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 | |
|---|---|---|---|---|---|---|
2701
iShares Agency Bond ETF
AGZ
$629M
| $5.55M | ﹤0.01% |
50,780
+1,211
| +2% | +$132K |
|
2702
Brandes International ETF
BINV
$528M
| $5.54M | ﹤0.01% |
132,071
-5,016
| -4% | -$214K |
|
2703
UiPath
PATH
$7.35B
| $5.53M | ﹤0.01% |
508,739
+86,789
| +21% | +$927K |
|
2704
Delek US
DK
$4.76B
| $5.52M | ﹤0.01% |
108,693
+27,510
| +34% | +$1.22M |
|
2705
Innovator US Equity Buffer ETF January
BJAN
$349M
| $5.51M | ﹤0.01% |
93,659
-2,711
| -3% | -$156K |
|
2706
Gildan
GIL
$8.99B
| $5.51M | ﹤0.01% |
106,752
+8,387
| +9% | +$482K |
|
2707
Knife River
KNF
$3.27B
| $5.5M | ﹤0.01% |
65,784
+10,431
| +19% | +$862K |
|
2708
Strategas Macro Thematic Opportunities ETF
SAMT
$793M
| $5.5M | ﹤0.01% |
115,202
+81,431
| +241% | +$3.6M |
|
2709
First Trust Exchange-Traded Fund II First Trust S-Network Future Vehicles & Technology ETF
CARZ
$47.7M
| $5.5M | ﹤0.01% |
46,368
+4,925
| +12% | +$527K |
|
2710
abrdn Physical Palladium Shares ETF
PALL
$702M
| $5.49M | ﹤0.01% |
248,720
-65,810
| -21% | -$1.68M |
|
2711
Avantis Responsible International Equity ETF
AVSD
$360M
| $5.48M | ﹤0.01% |
68,646
+8,148
| +13% | +$643K |
|
2712
Dimensional World Equity ETF
DFAW
$1.68B
| $5.48M | ﹤0.01% |
66,218
+6,730
| +11% | +$543K |
|
2713
InterContinental Hotels
IHG
$22.6B
| $5.48M | ﹤0.01% |
31,663
+6,436
| +26% | +$984K |
|
2714
iShares ESG MSCI USA Leaders ETF
SUSL
$1.2B
| $5.47M | ﹤0.01% |
41,239
+3,883
| +10% | +$496K |
|
2715
Cipher Digital
CIFR
$6.91B
| $5.47M | ﹤0.01% |
223,425
+41,476
| +23% | +$875K |
|
2716
SPX Corp
SPXC
$9.51B
| $5.46M | ﹤0.01% |
22,274
+1,239
| +6% | +$271K |
|
2717
Telefônica Brasil
VIV
$19.1B
| $5.44M | ﹤0.01% |
413,473
+27,806
| +7% | +$406K |
|
2718
Invesco Galaxy Bitcoin ETF
BTCO
$425M
| $5.44M | ﹤0.01% |
93,104
-754
| -0.8% | -$53.9K |
|
|
IGR
2719
CBRE Global Real Estate Income Fund
IGR
$640M
| $5.43M | ﹤0.01% |
392,904
+15,021
| +4% | +$209K |
|
|
ETB
2720
Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
$455M
| $5.43M | ﹤0.01% |
349,617
+15,537
| +5% | +$237K |
|
|
FTMU
2721
Franklin Municipal Income ETF
FTMU
$451M
| $5.41M | ﹤0.01% |
682,466
+168,634
| +33% | +$1.33M |
|
2722
Charles River Laboratories
CRL
$13.2B
| $5.41M | ﹤0.01% |
23,851
-2,150
| -8% | -$383K |
|
2723
Griffon
GFF
$4.35B
| $5.41M | ﹤0.01% |
55,454
+377
| +0.7% | +$32.9K |
|
2724
Ambev
ABEV
$46.9B
| $5.41M | ﹤0.01% |
1,721,555
+123,305
| +8% | +$385K |
|
2725
Trex
TREX
$4.47B
| $5.4M | ﹤0.01% |
107,950
-18,618
| -15% | -$772K |
|
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.