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 | |
|---|---|---|---|---|---|---|
3976
Diodes
DIOD
$4B
| $1.24M | ﹤0.01% |
18,183
-449
| -2% | -$28.3K |
|
|
XHR
3977
Xenia Hotels & Resorts
XHR
$1.98B
| $1.24M | ﹤0.01% |
83,648
-3,280
| -4% | -$49.4K |
|
|
DMB
3978
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$197M
| $1.24M | ﹤0.01% |
117,669
-309
| -0.3% | -$3.39K |
|
3979
Unusual Machines
UMAC
$925M
| $1.24M | ﹤0.01% |
99,975
+36,651
| +58% | +$558K |
|
3980
TFI International
TFII
$12.4B
| $1.24M | ﹤0.01% |
11,398
+4,531
| +66% | +$507K |
|
3981
First Merchants
FRME
$2.72B
| $1.24M | ﹤0.01% |
31,950
-1,142
| -3% | -$44.6K |
|
3982
Innovator US Equity Ultra Buffer ETF August
UAUG
$167M
| $1.24M | ﹤0.01% |
31,450
-1,420
| -4% | -$56.8K |
|
3983
Kadant
KAI
$3.69B
| $1.24M | ﹤0.01% |
4,230
+2,169
| +105% | +$697K |
|
|
FIXT
3984
TCW Core Plus Bond ETF
FIXT
$223M
| $1.24M | ﹤0.01% |
32,638
-1,534
| -4% | -$58.7K |
|
3985
CALL
Oracle
ORCL
$331B
| $1.24M | ﹤0.01% |
8,400
-3,500
| -29% | -$569K |
|
3986
VictoryShares Emerging Markets Value Momentum ETF
UEVM
$246M
| $1.24M | ﹤0.01% |
21,596
+4,438
| +26% | +$260K |
|
3987
Establishment Labs
ESTA
$2.72B
| $1.23M | ﹤0.01% |
21,715
+2,331
| +12% | +$159K |
|
3988
CVB Financial
CVBF
$3.98B
| $1.23M | ﹤0.01% |
63,568
-20,777
| -25% | -$409K |
|
|
PFD
3989
Flaherty & Crumrine Preferred and Income Fund
PFD
$145M
| $1.23M | ﹤0.01% |
109,892
+20,312
| +23% | +$238K |
|
3990
PACS Group
PACS
$7.42B
| $1.23M | ﹤0.01% |
38,214
+14,400
| +60% | +$529K |
|
3991
Dolby
DLB
$4.72B
| $1.23M | ﹤0.01% |
20,407
+2,081
| +11% | +$132K |
|
3992
Arcosa
ACA
$7.12B
| $1.22M | ﹤0.01% |
11,536
+1,497
| +15% | +$170K |
|
|
SCD
3993
LMP Capital and Income Fund
SCD
$353M
| $1.22M | ﹤0.01% |
81,959
+14,787
| +22% | +$228K |
|
3994
State Street SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF
EEMX
$169M
| $1.22M | ﹤0.01% |
27,681
-3,042
| -10% | -$140K |
|
3995
American Financial Group
AFG
$11.9B
| $1.22M | ﹤0.01% |
9,574
+851
| +10% | +$111K |
|
|
MICC
3996
The Magnum Ice Cream Company N.V.
MICC
$10.9B
| $1.22M | ﹤0.01% |
81,636
-16,074
| -16% | -$260K |
|
|
LAND
3997
Gladstone Land Corp
LAND
$368M
| $1.22M | ﹤0.01% |
119,633
+71,956
| +151% | +$774K |
|
3998
Global X FTSE Southeast Asia ETF
ASEA
$97.8M
| $1.22M | ﹤0.01% |
62,776
+40,846
| +186% | +$795K |
|
3999
PUT
Bank of America
BAC
$435B
| $1.22M | ﹤0.01% |
25,000
-7,800
| -24% | -$402K |
|
4000
Invesco Active US Real Estate Fund
PSR
$60.7M
| $1.22M | ﹤0.01% |
13,157
-7,453
| -36% | -$705K |
|
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.