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 | |
|---|---|---|---|---|---|---|
3801
Nuveen Global High Income Fund
JGH
$345M
| $1.9M | ﹤0.01% |
149,586
-252,906
| -63% | -$3.21M |
|
3802
Inspire Capital Appreciation ETF
RISN
$69.1M
| $1.9M | ﹤0.01% |
+61,946
| New | +$1.86M |
|
3803
Nuveen Preferred and Income ETF
NPFI
$173M
| $1.9M | ﹤0.01% |
72,768
+26,258
| +56% | +$683K |
|
|
VOYG
3804
Voyager Technologies
VOYG
$2.06B
| $1.9M | ﹤0.01% |
58,869
+29,514
| +101% | +$1.02M |
|
3805
Victory Capital Holdings
VCTR
$6.85B
| $1.9M | ﹤0.01% |
22,574
+3,117
| +16% | +$251K |
|
3806
Alphatec Holdings
ATEC
$1.58B
| $1.9M | ﹤0.01% |
219,312
-77,957
| -26% | -$710K |
|
3807
Bright Horizons
BFAM
$3.16B
| $1.9M | ﹤0.01% |
26,746
-1,719
| -6% | -$124K |
|
3808
Amplify Mobile Payments ETF
IPAY
$173M
| $1.9M | ﹤0.01% |
41,120
-8,393
| -17% | -$381K |
|
3809
United Fire Group
UFCS
$1.41B
| $1.89M | ﹤0.01% |
36,054
+14,408
| +67% | +$640K |
|
|
CET
3810
Central Securities Corp
CET
$1.65B
| $1.89M | ﹤0.01% |
36,007
+3,331
| +10% | +$175K |
|
3811
Trinity Industries
TRN
$2.25B
| $1.89M | ﹤0.01% |
54,530
+17,168
| +46% | +$580K |
|
|
QCAP
3812
FT Vest Nasdaq-100 Conservative Buffer ETF - April
QCAP
$126M
| $1.88M | ﹤0.01% |
75,615
+61,215
| +425% | +$1.5M |
|
3813
Astoria US Quality Kings ETF
ROE
$284M
| $1.88M | ﹤0.01% |
44,140
+7,182
| +19% | +$288K |
|
3814
United States Natural Gas Fund
UNG
$547M
| $1.88M | ﹤0.01% |
160,545
-46,666
| -23% | -$522K |
|
|
PMO
3815
Franklin Municipal Opportunities Trust
PMO
$268M
| $1.88M | ﹤0.01% |
178,489
-5,413
| -3% | -$56.5K |
|
3816
iShares MSCI Denmark ETF
EDEN
$190M
| $1.88M | ﹤0.01% |
17,044
-305
| -2% | -$33.5K |
|
3817
Magnolia Oil & Gas
MGY
$6.54B
| $1.88M | ﹤0.01% |
73,422
-7,191
| -9% | -$205K |
|
|
FPI
3818
Farmland Partners
FPI
$466M
| $1.87M | ﹤0.01% |
193,431
+3,448
| +2% | +$36.7K |
|
3819
iShares iBonds Dec 2031 Term Treasury ETF
IBTL
$717M
| $1.87M | ﹤0.01% |
92,600
-3,875
| -4% | -$78.4K |
|
3820
OneSpaWorld
OSW
$2.24B
| $1.87M | ﹤0.01% |
66,198
+24,897
| +60% | +$615K |
|
3821
Genworth Financial
GNW
$3.97B
| $1.87M | ﹤0.01% |
197,385
+158,477
| +407% | +$1.41M |
|
3822
Innovator US Equity Ultra Buffer ETF February
UFEB
$229M
| $1.87M | ﹤0.01% |
48,344
+10,150
| +27% | +$386K |
|
3823
Digi International
DGII
$2.65B
| $1.87M | ﹤0.01% |
24,905
-3,582
| -13% | -$222K |
|
3824
Teekay Tankers
TNK
$3.44B
| $1.86M | ﹤0.01% |
28,738
-449
| -2% | -$33.8K |
|
3825
XPeng
XPEV
$10B
| $1.86M | ﹤0.01% |
140,718
+17,258
| +14% | +$274K |
|
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.