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 | |
|---|---|---|---|---|---|---|
2176
Las Vegas Sands
LVS
$30.5B
| $8.08M | ﹤0.01% |
149,962
-15,892
| -10% | -$904K |
|
2177
Neuberger Small-Mid Cap ETF
NBSM
$113M
| $8.07M | ﹤0.01% |
320,403
-77,762
| -20% | -$2.04M |
|
2178
iShares S&P India Nifty 50 Index Fund
INDY
$545M
| $8.07M | ﹤0.01% |
191,123
+41,728
| +28% | +$1.94M |
|
2179
Samsara
IOT
$19.3B
| $8.06M | ﹤0.01% |
254,195
-54,428
| -18% | -$1.66M |
|
2180
Nuveen ESG Emerging Markets Equity ETF
NUEM
$367M
| $8.04M | ﹤0.01% |
218,820
+15,953
| +8% | +$600K |
|
2181
FT Vest Growth-100 Buffer ETF June
QJUN
$646M
| $8.03M | ﹤0.01% |
257,070
-910
| -0.4% | -$29K |
|
2182
Essex Property Trust
ESS
$18.9B
| $8.03M | ﹤0.01% |
33,189
-726
| -2% | -$183K |
|
|
FSGS
2183
First Trust SMID Growth Strength ETF
FSGS
$30.1M
| $8.03M | ﹤0.01% |
274,818
+16
| +0% | +$489 |
|
2184
Universal Health Services
UHS
$9.43B
| $8.02M | ﹤0.01% |
44,830
-6,373
| -12% | -$1.31M |
|
2185
Zebra Technologies
ZBRA
$12.4B
| $8.01M | ﹤0.01% |
38,316
+7,463
| +24% | +$1.75M |
|
2186
Adaptive Hedged Multi-Asset Income ETF
AMAX
$67.1M
| $8.01M | ﹤0.01% |
1,042,341
+316,286
| +44% | +$2.54M |
|
2187
Saia
SAIA
$11.3B
| $8M | ﹤0.01% |
22,786
+319
| +1% | +$116K |
|
|
ELCV
2188
Eventide High Dividend ETF
ELCV
$254M
| $8M | ﹤0.01% |
275,970
+28,329
| +11% | +$810K |
|
2189
Genpact
G
$5.3B
| $7.97M | ﹤0.01% |
214,075
+54,036
| +34% | +$2.23M |
|
2190
iShares Inflation Hedged Corporate Bond ETF
LQDI
$69.6M
| $7.97M | ﹤0.01% |
304,814
-6,574
| -2% | -$174K |
|
2191
Alcon
ALC
$33.1B
| $7.97M | ﹤0.01% |
105,723
+257
| +0.2% | +$20.5K |
|
2192
American Conservative Values ETF
ACVF
$149M
| $7.96M | ﹤0.01% |
167,276
+2,883
| +2% | +$143K |
|
|
WCN
2193
Waste Connections
WCN
$42.8B
| $7.96M | ﹤0.01% |
49,026
-10,416
| -18% | -$1.74M |
|
2194
Axsome Therapeutics
AXSM
$12.4B
| $7.96M | ﹤0.01% |
47,111
+16,703
| +55% | +$2.89M |
|
2195
Ball Corp
BALL
$17B
| $7.96M | ﹤0.01% |
134,702
-15,645
| -10% | -$951K |
|
2196
Hess Midstream
HESM
$5.22B
| $7.95M | ﹤0.01% |
204,564
+6,058
| +3% | +$224K |
|
2197
Nuveen Municipal High Income Opportunity Fund
NMZ
$2.2B
| $7.93M | ﹤0.01% |
764,071
+33,048
| +5% | +$345K |
|
2198
FT Vest US Equity Moderate Buffer ETF January
GJAN
$437M
| $7.93M | ﹤0.01% |
189,145
+96,349
| +104% | +$4.12M |
|
2199
Fidelity Quality Factor ETF
FQAL
$1.41B
| $7.93M | ﹤0.01% |
109,176
+23,046
| +27% | +$1.74M |
|
2200
Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
$349M
| $7.92M | ﹤0.01% |
182,638
+155,469
| +572% | +$6.95M |
|
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.