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 | |
|---|---|---|---|---|---|---|
|
ASG
2776
Liberty All-Star Growth Fund
ASG
$323M
| $4.26M | ﹤0.01% |
897,726
-87,297
| -9% | -$449K |
|
2777
Booz Allen Hamilton
BAH
$8.7B
| $4.25M | ﹤0.01% |
54,510
-24,661
| -31% | -$2.08M |
|
2778
Universal Display
OLED
$3.71B
| $4.25M | ﹤0.01% |
46,346
-1,473
| -3% | -$163K |
|
2779
iShares ESG MSCI USA Leaders ETF
SUSL
$1.12B
| $4.24M | ﹤0.01% |
37,356
+11,303
| +43% | +$1.36M |
|
2780
BlackRock Utilities, Infrastructure & Power Opportunities Trust
BUI
$740M
| $4.23M | ﹤0.01% |
160,318
-8,088
| -5% | -$223K |
|
2781
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$104M
| $4.23M | ﹤0.01% |
84,763
-2,558
| -3% | -$131K |
|
2782
AllianzIM U.S. Equity Buffer10 Apr ETF
APRT
$47M
| $4.22M | ﹤0.01% |
99,408
+14,593
| +17% | +$612K |
|
2783
Primoris Services
PRIM
$4.69B
| $4.22M | ﹤0.01% |
29,473
-9,263
| -24% | -$1.36M |
|
2784
Repligen
RGEN
$7.44B
| $4.21M | ﹤0.01% |
35,774
-938
| -3% | -$131K |
|
2785
Portland General Electric
POR
$6.02B
| $4.21M | ﹤0.01% |
79,812
-776
| -1% | -$39.9K |
|
2786
iShares Large Cap Moderate Quarterly Laddered ETF
IVVM
$166M
| $4.21M | ﹤0.01% |
123,454
+114,170
| +1,230% | +$3.97M |
|
2787
SPX Corp
SPXC
$11B
| $4.21M | ﹤0.01% |
21,035
+3,487
| +20% | +$749K |
|
2788
Dakota Gold
DC
$623M
| $4.2M | ﹤0.01% |
832,394
+703,987
| +548% | +$4.17M |
|
|
VCRM
2789
Vanguard Core Tax-Exempt Bond ETF
VCRM
$1.68B
| $4.2M | ﹤0.01% |
55,872
+27,038
| +94% | +$2.05M |
|
|
BGB
2790
Blackstone Strategic Credit 2027 Term Fund
BGB
$500M
| $4.19M | ﹤0.01% |
376,150
+40,176
| +12% | +$463K |
|
2791
iShares iBonds Dec 2032 Term Treasury ETF
IBTM
$548M
| $4.19M | ﹤0.01% |
182,760
+13,803
| +8% | +$319K |
|
2792
Cars.com
CARS
$641M
| $4.19M | ﹤0.01% |
516,027
+13,344
| +3% | +$136K |
|
2793
Sonoco
SON
$5.76B
| $4.19M | ﹤0.01% |
77,413
-4,346
| -5% | -$224K |
|
2794
Corpay
CPAY
$24.2B
| $4.19M | ﹤0.01% |
14,387
+3,068
| +27% | +$983K |
|
2795
Columbia Banking Systems
COLB
$8.81B
| $4.18M | ﹤0.01% |
152,508
-972
| -0.6% | -$28.1K |
|
2796
BCE
BCE
$19.9B
| $4.18M | ﹤0.01% |
165,697
+11,613
| +8% | +$294K |
|
2797
Vanguard US Quality Factor ETF
VFQY
$474M
| $4.18M | ﹤0.01% |
28,005
-11,265
| -29% | -$1.75M |
|
2798
Tanger
SKT
$4.82B
| $4.18M | ﹤0.01% |
122,973
+2,253
| +2% | +$77.5K |
|
2799
iShares iBonds Oct 2027 Term TIPS ETF
IBID
$118M
| $4.18M | ﹤0.01% |
159,890
+120,668
| +308% | +$3.13M |
|
2800
First Trust Horizon Managed Volatility Domestic ETF
HUSV
$75.3M
| $4.18M | ﹤0.01% |
108,881
-185,753
| -63% | -$7.31M |
|
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.