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 | |
|---|---|---|---|---|---|---|
2876
FT Vest US Equity Enhance & Moderate Buffer ETF February
XFEB
$30.9M
| $3.82M | ﹤0.01% |
108,458
+6,414
| +6% | +$229K |
|
2877
Global X FinTech ETF
FINX
$168M
| $3.82M | ﹤0.01% |
165,172
-133,108
| -45% | -$3.44M |
|
2878
Group 1 Automotive
GPI
$3.94B
| $3.8M | ﹤0.01% |
11,501
-4,050
| -26% | -$1.41M |
|
2879
iShares MSCI Israel ETF
EIS
$879M
| $3.8M | ﹤0.01% |
32,749
-25,383
| -44% | -$3.05M |
|
2880
FT Vest International Equity Moderate Buffer ETF December
YDEC
$160M
| $3.79M | ﹤0.01% |
144,292
-3,049
| -2% | -$81.3K |
|
2881
Exponent
EXPO
$2.98B
| $3.79M | ﹤0.01% |
58,082
-2,510
| -4% | -$178K |
|
|
DFP
2882
Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
$423M
| $3.79M | ﹤0.01% |
188,728
-7,294
| -4% | -$155K |
|
2883
Darling Ingredients
DAR
$9.93B
| $3.79M | ﹤0.01% |
61,224
+10,703
| +21% | +$527K |
|
|
BSMZ
2884
Invesco BulletShares 2035 Municipal Bond ETF
BSMZ
$54.9M
| $3.78M | ﹤0.01% |
150,431
+137,888
| +1,099% | +$3.52M |
|
2885
Brown-Forman Class B
BF.B
$12B
| $3.78M | ﹤0.01% |
142,882
-5,214
| -4% | -$140K |
|
2886
Innovator Growth-100 Power Buffer ETF July
NJUL
$244M
| $3.77M | ﹤0.01% |
52,821
-1,656
| -3% | -$120K |
|
2887
BlackRock ESG Capital Allocation Term Trust
ECAT
$1.5B
| $3.77M | ﹤0.01% |
277,647
+44,150
| +19% | +$662K |
|
2888
Amplify Online Retail ETF
IBUY
$106M
| $3.76M | ﹤0.01% |
60,223
-2,464
| -4% | -$168K |
|
|
VISN
2889
Vistance Networks Inc
VISN
$2.66B
| $3.76M | ﹤0.01% |
206,662
-26,179
| -11% | -$477K |
|
2890
Crocs
CROX
$6.69B
| $3.76M | ﹤0.01% |
45,293
-3,589
| -7% | -$307K |
|
2891
VictoryShares US Multi-Factor Minimum Volatility ETF
VSMV
$157M
| $3.76M | ﹤0.01% |
66,461
-2,939
| -4% | -$168K |
|
2892
Duolingo
DUOL
$5.7B
| $3.76M | ﹤0.01% |
38,128
+14,730
| +63% | +$1.82M |
|
2893
PUT
Alphabet (Google) Class C
GOOG
$3.9T
| $3.76M | ﹤0.01% |
13,100
+100
| +0.8% | +$31.4K |
|
2894
Invesco New York AMT-Free Municipal Bond ETF
PZT
$137M
| $3.76M | ﹤0.01% |
170,178
+9,517
| +6% | +$213K |
|
2895
Manchester United
MANU
$3.91B
| $3.75M | ﹤0.01% |
223,148
-4,596
| -2% | -$78.3K |
|
2896
Tema Oncology ETF
CANC
$196M
| $3.75M | ﹤0.01% |
102,276
+94,258
| +1,176% | +$3.43M |
|
2897
Moelis & Co
MC
$4.98B
| $3.75M | ﹤0.01% |
65,786
+2,783
| +4% | +$181K |
|
2898
UFP Technologies
UFPT
$1.84B
| $3.75M | ﹤0.01% |
19,352
+310
| +2% | +$71.8K |
|
2899
Gaming and Leisure Properties
GLPI
$12.8B
| $3.74M | ﹤0.01% |
84,370
-13,057
| -13% | -$605K |
|
2900
Fomento Económico Mexicano
FMX
$43.3B
| $3.74M | ﹤0.01% |
33,668
-3,197
| -9% | -$344K |
|
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.