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 | |
|---|---|---|---|---|---|---|
3951
Towne Bank
TOWN
$3.35B
| $1.27M | ﹤0.01% |
37,714
+1,090
| +3% | +$37.9K |
|
3952
Sinclair Inc
SBGI
$974M
| $1.27M | ﹤0.01% |
98,077
+972
| +1% | +$14.1K |
|
3953
Intuitive Machines
LUNR
$2.07B
| $1.27M | ﹤0.01% |
68,331
-12,349
| -15% | -$228K |
|
3954
Upbound Group
UPBD
$1.19B
| $1.27M | ﹤0.01% |
70,232
+23,891
| +52% | +$466K |
|
3955
Ryan Specialty Holdings
RYAN
$5.41B
| $1.27M | ﹤0.01% |
37,531
-2,955
| -7% | -$126K |
|
3956
Amplify Lithium & Battery Technology ETF
BATT
$113M
| $1.27M | ﹤0.01% |
85,020
-2,755
| -3% | -$41.8K |
|
3957
Ardelyx
ARDX
$1.24B
| $1.27M | ﹤0.01% |
211,320
+51,388
| +32% | +$340K |
|
3958
Direxion Daily Financial Bull 3x ETF
FAS
$2.4B
| $1.26M | ﹤0.01% |
10,674
+2,457
| +30% | +$350K |
|
3959
Zillow
Z
$7.04B
| $1.26M | ﹤0.01% |
30,555
+2,329
| +8% | +$124K |
|
3960
Recursion Pharmaceuticals
RXRX
$1.57B
| $1.26M | ﹤0.01% |
411,385
-21,747
| -5% | -$84K |
|
3961
Innovator US Equity Ultra Buffer ETF July
UJUL
$227M
| $1.26M | ﹤0.01% |
32,966
-709
| -2% | -$27.5K |
|
3962
Global X Hydrogen ETF
HYDR
$81.9M
| $1.26M | ﹤0.01% |
34,783
+13,431
| +63% | +$510K |
|
3963
Grupo Aeroportuario del Sureste
ASR
$8.03B
| $1.26M | ﹤0.01% |
+3,746
| New | +$1.28M |
|
3964
U-Haul Holding Co Series N
UHAL.B
$12.2B
| $1.26M | ﹤0.01% |
28,150
-8,341
| -23% | -$395K |
|
3965
Etsy
ETSY
$7.65B
| $1.26M | ﹤0.01% |
25,155
-553
| -2% | -$30.2K |
|
3966
MGIC Investment
MTG
$6.27B
| $1.26M | ﹤0.01% |
47,875
-8,187
| -15% | -$219K |
|
|
WCLD
3967
WisdomTree Cloud Computing Fund
WCLD
$240M
| $1.26M | ﹤0.01% |
45,939
-11,838
| -20% | -$350K |
|
3968
PUT
Blackstone
BX
$104B
| $1.25M | ﹤0.01% |
+10,900
| New | +$1.42M |
|
3969
Franklin FTSE Canada ETF
FLCA
$796M
| $1.25M | ﹤0.01% |
25,560
+3,849
| +18% | +$191K |
|
3970
PUT
US Bancorp
USB
$99.6B
| $1.25M | ﹤0.01% |
24,000
-3,300
| -12% | -$181K |
|
3971
FirstService
FSV
$6.32B
| $1.25M | ﹤0.01% |
8,983
+3,134
| +54% | +$477K |
|
3972
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
$764M
| $1.25M | ﹤0.01% |
25,580
+3,409
| +15% | +$169K |
|
3973
BondBloxx USD High Yield Bond Sector Rotation ETF
HYSA
$63.7M
| $1.25M | ﹤0.01% |
83,862
-7,565
| -8% | -$114K |
|
3974
First Watch Restaurant Group
FWRG
$747M
| $1.24M | ﹤0.01% |
118,628
+23,090
| +24% | +$334K |
|
3975
Fidelity Disruptive Automation ETF
FBOT
$202M
| $1.24M | ﹤0.01% |
37,498
-320
| -0.8% | -$11.3K |
|
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.