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 | |
|---|---|---|---|---|---|---|
1276
Deckers Outdoor
DECK
$13.3B
| $27M | 0.01% |
269,771
+37,248
| +16% | +$3.99M |
|
1277
Fidelity Low Volatility Factor ETF
FDLO
$1.4B
| $27M | 0.01% |
417,685
+13,586
| +3% | +$912K |
|
1278
Global X SuperDividend ETF
SDIV
$1.21B
| $27M | 0.01% |
1,067,030
+47,404
| +5% | +$1.21M |
|
|
IWMI
1279
NEOS Russell 2000 High Income ETF
IWMI
$1.06B
| $26.7M | 0.01% |
563,915
+175,978
| +45% | +$8.72M |
|
1280
Fidelity MSCI Consumer Staples Index ETF
FSTA
$1.4B
| $26.7M | 0.01% |
510,287
-14,151
| -3% | -$755K |
|
1281
Moody's
MCO
$81.7B
| $26.7M | 0.01% |
61,152
-66,384
| -52% | -$31.4M |
|
1282
Invesco AI and Next Gen Software ETF
IGPT
$1.21B
| $26.6M | 0.01% |
458,753
+9,677
| +2% | +$604K |
|
1283
Expeditors International
EXPD
$22.9B
| $26.5M | 0.01% |
185,236
+3,728
| +2% | +$567K |
|
1284
State Street Multi-Asset Real Return ETF
RLY
$1.26B
| $26.5M | 0.01% |
733,726
+290,388
| +66% | +$10.1M |
|
1285
Hercules Capital
HTGC
$2.94B
| $26.5M | 0.01% |
1,795,677
-27,728
| -2% | -$453K |
|
1286
Natixis Gateway Quality Income ETF
GQI
$261M
| $26.5M | 0.01% |
483,057
+80,240
| +20% | +$4.57M |
|
|
OKLO
1287
Oklo
OKLO
$7B
| $26.5M | 0.01% |
533,951
+32,336
| +6% | +$2.32M |
|
|
INCE
1288
Franklin Income Equity Focus ETF
INCE
$132M
| $26.5M | 0.01% |
409,282
+47,722
| +13% | +$3.1M |
|
1289
Pultegroup
PHM
$24.5B
| $26.5M | 0.01% |
224,907
-147,761
| -40% | -$18.9M |
|
1290
iShares ESG Advanced Universal USD Bond ETF
EUSB
$710M
| $26.2M | 0.01% |
603,213
+18,291
| +3% | +$803K |
|
1291
Sony
SONY
$123B
| $26.2M | 0.01% |
1,265,747
+325,402
| +35% | +$7.29M |
|
1292
MasTec
MTZ
$26.7B
| $26M | 0.01% |
80,847
-2,225
| -3% | -$602K |
|
|
ETHA
1293
iShares Ethereum Trust ETF
ETHA
$5.25B
| $26M | 0.01% |
1,640,795
+226,672
| +16% | +$4.1M |
|
1294
Invesco S&P Emerging Markets Low Volatility ETF
EELV
$427M
| $26M | 0.01% |
924,331
+24,151
| +3% | +$691K |
|
1295
JPMorgan BetaBuilders Japan ETF
BBJP
$17.3B
| $25.9M | 0.01% |
376,530
+222,430
| +144% | +$15.7M |
|
1296
Fidelity Low Duration Bond Factor ETF
FLDR
$1.95B
| $25.9M | 0.01% |
518,353
-14,690
| -3% | -$738K |
|
1297
HCA Healthcare
HCA
$84.8B
| $25.9M | 0.01% |
54,744
-9,077
| -14% | -$4.57M |
|
1298
iShares iBonds 2028 Term High Yield and Income ETF
IBHH
$451M
| $25.8M | 0.01% |
1,099,230
+180,650
| +20% | +$4.27M |
|
1299
State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF
SPYX
$2.71B
| $25.8M | 0.01% |
485,750
+3,755
| +0.8% | +$209K |
|
1300
Panagram AAA CLO ETF
CLOX
$310M
| $25.7M | 0.01% |
1,003,904
+363,712
| +57% | +$9.29M |
|
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.