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 | |
|---|---|---|---|---|---|---|
2301
Invesco S&P SmallCap High Dividend Low Volatility ETF
XSHD
$72.8M
| $1.46M | ﹤0.01% |
+65,751
| New | +$1.45M |
|
2302
Genmab
GMAB
$17.8B
| $1.46M | ﹤0.01% |
40,212
-15,903
| -28% | -$546K |
|
|
GOGL
2303
DELISTED
Golden Ocean Group
GOGL
| $1.46M | ﹤0.01% |
+117,518
| New | +$1.28M |
|
2304
Encompass Health
EHC
$11B
| $1.45M | ﹤0.01% |
25,707
+2,984
| +13% | +$156K |
|
2305
Invesco CurrencyShares Swiss Franc Trust
FXF
$397M
| $1.45M | ﹤0.01% |
14,957
+3,680
| +33% | +$358K |
|
2306
ProShares Online Retail ETF
ONLN
$67.3M
| $1.45M | ﹤0.01% |
31,669
-10,830
| -25% | -$525K |
|
|
CIM
2307
Chimera Investment
CIM
$1.06B
| $1.45M | ﹤0.01% |
40,219
-11,590
| -22% | -$462K |
|
2308
C.H. Robinson
CHRW
$18.1B
| $1.45M | ﹤0.01% |
13,424
-2,131
| -14% | -$216K |
|
|
EAD
2309
Allspring Income Opportunities Fund
EAD
$378M
| $1.45M | ﹤0.01% |
183,085
+3,458
| +2% | +$28.1K |
|
|
PDCE
2310
DELISTED
PDC Energy, Inc.
PDCE
| $1.45M | ﹤0.01% |
19,891
+13,517
| +212% | +$836K |
|
2311
ONE Gas
OGS
$4.85B
| $1.45M | ﹤0.01% |
16,372
+1,138
| +7% | +$91.7K |
|
2312
TTEC Holdings
TTEC
$132M
| $1.45M | ﹤0.01% |
17,509
+13,053
| +293% | +$1.05M |
|
2313
iShares Core 10+ Year USD Bond ETF
ILTB
$596M
| $1.44M | ﹤0.01% |
22,555
-20,651
| -48% | -$1.38M |
|
|
TBLU
2314
Tortoise Global Water ETF
TBLU
$58.6M
| $1.44M | ﹤0.01% |
34,338
-46,228
| -57% | -$2.03M |
|
2315
Merit Medical Systems
MMSI
$5.12B
| $1.44M | ﹤0.01% |
21,950
+6,340
| +41% | +$381K |
|
|
NVTA
2316
DELISTED
Invitae Corporation
NVTA
| $1.44M | ﹤0.01% |
180,675
+24,612
| +16% | +$248K |
|
|
LTC
2317
LTC Properties
LTC
$1.97B
| $1.44M | ﹤0.01% |
37,411
+7
| +0% | +$247 |
|
2318
iShares S&P India Nifty 50 Index Fund
INDY
$571M
| $1.44M | ﹤0.01% |
31,157
+701
| +2% | +$32.6K |
|
2319
Knight Transportation
KNX
$11.7B
| $1.44M | ﹤0.01% |
28,494
+4,317
| +18% | +$238K |
|
2320
Integra LifeSciences
IART
$1.39B
| $1.44M | ﹤0.01% |
22,443
+3,821
| +21% | +$252K |
|
2321
Brown-Forman Class A
BF.A
$13.2B
| $1.43M | ﹤0.01% |
22,858
+10
| +0% | +$620 |
|
2322
Gentex
GNTX
$5.14B
| $1.43M | ﹤0.01% |
49,149
+6,286
| +15% | +$195K |
|
|
FMN
2323
Federated Hermes Premier Municipal Income Fund
FMN
$86.6M
| $1.43M | ﹤0.01% |
112,690
+39,404
| +54% | +$535K |
|
|
POTX
2324
DELISTED
Global X Cannabis ETF
POTX
| $1.43M | ﹤0.01% |
43,691
+25,735
| +143% | +$804K |
|
2325
Cal-Maine
CALM
$3.98B
| $1.43M | ﹤0.01% |
25,873
-354
| -1% | -$15.4K |
|
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.