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 | |
|---|---|---|---|---|---|---|
|
OMAH
4326
VistaShares Target 15 Berkshire Select Income ETF
OMAH
$942M
| $845K | ﹤0.01% |
+46,890
| New | +$862K |
|
4327
State Street SPDR S&P China ETF
GXC
$445M
| $843K | ﹤0.01% |
9,054
-370
| -4% | -$36.6K |
|
4328
Winmark
WINA
$1.19B
| $843K | ﹤0.01% |
1,972
-45
| -2% | -$19.8K |
|
4329
Pacer Swan SOS Moderate July ETF
PSMJ
$92.6M
| $843K | ﹤0.01% |
26,470
| – | – |
|
4330
Array Technologies
ARRY
$818M
| $841K | ﹤0.01% |
116,370
-4,541
| -4% | -$42K |
|
4331
Personalis
PSNL
$1.26B
| $841K | ﹤0.01% |
132,012
-331
| -0.3% | -$2.79K |
|
|
KAT
4332
Scharf ETF
KAT
$667M
| $840K | ﹤0.01% |
15,682
+871
| +6% | +$48.6K |
|
4333
Warner Music
WMG
$13.8B
| $834K | ﹤0.01% |
32,670
+5,801
| +22% | +$165K |
|
4334
Scholar Rock
SRRK
$5.71B
| $834K | ﹤0.01% |
16,964
-559
| -3% | -$25K |
|
|
TBLU
4335
Tortoise Global Water ETF
TBLU
$56.6M
| $834K | ﹤0.01% |
16,538
-768
| -4% | -$40.9K |
|
|
FTPA
4336
Franklin Pennsylvania Municipal Income ETF
FTPA
$102M
| $834K | ﹤0.01% |
97,112
+46,027
| +90% | +$399K |
|
4337
NETGEAR
NTGR
$669M
| $833K | ﹤0.01% |
38,143
+23,442
| +159% | +$506K |
|
|
QCJL
4338
FT Vest Nasdaq-100 Conservative Buffer ETF - July
QCJL
$64.9M
| $832K | ﹤0.01% |
35,574
+1,806
| +5% | +$42.8K |
|
4339
Aurinia Pharmaceuticals
AUPH
$1.97B
| $831K | ﹤0.01% |
56,100
-8,426
| -13% | -$123K |
|
4340
Workiva
WK
$2.94B
| $830K | ﹤0.01% |
13,916
-6,559
| -32% | -$457K |
|
4341
Cass Information Systems
CASS
$698M
| $828K | ﹤0.01% |
18,798
-615
| -3% | -$27.1K |
|
4342
Ferrovial N.V. Ordinary Shares
FER
$45.3B
| $828K | ﹤0.01% |
12,844
+2,429
| +23% | +$164K |
|
4343
PUT
Truist Financial
TFC
$63.2B
| $827K | ﹤0.01% |
18,000
-8,500
| -32% | -$420K |
|
4344
LCNB Corp
LCNB
$285M
| $827K | ﹤0.01% |
53,021
+25,117
| +90% | +$421K |
|
4345
Franklin FTSE Asia ex Japan ETF
FLAX
$48.3M
| $825K | ﹤0.01% |
27,009
+1,400
| +5% | +$44.4K |
|
4346
PUT
Cloudflare
NET
$93B
| $825K | ﹤0.01% |
4,000
| – | – |
|
4347
Aptus International Enhanced Yield ETF
IDUB
$488M
| $825K | ﹤0.01% |
33,436
-25,695
| -43% | -$659K |
|
4348
KBR
KBR
$4.68B
| $821K | ﹤0.01% |
22,287
+9,212
| +70% | +$378K |
|
|
NJUN
4349
Innovator Growth-100 Power Buffer ETF - June
NJUN
$168M
| $821K | ﹤0.01% |
26,241
-33
| -0.1% | -$1.04K |
|
4350
Critical Metals Corp
CRML
$853M
| $821K | ﹤0.01% |
103,359
+77,935
| +307% | +$898K |
|
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.