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 | |
|---|---|---|---|---|---|---|
|
LGN
4051
Legence Corp
LGN
$5.44B
| $1.16M | ﹤0.01% |
20,592
+2,589
| +14% | +$130K |
|
|
AIVC
4052
Amplify Bloomberg AI Equal Weight ETF
AIVC
$111M
| $1.16M | ﹤0.01% |
16,840
+791
| +5% | +$56.3K |
|
4053
Hancock Whitney
HWC
$6.13B
| $1.16M | ﹤0.01% |
18,278
-1,242
| -6% | -$83.2K |
|
4054
Lattice Semiconductor
LSCC
$17.6B
| $1.16M | ﹤0.01% |
12,522
+3,009
| +32% | +$270K |
|
4055
FormFactor
FORM
$8.11B
| $1.16M | ﹤0.01% |
11,949
+54
| +0.5% | +$4.65K |
|
4056
Universal Corp
UVV
$1.34B
| $1.16M | ﹤0.01% |
21,972
-2,737
| -11% | -$147K |
|
4057
Cohu
COHU
$2.39B
| $1.16M | ﹤0.01% |
37,807
+609
| +2% | +$17.9K |
|
4058
iShares Morningstar Multi-Asset Income ETF
IYLD
$125M
| $1.16M | ﹤0.01% |
53,243
-41,986
| -44% | -$924K |
|
4059
WBI BullBear Yield 3000 ETF
WBIG
$27.5M
| $1.16M | ﹤0.01% |
49,111
-12,512
| -20% | -$300K |
|
|
LB
4060
LandBridge Co
LB
$2.12B
| $1.15M | ﹤0.01% |
16,707
+1,386
| +9% | +$88.1K |
|
4061
Xtrackers MSCI EAFE ESG Leaders Equity ETF
EASG
$66.4M
| $1.15M | ﹤0.01% |
32,785
+2,440
| +8% | +$88.9K |
|
4062
IMAX
IMAX
$2.38B
| $1.15M | ﹤0.01% |
30,292
+8,432
| +39% | +$313K |
|
4063
Essential Properties Realty Trust
EPRT
$6.99B
| $1.15M | ﹤0.01% |
37,897
+1,160
| +3% | +$36.8K |
|
4064
PUT
JPMorgan Chase
JPM
$939B
| $1.15M | ﹤0.01% |
3,900
+2,300
| +144% | +$698K |
|
4065
Rush Enterprises Class A
RUSHA
$5.95B
| $1.15M | ﹤0.01% |
17,352
-187
| -1% | -$12.3K |
|
|
PSTL
4066
Postal Realty Trust
PSTL
$723M
| $1.14M | ﹤0.01% |
61,602
+1,462
| +2% | +$27.1K |
|
|
CPSD
4067
Calamos S&P 500 Structured Alt Protection ETF - December
CPSD
$45.5M
| $1.14M | ﹤0.01% |
44,090
-1,624
| -4% | -$42.3K |
|
4068
Under Armour
UAA
$3B
| $1.14M | ﹤0.01% |
193,290
+4,651
| +2% | +$30.2K |
|
|
PDM
4069
Piedmont Realty Trust
PDM
$1.22B
| $1.14M | ﹤0.01% |
173,772
-3,102
| -2% | -$24.1K |
|
4070
Allegro MicroSystems
ALGM
$8.58B
| $1.14M | ﹤0.01% |
36,078
+3,605
| +11% | +$124K |
|
|
JMIA
4071
Jumia Technologies
JMIA
$726M
| $1.14M | ﹤0.01% |
164,735
-23,043
| -12% | -$232K |
|
4072
Blue Bird Corp
BLBD
$2.41B
| $1.14M | ﹤0.01% |
20,002
+2,176
| +12% | +$117K |
|
4073
Mattel
MAT
$4.17B
| $1.14M | ﹤0.01% |
78,119
+47,610
| +156% | +$867K |
|
4074
US Physical Therapy
USPH
$1.14B
| $1.13M | ﹤0.01% |
15,127
+326
| +2% | +$26.7K |
|
|
MILN
4075
Global X Millennial Consumer ETF
MILN
$96M
| $1.13M | ﹤0.01% |
27,888
-1,580
| -5% | -$69.6K |
|
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.