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 | |
|---|---|---|---|---|---|---|
|
CIL
2151
DELISTED
VictoryShares International Volatility Wtd ETF
CIL
| $1.84M | ﹤0.01% |
40,838
-1,336
| -3% | -$59.6K |
|
2152
Zillow
Z
$7.79B
| $1.84M | ﹤0.01% |
28,749
-14,987
| -34% | -$1.08M |
|
|
NUAN
2153
DELISTED
Nuance Communications, Inc.
NUAN
| $1.84M | ﹤0.01% |
33,182
-47,931
| -59% | -$2.64M |
|
2154
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$561M
| $1.83M | ﹤0.01% |
26,866
+5,247
| +24% | +$348K |
|
2155
AMN Healthcare
AMN
$1.3B
| $1.83M | ﹤0.01% |
14,964
-12,106
| -45% | -$1.34M |
|
2156
Cheniere Energy
CQP
$31.9B
| $1.83M | ﹤0.01% |
43,329
+15,750
| +57% | +$662K |
|
2157
CNX Resources
CNX
$5.3B
| $1.83M | ﹤0.01% |
132,864
+12,090
| +10% | +$170K |
|
2158
Pacer Trendpilot European Index ETF
PTEU
$37M
| $1.83M | ﹤0.01% |
73,850
+467
| +0.6% | +$11.6K |
|
2159
HEICO Corp
HEI
$49.8B
| $1.82M | ﹤0.01% |
12,644
+180
| +1% | +$25.4K |
|
2160
iShares MSCI Global Gold Miners ETF
RING
$2.27B
| $1.82M | ﹤0.01% |
67,648
+12,761
| +23% | +$339K |
|
2161
BlackRock Science and Technology Trust
BST
$1.61B
| $1.82M | ﹤0.01% |
36,488
+5,316
| +17% | +$278K |
|
2162
Landstar System
LSTR
$5.93B
| $1.82M | ﹤0.01% |
10,192
+1,719
| +20% | +$295K |
|
2163
Celsius Holdings
CELH
$7.47B
| $1.82M | ﹤0.01% |
73,089
-639
| -0.9% | -$17.7K |
|
2164
Iridium Communications
IRDM
$5.02B
| $1.82M | ﹤0.01% |
43,996
+18,471
| +72% | +$746K |
|
|
IAA
2165
DELISTED
IAA, Inc. Common Stock
IAA
| $1.82M | ﹤0.01% |
35,939
-15,938
| -31% | -$847K |
|
2166
Boyd Gaming
BYD
$6.18B
| $1.81M | ﹤0.01% |
27,622
-209
| -0.8% | -$13.3K |
|
2167
SentinelOne
S
$6.53B
| $1.81M | ﹤0.01% |
35,806
+17,164
| +92% | +$1.01M |
|
|
PPLT
2168
abrdn Physical Platinum Shares ETF
PPLT
$1.88B
| $1.81M | ﹤0.01% |
200,860
+18,210
| +10% | +$170K |
|
2169
Timothy Plan High Dividend Stock ETF
TPHD
$360M
| $1.8M | ﹤0.01% |
55,537
+5,436
| +11% | +$169K |
|
2170
iShares ESG Advanced High Yield Corporate Bond ETF
HYXF
$192M
| $1.8M | ﹤0.01% |
34,914
+52
| +0.1% | +$2.69K |
|
2171
Cambria Global Momentum ETF
GMOM
$69.8M
| $1.8M | ﹤0.01% |
60,358
+35,309
| +141% | +$1.07M |
|
2172
BlackRock TCP Capital
TCPC
$273M
| $1.8M | ﹤0.01% |
133,308
+11,653
| +10% | +$162K |
|
2173
Idacorp
IDA
$8.27B
| $1.79M | ﹤0.01% |
15,843
+1,704
| +12% | +$181K |
|
|
MCR
2174
DELISTED
MFS Charter Income Trust
MCR
| $1.79M | ﹤0.01% |
210,016
+2,936
| +1% | +$25.1K |
|
2175
State Street SPDR S&P Kensho Smart Mobility ETF
HAIL
$18.9M
| $1.79M | ﹤0.01% |
32,349
-6,087
| -16% | -$354K |
|
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.