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 | |
|---|---|---|---|---|---|---|
2876
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
$2.27B
| $314K | ﹤0.01% |
11,207
-2,673
| -19% | -$76.3K |
|
2877
AerCap
AER
$23.7B
| $312K | ﹤0.01% |
12,373
-1,240
| -9% | -$35.9K |
|
2878
BlueLinx
BXC
$422M
| $312K | ﹤0.01% |
14,500
| – | – |
|
2879
NOV
NOV
$6.93B
| $312K | ﹤0.01% |
34,383
-5,439
| -14% | -$63.6K |
|
2880
Flowserve
FLS
$9.71B
| $311K | ﹤0.01% |
11,378
+505
| +5% | +$14.7K |
|
2881
Vale
VALE
$64.1B
| $311K | ﹤0.01% |
29,435
+1,848
| +7% | +$20.8K |
|
|
SYE
2882
DELISTED
SPDR MFS Systematic Core Equity ETF of SSgA Active Trust
SYE
| $311K | ﹤0.01% |
3,529
+81
| +2% | +$7.07K |
|
2883
BILL Holdings
BILL
$4.49B
| $310K | ﹤0.01% |
+3,088
| New | +$281K |
|
|
QWLD
2884
State Street SPDR MSCI World StrategicFactors ETF
QWLD
$176M
| $310K | ﹤0.01% |
3,705
+584
| +19% | +$48.6K |
|
|
SNV
2885
DELISTED
Synovus
SNV
| $310K | ﹤0.01% |
14,636
-12,890
| -47% | -$269K |
|
2886
Silicon Laboratories
SLAB
$7.17B
| $309K | ﹤0.01% |
3,161
+132
| +4% | +$13.3K |
|
2887
Visteon
VC
$2.79B
| $309K | ﹤0.01% |
4,458
+89
| +2% | +$6.58K |
|
2888
Vertiv
VRT
$93B
| $309K | ﹤0.01% |
+17,866
| New | +$280K |
|
2889
ALPS Dynamic Core Income ETF
RFCI
$16M
| $308K | ﹤0.01% |
+11,764
| New | +$309K |
|
|
SBI
2890
Western Asset Intermediate Muni Fund
SBI
$107M
| $307K | ﹤0.01% |
33,932
+17,850
| +111% | +$160K |
|
|
GTLS
2891
DELISTED
Chart Industries
GTLS
| $306K | ﹤0.01% |
4,350
-106
| -2% | -$6.89K |
|
|
NIE
2892
Virtus Equity & Convertible Income Fund
NIE
$719M
| $306K | ﹤0.01% |
+12,598
| New | +$305K |
|
2893
Victory Portfolios II VictoryShares Core Intermediate Bond ETF
UITB
$2.65B
| $306K | ﹤0.01% |
5,650
+246
| +5% | +$13.4K |
|
2894
AeroVironment
AVAV
$7.56B
| $305K | ﹤0.01% |
5,086
+421
| +9% | +$31.3K |
|
2895
Carlisle Companies
CSL
$14.3B
| $305K | ﹤0.01% |
2,491
-137
| -5% | -$16.8K |
|
2896
Middleby
MIDD
$6.04B
| $305K | ﹤0.01% |
3,403
-188
| -5% | -$17K |
|
2897
Vanguard US Momentum Factor ETF
VFMO
$1.8B
| $305K | ﹤0.01% |
+3,216
| New | +$297K |
|
2898
Hexcel
HXL
$7.79B
| $304K | ﹤0.01% |
9,061
-2,349
| -21% | -$94.8K |
|
|
PRTY
2899
DELISTED
Party City Holdco Inc.
PRTY
| $304K | ﹤0.01% |
117,000
+106,725
| +1,039% | +$226K |
|
|
SIVB
2900
DELISTED
SVB Financial Group
SIVB
| $304K | ﹤0.01% |
1,264
-12
| -0.9% | -$2.82K |
|
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.