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 |
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
|
+$239M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$94.9M |
| 3 |
Goldman Sachs Access US Aggregate Bond ETF
GCOR
|
+$87.2M |
| 4 |
Goldman Sachs ActiveBeta International Equity ETF
GSIE
|
+$85.4M |
| 5 |
Apple
AAPL
|
+$81.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares S&P 500 Growth ETF
IVW
|
+$135M |
| 2 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$117M |
| 3 |
iShares S&P 500 Value ETF
IVE
|
+$108M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$81.2M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$57.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.1% |
| 2 | Consumer Discretionary | 3.02% |
| 3 | Healthcare | 2.68% |
| 4 | Financials | 2.54% |
| 5 | Communication Services | 2.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Arrowhead Research
ARWR
$12.6B
| $493K | ﹤0.01% |
11,451
-1,512
| -12% | -$65.2K |
|
|
TGH
2477
DELISTED
Textainer Group Holdings limited
TGH
| $493K | ﹤0.01% |
34,841
-183
| -0.5% | -$1.97K |
|
|
SYNH
2478
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $493K | ﹤0.01% |
9,281
+124
| +1% | +$7.38K |
|
2479
iShares MSCI Italy ETF
EWI
$1.07B
| $492K | ﹤0.01% |
20,164
-279
| -1% | -$7.09K |
|
|
FMBI
2480
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $492K | ﹤0.01% |
45,651
+444
| +1% | +$5.47K |
|
|
ENV
2481
DELISTED
ENVESTNET, INC.
ENV
| $492K | ﹤0.01% |
6,380
-223
| -3% | -$17.8K |
|
2482
Elastic
ESTC
$7.39B
| $491K | ﹤0.01% |
4,554
-5,465
| -55% | -$536K |
|
2483
Omnicell
OMCL
$1.69B
| $491K | ﹤0.01% |
+6,582
| New | +$456K |
|
|
EIM
2484
Eaton Vance Municipal Bond Fund
EIM
$494M
| $490K | ﹤0.01% |
37,212
-2,755
| -7% | -$36.1K |
|
2485
InfraCap REIT Preferred ETF
PFFR
$122M
| $489K | ﹤0.01% |
22,233
-552
| -2% | -$12K |
|
2486
Liberty Broadband Class A
LBRDA
$5.17B
| $488K | ﹤0.01% |
3,439
-93
| -3% | -$12.6K |
|
2487
Saic
SAIC
$5.09B
| $488K | ﹤0.01% |
6,229
+296
| +5% | +$23.3K |
|
2488
Westlake Corp
WLK
$10.3B
| $487K | ﹤0.01% |
7,705
-416
| -5% | -$24.6K |
|
2489
Palantir
PLTR
$390B
| $486K | ﹤0.01% |
+51,143
| New | +$486K |
|
2490
Thor Industries
THO
$4.16B
| $486K | ﹤0.01% |
5,100
-3,122
| -38% | -$323K |
|
2491
Equity Residential
EQR
$25.4B
| $485K | ﹤0.01% |
9,453
-23,579
| -71% | -$1.3M |
|
2492
ALPS International Sector Dividend Dogs ETF
IDOG
$555M
| $485K | ﹤0.01% |
22,501
+3,772
| +20% | +$86.1K |
|
|
JHB
2493
DELISTED
Nuveen Corporate Income November 2021 Target Term Fund
JHB
| $485K | ﹤0.01% |
54,243
-76,736
| -59% | -$697K |
|
2494
Haemonetics
HAE
$3.88B
| $484K | ﹤0.01% |
5,546
+2,829
| +104% | +$247K |
|
2495
Kornit Digital
KRNT
$787M
| $484K | ﹤0.01% |
7,457
+1,054
| +16% | +$60.4K |
|
2496
Spire
SR
$4.7B
| $484K | ﹤0.01% |
9,094
+3,301
| +57% | +$197K |
|
|
DCP
2497
DELISTED
DCP Midstream, LP
DCP
| $484K | ﹤0.01% |
43,324
-5,364
| -11% | -$64.9K |
|
|
IPFF
2498
DELISTED
iShares International Preferred Stock ETF
IPFF
| $483K | ﹤0.01% |
34,334
-1,230
| -3% | -$17K |
|
2499
EastGroup Properties
EGP
$11B
| $481K | ﹤0.01% |
3,721
+200
| +6% | +$25.8K |
|
2500
Timothy Plan High Dividend Stock ETF
TPHD
$365M
| $481K | ﹤0.01% |
20,993
+9,638
| +85% | +$221K |
|
Similar funds
LPL Financial's Q3 2020 Portfolio in Review
As of Q3 2020, LPL Financial held 3,702 positions worth $64B, up 12% from $57.4B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial deployed $2.84B of net new capital in Q3 2020, opening 233 new positions and adding to 1,921 existing holdings. Its largest new stake was Goldman Sachs Access US Aggregate Bond ETF: 1,744,998 shares worth $87M.
By sector, the portfolio is most concentrated in Technology at 6.1% of assets, up from 5.5% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was iShares S&P 500 Growth ETF, an estimated $135M trimmed.
- LPL Financial's largest Q3 2020 buy was Goldman Sachs Access US Aggregate Bond ETF: 1,744,998 shares worth $87M.
- LPL Financial added most to Goldman Sachs ActiveBeta US Large Cap Equity ETF in Q3 2020, an estimated $239M increase.
- LPL Financial's biggest Q3 2020 reduction was iShares S&P 500 Growth ETF, cutting an estimated $135M.
- LPL Financial fully exited iShares iBonds Sep 2020 Term Muni Bond ETF in Q3 2020, selling an estimated $6.02M.
- LPL Financial's ten largest holdings make up 21% of its $64B portfolio in Q3 2020.
- LPL Financial opened 233 new positions and closed 157 in Q3 2020.
- LPL Financial's portfolio value rose 12% quarter-over-quarter to $64B.
Based on LPL Financial's 13F filing for Q3 2020, filed 9 Nov 2020.