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 | |
|---|---|---|---|---|---|---|
2851
Invesco Global Water ETF
PIO
$263M
| $4.76M | ﹤0.01% |
105,833
+6,540
| +7% | +$294K |
|
2852
Commerce Bancshares
CBSH
$8.36B
| $4.76M | ﹤0.01% |
82,356
-32,431
| -28% | -$1.7M |
|
2853
Copa Holdings
CPA
$5.22B
| $4.75M | ﹤0.01% |
30,555
+3,043
| +11% | +$396K |
|
2854
Invesco S&P 500 QVM Multi-factor ETF
QVML
$1.65B
| $4.75M | ﹤0.01% |
107,596
+16,395
| +18% | +$702K |
|
|
BGB
2855
Blackstone Strategic Credit 2027 Term Fund
BGB
$500M
| $4.71M | ﹤0.01% |
417,101
+40,951
| +11% | +$463K |
|
2856
State Street SPDR FTSE International Government Inflation-Protected Bond ETF
WIP
$473M
| $4.71M | ﹤0.01% |
119,547
-43,720
| -27% | -$1.76M |
|
2857
First Trust Lunt US Factor Rotation ETF
FCTR
$55.3M
| $4.7M | ﹤0.01% |
115,164
-10,032
| -8% | -$387K |
|
2858
Harbor Human Capital Factor US Large Cap ETF
HAPI
$496M
| $4.69M | ﹤0.01% |
105,683
-5,378
| -5% | -$233K |
|
2859
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$880M
| $4.69M | ﹤0.01% |
92,566
+57,446
| +164% | +$2.94M |
|
2860
Golub Capital BDC
GBDC
$3.3B
| $4.69M | ﹤0.01% |
363,782
-115,317
| -24% | -$1.5M |
|
2861
Bruker
BRKR
$8.19B
| $4.68M | ﹤0.01% |
77,818
+34,233
| +79% | +$1.6M |
|
2862
Manchester United
MANU
$3.45B
| $4.68M | ﹤0.01% |
204,108
-19,040
| -9% | -$377K |
|
|
CHPX
2863
Global X AI Semiconductor & Quantum ETF
CHPX
$223M
| $4.68M | ﹤0.01% |
+44,005
| New | +$3.86M |
|
2864
BlackRock Income Trust
BKT
$324M
| $4.67M | ﹤0.01% |
436,011
-129,713
| -23% | -$1.37M |
|
2865
American States Water
AWR
$3.45B
| $4.67M | ﹤0.01% |
56,489
+24,732
| +78% | +$1.92M |
|
2866
Archrock
AROC
$5.75B
| $4.67M | ﹤0.01% |
114,611
+25,992
| +29% | +$956K |
|
2867
Eos Energy Enterprises
EOSE
$1.46B
| $4.66M | ﹤0.01% |
793,271
+126,304
| +19% | +$878K |
|
2868
VanEck India Growth Leaders ETF
GLIN
$91.2M
| $4.66M | ﹤0.01% |
100,174
+2,051
| +2% | +$92.4K |
|
2869
Badger Meter
BMI
$3.63B
| $4.66M | ﹤0.01% |
31,389
-5,547
| -15% | -$726K |
|
2870
SS&C Technologies
SSNC
$18.5B
| $4.65M | ﹤0.01% |
74,984
-21,951
| -23% | -$1.49M |
|
2871
Invesco Investment Grade Defensive ETF
IIGD
$26.5M
| $4.64M | ﹤0.01% |
189,612
-63,570
| -25% | -$1.56M |
|
|
CALY
2872
Callaway Golf Company
CALY
$2.76B
| $4.63M | ﹤0.01% |
246,649
+8,675
| +4% | +$136K |
|
|
HIMX
2873
Himax Technologies
HIMX
$2.53B
| $4.63M | ﹤0.01% |
302,038
+240,247
| +389% | +$3.73M |
|
2874
GoDaddy
GDDY
$12.2B
| $4.63M | ﹤0.01% |
54,571
-8,947
| -14% | -$755K |
|
|
BSMZ
2875
Invesco BulletShares 2035 Municipal Bond ETF
BSMZ
$53.1M
| $4.63M | ﹤0.01% |
180,678
+30,247
| +20% | +$769K |
|
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.