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 | |
|---|---|---|---|---|---|---|
|
PGP
3801
PIMCO Global StockPLUS & Income Fund
PGP
$96.6M
| $1.48M | ﹤0.01% |
177,454
+63
| +0% | +$566 |
|
|
SOBO
3802
South Bow Corp
SOBO
$8.03B
| $1.48M | ﹤0.01% |
44,324
+5,825
| +15% | +$177K |
|
3803
ICF International
ICFI
$1.44B
| $1.48M | ﹤0.01% |
22,606
-7,798
| -26% | -$634K |
|
3804
New Oriental
EDU
$7.84B
| $1.47M | ﹤0.01% |
+26,018
| New | +$1.49M |
|
|
JKS
3805
JinkoSolar
JKS
$775M
| $1.47M | ﹤0.01% |
57,893
+17,343
| +43% | +$458K |
|
3806
Frequency Electronics
FEIM
$715M
| $1.47M | ﹤0.01% |
33,215
+1,000
| +3% | +$51.1K |
|
3807
nLIGHT
LASR
$3.95B
| $1.47M | ﹤0.01% |
25,743
+6,522
| +34% | +$353K |
|
3808
iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036
DJP
$819M
| $1.47M | ﹤0.01% |
30,480
+1,350
| +5% | +$57.8K |
|
3809
Pediatrix Medical
MD
$2.16B
| $1.47M | ﹤0.01% |
68,531
-3,842
| -5% | -$80K |
|
3810
Interparfums
IPAR
$3.92B
| $1.47M | ﹤0.01% |
16,130
-2,269
| -12% | -$215K |
|
3811
Hawaiian Electric Industries
HE
$2.33B
| $1.46M | ﹤0.01% |
98,536
+32,736
| +50% | +$495K |
|
3812
Dimensional Emerging Markets Value ETF
DFEV
$1.93B
| $1.46M | ﹤0.01% |
40,812
+3,583
| +10% | +$131K |
|
3813
Vontier
VNT
$4.33B
| $1.46M | ﹤0.01% |
41,021
+3,903
| +11% | +$150K |
|
3814
PUT
American Express
AXP
$223B
| $1.45M | ﹤0.01% |
4,800
+500
| +12% | +$168K |
|
|
IBCA
3815
iShares iBonds Dec 2035 Term Corporate ETF
IBCA
$367M
| $1.45M | ﹤0.01% |
56,601
+23,436
| +71% | +$607K |
|
|
ONC
3816
BeOne Medicines Ltd
ONC
$33.8B
| $1.45M | ﹤0.01% |
4,884
+819
| +20% | +$265K |
|
3817
Alignment Healthcare
ALHC
$4.02B
| $1.45M | ﹤0.01% |
82,228
+46,632
| +131% | +$937K |
|
3818
Haemonetics
HAE
$3.58B
| $1.44M | ﹤0.01% |
25,638
-16,702
| -39% | -$1.09M |
|
3819
Meritage Homes
MTH
$4.87B
| $1.44M | ﹤0.01% |
23,230
-4,979
| -18% | -$352K |
|
3820
Bain Capital Specialty
BCSF
$802M
| $1.44M | ﹤0.01% |
115,815
+10,995
| +10% | +$144K |
|
3821
FT Vest US Equity Max Buffer ETF March
MARM
$108M
| $1.43M | ﹤0.01% |
42,854
-153
| -0.4% | -$5.08K |
|
3822
PUT
UnitedHealth
UNH
$382B
| $1.43M | ﹤0.01% |
5,300
-10,100
| -66% | -$3.01M |
|
|
IGA
3823
Voya Global Advantage and Premium Opportunity Fund
IGA
$154M
| $1.43M | ﹤0.01% |
149,520
-33,931
| -18% | -$332K |
|
3824
Miller Value Partners Appreciation ETF
MVPA
$68.6M
| $1.43M | ﹤0.01% |
45,585
+19,743
| +76% | +$647K |
|
3825
IAMGOLD
IAG
$8.47B
| $1.43M | ﹤0.01% |
75,724
+2,481
| +3% | +$49.2K |
|
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.