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 | |
|---|---|---|---|---|---|---|
351
Innovator Equity Managed Floor ETF
SFLR
$2.18B
| $233M | 0.05% |
6,038,926
+1,449,756
| +32% | +$54.4M |
|
352
State Street SPDR Portfolio High Yield Bond ETF
SPHY
$12B
| $230M | 0.05% |
9,808,661
+506,467
| +5% | +$11.9M |
|
353
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.4B
| $230M | 0.05% |
1,161,630
+67,695
| +6% | +$13.1M |
|
354
Franklin International Core Dividend Tilt Index ETF
DIVI
$2.77B
| $229M | 0.05% |
5,368,764
-118,431
| -2% | -$5.03M |
|
355
TJX Companies
TJX
$145B
| $229M | 0.05% |
1,511,681
+37,061
| +3% | +$5.86M |
|
356
Defiance Quantum ETF
QTUM
$5.55B
| $229M | 0.05% |
1,383,031
+253,234
| +22% | +$36.4M |
|
357
Quanta Services
PWR
$93.9B
| $226M | 0.05% |
313,603
+28,180
| +10% | +$19.3M |
|
358
Vanguard Real Estate ETF
VNQ
$37.9B
| $225M | 0.05% |
2,331,612
+54,607
| +2% | +$5.22M |
|
359
AB Disruptors ETF
FWD
$3.21B
| $224M | 0.05% |
1,512,442
+504,182
| +50% | +$66.9M |
|
360
General Dynamics
GD
$97.2B
| $223M | 0.05% |
630,777
+14,350
| +2% | +$4.92M |
|
361
Truist Financial
TFC
$63.1B
| $223M | 0.05% |
4,483,086
-457,801
| -9% | -$22.5M |
|
362
iShares Expanded Tech Sector ETF
IGM
$10.7B
| $222M | 0.05% |
1,358,497
-90,804
| -6% | -$13.6M |
|
363
Global X NASDAQ-100 Covered Call ETF
QYLD
$8.35B
| $221M | 0.05% |
11,988,959
-495,311
| -4% | -$8.87M |
|
364
Fidelity MSCI Information Technology Index ETF
FTEC
$21.3B
| $219M | 0.05% |
768,233
+65,402
| +9% | +$17.1M |
|
365
Lowe's Companies
LOW
$115B
| $219M | 0.05% |
993,752
+3,815
| +0.4% | +$866K |
|
366
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.7B
| $217M | 0.05% |
4,086,840
+449,567
| +12% | +$23.9M |
|
367
iShares MSCI Intl Quality Factor ETF
IQLT
$14.2B
| $214M | 0.05% |
4,314,368
+92,275
| +2% | +$4.51M |
|
368
First Trust Growth Strength ETF
FTGS
$1.3B
| $213M | 0.05% |
5,768,583
+23,374
| +0.4% | +$850K |
|
369
iShares ESG Aware MSCI USA ETF
ESGU
$18.2B
| $211M | 0.05% |
1,291,785
+108,409
| +9% | +$17.1M |
|
370
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.68B
| $210M | 0.05% |
627,869
+13,211
| +2% | +$3.78M |
|
371
Pacer US Large Cap Cash Cows Growth Leaders ETF
COWG
$2.31B
| $209M | 0.05% |
5,208,628
+26,688
| +0.5% | +$993K |
|
372
Vanguard Long-Term Bond ETF
BLV
$5.71B
| $209M | 0.05% |
3,030,083
-26,231
| -0.9% | -$1.8M |
|
|
CGIC
373
Capital Group International Core Equity ETF
CGIC
$2.55B
| $208M | 0.05% |
5,720,162
+727,112
| +15% | +$26M |
|
374
Linde
LIN
$220B
| $208M | 0.05% |
400,953
+21,144
| +6% | +$10.7M |
|
375
ServiceNow
NOW
$146B
| $207M | 0.05% |
2,087,834
+43,983
| +2% | +$4.35M |
|
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.