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 | |
|---|---|---|---|---|---|---|
2401
H&R Block
HRB
$5.84B
| $1.29M | ﹤0.01% |
49,650
+509
| +1% | +$12.4K |
|
2402
Invesco Trust Investment Grade Municipals
VGM
$553M
| $1.29M | ﹤0.01% |
111,272
+7,966
| +8% | +$98K |
|
2403
Renasant Corp
RNST
$4.05B
| $1.29M | ﹤0.01% |
38,631
-2,372
| -6% | -$86.9K |
|
2404
Performance Food Group
PFGC
$17.7B
| $1.29M | ﹤0.01% |
25,667
+6,617
| +35% | +$324K |
|
2405
Lennox International
LII
$15.4B
| $1.29M | ﹤0.01% |
4,990
-99
| -2% | -$27.2K |
|
2406
Wyndham Hotels & Resorts
WH
$5.64B
| $1.29M | ﹤0.01% |
15,200
+2,029
| +15% | +$173K |
|
2407
Delek Logistics
DKL
$3.09B
| $1.29M | ﹤0.01% |
29,231
-11,026
| -27% | -$469K |
|
|
NRO
2408
Neuberger Real Estate Securities Income Fund Inc
NRO
$190M
| $1.28M | ﹤0.01% |
269,969
+16,856
| +7% | +$77.4K |
|
|
DISH
2409
DELISTED
DISH Network Corp.
DISH
| $1.28M | ﹤0.01% |
40,582
+3,899
| +11% | +$123K |
|
|
QDYN
2410
DELISTED
FlexShares Quality Dividend Dynamic Index Fund
QDYN
| $1.28M | ﹤0.01% |
20,263
+402
| +2% | +$25.3K |
|
2411
iShares US Oil Equipment & Services ETF
IEZ
$365M
| $1.28M | ﹤0.01% |
66,408
+40,052
| +152% | +$672K |
|
2412
Imperial Oil
IMO
$61.6B
| $1.28M | ﹤0.01% |
26,475
+6,025
| +29% | +$259K |
|
2413
AXIS Capital
AXS
$7.57B
| $1.28M | ﹤0.01% |
21,108
-436
| -2% | -$24.3K |
|
2414
Capital Southwest
CSWC
$1.54B
| $1.28M | ﹤0.01% |
53,783
+10,872
| +25% | +$266K |
|
2415
GraniteShares Platinum Shares
PLTM
$188M
| $1.28M | ﹤0.01% |
131,919
+118,841
| +909% | +$1.2M |
|
2416
Franklin US Core Dividend Tilt Index ETF
UDIV
$146M
| $1.28M | ﹤0.01% |
35,231
+19,196
| +120% | +$692K |
|
|
EVRI
2417
DELISTED
Everi Holdings
EVRI
| $1.27M | ﹤0.01% |
60,661
+8,069
| +15% | +$172K |
|
2418
Iridium Communications
IRDM
$5.26B
| $1.27M | ﹤0.01% |
31,601
-12,395
| -28% | -$467K |
|
|
KIO
2419
KKR Income Opportunities Fund
KIO
$452M
| $1.27M | ﹤0.01% |
88,091
-57,442
| -39% | -$879K |
|
|
DIAX
2420
DELISTED
Nuveen Dow 30SM Dynamic Overwrite Fund
DIAX
| $1.27M | ﹤0.01% |
76,467
+237
| +0.3% | +$3.97K |
|
2421
Franklin High Yield Corporate ETF
FLHY
$1.23B
| $1.27M | ﹤0.01% |
51,403
-16,446
| -24% | -$414K |
|
2422
Kulicke & Soffa
KLIC
$4.91B
| $1.27M | ﹤0.01% |
22,614
+8,075
| +56% | +$446K |
|
2423
SS&C Technologies
SSNC
$19B
| $1.26M | ﹤0.01% |
16,857
+2,037
| +14% | +$159K |
|
2424
Waters Corp
WAT
$38.9B
| $1.26M | ﹤0.01% |
4,077
-28
| -0.7% | -$9.11K |
|
2425
Star Bulk Carriers
SBLK
$3.15B
| $1.26M | ﹤0.01% |
42,497
+10,347
| +32% | +$271K |
|
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.