LPL Financial Portfolio holdings
LPL Financial LLC is a subsidiary of LPL Financial Holdings, an independent brokerage business in the United States. The group offers brokerage and advice services to independent financial advisors and to advisors working at financial institutions, giving their clients access to a wide range of products it does not make itself. The group was formed in 1989 by merging two brokerage firms, Linsco, started in 1968 as Life Insurance Securities Corp, and Private Ledger, started in 1973. LPL Financial Holdings listed on the Nasdaq in 2010, bought Waddell & Reed's wealth management business in 2021 and announced a deal for Commonwealth Financial Network in 2025.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$2.33B |
| 2 |
iShares Core Universal USD Bond ETF
IUSB
|
+$687M |
| 3 |
iShares Systematic Alternatives Active ETF
IALT
|
+$610M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
+$495M |
| 5 |
iShares International Country Rotation Active ETF
CORO
|
+$455M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$592M |
| 2 |
iShares MSCI EAFE Value ETF
EFV
|
+$569M |
| 3 |
iShares Core International Aggregate Bond Fund
IAGG
|
+$352M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$332M |
| 5 |
iShares U.S. Thematic Rotation Active ETF
THRO
|
+$218M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 74.82% |
| 2 | Technology | 8.89% |
| 3 | Financials | 3.03% |
| 4 | Industrials | 2.69% |
| 5 | Consumer Discretionary | 2.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
iShares Core S&P 500 ETF
IVV
$874B
| $11.1B | 2.49% |
14,782,609
+3,195,619
| +28% | +$2.33B |
2013 Q2
52 quarters
|
|
2
Invesco QQQ Trust
QQQ
$470B
| $7.81B | 1.75% |
10,606,761
+48,330
| +0.5% | +$33.3M |
2013 Q2
52 quarters
|
|
3
State Street SPDR S&P 500 ETF Trust
SPY
$806B
| $7.39B | 1.66% |
9,899,502
-63,465
| -0.6% | -$46M |
2013 Q2
52 quarters
|
|
4
Apple
AAPL
$5.04T
| $7.02B | 1.58% |
24,255,694
+560,090
| +2% | +$160M |
2013 Q2
52 quarters
|
|
5
NVIDIA
NVDA
$4.99T
| $6.86B | 1.54% |
34,302,392
+799,232
| +2% | +$164M |
2013 Q2
52 quarters
|
|
6
State Street SPDR Portfolio S&P 500 ETF
SPYM
$182B
| $5.57B | 1.25% |
63,355,614
+4,695,076
| +8% | +$401M |
2015 Q1
45 quarters
|
|
7
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$54.2B
| $4.83B | 1.09% |
40,632,371
+801,892
| +2% | +$91.7M |
2013 Q2
52 quarters
|
|
8
iShares Core MSCI EAFE ETF
IEFA
$190B
| $4.61B | 1.04% |
47,763,542
+1,734,027
| +4% | +$167M |
2016 Q4
38 quarters
|
|
9
Vanguard S&P 500 ETF
VOO
$1.03T
| $4.55B | 1.02% |
6,623,289
+221,921
| +3% | +$148M |
2013 Q2
52 quarters
|
|
10
Amazon
AMZN
$2.58T
| $4.08B | 0.92% |
17,124,075
+347,319
| +2% | +$87.2M |
2013 Q2
52 quarters
|
|
11
Microsoft
MSFT
$3.87T
| $4.01B | 0.9% |
10,760,740
+423,143
| +4% | +$171M |
2013 Q2
52 quarters
|
|
12
Capital Group Dividend Value ETF
CGDV
$39.7B
| $4B | 0.9% |
81,072,273
+9,221,800
| +13% | +$434M |
2022 Q2
16 quarters
|
|
|
13
iShares Core MSCI Emerging Markets ETF
IEMG
$147B
| $3.98B | 0.89% |
48,071,491
-4,160,035
| -8% | -$332M |
2016 Q4
38 quarters
|
|
14
Vanguard Morningstar Total Stock Market ETF
VTI
$688B
| $3.81B | 0.86% |
10,308,028
-17,277
| -0.2% | -$6.18M |
2016 Q4
38 quarters
|
|
|
15
iShares US Treasury Bond ETF
GOVT
$42.9B
| $3.7B | 0.83% |
162,613,206
+21,722,544
| +15% | +$495M |
2013 Q2
52 quarters
|
|
16
Invesco NASDAQ 100 ETF
QQQM
$105B
| $3.55B | 0.8% |
11,727,434
+1,201,251
| +11% | +$340M |
2021 Q1
21 quarters
|
|
17
BlackRock US Equity Factor Rotation ETF
DYNF
$41.8B
| $3.32B | 0.75% |
48,787,074
+4,986,052
| +11% | +$324M |
2023 Q4
10 quarters
|
|
18
Alphabet (Google) Class A
GOOGL
$3.45T
| $3.25B | 0.73% |
9,098,048
+214,569
| +2% | +$77.2M |
2015 Q4
42 quarters
|
|
19
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$38.9B
| $3.16B | 0.71% |
52,010,628
+524,937
| +1% | +$31.4M |
2013 Q2
52 quarters
|
|
20
State Street Technology Select Sector SPDR ETF
XLK
$119B
| $3.01B | 0.68% |
15,806,183
+91,240
| +0.6% | +$15.6M |
2013 Q2
52 quarters
|
|
21
iShares S&P 500 Growth ETF
IVW
$74.8B
| $2.97B | 0.67% |
21,564,794
+675,541
| +3% | +$89.2M |
2013 Q2
52 quarters
|
|
|
22
iShares MSCI USA Quality Factor ETF
QUAL
$48.6B
| $2.93B | 0.66% |
13,335,529
-2,820,843
| -17% | -$592M |
2014 Q2
48 quarters
|
|
23
Vanguard Russell 1000 Value ETF
VONV
$22.7B
| $2.88B | 0.65% |
27,064,856
+913,097
| +3% | +$93.3M |
2013 Q2
52 quarters
|
|
24
Vanguard Morningstar Growth ETF
VUG
$221B
| $2.87B | 0.65% |
33,367,717
+992,725
| +3% | +$83.5M |
2013 Q2
52 quarters
|
|
|
25
iShares Core Universal USD Bond ETF
IUSB
$49.9B
| $2.87B | 0.64% |
62,170,177
+14,887,671
| +31% | +$687M |
2015 Q2
44 quarters
|
|
Similar funds
LPL Financial's Q2 2026 Portfolio in Review
As of Q2 2026, LPL Financial held 6,394 positions worth $445B, up 18% from $377B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
LPL Financial deployed $24B of net new capital in Q2 2026, opening 411 new positions and adding to 3,508 existing holdings. Its largest new stake was iShares Systematic Alternatives Active ETF: 21,732,229 shares worth $610M.
By sector, the portfolio is most concentrated in Miscellaneous at 75% of assets, up from 75% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares MSCI USA Quality Factor ETF, an estimated $592M trimmed.
- LPL Financial's largest Q2 2026 buy was iShares Systematic Alternatives Active ETF: 21,732,229 shares worth $610M.
- LPL Financial added most to iShares Core S&P 500 ETF in Q2 2026, an estimated $2.33B increase.
- LPL Financial's biggest Q2 2026 reduction was iShares MSCI USA Quality Factor ETF, cutting an estimated $592M.
- LPL Financial fully exited Coterra Energy in Q2 2026, selling an estimated $14.6M.
- LPL Financial's ten largest holdings make up 14% of its $445B portfolio in Q2 2026.
- LPL Financial opened 411 new positions and closed 194 in Q2 2026.
- LPL Financial's portfolio value rose 18% quarter-over-quarter to $445B.
Based on LPL Financial's 13F filing for Q2 2026, filed 7 Aug 2026.