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 | |
|---|---|---|---|---|---|---|
3301
NGL Energy Partners
NGL
$2.22B
| $2.99M | ﹤0.01% |
187,993
+174,228
| +1,266% | +$2.71M |
|
|
DMO
3302
Western Asset Mortgage Opportunity Fund
DMO
$114M
| $2.99M | ﹤0.01% |
279,605
-4,965
| -2% | -$54.2K |
|
3303
Hawkins
HWKN
$2.56B
| $2.99M | ﹤0.01% |
21,065
+1,079
| +5% | +$171K |
|
3304
PUT
Spotify
SPOT
$108B
| $2.98M | ﹤0.01% |
6,500
| – | – |
|
3305
AXIS Capital
AXS
$7.13B
| $2.98M | ﹤0.01% |
27,708
-69,634
| -72% | -$6.98M |
|
3306
FIVE9
FIVN
$2.28B
| $2.97M | ﹤0.01% |
139,398
-14,874
| -10% | -$294K |
|
3307
Brixmor Property Group
BRX
$8.83B
| $2.97M | ﹤0.01% |
94,256
-75,329
| -44% | -$2.3M |
|
3308
Sensata Technologies
ST
$6.21B
| $2.97M | ﹤0.01% |
62,199
+5,998
| +11% | +$271K |
|
3309
Piper Sandler
PIPR
$5.47B
| $2.96M | ﹤0.01% |
40,967
-178
| -0.4% | -$14.4K |
|
3310
WaFd
WAFD
$2.51B
| $2.96M | ﹤0.01% |
77,183
+6,674
| +9% | +$235K |
|
3311
Trustmark
TRMK
$2.75B
| $2.96M | ﹤0.01% |
64,283
+12,536
| +24% | +$559K |
|
3312
Trimble
TRMB
$13.4B
| $2.95M | ﹤0.01% |
57,711
-41,059
| -42% | -$2.43M |
|
|
PEO
3313
Adams Natural Resources Fund
PEO
$824M
| $2.95M | ﹤0.01% |
119,218
+39,062
| +49% | +$1.02M |
|
3314
CALL
Invesco QQQ Trust
QQQ
$488B
| $2.95M | ﹤0.01% |
4,000
-1,500
| -27% | -$1.03M |
|
|
FTNJ
3315
Franklin New Jersey Municipal Income ETF
FTNJ
$163M
| $2.94M | ﹤0.01% |
332,949
+103,591
| +45% | +$909K |
|
3316
Tetra Tech
TTEK
$9.16B
| $2.94M | ﹤0.01% |
101,849
-50,320
| -33% | -$1.48M |
|
3317
Cavco Industries
CVCO
$4.02B
| $2.94M | ﹤0.01% |
4,788
+623
| +15% | +$331K |
|
3318
Prestige Consumer Healthcare
PBH
$2.21B
| $2.94M | ﹤0.01% |
62,175
-51,568
| -45% | -$2.65M |
|
3319
Kirby Corp
KEX
$7.38B
| $2.94M | ﹤0.01% |
21,613
-137
| -0.6% | -$19.6K |
|
3320
JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF
BBCB
$51.6M
| $2.94M | ﹤0.01% |
64,814
+601
| +0.9% | +$27.2K |
|
3321
Life Time Group Holdings
LTH
$9.59B
| $2.94M | ﹤0.01% |
71,901
-44,062
| -38% | -$1.4M |
|
|
CMBT
3322
CMB.TECH NV
CMBT
$5.66B
| $2.93M | ﹤0.01% |
209,578
-133,431
| -39% | -$1.92M |
|
3323
Overlay Shares Hedged Large Cap Equity ETF
OVLH
$108M
| $2.93M | ﹤0.01% |
70,077
-1,550
| -2% | -$63.5K |
|
3324
CVR Energy
CVI
$5.18B
| $2.93M | ﹤0.01% |
106,272
+67,571
| +175% | +$2.15M |
|
3325
Arbor Realty Trust
ABR
$886M
| $2.92M | ﹤0.01% |
539,536
-26,413
| -5% | -$172K |
|
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.