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 | |
|---|---|---|---|---|---|---|
1001
Apollo Global Management
APO
$70.7B
| $42.2M | 0.01% |
378,918
+60,200
| +19% | +$7.46M |
|
1002
iShares Future Exponential Technologies ETF
XT
$3.77B
| $42.2M | 0.01% |
619,351
-5,320
| -0.9% | -$378K |
|
1003
Nasdaq
NDAQ
$51.5B
| $42.2M | 0.01% |
496,645
-19,640
| -4% | -$1.76M |
|
1004
Airbnb
ABNB
$83.7B
| $42.1M | 0.01% |
333,721
-26,775
| -7% | -$3.48M |
|
1005
Freedom 100 Emerging Markets ETF
FRDM
$3.23B
| $41.9M | 0.01% |
767,211
+344,651
| +82% | +$19.7M |
|
1006
Sterling Infrastructure
STRL
$20.3B
| $41.9M | 0.01% |
102,927
+17,219
| +20% | +$6.73M |
|
1007
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
BBHY
$614M
| $41.9M | 0.01% |
914,644
-153,840
| -14% | -$7.13M |
|
1008
Columbia Diversified Fixed Income Allocation ETF
DIAL
$386M
| $41.8M | 0.01% |
2,311,406
+127,941
| +6% | +$2.35M |
|
1009
Diamondback Energy
FANG
$57.6B
| $41.8M | 0.01% |
211,174
+14,647
| +7% | +$2.49M |
|
1010
Invesco S&P Ultra Dividend Revenue ETF
RDIV
$1.36B
| $41.8M | 0.01% |
750,121
+66,342
| +10% | +$3.66M |
|
1011
Fortinet
FTNT
$112B
| $41.7M | 0.01% |
510,759
+20,062
| +4% | +$1.62M |
|
1012
Alger Concentrated Equity ETF
CNEQ
$860M
| $41.7M | 0.01% |
1,339,223
+263,452
| +24% | +$8.79M |
|
1013
Chipotle Mexican Grill
CMG
$40.8B
| $41.5M | 0.01% |
1,297,315
-259,121
| -17% | -$9.58M |
|
1014
Avantis Core Fixed Income ETF
AVIG
$1.92B
| $41.4M | 0.01% |
996,640
+18,467
| +2% | +$775K |
|
1015
Yum! Brands
YUM
$41B
| $41.4M | 0.01% |
265,997
+24,217
| +10% | +$3.84M |
|
1016
Avantis Short-Term Fixed Income ETF
AVSF
$662M
| $41.3M | 0.01% |
883,281
+744,007
| +534% | +$35M |
|
1017
Hartford Total Return Bond ETF
HTRB
$2.22B
| $41.3M | 0.01% |
1,223,945
-635,919
| -34% | -$21.7M |
|
1018
PG&E
PCG
$47.8B
| $41.2M | 0.01% |
2,346,574
-905,163
| -28% | -$15.4M |
|
1019
Virtus InfraCap US Preferred Stock ETF
PFFA
$2.41B
| $41.2M | 0.01% |
2,024,953
-1,553,692
| -43% | -$33.4M |
|
1020
Delta Air Lines
DAL
$55.9B
| $41.2M | 0.01% |
619,988
+17,182
| +3% | +$1.16M |
|
1021
VanEck Oil Services ETF
OIH
$2.06B
| $41.1M | 0.01% |
101,761
+24,026
| +31% | +$8.79M |
|
1022
Hartford Municipal Opportunities ETF
HMOP
$777M
| $41M | 0.01% |
1,058,799
+91,401
| +9% | +$3.6M |
|
1023
First Trust Emerging Markets Local Currency Bond ETF
FEMB
$354M
| $40.8M | 0.01% |
1,420,652
+238,729
| +20% | +$7.16M |
|
1024
iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SUSB
$1.29B
| $40.8M | 0.01% |
1,627,739
+79,280
| +5% | +$2M |
|
1025
American Century Diversified Corporate Bond ETF
KORP
$860M
| $40.7M | 0.01% |
872,760
+228,945
| +36% | +$10.8M |
|
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.