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 | |
|---|---|---|---|---|---|---|
4126
FT Vest US Equity Max Buffer ETF March
MARM
$107M
| $1.39M | ﹤0.01% |
40,715
-2,139
| -5% | -$72.6K |
|
4127
Strategic Education
STRA
$1.81B
| $1.39M | ﹤0.01% |
18,084
-4,413
| -20% | -$349K |
|
4128
Northwest Natural Holdings
NWN
$2.05B
| $1.38M | ﹤0.01% |
28,225
+142
| +0.5% | +$7.27K |
|
4129
York Water
YORW
$538M
| $1.38M | ﹤0.01% |
45,144
-409
| -0.9% | -$12.3K |
|
4130
Aveanna Healthcare
AVAH
$3.07B
| $1.38M | ﹤0.01% |
160,902
+109,852
| +215% | +$774K |
|
4131
Middleby
MIDD
$4.91B
| $1.38M | ﹤0.01% |
8,007
-200
| -2% | -$30.1K |
|
|
SEG
4132
Seaport Entertainment Group
SEG
$329M
| $1.38M | ﹤0.01% |
51,711
-1,055
| -2% | -$24.8K |
|
4133
ProShares S&P 500 ex-Health Care ETF
SPXV
$41.2M
| $1.37M | ﹤0.01% |
16,713
+2,031
| +14% | +$162K |
|
4134
Critical Metals Corp
CRML
$977M
| $1.37M | ﹤0.01% |
133,789
+30,430
| +29% | +$326K |
|
4135
Peoples Bancorp
PEBO
$1.43B
| $1.37M | ﹤0.01% |
35,692
-4,294
| -11% | -$150K |
|
4136
Patterson-UTI
PTEN
$4.93B
| $1.37M | ﹤0.01% |
149,194
+31,283
| +27% | +$349K |
|
4137
Auburn National Bancorp
AUBN
$91.7M
| $1.37M | ﹤0.01% |
50,573
| – | – |
|
|
WQTM
4138
WisdomTree Quantum Computing Fund
WQTM
$345M
| $1.37M | ﹤0.01% |
+36,155
| New | +$1.22M |
|
4139
PUT
Salesforce
CRM
$205B
| $1.36M | ﹤0.01% |
8,700
+100
| +1% | +$17.6K |
|
4140
Franklin Electric
FELE
$4.33B
| $1.36M | ﹤0.01% |
12,708
+2
| +0% | +$201 |
|
4141
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$7.01B
| $1.36M | ﹤0.01% |
+5,030
| New | +$1.27M |
|
4142
VanEck International High Yield Bond ETF
IHY
$43M
| $1.36M | ﹤0.01% |
62,699
+407
| +0.7% | +$8.86K |
|
|
OPRA
4143
Opera Ltd
OPRA
$1.62B
| $1.36M | ﹤0.01% |
68,370
+4,258
| +7% | +$75.2K |
|
4144
PUT
CVS Health
CVS
$121B
| $1.36M | ﹤0.01% |
13,100
+6,800
| +108% | +$607K |
|
|
GRW
4145
TCW ETF Trust TCW Durable Growth ETF
GRW
$62.8M
| $1.35M | ﹤0.01% |
42,006
-1,879
| -4% | -$57.2K |
|
|
RMM
4146
RiverNorth Managed Duration Municipal Income Fund
RMM
$273M
| $1.35M | ﹤0.01% |
91,476
+2,780
| +3% | +$39.9K |
|
4147
FT Vest International Equity Moderate Buffer ETF March
YMAR
$163M
| $1.35M | ﹤0.01% |
47,184
-1,325
| -3% | -$37.5K |
|
4148
Red River Bancshares
RRBI
$676M
| $1.35M | ﹤0.01% |
14,771
+26
| +0.2% | +$2.38K |
|
4149
Colony Bankcorp
CBAN
$456M
| $1.35M | ﹤0.01% |
67,003
+52,733
| +370% | +$1.07M |
|
4150
ProShares Equities for Rising Rates ETF
EQRR
$34.7M
| $1.35M | ﹤0.01% |
16,477
-64,582
| -80% | -$4.95M |
|
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.