§ 13F · FUND PROFILE
LPL Financial LLC.
Wealth platform, independent advisors
AUM · $343.1B (13F)Positions · 5793Turnover · 95% · Q1Filed · May 6, 2026
CONCENTRATION
14%
Top 10 holdings
NEW BUYS
+313
+$1.4B deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → OTHER
-1pp · +0pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED MAY 6, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | IVV | ISHARES TR | 11.59M | $7.6B | 2.0% | +11% |
| 2 | SPY | STATE STR SPDR S&P 500 ETF T | 9.96M | $6.5B | 1.7% | −2% |
| 3 | QQQ | INVESCO QQQ TR | 10.56M | $6.1B | 1.6% | −1% |
| 4 | AAPL | APPLE INC | 23.70M | $6.0B | 1.6% | ±0% |
| 5 | NVDA | NVIDIA CORPORATION | 33.50M | $5.8B | 1.6% | +1% |
| 6 | SPYM | SPDR SERIES TRUST | 58.66M | $4.5B | 1.2% | +14% |
| 7 | IEFA | ISHARES TR | 46.03M | $4.2B | 1.1% | +13% |
| 8 | SPYG | SPDR SERIES TRUST | 39.83M | $3.9B | 1.0% | −1% |
| 9 | MSFT | MICROSOFT CORP | 10.34M | $3.8B | 1.0% | +3% |
| 10 | VOO | VANGUARD INDEX FDS | 6.40M | $3.8B | 1.0% | −6% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other12.5% (±0)
Technology3.9% (−1pp)
Semiconductors3.2% (±0)
Retail2.1% (±0)
Media2.0% (±0)
Energy1.4%
§ 03 · THE LPL SIGNAL
AC read
LPL Financial LLC is a Other fund managing $343.1 billion in assets. The fund runs a massive portfolio of 5,793 positions, broad diversification across holdings. Trading activity is aggressive at 95% quarterly turnover, with 313 new positions and 0 exits last quarter. Top sector allocations: Other (13%), Technology (4%), Semiconductors (3%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
2 FILINGS
Q1 2026
Busy quarter
+313 buys · −0 exits · 5370 changed
Q4 2025
Busy quarter
+308 buys · −0 exits · 5275 changed
Q3 2025
Busy quarter
+402 buys · −0 exits · 5095 changed
Q2 2025
Busy quarter
+336 buys · −0 exits · 4954 changed