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 | |
|---|---|---|---|---|---|---|
3476
Silicon Motion
SIMO
$9.19B
| $2.08M | ﹤0.01% |
18,526
+6,877
| +59% | +$835K |
|
|
RFI
3477
Cohen & Steers Total Return Realty Fund
RFI
$313M
| $2.08M | ﹤0.01% |
186,701
-82,679
| -31% | -$941K |
|
|
FAX
3478
abrdn Asia-Pacific Income Fund
FAX
$590M
| $2.08M | ﹤0.01% |
144,143
+189
| +0.1% | +$2.92K |
|
3479
TORM
TRMD
$3.1B
| $2.08M | ﹤0.01% |
74,485
+46,655
| +168% | +$1.19M |
|
3480
Invesco Global Clean Energy ETF
PBD
$186M
| $2.07M | ﹤0.01% |
115,395
-103,017
| -47% | -$1.83M |
|
3481
Flutter Entertainment
FLUT
$17.6B
| $2.07M | ﹤0.01% |
20,266
-10,639
| -34% | -$1.53M |
|
3482
Brookfield Renewable
BEP
$10B
| $2.06M | ﹤0.01% |
63,265
+459
| +0.7% | +$13.8K |
|
3483
Invesco Zacks Multi-Asset Income ETF
CVY
$123M
| $2.06M | ﹤0.01% |
76,279
-5,024
| -6% | -$140K |
|
3484
Dimensional Emerging Markets High Profitability ETF
DEHP
$418M
| $2.06M | ﹤0.01% |
61,008
+25,547
| +72% | +$889K |
|
3485
Kaiser Aluminum
KALU
$2.67B
| $2.06M | ﹤0.01% |
17,103
+532
| +3% | +$67.4K |
|
3486
Itron
ITRI
$3.73B
| $2.06M | ﹤0.01% |
22,985
-154
| -0.7% | -$14.8K |
|
|
EOT
3487
Eaton Vance National Municipal Opportunities Trust
EOT
$267M
| $2.06M | ﹤0.01% |
120,308
+29,567
| +33% | +$515K |
|
3488
PUT
Bloom Energy
BE
$52.6B
| $2.06M | ﹤0.01% |
15,200
-1,800
| -11% | -$264K |
|
3489
Innovator US Equity Ultra Buffer ETF October
UOCT
$178M
| $2.06M | ﹤0.01% |
53,840
-82
| -0.2% | -$3.2K |
|
|
MRP
3490
Millrose Properties Inc
MRP
$4.74B
| $2.05M | ﹤0.01% |
73,364
-9,933
| -12% | -$299K |
|
|
GSWO
3491
Goldman Sachs ActiveBeta World Equity ETF
GSWO
$1.7B
| $2.05M | ﹤0.01% |
36,394
-3,464
| -9% | -$202K |
|
3492
RadNet
RDNT
$4.84B
| $2.05M | ﹤0.01% |
36,640
-5,732
| -14% | -$391K |
|
3493
PDF Solutions
PDFS
$2.13B
| $2.05M | ﹤0.01% |
62,530
+52,131
| +501% | +$1.7M |
|
|
UHT
3494
Universal Health Realty Income Trust
UHT
$608M
| $2.04M | ﹤0.01% |
50,456
+344
| +0.7% | +$14.3K |
|
3495
Shift4
FOUR
$3.84B
| $2.04M | ﹤0.01% |
46,568
-107,801
| -70% | -$5.95M |
|
|
IMVP
3496
Invesco India ETF
IMVP
$122M
| $2.03M | ﹤0.01% |
99,054
-27,294
| -22% | -$625K |
|
3497
Alpha Architect Tail Risk ETF
CAOS
$711M
| $2.03M | ﹤0.01% |
22,351
+18,763
| +523% | +$1.7M |
|
|
GSGO
3498
Goldman Sachs Growth Opportunities ETF
GSGO
$165M
| $2.03M | ﹤0.01% |
55,463
-2,801
| -5% | -$109K |
|
3499
Roundhill Ball Metaverse ETF
METV
$210M
| $2.03M | ﹤0.01% |
127,287
-63,274
| -33% | -$1.1M |
|
|
SBR
3500
Sabine Royalty Trust
SBR
$1.08B
| $2.02M | ﹤0.01% |
26,819
+1,778
| +7% | +$127K |
|
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.