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 | |
|---|---|---|---|---|---|---|
4251
CleanSpark
CLSK
$3.73B
| $935K | ﹤0.01% |
109,919
-4,205
| -4% | -$45K |
|
4252
Invesco Bond Fund
VBF
$168M
| $934K | ﹤0.01% |
62,265
+49,808
| +400% | +$761K |
|
4253
Ichor Holdings
ICHR
$3.02B
| $933K | ﹤0.01% |
20,024
+1,720
| +9% | +$66.9K |
|
4254
Nuveen Municipal Income
NMI
$130M
| $929K | ﹤0.01% |
88,897
+8,356
| +10% | +$83.8K |
|
4255
Par Pacific Holdings
PARR
$3.88B
| $929K | ﹤0.01% |
14,826
-4,124
| -22% | -$185K |
|
4256
La-Z-Boy
LZB
$1.59B
| $925K | ﹤0.01% |
28,793
-2,677
| -9% | -$96.7K |
|
4257
Univest Financial
UVSP
$1.23B
| $922K | ﹤0.01% |
26,906
-4,117
| -13% | -$139K |
|
4258
Kingstone Companies
KINS
$288M
| $919K | ﹤0.01% |
63,087
-4,328
| -6% | -$68.1K |
|
|
MSLC
4259
Morgan Stanley Pathway Large Cap Equity ETF
MSLC
$3.92B
| $918K | ﹤0.01% |
17,727
+134
| +0.8% | +$7.25K |
|
4260
Organon & Co
OGN
$3.55B
| $917K | ﹤0.01% |
153,140
-16,720
| -10% | -$126K |
|
|
OPRA
4261
Opera Ltd
OPRA
$1.65B
| $914K | ﹤0.01% |
64,112
+33,642
| +110% | +$465K |
|
4262
First Bancorp
FBP
$4.4B
| $912K | ﹤0.01% |
42,695
-13,076
| -23% | -$281K |
|
|
ORLA
4263
Orla Mining
ORLA
$3.48B
| $912K | ﹤0.01% |
56,531
-4,018
| -7% | -$66.7K |
|
|
OXLC
4264
Oxford Lane Capital
OXLC
$830M
| $912K | ﹤0.01% |
93,211
-4,981
| -5% | -$54.9K |
|
4265
Innovator US Equity Buffer ETF May
BMAY
$232M
| $909K | ﹤0.01% |
20,262
-389
| -2% | -$17.5K |
|
|
MYCJ
4266
State Street My2030 Corporate Bond ETF
MYCJ
$42.8M
| $909K | ﹤0.01% |
36,642
+11,786
| +47% | +$294K |
|
4267
Goldman Sachs Future Tech Leaders Equity ETF
GTEK
$224M
| $908K | ﹤0.01% |
22,209
+5,268
| +31% | +$221K |
|
4268
PUT
Lockheed Martin
LMT
$134B
| $907K | ﹤0.01% |
1,500
-300
| -17% | -$185K |
|
|
PURR
4269
Hyperliquid Strategies Inc
PURR
$1.22B
| $899K | ﹤0.01% |
+176,698
| New | +$799K |
|
4270
Fidelity Investment Grade Securitized ETF
FSEC
$4.62B
| $899K | ﹤0.01% |
20,503
-1,582
| -7% | -$70.1K |
|
|
TCPB
4271
Thrivent Core Plus Bond ETF
TCPB
$466M
| $897K | ﹤0.01% |
17,688
+1,821
| +11% | +$93.5K |
|
|
STBF
4272
Performance Trust Short Term Bond ETF
STBF
$69.5M
| $897K | ﹤0.01% |
+35,428
| New | +$900K |
|
4273
CALL
Netflix
NFLX
$292B
| $894K | ﹤0.01% |
+9,300
| New | +$819K |
|
4274
State Street SPDR S&P Kensho Final Frontiers ETF
ROKT
$230M
| $893K | ﹤0.01% |
+8,978
| New | +$904K |
|
4275
FlexShares Core Select Bond Fund
BNDC
$167M
| $893K | ﹤0.01% |
40,134
+2,586
| +7% | +$57.9K |
|
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.