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 | |
|---|---|---|---|---|---|---|
|
ELE
4926
Elemental Royalty Corp
ELE
$1.01B
| $416K | ﹤0.01% |
22,056
+3,587
| +19% | +$73.2K |
|
4927
908 Devices
MASS
$293M
| $415K | ﹤0.01% |
67,789
-772
| -1% | -$4.83K |
|
4928
Cedar Fair
FUN
$1.78B
| $415K | ﹤0.01% |
23,371
-4,547
| -16% | -$76.7K |
|
4929
Green Brick Partners
GRBK
$3.13B
| $414K | ﹤0.01% |
6,425
-307
| -5% | -$21.6K |
|
4930
NCR Atleos
NATL
$3.52B
| $414K | ﹤0.01% |
9,500
-22,222
| -70% | -$918K |
|
4931
Bausch Health
BHC
$1.65B
| $414K | ﹤0.01% |
76,631
-67,473
| -47% | -$404K |
|
4932
Franklin FTSE Latin America
FLLA
$109M
| $414K | ﹤0.01% |
+14,629
| New | +$401K |
|
|
CLYM
4933
Climb Bio
CLYM
$735M
| $414K | ﹤0.01% |
60,379
-1,621
| -3% | -$9.35K |
|
|
HYI
4934
Western Asset High Yield Opportunity Fund Inc
HYI
$134M
| $414K | ﹤0.01% |
38,720
+38
| +0.1% | +$420 |
|
4935
Biohaven
BHVN
$2.16B
| $413K | ﹤0.01% |
48,801
+6,626
| +16% | +$72.5K |
|
4936
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
XTWY
$252M
| $413K | ﹤0.01% |
10,974
+2,302
| +27% | +$88K |
|
|
MDV
4937
Modiv Industrial
MDV
$182M
| $412K | ﹤0.01% |
28,790
+613
| +2% | +$9.1K |
|
4938
Aehr Test Systems
AEHR
$2.48B
| $412K | ﹤0.01% |
11,114
-1,126
| -9% | -$36K |
|
|
IBIL
4939
iShares iBonds Oct 2035 Term TIPS ETF
IBIL
$37.1M
| $412K | ﹤0.01% |
16,160
-2,500
| -13% | -$64K |
|
4940
Enerpac Tool Group
EPAC
$1.77B
| $412K | ﹤0.01% |
11,285
+1,639
| +17% | +$65K |
|
4941
BlackRock TCP Capital
TCPC
$265M
| $411K | ﹤0.01% |
113,972
-61,618
| -35% | -$286K |
|
4942
REX American Resources
REX
$1.46B
| $411K | ﹤0.01% |
9,021
-145
| -2% | -$5.25K |
|
4943
Cable One
CABO
$213M
| $410K | ﹤0.01% |
4,499
-295
| -6% | -$28.9K |
|
4944
First Trust Developed Markets ex-US Small Cap AlphaDEX Fund
FDTS
$12.9M
| $410K | ﹤0.01% |
6,337
| – | – |
|
4945
Horizon Bancorp
HBNC
$1.03B
| $410K | ﹤0.01% |
24,716
-3,142
| -11% | -$53.8K |
|
4946
Burke & Herbert Financial Services Corp
BHRB
$1.42B
| $409K | ﹤0.01% |
+6,570
| New | +$425K |
|
|
DECM
4947
FT Vest U.S. Equity Max Buffer ETF - December
DECM
$48.2M
| $409K | ﹤0.01% |
12,528
| – | – |
|
4948
Quest Resource Holding
QRHC
$25.9M
| $409K | ﹤0.01% |
343,280
+30,800
| +10% | +$53.7K |
|
4949
Portillo's
PTLO
$315M
| $408K | ﹤0.01% |
77,099
-21,361
| -22% | -$116K |
|
4950
Televisa
TV
$1.45B
| $407K | ﹤0.01% |
139,972
+10,788
| +8% | +$33.1K |
|
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.