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 | |
|---|---|---|---|---|---|---|
1751
Banco Bilbao Vizcaya Argentaria
BBVA
$144B
| $13.6M | ﹤0.01% |
625,873
-87,999
| -12% | -$2.04M |
|
1752
Lennar Class A
LEN
$20.4B
| $13.5M | ﹤0.01% |
155,811
-6,932
| -4% | -$749K |
|
1753
Invesco S&P 500 Value with Momentum ETF
SPVM
$121M
| $13.5M | ﹤0.01% |
196,116
+56,858
| +41% | +$3.99M |
|
1754
Vanguard Total Corporate Bond ETF
VTC
$1.72B
| $13.5M | ﹤0.01% |
175,698
+14,575
| +9% | +$1.13M |
|
1755
First Majestic Silver
AG
$8.05B
| $13.5M | ﹤0.01% |
628,205
-14,117
| -2% | -$325K |
|
1756
Nu Holdings
NU
$68.1B
| $13.5M | ﹤0.01% |
937,988
-136,203
| -13% | -$2.21M |
|
1757
iShares iBonds Dec 2029 Term Treasury ETF
IBTJ
$1.31B
| $13.5M | ﹤0.01% |
616,659
+86,442
| +16% | +$1.9M |
|
1758
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.65B
| $13.5M | ﹤0.01% |
1,092,408
+156,017
| +17% | +$2M |
|
1759
Direxion HCM Tactical Enhanced US ETF
HCMT
$564M
| $13.5M | ﹤0.01% |
382,715
+39,822
| +12% | +$1.51M |
|
1760
iShares ESG Screened S&P 500 ETF
XVV
$638M
| $13.5M | ﹤0.01% |
273,521
+17,383
| +7% | +$903K |
|
1761
Franklin FTSE United Kingdom ETF
FLGB
$887M
| $13.4M | ﹤0.01% |
386,190
-6,291
| -2% | -$222K |
|
1762
VanEck Mortgage REIT Income ETF
MORT
$370M
| $13.4M | ﹤0.01% |
1,306,504
+94,194
| +8% | +$1.01M |
|
1763
Diageo
DEO
$46.2B
| $13.4M | ﹤0.01% |
179,977
-267,605
| -60% | -$23.3M |
|
1764
First Trust Intermediate Government Opportunities ETF
MGOV
$100M
| $13.4M | ﹤0.01% |
660,423
+454,259
| +220% | +$9.33M |
|
1765
iShares Europe ETF
IEV
$1.63B
| $13.4M | ﹤0.01% |
197,033
-45,554
| -19% | -$3.21M |
|
1766
iShares International Equity Factor ETF
INTF
$3.54B
| $13.3M | ﹤0.01% |
342,607
+25,561
| +8% | +$1.01M |
|
1767
AAM Low Duration Preferred and Income Securities ETF
PFLD
$415M
| $13.3M | ﹤0.01% |
688,879
-52,197
| -7% | -$1.03M |
|
1768
Calvert Ultra-Short Investment Grade ETF
CVSB
$218M
| $13.3M | ﹤0.01% |
262,983
+51,354
| +24% | +$2.61M |
|
1769
Renasant Corp
RNST
$4.01B
| $13.3M | ﹤0.01% |
368,055
+234,495
| +176% | +$8.82M |
|
1770
Akamai
AKAM
$16.8B
| $13.3M | ﹤0.01% |
115,628
-9,977
| -8% | -$1M |
|
1771
Avantis Real Estate ETF
AVRE
$884M
| $13.3M | ﹤0.01% |
301,299
+43,501
| +17% | +$1.97M |
|
1772
Franco-Nevada
FNV
$41.4B
| $13.3M | ﹤0.01% |
53,674
+2,393
| +5% | +$592K |
|
1773
Credit Acceptance
CACC
$6B
| $13.2M | ﹤0.01% |
31,282
-2,583
| -8% | -$1.22M |
|
1774
Nordson
NDSN
$16.5B
| $13.2M | ﹤0.01% |
49,648
-4,765
| -9% | -$1.31M |
|
1775
Fidelity Blue Chip Growth ETF
FBCG
$6.76B
| $13.2M | ﹤0.01% |
263,243
+70,494
| +37% | +$3.75M |
|
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.