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 | |
|---|---|---|---|---|---|---|
|
LADR
4376
Ladder Capital
LADR
$1.25B
| $792K | ﹤0.01% |
81,095
-77,805
| -49% | -$818K |
|
|
JAJL
4377
Innovator Equity Defined Protection ETF - 6mo Jan/Jul
JAJL
$258M
| $792K | ﹤0.01% |
27,253
+4,578
| +20% | +$134K |
|
4378
CALL
Agilon Health
AGL
$1.64B
| $791K | ﹤0.01% |
+100,000
| New | +$1.62M |
|
4379
Consolidated Water Co
CWCO
$469M
| $789K | ﹤0.01% |
23,837
-7,334
| -24% | -$263K |
|
4380
Schneider National
SNDR
$6.59B
| $784K | ﹤0.01% |
29,749
-853
| -3% | -$23.6K |
|
4381
Grid Dynamics Holdings
GDYN
$476M
| $782K | ﹤0.01% |
137,188
+13,924
| +11% | +$102K |
|
4382
CALL
Nike
NKE
$61.9B
| $782K | ﹤0.01% |
14,800
+7,500
| +103% | +$455K |
|
|
BMNR
4383
PUT
BitMine Immersion Technologies
BMNR
$9.52B
| $781K | ﹤0.01% |
39,500
-41,000
| -51% | -$966K |
|
|
ERC
4384
Allspring Multi-Sector Income Fund
ERC
$255M
| $780K | ﹤0.01% |
86,576
-39,064
| -31% | -$362K |
|
|
SLSR
4385
Solaris Resources
SLSR
$1.28B
| $780K | ﹤0.01% |
90,862
-4,721
| -5% | -$43.5K |
|
4386
First Trust Active Global Quality Income ETF
AGQI
$54.5M
| $779K | ﹤0.01% |
45,745
-1,350
| -3% | -$23.5K |
|
|
NBH
4387
Neuberger Municipal Fund Inc
NBH
$304M
| $779K | ﹤0.01% |
76,739
+2,613
| +4% | +$27K |
|
|
AL
4388
DELISTED
Air Lease Corp
AL
| $776K | ﹤0.01% |
11,950
-3,855
| -24% | -$249K |
|
4389
CBIZ
CBZ
$2.29B
| $775K | ﹤0.01% |
28,860
-8,862
| -23% | -$313K |
|
4390
FlexShares Global Quality Real Estate Index Fund
GQRE
$432M
| $774K | ﹤0.01% |
12,953
-271
| -2% | -$16.7K |
|
4391
Aptus Large Cap Enhanced Yield ETF
DUBS
$388M
| $774K | ﹤0.01% |
21,453
-19,042
| -47% | -$715K |
|
4392
Lifecore Biomedical
LFCR
$162M
| $773K | ﹤0.01% |
207,790
+95,000
| +84% | +$656K |
|
|
NB
4393
NioCorp Developments
NB
$603M
| $772K | ﹤0.01% |
173,177
-7,965
| -4% | -$45.7K |
|
4394
Foster
FSTR
$443M
| $767K | ﹤0.01% |
27,504
+8,698
| +46% | +$257K |
|
|
TPH
4395
DELISTED
Tri Pointe Homes
TPH
| $767K | ﹤0.01% |
16,418
-9,026
| -35% | -$367K |
|
4396
Cimpress
CMPR
$2.37B
| $766K | ﹤0.01% |
10,487
+158
| +2% | +$11.7K |
|
|
FMUB
4397
Fidelity Municipal Bond Opportunities ETF
FMUB
$233M
| $765K | ﹤0.01% |
+15,125
| New | +$774K |
|
4398
Vital Farms
VITL
$558M
| $765K | ﹤0.01% |
54,178
+13,074
| +32% | +$309K |
|
|
MEGI
4399
MainStay CBRE Global Infrastructure Megatrends Term Fund
MEGI
$786M
| $764K | ﹤0.01% |
52,018
-1,680
| -3% | -$24.5K |
|
|
MESO
4400
Mesoblast
MESO
$1.99B
| $763K | ﹤0.01% |
49,617
+870
| +2% | +$14.5K |
|
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.