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 | |
|---|---|---|---|---|---|---|
2201
NovoCure
NVCR
$1.73B
| $1.73M | ﹤0.01% |
22,996
+521
| +2% | +$52.3K |
|
2202
RBC Bearings
RBC
$17.4B
| $1.72M | ﹤0.01% |
8,535
+331
| +4% | +$71.1K |
|
2203
Delek Logistics
DKL
$3.21B
| $1.72M | ﹤0.01% |
40,257
-713
| -2% | -$32.9K |
|
|
HYLD
2204
DELISTED
High Yield ETF
HYLD
| $1.72M | ﹤0.01% |
54,437
-3,966
| -7% | -$126K |
|
2205
Tortoise North American Pipeline ETF
TPYP
$875M
| $1.72M | ﹤0.01% |
77,300
+2,802
| +4% | +$63.6K |
|
|
NFJ
2206
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.41B
| $1.72M | ﹤0.01% |
106,921
-20,250
| -16% | -$316K |
|
|
SYSB
2207
iShares Systematic Bond ETF
SYSB
$1.16B
| $1.72M | ﹤0.01% |
17,208
+7,270
| +73% | +$725K |
|
|
PSXP
2208
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $1.71M | ﹤0.01% |
47,519
+462
| +1% | +$17.2K |
|
2209
Cambria Global Value ETF
GVAL
$586M
| $1.71M | ﹤0.01% |
74,388
+12,577
| +20% | +$295K |
|
2210
iShares Global Consumer Discretionary ETF
RXI
$260M
| $1.71M | ﹤0.01% |
9,525
+1,774
| +23% | +$315K |
|
|
SAVE
2211
DELISTED
Spirit Airlines, Inc.
SAVE
| $1.7M | ﹤0.01% |
77,909
+19,036
| +32% | +$442K |
|
2212
Harley-Davidson
HOG
$2.58B
| $1.7M | ﹤0.01% |
45,130
+6,187
| +16% | +$231K |
|
2213
Franklin International Low Volatility High Dividend Index ETF
LVHI
$5.35B
| $1.7M | ﹤0.01% |
64,154
+14,701
| +30% | +$383K |
|
|
WEA
2214
Western Asset Premier Bond Fund
WEA
$124M
| $1.7M | ﹤0.01% |
118,523
+9,171
| +8% | +$129K |
|
|
FLNA
2215
Filana Therapeutics
FLNA
$48.8M
| $1.69M | ﹤0.01% |
38,715
+18,488
| +91% | +$970K |
|
2216
Tanger
SKT
$4.67B
| $1.69M | ﹤0.01% |
87,705
-15,348
| -15% | -$292K |
|
2217
Armstrong World Industries
AWI
$7.38B
| $1.69M | ﹤0.01% |
14,515
-62
| -0.4% | -$6.69K |
|
2218
CryoPort
CYRX
$761M
| $1.68M | ﹤0.01% |
28,466
-1,560
| -5% | -$108K |
|
2219
Jabil
JBL
$33B
| $1.68M | ﹤0.01% |
23,917
-4,697
| -16% | -$297K |
|
2220
iShares MSCI New Zealand ETF
ENZL
$77.3M
| $1.68M | ﹤0.01% |
28,533
+3,207
| +13% | +$195K |
|
2221
Community Health Systems
CYH
$393M
| $1.68M | ﹤0.01% |
125,917
+3,358
| +3% | +$42.2K |
|
|
ATCO
2222
DELISTED
Atlas Corp.
ATCO
| $1.68M | ﹤0.01% |
118,153
+13,564
| +13% | +$192K |
|
2223
C.H. Robinson
CHRW
$17.4B
| $1.67M | ﹤0.01% |
15,555
-1,448
| -9% | -$141K |
|
|
DHY
2224
Credit Suisse High Yield Credit Fund
DHY
$242M
| $1.67M | ﹤0.01% |
676,433
+18,558
| +3% | +$46.1K |
|
|
JWN
2225
DELISTED
Nordstrom
JWN
| $1.67M | ﹤0.01% |
73,833
+13,846
| +23% | +$367K |
|
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.