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 | |
|---|---|---|---|---|---|---|
|
BCV
4226
Bancroft Fund
BCV
$138M
| $1.24M | ﹤0.01% |
47,668
-11,343
| -19% | -$281K |
|
|
SUNC
4227
SunocoCorp LLC
SUNC
$4.21B
| $1.24M | ﹤0.01% |
18,290
+2,903
| +19% | +$190K |
|
4228
CALL
State Street Energy Select Sector SPDR ETF
XLE
$42.9B
| $1.24M | ﹤0.01% |
+23,300
| New | +$1.33M |
|
4229
CALL
iShares Core US Aggregate Bond ETF
AGG
$137B
| $1.24M | ﹤0.01% |
+12,500
| New | +$1.24M |
|
|
MILN
4230
Global X Millennial Consumer ETF
MILN
$91.5M
| $1.24M | ﹤0.01% |
28,541
+653
| +2% | +$28.2K |
|
4231
Towne Bank
TOWN
$3.42B
| $1.23M | ﹤0.01% |
34,075
-3,639
| -10% | -$127K |
|
4232
Aurinia Pharmaceuticals
AUPH
$2.14B
| $1.23M | ﹤0.01% |
72,614
+16,514
| +29% | +$264K |
|
4233
PUT
Alibaba
BABA
$272B
| $1.23M | ﹤0.01% |
12,800
-45,900
| -78% | -$5.75M |
|
4234
iShares iBonds Dec 2033 Term Treasury ETF
IBTO
$479M
| $1.23M | ﹤0.01% |
50,883
+4,885
| +11% | +$118K |
|
4235
KBR
KBR
$4.55B
| $1.23M | ﹤0.01% |
35,506
+13,219
| +59% | +$461K |
|
4236
Kinetik
KNTK
$4.39B
| $1.23M | ﹤0.01% |
25,358
+565
| +2% | +$27K |
|
4237
Advance Auto Parts
AAP
$2.67B
| $1.23M | ﹤0.01% |
19,700
+1,604
| +9% | +$91K |
|
4238
CleanSpark
CLSK
$3.55B
| $1.22M | ﹤0.01% |
84,152
-25,767
| -23% | -$364K |
|
4239
Helios Technologies
HLIO
$2.3B
| $1.22M | ﹤0.01% |
13,716
+6,915
| +102% | +$531K |
|
4240
Toews Agility Shares Dynamic Tactical Income ETF
THY
$87.6M
| $1.22M | ﹤0.01% |
55,963
+2,470
| +5% | +$54.3K |
|
4241
Live Oak Bancshares
LOB
$1.82B
| $1.22M | ﹤0.01% |
29,965
-675
| -2% | -$25.2K |
|
|
FDIQ
4242
Invesco Bloomberg Financial Data Providers ETF
FDIQ
$40.9M
| $1.22M | ﹤0.01% |
19,127
-888
| -4% | -$61.4K |
|
4243
Option Care Health
OPCH
$3.53B
| $1.22M | ﹤0.01% |
58,301
-812
| -1% | -$18.9K |
|
|
AIAI
4244
AIAI Holdings
AIAI
$243M
| $1.22M | ﹤0.01% |
+87,889
| New | +$1.27M |
|
4245
Frontdoor
FTDR
$5.62B
| $1.22M | ﹤0.01% |
15,750
+2,131
| +16% | +$136K |
|
|
PDX
4246
PIMCO Dynamic Income Strategy Fund
PDX
$968M
| $1.22M | ﹤0.01% |
58,694
+5,136
| +10% | +$109K |
|
4247
ProShares S&P 500 ex-Technology ETF
SPXT
$296M
| $1.22M | ﹤0.01% |
11,274
+1,051
| +10% | +$113K |
|
4248
ClearPoint Neuro
CLPT
$412M
| $1.22M | ﹤0.01% |
68,391
+4,200
| +7% | +$52.5K |
|
|
JUNM
4249
FT Vest U.S. Equity Max Buffer ETF - June
JUNM
$67.1M
| $1.22M | ﹤0.01% |
34,749
| – | – |
|
|
AIPO
4250
Defiance AI & Power Infrastructure ETF
AIPO
$900M
| $1.22M | ﹤0.01% |
+36,490
| New | +$1.13M |
|
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.