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 | |
|---|---|---|---|---|---|---|
2801
CNO Financial Group
CNO
$5.12B
| $344K | ﹤0.01% |
21,469
-300
| -1% | -$4.81K |
|
2802
Schwab 1000 Index ETF
SCHK
$5.8B
| $344K | ﹤0.01% |
20,846
-1,594
| -7% | -$26K |
|
|
UCTT
2803
Ultra Clean Holdings
UCTT
$4B
| $344K | ﹤0.01% |
16,016
+683
| +4% | +$16.6K |
|
2804
First Trust Switzerland AlphaDEX Fund
FSZ
$36.9M
| $343K | ﹤0.01% |
6,380
-1,014
| -14% | -$53K |
|
2805
PRA Group
PRAA
$666M
| $342K | ﹤0.01% |
8,553
-1,518
| -15% | -$63.1K |
|
2806
Olin
OLN
$2.12B
| $341K | ﹤0.01% |
27,561
-14,471
| -34% | -$167K |
|
2807
PJT Partners
PJT
$4.36B
| $341K | ﹤0.01% |
5,619
+308
| +6% | +$17.3K |
|
|
IBCE
2808
DELISTED
iShares iBonds Mar 2023 Term Corporate ex-Financials ETF
IBCE
| $341K | ﹤0.01% |
13,587
-1,837
| -12% | -$46.2K |
|
2809
Invesco Municipal Trust
VKQ
$537M
| $340K | ﹤0.01% |
28,280
+333
| +1% | +$4.09K |
|
2810
Extra Space Storage
EXR
$31.6B
| $339K | ﹤0.01% |
3,164
-353
| -10% | -$36.5K |
|
2811
First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF
FTQI
$914M
| $339K | ﹤0.01% |
17,661
-861
| -5% | -$17.2K |
|
2812
SFL Corp
SFL
$1.65B
| $339K | ﹤0.01% |
45,302
+3,044
| +7% | +$26.6K |
|
|
COHR
2813
DELISTED
Coherent Inc
COHR
| $339K | ﹤0.01% |
3,059
-40
| -1% | -$4.84K |
|
|
EV
2814
DELISTED
Eaton Vance Corp.
EV
| $339K | ﹤0.01% |
8,891
+2,492
| +39% | +$95.3K |
|
2815
Douglas Dynamics
PLOW
$972M
| $337K | ﹤0.01% |
9,867
+167
| +2% | +$6.17K |
|
2816
Mercury Insurance
MCY
$5.94B
| $336K | ﹤0.01% |
8,115
+144
| +2% | +$6.19K |
|
2817
Devon Energy
DVN
$51.4B
| $335K | ﹤0.01% |
35,396
+1,113
| +3% | +$11.7K |
|
2818
iShares Currency Hedged MSCI Emerging Markets
HEEM
$277M
| $335K | ﹤0.01% |
12,370
-2,201
| -15% | -$59.5K |
|
2819
HF Sinclair
DINO
$15.8B
| $334K | ﹤0.01% |
16,929
-2,491
| -13% | -$62.1K |
|
2820
Fidelity High Yield Factor ETF
FDHY
$576M
| $334K | ﹤0.01% |
+6,214
| New | +$334K |
|
2821
GoodRx Holdings
GDRX
$1.07B
| $334K | ﹤0.01% |
+5,999
| New | +$318K |
|
2822
Clarivate
CLVT
$1.24B
| $333K | ﹤0.01% |
+10,749
| New | +$291K |
|
2823
Curtiss-Wright
CW
$27.6B
| $333K | ﹤0.01% |
3,572
+776
| +28% | +$74.5K |
|
2824
Equitable Holdings
EQH
$13.1B
| $333K | ﹤0.01% |
18,282
+1,916
| +12% | +$38.5K |
|
2825
WisdomTree Europe Quality Dividend Growth Fund
EUDG
$69.6M
| $333K | ﹤0.01% |
12,026
+77
| +0.6% | +$2.11K |
|
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.