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 | |
|---|---|---|---|---|---|---|
|
LEG
3276
DELISTED
Leggett & Platt
LEG
| $3.08M | ﹤0.01% |
263,293
+174,684
| +197% | +$1.84M |
|
3277
Simplify US Equity PLUS Downside Convexity ETF
SPD
$103M
| $3.08M | ﹤0.01% |
74,260
-164,039
| -69% | -$6.6M |
|
3278
Alliance Resource Partners
ARLP
$3.42B
| $3.08M | ﹤0.01% |
128,249
+13,742
| +12% | +$349K |
|
3279
KraneShares China Internet and Covered Call Strategy ETF
KLIP
$93.2M
| $3.08M | ﹤0.01% |
135,290
-47,469
| -26% | -$1.21M |
|
3280
Transocean
RIG
$6.46B
| $3.07M | ﹤0.01% |
628,164
+209,727
| +50% | +$1.31M |
|
3281
LKQ Corp
LKQ
$6.01B
| $3.07M | ﹤0.01% |
116,583
-2,991
| -3% | -$83.1K |
|
|
ARI
3282
Apollo Commercial Real Estate
ARI
$860M
| $3.07M | ﹤0.01% |
287,236
-38,618
| -12% | -$421K |
|
3283
GigaCloud Technology
GCT
$1.88B
| $3.07M | ﹤0.01% |
97,063
+11,162
| +13% | +$440K |
|
3284
First Trust Exchange-Traded Fund VI First Trust Bloomberg Shareholder Yield ETF
SHRY
$16.3M
| $3.06M | ﹤0.01% |
71,488
+546
| +0.8% | +$23.8K |
|
3285
BlackSky Technology
BKSY
$855M
| $3.05M | ﹤0.01% |
109,292
+39,362
| +56% | +$1.42M |
|
3286
Alpha Architect 1-3 Month Box ETF
BOXX
$14.8B
| $3.05M | ﹤0.01% |
26,020
+8,110
| +45% | +$946K |
|
3287
Global X Hydrogen ETF
HYDR
$108M
| $3.05M | ﹤0.01% |
57,396
+22,613
| +65% | +$1.26M |
|
3288
AllianzIM U.S. Equity Buffer10 Oct ETF
OCTT
$56M
| $3.04M | ﹤0.01% |
65,241
-7,044
| -10% | -$320K |
|
3289
SK Telecom
SKM
$14.5B
| $3.04M | ﹤0.01% |
94,495
+75,784
| +405% | +$2.8M |
|
3290
BlackRock MuniYield New York Quality Fund
MYN
$353M
| $3.03M | ﹤0.01% |
298,785
-40,391
| -12% | -$401K |
|
|
VSNT
3291
Versant Media Group
VSNT
$5.15B
| $3.03M | ﹤0.01% |
84,124
+424
| +0.5% | +$17K |
|
3292
Nuveen California Municipal Value Fund
NCA
$295M
| $3.03M | ﹤0.01% |
324,657
+37,409
| +13% | +$349K |
|
3293
PUT
Bloom Energy
BE
$80.5B
| $3.03M | ﹤0.01% |
10,000
-5,200
| -34% | -$1.33M |
|
|
KRMN
3294
Karman Holdings
KRMN
$4.61B
| $3.02M | ﹤0.01% |
60,568
-21,756
| -26% | -$1.41M |
|
3295
CALL
Broadcom
AVGO
$1.75T
| $3.02M | ﹤0.01% |
8,000
+4,800
| +150% | +$1.92M |
|
|
ETHE
3296
Grayscale Ethereum Staking ETF Shares
ETHE
$1.97B
| $3.02M | ﹤0.01% |
236,426
-26,928
| -10% | -$449K |
|
3297
Smith & Nephew
SNN
$11.6B
| $3.01M | ﹤0.01% |
104,461
+27,941
| +37% | +$868K |
|
3298
PUT
Strategy Inc
MSTR
$53.2B
| $3.01M | ﹤0.01% |
34,600
+26,100
| +307% | +$3.79M |
|
3299
NextDecade
NEXT
$2.04B
| $3M | ﹤0.01% |
398,097
-2,749
| -0.7% | -$21.7K |
|
3300
Innovator US Small Cap Power Buffer ETF July
KJUL
$228M
| $3M | ﹤0.01% |
88,253
+28,377
| +47% | +$949K |
|
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.