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 | |
|---|---|---|---|---|---|---|
|
SOFR
3401
Amplify Samsung SOFR ETF
SOFR
$448M
| $2.23M | ﹤0.01% |
22,250
+7,898
| +55% | +$792K |
|
3402
Bank of Hawaii
BOH
$3.33B
| $2.23M | ﹤0.01% |
29,980
-1,851
| -6% | -$138K |
|
|
DOCT
3403
FT Vest US Equity Deep Buffer ETF October
DOCT
$382M
| $2.23M | ﹤0.01% |
51,254
-173
| -0.3% | -$7.66K |
|
|
CNH
3404
CNH Industrial
CNH
$13.8B
| $2.23M | ﹤0.01% |
202,327
-5,682
| -3% | -$63.9K |
|
3405
Flywire
FLYW
$1.96B
| $2.22M | ﹤0.01% |
191,068
+87,533
| +85% | +$1.1M |
|
3406
MYR Group
MYRG
$5.9B
| $2.22M | ﹤0.01% |
7,874
-1,986
| -20% | -$516K |
|
3407
Henry Schein
HSIC
$9.74B
| $2.22M | ﹤0.01% |
30,152
+419
| +1% | +$32.4K |
|
3408
Aptus Enhanced Yield ETF
JUCY
$317M
| $2.22M | ﹤0.01% |
100,158
-14,251
| -12% | -$316K |
|
3409
ProShares DJ Brookfield Global Infrastructure ETF
TOLZ
$196M
| $2.22M | ﹤0.01% |
36,968
-3,592
| -9% | -$210K |
|
3410
Mueller Water Products
MWA
$3.92B
| $2.22M | ﹤0.01% |
80,595
+19,388
| +32% | +$537K |
|
3411
WaFd
WAFD
$2.72B
| $2.21M | ﹤0.01% |
70,509
-2,232
| -3% | -$71.8K |
|
3412
Icon
ICLR
$12.8B
| $2.21M | ﹤0.01% |
19,988
-4,679
| -19% | -$639K |
|
3413
Community Bank
CBU
$3.53B
| $2.21M | ﹤0.01% |
37,698
+6,471
| +21% | +$396K |
|
3414
PUT
Vanguard S&P 500 ETF
VOO
$968B
| $2.21M | ﹤0.01% |
3,700
+2,100
| +131% | +$1.31M |
|
3415
Prosperity Bancshares
PB
$8.77B
| $2.21M | ﹤0.01% |
32,840
+7,621
| +30% | +$534K |
|
3416
Revolution Medicines
RVMD
$40.2B
| $2.2M | ﹤0.01% |
22,619
+6,832
| +43% | +$690K |
|
|
IBMS
3417
iShares iBonds Dec 2030 Term Muni Bond ETF
IBMS
$312M
| $2.2M | ﹤0.01% |
85,000
+44,852
| +112% | +$1.17M |
|
3418
Teucrium Wheat Fund
WEAT
$314M
| $2.19M | ﹤0.01% |
+93,016
| New | +$2M |
|
|
NFEB
3419
Innovator Growth-100 Power Buffer ETF - February
NFEB
$82.1M
| $2.19M | ﹤0.01% |
79,972
+47,236
| +144% | +$1.32M |
|
3420
Invesco CurrencyShares Japanese Yen Trust
FXY
$423M
| $2.19M | ﹤0.01% |
37,840
-4,039
| -10% | -$237K |
|
3421
Dorchester Minerals
DMLP
$1.34B
| $2.19M | ﹤0.01% |
80,795
+19,360
| +32% | +$492K |
|
3422
iShares S&P GSCI Commodity-Indexed Trust
GSG
$1.02B
| $2.19M | ﹤0.01% |
67,855
-1,982
| -3% | -$52.9K |
|
3423
First Interstate BancSystem
FIBK
$3.7B
| $2.18M | ﹤0.01% |
65,360
+7,024
| +12% | +$251K |
|
3424
Trustmark
TRMK
$2.73B
| $2.18M | ﹤0.01% |
51,747
-8,122
| -14% | -$343K |
|
3425
Brinker International
EAT
$8.02B
| $2.18M | ﹤0.01% |
15,258
+1,180
| +8% | +$180K |
|
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.