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 | |
|---|---|---|---|---|---|---|
2451
Nuveen Real Asset Income & Growth Fund
JRI
$352M
| $1.27M | ﹤0.01% |
78,634
-46,016
| -37% | -$715K |
|
2452
The Joint Corp
JYNT
$118M
| $1.26M | ﹤0.01% |
19,250
+450
| +2% | +$36.3K |
|
2453
Tilray
TLRY
$652M
| $1.26M | ﹤0.01% |
18,001
-7,254
| -29% | -$730K |
|
2454
Invesco S&P 500 BuyWrite ETF
PBP
$360M
| $1.26M | ﹤0.01% |
54,681
-6,407
| -10% | -$152K |
|
2455
Zillow
ZG
$8.07B
| $1.26M | ﹤0.01% |
20,312
-33,312
| -62% | -$2.39M |
|
2456
Integra LifeSciences
IART
$1.39B
| $1.26M | ﹤0.01% |
18,622
+3,978
| +27% | +$269K |
|
|
PHK
2457
PIMCO High Income Fund
PHK
$873M
| $1.26M | ﹤0.01% |
204,915
+11,963
| +6% | +$74.6K |
|
2458
NiSource
NI
$21.4B
| $1.26M | ﹤0.01% |
45,582
-2,074
| -4% | -$52.8K |
|
2459
iShares MSCI Emerging Markets Asia ETF
EEMA
$837M
| $1.26M | ﹤0.01% |
15,334
+352
| +2% | +$29.8K |
|
2460
Innovator US Equity Power Buffer ETF April
PAPR
$956M
| $1.26M | ﹤0.01% |
42,883
-678
| -2% | -$19.7K |
|
|
EVN
2461
Eaton Vance Municipal Income Trust
EVN
$415M
| $1.26M | ﹤0.01% |
90,968
-12,031
| -12% | -$165K |
|
|
CIO
2462
DELISTED
City Office REIT
CIO
| $1.25M | ﹤0.01% |
63,634
-2,095
| -3% | -$38.5K |
|
2463
DigitalBridge
DBRG
$2.93B
| $1.25M | ﹤0.01% |
37,542
+422
| +1% | +$12.6K |
|
2464
United States Gasoline Fund
UGA
$125M
| $1.25M | ﹤0.01% |
30,513
+7,893
| +35% | +$322K |
|
|
SBI
2465
Western Asset Intermediate Muni Fund
SBI
$107M
| $1.24M | ﹤0.01% |
128,935
+31,998
| +33% | +$310K |
|
2466
Mitek Systems
MITK
$774M
| $1.24M | ﹤0.01% |
69,806
+7,945
| +13% | +$142K |
|
|
SYNH
2467
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $1.24M | ﹤0.01% |
12,051
-1,167
| -9% | -$112K |
|
2468
National Fuel Gas
NFG
$7.92B
| $1.24M | ﹤0.01% |
19,327
+1,078
| +6% | +$64.4K |
|
2469
PetMed Express
PETS
$42.1M
| $1.24M | ﹤0.01% |
48,915
-5,749
| -11% | -$159K |
|
2470
ProShares High Yield-Interest Rate Hedged ETF
HYHG
$186M
| $1.24M | ﹤0.01% |
19,687
+369
| +2% | +$23.1K |
|
|
SF
2471
Stifel
SF
$12.5B
| $1.23M | ﹤0.01% |
26,294
+3,305
| +14% | +$160K |
|
2472
VanEck Vietnam ETF
VNM
$506M
| $1.23M | ﹤0.01% |
58,067
-1,330
| -2% | -$27K |
|
2473
Petco
WOOF
$814M
| $1.23M | ﹤0.01% |
62,211
+5,103
| +9% | +$112K |
|
2474
Xtrackers Short Duration High Yield Bond ETF
SHYL
$268M
| $1.23M | ﹤0.01% |
25,900
+251
| +1% | +$11.9K |
|
2475
iShares MSCI Global Silver and Metals Miners ETF
SLVP
$784M
| $1.23M | ﹤0.01% |
95,279
+53,448
| +128% | +$715K |
|
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.