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 | |
|---|---|---|---|---|---|---|
2676
Chewy
CHWY
$7.97B
| $5.69M | ﹤0.01% |
289,597
+89,053
| +44% | +$2.02M |
|
2677
WisdomTree Japan SmallCap Dividend Fund
DFJ
$441M
| $5.69M | ﹤0.01% |
54,009
+3,662
| +7% | +$387K |
|
2678
Leonardo DRS
DRS
$9.72B
| $5.69M | ﹤0.01% |
133,234
+70
| +0.1% | +$3.11K |
|
2679
Xtrackers MSCI Japan Hedged Equity ETF
DBJP
$712M
| $5.68M | ﹤0.01% |
49,522
+24,996
| +102% | +$2.74M |
|
2680
AAR Corp
AIR
$5.07B
| $5.68M | ﹤0.01% |
39,759
+18,362
| +86% | +$2.17M |
|
2681
Franklin FTSE Japan Hedged ETF
FLJH
$200M
| $5.68M | ﹤0.01% |
124,443
+39,429
| +46% | +$1.72M |
|
|
FTMS
2682
Franklin Short-Term Municipal Income ETF
FTMS
$192M
| $5.67M | ﹤0.01% |
570,452
-10,842
| -2% | -$108K |
|
2683
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.78B
| $5.67M | ﹤0.01% |
145,131
+4,162
| +3% | +$166K |
|
2684
Northern Trust International Quality Dividend Dynamic ETF
IQDY
$114M
| $5.66M | ﹤0.01% |
132,518
-101
| -0.1% | -$4.2K |
|
2685
Virtu Financial
VIRT
$5.47B
| $5.66M | ﹤0.01% |
94,960
-6,567
| -6% | -$345K |
|
|
NNE
2686
Nano Nuclear Energy
NNE
$928M
| $5.66M | ﹤0.01% |
267,503
+6,349
| +2% | +$156K |
|
2687
abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF
BCD
$447M
| $5.65M | ﹤0.01% |
165,348
-15,492
| -9% | -$565K |
|
2688
Matador Resources
MTDR
$7.53B
| $5.62M | ﹤0.01% |
112,908
+8,899
| +9% | +$506K |
|
2689
BrightSpring Health Services
BTSG
$11.7B
| $5.6M | ﹤0.01% |
80,323
+16,580
| +26% | +$921K |
|
2690
Innovator Growth-100 Power Buffer ETF July
NJUL
$272M
| $5.59M | ﹤0.01% |
72,248
+19,427
| +37% | +$1.48M |
|
2691
Equity Lifestyle Properties
ELS
$11.6B
| $5.59M | ﹤0.01% |
86,700
-9,088
| -9% | -$574K |
|
|
IAUI
2692
NEOS Gold High Income ETF
IAUI
$594M
| $5.59M | ﹤0.01% |
115,326
+55,177
| +92% | +$3.02M |
|
2693
Invesco Dorsey Wright Utilities Momentum ETF
PUI
$52.7M
| $5.59M | ﹤0.01% |
117,452
+5,964
| +5% | +$282K |
|
2694
PUT
Amazon
AMZN
$2.77T
| $5.58M | ﹤0.01% |
23,400
+9,700
| +71% | +$2.43M |
|
2695
Independence Realty Trust
IRT
$3.59B
| $5.58M | ﹤0.01% |
334,131
+2,611
| +0.8% | +$42.3K |
|
2696
Crane Co
CR
$11.7B
| $5.57M | ﹤0.01% |
24,979
-10,746
| -30% | -$2.03M |
|
2697
Range Resources
RRC
$9.67B
| $5.57M | ﹤0.01% |
149,822
-33,607
| -18% | -$1.36M |
|
2698
Innovator US Small Cap Power Buffer ETF January
KJAN
$320M
| $5.56M | ﹤0.01% |
121,791
+16,048
| +15% | +$711K |
|
2699
Ubiquiti
UI
$33.5B
| $5.55M | ﹤0.01% |
10,402
-2,578
| -20% | -$1.94M |
|
|
MYCF
2700
State Street My2026 Corporate Bond ETF
MYCF
$50M
| $5.55M | ﹤0.01% |
221,400
+2,112
| +1% | +$52.9K |
|
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.