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 | |
|---|---|---|---|---|---|---|
|
LGI
3201
Lazard Global Total Return & Income Fund
LGI
$235M
| $2.77M | ﹤0.01% |
172,424
+737
| +0.4% | +$13.4K |
|
3202
Transocean
RIG
$5.92B
| $2.77M | ﹤0.01% |
418,437
-90,581
| -18% | -$510K |
|
3203
PUT
ASML
ASML
$675B
| $2.77M | ﹤0.01% |
2,100
| – | – |
|
3204
Teradata
TDC
$2.68B
| $2.77M | ﹤0.01% |
108,189
-4,761
| -4% | -$139K |
|
|
FPWR
3205
First Trust EIP Power Solutions ETF
FPWR
$28.5M
| $2.77M | ﹤0.01% |
74,232
+49,409
| +199% | +$1.78M |
|
3206
IQ ARB Merger Arbitrage ETF
MNA
$249M
| $2.77M | ﹤0.01% |
76,116
-8,096
| -10% | -$293K |
|
3207
Nice
NICE
$5.29B
| $2.77M | ﹤0.01% |
25,091
+5,021
| +25% | +$573K |
|
3208
Dimensional Global Credit ETF
DGCB
$1.07B
| $2.76M | ﹤0.01% |
51,047
+7,800
| +18% | +$426K |
|
3209
Viavi Solutions
VIAV
$9.75B
| $2.76M | ﹤0.01% |
82,951
-15,174
| -15% | -$401K |
|
3210
Pacer Lunt Large Cap Alternator ETF
ALTL
$92.8M
| $2.75M | ﹤0.01% |
62,717
-4,034
| -6% | -$180K |
|
3211
Suburban Propane Partners
SPH
$1.23B
| $2.75M | ﹤0.01% |
139,676
-2,045
| -1% | -$40.8K |
|
3212
Innovator US Equity Ultra Buffer ETF January
UJAN
$312M
| $2.75M | ﹤0.01% |
64,673
-8,514
| -12% | -$368K |
|
3213
Brookfield Infrastructure
BIPC
$5.11B
| $2.74M | ﹤0.01% |
69,446
+23,012
| +50% | +$1.06M |
|
3214
RLJ Lodging Trust $1.95 Series A Preferred Stock
RLJ.PRA
$323M
| $2.73M | ﹤0.01% |
113,447
-717
| -0.6% | -$18.1K |
|
3215
MSC Industrial Direct
MSM
$7.02B
| $2.73M | ﹤0.01% |
29,612
+2,615
| +10% | +$234K |
|
3216
Brink's
BCO
$5.02B
| $2.73M | ﹤0.01% |
26,362
-6,459
| -20% | -$775K |
|
|
HIO
3217
Western Asset High Income Opportunity Fund
HIO
$335M
| $2.73M | ﹤0.01% |
752,004
+367,001
| +95% | +$1.37M |
|
|
MHF
3218
Western Asset Municipal High Income Fund
MHF
$151M
| $2.73M | ﹤0.01% |
393,205
+3,563
| +0.9% | +$24.6K |
|
3219
United States 12 Month Oil Fund,
USL
$46.6M
| $2.72M | ﹤0.01% |
+56,520
| New | +$2.25M |
|
3220
ONE Gas
OGS
$5.05B
| $2.72M | ﹤0.01% |
31,624
-1,403
| -4% | -$116K |
|
3221
Applied Optoelectronics
AAOI
$8.04B
| $2.72M | ﹤0.01% |
32,151
+5,147
| +19% | +$328K |
|
3222
Snap
SNAP
$7.32B
| $2.72M | ﹤0.01% |
591,032
+116,106
| +24% | +$684K |
|
3223
BrightSpring Health Services
BTSG
$14.3B
| $2.72M | ﹤0.01% |
63,743
+2,945
| +5% | +$119K |
|
3224
Overlay Shares Hedged Large Cap Equity ETF
OVLH
$115M
| $2.71M | ﹤0.01% |
71,627
+16,062
| +29% | +$630K |
|
3225
iShares US Tech Breakthrough Multisector ETF
TECB
$455M
| $2.71M | ﹤0.01% |
48,832
-5,752
| -11% | -$336K |
|
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.