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 | |
|---|---|---|---|---|---|---|
3501
HDFC Bank
HDB
$115B
| $2.51M | ﹤0.01% |
97,177
-15,557
| -14% | -$390K |
|
|
EIM
3502
Eaton Vance Municipal Bond Fund
EIM
$481M
| $2.51M | ﹤0.01% |
251,853
+33,057
| +15% | +$325K |
|
3503
First American
FAF
$7.32B
| $2.51M | ﹤0.01% |
36,546
+7,204
| +25% | +$480K |
|
3504
Innovator US Equity Buffer ETF February
BFEB
$263M
| $2.5M | ﹤0.01% |
47,560
-119
| -0.2% | -$6.12K |
|
|
MSD
3505
Morgan Stanley Emerging Markets Debt Fund
MSD
$146M
| $2.5M | ﹤0.01% |
342,818
+33,255
| +11% | +$244K |
|
3506
Barings BDC
BBDC
$914M
| $2.5M | ﹤0.01% |
293,725
-6,069
| -2% | -$52.1K |
|
|
MPT
3507
Medical Properties Trust
MPT
$2.22B
| $2.5M | ﹤0.01% |
540,972
+33,012
| +6% | +$164K |
|
3508
Saratoga Investment
SAR
$276M
| $2.5M | ﹤0.01% |
111,909
-2,086
| -2% | -$46.8K |
|
3509
Thor Industries
THO
$3.78B
| $2.5M | ﹤0.01% |
33,209
-457
| -1% | -$35.2K |
|
|
MRP
3510
Millrose Properties Inc
MRP
$4.94B
| $2.49M | ﹤0.01% |
82,832
+9,468
| +13% | +$274K |
|
3511
Putnam BDC Income ETF
PBDC
$301M
| $2.49M | ﹤0.01% |
91,462
+27
| +0% | +$739 |
|
3512
Sabesp
SBS
$18.6B
| $2.49M | ﹤0.01% |
430,538
-113,062
| -21% | -$684K |
|
3513
Aptus Enhanced Yield ETF
JUCY
$356M
| $2.49M | ﹤0.01% |
113,151
+12,993
| +13% | +$288K |
|
3514
FT Vest US Equity Moderate Buffer ETF October
GOCT
$264M
| $2.49M | ﹤0.01% |
59,825
+1,849
| +3% | +$75.4K |
|
3515
ZIM Integrated Shipping Services
ZIM
$3.56B
| $2.48M | ﹤0.01% |
95,476
+14,542
| +18% | +$375K |
|
3516
Schwab Fundamental International Small Company Index ETF
FNDC
$3.16B
| $2.48M | ﹤0.01% |
51,098
-1,503
| -3% | -$74.1K |
|
3517
ProShares S&P 500 ex-Energy ETF
SPXE
$86.2M
| $2.48M | ﹤0.01% |
30,717
-403
| -1% | -$31.5K |
|
3518
Chord Energy
CHRD
$8.25B
| $2.48M | ﹤0.01% |
21,656
+1,036
| +5% | +$140K |
|
|
BCPL
3519
BNY Mellon Core Plus ETF
BCPL
$294M
| $2.47M | ﹤0.01% |
+99,142
| New | +$2.46M |
|
3520
PUT
Astera Labs
ALAB
$50.4B
| $2.46M | ﹤0.01% |
5,100
+100
| +2% | +$26.5K |
|
3521
WisdomTree Enhanced Commodity Strategy Fund
GCC
$327M
| $2.46M | ﹤0.01% |
108,511
-114,530
| -51% | -$2.81M |
|
3522
McEwen Inc
MUX
$1.18B
| $2.46M | ﹤0.01% |
135,545
-15,325
| -10% | -$331K |
|
3523
Leuthold Core ETF
LCR
$68.7M
| $2.46M | ﹤0.01% |
61,778
+17,152
| +38% | +$669K |
|
|
GRX
3524
Gabelli Healthcare & Wellness Trust
GRX
$142M
| $2.45M | ﹤0.01% |
259,281
-18,946
| -7% | -$172K |
|
|
KIO
3525
KKR Income Opportunities Fund
KIO
$448M
| $2.45M | ﹤0.01% |
217,250
+4,305
| +2% | +$48.2K |
|
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.