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 | |
|---|---|---|---|---|---|---|
2226
FlexShares International Quality Dividend Index Fund
IQDF
$1.17B
| $1.6M | ﹤0.01% |
66,912
+7,804
| +13% | +$192K |
|
2227
Kimbell Royalty Partners
KRP
$1.44B
| $1.59M | ﹤0.01% |
98,116
+12,966
| +15% | +$201K |
|
2228
Viasat
VSAT
$11.9B
| $1.59M | ﹤0.01% |
32,671
+889
| +3% | +$40.9K |
|
2229
First Trust Exchange-Traded Fund II First Trust Indxx Global Agriculture ETF
FTAG
$14.2M
| $1.59M | ﹤0.01% |
47,619
+32,136
| +208% | +$1.02M |
|
2230
HDFC Bank
HDB
$123B
| $1.59M | ﹤0.01% |
51,850
+1,104
| +2% | +$35.9K |
|
|
SWCH
2231
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $1.59M | ﹤0.01% |
51,598
-8,898
| -15% | -$237K |
|
2232
Newell Brands
NWL
$2.61B
| $1.59M | ﹤0.01% |
74,078
-27,495
| -27% | -$635K |
|
2233
Kontoor Brands
KTB
$4.73B
| $1.58M | ﹤0.01% |
38,177
+22,013
| +136% | +$1.04M |
|
2234
PGIM Active High Yield Bond ETF
PHYL
$1.39B
| $1.58M | ﹤0.01% |
41,328
+6,077
| +17% | +$237K |
|
2235
Franklin FTSE United Kingdom ETF
FLGB
$896M
| $1.57M | ﹤0.01% |
62,231
+26,761
| +75% | +$683K |
|
2236
Schwab International Small-Cap Equity ETF
SCHC
$5.53B
| $1.57M | ﹤0.01% |
41,430
-4,030
| -9% | -$154K |
|
|
GERM
2237
DELISTED
Amplify Treatments, Testing and Advancements ETF
GERM
| $1.57M | ﹤0.01% |
57,485
-2,158
| -4% | -$60.8K |
|
2238
Smith & Nephew
SNN
$12.8B
| $1.57M | ﹤0.01% |
49,215
+1,678
| +4% | +$56.3K |
|
2239
Manhattan Associates
MANH
$11B
| $1.57M | ﹤0.01% |
11,276
+2,707
| +32% | +$363K |
|
2240
Herc Holdings
HRI
$5.71B
| $1.56M | ﹤0.01% |
9,342
+1,218
| +15% | +$193K |
|
2241
Mercury Systems
MRCY
$6.63B
| $1.55M | ﹤0.01% |
23,836
+11,107
| +87% | +$660K |
|
2242
NovoCure
NVCR
$1.86B
| $1.55M | ﹤0.01% |
18,709
-4,287
| -19% | -$316K |
|
2243
Alpha and Omega Semiconductor
AOSL
$990M
| $1.55M | ﹤0.01% |
28,351
+20,207
| +248% | +$1.05M |
|
2244
Arch Capital
ACGL
$34B
| $1.54M | ﹤0.01% |
31,882
+3,182
| +11% | +$148K |
|
2245
iShares US Small Cap Equity Factor ETF
SMLF
$4.24B
| $1.54M | ﹤0.01% |
28,212
-8,758
| -24% | -$475K |
|
2246
Blink Charging
BLNK
$81.1M
| $1.54M | ﹤0.01% |
58,097
-885
| -2% | -$20.8K |
|
2247
FlexShares US Quality Low Volatility Index Fund
QLV
$165M
| $1.54M | ﹤0.01% |
27,989
+1,339
| +5% | +$71.1K |
|
|
AAWW
2248
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $1.54M | ﹤0.01% |
17,782
+5,424
| +44% | +$446K |
|
2249
Cambria Global Value ETF
GVAL
$593M
| $1.53M | ﹤0.01% |
72,120
-2,268
| -3% | -$50.3K |
|
2250
VanEck Pharmaceutical ETF
PPH
$917M
| $1.53M | ﹤0.01% |
19,177
+571
| +3% | +$43.7K |
|
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.