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 | |
|---|---|---|---|---|---|---|
1701
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.52B
| $14.6M | ﹤0.01% |
405,135
-283,221
| -41% | -$10.4M |
|
1702
ON Semiconductor
ON
$33.8B
| $14.6M | ﹤0.01% |
235,720
+71,165
| +43% | +$4.47M |
|
1703
Franklin International Aggregate Bond ETF
FLIA
$765M
| $14.6M | ﹤0.01% |
720,359
-5,838
| -0.8% | -$119K |
|
1704
First Solar
FSLR
$21.8B
| $14.6M | ﹤0.01% |
73,982
-1,227
| -2% | -$271K |
|
1705
Invesco Municipal Opportunity Trust
VMO
$647M
| $14.6M | ﹤0.01% |
1,533,417
+457,764
| +43% | +$4.47M |
|
|
CTRA
1706
DELISTED
Coterra Energy
CTRA
| $14.6M | ﹤0.01% |
414,573
-95,533
| -19% | -$2.87M |
|
1707
AutoNation
AN
$6.97B
| $14.5M | ﹤0.01% |
74,509
-7,010
| -9% | -$1.42M |
|
|
QTOP
1708
iShares Nasdaq Top 30 Stocks ETF
QTOP
$278M
| $14.5M | ﹤0.01% |
485,641
+28,663
| +6% | +$902K |
|
1709
Labcorp
LH
$24.3B
| $14.5M | ﹤0.01% |
54,465
+1,356
| +3% | +$367K |
|
|
BIDD
1710
iShares International Dividend Active ETF
BIDD
$406M
| $14.5M | ﹤0.01% |
508,985
-293,174
| -37% | -$8.75M |
|
1711
FlexShares Quality Dividend Defensive Index Fund
QDEF
$543M
| $14.4M | ﹤0.01% |
180,843
+5,238
| +3% | +$430K |
|
1712
Ferrari
RACE
$63.3B
| $14.4M | ﹤0.01% |
42,582
-12,673
| -23% | -$4.43M |
|
1713
Restaurant Brands International
QSR
$25.1B
| $14.4M | ﹤0.01% |
195,012
+42,893
| +28% | +$3.01M |
|
1714
Rentokil
RTO
$14.3B
| $14.4M | ﹤0.01% |
457,639
+73,275
| +19% | +$2.31M |
|
1715
Vanguard Russell 2000 Growth ETF
VTWG
$1.47B
| $14.4M | ﹤0.01% |
62,712
-1,220
| -2% | -$296K |
|
1716
Gold Fields
GFI
$29.2B
| $14.4M | ﹤0.01% |
316,312
+21,086
| +7% | +$1.06M |
|
1717
iShares Global Healthcare ETF
IXJ
$4.11B
| $14.3M | ﹤0.01% |
152,875
+6,303
| +4% | +$617K |
|
1718
State Street SPDR S&P Software & Services ETF
XSW
$417M
| $14.3M | ﹤0.01% |
100,465
-17,548
| -15% | -$2.83M |
|
1719
Perrigo
PRGO
$1.4B
| $14.3M | ﹤0.01% |
1,330,730
+1,287,874
| +3,005% | +$16.7M |
|
1720
FT Vest US Equity Buffer ETF January
FJAN
$1.41B
| $14.2M | ﹤0.01% |
282,417
+32,224
| +13% | +$1.67M |
|
1721
Global X Dow 30 Covered Call ETF
DJIA
$182M
| $14.2M | ﹤0.01% |
676,092
+27,781
| +4% | +$611K |
|
1722
Pacer Trendpilot US Mid Cap ETF
PTMC
$396M
| $14.2M | ﹤0.01% |
388,607
-47,087
| -11% | -$1.77M |
|
1723
Agilent Technologies
A
$39.1B
| $14.2M | ﹤0.01% |
124,411
-26,092
| -17% | -$3.31M |
|
1724
iShares World ex U.S. Carbon Transition Readiness Aware Active ETF
LCTD
$281M
| $14.1M | ﹤0.01% |
255,743
+15,503
| +6% | +$882K |
|
1725
VanEck Digital Transformation ETF
DAPP
$241M
| $14.1M | ﹤0.01% |
946,888
-66,090
| -7% | -$1.13M |
|
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.