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 | |
|---|---|---|---|---|---|---|
1626
Simplify Short Term Treasury Futures Strategy ETF
TUA
$712M
| $16.1M | ﹤0.01% |
765,074
-60,744
| -7% | -$1.31M |
|
1627
Innovator US Equity Power Buffer ETF October
POCT
$963M
| $16.1M | ﹤0.01% |
374,206
-9,833
| -3% | -$432K |
|
1628
Neuberger Option Strategy ETF
NBOS
$470M
| $16.1M | ﹤0.01% |
601,378
+17,522
| +3% | +$479K |
|
1629
Symbotic
SYM
$5.11B
| $16.1M | ﹤0.01% |
302,280
+84,251
| +39% | +$4.82M |
|
1630
Vanguard S&P Mid-Cap 400 Growth ETF
IVOG
$1.63B
| $16.1M | ﹤0.01% |
128,414
-11,562
| -8% | -$1.47M |
|
1631
iShares US Oil & Gas Exploration & Production ETF
IEO
$573M
| $16M | ﹤0.01% |
128,188
+33,550
| +35% | +$3.55M |
|
1632
VanEck Natural Resources ETF
HAP
$310M
| $16M | ﹤0.01% |
220,789
+150,770
| +215% | +$10.4M |
|
1633
Invesco BulletShares 2030 High Yield Corporate Bond ETF
BSJU
$296M
| $16M | ﹤0.01% |
624,275
+87,606
| +16% | +$2.28M |
|
1634
KeyCorp
KEY
$24.3B
| $16M | ﹤0.01% |
796,345
-55,761
| -7% | -$1.17M |
|
1635
Generac Holdings
GNRC
$11.9B
| $15.9M | ﹤0.01% |
81,347
-16,310
| -17% | -$3.13M |
|
1636
Textron
TXT
$16.6B
| $15.9M | ﹤0.01% |
181,305
-13,168
| -7% | -$1.23M |
|
1637
Fidelity MSCI Real Estate Index ETF
FREL
$1.53B
| $15.8M | ﹤0.01% |
588,435
+171,095
| +41% | +$4.76M |
|
1638
LeaderShares AlphaFactor Tactical Focused ETF
LSAT
$65.1M
| $15.8M | ﹤0.01% |
401,436
-34,884
| -8% | -$1.38M |
|
|
SOLS
1639
Solstice Advanced Materials
SOLS
$9.62B
| $15.8M | ﹤0.01% |
207,599
-59,688
| -22% | -$4.09M |
|
1640
CenterPoint Energy
CNP
$29.1B
| $15.8M | ﹤0.01% |
365,983
+35,226
| +11% | +$1.45M |
|
1641
iShares Morningstar Small-Cap Value ETF
ISCV
$687M
| $15.8M | ﹤0.01% |
226,955
-4,304
| -2% | -$308K |
|
1642
Hubbell
HUBB
$25.7B
| $15.8M | ﹤0.01% |
32,143
+151
| +0.5% | +$74.2K |
|
1643
PGIM Active High Yield Bond ETF
PHYL
$1.32B
| $15.8M | ﹤0.01% |
455,159
+32,210
| +8% | +$1.14M |
|
1644
NiSource
NI
$22.4B
| $15.7M | ﹤0.01% |
337,484
+51,549
| +18% | +$2.32M |
|
1645
Mitsubishi UFJ Financial
MUFG
$258B
| $15.7M | ﹤0.01% |
927,435
+189,152
| +26% | +$3.37M |
|
1646
Powell Industries
POWL
$8.46B
| $15.7M | ﹤0.01% |
87,243
-2,703
| -3% | -$442K |
|
|
CHY
1647
Calamos Convertible and High Income Fund
CHY
$1.03B
| $15.7M | ﹤0.01% |
1,443,850
-35,006
| -2% | -$409K |
|
1648
iShares International Treasury Bond ETF
IGOV
$1.34B
| $15.7M | ﹤0.01% |
382,769
+145,128
| +61% | +$6.09M |
|
1649
Domino's
DPZ
$11B
| $15.7M | ﹤0.01% |
43,764
-3,269
| -7% | -$1.29M |
|
1650
CBRE Group
CBRE
$40.8B
| $15.6M | ﹤0.01% |
115,385
+2,641
| +2% | +$401K |
|
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.