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 | |
|---|---|---|---|---|---|---|
2676
EXL Service
EXLS
$4.23B
| $4.71M | ﹤0.01% |
154,752
-12,707
| -8% | -$438K |
|
2677
Invesco S&P 500 Equal Weight Financials ETF
RSPF
$304M
| $4.71M | ﹤0.01% |
65,924
-22,426
| -25% | -$1.69M |
|
2678
Alpha Metallurgical Resources
AMR
$1.82B
| $4.71M | ﹤0.01% |
22,925
-10,756
| -32% | -$2.18M |
|
2679
FT Vest US Equity Buffer ETF May
FMAY
$1.4B
| $4.71M | ﹤0.01% |
89,124
-3,234
| -4% | -$173K |
|
2680
T. Rowe Price Blue Chip Growth ETF
TCHP
$2.08B
| $4.7M | ﹤0.01% |
106,429
-112,349
| -51% | -$5.31M |
|
2681
ProShares S&P 500 ex-Financials ETF
SPXN
$75.7M
| $4.7M | ﹤0.01% |
66,279
-283
| -0.4% | -$21K |
|
2682
KraneShares China Internet and Covered Call Strategy ETF
KLIP
$103M
| $4.7M | ﹤0.01% |
182,759
+7,295
| +4% | +$212K |
|
2683
Global X MSCI Norway ETF
NORW
$86.5M
| $4.7M | ﹤0.01% |
122,902
+114,235
| +1,318% | +$3.89M |
|
2684
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$552M
| $4.69M | ﹤0.01% |
50,665
+7,218
| +17% | +$696K |
|
2685
Hims & Hers Health
HIMS
$6.5B
| $4.68M | ﹤0.01% |
225,629
-75,642
| -25% | -$1.79M |
|
2686
UiPath
PATH
$5.62B
| $4.68M | ﹤0.01% |
421,950
-110,841
| -21% | -$1.41M |
|
|
FT
2687
Franklin Universal Trust
FT
$201M
| $4.68M | ﹤0.01% |
584,359
-51,335
| -8% | -$417K |
|
2688
Ambev
ABEV
$47.3B
| $4.67M | ﹤0.01% |
1,598,250
+206,206
| +15% | +$589K |
|
2689
Global X Blockchain ETF
BKCH
$219M
| $4.67M | ﹤0.01% |
83,550
-16,801
| -17% | -$1.13M |
|
2690
SPS Commerce
SPSC
$2.25B
| $4.66M | ﹤0.01% |
83,729
+6,009
| +8% | +$433K |
|
2691
SentinelOne
S
$6.22B
| $4.66M | ﹤0.01% |
361,724
+120,259
| +50% | +$1.67M |
|
2692
EA Bridgeway Blue Chip ETF
BBLU
$435M
| $4.64M | ﹤0.01% |
314,660
+20,192
| +7% | +$306K |
|
2693
iShares MSCI Kokusai Fund
TOK
$246M
| $4.64M | ﹤0.01% |
34,847
+1,743
| +5% | +$242K |
|
2694
Timken Company
TKR
$9.82B
| $4.64M | ﹤0.01% |
46,162
+4,434
| +11% | +$441K |
|
2695
Main International ETF
INTL
$228M
| $4.64M | ﹤0.01% |
163,601
+148,770
| +1,003% | +$4.34M |
|
2696
Pinnacle Financial Partners Inc
PNFP
$15.5B
| $4.64M | ﹤0.01% |
53,848
+9,942
| +23% | +$925K |
|
2697
Jones Lang LaSalle
JLL
$15.1B
| $4.62M | ﹤0.01% |
15,184
+2,098
| +16% | +$678K |
|
2698
GraniteShares HIPS US High Income ETF
HIPS
$110M
| $4.62M | ﹤0.01% |
399,637
+20,572
| +5% | +$245K |
|
2699
FMC
FMC
$1.42B
| $4.62M | ﹤0.01% |
268,132
-29,040
| -10% | -$434K |
|
2700
Trex
TREX
$4.51B
| $4.61M | ﹤0.01% |
126,568
-15,602
| -11% | -$628K |
|
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.