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 | |
|---|---|---|---|---|---|---|
2126
First Trust Dividend Strength ETF
FTDS
$38.3M
| $8.56M | ﹤0.01% |
141,908
+3,232
| +2% | +$196K |
|
2127
iShares Core MSCI Pacific ETF
IPAC
$2.6B
| $8.56M | ﹤0.01% |
111,854
-3,781
| -3% | -$296K |
|
2128
Rubrik
RBRK
$15.1B
| $8.52M | ﹤0.01% |
174,021
+10,741
| +7% | +$616K |
|
2129
Pacer Lunt Large Cap Multi-Factor Alternator ETF
PALC
$210M
| $8.5M | ﹤0.01% |
164,122
-19,110
| -10% | -$1.03M |
|
|
EMBJ
2130
Embraer S.A. ADS
EMBJ
$11.6B
| $8.49M | ﹤0.01% |
143,033
-9,281
| -6% | -$635K |
|
2131
EPAM Systems
EPAM
$4.69B
| $8.48M | ﹤0.01% |
62,613
+7,174
| +13% | +$1.23M |
|
2132
Incyte
INCY
$23.5B
| $8.48M | ﹤0.01% |
90,063
+14,400
| +19% | +$1.44M |
|
2133
Viasat
VSAT
$9.79B
| $8.47M | ﹤0.01% |
185,034
+4,206
| +2% | +$189K |
|
2134
abrdn Physical Palladium Shares ETF
PALL
$603M
| $8.47M | ﹤0.01% |
314,530
-73,615
| -19% | -$2.28M |
|
2135
Adams Diversified Equity Fund
ADX
$3.17B
| $8.47M | ﹤0.01% |
387,092
-45,469
| -11% | -$1.04M |
|
|
BTC
2136
Grayscale Bitcoin Mini Trust ETF
BTC
$3.4B
| $8.46M | ﹤0.01% |
282,129
+80,908
| +40% | +$2.73M |
|
2137
Franklin Emerging Market Core Dividend Tilt Index ETF
DIEM
$69.1M
| $8.46M | ﹤0.01% |
239,353
+35,579
| +17% | +$1.29M |
|
2138
Franklin Resources
BEN
$16.9B
| $8.46M | ﹤0.01% |
358,068
-20,866
| -6% | -$537K |
|
2139
Olin
OLN
$2.64B
| $8.45M | ﹤0.01% |
284,270
+44,524
| +19% | +$1.09M |
|
2140
Coupang
CPNG
$27.8B
| $8.45M | ﹤0.01% |
447,536
+173,893
| +64% | +$3.4M |
|
|
PFN
2141
PIMCO Income Strategy Fund II
PFN
$695M
| $8.45M | ﹤0.01% |
1,225,853
-88,861
| -7% | -$643K |
|
|
EOS
2142
Eaton Vance Enhance Equity Income Fund II
EOS
$1.14B
| $8.44M | ﹤0.01% |
412,725
+3,195
| +0.8% | +$70K |
|
2143
OneMain Financial
OMF
$6.9B
| $8.44M | ﹤0.01% |
157,772
-19,459
| -11% | -$1.15M |
|
2144
First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
$77.5M
| $8.4M | ﹤0.01% |
102,186
+24,884
| +32% | +$2.1M |
|
|
ABVX
2145
Abivax
ABVX
$11B
| $8.39M | ﹤0.01% |
75,366
+12,524
| +20% | +$1.48M |
|
2146
Pinterest
PINS
$12.4B
| $8.38M | ﹤0.01% |
457,025
-219,161
| -32% | -$4.57M |
|
2147
State Street SPDR US Small Cap Low Volatility Index ETF
SMLV
$257M
| $8.38M | ﹤0.01% |
61,138
-4,309
| -7% | -$598K |
|
2148
Alger Mid Cap 40 ETF
FRTY
$139M
| $8.38M | ﹤0.01% |
430,053
-77,892
| -15% | -$1.62M |
|
2149
ProShares S&P Technology Dividend Aristocrats ETF
TDV
$265M
| $8.36M | ﹤0.01% |
98,635
+4,052
| +4% | +$358K |
|
2150
FlexShares STOXX US ESG Select Index Fund
ESG
$131M
| $8.34M | ﹤0.01% |
54,963
+3,976
| +8% | +$629K |
|
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.