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 | |
|---|---|---|---|---|---|---|
1301
Kinsale Capital Group
KNSL
$8.12B
| $2.71M | ﹤0.01% |
14,242
+746
| +6% | +$137K |
|
1302
Virgin Galactic
SPCE
$328M
| $2.7M | ﹤0.01% |
7,016
+1,673
| +31% | +$635K |
|
1303
Conagra Brands
CAG
$6.94B
| $2.68M | ﹤0.01% |
75,162
+3,205
| +4% | +$117K |
|
1304
Franklin Short Duration US Government ETF
FTSD
$300M
| $2.68M | ﹤0.01% |
27,961
+6,010
| +27% | +$577K |
|
1305
Invesco DB US Dollar Index Bullish Fund
UUP
$420M
| $2.67M | ﹤0.01% |
105,542
+40,160
| +61% | +$1.02M |
|
1306
Warner Bros
WBD
$65.9B
| $2.67M | ﹤0.01% |
122,409
+2,566
| +2% | +$56K |
|
1307
Polaris
PII
$3.82B
| $2.64M | ﹤0.01% |
27,999
+139
| +0.5% | +$13.7K |
|
|
CONE
1308
DELISTED
CyrusOne Inc Common Stock
CONE
| $2.63M | ﹤0.01% |
37,581
+3,108
| +9% | +$244K |
|
1309
BlackRock Corporate High Yield Fund
HYT
$1.36B
| $2.63M | ﹤0.01% |
246,300
-869
| -0.4% | -$9.37K |
|
|
SCHR
1310
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.3B
| $2.63M | ﹤0.01% |
89,566
+9,994
| +13% | +$293K |
|
1311
Invesco S&P International Developed Quality ETF
IDHQ
$928M
| $2.63M | ﹤0.01% |
99,987
+64,254
| +180% | +$1.66M |
|
1312
ProShares Pet Care ETF
PAWZ
$34M
| $2.63M | ﹤0.01% |
43,787
+38,733
| +766% | +$2.16M |
|
1313
Gabelli Dividend & Income Trust
GDV
$2.6B
| $2.62M | ﹤0.01% |
142,851
+9,668
| +7% | +$180K |
|
|
XYZ
1314
PUT
Block Inc
XYZ
$48.4B
| $2.6M | ﹤0.01% |
+16,000
| New | +$2.26M |
|
1315
CMS Energy
CMS
$22.6B
| $2.59M | ﹤0.01% |
42,232
+1,368
| +3% | +$83.8K |
|
1316
Global X MSCI Norway ETF
NORW
$88M
| $2.59M | ﹤0.01% |
+105,544
| New | +$2.53M |
|
1317
Teva Pharmaceuticals
TEVA
$40.8B
| $2.58M | ﹤0.01% |
286,559
-36,519
| -11% | -$386K |
|
1318
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$724M
| $2.57M | ﹤0.01% |
82,915
+2,261
| +3% | +$67.8K |
|
1319
Tandem Diabetes Care
TNDM
$1.34B
| $2.57M | ﹤0.01% |
22,632
+3,583
| +19% | +$376K |
|
1320
State Street SPDR S&P Transportation ETF
XTN
$387M
| $2.57M | ﹤0.01% |
44,127
+14,075
| +47% | +$810K |
|
1321
Lumen
LUMN
$6.57B
| $2.56M | ﹤0.01% |
253,991
+37,193
| +17% | +$386K |
|
1322
iShares Global Infrastructure ETF
IGF
$10.9B
| $2.56M | ﹤0.01% |
66,353
-2,433
| -4% | -$95.9K |
|
|
AGGP
1323
DELISTED
IQ Enhanced Core Plus Bond U.S. ETF
AGGP
| $2.56M | ﹤0.01% |
129,652
-424
| -0.3% | -$8.45K |
|
1324
Atmos Energy
ATO
$28.8B
| $2.55M | ﹤0.01% |
26,636
+6,314
| +31% | +$630K |
|
1325
Snowflake
SNOW
$102B
| $2.54M | ﹤0.01% |
+10,141
| New | +$2.41M |
|
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.