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 | |
|---|---|---|---|---|---|---|
3551
Saic
SAIC
$5.03B
| $1.91M | ﹤0.01% |
20,174
+10,180
| +102% | +$998K |
|
|
ISD
3552
PGIM High Yield Bond Fund
ISD
$414M
| $1.91M | ﹤0.01% |
145,324
+2,297
| +2% | +$32.6K |
|
3553
First Trust China AlphaDEX Fund
FCA
$32.5M
| $1.91M | ﹤0.01% |
61,021
+9,587
| +19% | +$308K |
|
3554
Monarch ProCap Index ETF
MPRO
$256M
| $1.91M | ﹤0.01% |
61,215
+47,896
| +360% | +$1.52M |
|
3555
Old National Bancorp
ONB
$10.1B
| $1.91M | ﹤0.01% |
86,446
-7,112
| -8% | -$166K |
|
3556
Innovator US Small Cap Power Buffer ETF October
KOCT
$143M
| $1.91M | ﹤0.01% |
56,270
+1,167
| +2% | +$40.2K |
|
3557
Graphic Packaging
GPK
$3.26B
| $1.91M | ﹤0.01% |
191,753
-1,976,523
| -91% | -$24.9M |
|
3558
USA Compression Partners
USAC
$3.82B
| $1.91M | ﹤0.01% |
70,261
+3,615
| +5% | +$95.9K |
|
3559
United States Oil Fund
USO
$2.45B
| $1.91M | ﹤0.01% |
14,972
-1,599
| -10% | -$142K |
|
|
AXIA
3560
AXIA Energia
AXIA
$22.6B
| $1.9M | ﹤0.01% |
168,798
+42,454
| +34% | +$459K |
|
3561
SP Funds Dow Jones Global Sukuk ETF
SPSK
$650M
| $1.9M | ﹤0.01% |
106,210
+8,462
| +9% | +$154K |
|
3562
Innovator US Equity Buffer ETF December
BDEC
$216M
| $1.9M | ﹤0.01% |
39,601
-5,086
| -11% | -$252K |
|
3563
BlackRock MuniYield Michigan Quality Fund
MIY
$354M
| $1.9M | ﹤0.01% |
159,867
-546
| -0.3% | -$6.66K |
|
3564
Kennametal
KMT
$2.68B
| $1.9M | ﹤0.01% |
52,548
-8,194
| -13% | -$299K |
|
|
WCBR
3565
WisdomTree Cybersecurity Fund
WCBR
$103M
| $1.9M | ﹤0.01% |
76,085
-113,125
| -60% | -$2.95M |
|
3566
Constellium
CSTM
$3.96B
| $1.9M | ﹤0.01% |
77,137
+66,918
| +655% | +$1.59M |
|
3567
National Bankshares
NKSH
$233M
| $1.89M | ﹤0.01% |
52,030
+1,394
| +3% | +$50.9K |
|
|
PMO
3568
Franklin Municipal Opportunities Trust
PMO
$282M
| $1.89M | ﹤0.01% |
183,902
+5,295
| +3% | +$56K |
|
3569
Lazard
LAZ
$4.37B
| $1.89M | ﹤0.01% |
44,540
+100
| +0.2% | +$4.89K |
|
3570
Redwire
RDW
$2.08B
| $1.89M | ﹤0.01% |
221,895
+67,830
| +44% | +$665K |
|
3571
PUT
NVIDIA
NVDA
$5.01T
| $1.88M | ﹤0.01% |
10,800
-11,500
| -52% | -$2.11M |
|
|
GRAL
3572
GRAIL Inc
GRAL
$2.91B
| $1.88M | ﹤0.01% |
36,442
+441
| +1% | +$34.2K |
|
|
EFXT
3573
Enerflex
EFXT
$2.78B
| $1.88M | ﹤0.01% |
89,986
-7,662
| -8% | -$146K |
|
3574
Oscar Health
OSCR
$8.5B
| $1.88M | ﹤0.01% |
163,566
+10,927
| +7% | +$154K |
|
3575
First Trust Securitized Plus ETF
DEED
$78.8M
| $1.87M | ﹤0.01% |
87,791
-592
| -0.7% | -$12.8K |
|
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.