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 |
Invesco QQQ Trust
QQQ
|
+$205M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$199M |
| 3 |
First Trust Rising Dividend Achievers ETF
RDVY
|
+$180M |
| 4 |
iShares TIPS Bond ETF
TIP
|
+$140M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$121M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$134M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$64.2M |
| 3 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$47.3M |
| 4 |
iShares Global Tech ETF
IXN
|
+$43.6M |
| 5 |
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
|
+$43.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.8% |
| 2 | Consumer Discretionary | 3.12% |
| 3 | Financials | 3.04% |
| 4 | Healthcare | 2.77% |
| 5 | Communication Services | 2.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2401
Avantor
AVTR
$9.32B
| $1.37M | ﹤0.01% |
32,426
+2,927
| +10% | +$115K |
|
2402
Glacier Bancorp
GBCI
$6.42B
| $1.37M | ﹤0.01% |
24,096
+849
| +4% | +$48.1K |
|
2403
Village Farms International
VFF
$234M
| $1.37M | ﹤0.01% |
212,740
+134,368
| +171% | +$991K |
|
2404
BlackRock MuniYield Michigan Quality Fund
MIY
$353M
| $1.36M | ﹤0.01% |
88,652
+27,431
| +45% | +$419K |
|
|
WFH
2405
DELISTED
Direxion Work From Home ETF
WFH
| $1.36M | ﹤0.01% |
18,324
+534
| +3% | +$40.5K |
|
|
KEEL
2406
Keel Infrastructure Corp
KEEL
$2.4B
| $1.36M | ﹤0.01% |
268,932
+45,842
| +21% | +$283K |
|
2407
Energy Fuels
UUUU
$2.86B
| $1.36M | ﹤0.01% |
177,860
+130,049
| +272% | +$1.1M |
|
|
QIG
2408
WisdomTree U.S. Corporate Bond Fund
QIG
$17.4M
| $1.36M | ﹤0.01% |
25,230
-532
| -2% | -$28.7K |
|
|
DIAX
2409
DELISTED
Nuveen Dow 30SM Dynamic Overwrite Fund
DIAX
| $1.35M | ﹤0.01% |
76,230
+16,372
| +27% | +$286K |
|
2410
Oshkosh
OSK
$8.79B
| $1.35M | ﹤0.01% |
11,987
+1,377
| +13% | +$150K |
|
2411
Veracyte
VCYT
$3.7B
| $1.35M | ﹤0.01% |
32,791
+11,520
| +54% | +$509K |
|
2412
Global X Blockchain ETF
BKCH
$206M
| $1.35M | ﹤0.01% |
+15,485
| New | +$1.8M |
|
2413
EQT Corp
EQT
$33.3B
| $1.35M | ﹤0.01% |
61,846
-34,155
| -36% | -$715K |
|
2414
NCR Voyix
VYX
$1.14B
| $1.35M | ﹤0.01% |
54,693
+14,807
| +37% | +$376K |
|
2415
BlackRock MuniYield Quality Fund
MQY
$805M
| $1.35M | ﹤0.01% |
83,475
+6,427
| +8% | +$104K |
|
2416
Emcor
EME
$35.2B
| $1.34M | ﹤0.01% |
10,547
-317
| -3% | -$39.2K |
|
|
BYM
2417
DELISTED
BlackRock Municipal Income Quality Trust
BYM
| $1.34M | ﹤0.01% |
86,029
+14,931
| +21% | +$230K |
|
2418
Telephone and Data Systems
TDS
$3.82B
| $1.34M | ﹤0.01% |
+66,622
| New | +$1.3M |
|
2419
Manhattan Associates
MANH
$11.2B
| $1.34M | ﹤0.01% |
8,569
+1,697
| +25% | +$276K |
|
2420
State Street SPDR MSCI ACWI Climate Paris Aligned ETF
NZAC
$192M
| $1.34M | ﹤0.01% |
40,328
+2,608
| +7% | +$85.6K |
|
2421
Nuveen ESG 1-5 Year US Aggregate Bond ETF
NUSA
$34.6M
| $1.34M | ﹤0.01% |
54,066
-3,000
| -5% | -$74.6K |
|
2422
Onto Innovation
ONTO
$12.9B
| $1.34M | ﹤0.01% |
13,219
+2,249
| +21% | +$194K |
|
2423
Gray Television
GTN
$415M
| $1.33M | ﹤0.01% |
66,119
-2,824
| -4% | -$62.5K |
|
2424
Integer Holdings
ITGR
$4.12B
| $1.33M | ﹤0.01% |
15,526
+2,783
| +22% | +$243K |
|
|
CIF
2425
DELISTED
MFS Intermediate High Income Fund
CIF
| $1.33M | ﹤0.01% |
480,676
-13,405
| -3% | -$39.6K |
|
Similar funds
LPL Financial's Q4 2021 Portfolio in Review
As of Q4 2021, LPL Financial held 4,559 positions worth $119B, up 12% from $106B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial deployed $6.13B of net new capital in Q4 2021, opening 235 new positions and adding to 2,641 existing holdings. Its largest new stake was iShares MSCI South Africa ETF: 184,094 shares worth $8.54M.
By sector, the portfolio is most concentrated in Technology at 6.8% of assets, up from 6.3% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $134M trimmed.
- LPL Financial's largest Q4 2021 buy was iShares MSCI South Africa ETF: 184,094 shares worth $8.54M.
- LPL Financial added most to Invesco QQQ Trust in Q4 2021, an estimated $205M increase.
- LPL Financial's biggest Q4 2021 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $134M.
- LPL Financial fully exited iShares iBonds Dec 2021 Term Corporate ETF in Q4 2021, selling an estimated $25.2M.
- LPL Financial's ten largest holdings make up 19% of its $119B portfolio in Q4 2021.
- LPL Financial opened 235 new positions and closed 224 in Q4 2021.
- LPL Financial's portfolio value rose 12% quarter-over-quarter to $119B.
Based on LPL Financial's 13F filing for Q4 2021, filed 14 Feb 2022.