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 | |
|---|---|---|---|---|---|---|
2801
Energy Fuels
UUUU
$3.54B
| $4.99M | ﹤0.01% |
344,122
+19,369
| +6% | +$356K |
|
2802
Allegro MicroSystems
ALGM
$6.68B
| $4.98M | ﹤0.01% |
71,589
+35,511
| +98% | +$1.66M |
|
2803
Pacer US Export Leaders ETF
PEXL
$53.9M
| $4.97M | ﹤0.01% |
65,575
+14,820
| +29% | +$1.03M |
|
2804
Invesco S&P 500 BuyWrite ETF
PBP
$383M
| $4.96M | ﹤0.01% |
216,809
+11,809
| +6% | +$267K |
|
2805
AllianzIM U.S. Equity Buffer10 Jun ETF
JUNT
$117M
| $4.96M | ﹤0.01% |
131,293
+103,040
| +365% | +$3.87M |
|
2806
PUT
Microsoft
MSFT
$3.69T
| $4.96M | ﹤0.01% |
13,300
+300
| +2% | +$121K |
|
|
CSW
2807
CSW Industrials
CSW
$4.77B
| $4.96M | ﹤0.01% |
17,824
-2,712
| -13% | -$752K |
|
2808
Whirlpool
WHR
$2.32B
| $4.96M | ﹤0.01% |
125,795
+8,207
| +7% | +$384K |
|
|
CSEN
2809
Cohen & Steers Future of Energy Active ETF
CSEN
$195M
| $4.95M | ﹤0.01% |
+209,484
| New | +$5.04M |
|
2810
Evercore
EVR
$10.9B
| $4.95M | ﹤0.01% |
14,504
-11,770
| -45% | -$4.03M |
|
|
PBT
2811
Permian Basin Royalty Trust
PBT
$1.66B
| $4.95M | ﹤0.01% |
197,716
-13,524
| -6% | -$342K |
|
2812
Viper Energy
VNOM
$16.1B
| $4.94M | ﹤0.01% |
116,561
-72,218
| -38% | -$3.34M |
|
2813
Warby Parker
WRBY
$3.15B
| $4.94M | ﹤0.01% |
162,841
+51,303
| +46% | +$1.27M |
|
|
PDO
2814
PIMCO Dynamic Income Opportunities Fund
PDO
$1.79B
| $4.93M | ﹤0.01% |
373,292
+7,561
| +2% | +$99.1K |
|
2815
WBI Power Factor High Dividend ETF
WBIY
$62.6M
| $4.92M | ﹤0.01% |
140,879
+1,691
| +1% | +$58.3K |
|
2816
PUT
Seagate
STX
$191B
| $4.92M | ﹤0.01% |
5,100
+100
| +2% | +$76.3K |
|
2817
Liquidia Corp
LQDA
$6.19B
| $4.92M | ﹤0.01% |
61,694
+27,571
| +81% | +$1.48M |
|
2818
Timothy Plan International ETF
TPIF
$269M
| $4.92M | ﹤0.01% |
131,735
+6,359
| +5% | +$238K |
|
|
PR
2819
Permian Resources
PR
$19.8B
| $4.9M | ﹤0.01% |
266,404
+12,898
| +5% | +$259K |
|
2820
State Street SPDR S&P Retail ETF
XRT
$275M
| $4.89M | ﹤0.01% |
55,712
-7,143
| -11% | -$602K |
|
2821
Global Net Lease
GNL
$2.1B
| $4.87M | ﹤0.01% |
545,193
-13,316
| -2% | -$125K |
|
2822
Lamb Weston
LW
$6.49B
| $4.87M | ﹤0.01% |
112,833
-195,459
| -63% | -$8.43M |
|
|
RSSL
2823
Global X Russell 2000 ETF
RSSL
$1.46B
| $4.87M | ﹤0.01% |
41,282
+188
| +0.5% | +$20.7K |
|
2824
BlackRock Health Sciences Trust
BME
$573M
| $4.86M | ﹤0.01% |
113,128
+5,367
| +5% | +$213K |
|
2825
AllianzIM U.S. Equity Buffer20 Nov ETF
NVBW
$96.1M
| $4.85M | ﹤0.01% |
136,236
-7,741
| -5% | -$271K |
|
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.