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 | |
|---|---|---|---|---|---|---|
3151
iShares iBonds 2030 Term High Yield and Income ETF
IBHJ
$179M
| $3.47M | ﹤0.01% |
131,069
+35,097
| +37% | +$926K |
|
3152
AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF
SIXF
$50.7M
| $3.46M | ﹤0.01% |
101,614
+1,012
| +1% | +$33.7K |
|
3153
Cheesecake Factory
CAKE
$4.98B
| $3.46M | ﹤0.01% |
43,472
-371
| -0.8% | -$24K |
|
3154
Pacer WealthShield ETF
PWS
$24.4M
| $3.45M | ﹤0.01% |
105,150
+277
| +0.3% | +$8.87K |
|
|
UCTT
3155
Ultra Clean Holdings
UCTT
$3.31B
| $3.45M | ﹤0.01% |
24,169
+5,309
| +28% | +$467K |
|
3156
AllianzIM U.S. Equity Buffer20 Sep ETF
SEPW
$107M
| $3.44M | ﹤0.01% |
103,074
+1,448
| +1% | +$47.6K |
|
3157
Invesco Oil & Gas Services ETF
PXJ
$122M
| $3.44M | ﹤0.01% |
89,214
-39,682
| -31% | -$1.71M |
|
3158
Thomson Reuters
TRI
$41.6B
| $3.43M | ﹤0.01% |
42,027
-717
| -2% | -$62.6K |
|
3159
SiriusXM
SIRI
$9.82B
| $3.43M | ﹤0.01% |
116,046
+36,678
| +46% | +$986K |
|
3160
Enovix
ENVX
$698M
| $3.43M | ﹤0.01% |
564,569
+144,736
| +34% | +$959K |
|
3161
iShares US Tech Breakthrough Multisector ETF
TECB
$498M
| $3.43M | ﹤0.01% |
47,761
-1,071
| -2% | -$71.2K |
|
3162
Cogent Biosciences
COGT
$5.92B
| $3.43M | ﹤0.01% |
88,535
+14,380
| +19% | +$503K |
|
3163
Nuveen Credit Strategies Income Fund
JQC
$701M
| $3.42M | ﹤0.01% |
704,610
-136,205
| -16% | -$656K |
|
3164
Voya Financial
VOYA
$9.24B
| $3.42M | ﹤0.01% |
37,821
+2,832
| +8% | +$231K |
|
3165
B2Gold
BTG
$7.17B
| $3.42M | ﹤0.01% |
914,099
-448,052
| -33% | -$2.06M |
|
3166
Invesco S&P 500 Downside Hedged ETF
PHDG
$61.1M
| $3.41M | ﹤0.01% |
83,340
+3,863
| +5% | +$158K |
|
3167
Deutsche Bank
DB
$76B
| $3.41M | ﹤0.01% |
101,058
-33,522
| -25% | -$1.09M |
|
|
PFL
3168
PIMCO Income Strategy Fund
PFL
$367M
| $3.41M | ﹤0.01% |
432,726
+12,841
| +3% | +$101K |
|
3169
Sun Communities
SUI
$13.9B
| $3.41M | ﹤0.01% |
28,426
+623
| +2% | +$77.9K |
|
3170
First Trust Dorsey Wright Momentum & Value ETF
DVLU
$48.8M
| $3.41M | ﹤0.01% |
85,942
+22,611
| +36% | +$857K |
|
3171
Littelfuse
LFUS
$10.8B
| $3.4M | ﹤0.01% |
7,473
-1,228
| -14% | -$532K |
|
3172
Travel + Leisure Co
TNL
$4.06B
| $3.4M | ﹤0.01% |
44,443
-1,393
| -3% | -$97.9K |
|
3173
Casella Waste Systems
CWST
$5.66B
| $3.4M | ﹤0.01% |
35,015
+3,912
| +13% | +$334K |
|
3174
FT Vest Nasdaq-100 Buffer ETF September
QSPT
$654M
| $3.4M | ﹤0.01% |
97,447
-9,455
| -9% | -$319K |
|
3175
Brown-Forman Class B
BF.B
$12.2B
| $3.39M | ﹤0.01% |
127,371
-15,511
| -11% | -$418K |
|
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.