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 | |
|---|---|---|---|---|---|---|
3026
Prestige Consumer Healthcare
PBH
$2.46B
| $252K | ﹤0.01% |
6,929
+339
| +5% | +$12.6K |
|
3027
Pinduoduo
PDD
$128B
| $252K | ﹤0.01% |
3,400
+838
| +33% | +$71.8K |
|
|
SELF
3028
Global Self Storage
SELF
$58.9M
| $252K | ﹤0.01% |
62,920
-2,246
| -3% | -$8.76K |
|
3029
Fidelity Quality Factor ETF
FQAL
$1.43B
| $251K | ﹤0.01% |
6,430
-96
| -1% | -$3.72K |
|
|
ENDP
3030
DELISTED
Endo International plc
ENDP
| $251K | ﹤0.01% |
76,113
-6,575
| -8% | -$21.1K |
|
3031
Coca-Cola Europacific Partners
CCEP
$47.8B
| $250K | ﹤0.01% |
6,430
-363
| -5% | -$14.9K |
|
3032
Floor & Decor
FND
$6.08B
| $250K | ﹤0.01% |
3,338
-511
| -13% | -$35.1K |
|
3033
Grand Canyon Education
LOPE
$3.93B
| $250K | ﹤0.01% |
3,128
-4,691
| -60% | -$425K |
|
3034
Applied Industrial Technologies
AIT
$13B
| $249K | ﹤0.01% |
4,511
+3
| +0.1% | +$183 |
|
3035
Kontoor Brands
KTB
$4.68B
| $249K | ﹤0.01% |
+10,298
| New | +$216K |
|
3036
Sociedad Química y Minera de Chile
SQM
$19.1B
| $249K | ﹤0.01% |
+7,695
| New | +$240K |
|
|
GLOP
3037
DELISTED
GASLOG PARTNERS LP
GLOP
| $249K | ﹤0.01% |
74,150
-1,092
| -1% | -$4.33K |
|
|
IBDD
3038
DELISTED
iShares iBonds Mar 2023 Term Corporate ETF
IBDD
| $249K | ﹤0.01% |
9,126
-126
| -1% | -$3.45K |
|
3039
Darling Ingredients
DAR
$9.5B
| $248K | ﹤0.01% |
6,883
-1,893
| -22% | -$57.9K |
|
3040
Helmerich & Payne
HP
$3.41B
| $248K | ﹤0.01% |
16,961
-71,023
| -81% | -$1.24M |
|
3041
Tilray
TLRY
$632M
| $248K | ﹤0.01% |
5,115
+2,666
| +109% | +$178K |
|
3042
IQ MacKay Municipal Intermediate ETF
MMIT
$1.46B
| $247K | ﹤0.01% |
+9,361
| New | +$247K |
|
|
PSMB
3043
DELISTED
Invesco Balanced Multi-Asset Allocation ETF
PSMB
| $247K | ﹤0.01% |
18,039
+6,592
| +58% | +$90.5K |
|
3044
Americold
COLD
$4.03B
| $246K | ﹤0.01% |
6,886
-4,800
| -41% | -$181K |
|
3045
Canadian Natural Resources
CNQ
$96.7B
| $245K | ﹤0.01% |
31,198
-2,432
| -7% | -$21.9K |
|
3046
Dave & Buster's
PLAY
$403M
| $245K | ﹤0.01% |
16,159
+1,477
| +10% | +$21.8K |
|
3047
Westamerica Bancorp
WABC
$1.39B
| $245K | ﹤0.01% |
4,516
+46
| +1% | +$2.69K |
|
|
LTHM
3048
DELISTED
Livent Corporation
LTHM
| $245K | ﹤0.01% |
27,319
+7,116
| +35% | +$53.5K |
|
3049
Sonic Automotive
SAH
$2.76B
| $244K | ﹤0.01% |
+6,088
| New | +$247K |
|
|
FSD
3050
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| $244K | ﹤0.01% |
17,536
-43
| -0.2% | -$595 |
|
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.