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 |
Vanguard Russell 1000 Value ETF
VONV
|
+$1.42B |
| 2 |
Vanguard Russell 1000 Growth ETF
VONG
|
+$1.01B |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$754M |
| 4 |
iShares MSCI EAFE Growth ETF
EFG
|
+$676M |
| 5 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$572M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Stock Market ETF
VTI
|
+$1.26B |
| 2 |
iShares S&P 100 ETF
OEF
|
+$1.11B |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$957M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$420M |
| 5 |
iShares Gold Trust
IAU
|
+$327M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.77% |
| 2 | Financials | 3.2% |
| 3 | Industrials | 2.58% |
| 4 | Consumer Discretionary | 2.42% |
| 5 | Communication Services | 2.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
FlexShares High Yield Value-Scored Bond Index Fund
HYGV
$1.09B
| $5.93M | ﹤0.01% |
147,906
-14,254
| -9% | -$579K |
|
|
TNGY
2477
Tortoise Energy ETF
TNGY
$563M
| $5.92M | ﹤0.01% |
567,510
+381,824
| +206% | +$3.75M |
|
2478
Comstock Resources
CRK
$3.97B
| $5.9M | ﹤0.01% |
280,101
-55,732
| -17% | -$1.19M |
|
2479
Campbell Soup
CPB
$6.51B
| $5.9M | ﹤0.01% |
265,071
+29,088
| +12% | +$747K |
|
2480
Invesco S&P SmallCap 600 Pure Growth ETF
RZG
$139M
| $5.9M | ﹤0.01% |
103,507
-2,613
| -2% | -$150K |
|
2481
Pacer Trendpilot US Bond ETF
PTBD
$87M
| $5.89M | ﹤0.01% |
310,552
-59,932
| -16% | -$1.16M |
|
2482
Advanced Drainage Systems
WMS
$10.9B
| $5.89M | ﹤0.01% |
42,934
-2,740
| -6% | -$424K |
|
2483
Vanguard ESG US Corporate Bond ETF
VCEB
$1.18B
| $5.88M | ﹤0.01% |
93,656
+12,995
| +16% | +$826K |
|
2484
WisdomTree US AI Enhanced Value Fund
AIVL
$426M
| $5.87M | ﹤0.01% |
50,753
+2,575
| +5% | +$307K |
|
2485
VanEck Steel ETF
SLX
$166M
| $5.87M | ﹤0.01% |
63,965
-59,003
| -48% | -$5.52M |
|
2486
Bunge Global
BG
$23.6B
| $5.87M | ﹤0.01% |
46,141
+11,009
| +31% | +$1.28M |
|
2487
iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
$287M
| $5.87M | ﹤0.01% |
134,542
-30,452
| -18% | -$1.36M |
|
2488
AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF
SIXO
$123M
| $5.87M | ﹤0.01% |
173,709
+4,614
| +3% | +$160K |
|
2489
Solventum
SOLV
$13.5B
| $5.86M | ﹤0.01% |
89,771
+8,997
| +11% | +$668K |
|
2490
Invesco S&P SmallCap High Dividend Low Volatility ETF
XSHD
$72.3M
| $5.85M | ﹤0.01% |
445,673
+140,335
| +46% | +$1.88M |
|
2491
Moog Inc Class A
MOG.A
$13B
| $5.85M | ﹤0.01% |
19,979
+3,229
| +19% | +$988K |
|
2492
WisdomTree Bitcoin Fund
BTCW
$139M
| $5.84M | ﹤0.01% |
81,443
+47,825
| +142% | +$3.87M |
|
2493
iShares MSCI USA Size Factor ETF
SIZE
$427M
| $5.83M | ﹤0.01% |
36,567
+1,199
| +3% | +$198K |
|
2494
Ryanair
RYAAY
$29.5B
| $5.83M | ﹤0.01% |
100,879
+11,257
| +13% | +$743K |
|
|
NATO
2495
Themes Transatlantic Defense ETF
NATO
$101M
| $5.83M | ﹤0.01% |
+151,181
| New | +$6.32M |
|
2496
Neurocrine Biosciences
NBIX
$17.7B
| $5.79M | ﹤0.01% |
43,925
+3,602
| +9% | +$478K |
|
2497
Fluor
FLR
$7.29B
| $5.78M | ﹤0.01% |
123,979
-8,484
| -6% | -$395K |
|
2498
Lightwave Logic
LWLG
$932M
| $5.78M | ﹤0.01% |
821,881
+42,655
| +5% | +$202K |
|
2499
iShares Currency Hedged MSCI EAFE Small-Cap ETF
HSCZ
$227M
| $5.77M | ﹤0.01% |
145,535
+11,843
| +9% | +$481K |
|
|
DX
2500
Dynex Capital
DX
$2.99B
| $5.77M | ﹤0.01% |
452,294
+30,536
| +7% | +$420K |
|
Similar funds
LPL Financial's Q1 2026 Portfolio in Review
As of Q1 2026, LPL Financial held 6,207 positions worth $377B, up 2.8% from $366B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
LPL Financial deployed $17.6B of net new capital in Q1 2026, opening 341 new positions and adding to 3,302 existing holdings. Its largest new stake was BlackRock Large Cap Core ETF: 11,254,711 shares worth $462M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, down from 8.6% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was Vanguard Total Stock Market ETF, an estimated $1.26B trimmed.
- LPL Financial's largest Q1 2026 buy was BlackRock Large Cap Core ETF: 11,254,711 shares worth $462M.
- LPL Financial added most to Vanguard Russell 1000 Value ETF in Q1 2026, an estimated $1.42B increase.
- LPL Financial's biggest Q1 2026 reduction was Vanguard Total Stock Market ETF, cutting an estimated $1.26B.
- LPL Financial fully exited Nuveen S&P 500 Buy-Write Income Fund in Q1 2026, selling an estimated $25.3M.
- LPL Financial's ten largest holdings make up 14% of its $377B portfolio in Q1 2026.
- LPL Financial opened 341 new positions and closed 243 in Q1 2026.
- LPL Financial's portfolio value rose 2.8% quarter-over-quarter to $377B.
Based on LPL Financial's 13F filing for Q1 2026, filed 6 May 2026.