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 | |
|---|---|---|---|---|---|---|
4026
T. Rowe Price Floating Rate ETF
TFLR
$668M
| $1.19M | ﹤0.01% |
23,675
+523
| +2% | +$26.6K |
|
|
JUNM
4027
FT Vest U.S. Equity Max Buffer ETF - June
JUNM
$66.6M
| $1.19M | ﹤0.01% |
34,749
-1,255
| -3% | -$43.1K |
|
|
RGT
4028
Royce Global Value Trust
RGT
$95.8M
| $1.19M | ﹤0.01% |
89,133
+23,124
| +35% | +$322K |
|
4029
USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund
SDCI
$553M
| $1.19M | ﹤0.01% |
43,664
+1,751
| +4% | +$42.8K |
|
4030
Global X Genomics & Biotechnology ETF
GNOM
$82.9M
| $1.19M | ﹤0.01% |
27,166
-2,705
| -9% | -$125K |
|
4031
Evertec
EVTC
$1.83B
| $1.19M | ﹤0.01% |
42,088
+2,598
| +7% | +$73.8K |
|
|
NUVL
4032
DELISTED
Nuvalent
NUVL
| $1.19M | ﹤0.01% |
11,572
+9,033
| +356% | +$921K |
|
4033
Benchmark Electronics
BHE
$2.91B
| $1.19M | ﹤0.01% |
21,140
+323
| +2% | +$17.4K |
|
4034
Gulfport Energy Corp
GPOR
$2.83B
| $1.18M | ﹤0.01% |
5,585
+2,658
| +91% | +$528K |
|
|
PDX
4035
PIMCO Dynamic Income Strategy Fund
PDX
$957M
| $1.18M | ﹤0.01% |
53,558
+8,968
| +20% | +$182K |
|
4036
Madison Square Garden
MSGS
$9.54B
| $1.18M | ﹤0.01% |
3,672
+370
| +11% | +$110K |
|
4037
Perimeter Solutions
PRM
$5.5B
| $1.18M | ﹤0.01% |
48,194
+4,834
| +11% | +$123K |
|
4038
Innovator US Equity Ultra Buffer ETF June
UJUN
$178M
| $1.18M | ﹤0.01% |
31,593
| – | – |
|
4039
Toews Agility Shares Dynamic Tactical Income ETF
THY
$87.1M
| $1.18M | ﹤0.01% |
53,493
+5,453
| +11% | +$121K |
|
4040
Stoke Therapeutics
STOK
$1.82B
| $1.17M | ﹤0.01% |
36,047
+28,667
| +388% | +$940K |
|
4041
Innovator S&P Investment Grade Preferred ETF
EPRF
$68.7M
| $1.17M | ﹤0.01% |
70,732
-6,057
| -8% | -$106K |
|
4042
Arvinas
ARVN
$518M
| $1.17M | ﹤0.01% |
110,694
-545
| -0.5% | -$6.75K |
|
|
NXG
4043
NXG NextGen Infrastructure Income Fund
NXG
$339M
| $1.17M | ﹤0.01% |
21,358
+1,658
| +8% | +$87.7K |
|
|
UCTT
4044
Ultra Clean Holdings
UCTT
$4.16B
| $1.17M | ﹤0.01% |
18,860
-7,938
| -30% | -$407K |
|
4045
CALL
Uber
UBER
$134B
| $1.17M | ﹤0.01% |
16,300
+6,100
| +60% | +$469K |
|
4046
Barron's 400 ETF
BFOR
$225M
| $1.17M | ﹤0.01% |
56,492
+2,680
| +5% | +$57.3K |
|
4047
Franklin Electric
FELE
$4.67B
| $1.17M | ﹤0.01% |
12,706
+548
| +5% | +$53.8K |
|
|
DBVT
4048
DBV Technologies
DBVT
$807M
| $1.17M | ﹤0.01% |
+55,871
| New | +$1.17M |
|
4049
Commault Systems
CVLT
$5.89B
| $1.17M | ﹤0.01% |
14,978
+5,155
| +52% | +$489K |
|
4050
Oaktree Specialty Lending
OCSL
$1.03B
| $1.16M | ﹤0.01% |
103,079
-59,739
| -37% | -$715K |
|
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.