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 | |
|---|---|---|---|---|---|---|
1151
NXP Semiconductors
NXPI
$68B
| $32M | 0.01% |
162,740
-35,198
| -18% | -$7.8M |
|
1152
Kimco Realty
KIM
$17.6B
| $32M | 0.01% |
1,422,334
+1,200,562
| +541% | +$26.5M |
|
1153
Vanguard Russell 1000 ETF
VONE
$8.19B
| $31.9M | 0.01% |
108,146
-8,968
| -8% | -$2.77M |
|
1154
APi Group
APG
$17.1B
| $31.9M | 0.01% |
787,123
+350,699
| +80% | +$14.9M |
|
1155
PIMCO Ultra Short Government Active ETF
BILZ
$993M
| $31.9M | 0.01% |
315,642
+91,002
| +41% | +$9.18M |
|
1156
Simplify Managed Futures Strategy ETF
CTA
$1.65B
| $31.8M | 0.01% |
1,053,741
-18,602
| -2% | -$541K |
|
|
SHYM
1157
iShares Short Duration High Yield Muni Active ETF
SHYM
$789M
| $31.8M | 0.01% |
1,445,659
+510,634
| +55% | +$11.4M |
|
1158
iShares MSCI Brazil ETF
EWZ
$9.05B
| $31.7M | 0.01% |
826,630
+193,974
| +31% | +$7.09M |
|
1159
Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
$331M
| $31.7M | 0.01% |
1,974,296
+1,617,627
| +454% | +$28.4M |
|
1160
Franklin US Low Volatility High Dividend Index ETF
LVHD
$635M
| $31.7M | 0.01% |
744,264
-3,527
| -0.5% | -$150K |
|
1161
Amplify International Enhanced Dividend Income ETF
IDVO
$1.32B
| $31.6M | 0.01% |
781,841
+324,735
| +71% | +$13.4M |
|
1162
Fidelity MSCI Energy Index ETF
FENY
$2.02B
| $31.6M | 0.01% |
928,815
+102,801
| +12% | +$3.06M |
|
|
MDST
1163
Westwood Salient Enhanced Midstream Income ETF
MDST
$289M
| $31.5M | 0.01% |
1,102,301
+79,437
| +8% | +$2.21M |
|
1164
JPMorgan US Value Factor ETF
JVAL
$820M
| $31.5M | 0.01% |
644,056
-9,114
| -1% | -$460K |
|
1165
First Trust Multi Cap Growth AlphaDEX Fund
FAD
$561M
| $31.5M | 0.01% |
197,933
+72,825
| +58% | +$12.1M |
|
1166
iShares Morningstar Mid-Cap Value ETF
IMCV
$1.13B
| $31.4M | 0.01% |
370,810
+32,018
| +9% | +$2.75M |
|
1167
General Mills
GIS
$19.2B
| $31.4M | 0.01% |
844,436
+80,149
| +10% | +$3.48M |
|
1168
Jabil
JBL
$32.8B
| $31.4M | 0.01% |
118,301
+17,812
| +18% | +$4.49M |
|
1169
PayPal
PYPL
$49.5B
| $31.4M | 0.01% |
694,461
-213,130
| -23% | -$10.3M |
|
1170
BNY Mellon US Large Cap Core Equity ETF
BKLC
$1.79B
| $31.4M | 0.01% |
754,383
+52,872
| +8% | +$2.29M |
|
1171
Distillate US Fundamental Stability & Value ETF
DSTL
$1.91B
| $31.3M | 0.01% |
541,628
-35,502
| -6% | -$2.13M |
|
1172
Xtrackers MSCI EAFE High Dividend Yield Equity ETF
HDEF
$2.3B
| $31.3M | 0.01% |
967,104
+181,113
| +23% | +$5.85M |
|
1173
Invesco S&P SmallCap Quality ETF
XSHQ
$248M
| $31.3M | 0.01% |
742,875
-72,648
| -9% | -$3.16M |
|
1174
Globe Life
GL
$13.5B
| $31.1M | 0.01% |
223,815
-2,282
| -1% | -$322K |
|
1175
HSBC
HSBC
$355B
| $31.1M | 0.01% |
377,367
-6,670
| -2% | -$565K |
|
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.