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 | |
|---|---|---|---|---|---|---|
|
FLG
1751
Flagstar Bank National Association
FLG
$5.93B
| $1.27M | ﹤0.01% |
51,074
+2,395
| +5% | +$68.5K |
|
1752
Carlyle Group
CG
$17.6B
| $1.27M | ﹤0.01% |
51,318
-1,988
| -4% | -$53.6K |
|
1753
Ingersoll Rand
IR
$34.4B
| $1.27M | ﹤0.01% |
35,564
+4,346
| +14% | +$145K |
|
1754
Pacer US Small Cap Cash Cows 100 ETF
CALF
$3.74B
| $1.26M | ﹤0.01% |
49,843
-5,263
| -10% | -$133K |
|
1755
iShares Europe ETF
IEV
$1.67B
| $1.26M | ﹤0.01% |
30,119
+1,161
| +4% | +$49.6K |
|
1756
StoneCo
STNE
$2.76B
| $1.26M | ﹤0.01% |
23,845
+8,254
| +53% | +$394K |
|
1757
Fidelity Momentum Factor ETF
FDMO
$933M
| $1.26M | ﹤0.01% |
31,168
-5,156
| -14% | -$204K |
|
1758
BlackRock MuniYield Quality Fund III
MYI
$714M
| $1.26M | ﹤0.01% |
93,582
+3,508
| +4% | +$47.3K |
|
|
CXO
1759
DELISTED
CONCHO RESOURCES INC.
CXO
| $1.26M | ﹤0.01% |
28,514
+3,969
| +16% | +$198K |
|
1760
State Street Income Allocation ETF
INKM
$74.7M
| $1.25M | ﹤0.01% |
40,373
-3,634
| -8% | -$114K |
|
1761
Suncor Energy
SU
$77.9B
| $1.25M | ﹤0.01% |
102,515
-1,292
| -1% | -$20.2K |
|
1762
iShares Government/Credit Bond ETF
GBF
$128M
| $1.25M | ﹤0.01% |
10,003
+1,273
| +15% | +$161K |
|
1763
Palomar
PLMR
$3.62B
| $1.25M | ﹤0.01% |
11,994
+1,122
| +10% | +$110K |
|
1764
BlackRock TCP Capital
TCPC
$283M
| $1.25M | ﹤0.01% |
127,151
+27,725
| +28% | +$269K |
|
1765
FlexShares International Quality Dividend Index Fund
IQDF
$1.15B
| $1.24M | ﹤0.01% |
60,058
+4,177
| +7% | +$88.1K |
|
|
PDM
1766
Piedmont Realty Trust
PDM
$1.24B
| $1.24M | ﹤0.01% |
91,559
-1,640
| -2% | -$25.4K |
|
|
SYSB
1767
iShares Systematic Bond ETF
SYSB
$1.17B
| $1.24M | ﹤0.01% |
12,218
-1,882
| -13% | -$192K |
|
1768
Keurig Dr Pepper
KDP
$42.1B
| $1.24M | ﹤0.01% |
44,925
+1,011
| +2% | +$29.6K |
|
|
DMB
1769
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$193M
| $1.24M | ﹤0.01% |
92,104
+198
| +0.2% | +$2.69K |
|
1770
Melco Resorts & Entertainment
MLCO
$2.17B
| $1.24M | ﹤0.01% |
74,432
-2,986
| -4% | -$52.9K |
|
|
DHY
1771
Credit Suisse High Yield Credit Fund
DHY
$239M
| $1.24M | ﹤0.01% |
586,480
+239,196
| +69% | +$501K |
|
1772
Fidelity MSCI Energy Index ETF
FENY
$1.98B
| $1.24M | ﹤0.01% |
156,587
-5,470
| -3% | -$51.2K |
|
1773
The 3D Printing ETF
PRNT
$61.4M
| $1.24M | ﹤0.01% |
51,684
+6,856
| +15% | +$159K |
|
1774
Donaldson
DCI
$11.1B
| $1.24M | ﹤0.01% |
26,598
+16,769
| +171% | +$815K |
|
1775
Ubiquiti
UI
$33.2B
| $1.23M | ﹤0.01% |
7,401
+223
| +3% | +$39.3K |
|
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.