS
$5.14B
| $1.86M | ﹤0.01% |
64,290
+11,275
| +21% | +$297K |
|
2145
Schwab International Small-Cap Equity ETF
SCHC
$5.39B
| $1.86M | ﹤0.01% |
45,460
+12,588
| +38% | +$525K |
|
2146
Under Armour
UAA
$2.84B
| $1.86M | ﹤0.01% |
87,707
+5,258
| +6% | +$119K |
|
2147
Cohen & Steers Duration Preferred & Income Fund
LDP
$598M
| $1.86M | ﹤0.01% |
70,073
+2,921
| +4% | +$78.8K |
|
2148
iShares Global Utilities ETF
JXI
$314M
| $1.85M | ﹤0.01% |
28,605
-1,503
| -5% | -$92.9K |
|
|
ACC
2149
DELISTED
American Campus Communities, Inc.
ACC
| $1.85M | ﹤0.01% |
32,314
+2,433
| +8% | +$130K |
|
|
BWG
2150
BrandywineGLOBAL Global Income Opportunities Fund
BWG
$130M
| $1.84M | ﹤0.01% |
157,341
+24,222
| +18% | +$293K |
|
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.