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 | |
|---|---|---|---|---|---|---|
2951
Aramark
ARMK
$15.4B
| $4.23M | ﹤0.01% |
74,303
-2,927
| -4% | -$144K |
|
2952
WisdomTree International SmallCap Dividend Fund
DLS
$1.08B
| $4.22M | ﹤0.01% |
50,334
+412
| +0.8% | +$35.5K |
|
|
MBCE
2953
Monarch Blue Chips Elite Index ETF
MBCE
$194M
| $4.21M | ﹤0.01% |
101,166
+68,708
| +212% | +$2.62M |
|
|
PML
2954
PIMCO Municipal Income Fund II
PML
$468M
| $4.2M | ﹤0.01% |
552,378
+81,613
| +17% | +$613K |
|
2955
ESCO Technologies
ESE
$7.05B
| $4.2M | ﹤0.01% |
12,008
-2,041
| -15% | -$639K |
|
2956
ProShares S&P 500 ex-Financials ETF
SPXN
$79.7M
| $4.19M | ﹤0.01% |
50,972
-15,307
| -23% | -$1.22M |
|
2957
Arteris
AIP
$1.13B
| $4.19M | ﹤0.01% |
86,161
-45,915
| -35% | -$1.47M |
|
2958
Invesco WilderHill Clean Energy ETF
PBW
$385M
| $4.19M | ﹤0.01% |
107,310
+15,788
| +17% | +$614K |
|
2959
CALL
Advanced Micro Devices
AMD
$843B
| $4.18M | ﹤0.01% |
7,200
+2,400
| +50% | +$984K |
|
2960
Howard Hughes
HHH
$3.68B
| $4.18M | ﹤0.01% |
58,502
+10,052
| +21% | +$654K |
|
2961
Invesco California Value Municipal Income Trust
VCV
$489M
| $4.18M | ﹤0.01% |
386,994
+41,786
| +12% | +$444K |
|
2962
Invesco Dorsey Wright Basic Materials Momentum ETF
PYZ
$72.7M
| $4.17M | ﹤0.01% |
33,174
-3,515
| -10% | -$448K |
|
2963
Dynatrace
DT
$14.8B
| $4.16M | ﹤0.01% |
94,711
-46,042
| -33% | -$1.79M |
|
2964
Northern Trust iBoxx 3-Year Target Duration TIPS ETF
TDTT
$2.52B
| $4.16M | ﹤0.01% |
173,896
+9,927
| +6% | +$240K |
|
|
FT
2965
Franklin Universal Trust
FT
$190M
| $4.14M | ﹤0.01% |
513,856
-70,503
| -12% | -$570K |
|
2966
Zions Bancorporation
ZION
$9.9B
| $4.14M | ﹤0.01% |
59,787
-8,922
| -13% | -$563K |
|
2967
FT Vest US Equity Deep Buffer ETF March
DMAR
$465M
| $4.13M | ﹤0.01% |
92,420
+14,243
| +18% | +$629K |
|
|
JBTM
2968
JBT Marel
JBTM
$5.86B
| $4.13M | ﹤0.01% |
28,508
-6,534
| -19% | -$846K |
|
2969
Acushnet Holdings
GOLF
$5.04B
| $4.13M | ﹤0.01% |
34,870
-1,106
| -3% | -$106K |
|
2970
Pacer Trendpilot Fund of Funds ETF
TRND
$62.3M
| $4.13M | ﹤0.01% |
111,019
-7,529
| -6% | -$269K |
|
2971
Eaton Vance Ultra-Short Income ETF
EVSB
$244M
| $4.13M | ﹤0.01% |
81,239
+16,839
| +26% | +$856K |
|
2972
Invesco New York AMT-Free Municipal Bond ETF
PZT
$138M
| $4.13M | ﹤0.01% |
181,469
+11,291
| +7% | +$253K |
|
2973
Construction Partners
ROAD
$5.62B
| $4.12M | ﹤0.01% |
34,707
-15,175
| -30% | -$1.8M |
|
2974
Nuveen Select Tax-Free Income Portfolio
NXP
$868M
| $4.11M | ﹤0.01% |
287,254
+10,486
| +4% | +$149K |
|
2975
Gen Digital
GEN
$18.2B
| $4.11M | ﹤0.01% |
165,131
+30,796
| +23% | +$688K |
|
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.