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 | |
|---|---|---|---|---|---|---|
3626
SFL Corp
SFL
$1.59B
| $1.8M | ﹤0.01% |
166,358
+26,140
| +19% | +$253K |
|
3627
Avantis All Equity Markets Value ETF
AVGV
$410M
| $1.79M | ﹤0.01% |
23,126
+10,641
| +85% | +$834K |
|
3628
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$694M
| $1.79M | ﹤0.01% |
35,120
-1,236
| -3% | -$64.5K |
|
|
UDEC
3629
Innovator US Equity Ultra Buffer ETF December
UDEC
$247M
| $1.79M | ﹤0.01% |
46,116
-3,208
| -7% | -$127K |
|
|
ANGX
3630
Angel Studios
ANGX
$755M
| $1.79M | ﹤0.01% |
586,266
+6,651
| +1% | +$25.5K |
|
|
AUGO
3631
Aura Minerals Inc
AUGO
$4.58B
| $1.79M | ﹤0.01% |
21,903
+5,574
| +34% | +$391K |
|
3632
Park National Corp
PRK
$3.41B
| $1.78M | ﹤0.01% |
10,910
+66
| +0.6% | +$10.8K |
|
3633
AXS Change Finance ESG ETF
CHGX
$168M
| $1.78M | ﹤0.01% |
66,399
-913
| -1% | -$25.3K |
|
3634
Artisan Partners
APAM
$2.79B
| $1.78M | ﹤0.01% |
48,928
-2,799
| -5% | -$114K |
|
3635
Weatherford International
WFRD
$6.36B
| $1.78M | ﹤0.01% |
18,822
-7,732
| -29% | -$728K |
|
3636
RingCentral
RNG
$4.05B
| $1.77M | ﹤0.01% |
47,706
+631
| +1% | +$20.3K |
|
3637
AllianzIM U.S. Equity Buffer10 Sep ETF
SEPT
$32.9M
| $1.77M | ﹤0.01% |
51,633
-4,828
| -9% | -$170K |
|
3638
Teleflex
TFX
$5.85B
| $1.77M | ﹤0.01% |
14,816
+2,036
| +16% | +$224K |
|
3639
First American
FAF
$7.67B
| $1.77M | ﹤0.01% |
29,342
-5,397
| -16% | -$345K |
|
|
PCM
3640
PCM Fund
PCM
$69M
| $1.77M | ﹤0.01% |
309,502
+1,066
| +0.3% | +$6.36K |
|
3641
Corebridge Financial
CRBG
$14.1B
| $1.77M | ﹤0.01% |
74,029
-15,932
| -18% | -$446K |
|
3642
Equitable Holdings
EQH
$13.1B
| $1.76M | ﹤0.01% |
47,560
-1,144
| -2% | -$49K |
|
3643
Stock Yards Bancorp
SYBT
$2.41B
| $1.76M | ﹤0.01% |
26,621
+696
| +3% | +$46.4K |
|
3644
Rexford Industrial Realty
REXR
$8.7B
| $1.76M | ﹤0.01% |
53,893
-11,126
| -17% | -$418K |
|
3645
Penske Automotive Group
PAG
$14.3B
| $1.76M | ﹤0.01% |
11,781
+39
| +0.3% | +$6.18K |
|
3646
BlackSky Technology
BKSY
$800M
| $1.76M | ﹤0.01% |
69,930
+27,468
| +65% | +$656K |
|
3647
First Trust Eurozone AlphaDEX
FEUZ
$133M
| $1.76M | ﹤0.01% |
28,233
+3,322
| +13% | +$213K |
|
3648
ProShares Online Retail ETF
ONLN
$61.3M
| $1.76M | ﹤0.01% |
33,001
-3,022
| -8% | -$172K |
|
3649
Invitation Homes
INVH
$17.7B
| $1.75M | ﹤0.01% |
70,577
-3,099
| -4% | -$81.2K |
|
3650
FT Vest US Small Cap Moderate Buffer ETF August
SAUG
$109M
| $1.75M | ﹤0.01% |
68,121
+5,443
| +9% | +$142K |
|
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.