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 | |
|---|---|---|---|---|---|---|
1776
Service Corp International
SCI
$11.4B
| $13.2M | ﹤0.01% |
159,553
+2,081
| +1% | +$168K |
|
1777
Baidu
BIDU
$35.8B
| $13.2M | ﹤0.01% |
118,112
+12,154
| +11% | +$1.65M |
|
1778
Vanguard S&P Small-Cap 600 Value ETF
VIOV
$1.85B
| $13.2M | ﹤0.01% |
129,348
+664
| +0.5% | +$69K |
|
1779
Toll Brothers
TOL
$14B
| $13.2M | ﹤0.01% |
96,421
-609
| -0.6% | -$89.4K |
|
1780
iShares US Regional Banks ETF
IAT
$685M
| $13.2M | ﹤0.01% |
244,324
+4,873
| +2% | +$276K |
|
1781
lululemon athletica
LULU
$13B
| $13.1M | ﹤0.01% |
85,804
-8,791
| -9% | -$1.58M |
|
1782
iShares US Insurance ETF
IAK
$511M
| $13.1M | ﹤0.01% |
102,087
+15,225
| +18% | +$2.02M |
|
|
FTMH
1783
Franklin Municipal High Yield ETF
FTMH
$584M
| $13.1M | ﹤0.01% |
1,135,580
+260,013
| +30% | +$3.03M |
|
1784
SEI Investments
SEIC
$11.9B
| $13.1M | ﹤0.01% |
166,815
+18,692
| +13% | +$1.54M |
|
1785
Coeur Mining
CDE
$15.6B
| $13M | ﹤0.01% |
694,552
+61,251
| +10% | +$1.33M |
|
1786
John Hancock Multifactor Emerging Markets ETF
JHEM
$965M
| $13M | ﹤0.01% |
380,413
-147,389
| -28% | -$5.19M |
|
1787
Lamb Weston
LW
$6.82B
| $13M | ﹤0.01% |
308,292
+10,231
| +3% | +$457K |
|
1788
Bahl & Gaynor Small/Mid Cap Income Growth ETF
SMIG
$1.51B
| $13M | ﹤0.01% |
443,778
+1,012
| +0.2% | +$30.6K |
|
1789
Innovator US Equity Power Buffer ETF February
PFEB
$914M
| $13M | ﹤0.01% |
324,499
+57,964
| +22% | +$2.37M |
|
1790
Imperial Oil
IMO
$62.1B
| $13M | ﹤0.01% |
99,223
-6,288
| -6% | -$705K |
|
1791
Petrobras
PBR
$121B
| $12.9M | ﹤0.01% |
623,451
+160,713
| +35% | +$2.57M |
|
1792
Phillips Edison & Co
PECO
$5.48B
| $12.9M | ﹤0.01% |
345,513
-10,943
| -3% | -$407K |
|
1793
Celsius Holdings
CELH
$6.93B
| $12.9M | ﹤0.01% |
363,793
+36,346
| +11% | +$1.72M |
|
1794
Antero Midstream
AM
$10.8B
| $12.9M | ﹤0.01% |
565,926
+96,390
| +21% | +$1.99M |
|
1795
iShares iBonds Dec 2032 Term Corporate ETF
IBDX
$1.7B
| $12.9M | ﹤0.01% |
509,925
+141,857
| +39% | +$3.62M |
|
1796
Cambria Foreign Shareholder Yield ETF
FYLD
$692M
| $12.9M | ﹤0.01% |
344,996
-17,452
| -5% | -$627K |
|
1797
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.06B
| $12.8M | ﹤0.01% |
523,142
+17,175
| +3% | +$439K |
|
1798
ALPS International Sector Dividend Dogs ETF
IDOG
$533M
| $12.8M | ﹤0.01% |
307,865
+8,648
| +3% | +$352K |
|
1799
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.65B
| $12.8M | ﹤0.01% |
133,104
+36,168
| +37% | +$3.62M |
|
|
RUSC
1800
Russell Investments U.S. Small Cap Equity ETF
RUSC
$79.3M
| $12.7M | ﹤0.01% |
397,875
+41,752
| +12% | +$1.37M |
|
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.