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 | |
|---|---|---|---|---|---|---|
2951
Teucrium Sugar Fund
CANE
$56.3M
| $281K | ﹤0.01% |
46,150
-145
| -0.3% | -$860 |
|
2952
Ameresco
AMRC
$1.12B
| $280K | ﹤0.01% |
+8,372
| New | +$253K |
|
|
COOP
2953
DELISTED
Mr. Cooper
COOP
| $280K | ﹤0.01% |
+12,563
| New | +$217K |
|
|
WSR
2954
DELISTED
Whitestone REIT
WSR
| $280K | ﹤0.01% |
46,710
-2,743
| -6% | -$17.8K |
|
2955
CVB Financial
CVBF
$3.94B
| $279K | ﹤0.01% |
16,779
-135
| -0.8% | -$2.41K |
|
2956
FirstService
FSV
$6.48B
| $279K | ﹤0.01% |
+2,114
| New | +$250K |
|
|
HYB
2957
DELISTED
New America High Income Fund, Inc.
HYB
| $279K | ﹤0.01% |
34,058
-2,203
| -6% | -$18K |
|
2958
Louisiana-Pacific
LPX
$5.06B
| $278K | ﹤0.01% |
9,422
+740
| +9% | +$22.7K |
|
2959
Norwood Financial Corp
NWFL
$370M
| $278K | ﹤0.01% |
11,419
-133
| -1% | -$3.44K |
|
|
IBHA
2960
DELISTED
iShares iBonds 2021 Term High Yield and Income ETF
IBHA
| $278K | ﹤0.01% |
+11,473
| New | +$276K |
|
|
EGOV
2961
DELISTED
NIC Inc
EGOV
| $278K | ﹤0.01% |
14,126
+1,086
| +8% | +$23.5K |
|
2962
Alcoa
AA
$11.9B
| $277K | ﹤0.01% |
23,856
-6,072
| -20% | -$81.5K |
|
2963
Ovintiv
OVV
$17.3B
| $277K | ﹤0.01% |
33,923
-107
| -0.3% | -$1.1K |
|
2964
Wrap Technologies
WRAP
$103M
| $277K | ﹤0.01% |
40,950
+7,500
| +22% | +$71.5K |
|
|
IRR
2965
DELISTED
VOYA NATURAL RESOURCES EQUITY INCOME FUND
IRR
| $276K | ﹤0.01% |
113,118
+25,599
| +29% | +$63.6K |
|
2966
VanEck Environmental Services ETF
EVX
$100M
| $275K | ﹤0.01% |
13,740
+725
| +6% | +$14.2K |
|
2967
Alarm.com
ALRM
$2.71B
| $274K | ﹤0.01% |
4,961
+353
| +8% | +$21.8K |
|
|
DVAX
2968
DELISTED
Dynavax Technologies
DVAX
| $274K | ﹤0.01% |
63,534
-142,525
| -69% | -$1.02M |
|
|
ACH
2969
Accendra Health
ACH
$237M
| $274K | ﹤0.01% |
10,905
-5,149
| -32% | -$75.1K |
|
|
ALTR
2970
DELISTED
Altair Engineering Inc
ALTR
| $274K | ﹤0.01% |
6,517
+473
| +8% | +$19K |
|
2971
ProShares UltraPro QQQ
TQQQ
$34.6B
| $273K | ﹤0.01% |
+16,688
| New | +$263K |
|
2972
Zions Bancorporation
ZION
$10.2B
| $273K | ﹤0.01% |
9,345
-2,116
| -18% | -$68.2K |
|
|
SUMO
2973
DELISTED
Sumo Logic, Inc. Common Stock
SUMO
| $273K | ﹤0.01% |
+12,521
| New | +$296K |
|
|
APTS
2974
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $273K | ﹤0.01% |
50,624
-94,286
| -65% | -$641K |
|
|
CORE
2975
DELISTED
Core Mark Holding Co., Inc.
CORE
| $272K | ﹤0.01% |
9,416
+63
| +0.7% | +$1.84K |
|
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.