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 | |
|---|---|---|---|---|---|---|
3926
Genius Sports
GENI
$1.73B
| $1.29M | ﹤0.01% |
291,492
+45,155
| +18% | +$321K |
|
3927
Simpson Manufacturing
SSD
$7.98B
| $1.29M | ﹤0.01% |
7,524
-385
| -5% | -$71K |
|
3928
Kilroy Realty
KRC
$4.58B
| $1.29M | ﹤0.01% |
45,736
+294
| +0.6% | +$9.65K |
|
3929
iShares iBonds Oct 2026 Term TIPS ETF
IBIC
$83.2M
| $1.29M | ﹤0.01% |
49,752
-111,805
| -69% | -$2.87M |
|
3930
Middlesex Water
MSEX
$1.05B
| $1.29M | ﹤0.01% |
24,776
-1,296
| -5% | -$68.2K |
|
3931
Kodiak Gas Services
KGS
$5.96B
| $1.29M | ﹤0.01% |
22,107
-14,440
| -40% | -$701K |
|
|
JHI
3932
John Hancock Investors Trust
JHI
$114M
| $1.29M | ﹤0.01% |
99,864
-18,830
| -16% | -$256K |
|
3933
Liquidia Corp
LQDA
$7.67B
| $1.29M | ﹤0.01% |
34,123
+933
| +3% | +$34.6K |
|
3934
Xtrackers Russell 1000 US Quality at a Reasonable Price ETF
QARP
$75.2M
| $1.29M | ﹤0.01% |
21,806
+1,797
| +9% | +$109K |
|
3935
Anavex Life Sciences
AVXL
$222M
| $1.29M | ﹤0.01% |
418,640
-110,142
| -21% | -$477K |
|
3936
United States Gasoline Fund
UGA
$142M
| $1.28M | ﹤0.01% |
+12,426
| New | +$955K |
|
3937
Simplify Affinity World Leaders Equity ETF
WLDR
$88.6M
| $1.28M | ﹤0.01% |
+34,501
| New | +$1.31M |
|
3938
Innovative Industrial Properties
IIPR
$1.78B
| $1.28M | ﹤0.01% |
25,554
-2,151
| -8% | -$109K |
|
|
MMU
3939
Western Asset Managed Municipals Fund
MMU
$549M
| $1.28M | ﹤0.01% |
124,562
+3,181
| +3% | +$33.4K |
|
3940
Brady Corp
BRC
$4.45B
| $1.28M | ﹤0.01% |
15,759
+6,280
| +66% | +$546K |
|
3941
Terreno Realty
TRNO
$7.68B
| $1.28M | ﹤0.01% |
20,843
+3,768
| +22% | +$236K |
|
3942
iShares MSCI Chile ETF
ECH
$1.01B
| $1.28M | ﹤0.01% |
32,195
+5,766
| +22% | +$246K |
|
3943
Privia Health
PRVA
$3.21B
| $1.28M | ﹤0.01% |
62,133
+17,887
| +40% | +$403K |
|
3944
Patterson-UTI
PTEN
$3.87B
| $1.28M | ﹤0.01% |
117,911
-10,948
| -8% | -$93.7K |
|
3945
PIMCO RAFI Dynamic Multi-Factor US Equity ETF
MFUS
$282M
| $1.27M | ﹤0.01% |
21,819
+3
| +0% | +$178 |
|
3946
Victory Capital Holdings
VCTR
$6.08B
| $1.27M | ﹤0.01% |
19,457
+3,415
| +21% | +$238K |
|
3947
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
XHLF
$1.94B
| $1.27M | ﹤0.01% |
25,277
+4,722
| +23% | +$237K |
|
|
AAMI
3948
Acadian Asset Management
AAMI
$2.88B
| $1.27M | ﹤0.01% |
23,373
-1,706
| -7% | -$89.8K |
|
|
BCV
3949
Bancroft Fund
BCV
$136M
| $1.27M | ﹤0.01% |
59,011
-6,365
| -10% | -$146K |
|
3950
Match Group
MTCH
$8.84B
| $1.27M | ﹤0.01% |
41,360
-546
| -1% | -$17K |
|
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.