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 | |
|---|---|---|---|---|---|---|
1176
GE HealthCare
GEHC
$27.6B
| $31.1M | 0.01% |
436,407
-35,050
| -7% | -$2.76M |
|
1177
Cambria Shareholder Yield ETF
SYLD
$982M
| $31M | 0.01% |
410,658
+7,323
| +2% | +$547K |
|
1178
First Trust Health Care AlphaDEX Fund
FXH
$1.02B
| $30.9M | 0.01% |
281,852
-9,857
| -3% | -$1.12M |
|
1179
Invesco Dow Jones Industrial Average Dividend ETF
DJD
$476M
| $30.9M | 0.01% |
517,314
-127,087
| -20% | -$7.67M |
|
1180
Ametek
AME
$55.5B
| $30.8M | 0.01% |
143,610
+32,154
| +29% | +$7.15M |
|
1181
Natera
NTRA
$37.5B
| $30.7M | 0.01% |
153,696
+9,542
| +7% | +$2.05M |
|
1182
DTE Energy
DTE
$31.1B
| $30.6M | 0.01% |
209,511
-3,080
| -1% | -$433K |
|
1183
Rocket Companies
RKT
$36.9B
| $30.6M | 0.01% |
2,149,332
+349,553
| +19% | +$6.36M |
|
1184
Targa Resources
TRGP
$60.4B
| $30.5M | 0.01% |
121,728
-16,123
| -12% | -$3.5M |
|
1185
ClearBridge Large Cap Growth Select ETF
LRGE
$401M
| $30.5M | 0.01% |
405,270
+14,942
| +4% | +$1.19M |
|
1186
Veeva Systems
VEEV
$30.3B
| $30.4M | 0.01% |
173,247
-1,093
| -0.6% | -$215K |
|
1187
Tapestry
TPR
$28.8B
| $30.4M | 0.01% |
215,331
+89,199
| +71% | +$12.6M |
|
1188
Xtrackers S&P 500 ESG ETF
SNPE
$2.57B
| $30.4M | 0.01% |
510,185
-12,311
| -2% | -$768K |
|
1189
Omega Healthcare
OHI
$15.4B
| $30.3M | 0.01% |
690,920
+40,214
| +6% | +$1.84M |
|
1190
GraniteShares Gold Shares
BAR
$1.37B
| $30.2M | 0.01% |
655,122
+134,948
| +26% | +$6.48M |
|
1191
Vulcan Materials
VMC
$36.3B
| $30.1M | 0.01% |
110,628
+9,612
| +10% | +$2.83M |
|
|
EXUS
1192
Nomura Focused International Core ETF
EXUS
$97.3M
| $30.1M | 0.01% |
1,242,978
+290,096
| +30% | +$7.61M |
|
|
ILOW
1193
AB International Low Volatility Equity ETF
ILOW
$1.8B
| $30M | 0.01% |
704,398
+113,626
| +19% | +$4.96M |
|
1194
iShares US Basic Materials ETF
IYM
$1.16B
| $30M | 0.01% |
170,329
+68,722
| +68% | +$12M |
|
1195
Vanguard US Momentum Factor ETF
VFMO
$1.8B
| $29.9M | 0.01% |
151,875
+11,747
| +8% | +$2.38M |
|
1196
Crown Castle
CCI
$32.7B
| $29.9M | 0.01% |
367,419
-66,619
| -15% | -$5.73M |
|
1197
Franklin Focused Dynamic Growth ETF
FFOG
$293M
| $29.8M | 0.01% |
726,579
+179,498
| +33% | +$7.92M |
|
|
TOPT
1198
iShares Top 20 U.S. Stocks ETF
TOPT
$662M
| $29.8M | 0.01% |
1,042,871
+354,133
| +51% | +$10.7M |
|
1199
Mueller Industries
MLI
$14.1B
| $29.8M | 0.01% |
538,564
-17,092
| -3% | -$1.02M |
|
1200
nVent Electric
NVT
$24.5B
| $29.8M | 0.01% |
252,190
+34,761
| +16% | +$3.95M |
|
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.