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 | |
|---|---|---|---|---|---|---|
2376
Western Alliance Bancorporation
WAL
$9.07B
| $6.72M | ﹤0.01% |
94,793
-31,126
| -25% | -$2.59M |
|
2377
FT Vest US Equity Deep Buffer ETF August
DAUG
$368M
| $6.71M | ﹤0.01% |
154,130
+10,396
| +7% | +$461K |
|
2378
Simplify Commodities Strategy No K-1 ETF
HARD
$83.8M
| $6.7M | ﹤0.01% |
+189,518
| New | +$6.15M |
|
2379
NEOS Enhanced Income Aggregate Bond ETF
BNDI
$185M
| $6.7M | ﹤0.01% |
141,920
+17,893
| +14% | +$850K |
|
2380
Invesco BulletShares 2033 Municipal Bond ETF
BSSX
$131M
| $6.7M | ﹤0.01% |
263,451
-23,511
| -8% | -$609K |
|
2381
ASE Group
ASX
$80.8B
| $6.68M | ﹤0.01% |
308,102
+133,904
| +77% | +$2.82M |
|
|
EOI
2382
Eaton Vance Enhanced Equity Income Fund
EOI
$808M
| $6.67M | ﹤0.01% |
355,211
+96,094
| +37% | +$1.94M |
|
2383
BlackRock Capital Allocation Term Trust
BCAT
$1.6B
| $6.67M | ﹤0.01% |
471,996
+70,821
| +18% | +$1.04M |
|
2384
iShares Gold Trust Micro
IAUM
$6.36B
| $6.66M | ﹤0.01% |
142,545
+20,727
| +17% | +$1.01M |
|
|
BELFB
2385
Bel Fuse Inc Class B
BELFB
$3.88B
| $6.66M | ﹤0.01% |
33,618
+19,197
| +133% | +$4.01M |
|
2386
VictoryShares Dividend Accelerator ETF
VSDA
$244M
| $6.65M | ﹤0.01% |
122,015
-2,621
| -2% | -$147K |
|
2387
Federated Hermes
FHI
$4.4B
| $6.65M | ﹤0.01% |
117,260
+369
| +0.3% | +$20.2K |
|
2388
ImmunityBio
IBRX
$7.44B
| $6.63M | ﹤0.01% |
864,630
+406,571
| +89% | +$2.78M |
|
2389
Antero Resources
AR
$10.9B
| $6.61M | ﹤0.01% |
155,660
-62,144
| -29% | -$2.27M |
|
2390
GraniteShares Platinum Shares
PLTM
$173M
| $6.61M | ﹤0.01% |
349,346
-48,381
| -12% | -$1.02M |
|
|
KRMN
2391
Karman Holdings
KRMN
$6.29B
| $6.59M | ﹤0.01% |
82,324
+57,960
| +238% | +$5.59M |
|
|
MYCG
2392
State Street My2027 Corporate Bond ETF
MYCG
$36.2M
| $6.59M | ﹤0.01% |
263,564
+32,999
| +14% | +$826K |
|
2393
Matador Resources
MTDR
$6.31B
| $6.57M | ﹤0.01% |
104,009
+27,088
| +35% | +$1.36M |
|
2394
Murphy USA
MUSA
$11.3B
| $6.57M | ﹤0.01% |
13,300
+1,264
| +11% | +$541K |
|
2395
OSI Systems
OSIS
$3.57B
| $6.56M | ﹤0.01% |
24,709
+131
| +0.5% | +$36.2K |
|
2396
SS&C Technologies
SSNC
$17.8B
| $6.55M | ﹤0.01% |
96,935
-32,134
| -25% | -$2.47M |
|
|
NVMI
2397
Nova
NVMI
$13.9B
| $6.54M | ﹤0.01% |
15,061
+3,215
| +27% | +$1.42M |
|
2398
iShares Core 10+ Year USD Bond ETF
ILTB
$596M
| $6.54M | ﹤0.01% |
133,533
+19,101
| +17% | +$952K |
|
2399
CareTrust REIT
CTRE
$10.2B
| $6.51M | ﹤0.01% |
177,614
+12,217
| +7% | +$469K |
|
|
BBT
2400
Beacon Financial Corp
BBT
$2.53B
| $6.5M | ﹤0.01% |
216,611
+418
| +0.2% | +$12.2K |
|
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.