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 | |
|---|---|---|---|---|---|---|
2751
SoFi Select 500 ETF
SFY
$691M
| $5.26M | ﹤0.01% |
35,330
-1,312
| -4% | -$188K |
|
2752
Equinor
EQNR
$107B
| $5.26M | ﹤0.01% |
167,477
+53,577
| +47% | +$2M |
|
2753
Avantis Emerging Markets ex-China Equity ETF
AVXC
$469M
| $5.25M | ﹤0.01% |
61,304
+11,475
| +23% | +$914K |
|
2754
Burlington
BURL
$14.9B
| $5.24M | ﹤0.01% |
16,536
+445
| +3% | +$144K |
|
2755
EPR Properties
EPR
$4.54B
| $5.22M | ﹤0.01% |
90,033
-594
| -0.7% | -$33.8K |
|
2756
OSI Systems
OSIS
$3.25B
| $5.22M | ﹤0.01% |
23,880
-829
| -3% | -$203K |
|
2757
The Mosaic Company
MOS
$8.2B
| $5.21M | ﹤0.01% |
245,988
+43,112
| +21% | +$997K |
|
2758
AptarGroup
ATR
$7.91B
| $5.21M | ﹤0.01% |
41,606
-308
| -0.7% | -$37.4K |
|
2759
Enlight Renewable Energy
ENLT
$10.4B
| $5.2M | ﹤0.01% |
58,442
+13,850
| +31% | +$1.22M |
|
2760
Ovintiv
OVV
$17.6B
| $5.2M | ﹤0.01% |
98,771
+14,599
| +17% | +$834K |
|
2761
JFrog
FROG
$11B
| $5.2M | ﹤0.01% |
57,219
+33,182
| +138% | +$2.16M |
|
2762
FT Vest US Equity Buffer ETF August
FAUG
$1.31B
| $5.2M | ﹤0.01% |
91,941
-9,612
| -9% | -$531K |
|
2763
On Holding
ONON
$9.22B
| $5.19M | ﹤0.01% |
146,456
-73,401
| -33% | -$2.68M |
|
2764
Alpha Architect International Quantitative Momentum ETF
IMOM
$157M
| $5.19M | ﹤0.01% |
119,829
+92,396
| +337% | +$4.07M |
|
|
FUND
2765
Sprott Focus Trust
FUND
$316M
| $5.16M | ﹤0.01% |
543,929
+5,799
| +1% | +$57.9K |
|
2766
Invesco ESG NASDAQ 100 ETF
QQMG
$199M
| $5.15M | ﹤0.01% |
100,524
+17,137
| +21% | +$814K |
|
2767
Host Hotels & Resorts
HST
$15.4B
| $5.15M | ﹤0.01% |
217,168
-9,867
| -4% | -$220K |
|
2768
Northern Trust High Yield Value-Scored Bond ETF
HYGV
$1.06B
| $5.15M | ﹤0.01% |
127,803
-20,103
| -14% | -$809K |
|
|
MSIF
2769
MSC Income Fund Inc
MSIF
$566M
| $5.14M | ﹤0.01% |
444,595
-9,997
| -2% | -$122K |
|
2770
StepStone Group
STEP
$4.09B
| $5.14M | ﹤0.01% |
124,366
+108,817
| +700% | +$5.39M |
|
2771
Pinnacle Financial Partners Inc
PNFP
$14.9B
| $5.14M | ﹤0.01% |
50,937
-2,911
| -5% | -$279K |
|
2772
Watts Water Technologies
WTS
$11.8B
| $5.13M | ﹤0.01% |
13,104
+1,427
| +12% | +$445K |
|
2773
Innovator Growth-100 Power Buffer ETF October
NOCT
$227M
| $5.13M | ﹤0.01% |
81,991
-2,025
| -2% | -$123K |
|
|
BTO
2774
John Hancock Financial Opportunities Fund
BTO
$774M
| $5.13M | ﹤0.01% |
130,039
+2,159
| +2% | +$80.1K |
|
2775
Oshkosh
OSK
$9.17B
| $5.12M | ﹤0.01% |
33,372
+3,938
| +13% | +$555K |
|
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.