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 | |
|---|---|---|---|---|---|---|
1476
Nuveen Floating Rate Income Fund
JFR
$1.23B
| $19.7M | 0.01% |
2,624,135
-279,246
| -10% | -$2.14M |
|
1477
Credo Technology Group
CRDO
$39.7B
| $19.7M | 0.01% |
209,960
-66,101
| -24% | -$8.05M |
|
1478
DT Midstream
DTM
$14.9B
| $19.7M | 0.01% |
145,985
-15,333
| -10% | -$2M |
|
1479
Kinross Gold
KGC
$28.5B
| $19.6M | 0.01% |
643,168
-15,819
| -2% | -$518K |
|
1480
State Street SPDR S&P Capital Markets ETF
KCE
$453M
| $19.6M | 0.01% |
142,631
-11,671
| -8% | -$1.72M |
|
1481
iShares MSCI Global Silver and Metals Miners ETF
SLVP
$805M
| $19.6M | 0.01% |
553,110
+122,268
| +28% | +$4.89M |
|
1482
Jack Henry & Associates
JKHY
$10.7B
| $19.6M | 0.01% |
124,035
-11,643
| -9% | -$1.99M |
|
1483
Vanguard Russell 2000 Value ETF
VTWV
$1.29B
| $19.6M | 0.01% |
117,103
+21
| +0% | +$3.58K |
|
1484
Invesco NASDAQ Next Gen 100 ETF
QQQJ
$1.11B
| $19.6M | 0.01% |
539,938
+72,596
| +16% | +$2.75M |
|
1485
State Street SPDR Portfolio TIPS ETF
SPIP
$1B
| $19.5M | 0.01% |
749,958
+30,877
| +4% | +$807K |
|
1486
FT Vest Buffered Allocation Growth ETF
BUFG
$324M
| $19.5M | 0.01% |
725,772
+27,815
| +4% | +$765K |
|
1487
Canadian Pacific Kansas City
CP
$82B
| $19.5M | 0.01% |
247,732
+11,252
| +5% | +$889K |
|
1488
T. Rowe Price
TROW
$25B
| $19.4M | 0.01% |
215,758
-417,771
| -66% | -$40.5M |
|
1489
Simplify Stable Income ETF
BUCK
$479M
| $19.4M | 0.01% |
825,521
+172,416
| +26% | +$4.08M |
|
|
UFOX
1490
Defiance Space and Connective Tech ETF
UFOX
$851M
| $19.4M | 0.01% |
284,470
+7,903
| +3% | +$531K |
|
1491
iShares MSCI Intl Momentum Factor ETF
IMTM
$4.11B
| $19.4M | 0.01% |
403,296
+66,166
| +20% | +$3.32M |
|
1492
AllianceBernstein
AB
$3.47B
| $19.3M | 0.01% |
516,417
+17,215
| +3% | +$676K |
|
1493
Eaton Vance Floating-Rate ETF
EVLN
$1.37B
| $19.3M | 0.01% |
401,126
+10,834
| +3% | +$530K |
|
1494
iShares Copper and Metals Mining ETF
ICOP
$430M
| $19.3M | 0.01% |
405,030
+310,773
| +330% | +$15.7M |
|
1495
Advanced Energy
AEIS
$12.2B
| $19.2M | 0.01% |
59,649
+15,967
| +37% | +$4.63M |
|
1496
Nutrien
NTR
$32.7B
| $19.2M | 0.01% |
253,817
+112,966
| +80% | +$8.06M |
|
1497
Builders FirstSource
BLDR
$7.84B
| $19.1M | 0.01% |
232,241
+13,179
| +6% | +$1.41M |
|
1498
First Trust Structured Credit Income Opportunities ETF
SCIO
$483M
| $19.1M | 0.01% |
925,258
+901,152
| +3,738% | +$18.8M |
|
1499
Sprott Uranium Miners ETF
URNM
$1.78B
| $19M | 0.01% |
301,490
+25,238
| +9% | +$1.72M |
|
1500
Banco Santander
SAN
$194B
| $19M | 0.01% |
1,686,207
+140,341
| +9% | +$1.67M |
|
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.