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 | |
|---|---|---|---|---|---|---|
3701
Nuveen Real Estate Income Fund
JRS
$251M
| $1.62M | ﹤0.01% |
217,338
-1,327
| -0.6% | -$10.3K |
|
3702
Delek Logistics
DKL
$3.04B
| $1.62M | ﹤0.01% |
32,477
-610
| -2% | -$31.4K |
|
3703
Pacer Trendpilot European Index ETF
PTEU
$36.1M
| $1.61M | ﹤0.01% |
54,193
+1,365
| +3% | +$42.8K |
|
3704
Innovator Equity Defined Protection ETF - 2 Yr to July 2027
TJUL
$130M
| $1.61M | ﹤0.01% |
54,959
-2,178
| -4% | -$64.5K |
|
3705
AMES National
ATLO
$266M
| $1.61M | ﹤0.01% |
57,177
-798
| -1% | -$20.9K |
|
3706
Metropolitan Bank Holding Corp
MCB
$1.13B
| $1.61M | ﹤0.01% |
19,362
+299
| +2% | +$25.7K |
|
3707
Valvoline
VVV
$4.97B
| $1.61M | ﹤0.01% |
47,692
+1,210
| +3% | +$41.8K |
|
3708
HCI Group
HCI
$2.28B
| $1.61M | ﹤0.01% |
10,387
+2,295
| +28% | +$376K |
|
3709
Skywest
SKYW
$4.11B
| $1.61M | ﹤0.01% |
17,486
-1,730
| -9% | -$171K |
|
3710
PUT
Salesforce
CRM
$134B
| $1.61M | ﹤0.01% |
8,600
-2,300
| -21% | -$477K |
|
3711
Dentsply Sirona
XRAY
$2.59B
| $1.6M | ﹤0.01% |
138,232
-440
| -0.3% | -$5.49K |
|
3712
BridgeBio Pharma
BBIO
$16.5B
| $1.6M | ﹤0.01% |
21,564
+8,214
| +62% | +$595K |
|
3713
Beam Therapeutics
BEAM
$2.58B
| $1.6M | ﹤0.01% |
66,933
+11,314
| +20% | +$314K |
|
3714
Triple Flag Precious Metals
TFPM
$6B
| $1.59M | ﹤0.01% |
45,948
+8,951
| +24% | +$324K |
|
3715
Ingles Markets
IMKTA
$1.63B
| $1.59M | ﹤0.01% |
17,717
+4,154
| +31% | +$337K |
|
3716
Option Care Health
OPCH
$3.4B
| $1.59M | ﹤0.01% |
59,113
-43,379
| -42% | -$1.41M |
|
3717
DNOW Inc
DNOW
$2.63B
| $1.59M | ﹤0.01% |
133,318
+20,343
| +18% | +$275K |
|
|
OEFA
3718
ALPS O'Shares International Developed Quality Dividend ETF
OEFA
$35.2M
| $1.59M | ﹤0.01% |
50,493
-8,265
| -14% | -$279K |
|
3719
Vaxcyte
PCVX
$7.89B
| $1.59M | ﹤0.01% |
27,324
+6,835
| +33% | +$371K |
|
3720
Cohen & Steers Select Preferred & Income Fund
PSF
$235M
| $1.58M | ﹤0.01% |
81,681
-445
| -0.5% | -$8.98K |
|
|
KOID
3721
KraneShares Global Humanoid Robotics and Physical AI Index ETF
KOID
$285M
| $1.58M | ﹤0.01% |
50,742
+33,004
| +186% | +$1.12M |
|
3722
Garrett Motion
GTX
$5.9B
| $1.58M | ﹤0.01% |
87,088
+49,717
| +133% | +$928K |
|
|
BA.PRA
3723
Boeing Co 6.00% Series A Preferred Stock
BA.PRA
$7.49B
| $1.58M | ﹤0.01% |
24,350
+4,904
| +25% | +$357K |
|
3724
Asbury Automotive
ABG
$4.19B
| $1.58M | ﹤0.01% |
8,082
+123
| +2% | +$27.3K |
|
3725
ADMA Biologics
ADMA
$1.92B
| $1.58M | ﹤0.01% |
175,231
-120,975
| -41% | -$1.91M |
|
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.