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 | |
|---|---|---|---|---|---|---|
2426
Inspire Corporate Bond ETF
IBD
$490M
| $1.26M | ﹤0.01% |
51,623
+5,849
| +13% | +$146K |
|
2427
Aptus Behavioral Momentum ETF
ADME
$303M
| $1.26M | ﹤0.01% |
30,667
+25,695
| +517% | +$1.05M |
|
2428
Global Net Lease
GNL
$1.83B
| $1.25M | ﹤0.01% |
79,766
-13,587
| -15% | -$200K |
|
2429
Invesco S&P SmallCap Consumer Staples ETF
PSCC
$39.4M
| $1.25M | ﹤0.01% |
37,290
-1,785
| -5% | -$60.6K |
|
2430
TRI-Continental Corp
TY
$1.87B
| $1.25M | ﹤0.01% |
40,674
-4,440
| -10% | -$138K |
|
2431
Glacier Bancorp
GBCI
$6.57B
| $1.25M | ﹤0.01% |
24,861
+765
| +3% | +$41.3K |
|
2432
BlackRock MuniYield Michigan Quality Fund
MIY
$349M
| $1.25M | ﹤0.01% |
97,428
+8,776
| +10% | +$121K |
|
2433
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$637M
| $1.25M | ﹤0.01% |
93,421
+728
| +0.8% | +$10.4K |
|
2434
Dave & Buster's
PLAY
$403M
| $1.24M | ﹤0.01% |
25,344
-2,045
| -7% | -$81.8K |
|
|
RTL
2435
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $1.24M | ﹤0.01% |
157,272
-12,562
| -7% | -$102K |
|
2436
Teleflex
TFX
$6.18B
| $1.24M | ﹤0.01% |
3,500
+457
| +15% | +$150K |
|
|
GGN
2437
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$770M
| $1.24M | ﹤0.01% |
307,714
-86,597
| -22% | -$334K |
|
2438
POSCO
PKX
$16B
| $1.24M | ﹤0.01% |
20,918
-1,095
| -5% | -$64.6K |
|
2439
Saic
SAIC
$5.08B
| $1.24M | ﹤0.01% |
13,423
+652
| +5% | +$56.2K |
|
2440
Global Ship Lease
GSL
$1.59B
| $1.24M | ﹤0.01% |
43,382
+18,743
| +76% | +$492K |
|
2441
Timothy Plan US Large/Mid Cap Core ETF
TPLC
$313M
| $1.24M | ﹤0.01% |
33,976
-1,365
| -4% | -$48.8K |
|
2442
Carvana
CVNA
$72.7B
| $1.23M | ﹤0.01% |
51,695
+11,355
| +28% | +$331K |
|
|
PSMB
2443
DELISTED
Invesco Balanced Multi-Asset Allocation ETF
PSMB
| $1.23M | ﹤0.01% |
75,458
+10,881
| +17% | +$179K |
|
2444
Invesco China Technology ETF
CQQQ
$3.14B
| $1.23M | ﹤0.01% |
26,168
-1,636
| -6% | -$90.2K |
|
2445
Inspire Small/Mid Cap Impact ETF
ISMD
$347M
| $1.23M | ﹤0.01% |
37,029
+784
| +2% | +$26.1K |
|
2446
Rayonier
RYN
$6.48B
| $1.23M | ﹤0.01% |
32,863
+15,220
| +86% | +$541K |
|
2447
Vanguard ESG US Corporate Bond ETF
VCEB
$1.18B
| $1.22M | ﹤0.01% |
17,989
-1,007
| -5% | -$70.2K |
|
2448
Fidelity Momentum Factor ETF
FDMO
$958M
| $1.22M | ﹤0.01% |
23,865
-742
| -3% | -$36.9K |
|
2449
Fidelity Low Duration Bond Factor ETF
FLDR
$1.98B
| $1.22M | ﹤0.01% |
24,226
-6,264
| -21% | -$316K |
|
2450
Nuveen Real Asset Income & Growth Fund
JRI
$352M
| $1.21M | ﹤0.01% |
79,381
+747
| +0.9% | +$11.3K |
|
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.