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 | |
|---|---|---|---|---|---|---|
3151
Chord Energy
CHRD
$7.79B
| $2.93M | ﹤0.01% |
20,620
+4,713
| +30% | +$514K |
|
3152
CALL
NVIDIA
NVDA
$5.01T
| $2.93M | ﹤0.01% |
16,800
-7,500
| -31% | -$1.38M |
|
3153
State Street SPDR S&P Health Care Equipment ETF
XHE
$147M
| $2.93M | ﹤0.01% |
37,436
-24,115
| -39% | -$2.06M |
|
3154
Global X MSCI SuperDividend Emerging Markets ETF
SDEM
$44.2M
| $2.93M | ﹤0.01% |
90,335
-13,008
| -13% | -$419K |
|
3155
DoubleLine Opportunistic Bond ETF
DBND
$734M
| $2.92M | ﹤0.01% |
63,784
+33,965
| +114% | +$1.57M |
|
3156
JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF
BBCB
$45.5M
| $2.91M | ﹤0.01% |
64,213
+1,405
| +2% | +$64.4K |
|
|
JHG
3157
DELISTED
Janus Henderson
JHG
| $2.91M | ﹤0.01% |
56,684
-1,778
| -3% | -$88K |
|
3158
Carriage Services
CSV
$618M
| $2.91M | ﹤0.01% |
63,761
+825
| +1% | +$35.9K |
|
3159
iShares MSCI Japan Value ETF
EWJV
$688M
| $2.91M | ﹤0.01% |
68,145
+4,686
| +7% | +$202K |
|
|
AEVA
3160
Aeva Technologies
AEVA
$1.02B
| $2.9M | ﹤0.01% |
220,679
+80,065
| +57% | +$1.19M |
|
3161
Stellus Capital Investment Corp
SCM
$203M
| $2.9M | ﹤0.01% |
314,792
+5,747
| +2% | +$64.1K |
|
3162
Invesco WilderHill Clean Energy ETF
PBW
$390M
| $2.89M | ﹤0.01% |
91,522
-228,600
| -71% | -$7.63M |
|
3163
Kirby Corp
KEX
$7.95B
| $2.89M | ﹤0.01% |
21,750
-192
| -0.9% | -$24.3K |
|
|
SFBS
3164
ServisFirst Bancshares
SFBS
$4.79B
| $2.89M | ﹤0.01% |
39,676
-2,170
| -5% | -$172K |
|
3165
CALL
Microsoft
MSFT
$2.84T
| $2.89M | ﹤0.01% |
7,800
+2,600
| +50% | +$1.09M |
|
3166
Sprott Energy Transition Materials ETF
SETM
$534M
| $2.88M | ﹤0.01% |
+87,168
| New | +$3.04M |
|
3167
Axos Financial
AX
$5.45B
| $2.88M | ﹤0.01% |
33,886
+1,827
| +6% | +$166K |
|
3168
Ashland
ASH
$3.04B
| $2.87M | ﹤0.01% |
51,552
+4,124
| +9% | +$244K |
|
|
AGD
3169
abrdn Global Dynamic Dividend Fund
AGD
$315M
| $2.86M | ﹤0.01% |
265,138
+12,149
| +5% | +$147K |
|
3170
Cogent Biosciences
COGT
$6.79B
| $2.85M | ﹤0.01% |
74,155
-50,083
| -40% | -$1.85M |
|
3171
PUT
Amazon
AMZN
$2.5T
| $2.85M | ﹤0.01% |
13,700
-10,700
| -44% | -$2.36M |
|
3172
ArcelorMittal
MT
$50.4B
| $2.85M | ﹤0.01% |
54,782
-17,265
| -24% | -$957K |
|
3173
Braskem
BAK
$980M
| $2.84M | ﹤0.01% |
777,127
+642,300
| +476% | +$2.43M |
|
|
PPTA
3174
Perpetua Resources
PPTA
$2.23B
| $2.84M | ﹤0.01% |
101,097
-93,112
| -48% | -$2.81M |
|
3175
BlackRock MuniYield Pennsylvania Quality Fund
MPA
$142M
| $2.84M | ﹤0.01% |
257,641
+137,610
| +115% | +$1.56M |
|
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.