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 | |
|---|---|---|---|---|---|---|
4101
Dimensional Inflation-Protected Securities ETF
DFIP
$1.1B
| $1.11M | ﹤0.01% |
26,705
+2,613
| +11% | +$109K |
|
4102
Harrow
HROW
$1.43B
| $1.11M | ﹤0.01% |
31,560
+727
| +2% | +$32K |
|
|
TE
4103
T1 Energy
TE
$1.4B
| $1.11M | ﹤0.01% |
253,392
+102,368
| +68% | +$750K |
|
4104
Edgewell Personal Care
EPC
$1.27B
| $1.11M | ﹤0.01% |
52,102
+16,946
| +48% | +$341K |
|
4105
Helmerich & Payne
HP
$3.53B
| $1.11M | ﹤0.01% |
30,835
-409
| -1% | -$13.9K |
|
4106
Prudential
PUK
$36.5B
| $1.11M | ﹤0.01% |
38,979
-39,352
| -50% | -$1.21M |
|
|
PAI
4107
Western Asset Investment Grade Income Fund
PAI
$113M
| $1.1M | ﹤0.01% |
91,217
+15,568
| +21% | +$194K |
|
4108
Invesco CurrencyShares Euro Currency Trust
FXE
$331M
| $1.09M | ﹤0.01% |
10,245
-6,721
| -40% | -$726K |
|
4109
Alpha Architect International Quantitative Momentum ETF
IMOM
$154M
| $1.09M | ﹤0.01% |
27,433
+20,753
| +311% | +$870K |
|
4110
Resideo Technologies
REZI
$5.23B
| $1.09M | ﹤0.01% |
32,317
-4,439
| -12% | -$159K |
|
4111
Middleby
MIDD
$6.05B
| $1.09M | ﹤0.01% |
8,207
+200
| +2% | +$30.3K |
|
4112
IQ Winslow Large Cap Growth ETF
IWLG
$309M
| $1.09M | ﹤0.01% |
22,763
+3,197
| +16% | +$164K |
|
4113
Direxion Daily Technology Bull 3x ETF
TECL
$5.14B
| $1.08M | ﹤0.01% |
12,513
+3,158
| +34% | +$339K |
|
4114
Global X Emerging Markets Great Consumer ETF
EMC
$61.8M
| $1.08M | ﹤0.01% |
35,060
-2,479
| -7% | -$80.7K |
|
4115
Schwab Municipal Bond ETF
SCMB
$3.96B
| $1.08M | ﹤0.01% |
42,352
+7,676
| +22% | +$198K |
|
4116
Orion Group Holdings
ORN
$514M
| $1.08M | ﹤0.01% |
98,907
+39,148
| +66% | +$468K |
|
|
NLOP
4117
Net Lease Office Properties
NLOP
$168M
| $1.08M | ﹤0.01% |
93,365
+58,713
| +169% | +$987K |
|
|
TERN
4118
DELISTED
Terns Pharmaceuticals
TERN
| $1.07M | ﹤0.01% |
20,298
+3,689
| +22% | +$152K |
|
|
GAM
4119
General American Investors Company
GAM
$1.54B
| $1.07M | ﹤0.01% |
18,276
-3,423
| -16% | -$207K |
|
4120
ProShares Pet Care ETF
PAWZ
$33M
| $1.07M | ﹤0.01% |
20,786
-2,449
| -11% | -$134K |
|
4121
KB Home
KBH
$3.48B
| $1.07M | ﹤0.01% |
20,589
+384
| +2% | +$22.6K |
|
|
BWIN
4122
Baldwin Insurance Group
BWIN
$2.58B
| $1.06M | ﹤0.01% |
48,396
-18,052
| -27% | -$390K |
|
|
AFB
4123
AllianceBernstein National Municipal Income Fund
AFB
$312M
| $1.06M | ﹤0.01% |
99,324
+26
| +0% | +$283 |
|
4124
PUT
Strategy Inc
MSTR
$33.5B
| $1.06M | ﹤0.01% |
8,500
+5,400
| +174% | +$772K |
|
4125
Monarch Casino & Resort
MCRI
$2.14B
| $1.06M | ﹤0.01% |
11,085
-1,518
| -12% | -$144K |
|
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.