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 | |
|---|---|---|---|---|---|---|
|
AGEN
3326
Agenus
AGEN
$312M
| $122K | ﹤0.01% |
1,560
+64
| +4% | +$4.98K |
|
3327
Deutsche Bank
DB
$69B
| $121K | ﹤0.01% |
14,371
+1,442
| +11% | +$13.5K |
|
|
IGA
3328
Voya Global Advantage and Premium Opportunity Fund
IGA
$157M
| $120K | ﹤0.01% |
14,340
-1,354
| -9% | -$11.2K |
|
|
GNT
3329
GAMCO Natural Resources, Gold & Income Trust
GNT
$135M
| $119K | ﹤0.01% |
24,101
-3,956
| -14% | -$20.1K |
|
|
FT
3330
Franklin Universal Trust
FT
$199M
| $118K | ﹤0.01% |
17,360
-318
| -2% | -$2.21K |
|
3331
Invesco Energy Exploration & Production ETF
PXE
$89.6M
| $118K | ﹤0.01% |
15,666
+3,523
| +29% | +$32K |
|
3332
Resideo Technologies
REZI
$5.19B
| $118K | ﹤0.01% |
10,761
-346
| -3% | -$4.38K |
|
|
DENN
3333
DELISTED
Denny's
DENN
| $117K | ﹤0.01% |
+11,748
| New | +$118K |
|
3334
Invesco S&P SmallCap Energy ETF
PSCE
$98.6M
| $117K | ﹤0.01% |
7,696
-3,397
| -31% | -$58.8K |
|
|
CVA
3335
DELISTED
Covanta Holding Corporation
CVA
| $117K | ﹤0.01% |
15,127
-4,219
| -22% | -$38.7K |
|
|
FLY
3336
DELISTED
Fly Leasing Limited
FLY
| $117K | ﹤0.01% |
16,125
-2,326
| -13% | -$16.8K |
|
|
NORW
3337
DELISTED
Global X MSCI Norway ETF
NORW
| $116K | ﹤0.01% |
11,259
-1,319
| -10% | -$13.9K |
|
3338
B2Gold
BTG
$5B
| $115K | ﹤0.01% |
+17,564
| New | +$114K |
|
3339
Immatics
IMTX
$1.18B
| $115K | ﹤0.01% |
+10,873
| New | +$115K |
|
3340
Pluri
PLUR
$16.7M
| $115K | ﹤0.01% |
1,369
-267
| -16% | -$20.4K |
|
3341
DigitalBridge
DBRG
$2.93B
| $114K | ﹤0.01% |
10,401
-3,416
| -25% | -$33.1K |
|
3342
Nuveen Select Maturities Municipal Fund
NIM
$114M
| $114K | ﹤0.01% |
10,855
+325
| +3% | +$3.4K |
|
3343
Sasol
SSL
$7.5B
| $114K | ﹤0.01% |
15,062
+555
| +4% | +$4.58K |
|
|
AKTS
3344
DELISTED
Akoustis Technologies Inc
AKTS
| $112K | ﹤0.01% |
13,784
+1,824
| +15% | +$14.8K |
|
|
TSI
3345
TCW Strategic Income Fund
TSI
$214M
| $111K | ﹤0.01% |
19,831
+5,940
| +43% | +$34K |
|
3346
CorMedix
CRMD
$591M
| $110K | ﹤0.01% |
18,287
+4,550
| +33% | +$22.9K |
|
3347
ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040
MLPB
$251M
| $110K | ﹤0.01% |
+11,734
| New | +$125K |
|
3348
Alaunos Therapeutics
TCRT
$4.59M
| $110K | ﹤0.01% |
292
+9
| +3% | +$3.98K |
|
3349
BGC Group
BGC
$5.45B
| $108K | ﹤0.01% |
45,196
-11,605
| -20% | -$30.3K |
|
3350
Acacia Research
ACTG
$428M
| $107K | ﹤0.01% |
30,800
-170
| -0.5% | -$662 |
|
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.