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 | |
|---|---|---|---|---|---|---|
451
Regeneron Pharmaceuticals
REGN
$78.5B
| $17.2M | 0.03% |
30,644
-3,173
| -9% | -$1.92M |
|
452
Pacer Trendpilot US Bond ETF
PTBD
$85.5M
| $17.1M | 0.03% |
657,466
+385,805
| +142% | +$10.1M |
|
453
lululemon athletica
LULU
$13.5B
| $17M | 0.03% |
51,733
+5,462
| +12% | +$1.82M |
|
454
Paychex
PAYX
$41.6B
| $17M | 0.03% |
213,279
+16,270
| +8% | +$1.22M |
|
455
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.75B
| $16.9M | 0.03% |
195,109
-119,564
| -38% | -$10.1M |
|
456
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.28B
| $16.8M | 0.03% |
603,637
+73,665
| +14% | +$1.94M |
|
457
Amplify Cybersecurity ETF
HACK
$2.68B
| $16.7M | 0.03% |
359,175
-14,710
| -4% | -$694K |
|
458
Air Products & Chemicals
APD
$65.7B
| $16.6M | 0.03% |
55,798
+9,573
| +21% | +$2.75M |
|
459
iShares 10-20 Year Treasury Bond ETF
TLH
$10.9B
| $16.6M | 0.03% |
99,729
+11,010
| +12% | +$1.85M |
|
460
Invesco NASDAQ Internet ETF
PNQI
$528M
| $16.5M | 0.03% |
401,080
+64,020
| +19% | +$2.53M |
|
461
First Trust Global Tactical Commodity Strategy Fund
FTGC
$2.97B
| $16.5M | 0.03% |
972,208
+890,498
| +1,090% | +$14.9M |
|
462
Edwards Lifesciences
EW
$49.6B
| $16.2M | 0.03% |
202,460
+12,270
| +6% | +$957K |
|
463
State Street SPDR ICE Preferred Securities ETF
PSK
$692M
| $16.1M | 0.03% |
370,237
+49,295
| +15% | +$2.13M |
|
464
iShares Core Conservative Allocation ETF
AOK
$788M
| $16M | 0.03% |
431,032
+63,575
| +17% | +$2.37M |
|
465
Ares Capital
ARCC
$13.5B
| $16M | 0.03% |
1,146,432
+21,952
| +2% | +$312K |
|
466
Uber
UBER
$143B
| $16M | 0.03% |
438,033
+48,453
| +12% | +$1.6M |
|
467
Truist Financial
TFC
$63.3B
| $15.9M | 0.02% |
418,860
-17,199
| -4% | -$648K |
|
|
BSCL
468
DELISTED
Invesco BulletShares 2021 Corporate Bond ETF
BSCL
| $15.9M | 0.02% |
746,904
+91,037
| +14% | +$1.95M |
|
469
Dow Inc
DOW
$21.9B
| $15.9M | 0.02% |
337,724
-53,427
| -14% | -$2.4M |
|
470
ProShares Long Online/Short Stores ETF
CLIX
$7.48M
| $15.9M | 0.02% |
188,466
+32,555
| +21% | +$2.75M |
|
471
National Grid
NGG
$80.4B
| $15.7M | 0.02% |
306,953
-2,549
| -0.8% | -$128K |
|
472
Hartford Total Return Bond ETF
HTRB
$2.2B
| $15.6M | 0.02% |
377,613
+58,586
| +18% | +$2.47M |
|
|
WCLD
473
WisdomTree Cloud Computing Fund
WCLD
$271M
| $15.6M | 0.02% |
364,215
+165,173
| +83% | +$6.81M |
|
474
Invesco Large Cap Value ETF
PWV
$1.68B
| $15.5M | 0.02% |
455,457
-12,550
| -3% | -$432K |
|
475
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $15.4M | 0.02% |
550,232
+173,386
| +46% | +$4.89M |
|
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.