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 | |
|---|---|---|---|---|---|---|
2276
Peloton Interactive
PTON
$2.86B
| $1.49M | ﹤0.01% |
56,255
+6,956
| +14% | +$199K |
|
2277
Vail Resorts
MTN
$5.33B
| $1.48M | ﹤0.01% |
5,702
-2,169
| -28% | -$590K |
|
2278
ProShares Short 7-10 Year Treasury
TBX
$20.8M
| $1.48M | ﹤0.01% |
57,404
+23,752
| +71% | +$597K |
|
2279
Alphatec Holdings
ATEC
$1.59B
| $1.48M | ﹤0.01% |
128,954
-8,675
| -6% | -$93.8K |
|
2280
AdvisorShares Insider Advantage ETF
SURE
$58.3M
| $1.48M | ﹤0.01% |
15,186
+302
| +2% | +$29.4K |
|
2281
Thor Industries
THO
$4.16B
| $1.48M | ﹤0.01% |
18,833
-2,060
| -10% | -$189K |
|
2282
JPMorgan Diversified Return Emerging Markets Equity ETF
JPEM
$393M
| $1.48M | ﹤0.01% |
26,588
+8,460
| +47% | +$477K |
|
2283
A.O. Smith
AOS
$8.61B
| $1.48M | ﹤0.01% |
23,161
-11,901
| -34% | -$866K |
|
2284
Commercial Metals
CMC
$8.03B
| $1.48M | ﹤0.01% |
35,511
-4,520
| -11% | -$170K |
|
2285
Xtrackers High Beta High Yield Bond ETF
HYUP
$45.6M
| $1.48M | ﹤0.01% |
32,951
-14,041
| -30% | -$640K |
|
|
GORV
2286
DELISTED
Lazydays
GORV
| $1.48M | ﹤0.01% |
2,438
-39
| -2% | -$21.4K |
|
2287
Telephone and Data Systems
TDS
$4.07B
| $1.48M | ﹤0.01% |
78,193
+11,571
| +17% | +$224K |
|
2288
Under Armour
UAA
$2.92B
| $1.48M | ﹤0.01% |
86,726
-981
| -1% | -$17.6K |
|
2289
Cohen & Steers Select Preferred & Income Fund
PSF
$235M
| $1.48M | ﹤0.01% |
63,891
-13,596
| -18% | -$320K |
|
2290
Beyond Meat
BYND
$327M
| $1.47M | ﹤0.01% |
30,471
-3,889
| -11% | -$214K |
|
|
PDM
2291
Piedmont Realty Trust
PDM
$1.21B
| $1.47M | ﹤0.01% |
85,361
-5,264
| -6% | -$92.4K |
|
2292
IDEX
IEX
$17.5B
| $1.47M | ﹤0.01% |
7,662
+1,095
| +17% | +$222K |
|
|
SBI
2293
Western Asset Intermediate Muni Fund
SBI
$107M
| $1.47M | ﹤0.01% |
171,032
+42,097
| +33% | +$381K |
|
2294
AtriCure
ATRC
$1.98B
| $1.47M | ﹤0.01% |
22,356
-1,139
| -5% | -$73.8K |
|
2295
Community Health Systems
CYH
$417M
| $1.47M | ﹤0.01% |
123,627
-2,290
| -2% | -$27.8K |
|
2296
BlackRock MuniYield Quality Fund
MQY
$809M
| $1.47M | ﹤0.01% |
106,283
+22,808
| +27% | +$333K |
|
|
EXD
2297
DELISTED
Eaton Vance TaxManaged Buy-Write Strategy Fund
EXD
| $1.47M | ﹤0.01% |
124,799
+9,687
| +8% | +$113K |
|
2298
Bausch Health
BHC
$2.41B
| $1.46M | ﹤0.01% |
64,088
+25,109
| +64% | +$614K |
|
2299
iShares MSCI New Zealand ETF
ENZL
$83.5M
| $1.46M | ﹤0.01% |
26,614
-1,919
| -7% | -$106K |
|
2300
Fidelity Small-Mid Multifactor ETF
FSMD
$2.59B
| $1.46M | ﹤0.01% |
+42,716
| New | +$1.46M |
|
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.