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 | |
|---|---|---|---|---|---|---|
3201
Avantis Core Municipal Fixed Income ETF
AVMU
$167M
| $3.32M | ﹤0.01% |
71,256
+1,881
| +3% | +$87K |
|
3202
State Street SPDR S&P Health Care Equipment ETF
XHE
$172M
| $3.32M | ﹤0.01% |
39,396
+1,960
| +5% | +$159K |
|
3203
Teradata
TDC
$2.61B
| $3.32M | ﹤0.01% |
95,705
-12,484
| -12% | -$380K |
|
3204
Harbor International Compounders ETF
OSEA
$429M
| $3.31M | ﹤0.01% |
108,276
-13,099
| -11% | -$397K |
|
|
GMUB
3205
Goldman Sachs Municipal Income ETF
GMUB
$449M
| $3.3M | ﹤0.01% |
64,226
+33,984
| +112% | +$1.74M |
|
3206
iShares Currency Hedged MSCI Emerging Markets
HEEM
$293M
| $3.3M | ﹤0.01% |
73,832
+6,134
| +9% | +$258K |
|
3207
Credicorp
BAP
$30.3B
| $3.3M | ﹤0.01% |
8,471
-580
| -6% | -$198K |
|
3208
BigBear.ai
BBAI
$1.38B
| $3.3M | ﹤0.01% |
899,077
+45,183
| +5% | +$181K |
|
|
YNOT
3209
Horizon Digital Frontier ETF
YNOT
$200M
| $3.29M | ﹤0.01% |
99,397
+85,077
| +594% | +$2.7M |
|
3210
Graham Corp
GHM
$1.04B
| $3.29M | ﹤0.01% |
26,592
-570
| -2% | -$56.6K |
|
3211
United Bankshares
UBSI
$6.4B
| $3.29M | ﹤0.01% |
71,787
+854
| +1% | +$37.3K |
|
3212
Hexcel
HXL
$6.88B
| $3.29M | ﹤0.01% |
32,858
+6,579
| +25% | +$596K |
|
|
AIO
3213
Virtus Artificial Intelligence & Technology Opportunities Fund
AIO
$884M
| $3.29M | ﹤0.01% |
117,085
+11,685
| +11% | +$299K |
|
3214
Nuveen Real Asset Income & Growth Fund
JRI
$437M
| $3.28M | ﹤0.01% |
253,225
+9,577
| +4% | +$123K |
|
3215
InfraCap MLP ETF
AMZA
$494M
| $3.28M | ﹤0.01% |
71,015
-3,337
| -4% | -$154K |
|
3216
PUT
Invesco NASDAQ 100 ETF
QQQM
$104B
| $3.27M | ﹤0.01% |
10,800
+5,700
| +112% | +$1.61M |
|
3217
Novanta
NOVT
$5.55B
| $3.27M | ﹤0.01% |
20,126
-5,619
| -22% | -$813K |
|
|
CNH
3218
CNH Industrial
CNH
$22.4B
| $3.26M | ﹤0.01% |
290,231
+87,904
| +43% | +$935K |
|
3219
Mobileye
MBLY
$7.07B
| $3.26M | ﹤0.01% |
336,679
+28,915
| +9% | +$258K |
|
|
EVN
3220
Eaton Vance Municipal Income Trust
EVN
$415M
| $3.26M | ﹤0.01% |
289,311
+75,014
| +35% | +$801K |
|
3221
iShares S&P GSCI Commodity-Indexed Trust
GSG
$1.05B
| $3.25M | ﹤0.01% |
113,673
+45,818
| +68% | +$1.47M |
|
3222
AllianzIM U.S. Equity Buffer10 Jul ETF
JULT
$58.1M
| $3.25M | ﹤0.01% |
68,011
+10,645
| +19% | +$498K |
|
3223
Alpha Metallurgical Resources
AMR
$2.62B
| $3.25M | ﹤0.01% |
19,686
-3,239
| -14% | -$617K |
|
3224
Exponent
EXPO
$3.2B
| $3.24M | ﹤0.01% |
55,221
-2,861
| -5% | -$176K |
|
3225
Intellia Therapeutics
NTLA
$1.68B
| $3.24M | ﹤0.01% |
191,480
+68,619
| +56% | +$960K |
|
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.