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 | |
|---|---|---|---|---|---|---|
4551
M/I Homes
MHO
$3.83B
| $640K | ﹤0.01% |
5,224
+735
| +16% | +$99K |
|
4552
Limbach Holdings
LMB
$867M
| $639K | ﹤0.01% |
8,184
+2,140
| +35% | +$180K |
|
|
MCHPP
4553
Microchip Technology Inc 7.50% Series A Preferred Stock
MCHPP
| $639K | ﹤0.01% |
11,209
+2,225
| +25% | +$142K |
|
4554
Telephone and Data Systems
TDS
$3.91B
| $636K | ﹤0.01% |
15,114
-94
| -0.6% | -$4.13K |
|
4555
United States Lime & Minerals
USLM
$3.18B
| $635K | ﹤0.01% |
4,862
+24
| +0.5% | +$2.88K |
|
4556
FlexShares Disciplined Duration MBS Index Fund
MBSD
$88.7M
| $635K | ﹤0.01% |
30,657
+160
| +0.5% | +$3.33K |
|
4557
Grab
GRAB
$13.5B
| $635K | ﹤0.01% |
173,365
-281,998
| -62% | -$1.2M |
|
|
UROY
4558
Uranium Royalty Corp
UROY
$434M
| $633K | ﹤0.01% |
173,456
+12,934
| +8% | +$52.8K |
|
4559
Avient
AVNT
$3.45B
| $632K | ﹤0.01% |
17,417
+1,294
| +8% | +$48K |
|
|
CSR
4560
Centerspace
CSR
$936M
| $631K | ﹤0.01% |
10,985
+1,603
| +17% | +$101K |
|
4561
Schrodinger
SDGR
$1.12B
| $629K | ﹤0.01% |
55,405
+4,696
| +9% | +$64.9K |
|
4562
Nicolet Bankshares
NIC
$3.57B
| $629K | ﹤0.01% |
4,233
+1,397
| +49% | +$203K |
|
4563
Maximus
MMS
$3.14B
| $629K | ﹤0.01% |
9,815
-773
| -7% | -$62.8K |
|
4564
Andersons Inc
ANDE
$2.65B
| $628K | ﹤0.01% |
8,753
-9
| -0.1% | -$578 |
|
|
NAVN
4565
Navan Inc
NAVN
$5.9B
| $624K | ﹤0.01% |
47,100
-400
| -0.8% | -$4.75K |
|
|
GRDN
4566
Guardian Pharmacy Services
GRDN
$2.56B
| $623K | ﹤0.01% |
16,548
+50
| +0.3% | +$1.63K |
|
4567
Strive 1000 Growth ETF
STXG
$145M
| $623K | ﹤0.01% |
13,285
+367
| +3% | +$18.2K |
|
|
ALH
4568
Alliance Laundry Holdings
ALH
$5.09B
| $621K | ﹤0.01% |
29,931
+6,357
| +27% | +$138K |
|
4569
Indivior Pharmaceuticals
INDV
$4.79B
| $620K | ﹤0.01% |
20,345
-24,350
| -54% | -$804K |
|
4570
LiveRamp
RAMP
$2.29B
| $618K | ﹤0.01% |
23,314
+872
| +4% | +$22.8K |
|
|
IHD
4571
Voya Emerging Markets High Income Dividend Equity Fund
IHD
$130M
| $617K | ﹤0.01% |
92,604
+2,938
| +3% | +$19.8K |
|
4572
Nuveen ESG Large-Cap ETF
NULC
$67M
| $617K | ﹤0.01% |
13,323
+133
| +1% | +$6.41K |
|
4573
Sunrun
RUN
$2.37B
| $617K | ﹤0.01% |
45,469
+10,282
| +29% | +$171K |
|
4574
Flotek Industries
FTK
$935M
| $615K | ﹤0.01% |
36,235
-6,316
| -15% | -$108K |
|
4575
Vornado Realty Trust
VNO
$7.47B
| $614K | ﹤0.01% |
23,640
-6,330
| -21% | -$187K |
|
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.