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 | |
|---|---|---|---|---|---|---|
1926
Invesco DB Precious Metals Fund
DBP
$241M
| $1.03M | ﹤0.01% |
20,150
+4,106
| +26% | +$218K |
|
1927
Landstar System
LSTR
$6.19B
| $1.03M | ﹤0.01% |
8,244
+94
| +1% | +$11.8K |
|
1928
PUT
State Street Financial Select Sector SPDR ETF
XLF
$58.6B
| $1.03M | ﹤0.01% |
43,000
+1,000
| +2% | +$24.3K |
|
1929
VanEck Oil Services ETF
OIH
$1.94B
| $1.03M | ﹤0.01% |
10,584
-1,872
| -15% | -$230K |
|
1930
Suburban Propane Partners
SPH
$1.2B
| $1.03M | ﹤0.01% |
63,404
-5,768
| -8% | -$79.1K |
|
|
HES
1931
DELISTED
Hess
HES
| $1.03M | ﹤0.01% |
25,117
+8,047
| +47% | +$382K |
|
|
RVNC
1932
DELISTED
Revance Therapeutics, Inc.
RVNC
| $1.03M | ﹤0.01% |
40,884
+1,190
| +3% | +$31.2K |
|
1933
Yeti Holdings
YETI
$3.91B
| $1.02M | ﹤0.01% |
22,613
+7,943
| +54% | +$377K |
|
1934
AdvisorShares Pure Cannabis ETF
YOLO
$31.1M
| $1.02M | ﹤0.01% |
95,569
+27,316
| +40% | +$313K |
|
1935
Pentair
PNR
$10.9B
| $1.02M | ﹤0.01% |
22,350
-634
| -3% | -$27.6K |
|
|
WEA
1936
Western Asset Premier Bond Fund
WEA
$124M
| $1.02M | ﹤0.01% |
79,208
+5,918
| +8% | +$80.4K |
|
|
BFX
1937
DELISTED
BowFlex Inc.
BFX
| $1.02M | ﹤0.01% |
59,451
+26,011
| +78% | +$333K |
|
|
GGT
1938
Gabelli Multimedia Trust
GGT
$171M
| $1.02M | ﹤0.01% |
160,163
+5,057
| +3% | +$34.2K |
|
|
OTRK
1939
DELISTED
Ontrak
OTRK
| $1.02M | ﹤0.01% |
+189
| New | +$875K |
|
|
EVN
1940
Eaton Vance Municipal Income Trust
EVN
$418M
| $1.02M | ﹤0.01% |
79,470
-1,776
| -2% | -$22.7K |
|
1941
HDFC Bank
HDB
$123B
| $1.01M | ﹤0.01% |
40,640
+6,984
| +21% | +$169K |
|
1942
Red Rock Resorts
RRR
$3.83B
| $1.01M | ﹤0.01% |
59,366
-42,215
| -42% | -$614K |
|
|
PKO
1943
DELISTED
Pimco Income Opportunity Fund
PKO
| $1.01M | ﹤0.01% |
43,893
+7,424
| +20% | +$175K |
|
1944
Perrigo
PRGO
$1.47B
| $1.01M | ﹤0.01% |
22,045
-1,292
| -6% | -$67.7K |
|
1945
iShares Asia 50 ETF
AIA
$4.8B
| $1.01M | ﹤0.01% |
14,065
-1,686
| -11% | -$120K |
|
1946
Hercules Capital
HTGC
$3.16B
| $1.01M | ﹤0.01% |
87,290
+11,592
| +15% | +$129K |
|
1947
Ryder
R
$10.3B
| $1.01M | ﹤0.01% |
23,887
-270
| -1% | -$10.9K |
|
1948
Autohome
ATHM
$2.64B
| $1.01M | ﹤0.01% |
10,502
+1,482
| +16% | +$129K |
|
1949
AdvisorShares Ranger Equity Bear ETF
HDGE
$54.2M
| $1.01M | ﹤0.01% |
22,398
-10,416
| -32% | -$473K |
|
1950
Gray Television
GTN
$436M
| $993K | ﹤0.01% |
72,097
-318
| -0.4% | -$4.65K |
|
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.