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 |
iShares Core S&P 500 ETF
IVV
|
+$2.33B |
| 2 |
iShares Core Universal USD Bond ETF
IUSB
|
+$687M |
| 3 |
IALT
iShares Systematic Alternatives Active ETF
IALT
|
+$610M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
+$495M |
| 5 |
CORO
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 |
THRO
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 | |
|---|---|---|---|---|---|---|
2501
A.O. Smith
AOS
$7.8B
| $6.88M | ﹤0.01% |
109,638
+6,923
| +7% | +$420K |
|
|
WBS
2502
DELISTED
Webster Financial
WBS
| $6.87M | ﹤0.01% |
89,892
+2,472
| +3% | +$180K |
|
|
CHW
2503
Calamos Global Dynamic Income Fund
CHW
$535M
| $6.87M | ﹤0.01% |
770,907
-229,127
| -23% | -$1.95M |
|
2504
Advanced Drainage Systems
WMS
$9.76B
| $6.84M | ﹤0.01% |
43,590
+656
| +2% | +$93.7K |
|
2505
First Trust Horizon Managed Volatility Small/Mid ETF
HSMV
$9.46M
| $6.83M | ﹤0.01% |
178,434
+6,606
| +4% | +$248K |
|
|
NCV
2506
Virtus Convertible & Income Fund
NCV
$369M
| $6.82M | ﹤0.01% |
387,995
+17,648
| +5% | +$298K |
|
2507
Global X Variable Rate Preferred ETF
PFFV
$313M
| $6.82M | ﹤0.01% |
309,674
+47,950
| +18% | +$1.06M |
|
2508
Columbia India Consumer ETF
INCO
$222M
| $6.82M | ﹤0.01% |
114,356
-27,444
| -19% | -$1.61M |
|
2509
SSR Mining
SSRM
$7.47B
| $6.82M | ﹤0.01% |
241,016
-9,370
| -4% | -$285K |
|
2510
Nutanix
NTNX
$18B
| $6.81M | ﹤0.01% |
133,637
+15,149
| +13% | +$685K |
|
|
MYCG
2511
State Street My2027 Corporate Bond ETF
MYCG
$43.6M
| $6.79M | ﹤0.01% |
271,876
+8,312
| +3% | +$208K |
|
2512
Regal Rexnord
RRX
$10.7B
| $6.79M | ﹤0.01% |
28,522
-4,264
| -13% | -$891K |
|
2513
Agree Realty
ADC
$8.85B
| $6.79M | ﹤0.01% |
89,695
+6,880
| +8% | +$521K |
|
2514
FT Vest US Equity Buffer ETF July
FJUL
$1.29B
| $6.79M | ﹤0.01% |
114,070
-12,033
| -10% | -$701K |
|
|
QSIG
2515
WisdomTree U.S. Short Term Corporate Bond Fund
QSIG
$52.5M
| $6.79M | ﹤0.01% |
140,532
-8,164
| -5% | -$396K |
|
2516
iShares Global Materials ETF
MXI
$387M
| $6.78M | ﹤0.01% |
64,036
-31,334
| -33% | -$3.46M |
|
2517
BlackRock Debt Strategies Fund
DSU
$605M
| $6.75M | ﹤0.01% |
696,289
-10,201
| -1% | -$99.9K |
|
2518
WisdomTree US AI Enhanced Value Fund
AIVL
$418M
| $6.75M | ﹤0.01% |
51,487
+734
| +1% | +$91.3K |
|
|
NATO
2519
Themes Transatlantic Defense ETF
NATO
$96M
| $6.74M | ﹤0.01% |
165,995
+14,814
| +10% | +$586K |
|
2520
RLI Corp
RLI
$5.51B
| $6.71M | ﹤0.01% |
113,648
-13,682
| -11% | -$734K |
|
2521
Star Bulk Carriers
SBLK
$3.45B
| $6.71M | ﹤0.01% |
268,577
-4,186
| -2% | -$108K |
|
2522
AllianzIM U.S. Equity Buffer20 Mar ETF
MARW
$85.2M
| $6.71M | ﹤0.01% |
185,697
-1,841
| -1% | -$65.6K |
|
|
DXYZ
2523
Destiny Tech100
DXYZ
$993M
| $6.7M | ﹤0.01% |
259,921
+52,333
| +25% | +$1.97M |
|
2524
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$570M
| $6.69M | ﹤0.01% |
62,719
+12,054
| +24% | +$1.25M |
|
2525
RELX
RELX
$58.8B
| $6.69M | ﹤0.01% |
211,154
+8,091
| +4% | +$274K |
|
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.