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 | |
|---|---|---|---|---|---|---|
|
BERY
2376
DELISTED
Berry Global Group, Inc.
BERY
| $1.32M | ﹤0.01% |
24,787
+5,415
| +28% | +$317K |
|
2377
AdvisorShares Dorsey Wright ADR ETF
AADR
$38.5M
| $1.32M | ﹤0.01% |
21,964
-1,264
| -5% | -$76.4K |
|
2378
National Fuel Gas
NFG
$7.75B
| $1.32M | ﹤0.01% |
19,177
-150
| -0.8% | -$9.49K |
|
|
KW
2379
DELISTED
Kennedy-Wilson Holdings
KW
| $1.32M | ﹤0.01% |
53,957
-7,036
| -12% | -$162K |
|
2380
BlackRock Limited Duration Income Trust
BLW
$492M
| $1.31M | ﹤0.01% |
91,548
+5,461
| +6% | +$81.1K |
|
2381
Macy's
M
$6.89B
| $1.31M | ﹤0.01% |
53,867
-37,474
| -41% | -$960K |
|
2382
Innovator US Equity Power Buffer ETF April
PAPR
$959M
| $1.31M | ﹤0.01% |
44,238
+1,355
| +3% | +$39.5K |
|
2383
United Microelectronic
UMC
$51.7B
| $1.31M | ﹤0.01% |
143,828
+32,416
| +29% | +$321K |
|
2384
United States 12 Month Oil Fund,
USL
$42.6M
| $1.31M | ﹤0.01% |
35,300
-17,820
| -34% | -$601K |
|
|
BCPC
2385
Balchem Corp
BCPC
$5.57B
| $1.31M | ﹤0.01% |
9,616
+1,449
| +18% | +$208K |
|
2386
State Street SPDR S&P Kensho Smart Mobility ETF
HAIL
$19.9M
| $1.31M | ﹤0.01% |
27,919
-4,430
| -14% | -$211K |
|
|
JWN
2387
DELISTED
Nordstrom
JWN
| $1.31M | ﹤0.01% |
48,208
-25,625
| -35% | -$600K |
|
2388
Lear
LEA
$6.21B
| $1.3M | ﹤0.01% |
9,150
+1,002
| +12% | +$163K |
|
2389
Meritage Homes
MTH
$4.86B
| $1.3M | ﹤0.01% |
32,930
-3,394
| -9% | -$166K |
|
2390
BlackLine
BL
$1.94B
| $1.3M | ﹤0.01% |
17,811
-364
| -2% | -$29.4K |
|
2391
Nuveen ESG International Developed Markets Equity ETF
NUDM
$720M
| $1.3M | ﹤0.01% |
45,257
-4,437
| -9% | -$130K |
|
|
RMT
2392
Royce Micro-Cap Trust
RMT
$760M
| $1.3M | ﹤0.01% |
123,825
+1,895
| +2% | +$19.9K |
|
2393
Franklin FTSE Brazil ETF
FLBR
$551M
| $1.3M | ﹤0.01% |
55,320
+45,212
| +447% | +$910K |
|
2394
Cambria Value and Momentum ETF
VAMO
$109M
| $1.3M | ﹤0.01% |
50,894
+16,597
| +48% | +$425K |
|
|
FSD
2395
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| $1.3M | ﹤0.01% |
96,632
+33,064
| +52% | +$463K |
|
2396
Cohu
COHU
$2.5B
| $1.3M | ﹤0.01% |
44,855
-23,884
| -35% | -$763K |
|
2397
WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund
CXSE
$501M
| $1.3M | ﹤0.01% |
32,424
-6,893
| -18% | -$311K |
|
2398
Silicon Laboratories
SLAB
$7.2B
| $1.3M | ﹤0.01% |
8,892
+1,886
| +27% | +$301K |
|
2399
Vanguard Total World Bond ETF
BNDW
$1.89B
| $1.29M | ﹤0.01% |
17,456
-2,805
| -14% | -$213K |
|
|
AGNT
2400
AGNT Inc
AGNT
$693M
| $1.29M | ﹤0.01% |
61,119
+8,820
| +17% | +$231K |
|
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.