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 | |
|---|---|---|---|---|---|---|
676
Vanguard Core Bond ETF
VCRB
$7.19B
| $82.3M | 0.02% |
1,064,084
+137,912
| +15% | +$10.8M |
|
677
Nike
NKE
$61.9B
| $82.2M | 0.02% |
1,555,328
+99,103
| +7% | +$6.01M |
|
678
Booking.com
BKNG
$138B
| $81.8M | 0.02% |
485,825
+61,325
| +14% | +$11.3M |
|
679
Vanguard FTSE Europe ETF
VGK
$30B
| $81.8M | 0.02% |
992,063
+107,478
| +12% | +$9.24M |
|
680
First Trust Institutional Preferred Securities and Income ETF
FPEI
$1.91B
| $81.4M | 0.02% |
4,283,781
-71,690
| -2% | -$1.39M |
|
681
Invesco Short Term Treasury ETF
TBLL
$2.58B
| $81.4M | 0.02% |
771,084
+60,700
| +9% | +$6.41M |
|
682
Victory Portfolios II VictoryShares Short-Term Bond ETF
USTB
$2.28B
| $81.3M | 0.02% |
1,607,923
+273,004
| +20% | +$13.9M |
|
683
Dominion Energy
D
$62.5B
| $81.1M | 0.02% |
1,311,948
+96,923
| +8% | +$5.99M |
|
684
Motorola Solutions
MSI
$69.4B
| $81M | 0.02% |
186,645
+10,772
| +6% | +$4.66M |
|
|
NBSD
685
Neuberger Short Duration Income ETF
NBSD
$1.18B
| $81M | 0.02% |
1,597,264
+304,975
| +24% | +$15.6M |
|
686
Toews Agility Shares Managed Risk ETF
MRSK
$312M
| $80.8M | 0.02% |
2,286,322
+78,977
| +4% | +$2.9M |
|
687
State Street SPDR S&P Semiconductor ETF
XSD
$2.78B
| $80.6M | 0.02% |
247,248
+3,593
| +1% | +$1.24M |
|
|
HIMU
688
iShares High Yield Muni Active ETF
HIMU
$2.37B
| $80.6M | 0.02% |
1,679,908
-1,834,874
| -52% | -$89.5M |
|
689
Capital Group International Equity ETF
CGIE
$2.3B
| $80.6M | 0.02% |
2,382,421
+300,613
| +14% | +$10.7M |
|
690
Sherwin-Williams
SHW
$78.3B
| $80.5M | 0.02% |
251,099
-2,833
| -1% | -$975K |
|
691
iShares MSCI Global Gold Miners ETF
RING
$2.31B
| $80.3M | 0.02% |
1,017,272
-26,222
| -3% | -$2.22M |
|
692
Invesco S&P MidCap 400 Revenue ETF
RWK
$1.3B
| $80.2M | 0.02% |
625,490
+21,945
| +4% | +$2.9M |
|
693
O'Reilly Automotive
ORLY
$72.4B
| $79.9M | 0.02% |
865,524
+58,208
| +7% | +$5.46M |
|
694
Entergy
ETR
$54.1B
| $79.5M | 0.02% |
707,812
+23,459
| +3% | +$2.36M |
|
695
MetLife
MET
$61B
| $79.5M | 0.02% |
1,124,370
+56,557
| +5% | +$4.23M |
|
696
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.03B
| $79.4M | 0.02% |
902,606
+304,152
| +51% | +$27.4M |
|
697
Vanguard Consumer Discretionary ETF
VCR
$5.84B
| $79M | 0.02% |
219,950
-28,608
| -12% | -$11M |
|
698
Fastenal
FAST
$54B
| $78.8M | 0.02% |
1,699,300
+125,140
| +8% | +$5.62M |
|
699
JPMorgan Core Plus Bond ETF
JCPB
$13.8B
| $78.8M | 0.02% |
1,673,654
+1,367,293
| +446% | +$64.9M |
|
700
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.15B
| $78.7M | 0.02% |
2,370,228
-125,604
| -5% | -$4.64M |
|
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.