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 | |
|---|---|---|---|---|---|---|
|
SDHY
2901
PGIM Short Duration High Yield Opportunities Fund
SDHY
$392M
| $3.74M | ﹤0.01% |
233,314
+23,214
| +11% | +$381K |
|
2902
Kite Realty
KRG
$5.95B
| $3.74M | ﹤0.01% |
152,156
+5,256
| +4% | +$129K |
|
2903
Choice Hotels
CHH
$5.03B
| $3.73M | ﹤0.01% |
36,081
+13,414
| +59% | +$1.39M |
|
2904
Red Cat Holdings
RCAT
$1.16B
| $3.73M | ﹤0.01% |
285,058
-87,179
| -23% | -$1.19M |
|
2905
Invesco S&P 500 Equal Weight Materials ETF
RSPM
$185M
| $3.71M | ﹤0.01% |
95,879
-3,635
| -4% | -$139K |
|
|
GTY
2906
Getty Realty Corp
GTY
$2.1B
| $3.71M | ﹤0.01% |
116,555
+10,621
| +10% | +$332K |
|
2907
Renaissance IPO ETF
IPO
$154M
| $3.7M | ﹤0.01% |
88,375
-31,984
| -27% | -$1.43M |
|
2908
Invesco S&P SmallCap Industrials ETF
PSCI
$185M
| $3.7M | ﹤0.01% |
23,918
+1,926
| +9% | +$314K |
|
2909
Invesco S&P 500 Equal Weight Consumer Discretionary ETF
RSPD
$299M
| $3.7M | ﹤0.01% |
69,045
-130,575
| -65% | -$7.5M |
|
2910
Blackstone Mortgage Trust
BXMT
$2.82B
| $3.69M | ﹤0.01% |
192,560
-43,152
| -18% | -$832K |
|
|
ESUM
2911
Eventide US Market ETF
ESUM
$180M
| $3.69M | ﹤0.01% |
140,850
+22,014
| +19% | +$599K |
|
|
MFA
2912
MFA Financial
MFA
$929M
| $3.68M | ﹤0.01% |
384,655
+11,444
| +3% | +$113K |
|
|
AIS
2913
VistaShares Artificial Intelligence Supercycle ETF
AIS
$848M
| $3.68M | ﹤0.01% |
87,742
+64,427
| +276% | +$2.78M |
|
2914
Revvity
RVTY
$12.3B
| $3.68M | ﹤0.01% |
41,968
+907
| +2% | +$89.8K |
|
2915
Enpro
NPO
$7.05B
| $3.67M | ﹤0.01% |
14,624
-4,807
| -25% | -$1.2M |
|
|
CCD
2916
Calamos Dynamic Convertible & Income Fund
CCD
$714M
| $3.66M | ﹤0.01% |
171,560
+23,931
| +16% | +$533K |
|
2917
Infosys
INFY
$45B
| $3.66M | ﹤0.01% |
271,024
+21,321
| +9% | +$334K |
|
2918
Delek US
DK
$3.87B
| $3.66M | ﹤0.01% |
81,183
+2,246
| +3% | +$80.3K |
|
2919
iShares MSCI Europe Small-Cap ETF
IEUS
$175M
| $3.66M | ﹤0.01% |
55,144
-847
| -2% | -$59.3K |
|
2920
TransUnion
TRU
$14.8B
| $3.65M | ﹤0.01% |
52,782
+4,037
| +8% | +$309K |
|
2921
Strategic Trust Running Oak Efficient Growth ETF
RUNN
$334M
| $3.65M | ﹤0.01% |
113,302
+2,829
| +3% | +$95.8K |
|
|
ECG
2922
Everus Construction Group
ECG
$6.63B
| $3.64M | ﹤0.01% |
30,801
-591
| -2% | -$61.1K |
|
2923
iShares MSCI Sweden ETF
EWD
$522M
| $3.63M | ﹤0.01% |
74,566
-2,000
| -3% | -$103K |
|
2924
Tradeweb Markets
TW
$21.3B
| $3.62M | ﹤0.01% |
30,791
-446
| -1% | -$51K |
|
|
FTMN
2925
Franklin Minnesota Municipal Income ETF
FTMN
$197M
| $3.62M | ﹤0.01% |
414,869
+33,167
| +9% | +$294K |
|
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.