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 | |
|---|---|---|---|---|---|---|
1451
Roper Technologies
ROP
$36.3B
| $20.7M | 0.01% |
58,499
-13,598
| -19% | -$5.02M |
|
1452
Weyerhaeuser
WY
$17.3B
| $20.7M | 0.01% |
846,566
+190,495
| +29% | +$4.79M |
|
1453
Invesco DB Agriculture Fund
DBA
$1.26B
| $20.7M | 0.01% |
757,001
+503,463
| +199% | +$13.2M |
|
1454
Global X Adaptive US Risk Management ETF
ONOF
$136M
| $20.7M | 0.01% |
569,820
-24,265
| -4% | -$909K |
|
|
HDUS
1455
Hartford Disciplined US Equity ETF
HDUS
$197M
| $20.6M | 0.01% |
326,898
+24,181
| +8% | +$1.58M |
|
1456
Jacobs Solutions
J
$15.9B
| $20.6M | 0.01% |
161,856
-391
| -0.2% | -$53.2K |
|
1457
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.46B
| $20.6M | 0.01% |
538,388
+85,535
| +19% | +$3.3M |
|
1458
Bank OZK
OZK
$5.49B
| $20.5M | 0.01% |
447,283
+36,456
| +9% | +$1.72M |
|
1459
BWX Technologies
BWXT
$16B
| $20.5M | 0.01% |
100,084
+30,559
| +44% | +$6.21M |
|
1460
Invesco 0-5 Yr US TIPS ETF
PBTP
$98.7M
| $20.4M | 0.01% |
778,768
-13,377
| -2% | -$349K |
|
1461
State Street SPDR S&P 500 ESG ETF
EFIV
$1.06B
| $20.3M | 0.01% |
322,152
-5,893
| -2% | -$390K |
|
1462
iShares ESG Aware MSCI USA Small-Cap ETF
ESML
$2.83B
| $20.3M | 0.01% |
430,739
+42,911
| +11% | +$2.08M |
|
1463
Carnival Corporation Ltd
CCL
$36.1B
| $20.2M | 0.01% |
782,249
-28,939
| -4% | -$844K |
|
1464
Leidos
LDOS
$14.1B
| $20.2M | 0.01% |
130,167
-20,119
| -13% | -$3.61M |
|
1465
JPMorgan BetaBuilders International Equity ETF
BBIN
$6.47B
| $20.2M | 0.01% |
276,753
-9,960
| -3% | -$754K |
|
1466
Avantis International Large Cap Value ETF
AVIV
$1.92B
| $20.2M | 0.01% |
269,407
+106,304
| +65% | +$8.05M |
|
1467
WisdomTree Artificial Intelligence and Innovation Fund
WTAI
$584M
| $20.2M | 0.01% |
714,111
+39,938
| +6% | +$1.19M |
|
1468
Fidelity Value Factor ETF
FVAL
$1.28B
| $20.1M | 0.01% |
290,288
-41,465
| -12% | -$3M |
|
1469
VanEck Agribusiness ETF
MOO
$989M
| $20.1M | 0.01% |
238,413
+98,274
| +70% | +$8.01M |
|
1470
Invesco MSCI USA ETF
PBUS
$11.2B
| $19.9M | 0.01% |
305,822
-9,093
| -3% | -$620K |
|
1471
State Street SPDR S&P Bank ETF
KBE
$1.64B
| $19.9M | 0.01% |
334,542
-33,302
| -9% | -$2.07M |
|
1472
Convergence Long/Short Equity ETF
CLSE
$757M
| $19.9M | 0.01% |
706,548
+10,490
| +2% | +$295K |
|
1473
Super Micro Computer
SMCI
$19.5B
| $19.8M | 0.01% |
871,220
+35,427
| +4% | +$1.06M |
|
1474
Cognizant
CTSH
$21.5B
| $19.8M | 0.01% |
322,479
+29,271
| +10% | +$2.09M |
|
1475
FirstCash
FCFS
$8.55B
| $19.7M | 0.01% |
105,016
+77,371
| +280% | +$14M |
|
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.