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 | |
|---|---|---|---|---|---|---|
2276
Sturm, Ruger & Co
RGR
$594M
| $1.57M | ﹤0.01% |
23,029
-1,110
| -5% | -$80.6K |
|
2277
Marriott Vacations Worldwide
VAC
$3.35B
| $1.57M | ﹤0.01% |
9,268
+482
| +5% | +$77.5K |
|
2278
Fiverr
FVRR
$321M
| $1.56M | ﹤0.01% |
13,761
-5,661
| -29% | -$883K |
|
2279
Blink Charging
BLNK
$74.3M
| $1.56M | ﹤0.01% |
58,982
+15,402
| +35% | +$496K |
|
2280
Endava
DAVA
$158M
| $1.56M | ﹤0.01% |
9,315
+7,497
| +412% | +$1.16M |
|
2281
State Street SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF
EEMX
$172M
| $1.56M | ﹤0.01% |
42,584
+8,094
| +23% | +$303K |
|
2282
Renasant Corp
RNST
$3.98B
| $1.56M | ﹤0.01% |
41,003
-1,633
| -4% | -$61.9K |
|
|
SIX
2283
DELISTED
Six Flags Entertainment Corp.
SIX
| $1.55M | ﹤0.01% |
36,520
-3,640
| -9% | -$152K |
|
2284
KT
KT
$8.62B
| $1.55M | ﹤0.01% |
123,601
+3,520
| +3% | +$46.1K |
|
2285
IDEX
IEX
$17B
| $1.55M | ﹤0.01% |
6,567
+33
| +0.5% | +$7.5K |
|
|
RTL
2286
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $1.55M | ﹤0.01% |
169,834
-4,350
| -2% | -$36.9K |
|
2287
iShares USD Green Bond ETF
BGRN
$497M
| $1.55M | ﹤0.01% |
28,572
+7,645
| +37% | +$420K |
|
2288
Brown-Forman Class A
BF.A
$13.4B
| $1.55M | ﹤0.01% |
22,848
+413
| +2% | +$27.5K |
|
2289
Fidelity Low Duration Bond Factor ETF
FLDR
$1.97B
| $1.55M | ﹤0.01% |
30,490
-8,654
| -22% | -$439K |
|
|
DMB
2290
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$194M
| $1.54M | ﹤0.01% |
107,086
+2,238
| +2% | +$33.2K |
|
2291
Nuveen ESG International Developed Markets Equity ETF
NUDM
$707M
| $1.54M | ﹤0.01% |
49,694
+1,873
| +4% | +$59.6K |
|
|
MMD
2292
MainStay MacKay DefinedTerm Municipal Opportunities Fund
MMD
$280M
| $1.54M | ﹤0.01% |
70,631
-8,365
| -11% | -$178K |
|
|
TGH
2293
DELISTED
Textainer Group Holdings limited
TGH
| $1.53M | ﹤0.01% |
42,895
-3,075
| -7% | -$111K |
|
2294
Invesco Global ex-US High Yield Corporate Bond ETF
PGHY
$222M
| $1.53M | ﹤0.01% |
71,587
-18,277
| -20% | -$393K |
|
2295
Waters Corp
WAT
$37B
| $1.53M | ﹤0.01% |
4,105
-2,086
| -34% | -$730K |
|
|
ISD
2296
PGIM High Yield Bond Fund
ISD
$415M
| $1.53M | ﹤0.01% |
95,247
+2,362
| +3% | +$38.2K |
|
2297
Vertiv
VRT
$93B
| $1.52M | ﹤0.01% |
61,073
+4,896
| +9% | +$122K |
|
2298
PUT
XPO
XPO
$23.5B
| $1.52M | ﹤0.01% |
+33,155
| New | +$1.54M |
|
2299
MKS Inc
MKSI
$20.1B
| $1.52M | ﹤0.01% |
8,743
+679
| +8% | +$106K |
|
2300
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.56B
| $1.52M | ﹤0.01% |
38,874
-6,281
| -14% | -$244K |
|
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.