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 | |
|---|---|---|---|---|---|---|
5076
Gold Royalty Corp
GROY
$593M
| $353K | ﹤0.01% |
98,578
-10,277
| -9% | -$43.9K |
|
5077
PGIM Jennison Focused Growth ETF
PJFG
$134M
| $353K | ﹤0.01% |
3,624
-1,175
| -24% | -$123K |
|
5078
Nordic American Tanker
NAT
$1.37B
| $353K | ﹤0.01% |
60,154
-20,133
| -25% | -$95.2K |
|
5079
Global X E-commerce ETF
EBIZ
$26.9M
| $352K | ﹤0.01% |
13,154
-641
| -5% | -$19.2K |
|
5080
O-I Glass
OI
$1.39B
| $352K | ﹤0.01% |
33,454
+832
| +3% | +$11.5K |
|
5081
UWM Holdings
UWMC
$621M
| $350K | ﹤0.01% |
96,766
-20,107
| -17% | -$92.5K |
|
5082
Talos Energy
TALO
$2.49B
| $350K | ﹤0.01% |
+22,225
| New | +$285K |
|
5083
Star Group
SGU
$428M
| $349K | ﹤0.01% |
28,451
+11,282
| +66% | +$143K |
|
|
SAIL
5084
SailPoint Inc
SAIL
$8.48B
| $349K | ﹤0.01% |
26,333
-13,287
| -34% | -$207K |
|
5085
Congress SMid Growth ETF
CSMD
$455M
| $347K | ﹤0.01% |
+11,310
| New | +$374K |
|
5086
Nuveen Mortgage and Income Fund
JLS
$94.5M
| $347K | ﹤0.01% |
19,136
+7,572
| +65% | +$139K |
|
5087
The Bancorp
TBBK
$2.79B
| $346K | ﹤0.01% |
6,431
-1,154
| -15% | -$69.1K |
|
|
QCAP
5088
FT Vest Nasdaq-100 Conservative Buffer ETF - April
QCAP
$124M
| $346K | ﹤0.01% |
14,400
+2,771
| +24% | +$66.1K |
|
5089
Aquestive Therapeutics
AQST
$462M
| $345K | ﹤0.01% |
83,213
-19,175
| -19% | -$77.8K |
|
5090
Steven Madden
SHOO
$3.12B
| $345K | ﹤0.01% |
10,178
-3,045
| -23% | -$118K |
|
5091
PUT
British American Tobacco
BTI
$132B
| $345K | ﹤0.01% |
5,900
-10,900
| -65% | -$645K |
|
|
PBFR
5092
PGIM Laddered S&P 500 Buffer 20 ETF
PBFR
$195M
| $345K | ﹤0.01% |
+11,884
| New | +$348K |
|
5093
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$13B
| $344K | ﹤0.01% |
4,300
| – | – |
|
|
HYBX
5094
TCW High Yield Bond ETF
HYBX
$31.4M
| $344K | ﹤0.01% |
11,603
+1,095
| +10% | +$32.8K |
|
|
ALMU
5095
Aeluma Inc
ALMU
$260M
| $344K | ﹤0.01% |
26,294
+830
| +3% | +$13.8K |
|
5096
Rush Street Interactive
RSI
$3.24B
| $344K | ﹤0.01% |
15,818
-1,153
| -7% | -$22.1K |
|
|
AIOT
5097
PowerFleet Inc
AIOT
$500M
| $342K | ﹤0.01% |
111,158
+24,542
| +28% | +$103K |
|
5098
Mitek Systems
MITK
$762M
| $342K | ﹤0.01% |
25,320
+3,345
| +15% | +$41.4K |
|
5099
McCormick & Company Voting
MKC.V
$13.6B
| $341K | ﹤0.01% |
6,777
| – | – |
|
|
SPBU
5100
AllianzIM Buffer15 Uncapped Allocation ETF
SPBU
$172M
| $341K | ﹤0.01% |
12,561
| – | – |
|
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.