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 | |
|---|---|---|---|---|---|---|
|
SMHX
3051
VanEck Fabless Semiconductor ETF
SMHX
$263M
| $3.19M | ﹤0.01% |
85,834
-35,473
| -29% | -$1.37M |
|
|
TXUE
3052
Thornburg International Equity ETF
TXUE
$519M
| $3.19M | ﹤0.01% |
99,207
+32,376
| +48% | +$1.06M |
|
3053
SiteOne Landscape Supply
SITE
$4.43B
| $3.19M | ﹤0.01% |
23,959
-2,516
| -10% | -$356K |
|
3054
Shake Shack
SHAK
$2.3B
| $3.19M | ﹤0.01% |
36,041
+1,679
| +5% | +$154K |
|
3055
Vicor
VICR
$9.62B
| $3.18M | ﹤0.01% |
19,775
-4,687
| -19% | -$775K |
|
|
FBDC
3056
FT Confluence BDC & Specialty Finance Income ETF
FBDC
$33.5M
| $3.18M | ﹤0.01% |
187,529
-7,845
| -4% | -$142K |
|
3057
Invesco S&P Spin-Off ETF
CSD
$225M
| $3.18M | ﹤0.01% |
28,232
+6,098
| +28% | +$688K |
|
3058
H.B. Fuller
FUL
$3B
| $3.18M | ﹤0.01% |
51,552
+16,702
| +48% | +$1.02M |
|
3059
Avantis Core Municipal Fixed Income ETF
AVMU
$168M
| $3.18M | ﹤0.01% |
69,375
+980
| +1% | +$45.6K |
|
3060
WEX
WEX
$6.11B
| $3.18M | ﹤0.01% |
20,751
-3,991
| -16% | -$624K |
|
3061
Navitas Semiconductor
NVTS
$2.66B
| $3.18M | ﹤0.01% |
362,062
+4,849
| +1% | +$44.7K |
|
3062
CALL
Invesco QQQ Trust
QQQ
$455B
| $3.17M | ﹤0.01% |
5,500
| – | – |
|
3063
Kontoor Brands
KTB
$4.62B
| $3.17M | ﹤0.01% |
45,161
+2,796
| +7% | +$183K |
|
3064
Travel + Leisure Co
TNL
$4.54B
| $3.17M | ﹤0.01% |
45,836
-11,118
| -20% | -$802K |
|
3065
AllianzIM U.S. Equity Buffer10 Jan ETF
JANT
$60.4M
| $3.17M | ﹤0.01% |
78,935
+8,790
| +13% | +$362K |
|
3066
Alliance Resource Partners
ARLP
$3.18B
| $3.17M | ﹤0.01% |
114,507
+17,068
| +18% | +$442K |
|
3067
Logitech
LOGI
$15.2B
| $3.17M | ﹤0.01% |
34,736
-12,368
| -26% | -$1.14M |
|
3068
WisdomTree International Efficient Core Fund
NTSI
$484M
| $3.16M | ﹤0.01% |
71,869
-49,186
| -41% | -$2.24M |
|
3069
BlackRock Energy and Resources Trust
BGR
$420M
| $3.16M | ﹤0.01% |
182,713
-8,002
| -4% | -$123K |
|
3070
FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
$1.04B
| $3.16M | ﹤0.01% |
131,159
-21,667
| -14% | -$523K |
|
3071
Innovator Growth-100 Power Buffer ETF April
NAPR
$208M
| $3.16M | ﹤0.01% |
57,892
+8,849
| +18% | +$479K |
|
3072
AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF
SIXF
$46.1M
| $3.16M | ﹤0.01% |
100,602
-10,319
| -9% | -$330K |
|
3073
USCF Midstream Energy Income Fund
UMI
$516M
| $3.16M | ﹤0.01% |
53,899
-834
| -2% | -$45.6K |
|
|
TTAN
3074
ServiceTitan Inc
TTAN
$6.72B
| $3.16M | ﹤0.01% |
49,759
+6,564
| +15% | +$507K |
|
3075
Papa John's
PZZA
$999M
| $3.16M | ﹤0.01% |
97,386
+14,611
| +18% | +$507K |
|
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.