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 | |
|---|---|---|---|---|---|---|
1326
Sony
SONY
$137B
| $2.53M | ﹤0.01% |
165,005
+2,375
| +1% | +$36.9K |
|
1327
Royal Bank of Canada
RY
$291B
| $2.53M | ﹤0.01% |
36,094
+611
| +2% | +$43.9K |
|
1328
iShares Global REIT ETF
REET
$5.09B
| $2.53M | ﹤0.01% |
120,370
+17,292
| +17% | +$370K |
|
1329
Fortinet
FTNT
$119B
| $2.53M | ﹤0.01% |
107,210
-87,785
| -45% | -$2.27M |
|
1330
WisdomTree International Equity Fund
DWM
$679M
| $2.51M | ﹤0.01% |
55,254
-82
| -0.1% | -$3.79K |
|
1331
iShare MSCI Eurozone ETF
EZU
$9.64B
| $2.51M | ﹤0.01% |
66,235
+19,906
| +43% | +$771K |
|
1332
First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF
FTHI
$2.39B
| $2.51M | ﹤0.01% |
130,891
-8,683
| -6% | -$171K |
|
1333
Toyota
TM
$224B
| $2.5M | ﹤0.01% |
18,883
+985
| +6% | +$128K |
|
1334
Essential Utilities
WTRG
$11.3B
| $2.5M | ﹤0.01% |
62,084
+342
| +0.6% | +$14.7K |
|
1335
QuidelOrtho
QDEL
$1.14B
| $2.5M | ﹤0.01% |
11,381
+660
| +6% | +$147K |
|
1336
New Mountain Finance
NMFC
$651M
| $2.49M | ﹤0.01% |
260,635
-1,691
| -0.6% | -$16.3K |
|
|
PMT
1337
PennyMac Mortgage Investment
PMT
$822M
| $2.49M | ﹤0.01% |
154,818
+5,080
| +3% | +$90K |
|
1338
iShares MSCI USA Size Factor ETF
SIZE
$428M
| $2.49M | ﹤0.01% |
26,513
-6,254
| -19% | -$582K |
|
1339
Evergy
EVRG
$19.1B
| $2.47M | ﹤0.01% |
48,679
+6,022
| +14% | +$337K |
|
1340
iShares Morningstar Small-Cap Value ETF
ISCV
$692M
| $2.47M | ﹤0.01% |
69,870
-4,536
| -6% | -$164K |
|
1341
VanEck Emerging Markets High Yield Bond ETF
HYEM
$523M
| $2.47M | ﹤0.01% |
108,640
-128,648
| -54% | -$2.94M |
|
1342
Teledyne Technologies
TDY
$30.4B
| $2.46M | ﹤0.01% |
7,913
-85
| -1% | -$26.8K |
|
1343
Novavax
NVAX
$1.2B
| $2.45M | ﹤0.01% |
22,639
+7,549
| +50% | +$920K |
|
|
CAPD
1344
DELISTED
iPath Shiller CAPE ETN
CAPD
| $2.45M | ﹤0.01% |
157,270
+14,230
| +10% | +$218K |
|
1345
Nice
NICE
$5.79B
| $2.45M | ﹤0.01% |
10,785
-752
| -7% | -$160K |
|
|
HDS
1346
DELISTED
HD Supply Holdings, Inc.
HDS
| $2.45M | ﹤0.01% |
59,376
+8,413
| +17% | +$321K |
|
1347
Masco
MAS
$14.1B
| $2.45M | ﹤0.01% |
44,400
-1,421
| -3% | -$79.6K |
|
|
STZ.B
1348
DELISTED
CONSTELLATION BRANDS, INC. CLASS B
STZ.B
| $2.45M | ﹤0.01% |
12,935
| – | – |
|
1349
WisdomTree India Earnings Fund ETF
EPI
$2.06B
| $2.44M | ﹤0.01% |
103,423
+16,169
| +19% | +$367K |
|
1350
First Trust Nasdaq Transportation ETF
FTXR
$1.07B
| $2.43M | ﹤0.01% |
104,209
+90,825
| +679% | +$2.03M |
|
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.