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 | |
|---|---|---|---|---|---|---|
3126
Invesco S&P 500 Downside Hedged ETF
PHDG
$73.2M
| $3M | ﹤0.01% |
79,477
+4,893
| +7% | +$186K |
|
3127
FT Vest US Equity Deep Buffer ETF June
DJUN
$342M
| $3M | ﹤0.01% |
63,816
+928
| +1% | +$44K |
|
3128
Plug Power
PLUG
$2.92B
| $3M | ﹤0.01% |
1,327,242
-432,507
| -25% | -$939K |
|
3129
Nuveen Real Asset Income & Growth Fund
JRI
$358M
| $3M | ﹤0.01% |
243,648
+20,289
| +9% | +$264K |
|
3130
State Street SPDR S&P Health Care Services ETF
XHS
$205M
| $2.99M | ﹤0.01% |
29,906
-20,444
| -41% | -$2.18M |
|
3131
Affiliated Managers Group
AMG
$9.46B
| $2.99M | ﹤0.01% |
10,809
-972
| -8% | -$293K |
|
3132
Americold
COLD
$4.09B
| $2.99M | ﹤0.01% |
260,525
+68,717
| +36% | +$861K |
|
3133
Pacer US Export Leaders ETF
PEXL
$50.4M
| $2.98M | ﹤0.01% |
50,755
+18,018
| +55% | +$1.11M |
|
3134
VanEck Environmental Services ETF
EVX
$101M
| $2.98M | ﹤0.01% |
76,850
+8,729
| +13% | +$352K |
|
3135
SP Funds S&P 500 Sharia ETF
SPUS
$2.84B
| $2.97M | ﹤0.01% |
61,761
+6,869
| +13% | +$348K |
|
3136
AllianzIM U.S. Equity Buffer10 Nov ETF
NVBT
$29.6M
| $2.97M | ﹤0.01% |
83,047
-8,582
| -9% | -$316K |
|
3137
GXO Logistics
GXO
$6.06B
| $2.97M | ﹤0.01% |
57,322
-18,455
| -24% | -$1.06M |
|
3138
Chemours
CC
$2.59B
| $2.97M | ﹤0.01% |
134,798
-38,006
| -22% | -$662K |
|
3139
FT Vest US Equity Deep Buffer ETF September
DSEP
$348M
| $2.97M | ﹤0.01% |
67,546
-1,411
| -2% | -$63.3K |
|
3140
Lithia Motors
LAD
$7.78B
| $2.96M | ﹤0.01% |
11,864
-216
| -2% | -$64.2K |
|
3141
Mercury Systems
MRCY
$6.2B
| $2.96M | ﹤0.01% |
40,593
-23,830
| -37% | -$2.08M |
|
3142
ProShares Ultra QQQ
QLD
$12.5B
| $2.96M | ﹤0.01% |
48,477
-92,594
| -66% | -$6.32M |
|
3143
American Superconductor
AMSC
$1.48B
| $2.96M | ﹤0.01% |
87,323
+47,249
| +118% | +$1.49M |
|
3144
Littelfuse
LFUS
$10.2B
| $2.95M | ﹤0.01% |
8,701
-2,006
| -19% | -$651K |
|
|
PCQ
3145
Pimco California Municipal Income Fund
PCQ
$162M
| $2.95M | ﹤0.01% |
343,966
+60,730
| +21% | +$540K |
|
3146
NYLI Hedge Multi-Strategy Tracker ETF
QAI
$1B
| $2.94M | ﹤0.01% |
86,248
-3,280
| -4% | -$113K |
|
3147
MidCap Financial Investment
MFIC
$784M
| $2.94M | ﹤0.01% |
261,745
-55,725
| -18% | -$614K |
|
3148
Terex
TEX
$7.98B
| $2.94M | ﹤0.01% |
49,745
+14,208
| +40% | +$880K |
|
3149
United Bankshares
UBSI
$6.55B
| $2.94M | ﹤0.01% |
70,933
-6,761
| -9% | -$281K |
|
3150
First Bancorp
FBNC
$2.6B
| $2.93M | ﹤0.01% |
52,029
-2,962
| -5% | -$169K |
|
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.