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 | |
|---|---|---|---|---|---|---|
1951
Invesco Financial Preferred ETF
PGF
$676M
| $10.6M | ﹤0.01% |
768,701
-45,654
| -6% | -$650K |
|
1952
Elbit Systems
ESLT
$38.4B
| $10.5M | ﹤0.01% |
12,415
+3,111
| +33% | +$2.4M |
|
1953
J.M. Smucker
SJM
$12.6B
| $10.5M | ﹤0.01% |
109,303
+4,456
| +4% | +$467K |
|
1954
Counterpoint Quantitative Equity ETF
CPAI
$374M
| $10.5M | ﹤0.01% |
252,158
+153,327
| +155% | +$6.61M |
|
1955
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$565M
| $10.5M | ﹤0.01% |
240,935
+20,533
| +9% | +$925K |
|
1956
Nuveen ESG Mid-Cap Growth ETF
NUMG
$343M
| $10.5M | ﹤0.01% |
255,666
-203,153
| -44% | -$9.04M |
|
1957
FT Vest US Equity Buffer ETF December
FDEC
$1.31B
| $10.5M | ﹤0.01% |
211,150
-25,432
| -11% | -$1.3M |
|
1958
FT Energy Income Partners Strategy ETF
EIPX
$559M
| $10.5M | ﹤0.01% |
326,424
+61,222
| +23% | +$1.83M |
|
1959
FTAI Aviation
FTAI
$22.2B
| $10.5M | ﹤0.01% |
42,822
-5,299
| -11% | -$1.4M |
|
1960
McCormick & Company Non-Voting
MKC
$13.4B
| $10.5M | ﹤0.01% |
207,954
-19,396
| -9% | -$1.24M |
|
1961
Roivant Sciences
ROIV
$25.2B
| $10.5M | ﹤0.01% |
378,656
+27,189
| +8% | +$698K |
|
1962
Invesco BulletShares 2032 Municipal Bond ETF
BSMW
$207M
| $10.5M | ﹤0.01% |
421,922
-15,082
| -3% | -$381K |
|
1963
Amdocs
DOX
$5.53B
| $10.5M | ﹤0.01% |
160,447
+46,730
| +41% | +$3.42M |
|
1964
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.32B
| $10.4M | ﹤0.01% |
228,041
+16,788
| +8% | +$793K |
|
1965
iShares Currency Hedged MSCI ACWI ex US ETF
HAWX
$343M
| $10.4M | ﹤0.01% |
254,799
-6,868
| -3% | -$285K |
|
|
EVV
1966
Eaton Vance Limited Duration Income Fund
EVV
$1.06B
| $10.4M | ﹤0.01% |
1,098,486
-245,836
| -18% | -$2.4M |
|
1967
Nuveen Municipal Value Fund
NUV
$1.91B
| $10.4M | ﹤0.01% |
1,154,191
+61,379
| +6% | +$561K |
|
1968
iShares iBonds Dec 2026 Term Muni Bond ETF
IBMO
$579M
| $10.4M | ﹤0.01% |
404,317
-5,947
| -1% | -$153K |
|
1969
Veralto
VLTO
$22.6B
| $10.4M | ﹤0.01% |
117,195
-196,337
| -63% | -$18.7M |
|
1970
iShares MSCI France ETF
EWQ
$324M
| $10.3M | ﹤0.01% |
238,467
-20,270
| -8% | -$917K |
|
1971
Accel Entertainment
ACEL
$979M
| $10.3M | ﹤0.01% |
946,769
-25,000
| -3% | -$282K |
|
1972
Charter Communications
CHTR
$14.7B
| $10.3M | ﹤0.01% |
47,688
+10,633
| +29% | +$2.3M |
|
1973
Cooper Companies
COO
$13.7B
| $10.3M | ﹤0.01% |
143,750
+20,333
| +16% | +$1.61M |
|
|
CRCL
1974
Circle Internet Group
CRCL
$15.5B
| $10.3M | ﹤0.01% |
107,704
+52,945
| +97% | +$4.49M |
|
1975
VanEck Morningstar International Moat ETF
MOTI
$70.1M
| $10.3M | ﹤0.01% |
300,650
+32,833
| +12% | +$1.21M |
|
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.