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 | |
|---|---|---|---|---|---|---|
3826
Invesco China Technology ETF
CQQQ
$2.95B
| $1.42M | ﹤0.01% |
30,917
-29,622
| -49% | -$1.56M |
|
3827
Fidelity Yield Enhanced Equity ETF
FYEE
$204M
| $1.42M | ﹤0.01% |
52,429
+41,190
| +366% | +$1.18M |
|
3828
StoneCo
STNE
$2.62B
| $1.42M | ﹤0.01% |
100,674
+38,918
| +63% | +$598K |
|
|
FTOH
3829
Franklin Ohio Municipal Income ETF
FTOH
$74.1M
| $1.42M | ﹤0.01% |
170,797
+38,363
| +29% | +$323K |
|
3830
C3.ai
AI
$1.27B
| $1.42M | ﹤0.01% |
168,716
-15,539
| -8% | -$167K |
|
|
NXJ
3831
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $1.42M | ﹤0.01% |
115,428
+5,414
| +5% | +$67.2K |
|
3832
Westamerica Bancorp
WABC
$1.39B
| $1.42M | ﹤0.01% |
27,192
+1,334
| +5% | +$67.7K |
|
|
DHY
3833
Credit Suisse High Yield Credit Fund
DHY
$238M
| $1.41M | ﹤0.01% |
744,144
-19,962
| -3% | -$39K |
|
3834
Calumet Specialty Products
CLMT
$3.63B
| $1.41M | ﹤0.01% |
39,289
-101,288
| -72% | -$2.62M |
|
3835
Artesian Resources
ARTNA
$356M
| $1.41M | ﹤0.01% |
44,161
+470
| +1% | +$15.4K |
|
|
DHF
3836
BNY Mellon High Yield Strategies Fund
DHF
$171M
| $1.4M | ﹤0.01% |
575,691
+1,856
| +0.3% | +$4.59K |
|
3837
Brunswick
BC
$5.19B
| $1.4M | ﹤0.01% |
19,304
+2,999
| +18% | +$242K |
|
3838
Global X Emerging Markets Bond ETF
EMBD
$249M
| $1.4M | ﹤0.01% |
59,909
+5,176
| +9% | +$124K |
|
3839
Nuveen Municipal Credit Opportunities Fund
NMCO
$579M
| $1.4M | ﹤0.01% |
132,468
-16,455
| -11% | -$175K |
|
3840
JPMorgan Short Duration Core Plus ETF
JSCP
$1.67B
| $1.4M | ﹤0.01% |
29,623
+2,592
| +10% | +$123K |
|
3841
Palomar
PLMR
$3.65B
| $1.4M | ﹤0.01% |
11,720
+2,124
| +22% | +$265K |
|
|
RSMC
3842
Rockefeller U.S. Small-Mid Cap ETF
RSMC
$749M
| $1.4M | ﹤0.01% |
56,266
+830
| +1% | +$21.5K |
|
|
PMM
3843
Franklin Managed Municipal Income Trust
PMM
$275M
| $1.4M | ﹤0.01% |
227,108
+38,503
| +20% | +$241K |
|
3844
Panagram BBB-B CLO ETF
CLOZ
$773M
| $1.4M | ﹤0.01% |
54,442
-528,902
| -91% | -$13.9M |
|
3845
Alkermes
ALKS
$8.82B
| $1.39M | ﹤0.01% |
39,447
-4,795
| -11% | -$149K |
|
3846
AllianzIM U.S. Equity Buffer10 Aug ETF
AUGT
$29.7M
| $1.39M | ﹤0.01% |
39,996
-1,645
| -4% | -$58.6K |
|
3847
AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF
SIXP
$44M
| $1.39M | ﹤0.01% |
44,489
-76
| -0.2% | -$2.41K |
|
3848
Apple Hospitality REIT
APLE
$3.96B
| $1.39M | ﹤0.01% |
120,754
+1,612
| +1% | +$19.5K |
|
3849
Woodside Energy
WDS
$42.9B
| $1.39M | ﹤0.01% |
58,197
+9,953
| +21% | +$194K |
|
3850
Schwab 1-5 Year Corporate Bond ETF
SCHJ
$852M
| $1.39M | ﹤0.01% |
56,171
+6,831
| +14% | +$170K |
|
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.