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 | |
|---|---|---|---|---|---|---|
3526
Invesco Advantage Municipal Income Trust II
VKI
$380M
| $2.45M | ﹤0.01% |
257,935
-142,150
| -36% | -$1.27M |
|
3527
Stellantis
STLA
$15.7B
| $2.44M | ﹤0.01% |
425,049
+164,407
| +63% | +$1.22M |
|
3528
FT Vest US Equity Enhance & Moderate Buffer ETF September
XSEP
$137M
| $2.44M | ﹤0.01% |
54,913
-4,497
| -8% | -$197K |
|
3529
ALPS Medical Breakthroughs ETF
SBIO
$229M
| $2.44M | ﹤0.01% |
37,700
-8,308
| -18% | -$455K |
|
3530
TCW Transform 500 ETF
VOTE
$1.13B
| $2.43M | ﹤0.01% |
27,607
-2,398
| -8% | -$205K |
|
3531
PAR Technology
PAR
$729M
| $2.43M | ﹤0.01% |
139,586
-16,700
| -11% | -$241K |
|
3532
Maplebear
CART
$11.1B
| $2.43M | ﹤0.01% |
51,308
+10,658
| +26% | +$446K |
|
|
GNT
3533
GAMCO Natural Resources, Gold & Income Trust
GNT
$154M
| $2.43M | ﹤0.01% |
297,678
+16,130
| +6% | +$136K |
|
3534
Academy Sports + Outdoors
ASO
$3.48B
| $2.42M | ﹤0.01% |
51,452
+5,678
| +12% | +$302K |
|
3535
Global X Video Games & Esports ETF
HERO
$63.4M
| $2.42M | ﹤0.01% |
97,854
-36,933
| -27% | -$951K |
|
3536
GameStop
GME
$10.6B
| $2.42M | ﹤0.01% |
109,723
-1,938
| -2% | -$44.4K |
|
|
MIN
3537
Aberdeen Intermediate Income Fund
MIN
$267M
| $2.42M | ﹤0.01% |
978,962
-4,502
| -0.5% | -$11.1K |
|
3538
IMAX
IMAX
$2.85B
| $2.42M | ﹤0.01% |
60,644
+30,352
| +100% | +$1.16M |
|
3539
Wolfspeed
WOLF
$1.38B
| $2.42M | ﹤0.01% |
+50,096
| New | +$2.18M |
|
3540
Kaiser Aluminum
KALU
$2.57B
| $2.42M | ﹤0.01% |
12,356
-4,747
| -28% | -$807K |
|
3541
Conductor Global Equity Value ETF
CGV
$135M
| $2.42M | ﹤0.01% |
155,578
+11,116
| +8% | +$180K |
|
3542
Impinj
PI
$5.51B
| $2.42M | ﹤0.01% |
16,864
+4,089
| +32% | +$533K |
|
3543
iShares Genomics Immunology and Healthcare ETF
IDNA
$249M
| $2.41M | ﹤0.01% |
71,503
-1,039
| -1% | -$31.2K |
|
3544
Palomar
PLMR
$3.47B
| $2.41M | ﹤0.01% |
19,078
+7,358
| +63% | +$866K |
|
3545
DXP Enterprises
DXPE
$2.89B
| $2.41M | ﹤0.01% |
14,274
+9,677
| +211% | +$1.53M |
|
3546
Papa John's
PZZA
$681M
| $2.41M | ﹤0.01% |
65,487
-31,899
| -33% | -$1.1M |
|
3547
Prosperity Bancshares
PB
$8.53B
| $2.41M | ﹤0.01% |
32,959
+119
| +0.4% | +$8.28K |
|
3548
WisdomTree
WT
$3.63B
| $2.41M | ﹤0.01% |
141,973
+6,340
| +5% | +$112K |
|
3549
Group 1 Automotive
GPI
$3.38B
| $2.4M | ﹤0.01% |
8,255
-3,246
| -28% | -$1.06M |
|
3550
Pinduoduo
PDD
$111B
| $2.4M | ﹤0.01% |
31,507
-3,632
| -10% | -$336K |
|
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.