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 | |
|---|---|---|---|---|---|---|
4751
Teladoc Health
TDOC
$1.58B
| $499K | ﹤0.01% |
91,589
+6,243
| +7% | +$35K |
|
4752
Sweetgreen
SG
$713M
| $498K | ﹤0.01% |
96,020
+8,786
| +10% | +$53.4K |
|
4753
Associated Banc-Corp
ASB
$5.81B
| $498K | ﹤0.01% |
19,262
+183
| +1% | +$4.86K |
|
4754
PUT
Crocs
CROX
$6.69B
| $498K | ﹤0.01% |
6,000
+1,000
| +20% | +$85.7K |
|
4755
Southside Bancshares
SBSI
$1.02B
| $498K | ﹤0.01% |
16,019
-1,228
| -7% | -$38.9K |
|
4756
POSCO
PKX
$15.8B
| $498K | ﹤0.01% |
8,512
+1,817
| +27% | +$110K |
|
|
CTO
4757
CTO Realty Growth
CTO
$743M
| $497K | ﹤0.01% |
26,901
+1,500
| +6% | +$28K |
|
|
MAYU
4758
AllianzIM U.S. Equity Buffer15 Uncapped May ETF
MAYU
$45.6M
| $497K | ﹤0.01% |
16,646
-985
| -6% | -$30.9K |
|
4759
Franklin FTSE South Korea ETF
FLKR
$1.18B
| $497K | ﹤0.01% |
12,465
-110
| -0.9% | -$4.48K |
|
4760
CALL
Caterpillar
CAT
$409B
| $496K | ﹤0.01% |
700
-200
| -22% | -$139K |
|
4761
iShares MSCI Malaysia ETF
EWM
$305M
| $495K | ﹤0.01% |
17,408
+4,339
| +33% | +$125K |
|
4762
Arcus Biosciences
RCUS
$3.57B
| $494K | ﹤0.01% |
22,860
-1,351
| -6% | -$29.2K |
|
|
PLGO
4763
Pelagos Insurance Capital
PLGO
$2.19B
| $493K | ﹤0.01% |
25,795
+1,300
| +5% | +$24.9K |
|
4764
PUT
Invesco DB Oil Fund
DBO
$425M
| $492K | ﹤0.01% |
+25,000
| New | +$387K |
|
4765
PUT
Bristol-Myers Squibb
BMY
$127B
| $491K | ﹤0.01% |
8,100
-6,100
| -43% | -$356K |
|
4766
El Paso Energy Capital Trust I
EP.PRC
$225M
| $491K | ﹤0.01% |
9,680
-1,610
| -14% | -$81K |
|
4767
Atour Lifestyle Holdings
ATAT
$4.35B
| $491K | ﹤0.01% |
+13,336
| New | +$503K |
|
|
BLDX
4768
Impax Global Sustainable Infrastructure ETF
BLDX
$120M
| $490K | ﹤0.01% |
+19,107
| New | +$500K |
|
4769
PUT
American Water Works
AWK
$26.3B
| $490K | ﹤0.01% |
+3,600
| New | +$476K |
|
4770
PUT
Vanguard S&P 500 Value ETF
VOOV
$6.58B
| $489K | ﹤0.01% |
2,400
| – | – |
|
|
SKE
4771
Skeena Resources
SKE
$3.36B
| $489K | ﹤0.01% |
16,453
-6,600
| -29% | -$203K |
|
|
UMH
4772
UMH Properties
UMH
$1.32B
| $488K | ﹤0.01% |
33,812
+7,073
| +26% | +$109K |
|
4773
National Beverage
FIZZ
$2.87B
| $487K | ﹤0.01% |
14,483
-264
| -2% | -$9.15K |
|
4774
KNOT Offshore Partners
KNOP
$355M
| $487K | ﹤0.01% |
+48,294
| New | +$502K |
|
|
HIMX
4775
Himax Technologies
HIMX
$2.2B
| $486K | ﹤0.01% |
61,791
+2,585
| +4% | +$21.2K |
|
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.