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 | |
|---|---|---|---|---|---|---|
3751
Invesco S&P SmallCap Consumer Staples ETF
PSCC
$37.8M
| $1.54M | ﹤0.01% |
48,939
-3,715
| -7% | -$123K |
|
|
GMUB
3752
Goldman Sachs Municipal Income ETF
GMUB
$299M
| $1.54M | ﹤0.01% |
30,242
+19,681
| +186% | +$1.01M |
|
|
EFR
3753
Eaton Vance Senior Floating-Rate Fund
EFR
$311M
| $1.54M | ﹤0.01% |
146,015
+53,136
| +57% | +$577K |
|
3754
CALL
Palantir
PLTR
$295B
| $1.54M | ﹤0.01% |
10,500
-1,900
| -15% | -$291K |
|
3755
FlexShares STOXX Global ESG Select Index Fund
ESGG
$110M
| $1.54M | ﹤0.01% |
7,681
+2,744
| +56% | +$569K |
|
3756
PUT
Berkshire Hathaway Class B
BRK.B
$1.07T
| $1.53M | ﹤0.01% |
3,200
-800
| -20% | -$393K |
|
|
ASCI
3757
abrdn International Small Cap Active ETF
ASCI
$77.1M
| $1.53M | ﹤0.01% |
46,134
-8,090
| -15% | -$282K |
|
3758
DiaMedica Therapeutics
DMAC
$363M
| $1.53M | ﹤0.01% |
226,050
+28,900
| +15% | +$229K |
|
3759
3D Systems Corp
DDD
$420M
| $1.53M | ﹤0.01% |
813,670
+81,813
| +11% | +$182K |
|
3760
Innovator US Equity Buffer ETF September
BSEP
$215M
| $1.53M | ﹤0.01% |
31,812
-1,072
| -3% | -$52.8K |
|
3761
Stantec
STN
$7.69B
| $1.53M | ﹤0.01% |
17,697
+6,988
| +65% | +$657K |
|
|
CATF
3762
American Century California Municipal Bond ETF
CATF
$81.4M
| $1.53M | ﹤0.01% |
+30,679
| New | +$1.55M |
|
|
ACVU
3763
Hartford Alpha Capture Value ETF
ACVU
$184M
| $1.53M | ﹤0.01% |
56,229
+1,770
| +3% | +$49.6K |
|
3764
Westlake Corp
WLK
$9.46B
| $1.53M | ﹤0.01% |
13,059
+411
| +3% | +$39.9K |
|
3765
Crane NXT
CXT
$3.04B
| $1.53M | ﹤0.01% |
37,582
-30,470
| -45% | -$1.48M |
|
3766
ProShares Short 20+ Year Treasury ETF
TBF
$84.9M
| $1.52M | ﹤0.01% |
62,864
+16,744
| +36% | +$401K |
|
3767
Maplebear
CART
$9.92B
| $1.52M | ﹤0.01% |
40,650
+3,851
| +10% | +$146K |
|
3768
Huntsman Corp
HUN
$2.24B
| $1.52M | ﹤0.01% |
114,362
-5,526
| -5% | -$67K |
|
3769
Enovis
ENOV
$1.56B
| $1.52M | ﹤0.01% |
66,832
-14,814
| -18% | -$350K |
|
3770
PUT
Micron Technology
MU
$1.04T
| $1.52M | ﹤0.01% |
4,500
-100
| -2% | -$39.2K |
|
|
ELFY
3771
ALPS Electrification Infrastructure ETF
ELFY
$199M
| $1.52M | ﹤0.01% |
+38,636
| New | +$1.51M |
|
3772
PUT
Marathon Digital Holdings
MARA
$4.62B
| $1.52M | ﹤0.01% |
186,000
-398,300
| -68% | -$3.6M |
|
|
JFB
3773
JFB Construction Holdings
JFB
$79.3M
| $1.52M | ﹤0.01% |
247,970
+960
| +0.4% | +$9.87K |
|
|
RCS
3774
PIMCO Strategic Income Fund
RCS
$243M
| $1.52M | ﹤0.01% |
283,126
-86,455
| -23% | -$500K |
|
3775
Motley Fool Small-Cap Growth ETF
TMFS
$57.8M
| $1.52M | ﹤0.01% |
47,377
-7,841
| -14% | -$273K |
|
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.