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 | |
|---|---|---|---|---|---|---|
|
WSBK
5501
Winchester Bancorp
WSBK
$116M
| $197K | ﹤0.01% |
15,500
| – | – |
|
5502
Asure Software
ASUR
$220M
| $196K | ﹤0.01% |
22,804
-4,662
| -17% | -$41.2K |
|
|
BLDP
5503
Ballard Power Systems
BLDP
$874M
| $196K | ﹤0.01% |
81,033
-5,100
| -6% | -$12.2K |
|
5504
CryoPort
CYRX
$775M
| $195K | ﹤0.01% |
23,593
+287
| +1% | +$2.59K |
|
5505
ASP Isotopes
ASPI
$487M
| $195K | ﹤0.01% |
44,169
-3,431
| -7% | -$20.3K |
|
5506
Compañía de Cervecerías Unidas
CCU
$2.12B
| $195K | ﹤0.01% |
17,178
+3,153
| +22% | +$42K |
|
|
QXO
5507
PUT
QXO Inc
QXO
$14.2B
| $194K | ﹤0.01% |
10,000
| – | – |
|
|
XXI
5508
Twenty One Capital Inc
XXI
$1.57B
| $194K | ﹤0.01% |
30,287
-10,476
| -26% | -$76.8K |
|
5509
Acadia Realty Trust
AKR
$2.99B
| $193K | ﹤0.01% |
+10,103
| New | +$206K |
|
5510
Delcath Systems
DCTH
$422M
| $193K | ﹤0.01% |
+20,783
| New | +$201K |
|
5511
Palisade Bio
PALI
$339M
| $193K | ﹤0.01% |
110,154
+95,000
| +627% | +$173K |
|
5512
Anfield US Equity Sector Rotation ETF
AESR
$242M
| $193K | ﹤0.01% |
+11,515
| New | +$200K |
|
5513
Gevo
GEVO
$397M
| $192K | ﹤0.01% |
70,376
+23,003
| +49% | +$47.6K |
|
5514
RXO
RXO
$4.23B
| $192K | ﹤0.01% |
13,139
-383
| -3% | -$5.62K |
|
5515
eGain
EGAN
$176M
| $192K | ﹤0.01% |
24,339
-105,519
| -81% | -$1.02M |
|
5516
Phathom Pharmaceuticals
PHAT
$912M
| $191K | ﹤0.01% |
+17,207
| New | +$217K |
|
5517
US Gold Corp
USAU
$220M
| $190K | ﹤0.01% |
+12,507
| New | +$224K |
|
|
BLNE
5518
Beeline Holdings
BLNE
$30.6M
| $189K | ﹤0.01% |
80,383
+63,250
| +369% | +$175K |
|
5519
NeoGenomics
NEO
$1.81B
| $189K | ﹤0.01% |
25,457
+8,031
| +46% | +$84.5K |
|
5520
PagerDuty
PD
$700M
| $189K | ﹤0.01% |
30,396
-25,086
| -45% | -$217K |
|
5521
Protara Therapeutics
TARA
$226M
| $188K | ﹤0.01% |
36,130
+80
| +0.2% | +$473 |
|
5522
Immunic
IMUX
$182M
| $188K | ﹤0.01% |
16,930
+11,125
| +192% | +$99.6K |
|
5523
Compass Therapeutics
CMPX
$373M
| $188K | ﹤0.01% |
35,470
-9,000
| -20% | -$51.9K |
|
5524
The Oncology Institute
TOI
$498M
| $187K | ﹤0.01% |
61,065
-209,820
| -77% | -$643K |
|
5525
Titan International
TWI
$516M
| $187K | ﹤0.01% |
27,111
-1,672
| -6% | -$15K |
|
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.