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 | |
|---|---|---|---|---|---|---|
1651
Wintrust Financial
WTFC
$10.7B
| $15.6M | ﹤0.01% |
112,397
+6,143
| +6% | +$890K |
|
1652
Applied Digital
APLD
$7.77B
| $15.6M | ﹤0.01% |
656,588
+70,459
| +12% | +$2.21M |
|
1653
Gabelli Dividend & Income Trust
GDV
$2.6B
| $15.6M | ﹤0.01% |
577,573
+23,012
| +4% | +$649K |
|
1654
Simplify Health Care ETF
PINK
$375M
| $15.5M | ﹤0.01% |
461,340
-443,700
| -49% | -$15.8M |
|
1655
CF Industries
CF
$19.2B
| $15.5M | ﹤0.01% |
119,533
+60,808
| +104% | +$6.2M |
|
|
BEDY
1656
BNY Mellon Enhanced Dividend and Income ETF
BEDY
$177M
| $15.5M | ﹤0.01% |
570,706
+491,276
| +619% | +$13.5M |
|
1657
Blue Owl Capital
OWL
$6.39B
| $15.5M | ﹤0.01% |
1,696,736
+52,426
| +3% | +$634K |
|
1658
ProShares Nasdaq-100 High Income ETF
IQQQ
$389M
| $15.5M | ﹤0.01% |
371,074
-17,669
| -5% | -$778K |
|
1659
RB Global
RBA
$20.8B
| $15.4M | ﹤0.01% |
160,867
+16,945
| +12% | +$1.8M |
|
1660
Main Thematic Innovation ETF
TMAT
$230M
| $15.4M | ﹤0.01% |
664,024
+205,391
| +45% | +$5.03M |
|
1661
ALPS Equal Sector Weight ETF
EQL
$753M
| $15.4M | ﹤0.01% |
323,275
+15,497
| +5% | +$748K |
|
1662
iShares Interest Rate Hedged Long-Term Corporate Bond ETF
IGBH
$199M
| $15.4M | ﹤0.01% |
635,203
+411,077
| +183% | +$10.1M |
|
1663
iShares MSCI Germany ETF
EWG
$1.5B
| $15.4M | ﹤0.01% |
387,069
-191,127
| -33% | -$8.1M |
|
|
OPPJ
1664
WisdomTree Trust WisdomTree Japan Opportunities Fund
OPPJ
$280M
| $15.4M | ﹤0.01% |
282,461
+143,797
| +104% | +$7.64M |
|
1665
VSE Corp
VSEC
$5.48B
| $15.3M | ﹤0.01% |
83,029
+72,839
| +715% | +$14.8M |
|
|
IFLN
1666
Invesco Bloomberg Enhanced Fallen Angels ETF
IFLN
$305M
| $15.3M | ﹤0.01% |
852,078
-139,343
| -14% | -$2.57M |
|
1667
Strategy Shares Nasdaq 7HANDL Index ETF
HNDL
$632M
| $15.3M | ﹤0.01% |
699,741
-67,542
| -9% | -$1.5M |
|
1668
MongoDB
MDB
$24B
| $15.3M | ﹤0.01% |
62,392
-3,486
| -5% | -$1.17M |
|
1669
Schwab Fundamental US Small Company Index ETF
FNDA
$9.17B
| $15.3M | ﹤0.01% |
470,342
+25,110
| +6% | +$840K |
|
1670
FT Vest US Equity Buffer ETF November
FNOV
$1.2B
| $15.2M | ﹤0.01% |
284,863
-8,028
| -3% | -$440K |
|
|
NJNK
1671
Columbia U.S. High Yield ETF
NJNK
$39.8M
| $15.2M | ﹤0.01% |
761,679
+722,921
| +1,865% | +$14.6M |
|
1672
Williams-Sonoma
WSM
$26.7B
| $15.2M | ﹤0.01% |
83,398
+3,032
| +4% | +$605K |
|
1673
Dimensional International Small Cap ETF
DFIS
$5.76B
| $15.2M | ﹤0.01% |
450,876
+202,934
| +82% | +$7.07M |
|
1674
Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
$435M
| $15.2M | ﹤0.01% |
154,067
+24,978
| +19% | +$2.5M |
|
1675
Invesco California AMT-Free Municipal Bond ETF
PWZ
$1.14B
| $15.1M | ﹤0.01% |
633,869
+36,860
| +6% | +$893K |
|
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.