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 | |
|---|---|---|---|---|---|---|
3326
Global X FinTech ETF
FINX
$166M
| $2.92M | ﹤0.01% |
118,280
-46,892
| -28% | -$1.17M |
|
3327
Arcutis Biotherapeutics
ARQT
$3.01B
| $2.91M | ﹤0.01% |
111,150
-8,231
| -7% | -$192K |
|
3328
Kosmos Energy
KOS
$1.8B
| $2.91M | ﹤0.01% |
1,377,423
-26,936
| -2% | -$75K |
|
3329
Bread Financial
BFH
$4.09B
| $2.9M | ﹤0.01% |
26,799
+339
| +1% | +$30.4K |
|
3330
Community Bank
CBU
$3.3B
| $2.9M | ﹤0.01% |
43,259
+5,561
| +15% | +$352K |
|
|
CGO
3331
Calamos Global Total Return Fund
CGO
$128M
| $2.9M | ﹤0.01% |
212,238
+3,439
| +2% | +$45.2K |
|
3332
Invesco S&P SmallCap Energy ETF
PSCE
$113M
| $2.9M | ﹤0.01% |
52,716
+2,251
| +4% | +$135K |
|
|
IBMS
3333
iShares iBonds Dec 2030 Term Muni Bond ETF
IBMS
$337M
| $2.9M | ﹤0.01% |
111,968
+26,968
| +32% | +$698K |
|
3334
Ligand Pharmaceuticals
LGND
$5.74B
| $2.89M | ﹤0.01% |
9,152
+941
| +11% | +$222K |
|
|
WYFI
3335
WhiteFiber Inc
WYFI
$755M
| $2.89M | ﹤0.01% |
+74,459
| New | +$1.8M |
|
3336
RLJ Lodging Trust $1.95 Series A Preferred Stock
RLJ.PRA
$322M
| $2.89M | ﹤0.01% |
117,939
+4,492
| +4% | +$113K |
|
|
ARIS
3337
Aris Mining
ARIS
$4.14B
| $2.89M | ﹤0.01% |
193,634
+57,149
| +42% | +$1.03M |
|
3338
Global X MSCI SuperDividend Emerging Markets ETF
SDEM
$46.1M
| $2.89M | ﹤0.01% |
89,857
-478
| -0.5% | -$15.6K |
|
3339
Saic
SAIC
$5.32B
| $2.88M | ﹤0.01% |
26,119
+5,945
| +29% | +$601K |
|
3340
Installed Building Products
IBP
$5.21B
| $2.88M | ﹤0.01% |
12,545
-5,256
| -30% | -$1.28M |
|
3341
AGCO
AGCO
$8.78B
| $2.88M | ﹤0.01% |
24,079
-5,600
| -19% | -$651K |
|
3342
Franklin FTSE South Korea ETF
FLKR
$1.75B
| $2.88M | ﹤0.01% |
43,577
+31,112
| +250% | +$1.78M |
|
3343
Power Integrations
POWI
$2.85B
| $2.88M | ﹤0.01% |
34,373
-1,263
| -4% | -$91.1K |
|
3344
Amer Sports
AS
$16.4B
| $2.88M | ﹤0.01% |
85,071
+19,611
| +30% | +$687K |
|
3345
JPMorgan BetaBuilders MSCI US REIT ETF
BBRE
$1.23B
| $2.88M | ﹤0.01% |
26,825
+9,238
| +53% | +$961K |
|
3346
Mach Natural Resources
MNR
$2.1B
| $2.88M | ﹤0.01% |
227,618
+34,331
| +18% | +$458K |
|
3347
Broadstone Net Lease
BNL
$3.93B
| $2.88M | ﹤0.01% |
139,159
+11,529
| +9% | +$233K |
|
|
PINE
3348
Alpine Income Property Trust
PINE
$322M
| $2.88M | ﹤0.01% |
138,502
+121,247
| +703% | +$2.35M |
|
3349
Western Union
WU
$2.15B
| $2.88M | ﹤0.01% |
373,379
+160,282
| +75% | +$1.34M |
|
|
CON
3350
Concentra Group Holdings
CON
$4.43B
| $2.87M | ﹤0.01% |
96,632
-2,534
| -3% | -$63K |
|
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.