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 | |
|---|---|---|---|---|---|---|
2926
ESAB
ESAB
$5.25B
| $3.61M | ﹤0.01% |
37,391
-4,422
| -11% | -$512K |
|
2927
Invesco California Value Municipal Income Trust
VCV
$515M
| $3.6M | ﹤0.01% |
345,208
+19,162
| +6% | +$212K |
|
2928
BorgWarner
BWA
$13.2B
| $3.6M | ﹤0.01% |
66,284
+32,891
| +98% | +$1.73M |
|
2929
iShares US & Intl High Yield Corp Bond ETF
GHYG
$184M
| $3.6M | ﹤0.01% |
79,727
+4,396
| +6% | +$202K |
|
2930
Pinduoduo
PDD
$118B
| $3.59M | ﹤0.01% |
35,139
-3,692
| -10% | -$388K |
|
2931
Brookfield Renewable
BEPC
$6.12B
| $3.57M | ﹤0.01% |
89,705
+8,085
| +10% | +$329K |
|
2932
TriCo Bancshares
TCBK
$1.85B
| $3.57M | ﹤0.01% |
74,999
+445
| +0.6% | +$21.7K |
|
|
PML
2933
PIMCO Municipal Income Fund II
PML
$485M
| $3.56M | ﹤0.01% |
470,765
+65,353
| +16% | +$501K |
|
|
CPZ
2934
Calamos Long/Short Equity & Dynamic Income Trust
CPZ
$253M
| $3.56M | ﹤0.01% |
262,516
+21,438
| +9% | +$314K |
|
|
HFRO
2935
Highland Opportunities and Income Fund
HFRO
$407M
| $3.56M | ﹤0.01% |
622,706
-13,761
| -2% | -$83.9K |
|
2936
iShares US Oil Equipment & Services ETF
IEZ
$367M
| $3.55M | ﹤0.01% |
122,757
+36,031
| +42% | +$959K |
|
2937
Lyft
LYFT
$5.39B
| $3.55M | ﹤0.01% |
267,081
-107,480
| -29% | -$1.66M |
|
|
FIG
2938
Figma
FIG
$11.2B
| $3.55M | ﹤0.01% |
167,816
+4,302
| +3% | +$118K |
|
2939
Honda
HMC
$36.5B
| $3.54M | ﹤0.01% |
145,746
+5,455
| +4% | +$158K |
|
|
GGN
2940
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$767M
| $3.54M | ﹤0.01% |
665,396
+131,822
| +25% | +$715K |
|
2941
JPMorgan USD Emerging Markets Sovereign Bond ETF
JPMB
$67.2M
| $3.54M | ﹤0.01% |
90,150
+21,505
| +31% | +$864K |
|
2942
PureCycle Technologies
PCT
$1.17B
| $3.53M | ﹤0.01% |
680,021
-10,034
| -1% | -$83.6K |
|
2943
AdvisorShares Dorsey Wright ADR ETF
AADR
$41.3M
| $3.52M | ﹤0.01% |
43,162
+26,561
| +160% | +$2.39M |
|
2944
MDU Resources
MDU
$4.44B
| $3.52M | ﹤0.01% |
170,021
+13,492
| +9% | +$276K |
|
|
KRMA
2945
DELISTED
Global X Conscious Companies ETF
KRMA
| $3.52M | ﹤0.01% |
84,763
+569
| +0.7% | +$24.6K |
|
2946
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
$1.19B
| $3.52M | ﹤0.01% |
104,135
+37,898
| +57% | +$1.09M |
|
2947
Harbor International Compounders ETF
OSEA
$468M
| $3.51M | ﹤0.01% |
121,375
-128,874
| -51% | -$3.9M |
|
2948
LKQ Corp
LKQ
$6.58B
| $3.51M | ﹤0.01% |
119,574
+8,507
| +8% | +$273K |
|
|
FFA
2949
First Trust Enhanced Equity Income Fund
FFA
$447M
| $3.51M | ﹤0.01% |
172,002
-4,073
| -2% | -$88K |
|
2950
Sun Communities
SUI
$15B
| $3.5M | ﹤0.01% |
27,803
-154
| -0.6% | -$19.9K |
|
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.