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 | |
|---|---|---|---|---|---|---|
2351
iShares MSCI Global Silver and Metals Miners ETF
SLVP
$828M
| $1.36M | ﹤0.01% |
95,944
+665
| +0.7% | +$8.76K |
|
|
FPL
2352
DELISTED
FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
| $1.36M | ﹤0.01% |
216,231
-3,437
| -2% | -$20.5K |
|
|
PLYM
2353
DELISTED
Plymouth Industrial REIT
PLYM
| $1.36M | ﹤0.01% |
50,289
-11,668
| -19% | -$322K |
|
2354
Fair Isaac
FICO
$22.6B
| $1.36M | ﹤0.01% |
2,913
-366
| -11% | -$173K |
|
2355
Loews
L
$23.7B
| $1.36M | ﹤0.01% |
20,955
+3,438
| +20% | +$211K |
|
2356
New Mountain Finance
NMFC
$707M
| $1.36M | ﹤0.01% |
98,081
-6,227
| -6% | -$84.3K |
|
|
HYLD
2357
DELISTED
High Yield ETF
HYLD
| $1.36M | ﹤0.01% |
47,028
-7,409
| -14% | -$220K |
|
2358
Post Holdings
POST
$4.11B
| $1.36M | ﹤0.01% |
19,582
-10,497
| -35% | -$734K |
|
2359
Portland General Electric
POR
$5.89B
| $1.35M | ﹤0.01% |
24,553
-1,474
| -6% | -$77.5K |
|
|
JHMU
2360
DELISTED
John Hancock Multifactor Utilities ETF
JHMU
| $1.35M | ﹤0.01% |
35,983
+5,341
| +17% | +$186K |
|
2361
Reinsurance Group of America
RGA
$15.5B
| $1.35M | ﹤0.01% |
12,349
+1,593
| +15% | +$176K |
|
2362
UFP Industries
UFPI
$5.24B
| $1.35M | ﹤0.01% |
17,511
+2,482
| +17% | +$207K |
|
2363
Cogent Communications
CCOI
$666M
| $1.34M | ﹤0.01% |
20,251
+1,436
| +8% | +$92.1K |
|
2364
Howmet Aerospace
HWM
$115B
| $1.34M | ﹤0.01% |
37,392
+1,135
| +3% | +$38.7K |
|
2365
BioNTech
BNTX
$23.1B
| $1.34M | ﹤0.01% |
7,874
-2,839
| -27% | -$477K |
|
2366
Virgin Galactic
SPCE
$379M
| $1.34M | ﹤0.01% |
6,782
+1,318
| +24% | +$246K |
|
2367
Progyny
PGNY
$2.47B
| $1.34M | ﹤0.01% |
25,999
+5,465
| +27% | +$234K |
|
|
MMD
2368
MainStay MacKay DefinedTerm Municipal Opportunities Fund
MMD
$281M
| $1.33M | ﹤0.01% |
71,187
+556
| +0.8% | +$11.1K |
|
|
SVC
2369
Service Properties Trust
SVC
$1.03B
| $1.33M | ﹤0.01% |
30,240
+2,656
| +10% | +$116K |
|
2370
Village Farms International
VFF
$242M
| $1.33M | ﹤0.01% |
252,644
+39,904
| +19% | +$214K |
|
|
TEN
2371
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $1.33M | ﹤0.01% |
72,799
+35,365
| +94% | +$507K |
|
2372
Goldman Sachs Physical Gold ETF Shares
AAAU
$2.48B
| $1.33M | ﹤0.01% |
69,116
+15,417
| +29% | +$288K |
|
2373
BlackRock Enhanced Captial and Income Fund
CII
$1.01B
| $1.32M | ﹤0.01% |
63,404
+12,845
| +25% | +$263K |
|
2374
Armstrong World Industries
AWI
$7.74B
| $1.32M | ﹤0.01% |
14,703
+188
| +1% | +$18.2K |
|
2375
Ingredion
INGR
$6.6B
| $1.32M | ﹤0.01% |
15,140
+580
| +4% | +$52.5K |
|
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.