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 | |
|---|---|---|---|---|---|---|
4601
RUM Group Inc
RUM
$1.57B
| $600K | ﹤0.01% |
117,600
-4,057
| -3% | -$23.3K |
|
4602
LivaNova
LIVN
$4.3B
| $600K | ﹤0.01% |
+9,434
| New | +$608K |
|
|
EDGI
4603
3EDGE Dynamic International Equity ETF
EDGI
$118M
| $598K | ﹤0.01% |
21,108
-3,720
| -15% | -$110K |
|
4604
Guinness Atkinson Dividend Builder ETF
DIVS
$40M
| $597K | ﹤0.01% |
19,664
+67
| +0.3% | +$2.13K |
|
4605
SGI US Large Cap Core ETF
SGLC
$199M
| $597K | ﹤0.01% |
16,065
-114
| -0.7% | -$4.42K |
|
|
MFM
4606
Aberdeen Municipal Income Fund
MFM
$222M
| $596K | ﹤0.01% |
110,580
-144,157
| -57% | -$787K |
|
4607
Tootsie Roll Industries
TR
$2.82B
| $596K | ﹤0.01% |
13,951
+1,492
| +12% | +$58.4K |
|
4608
Albany International
AIN
$2.14B
| $596K | ﹤0.01% |
11,414
-4,659
| -29% | -$261K |
|
4609
FT Vest US Equity Enhance & Moderate Buffer ETF July
XJUL
$41.7M
| $594K | ﹤0.01% |
15,273
-3,931
| -20% | -$154K |
|
4610
PUT
Roblox
RBLX
$34B
| $594K | ﹤0.01% |
10,500
| – | – |
|
4611
Inspire Medical Systems
INSP
$1.42B
| $594K | ﹤0.01% |
11,509
-2,483
| -18% | -$174K |
|
4612
Compass Diversified
CODI
$755M
| $594K | ﹤0.01% |
75,525
-18,060
| -19% | -$115K |
|
4613
Quanex
NX
$854M
| $593K | ﹤0.01% |
+33,020
| New | +$623K |
|
|
ARDC
4614
Are Dynamic Credit Allocation Fund
ARDC
$297M
| $593K | ﹤0.01% |
48,789
+8,050
| +20% | +$104K |
|
4615
AtriCure
ATRC
$1.77B
| $593K | ﹤0.01% |
20,785
-122
| -0.6% | -$4.16K |
|
4616
Euroseas
ESEA
$543M
| $592K | ﹤0.01% |
8,859
-1,523
| -15% | -$91.4K |
|
|
GUG
4617
Guggenheim Active Allocation Fund
GUG
$508M
| $592K | ﹤0.01% |
38,907
+12,344
| +46% | +$193K |
|
4618
Invesco DB US Dollar Index Bearish Fund
UDN
$107M
| $592K | ﹤0.01% |
32,885
+22,580
| +219% | +$412K |
|
4619
BancFirst
BANF
$3.92B
| $591K | ﹤0.01% |
5,447
-393
| -7% | -$43.7K |
|
4620
Innovator US Equity Accelerated 9 Buffer ETF July
XBJL
$73.6M
| $590K | ﹤0.01% |
15,516
-1,851
| -11% | -$71K |
|
|
KREF
4621
KKR Real Estate Finance Trust
KREF
$472M
| $590K | ﹤0.01% |
96,379
-6,881
| -7% | -$50.3K |
|
|
MSB
4622
Mesabi Trust
MSB
$295M
| $588K | ﹤0.01% |
18,662
-5,243
| -22% | -$179K |
|
4623
Innovator Buffer Step-Up Strategy ETF
BSTP
$59.6M
| $585K | ﹤0.01% |
16,260
-16,812
| -51% | -$623K |
|
4624
ClearPoint Neuro
CLPT
$423M
| $584K | ﹤0.01% |
64,191
+6,984
| +12% | +$88.2K |
|
|
CUK
4625
DELISTED
Carnival PLC
CUK
| $584K | ﹤0.01% |
22,662
-390
| -2% | -$11.3K |
|
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.