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 | |
|---|---|---|---|---|---|---|
|
HUT
2601
Hut 8
HUT
$12.4B
| $5.12M | ﹤0.01% |
109,153
+51,127
| +88% | +$2.77M |
|
2602
BlackRock MuniAssets Fund
MUA
$527M
| $5.11M | ﹤0.01% |
481,866
+46,023
| +11% | +$502K |
|
2603
PUT
Costco
COST
$415B
| $5.08M | ﹤0.01% |
5,100
-4,400
| -46% | -$4.29M |
|
2604
VanEck Oil Refiners ETF
CRAK
$181M
| $5.08M | ﹤0.01% |
102,759
+74,097
| +259% | +$3.26M |
|
2605
Abercrombie & Fitch
ANF
$4.17B
| $5.06M | ﹤0.01% |
55,397
-4,160
| -7% | -$404K |
|
2606
Genmab
GMAB
$17.7B
| $5.06M | ﹤0.01% |
188,637
-249,381
| -57% | -$7.47M |
|
2607
State Street SPDR S&P Retail ETF
XRT
$365M
| $5.06M | ﹤0.01% |
62,855
-6,882
| -10% | -$590K |
|
2608
SM Energy
SM
$7.96B
| $5.05M | ﹤0.01% |
161,992
+119,711
| +283% | +$2.73M |
|
|
COPY
2609
Tweedy Browne Insider + Value ETF
COPY
$362M
| $5.05M | ﹤0.01% |
368,067
+150,508
| +69% | +$2.07M |
|
2610
Fortive
FTV
$19B
| $5.03M | ﹤0.01% |
91,069
-7,629
| -8% | -$428K |
|
2611
FlexShares International Quality Dividend Dynamic Index Fund
IQDY
$109M
| $5.03M | ﹤0.01% |
132,619
-12,244
| -8% | -$474K |
|
2612
Dimensional US Core Equity 1 ETF
DCOR
$3.28B
| $5.03M | ﹤0.01% |
69,744
+17,529
| +34% | +$1.31M |
|
2613
Gartner
IT
$9.41B
| $5.02M | ﹤0.01% |
31,727
+13,704
| +76% | +$2.52M |
|
2614
STAG Industrial
STAG
$7.86B
| $5.02M | ﹤0.01% |
139,256
+2,155
| +2% | +$81.7K |
|
|
LEAD
2615
DELISTED
Siren DIVCON Leaders Dividend ETF
LEAD
| $5.02M | ﹤0.01% |
65,431
-6,853
| -9% | -$544K |
|
2616
Neuberger Commodity Strategy ETF
NBCM
$449M
| $5.02M | ﹤0.01% |
179,038
+34,752
| +24% | +$882K |
|
2617
ProShares High Yield-Interest Rate Hedged ETF
HYHG
$180M
| $5.01M | ﹤0.01% |
78,642
-966
| -1% | -$62.2K |
|
|
2618
PUT
iShares Russell 2000 ETF
IWM
$80.9B
| $5.01M | ﹤0.01% |
20,200
+11,700
| +138% | +$3.02M |
|
2619
Ero Copper
ERO
$2.71B
| $5.01M | ﹤0.01% |
187,755
-90,512
| -33% | -$2.72M |
|
2620
ProShares Short S&P500
SH
$887M
| $5.01M | ﹤0.01% |
132,014
+29,734
| +29% | +$1.08M |
|
2621
NextNav
NN
$1.7B
| $5.01M | ﹤0.01% |
312,491
-72,632
| -19% | -$1.18M |
|
2622
International Seaways
INSW
$4.57B
| $5M | ﹤0.01% |
68,643
+8,928
| +15% | +$571K |
|
2623
WisdomTree True Emerging Markets Fund
XC
$78.3M
| $5M | ﹤0.01% |
160,309
+29,683
| +23% | +$977K |
|
2624
Ovintiv
OVV
$17.5B
| $5M | ﹤0.01% |
84,172
-152
| -0.2% | -$7.33K |
|
2625
VanEck Biotech ETF
BBH
$396M
| $4.99M | ﹤0.01% |
26,551
-5,262
| -17% | -$1.01M |
|
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.