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 | |
|---|---|---|---|---|---|---|
3876
Grand Canyon Education
LOPE
$3.95B
| $1.78M | ﹤0.01% |
12,457
-134
| -1% | -$21.3K |
|
3877
AppFolio
APPF
$7.36B
| $1.78M | ﹤0.01% |
11,117
-34,931
| -76% | -$5.58M |
|
3878
Fulton Financial
FULT
$4.51B
| $1.78M | ﹤0.01% |
73,652
+40,437
| +122% | +$886K |
|
3879
VanEck Long/Flat Trend ETF
LFEQ
$28.6M
| $1.78M | ﹤0.01% |
29,905
-338
| -1% | -$19.5K |
|
3880
VanEck Low Carbon Energy ETF
SMOG
$134M
| $1.78M | ﹤0.01% |
12,164
+330
| +3% | +$49K |
|
3881
Pacer Trendpilot European Index ETF
PTEU
$37.3M
| $1.78M | ﹤0.01% |
53,338
-855
| -2% | -$27.6K |
|
3882
Personalis
PSNL
$1.73B
| $1.78M | ﹤0.01% |
132,602
+590
| +0.4% | +$4.8K |
|
|
JOF
3883
Japan Smaller Capitalization Fund
JOF
$357M
| $1.78M | ﹤0.01% |
150,688
+31,520
| +26% | +$360K |
|
3884
Autoliv
ALV
$8.91B
| $1.77M | ﹤0.01% |
15,261
+4,531
| +42% | +$539K |
|
3885
PUT
Arm
ARM
$278B
| $1.77M | ﹤0.01% |
5,000
| – | – |
|
|
NUTX
3886
Nutex Health
NUTX
$1.37B
| $1.77M | ﹤0.01% |
10,372
+527
| +5% | +$66.8K |
|
3887
Delek Logistics
DKL
$3.31B
| $1.77M | ﹤0.01% |
34,357
+1,880
| +6% | +$95.6K |
|
|
NIHI
3888
NEOS MSCI EAFE High Income ETF
NIHI
$194M
| $1.76M | ﹤0.01% |
+34,242
| New | +$1.75M |
|
3889
Innovative Industrial Properties
IIPR
$1.55B
| $1.76M | ﹤0.01% |
28,397
+2,843
| +11% | +$160K |
|
3890
Photronics
PLAB
$1.71B
| $1.76M | ﹤0.01% |
54,090
+9,004
| +20% | +$381K |
|
3891
Ameris Bancorp
ABCB
$5.67B
| $1.76M | ﹤0.01% |
19,469
-773
| -4% | -$65.7K |
|
|
BKMS
3892
BNY Mellon Municipal Short Duration ETF
BKMS
$426M
| $1.75M | ﹤0.01% |
+68,710
| New | +$1.75M |
|
3893
Addus HomeCare
ADUS
$2.22B
| $1.75M | ﹤0.01% |
17,452
-428
| -2% | -$40.4K |
|
|
ACVU
3894
Hartford Alpha Capture Value ETF
ACVU
$185M
| $1.75M | ﹤0.01% |
56,167
-62
| -0.1% | -$1.84K |
|
3895
AXS Change Finance ESG ETF
CHGX
$175M
| $1.75M | ﹤0.01% |
52,790
-13,609
| -20% | -$422K |
|
3896
ePlus
PLUS
$2.37B
| $1.75M | ﹤0.01% |
21,055
-5,546
| -21% | -$461K |
|
3897
PUT
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.32B
| $1.75M | ﹤0.01% |
+6,600
| New | +$1.74M |
|
3898
Lazard
LAZ
$4.04B
| $1.75M | ﹤0.01% |
41,652
-2,888
| -6% | -$132K |
|
3899
Avantis International Small Cap Equity ETF
AVDS
$350M
| $1.75M | ﹤0.01% |
23,198
+15,423
| +198% | +$1.19M |
|
|
JEDI
3900
Defiance Drone and Modern Warfare ETF
JEDI
$175M
| $1.75M | ﹤0.01% |
+60,093
| New | +$1.85M |
|
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.