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 | |
|---|---|---|---|---|---|---|
3776
UFP Industries
UFPI
$4.97B
| $1.52M | ﹤0.01% |
16,453
-1,009
| -6% | -$102K |
|
3777
Principal Exchange-Traded Funds Principal Value ETF
PY
$233M
| $1.51M | ﹤0.01% |
29,401
+2,946
| +11% | +$155K |
|
|
VNET
3778
VNET Group
VNET
$2.05B
| $1.51M | ﹤0.01% |
180,305
+18,503
| +11% | +$196K |
|
3779
Greif
GEF
$4.47B
| $1.51M | ﹤0.01% |
22,518
+34
| +0.2% | +$2.41K |
|
3780
Concentrix
CNXC
$1.36B
| $1.51M | ﹤0.01% |
55,103
-5,539
| -9% | -$197K |
|
3781
ALPS Disruptive Technologies ETF
DTEC
$68.8M
| $1.51M | ﹤0.01% |
34,828
-5,184
| -13% | -$241K |
|
|
DPRO
3782
Draganfly
DPRO
$156M
| $1.5M | ﹤0.01% |
306,137
+245,341
| +404% | +$1.82M |
|
3783
AGF US Market Neutral Anti-Beta Fund
BTAL
$305M
| $1.5M | ﹤0.01% |
107,513
-13,070
| -11% | -$183K |
|
3784
CarGurus
CARG
$3.01B
| $1.5M | ﹤0.01% |
43,984
-5,754
| -12% | -$188K |
|
|
HPF
3785
John Hancock Preferred Income Fund II
HPF
$341M
| $1.5M | ﹤0.01% |
95,891
+334
| +0.3% | +$5.34K |
|
3786
Merchants Bancorp
MBIN
$2.19B
| $1.5M | ﹤0.01% |
34,881
-1,911
| -5% | -$77.9K |
|
3787
Northwest Natural Holdings
NWN
$2.17B
| $1.49M | ﹤0.01% |
28,083
+1,232
| +5% | +$61K |
|
|
MYCI
3788
State Street My2029 Corporate Bond ETF
MYCI
$33.3M
| $1.49M | ﹤0.01% |
59,994
+14,240
| +31% | +$356K |
|
3789
Choiceone Financial
COFS
$489M
| $1.49M | ﹤0.01% |
52,983
-336
| -0.6% | -$9.63K |
|
3790
Ranger Energy Services
RNGR
$373M
| $1.49M | ﹤0.01% |
86,845
-4,000
| -4% | -$64.8K |
|
|
IBHK
3791
iShares iBonds 2031 Term High Yield and Income ETF
IBHK
$71.1M
| $1.49M | ﹤0.01% |
58,456
+48,886
| +511% | +$1.26M |
|
3792
Hagerty
HGTY
$1.19B
| $1.49M | ﹤0.01% |
141,249
+26,210
| +23% | +$306K |
|
|
MASI
3793
DELISTED
Masimo
MASI
| $1.49M | ﹤0.01% |
8,355
+843
| +11% | +$132K |
|
3794
PUT
ServiceNow
NOW
$102B
| $1.48M | ﹤0.01% |
14,200
-13,300
| -48% | -$1.56M |
|
3795
Global X Social Media ETF
SOCL
$87.8M
| $1.48M | ﹤0.01% |
34,252
+3,579
| +12% | +$183K |
|
3796
Point Bridge America First ETF
MAGA
$31.4M
| $1.48M | ﹤0.01% |
27,681
-153
| -0.5% | -$8.28K |
|
|
ACLO
3797
TCW AAA CLO ETF
ACLO
$516M
| $1.48M | ﹤0.01% |
29,396
+10,190
| +53% | +$514K |
|
3798
Tenaris
TS
$29.1B
| $1.48M | ﹤0.01% |
25,442
+4,971
| +24% | +$245K |
|
|
DFTX
3799
Definium Therapeutics
DFTX
$5.73B
| $1.48M | ﹤0.01% |
78,271
+1,035
| +1% | +$17.6K |
|
3800
ProShares Short 7-10 Year Treasury
TBX
$15.8M
| $1.48M | ﹤0.01% |
52,678
+24,445
| +87% | +$682K |
|
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.