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 | |
|---|---|---|---|---|---|---|
4101
RPAR Risk Parity ETF
RPAR
$577M
| $1.43M | ﹤0.01% |
64,210
+2,892
| +5% | +$65.8K |
|
4102
Nuveen Municipal Credit Opportunities Fund
NMCO
$553M
| $1.43M | ﹤0.01% |
131,165
-1,303
| -1% | -$14K |
|
|
PTRN
4103
Pattern Group Inc
PTRN
$3.58B
| $1.43M | ﹤0.01% |
+56,584
| New | +$960K |
|
|
GXPT
4104
Global X PureCap MSCI Information Technology ETF
GXPT
$136M
| $1.42M | ﹤0.01% |
43,476
+5,775
| +15% | +$177K |
|
4105
BGC Group
BGC
$5.81B
| $1.42M | ﹤0.01% |
133,066
-1,436
| -1% | -$16.1K |
|
4106
Cytokinetics
CYTK
$10.3B
| $1.42M | ﹤0.01% |
16,666
+4,294
| +35% | +$308K |
|
|
CEV
4107
Eaton Vance California Municipal Income Trust
CEV
$71.5M
| $1.42M | ﹤0.01% |
134,772
+254
| +0.2% | +$2.61K |
|
4108
Seacoast Banking Corp of Florida
SBCF
$3.29B
| $1.42M | ﹤0.01% |
42,599
-994
| -2% | -$31K |
|
4109
Terreno Realty
TRNO
$7.13B
| $1.41M | ﹤0.01% |
21,828
+985
| +5% | +$64.4K |
|
4110
Sinclair Inc
SBGI
$1.01B
| $1.41M | ﹤0.01% |
99,052
+975
| +1% | +$14K |
|
4111
BellRing Brands
BRBR
$1.08B
| $1.41M | ﹤0.01% |
108,910
+26,681
| +32% | +$322K |
|
|
HPF
4112
John Hancock Preferred Income Fund II
HPF
$320M
| $1.41M | ﹤0.01% |
88,783
-7,108
| -7% | -$113K |
|
4113
Beazer Homes USA
BZH
$888M
| $1.41M | ﹤0.01% |
50,151
+73
| +0.1% | +$1.73K |
|
4114
Innovator Equity Defined Protection ETF - 2 Yr to April 2028
AAPR
$72.8M
| $1.4M | ﹤0.01% |
47,628
-465
| -1% | -$13.6K |
|
4115
United States Oil Fund
USO
$1.75B
| $1.4M | ﹤0.01% |
13,195
-1,777
| -12% | -$233K |
|
4116
Seadrill
SDRL
$2.99B
| $1.4M | ﹤0.01% |
37,066
+25
| +0.1% | +$1.16K |
|
4117
Celanese
CE
$5.1B
| $1.4M | ﹤0.01% |
30,470
+2,645
| +10% | +$153K |
|
|
DHF
4118
BNY Mellon High Yield Strategies Fund
DHF
$168M
| $1.4M | ﹤0.01% |
578,525
+2,834
| +0.5% | +$6.86K |
|
4119
Hamilton Insurance Group
HG
$3.4B
| $1.4M | ﹤0.01% |
41,231
+8,817
| +27% | +$276K |
|
4120
BOK Financial
BOKF
$8.24B
| $1.39M | ﹤0.01% |
10,042
+6,725
| +203% | +$889K |
|
|
LB
4121
LandBridge Co
LB
$2.45B
| $1.39M | ﹤0.01% |
17,597
+890
| +5% | +$61.1K |
|
4122
Invesco DB US Dollar Index Bullish Fund
UUP
$300M
| $1.39M | ﹤0.01% |
49,070
-218,965
| -82% | -$6.07M |
|
4123
Carlyle Secured Lending
CGBD
$784M
| $1.39M | ﹤0.01% |
132,350
-21,094
| -14% | -$235K |
|
|
GRAL
4124
GRAIL Inc
GRAL
$3.46B
| $1.39M | ﹤0.01% |
20,408
-16,034
| -44% | -$944K |
|
4125
Morgan Stanley Direct Lending Fund
MSDL
$1.24B
| $1.39M | ﹤0.01% |
92,091
+21,140
| +30% | +$320K |
|
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.