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 | |
|---|---|---|---|---|---|---|
1401
ProShares Large Cap Core Plus
CSM
$509M
| $21.9M | 0.01% |
292,100
-1,017
| -0.3% | -$79.8K |
|
1402
Constellation Brands
STZ
$22.2B
| $21.8M | 0.01% |
145,348
-11,222
| -7% | -$1.73M |
|
1403
CACI
CACI
$10.8B
| $21.8M | 0.01% |
40,057
+520
| +1% | +$313K |
|
1404
EQT Corp
EQT
$33.2B
| $21.8M | 0.01% |
342,235
-89,254
| -21% | -$5.23M |
|
1405
Inspire 100 ETF
BIBL
$495M
| $21.8M | 0.01% |
461,842
+14,488
| +3% | +$700K |
|
1406
Skyworks Solutions
SWKS
$9.06B
| $21.8M | 0.01% |
406,230
+82,696
| +26% | +$4.81M |
|
1407
PIMCO Senior Loan Active Exchange-Traded Fund
LONZ
$576M
| $21.7M | 0.01% |
440,466
-42,150
| -9% | -$2.1M |
|
1408
iShares MSCI Emerging Markets Asia ETF
EEMA
$827M
| $21.7M | 0.01% |
226,994
-102,610
| -31% | -$10.3M |
|
1409
Quest Diagnostics
DGX
$25.1B
| $21.7M | 0.01% |
110,753
+27,367
| +33% | +$5.32M |
|
1410
Argan
AGX
$7.98B
| $21.7M | 0.01% |
39,764
+8,987
| +29% | +$3.66M |
|
1411
MSCI
MSCI
$40B
| $21.6M | 0.01% |
40,153
-3,260
| -8% | -$1.84M |
|
1412
XPO
XPO
$25B
| $21.6M | 0.01% |
111,096
+38,971
| +54% | +$6.99M |
|
1413
Arch Capital
ACGL
$36.1B
| $21.6M | 0.01% |
225,093
-55,712
| -20% | -$5.33M |
|
1414
ARK Space & Defense Innovation ETF
ARKX
$802M
| $21.6M | 0.01% |
735,564
+276,847
| +60% | +$8.86M |
|
1415
SAP
SAP
$187B
| $21.6M | 0.01% |
126,087
-820
| -0.6% | -$169K |
|
|
PPLT
1416
abrdn Physical Platinum Shares ETF
PPLT
$1.81B
| $21.6M | 0.01% |
1,211,020
-464,820
| -28% | -$9.29M |
|
1417
Unum
UNM
$13.8B
| $21.6M | 0.01% |
295,397
+3,530
| +1% | +$263K |
|
1418
Invesco S&P MidCap 400 Pure Value ETF
RFV
$335M
| $21.6M | 0.01% |
165,885
-3,323
| -2% | -$443K |
|
1419
Timothy Plan High Dividend Stock ETF
TPHD
$364M
| $21.5M | 0.01% |
519,412
+28,322
| +6% | +$1.17M |
|
1420
VanEck Green Bond ETF
GRNB
$182M
| $21.5M | 0.01% |
896,645
+41,776
| +5% | +$1.01M |
|
1421
Church & Dwight Co
CHD
$23.1B
| $21.5M | 0.01% |
230,009
+1,616
| +0.7% | +$155K |
|
1422
CRH
CRH
$66.7B
| $21.5M | 0.01% |
204,138
-31,623
| -13% | -$3.71M |
|
1423
Toronto Dominion Bank
TD
$198B
| $21.4M | 0.01% |
229,801
+7,742
| +3% | +$736K |
|
1424
ARK Blockchain & Fintech Innovation ETF
ARKF
$718M
| $21.4M | 0.01% |
563,738
-157,058
| -22% | -$6.6M |
|
1425
Jackson Financial
JXN
$8.32B
| $21.4M | 0.01% |
202,494
-17,246
| -8% | -$1.93M |
|
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.