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 | |
|---|---|---|---|---|---|---|
3176
Schwab Fundamental US Broad Market Index ETF
FNDB
$1.4B
| $2.84M | ﹤0.01% |
104,473
+745
| +0.7% | +$20.6K |
|
3177
Floor & Decor
FND
$5.81B
| $2.84M | ﹤0.01% |
55,912
+3,746
| +7% | +$244K |
|
3178
FNB Corp
FNB
$6.78B
| $2.84M | ﹤0.01% |
169,681
-30,095
| -15% | -$520K |
|
3179
EA Bridgeway Omni Small-Cap Value ETF
BSVO
$2.41B
| $2.83M | ﹤0.01% |
111,694
+4,675
| +4% | +$118K |
|
3180
Kyndryl
KD
$2.66B
| $2.83M | ﹤0.01% |
215,891
-2,530
| -1% | -$44.5K |
|
3181
LSB Industries
LXU
$881M
| $2.83M | ﹤0.01% |
189,948
+127,606
| +205% | +$1.45M |
|
3182
Shinhan Financial Group
SHG
$33.6B
| $2.82M | ﹤0.01% |
46,042
+6,796
| +17% | +$417K |
|
3183
Franklin Investment Grade Corporate ETF
FLCO
$576M
| $2.82M | ﹤0.01% |
131,740
+13,660
| +12% | +$296K |
|
3184
Camden Property Trust
CPT
$11.3B
| $2.82M | ﹤0.01% |
28,894
-2,100
| -7% | -$223K |
|
3185
Eldorado Gold
EGO
$8.31B
| $2.82M | ﹤0.01% |
82,166
-27,049
| -25% | -$1.1M |
|
3186
BlackRock Health Sciences Trust II
BMEZ
$957M
| $2.82M | ﹤0.01% |
196,040
-1,952
| -1% | -$29K |
|
3187
State Street SPDR MSCI ACWI Climate Paris Aligned ETF
NZAC
$189M
| $2.81M | ﹤0.01% |
69,208
+14,219
| +26% | +$605K |
|
3188
Arcutis Biotherapeutics
ARQT
$3.42B
| $2.81M | ﹤0.01% |
119,381
+7,507
| +7% | +$192K |
|
3189
Epsilon Energy
EPSN
$176M
| $2.81M | ﹤0.01% |
456,361
+139,331
| +44% | +$711K |
|
3190
Petrobras Class A
PBR.A
$107B
| $2.81M | ﹤0.01% |
149,684
+20,737
| +16% | +$307K |
|
|
FTMA
3191
Franklin Massachusetts Municipal Income ETF
FTMA
$296M
| $2.81M | ﹤0.01% |
313,007
+60,776
| +24% | +$549K |
|
3192
HDFC Bank
HDB
$119B
| $2.8M | ﹤0.01% |
112,734
-12,906
| -10% | -$401K |
|
3193
VictoryShares US Small Mid Cap Value Momentum ETF
USVM
$1.77B
| $2.8M | ﹤0.01% |
29,558
+17,296
| +141% | +$1.67M |
|
3194
DaVita
DVA
$15.1B
| $2.8M | ﹤0.01% |
18,193
+842
| +5% | +$114K |
|
|
PAXS
3195
PIMCO Access Income Fund
PAXS
$660M
| $2.79M | ﹤0.01% |
193,893
+32,011
| +20% | +$491K |
|
3196
PUT
Broadcom
AVGO
$1.82T
| $2.79M | ﹤0.01% |
9,000
+5,500
| +157% | +$1.81M |
|
3197
Avantis Emerging Markets Value ETF
AVES
$1.43B
| $2.78M | ﹤0.01% |
46,411
+9,903
| +27% | +$615K |
|
3198
Clear Secure
YOU
$5.26B
| $2.78M | ﹤0.01% |
57,476
+18,305
| +47% | +$729K |
|
|
SA
3199
Seabridge Gold
SA
$2.8B
| $2.78M | ﹤0.01% |
98,124
-15,951
| -14% | -$509K |
|
|
QCOC
3200
FT Vest Nasdaq-100 Conservative Buffer ETF - October
QCOC
$65.2M
| $2.78M | ﹤0.01% |
126,222
+253
| +0.2% | +$5.66K |
|
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.