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 | |
|---|---|---|---|---|---|---|
3176
ALPS Smith Core Plus Bond ETF
SMTH
$3.01B
| $3.39M | ﹤0.01% |
131,627
-3,455
| -3% | -$89K |
|
3177
Triumph Financial Inc
TFIN
$1.59B
| $3.39M | ﹤0.01% |
44,381
-173
| -0.4% | -$11.8K |
|
3178
TransUnion
TRU
$14.8B
| $3.38M | ﹤0.01% |
46,903
-5,879
| -11% | -$412K |
|
3179
BCE
BCE
$21.8B
| $3.38M | ﹤0.01% |
157,286
-8,411
| -5% | -$202K |
|
|
DBL
3180
DoubleLine Opportunistic Credit Fund
DBL
$281M
| $3.38M | ﹤0.01% |
234,708
+3,949
| +2% | +$56.8K |
|
3181
Innovator US Equity Buffer ETF July
BJUL
$356M
| $3.37M | ﹤0.01% |
62,107
+16,197
| +35% | +$860K |
|
3182
Invesco Dorsey Wright Financial Momentum ETF
PFI
$58.2M
| $3.37M | ﹤0.01% |
55,348
-4,873
| -8% | -$285K |
|
3183
Southwest Gas
SWX
$6.29B
| $3.37M | ﹤0.01% |
37,997
+18,078
| +91% | +$1.62M |
|
3184
Cracker Barrel
CBRL
$1.09B
| $3.36M | ﹤0.01% |
63,084
-1,067
| -2% | -$37K |
|
3185
Fluence Energy
FLNC
$1.42B
| $3.36M | ﹤0.01% |
168,886
+135,237
| +402% | +$2.52M |
|
3186
Northern Trust iBoxx 5-Year Target Duration TIPS ETF
TDTF
$1.04B
| $3.36M | ﹤0.01% |
141,245
+10,086
| +8% | +$243K |
|
3187
Nuveen AMT-Free Municipal Value Fund
NUW
$242M
| $3.36M | ﹤0.01% |
233,388
+17,024
| +8% | +$242K |
|
|
DSM
3188
BNY Mellon Strategic Municipal Bond Fund
DSM
$275M
| $3.35M | ﹤0.01% |
544,464
-29,263
| -5% | -$178K |
|
3189
Boyd Gaming
BYD
$5.58B
| $3.35M | ﹤0.01% |
37,900
-68,116
| -64% | -$5.8M |
|
3190
Glaukos
GKOS
$10.1B
| $3.34M | ﹤0.01% |
23,920
+11,915
| +99% | +$1.51M |
|
3191
Century Aluminum
CENX
$4.35B
| $3.34M | ﹤0.01% |
72,548
+26,897
| +59% | +$1.62M |
|
|
LGI
3192
Lazard Global Total Return & Income Fund
LGI
$228M
| $3.34M | ﹤0.01% |
180,552
+8,128
| +5% | +$144K |
|
|
BRW
3193
Saba Capital Income & Opportunities Fund
BRW
$325M
| $3.33M | ﹤0.01% |
507,546
+32,187
| +7% | +$217K |
|
3194
Yeti Holdings
YETI
$2.93B
| $3.33M | ﹤0.01% |
67,268
-46,202
| -41% | -$2M |
|
3195
WD-40
WDFC
$2.63B
| $3.33M | ﹤0.01% |
13,655
+1,043
| +8% | +$223K |
|
3196
ProShares Trust Short MSCI EAFE
EFZ
$10.2M
| $3.33M | ﹤0.01% |
144,719
+73,091
| +102% | +$1.73M |
|
3197
Cohen & Steers Duration Preferred & Income Fund
LDP
$584M
| $3.33M | ﹤0.01% |
157,138
+5,170
| +3% | +$107K |
|
3198
PUT
Broadcom
AVGO
$1.73T
| $3.32M | ﹤0.01% |
8,800
-200
| -2% | -$80.2K |
|
3199
China Yuchai International
CYD
$1.36B
| $3.32M | ﹤0.01% |
70,059
+3,339
| +5% | +$159K |
|
3200
Direxion Auspice Broad Commodity Strategy ETF
COM
$226M
| $3.32M | ﹤0.01% |
101,833
-256,614
| -72% | -$8.66M |
|
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.