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 | |
|---|---|---|---|---|---|---|
3376
Brighthouse Financial
BHF
$2.87B
| $2.81M | ﹤0.01% |
44,335
-512
| -1% | -$31.8K |
|
3377
Scorpio Tankers
STNG
$4.26B
| $2.8M | ﹤0.01% |
40,484
+16,337
| +68% | +$1.28M |
|
3378
Invesco Value Municipal Income Trust
IIM
$570M
| $2.79M | ﹤0.01% |
219,421
+33,067
| +18% | +$408K |
|
3379
iShares BB Rated Corporate Bond ETF
HYBB
$322M
| $2.79M | ﹤0.01% |
59,696
-6,108
| -9% | -$285K |
|
|
TTAN
3380
ServiceTitan Inc
TTAN
$5.32B
| $2.79M | ﹤0.01% |
39,457
-10,302
| -21% | -$663K |
|
3381
BlackRock Energy and Resources Trust
BGR
$452M
| $2.79M | ﹤0.01% |
188,142
+5,429
| +3% | +$86.6K |
|
3382
Dimensional Global Credit ETF
DGCB
$1.1B
| $2.79M | ﹤0.01% |
50,999
-48
| -0.1% | -$2.62K |
|
|
NJUN
3383
Innovator Growth-100 Power Buffer ETF - June
NJUN
$175M
| $2.79M | ﹤0.01% |
84,833
+58,592
| +223% | +$1.91M |
|
3384
Extreme Networks
EXTR
$2.84B
| $2.78M | ﹤0.01% |
85,897
+35,954
| +72% | +$867K |
|
3385
State Street Income Allocation ETF
INKM
$79.9M
| $2.78M | ﹤0.01% |
80,946
+7,665
| +10% | +$264K |
|
3386
PGIM Active Aggregate Bond ETF
PAB
$97.8M
| $2.78M | ﹤0.01% |
65,932
+20,251
| +44% | +$856K |
|
3387
iShares Currency Hedged MSCI Japan ETF
HEWJ
$768M
| $2.78M | ﹤0.01% |
43,039
+1,104
| +3% | +$67.5K |
|
|
ACP
3388
abrdn Income Credit Strategies Fund
ACP
$610M
| $2.77M | ﹤0.01% |
533,294
-56,483
| -10% | -$299K |
|
3389
BlackRock MuniAssets Fund
MUA
$657M
| $2.77M | ﹤0.01% |
251,591
-230,275
| -48% | -$2.46M |
|
3390
FT Vest International Equity Buffer ETF June
YJUN
$145M
| $2.77M | ﹤0.01% |
103,308
+89,325
| +639% | +$2.38M |
|
3391
Crocs
CROX
$5.3B
| $2.76M | ﹤0.01% |
22,911
-22,382
| -49% | -$2.45M |
|
3392
PUT
Dell
DELL
$358B
| $2.76M | ﹤0.01% |
6,400
+4,400
| +220% | +$1.27M |
|
3393
Chemours
CC
$2.28B
| $2.76M | ﹤0.01% |
134,328
-470
| -0.3% | -$10.8K |
|
3394
Iovance Biotherapeutics
IOVA
$3.69B
| $2.75M | ﹤0.01% |
661,075
+91,841
| +16% | +$349K |
|
|
CATF
3395
American Century California Municipal Bond ETF
CATF
$82.2M
| $2.75M | ﹤0.01% |
54,697
+24,018
| +78% | +$1.2M |
|
3396
HubSpot
HUBS
$11.2B
| $2.75M | ﹤0.01% |
15,065
-5,171
| -26% | -$1.08M |
|
|
IFN
3397
Aberdeen India Fund
IFN
$485M
| $2.75M | ﹤0.01% |
233,840
-34,251
| -13% | -$396K |
|
3398
iShares Asia/Pacific Dividend ETF
DVYA
$72.3M
| $2.75M | ﹤0.01% |
58,091
-22,558
| -28% | -$1.12M |
|
3399
Tronox
TROX
$731M
| $2.74M | ﹤0.01% |
435,608
+127,400
| +41% | +$1.08M |
|
3400
PUT
UnitedHealth
UNH
$344B
| $2.74M | ﹤0.01% |
6,600
+1,300
| +25% | +$482K |
|
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.