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 | |
|---|---|---|---|---|---|---|
2626
CALL
Costco
COST
$415B
| $4.98M | ﹤0.01% |
5,000
+1,000
| +25% | +$975K |
|
|
IGR
2627
CBRE Global Real Estate Income Fund
IGR
$712M
| $4.98M | ﹤0.01% |
1,133,650
+21,716
| +2% | +$102K |
|
2628
FT Vest US Equity Moderate Buffer ETF November
GNOV
$295M
| $4.97M | ﹤0.01% |
127,607
-1,125
| -0.9% | -$44.6K |
|
|
REGS
2629
Columbia Large Cap Growth ETF
REGS
$62.7M
| $4.96M | ﹤0.01% |
+509,897
| New | +$5M |
|
2630
Global X Alternative Income ETF
ALTY
$45.7M
| $4.95M | ﹤0.01% |
411,873
-2,319
| -0.6% | -$28.4K |
|
2631
CubeSmart
CUBE
$9.53B
| $4.95M | ﹤0.01% |
134,998
+27,593
| +26% | +$1.06M |
|
2632
Estee Lauder
EL
$29B
| $4.95M | ﹤0.01% |
68,925
-13,179
| -16% | -$1.35M |
|
2633
HubSpot
HUBS
$10.5B
| $4.94M | ﹤0.01% |
20,236
-11,324
| -36% | -$3.18M |
|
2634
Matsons
MATX
$6.37B
| $4.94M | ﹤0.01% |
30,124
+6,569
| +28% | +$1.02M |
|
2635
Independence Realty Trust
IRT
$3.92B
| $4.94M | ﹤0.01% |
331,520
-15,105
| -4% | -$248K |
|
2636
Madrigal Pharmaceuticals
MDGL
$12.6B
| $4.92M | ﹤0.01% |
9,406
-7,136
| -43% | -$3.41M |
|
2637
Philips
PHG
$25.4B
| $4.92M | ﹤0.01% |
186,342
+56,973
| +44% | +$1.61M |
|
2638
Nuveen Global High Income Fund
JGH
$348M
| $4.92M | ﹤0.01% |
402,492
+4,225
| +1% | +$53.5K |
|
2639
SharkNinja
SN
$21B
| $4.89M | ﹤0.01% |
46,203
+33,609
| +267% | +$3.93M |
|
2640
Cal-Maine
CALM
$4.28B
| $4.89M | ﹤0.01% |
61,743
-6,653
| -10% | -$547K |
|
2641
Brixmor Property Group
BRX
$9.95B
| $4.88M | ﹤0.01% |
169,585
+16,056
| +10% | +$453K |
|
2642
Astronics
ATRO
$3.45B
| $4.87M | ﹤0.01% |
87,497
+66,916
| +325% | +$4.04M |
|
2643
Nelnet
NNI
$4.79B
| $4.85M | ﹤0.01% |
37,573
+4,948
| +15% | +$650K |
|
|
COLO
2644
Global X MSCI Colombia ETF
COLO
$196M
| $4.82M | ﹤0.01% |
121,961
-10,548
| -8% | -$418K |
|
2645
Invesco S&P 500 Equal Weight Consumer Staples ETF
RSPS
$249M
| $4.82M | ﹤0.01% |
163,470
-23,455
| -13% | -$728K |
|
|
USAR
2646
USA Rare Earth Inc
USAR
$3.46B
| $4.82M | ﹤0.01% |
318,431
+122,822
| +63% | +$2.38M |
|
2647
UDR
UDR
$12.9B
| $4.82M | ﹤0.01% |
142,619
-282
| -0.2% | -$10.4K |
|
|
ETB
2648
Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
$449M
| $4.82M | ﹤0.01% |
334,080
+15,697
| +5% | +$238K |
|
2649
Invesco
IVZ
$13.3B
| $4.81M | ﹤0.01% |
198,184
-106,048
| -35% | -$2.77M |
|
2650
PUT
Microsoft
MSFT
$2.84T
| $4.81M | ﹤0.01% |
13,000
-1,900
| -13% | -$795K |
|
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.