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 | |
|---|---|---|---|---|---|---|
3976
Matthews Emerging Markets ex China Active ETF
MEMX
$53.7M
| $1.63M | ﹤0.01% |
32,689
+2,626
| +9% | +$122K |
|
3977
Liberty Media Series A
FWONA
$21.9B
| $1.63M | ﹤0.01% |
18,649
+3,303
| +22% | +$272K |
|
3978
CALL
Uber
UBER
$146B
| $1.63M | ﹤0.01% |
22,600
+6,300
| +39% | +$462K |
|
3979
Monarch Casino & Resort
MCRI
$2.18B
| $1.63M | ﹤0.01% |
12,385
+1,300
| +12% | +$151K |
|
3980
AMN Healthcare
AMN
$1.3B
| $1.63M | ﹤0.01% |
50,348
-15,214
| -23% | -$392K |
|
|
MIAX
3981
Miami International Holdings
MIAX
$4.1B
| $1.63M | ﹤0.01% |
43,837
+3,905
| +10% | +$175K |
|
3982
Travere Therapeutics
TVTX
$6.36B
| $1.63M | ﹤0.01% |
28,653
+14,999
| +110% | +$665K |
|
|
OEFA
3983
ALPS O'Shares International Developed Quality Dividend ETF
OEFA
$36M
| $1.63M | ﹤0.01% |
47,189
-3,304
| -7% | -$111K |
|
3984
Kennametal
KMT
$2.26B
| $1.62M | ﹤0.01% |
46,306
-6,242
| -12% | -$227K |
|
|
PDM
3985
Piedmont Realty Trust
PDM
$1.2B
| $1.62M | ﹤0.01% |
177,256
+3,484
| +2% | +$28.7K |
|
3986
C3.ai
AI
$1.68B
| $1.62M | ﹤0.01% |
178,352
+9,636
| +6% | +$91.5K |
|
3987
Invesco Food & Beverage ETF
PBJ
$88.5M
| $1.62M | ﹤0.01% |
34,340
-46
| -0.1% | -$2.24K |
|
3988
Stratasys
SSYS
$679M
| $1.62M | ﹤0.01% |
188,897
+45,502
| +32% | +$399K |
|
3989
First Watch Restaurant Group
FWRG
$698M
| $1.61M | ﹤0.01% |
125,218
+6,590
| +6% | +$77.3K |
|
3990
Krystal Biotech
KRYS
$10.3B
| $1.6M | ﹤0.01% |
4,317
+2,552
| +145% | +$762K |
|
|
CPRX
3991
DELISTED
Catalyst Pharmaceutical
CPRX
| $1.6M | ﹤0.01% |
50,998
-56,588
| -53% | -$1.67M |
|
|
IJUN
3992
Innovator International Developed Power Buffer ETF - June
IJUN
$66.7M
| $1.6M | ﹤0.01% |
51,386
+42,641
| +488% | +$1.31M |
|
|
XHR
3993
Xenia Hotels & Resorts
XHR
$1.65B
| $1.6M | ﹤0.01% |
78,666
-4,982
| -6% | -$86K |
|
|
SOBO
3994
South Bow Corp
SOBO
$7.52B
| $1.6M | ﹤0.01% |
45,425
+1,101
| +2% | +$38.8K |
|
3995
SFL Corp
SFL
$1.81B
| $1.6M | ﹤0.01% |
156,598
-9,760
| -6% | -$111K |
|
3996
Xtrackers Russell 1000 US Quality at a Reasonable Price ETF
QARP
$77.8M
| $1.6M | ﹤0.01% |
24,612
+2,806
| +13% | +$179K |
|
3997
Aecom
ACM
$8.17B
| $1.6M | ﹤0.01% |
22,851
-946
| -4% | -$72.4K |
|
3998
iShares iBonds Oct 2026 Term TIPS ETF
IBIC
$74.5M
| $1.59M | ﹤0.01% |
61,051
+11,299
| +23% | +$294K |
|
3999
Vishay Intertechnology
VSH
$5.2B
| $1.59M | ﹤0.01% |
29,565
-2,820
| -9% | -$115K |
|
4000
Franklin FTSE Canada ETF
FLCA
$846M
| $1.58M | ﹤0.01% |
30,732
+5,172
| +20% | +$268K |
|
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.