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 | |
|---|---|---|---|---|---|---|
1501
Bahl & Gaynor Income Growth ETF
BGIG
$2.2B
| $19M | 0.01% |
+571,771
| New | +$19.2M |
|
1502
iShares GNMA Bond ETF
GNMA
$422M
| $19M | 0.01% |
428,001
+36,783
| +9% | +$1.64M |
|
1503
Old Republic International
ORI
$10.3B
| $18.9M | 0.01% |
474,798
-26,933
| -5% | -$1.11M |
|
1504
IonQ
IONQ
$12.3B
| $18.9M | 0.01% |
657,100
+2,132
| +0.3% | +$81.8K |
|
1505
WisdomTree Managed Futures Strategy Fund
WTMF
$237M
| $18.9M | 0.01% |
476,311
+25,954
| +6% | +$1.01M |
|
1506
Roku
ROKU
$21.1B
| $18.9M | 0.01% |
199,739
+4,476
| +2% | +$436K |
|
1507
First Trust Japan AlphaDEX Fund
FJP
$247M
| $18.9M | 0.01% |
260,261
+20,148
| +8% | +$1.49M |
|
1508
Liberty All-Star Equity Fund
USA
$1.75B
| $18.9M | 0.01% |
3,400,688
-384,145
| -10% | -$2.3M |
|
1509
iShares US Consumer Discretionary ETF
IYC
$1.12B
| $18.8M | 0.01% |
194,397
+6,999
| +4% | +$714K |
|
1510
Invesco PHLX Semiconductor ETF
SOXQ
$2.38B
| $18.8M | 0.01% |
314,711
+9,515
| +3% | +$591K |
|
1511
Strategy Shares Gold-Hedged Bond ETF
GOLY
$85.1M
| $18.7M | 0.01% |
636,054
+84,132
| +15% | +$3.04M |
|
1512
State Street
STT
$50.9B
| $18.7M | 0.01% |
147,911
+4,808
| +3% | +$615K |
|
|
QVMT
1513
Invesco S&P 500 Concentrated QVM ETF
QVMT
$131M
| $18.7M | 0.01% |
313,954
+99,186
| +46% | +$5.93M |
|
1514
C.H. Robinson
CHRW
$22B
| $18.6M | 0.01% |
112,283
+28,557
| +34% | +$5.11M |
|
|
OPPE
1515
WisdomTree European Opportunities Fund
OPPE
$283M
| $18.6M | ﹤0.01% |
346,994
+93,517
| +37% | +$5.03M |
|
1516
Davis Select Financial ETF
DFNL
$456M
| $18.6M | ﹤0.01% |
415,571
+18,755
| +5% | +$885K |
|
1517
ProShares Investment Grade-Interest Rate Hedged
IGHG
$323M
| $18.6M | ﹤0.01% |
239,921
-6,108
| -2% | -$477K |
|
1518
Wabtec
WAB
$51.1B
| $18.6M | ﹤0.01% |
74,518
-17,329
| -19% | -$4.19M |
|
1519
Rollins
ROL
$18.6B
| $18.6M | ﹤0.01% |
348,365
-33,549
| -9% | -$2M |
|
1520
Vanguard California Tax-Exempt Bond ETF
VTEC
$2.79B
| $18.6M | ﹤0.01% |
187,339
+82,095
| +78% | +$8.26M |
|
1521
State Street SPDR S&P Insurance ETF
KIE
$619M
| $18.5M | ﹤0.01% |
336,516
-25,464
| -7% | -$1.46M |
|
1522
Canadian Natural Resources
CNQ
$96.9B
| $18.5M | ﹤0.01% |
379,436
+51,149
| +16% | +$2.1M |
|
1523
Franklin Ultra Short Bond ETF
FLUD
$570M
| $18.5M | ﹤0.01% |
738,947
+562,939
| +320% | +$14.1M |
|
1524
Main Street Capital
MAIN
$4.97B
| $18.4M | ﹤0.01% |
347,928
-447
| -0.1% | -$26.5K |
|
1525
Sprouts Farmers Market
SFM
$7.04B
| $18.4M | ﹤0.01% |
238,422
+29,546
| +14% | +$2.21M |
|
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.