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 | |
|---|---|---|---|---|---|---|
|
LVGO
1126
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $3.57M | 0.01% |
25,518
+7,829
| +44% | +$954K |
|
1127
iShares Core 5-10 Year USD Bond ETF
IMTB
$275M
| $3.57M | 0.01% |
68,221
-2,138
| -3% | -$112K |
|
1128
Invesco KBW Bank ETF
KBWB
$6.84B
| $3.56M | 0.01% |
94,890
+43,567
| +85% | +$1.69M |
|
1129
AllianceBernstein
AB
$3.43B
| $3.55M | 0.01% |
131,376
+39,963
| +44% | +$1.12M |
|
1130
HCM Defender 100 Index ETF
QQH
$716M
| $3.55M | 0.01% |
101,411
+74,560
| +278% | +$2.53M |
|
1131
Invesco KBW High Dividend Yield Financial ETF
KBWD
$408M
| $3.55M | 0.01% |
264,304
-41,895
| -14% | -$571K |
|
1132
XPO
XPO
$23.5B
| $3.54M | 0.01% |
121,005
+19,717
| +19% | +$567K |
|
1133
Davis Select US Equity ETF
DUSA
$1.27B
| $3.54M | 0.01% |
140,424
-454
| -0.3% | -$11.4K |
|
1134
Hasbro
HAS
$13.2B
| $3.53M | 0.01% |
42,712
+1,654
| +4% | +$128K |
|
1135
First Trust Alternative Absolute Return Strategy ETF
FAAR
$192M
| $3.52M | 0.01% |
132,164
+30,715
| +30% | +$822K |
|
|
WRK
1136
DELISTED
WestRock Company
WRK
| $3.52M | 0.01% |
101,448
+11,391
| +13% | +$352K |
|
1137
Globus Medical
GMED
$10.7B
| $3.52M | 0.01% |
71,141
+4,674
| +7% | +$241K |
|
|
AXON
1138
Axon Enterprise
AXON
$42.5B
| $3.52M | 0.01% |
38,832
-3,940
| -9% | -$343K |
|
1139
FirstEnergy
FE
$28B
| $3.52M | 0.01% |
122,608
+28,480
| +30% | +$893K |
|
1140
Toro Company
TTC
$8.75B
| $3.52M | 0.01% |
41,903
-170
| -0.4% | -$12.7K |
|
1141
Invesco S&P 500 Momentum ETF
SPMO
$20.8B
| $3.52M | 0.01% |
70,348
+25,339
| +56% | +$1.21M |
|
1142
Sprott Physical Gold and Silver Trust
CEF
$7.4B
| $3.51M | 0.01% |
191,441
+55,915
| +41% | +$1.07M |
|
1143
Ametek
AME
$55.4B
| $3.51M | 0.01% |
35,272
-981
| -3% | -$94.8K |
|
1144
Parker-Hannifin
PH
$123B
| $3.5M | 0.01% |
17,319
+5,027
| +41% | +$989K |
|
|
JHMH
1145
DELISTED
John Hancock Multifactor Healthcare ETF
JHMH
| $3.5M | 0.01% |
87,731
+3,391
| +4% | +$134K |
|
1146
New Oriental
EDU
$9.37B
| $3.5M | 0.01% |
23,412
-504
| -2% | -$72.8K |
|
1147
Appian
APPN
$1.98B
| $3.5M | 0.01% |
54,033
+18,855
| +54% | +$1.02M |
|
1148
Entergy
ETR
$50.2B
| $3.49M | 0.01% |
70,830
+212
| +0.3% | +$10.5K |
|
1149
Motorola Solutions
MSI
$72.3B
| $3.49M | 0.01% |
22,235
+341
| +2% | +$49.8K |
|
|
XLNX
1150
DELISTED
Xilinx Inc
XLNX
| $3.48M | 0.01% |
33,336
-56
| -0.2% | -$5.75K |
|
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.