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 | |
|---|---|---|---|---|---|---|
2926
Honda
HMC
$42.3B
| $4.35M | ﹤0.01% |
160,383
+14,637
| +10% | +$372K |
|
|
HPS
2927
John Hancock Preferred Income Fund III
HPS
$422M
| $4.34M | ﹤0.01% |
298,403
-17,287
| -5% | -$251K |
|
2928
Ero Copper
ERO
$3.74B
| $4.34M | ﹤0.01% |
162,107
-25,648
| -14% | -$726K |
|
2929
Brookfield Infrastructure
BIPC
$4.56B
| $4.33M | ﹤0.01% |
112,506
+43,060
| +62% | +$1.74M |
|
2930
CubeSmart
CUBE
$8.78B
| $4.33M | ﹤0.01% |
108,823
-26,175
| -19% | -$1.04M |
|
2931
Uranium Energy
UEC
$5.44B
| $4.33M | ﹤0.01% |
405,956
-116,109
| -22% | -$1.56M |
|
2932
Hanover Insurance
THG
$7.76B
| $4.32M | ﹤0.01% |
20,173
+5,565
| +38% | +$1.05M |
|
2933
VanEck Durable High Dividend ETF
DURA
$38.3M
| $4.32M | ﹤0.01% |
116,169
-4,609
| -4% | -$173K |
|
|
REGS
2934
Columbia Large Cap Growth ETF
REGS
$65.7M
| $4.3M | ﹤0.01% |
381,478
-128,419
| -25% | -$1.42M |
|
2935
Baxter International
BAX
$12.5B
| $4.29M | ﹤0.01% |
201,229
+5,444
| +3% | +$101K |
|
2936
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$104M
| $4.29M | ﹤0.01% |
83,565
-1,198
| -1% | -$61.4K |
|
|
PPI
2937
AXS Astoria Inflation Sensitive ETF
PPI
$161M
| $4.28M | ﹤0.01% |
201,255
+39,256
| +24% | +$849K |
|
2938
Valmont Industries
VMI
$9.3B
| $4.28M | ﹤0.01% |
7,416
+1,377
| +23% | +$692K |
|
2939
GraniteShares Platinum Shares
PLTM
$197M
| $4.28M | ﹤0.01% |
286,683
-62,663
| -18% | -$1.15M |
|
2940
First Trust Horizon Managed Volatility Domestic ETF
HUSV
$55.9M
| $4.27M | ﹤0.01% |
108,800
-81
| -0.1% | -$3.17K |
|
2941
SPS Commerce
SPSC
$2.92B
| $4.27M | ﹤0.01% |
74,660
-9,069
| -11% | -$501K |
|
2942
Black Hills Corp
BKH
$5.48B
| $4.27M | ﹤0.01% |
57,360
-612
| -1% | -$45.1K |
|
|
DOCU
2943
DocuSign
DOCU
$12.4B
| $4.25M | ﹤0.01% |
95,774
-22,316
| -19% | -$1.05M |
|
2944
AllianzIM U.S. Equity Buffer10 Apr ETF
APRT
$46.8M
| $4.25M | ﹤0.01% |
92,698
-6,710
| -7% | -$302K |
|
2945
iShares Large Cap Moderate Quarterly Laddered ETF
IVVM
$174M
| $4.25M | ﹤0.01% |
114,901
-8,553
| -7% | -$310K |
|
2946
Fortive
FTV
$16.5B
| $4.24M | ﹤0.01% |
69,467
-21,602
| -24% | -$1.3M |
|
2947
Portland General Electric
POR
$5.71B
| $4.24M | ﹤0.01% |
81,856
+2,044
| +3% | +$104K |
|
2948
Invesco DB Base Metals Fund
DBB
$367M
| $4.24M | ﹤0.01% |
175,886
+3,156
| +2% | +$79.3K |
|
2949
iShares MSCI Israel ETF
EIS
$899M
| $4.24M | ﹤0.01% |
35,087
+2,338
| +7% | +$299K |
|
2950
BlackRock ESG Capital Allocation Term Trust
ECAT
$1.49B
| $4.23M | ﹤0.01% |
269,321
-8,326
| -3% | -$126K |
|
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.