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 | |
|---|---|---|---|---|---|---|
2351
FT Vest US Equity Buffer ETF April
FAPR
$1.26B
| $6.88M | ﹤0.01% |
153,151
+1,482
| +1% | +$66.2K |
|
2352
Invesco Biotechnology & Genome ETF
PBE
$281M
| $6.87M | ﹤0.01% |
86,740
-10,564
| -11% | -$854K |
|
2353
JD.com
JD
$40.8B
| $6.84M | ﹤0.01% |
231,438
-19,249
| -8% | -$544K |
|
2354
Davis Select International ETF
DINT
$279M
| $6.84M | ﹤0.01% |
254,198
+53,256
| +27% | +$1.52M |
|
2355
Jazz Pharmaceuticals
JAZZ
$15.9B
| $6.84M | ﹤0.01% |
36,155
+10,575
| +41% | +$1.85M |
|
2356
Fair Isaac
FICO
$28.7B
| $6.83M | ﹤0.01% |
6,402
-2,421
| -27% | -$3.32M |
|
2357
MACOM Technology Solutions
MTSI
$20.4B
| $6.83M | ﹤0.01% |
30,759
+11,482
| +60% | +$2.56M |
|
2358
Centene
CNC
$31.3B
| $6.83M | ﹤0.01% |
208,621
-86,197
| -29% | -$3.53M |
|
2359
Teck Resources
TECK
$29.5B
| $6.82M | ﹤0.01% |
131,819
-3,887
| -3% | -$208K |
|
2360
Invesco Trust Investment Grade Municipals
VGM
$549M
| $6.82M | ﹤0.01% |
690,510
-164,954
| -19% | -$1.7M |
|
2361
United Therapeutics
UTHR
$26.3B
| $6.81M | ﹤0.01% |
11,492
+1,306
| +13% | +$650K |
|
2362
Nuveen California Quality Municipal Income Fund
NAC
$1.83B
| $6.8M | ﹤0.01% |
584,085
+24,128
| +4% | +$286K |
|
2363
Nuveen ESG International Developed Markets Equity ETF
NUDM
$694M
| $6.8M | ﹤0.01% |
188,238
+7,067
| +4% | +$266K |
|
|
NIE
2364
Virtus Equity & Convertible Income Fund
NIE
$718M
| $6.79M | ﹤0.01% |
290,709
+20,764
| +8% | +$518K |
|
2365
Ally Financial
ALLY
$13.1B
| $6.79M | ﹤0.01% |
173,052
+655
| +0.4% | +$27K |
|
2366
BlackRock Debt Strategies Fund
DSU
$591M
| $6.78M | ﹤0.01% |
706,490
-28,749
| -4% | -$287K |
|
2367
A.O. Smith
AOS
$8.38B
| $6.77M | ﹤0.01% |
102,715
-3,256
| -3% | -$235K |
|
2368
Kinsale Capital Group
KNSL
$7.95B
| $6.77M | ﹤0.01% |
19,824
-119
| -0.6% | -$45.1K |
|
2369
Fidelity Stocks for Inflation ETF
FCPI
$277M
| $6.77M | ﹤0.01% |
137,768
+408
| +0.3% | +$20.6K |
|
2370
CION Investment
CION
$297M
| $6.77M | ﹤0.01% |
989,153
+55,168
| +6% | +$464K |
|
2371
Pinnacle Focused Opportunities ETF
FCUS
$82.7M
| $6.76M | ﹤0.01% |
+187,981
| New | +$6.91M |
|
2372
Parametric Equity Premium Income ETF
PAPI
$427M
| $6.75M | ﹤0.01% |
246,792
+104,092
| +73% | +$2.86M |
|
2373
Prestige Consumer Healthcare
PBH
$2.35B
| $6.74M | ﹤0.01% |
113,743
+7,473
| +7% | +$485K |
|
2374
RELX
RELX
$60.1B
| $6.73M | ﹤0.01% |
203,063
+9,992
| +5% | +$351K |
|
2375
Northwest Bancshares
NWBI
$2.25B
| $6.73M | ﹤0.01% |
530,016
+16,977
| +3% | +$214K |
|
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.