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 | |
|---|---|---|---|---|---|---|
|
BSJW
3851
Invesco BulletShares 2032 High Yield Corporate Bond ETF
BSJW
$50M
| $1.82M | ﹤0.01% |
72,070
-2,141
| -3% | -$54.3K |
|
3852
First Hawaiian
FHB
$3.12B
| $1.82M | ﹤0.01% |
62,171
-95,682
| -61% | -$2.6M |
|
3853
Prudential
PUK
$33B
| $1.82M | ﹤0.01% |
67,912
+28,933
| +74% | +$845K |
|
3854
Corebridge Financial
CRBG
$15.4B
| $1.82M | ﹤0.01% |
63,575
-10,454
| -14% | -$283K |
|
3855
Hagerty
HGTY
$1.36B
| $1.82M | ﹤0.01% |
152,501
+11,252
| +8% | +$120K |
|
3856
Universal Insurance Holdings
UVE
$1.22B
| $1.82M | ﹤0.01% |
43,927
+11,088
| +34% | +$418K |
|
3857
Park Aerospace
PKE
$683M
| $1.82M | ﹤0.01% |
47,596
-1,287
| -3% | -$42.8K |
|
|
FIG
3858
Figma
FIG
$12.2B
| $1.82M | ﹤0.01% |
100,373
-67,443
| -40% | -$1.36M |
|
|
GRFS
3859
Grifois
GRFS
$5.19B
| $1.82M | ﹤0.01% |
256,421
+29,790
| +13% | +$235K |
|
3860
Valaris
VAL
$5.87B
| $1.81M | ﹤0.01% |
24,997
+115
| +0.5% | +$10.7K |
|
3861
KT
KT
$9.51B
| $1.81M | ﹤0.01% |
104,763
-53,593
| -34% | -$1.07M |
|
|
PRMB
3862
Primo Brands
PRMB
$7.38B
| $1.81M | ﹤0.01% |
74,032
+4,335
| +6% | +$96.2K |
|
3863
DNOW Inc
DNOW
$2.83B
| $1.81M | ﹤0.01% |
139,488
+6,170
| +5% | +$80.1K |
|
3864
Etsy
ETSY
$6.69B
| $1.8M | ﹤0.01% |
23,959
-1,196
| -5% | -$77.1K |
|
3865
US Global GO Gold and Precious Metal Miners ETF
GOAU
$213M
| $1.8M | ﹤0.01% |
48,501
-25,724
| -35% | -$1.1M |
|
3866
Northern Trust STOXX Global Broad Infrastructure ETF
NFRA
$3.1B
| $1.8M | ﹤0.01% |
28,073
+2,226
| +9% | +$145K |
|
3867
Innovator US Equity Buffer ETF June
BJUN
$259M
| $1.8M | ﹤0.01% |
36,968
+16,469
| +80% | +$796K |
|
3868
PUT
Eli Lilly
LLY
$1T
| $1.8M | ﹤0.01% |
1,500
| – | – |
|
3869
IPG Photonics
IPGP
$3.44B
| $1.8M | ﹤0.01% |
15,316
+975
| +7% | +$112K |
|
3870
Innovator US Equity Buffer ETF September
BSEP
$254M
| $1.8M | ﹤0.01% |
34,055
+2,243
| +7% | +$116K |
|
|
UCB
3871
United Community Banks
UCB
$4.26B
| $1.8M | ﹤0.01% |
51,159
+1,219
| +2% | +$40.7K |
|
3872
Organon & Co
OGN
$3.58B
| $1.79M | ﹤0.01% |
132,173
-20,967
| -14% | -$251K |
|
3873
Choiceone Financial
COFS
$508M
| $1.78M | ﹤0.01% |
52,492
-491
| -0.9% | -$15.3K |
|
3874
Pediatrix Medical
MD
$2.18B
| $1.78M | ﹤0.01% |
70,400
+1,869
| +3% | +$42.5K |
|
3875
BlackRock Total Return ETF
BRTR
$765M
| $1.78M | ﹤0.01% |
+35,431
| New | +$1.78M |
|
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.