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 | |
|---|---|---|---|---|---|---|
4651
i3 Verticals
IIIV
$395M
| $566K | ﹤0.01% |
25,327
+5,591
| +28% | +$130K |
|
4652
Tandem Diabetes Care
TNDM
$1.17B
| $565K | ﹤0.01% |
29,483
-10,107
| -26% | -$220K |
|
|
BTX
4653
BlackRock Technology and Private Equity Term Trust
BTX
$957M
| $565K | ﹤0.01% |
85,585
-8,035
| -9% | -$53.2K |
|
4654
CALL
Paychex
PAYX
$40.4B
| $562K | ﹤0.01% |
6,100
| – | – |
|
4655
CALL
Rigetti Computing
RGTI
$4.7B
| $562K | ﹤0.01% |
+40,000
| New | +$750K |
|
4656
Goldman Sachs MarketBeta Emerging Markets Equity ETF
GSEE
$137M
| $561K | ﹤0.01% |
9,599
+611
| +7% | +$37.1K |
|
4657
FT Vest US Equity Enhance & Moderate Buffer ETF August
XAUG
$24.5M
| $561K | ﹤0.01% |
15,121
-283
| -2% | -$10.6K |
|
|
QMMY
4658
FT Vest Nasdaq-100 Moderate Buffer ETF - May
QMMY
$141M
| $561K | ﹤0.01% |
22,596
+1,869
| +9% | +$46.9K |
|
4659
CONMED
CNMD
$1.29B
| $561K | ﹤0.01% |
15,866
-2,608
| -14% | -$106K |
|
4660
PUT
Jackson Financial
JXN
$8.32B
| $560K | ﹤0.01% |
5,300
-500
| -9% | -$55.9K |
|
4661
Pacer Swan SOS Flex January ETF
PSFD
$58.7M
| $559K | ﹤0.01% |
15,323
-2,210
| -13% | -$82.6K |
|
4662
American Outdoor Brands
AOUT
$162M
| $559K | ﹤0.01% |
59,843
+18,121
| +43% | +$160K |
|
4663
Rocket Pharmaceuticals
RCKT
$348M
| $559K | ﹤0.01% |
156,086
+61,830
| +66% | +$246K |
|
4664
Avantis International Small Cap Equity ETF
AVDS
$317M
| $559K | ﹤0.01% |
7,775
+3,323
| +75% | +$247K |
|
4665
State Street Loomis Sayles Opportunistic Bond ETF
OBND
$57.1M
| $559K | ﹤0.01% |
+21,808
| New | +$567K |
|
4666
BW LPG
BWLP
$3.31B
| $556K | ﹤0.01% |
32,037
-3,533
| -10% | -$55.8K |
|
4667
Principal Focused Blue Chip ETF
BCHP
$221M
| $556K | ﹤0.01% |
+16,995
| New | +$600K |
|
4668
NB Bancorp
NBBK
$983M
| $555K | ﹤0.01% |
26,360
+2,032
| +8% | +$42.7K |
|
4669
JetBlue
JBLU
$1.96B
| $555K | ﹤0.01% |
125,622
+30,886
| +33% | +$157K |
|
4670
Braze
BRZE
$2.45B
| $554K | ﹤0.01% |
23,476
-1,223
| -5% | -$26.5K |
|
4671
Crown Crafts
CRWS
$32.2M
| $554K | ﹤0.01% |
215,096
+42,982
| +25% | +$124K |
|
4672
Pagaya Technologies
PGY
$1.32B
| $553K | ﹤0.01% |
47,490
+20,825
| +78% | +$329K |
|
|
OPLN
4673
Openlane
OPLN
$4.17B
| $553K | ﹤0.01% |
18,972
+736
| +4% | +$21.2K |
|
4674
Emergent Biosolutions
EBS
$375M
| $552K | ﹤0.01% |
66,513
-13,587
| -17% | -$141K |
|
4675
Worthington Enterprises
WOR
$2.76B
| $552K | ﹤0.01% |
10,585
+316
| +3% | +$16.9K |
|
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.