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 | |
|---|---|---|---|---|---|---|
|
GLXY
3901
Galaxy Digital Inc
GLXY
$4.86B
| $1.74M | ﹤0.01% |
63,664
-6,484
| -9% | -$181K |
|
3902
Direxion Daily Financial Bull 3x ETF
FAS
$2.29B
| $1.74M | ﹤0.01% |
11,826
+1,152
| +11% | +$157K |
|
3903
Invesco Energy Exploration & Production ETF
PXE
$88.9M
| $1.74M | ﹤0.01% |
51,355
-8,196
| -14% | -$298K |
|
3904
Cohen & Steers Select Preferred & Income Fund
PSF
$226M
| $1.73M | ﹤0.01% |
86,178
+4,497
| +6% | +$88.7K |
|
3905
AMES National
ATLO
$286M
| $1.73M | ﹤0.01% |
58,546
+1,369
| +2% | +$39.6K |
|
3906
CarGurus
CARG
$3.05B
| $1.73M | ﹤0.01% |
50,784
+6,800
| +15% | +$220K |
|
3907
Kilroy Realty
KRC
$4.08B
| $1.73M | ﹤0.01% |
46,159
+423
| +0.9% | +$14.4K |
|
|
PPLI
3908
People Inc
PPLI
$2.79B
| $1.73M | ﹤0.01% |
37,438
-11,362
| -23% | -$485K |
|
|
LGN
3909
Legence Corp
LGN
$4.32B
| $1.73M | ﹤0.01% |
20,265
-327
| -2% | -$26.6K |
|
3910
Butterfly Network
BFLY
$1.95B
| $1.72M | ﹤0.01% |
204,554
-30,420
| -13% | -$157K |
|
|
ONC
3911
BeOne Medicines Ltd
ONC
$39.3B
| $1.72M | ﹤0.01% |
6,043
+1,159
| +24% | +$342K |
|
3912
Wipro
WIT
$16.6B
| $1.72M | ﹤0.01% |
765,219
-27,314
| -3% | -$58.1K |
|
3913
Edgewell Personal Care
EPC
$1.24B
| $1.72M | ﹤0.01% |
63,958
+11,856
| +23% | +$253K |
|
3914
PUT
Vanguard S&P 500 ETF
VOO
$1.05T
| $1.72M | ﹤0.01% |
2,500
-1,200
| -32% | -$800K |
|
|
ACLO
3915
TCW AAA CLO ETF
ACLO
$580M
| $1.72M | ﹤0.01% |
33,992
+4,596
| +16% | +$232K |
|
3916
Brunswick
BC
$4.61B
| $1.72M | ﹤0.01% |
20,372
+1,068
| +6% | +$85.6K |
|
3917
Frequency Electronics
FEIM
$933M
| $1.71M | ﹤0.01% |
25,838
-7,377
| -22% | -$454K |
|
|
TLTP
3918
Amplify TLT U.S. Treasury 12% Option Income ETF
TLTP
$26.2M
| $1.71M | ﹤0.01% |
+81,882
| New | +$1.73M |
|
|
QUIZ
3919
Zacks Quality International ETF
QUIZ
$92.8M
| $1.71M | ﹤0.01% |
+58,551
| New | +$1.68M |
|
3920
Primoris Services
PRIM
$4.07B
| $1.71M | ﹤0.01% |
17,255
-12,218
| -41% | -$1.61M |
|
3921
DoubleLine Opportunistic Bond ETF
DBND
$759M
| $1.71M | ﹤0.01% |
37,499
-26,285
| -41% | -$1.2M |
|
3922
Cushman & Wakefield Ltd
CWK
$3.04B
| $1.71M | ﹤0.01% |
127,662
+43,585
| +52% | +$585K |
|
3923
First Trust Securitized Plus ETF
DEED
$62.5M
| $1.71M | ﹤0.01% |
79,889
-7,902
| -9% | -$169K |
|
3924
Babcock & Wilcox
BW
$1.16B
| $1.71M | ﹤0.01% |
121,094
+3,095
| +3% | +$52.5K |
|
|
IMAY
3925
Innovator International Developed Power Buffer ETF - May
IMAY
$53.5M
| $1.7M | ﹤0.01% |
+53,730
| New | +$1.68M |
|
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.