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 | |
|---|---|---|---|---|---|---|
2326
NCR Voyix
VYX
$1.22B
| $1.43M | ﹤0.01% |
57,826
+3,133
| +6% | +$77K |
|
2327
PBF Energy
PBF
$7.81B
| $1.41M | ﹤0.01% |
57,725
-11,923
| -17% | -$225K |
|
2328
Sturm, Ruger & Co
RGR
$625M
| $1.4M | ﹤0.01% |
20,163
-2,866
| -12% | -$197K |
|
|
TYG
2329
Tortoise Energy Infrastructure Corp
TYG
$1.08B
| $1.4M | ﹤0.01% |
40,624
+8,106
| +25% | +$249K |
|
2330
Harley-Davidson
HOG
$2.79B
| $1.4M | ﹤0.01% |
35,618
-9,512
| -21% | -$367K |
|
2331
Stratasys
SSYS
$764M
| $1.4M | ﹤0.01% |
55,162
-26,442
| -32% | -$638K |
|
2332
AerCap
AER
$24.4B
| $1.4M | ﹤0.01% |
27,808
-2,550
| -8% | -$153K |
|
2333
First Trust Exchange-Traded Fund VI First Trust S&P 500 Diversified Dividend Aristocrats ETF
KNGZ
$65.4M
| $1.4M | ﹤0.01% |
45,692
+17,571
| +62% | +$535K |
|
2334
Murphy Oil
MUR
$5.5B
| $1.4M | ﹤0.01% |
34,527
-2,993
| -8% | -$103K |
|
|
DMB
2335
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$194M
| $1.39M | ﹤0.01% |
112,348
+5,262
| +5% | +$69.9K |
|
|
IDE
2336
Voya Infrastructure, Industrials and Materials Fund
IDE
$199M
| $1.39M | ﹤0.01% |
119,664
-2,059
| -2% | -$23.3K |
|
|
MCN
2337
Madison Covered Call & Equity Strategy Fund
MCN
$118M
| $1.39M | ﹤0.01% |
175,615
-218
| -0.1% | -$1.71K |
|
2338
Zions Bancorporation
ZION
$10.5B
| $1.39M | ﹤0.01% |
21,175
+2,936
| +16% | +$201K |
|
2339
Invesco S&P SmallCap Energy ETF
PSCE
$98.9M
| $1.39M | ﹤0.01% |
27,674
+3,688
| +15% | +$157K |
|
2340
MarketAxess Holdings
MKTX
$5.71B
| $1.39M | ﹤0.01% |
4,072
-657
| -14% | -$238K |
|
|
NFJ
2341
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.44B
| $1.38M | ﹤0.01% |
95,997
-10,924
| -10% | -$158K |
|
2342
Allison Transmission
ALSN
$10.2B
| $1.38M | ﹤0.01% |
35,110
+7,442
| +27% | +$293K |
|
2343
Onto Innovation
ONTO
$14.3B
| $1.38M | ﹤0.01% |
16,644
+3,425
| +26% | +$305K |
|
2344
CareDx
CDNA
$2.44B
| $1.38M | ﹤0.01% |
37,236
+1,407
| +4% | +$54.8K |
|
2345
Ollie's Bargain Outlet
OLLI
$4.66B
| $1.38M | ﹤0.01% |
30,471
-749
| -2% | -$33.4K |
|
|
FLNA
2346
Filana Therapeutics
FLNA
$48.1M
| $1.38M | ﹤0.01% |
37,033
-1,682
| -4% | -$71.3K |
|
2347
ROBO Global Healthcare Technology and Innovation ETF
HTEC
$71M
| $1.37M | ﹤0.01% |
37,612
-6,352
| -14% | -$235K |
|
2348
The Greenbrier Companies
GBX
$1.56B
| $1.37M | ﹤0.01% |
26,522
+634
| +2% | +$28.6K |
|
2349
Xtrackers Russell US Multifactor ETF
DEUS
$305M
| $1.36M | ﹤0.01% |
29,944
+2,501
| +9% | +$113K |
|
2350
ICICI Bank
IBN
$109B
| $1.36M | ﹤0.01% |
72,063
+13,014
| +22% | +$260K |
|
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.