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 | |
|---|---|---|---|---|---|---|
|
NBET
2526
Neuberger Energy Transition & Infrastructure ETF
NBET
$48.2M
| $5.55M | ﹤0.01% |
135,165
+24,940
| +23% | +$931K |
|
2527
Joby Aviation
JOBY
$6.82B
| $5.55M | ﹤0.01% |
671,885
+107,076
| +19% | +$1.21M |
|
2528
Construction Partners
ROAD
$5.84B
| $5.54M | ﹤0.01% |
49,882
+14,140
| +40% | +$1.69M |
|
2529
Invesco Quality Municipal Securities
IQI
$526M
| $5.54M | ﹤0.01% |
576,132
-150,964
| -21% | -$1.51M |
|
|
MSIF
2530
MSC Income Fund Inc
MSIF
$495M
| $5.54M | ﹤0.01% |
454,592
+180,033
| +66% | +$2.33M |
|
|
SF
2531
Stifel
SF
$12.3B
| $5.54M | ﹤0.01% |
74,898
-10,769
| -13% | -$855K |
|
2532
QuantumScape Corp
QS
$3B
| $5.52M | ﹤0.01% |
865,179
+14,427
| +2% | +$120K |
|
2533
PUT
Boeing
BA
$165B
| $5.51M | ﹤0.01% |
27,700
+25,000
| +926% | +$5.69M |
|
|
NCV
2534
Virtus Convertible & Income Fund
NCV
$374M
| $5.51M | ﹤0.01% |
370,347
+675
| +0.2% | +$10.6K |
|
2535
Alexandria Real Estate Equities
ARE
$8.88B
| $5.51M | ﹤0.01% |
118,686
+30,113
| +34% | +$1.59M |
|
2536
Graco
GGG
$12.9B
| $5.5M | ﹤0.01% |
64,990
+2,851
| +5% | +$253K |
|
|
MYCF
2537
State Street My2026 Corporate Bond ETF
MYCF
$47.6M
| $5.49M | ﹤0.01% |
219,288
+19,173
| +10% | +$480K |
|
2538
Healthcare Realty
HR
$7.42B
| $5.48M | ﹤0.01% |
322,821
+7,322
| +2% | +$128K |
|
2539
Opus Small Cap Value ETF
OSCV
$706M
| $5.48M | ﹤0.01% |
139,059
-19,960
| -13% | -$790K |
|
2540
Thrivent Small-Mid Cap ESG ETF
TSME
$964M
| $5.48M | ﹤0.01% |
131,786
+82,113
| +165% | +$3.62M |
|
2541
Gildan
GIL
$9.25B
| $5.47M | ﹤0.01% |
98,365
-24,825
| -20% | -$1.6M |
|
2542
PIMCO Enhanced Short Maturity Active ESG ETF
EMNT
$212M
| $5.44M | ﹤0.01% |
54,983
+12,199
| +29% | +$1.21M |
|
2543
iShares Agency Bond ETF
AGZ
$553M
| $5.44M | ﹤0.01% |
49,569
+6,482
| +15% | +$714K |
|
2544
Chewy
CHWY
$8.54B
| $5.41M | ﹤0.01% |
200,544
+69,621
| +53% | +$1.94M |
|
2545
Corcept Therapeutics
CORT
$10.2B
| $5.41M | ﹤0.01% |
134,309
+99,582
| +287% | +$3.72M |
|
|
DPG
2546
Duff & Phelps Utility and Infrastructure Fund
DPG
$539M
| $5.41M | ﹤0.01% |
374,459
+18,883
| +5% | +$263K |
|
|
BLD
2547
DELISTED
TopBuild
BLD
| $5.41M | ﹤0.01% |
15,392
+195
| +1% | +$87.4K |
|
|
PR
2548
Permian Resources
PR
$17.9B
| $5.4M | ﹤0.01% |
253,506
-56,821
| -18% | -$981K |
|
2549
Humana
HUM
$46.7B
| $5.4M | ﹤0.01% |
31,136
-6,547
| -17% | -$1.34M |
|
2550
Glacier Bancorp
GBCI
$6.55B
| $5.4M | ﹤0.01% |
120,842
+26,425
| +28% | +$1.25M |
|
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.