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 | |
|---|---|---|---|---|---|---|
1126
Inspire 500 ETF
PTL
$873M
| $33.1M | 0.01% |
132,129
+19,079
| +17% | +$4.9M |
|
1127
VictoryShares Small Cap Free Cash Flow ETF
SFLO
$640M
| $33.1M | 0.01% |
1,101,288
+144,000
| +15% | +$4.32M |
|
1128
PIMCO Corporate & Income Opportunity Fund
PTY
$2.48B
| $33.1M | 0.01% |
2,741,887
+85,349
| +3% | +$1.09M |
|
1129
Aon
AON
$77.3B
| $33M | 0.01% |
102,111
+26,621
| +35% | +$8.85M |
|
1130
Citizens Financial Group
CFG
$30.4B
| $32.8M | 0.01% |
546,926
+8,661
| +2% | +$532K |
|
1131
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
EXG
$2.91B
| $32.8M | 0.01% |
3,787,391
+21,653
| +0.6% | +$203K |
|
1132
TechnipFMC
FTI
$30.6B
| $32.8M | 0.01% |
474,242
-50,568
| -10% | -$3.04M |
|
1133
Invesco Russell 2000 Dynamic Multifactor ETF
OMFS
$281M
| $32.8M | 0.01% |
723,914
-63,796
| -8% | -$2.98M |
|
1134
VanEck Morningstar SMID Moat ETF
SMOT
$329M
| $32.8M | 0.01% |
930,882
-165,904
| -15% | -$6.07M |
|
1135
American Century Diversified Municipal Bond ETF
TAXF
$667M
| $32.7M | 0.01% |
653,570
+4,388
| +0.7% | +$222K |
|
1136
Regions Financial
RF
$26.3B
| $32.6M | 0.01% |
1,247,350
+25,085
| +2% | +$700K |
|
1137
DNP Select Income Fund
DNP
$4.18B
| $32.5M | 0.01% |
3,158,223
+97,224
| +3% | +$992K |
|
1138
iShares MSCI China ETF
MCHI
$6.04B
| $32.5M | 0.01% |
578,997
-839,249
| -59% | -$50.4M |
|
1139
Wheaton Precious Metals
WPM
$50.6B
| $32.5M | 0.01% |
247,769
+18,143
| +8% | +$2.52M |
|
1140
VanEck BDC Income ETF
BIZD
$1.58B
| $32.4M | 0.01% |
2,533,586
-30,105
| -1% | -$405K |
|
1141
Dimensional Global Real Estate ETF
DFGR
$3.87B
| $32.4M | 0.01% |
1,218,381
+51,455
| +4% | +$1.41M |
|
1142
State Street SPDR S&P Homebuilders ETF
XHB
$1.74B
| $32.3M | 0.01% |
327,513
+66,517
| +25% | +$7.29M |
|
1143
Global X Cybersecurity ETF
BUG
$1.2B
| $32.3M | 0.01% |
1,286,549
+291,002
| +29% | +$7.99M |
|
1144
Amplify Junior Silver Miners ETF
SILJ
$3.27B
| $32.3M | 0.01% |
1,085,205
-29,062
| -3% | -$964K |
|
1145
Reaves Utility Income Fund
UTG
$3.69B
| $32.2M | 0.01% |
819,415
+39,970
| +5% | +$1.56M |
|
1146
American Healthcare REIT
AHR
$11.1B
| $32.2M | 0.01% |
681,980
-41,778
| -6% | -$2.07M |
|
1147
First Trust Energy AlphaDEX Fund
FXN
$398M
| $32.1M | 0.01% |
1,429,176
+183,186
| +15% | +$3.55M |
|
1148
Take-Two Interactive
TTWO
$43B
| $32.1M | 0.01% |
162,332
+6,689
| +4% | +$1.45M |
|
1149
First Trust Low Duration Strategic Focus ETF
LDSF
$160M
| $32M | 0.01% |
1,693,918
+289,822
| +21% | +$5.54M |
|
1150
Edison International
EIX
$30.7B
| $32M | 0.01% |
437,802
-18,186
| -4% | -$1.23M |
|
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.