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 | |
|---|---|---|---|---|---|---|
|
AIV
2826
Aimco
AIV
$353M
| $4.85M | ﹤0.01% |
1,633,396
+1,121,065
| +219% | +$4.3M |
|
2827
Tanger
SKT
$4.19B
| $4.85M | ﹤0.01% |
122,890
-83
| -0.1% | -$3.08K |
|
|
VMRK
2828
Vivmark Residential
VMRK
$50.6B
| $4.85M | ﹤0.01% |
71,400
+4,197
| +6% | +$272K |
|
2829
Mizuho Financial
MFG
$139B
| $4.84M | ﹤0.01% |
505,673
+108,567
| +27% | +$975K |
|
2830
Performance Food Group
PFGC
$14.9B
| $4.84M | ﹤0.01% |
43,307
-16,688
| -28% | -$1.59M |
|
2831
CarMax
KMX
$8.71B
| $4.84M | ﹤0.01% |
91,498
-11,955
| -12% | -$520K |
|
2832
GraniteShares HIPS US High Income ETF
HIPS
$123M
| $4.84M | ﹤0.01% |
419,142
+19,505
| +5% | +$228K |
|
2833
Selective Insurance
SIGI
$5.36B
| $4.84M | ﹤0.01% |
49,853
-1,435
| -3% | -$124K |
|
2834
Aaon
AAON
$6.52B
| $4.84M | ﹤0.01% |
38,120
-512
| -1% | -$60K |
|
2835
PUT
iShares MSCI USA Momentum Factor ETF
MTUM
$24.7B
| $4.83M | ﹤0.01% |
+14,100
| New | +$4.21M |
|
2836
VictoryShares US Small Cap High Div Volatility Wtd ETF
CSB
$253M
| $4.83M | ﹤0.01% |
73,692
-19,492
| -21% | -$1.25M |
|
|
NCZ
2837
Virtus Convertible & Income Fund II
NCZ
$294M
| $4.83M | ﹤0.01% |
303,708
-6,452
| -2% | -$98.4K |
|
|
ASG
2838
Liberty All-Star Growth Fund
ASG
$321M
| $4.82M | ﹤0.01% |
880,532
-17,194
| -2% | -$89.8K |
|
2839
Landstar System
LSTR
$5.82B
| $4.81M | ﹤0.01% |
23,252
-3,850
| -14% | -$736K |
|
2840
EPAM Systems
EPAM
$5.94B
| $4.81M | ﹤0.01% |
60,579
-2,034
| -3% | -$215K |
|
2841
Hyatt Hotels
H
$15.3B
| $4.81M | ﹤0.01% |
24,792
+2,386
| +11% | +$418K |
|
|
ASCE
2842
Allspring SMID Core ETF
ASCE
$182M
| $4.79M | ﹤0.01% |
+136,401
| New | +$4.38M |
|
|
SRV
2843
NXG Cushing Midstream Energy Fund
SRV
$293M
| $4.78M | ﹤0.01% |
95,446
+17,526
| +22% | +$828K |
|
2844
Gates Industrial Corp
GTES
$6.56B
| $4.78M | ﹤0.01% |
170,905
+16,205
| +10% | +$416K |
|
2845
State Street SPDR S&P Kensho Clean Power ETF
CNRG
$193M
| $4.78M | ﹤0.01% |
42,265
+4,768
| +13% | +$509K |
|
|
PSUS
2846
Pershing Square USA
PSUS
| $4.78M | ﹤0.01% |
+127,821
| New | +$5.11M |
|
2847
Standex International
SXI
$3.32B
| $4.77M | ﹤0.01% |
13,346
-265
| -2% | -$74.1K |
|
2848
Nelnet
NNI
$4.52B
| $4.77M | ﹤0.01% |
35,789
-1,784
| -5% | -$236K |
|
2849
Invesco S&P 500 Equal Weight Consumer Staples ETF
RSPS
$239M
| $4.77M | ﹤0.01% |
159,074
-4,396
| -3% | -$131K |
|
|
WIW
2850
Western Asset Inflation-Linked Opportunities & Income Fund
WIW
$504M
| $4.76M | ﹤0.01% |
566,854
-103,388
| -15% | -$878K |
|
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.