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 | |
|---|---|---|---|---|---|---|
576
CrowdStrike
CRWD
$194B
| $11.8M | 0.02% |
342,788
+91,644
| +36% | +$2.67M |
|
577
Cintas
CTAS
$81.9B
| $11.8M | 0.02% |
141,428
+4,112
| +3% | +$317K |
|
578
iShares Morningstar US Equity ETF
ILCB
$1.27B
| $11.8M | 0.02% |
241,180
-67,564
| -22% | -$3.22M |
|
579
iShares MSCI KLD 400 Social ETF
DSI
$5.3B
| $11.7M | 0.02% |
182,818
-1,858
| -1% | -$117K |
|
580
Global X FinTech ETF
FINX
$170M
| $11.7M | 0.02% |
307,763
+139,006
| +82% | +$5.07M |
|
581
Rockwell Automation
ROK
$53.4B
| $11.7M | 0.02% |
52,824
+3,408
| +7% | +$761K |
|
|
SPLK
582
DELISTED
Splunk Inc
SPLK
| $11.6M | 0.02% |
61,614
+2,767
| +5% | +$551K |
|
583
Fidelity MSCI Information Technology Index ETF
FTEC
$19.8B
| $11.6M | 0.02% |
125,744
-3,104
| -2% | -$276K |
|
584
Invesco S&P Ultra Dividend Revenue ETF
RDIV
$1.38B
| $11.6M | 0.02% |
430,438
-101,701
| -19% | -$2.87M |
|
585
iShares MSCI France ETF
EWQ
$335M
| $11.6M | 0.02% |
413,943
-426,932
| -51% | -$12.3M |
|
586
Okta
OKTA
$24.7B
| $11.6M | 0.02% |
54,056
-1,316
| -2% | -$274K |
|
587
First Trust Municipal High Income ETF
FMHI
$987M
| $11.5M | 0.02% |
222,849
+49,272
| +28% | +$2.55M |
|
588
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.5B
| $11.5M | 0.02% |
417,739
+13,660
| +3% | +$379K |
|
|
UFOX
589
Defiance Space and Connective Tech ETF
UFOX
$835M
| $11.4M | 0.02% |
401,382
+80,642
| +25% | +$2.31M |
|
590
Vodafone
VOD
$36.3B
| $11.4M | 0.02% |
850,542
-39,869
| -4% | -$601K |
|
591
Weyerhaeuser
WY
$18B
| $11.4M | 0.02% |
398,150
+30,550
| +8% | +$839K |
|
592
iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
$289M
| $11.4M | 0.02% |
388,459
-93,378
| -19% | -$2.79M |
|
593
State Street Ultra Short Term Bond ETF
ULST
$527M
| $11.3M | 0.02% |
278,836
+65,323
| +31% | +$2.64M |
|
594
Tyson Foods
TSN
$20.4B
| $11.2M | 0.02% |
188,625
+9,887
| +6% | +$609K |
|
595
Prudential Financial
PRU
$42.4B
| $11.2M | 0.02% |
176,411
+9,108
| +5% | +$599K |
|
596
Mercado Libre
MELI
$95.2B
| $11.2M | 0.02% |
10,337
+2,205
| +27% | +$2.39M |
|
597
Invesco Dow Jones Industrial Average Dividend ETF
DJD
$482M
| $11.1M | 0.02% |
322,124
+6,886
| +2% | +$239K |
|
598
MetLife
MET
$61.9B
| $11.1M | 0.02% |
298,445
+642
| +0.2% | +$24.4K |
|
599
Lam Research
LRCX
$367B
| $11.1M | 0.02% |
334,320
+34,490
| +12% | +$1.19M |
|
600
First Trust Developed Markets ex-US AlphaDEX Fund
FDT
$1.26B
| $11M | 0.02% |
218,974
-22,500
| -9% | -$1.13M |
|
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.