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 | |
|---|---|---|---|---|---|---|
4401
Nuveen Core Plus Impact Fund
NPCT
$281M
| $1.02M | ﹤0.01% |
100,542
+17,022
| +20% | +$173K |
|
4402
Levi Strauss
LEVI
$7.81B
| $1.02M | ﹤0.01% |
40,912
+2,137
| +6% | +$48.2K |
|
4403
Sarepta Therapeutics
SRPT
$2.17B
| $1.01M | ﹤0.01% |
56,462
+9,651
| +21% | +$183K |
|
4404
CoreCivic
CXW
$3.44B
| $1.01M | ﹤0.01% |
33,355
+3,128
| +10% | +$70.9K |
|
4405
iShares Global Consumer Discretionary ETF
RXI
$249M
| $1.01M | ﹤0.01% |
5,251
+561
| +12% | +$110K |
|
4406
WisdomTree Europe SmallCap Dividend Fund
DFE
$169M
| $1.01M | ﹤0.01% |
14,059
+267
| +2% | +$20.2K |
|
|
AGGM
4407
iShares 1-10 Year U.S. Aggregate Bond ETF
AGGM
$106M
| $1.01M | ﹤0.01% |
9,744
+177
| +2% | +$18.4K |
|
|
MLPI
4408
NEOS MLP & Energy Infrastructure High Income ETF
MLPI
$871M
| $1.01M | ﹤0.01% |
+18,360
| New | +$1.03M |
|
4409
ALPS Strategic Income Fund
RIGS
$62.2M
| $1.01M | ﹤0.01% |
44,289
-8,850
| -17% | -$202K |
|
4410
Innovator International Developed Power Buffer ETF March
IMAR
$110M
| $1.01M | ﹤0.01% |
33,099
+5,742
| +21% | +$173K |
|
4411
PUT
Lincoln National
LNC
$8.25B
| $1.01M | ﹤0.01% |
28,500
+7,400
| +35% | +$266K |
|
4412
Business First Bancshares
BFST
$1.02B
| $1.01M | ﹤0.01% |
32,783
| – | – |
|
4413
St. Joe Company
JOE
$3.72B
| $1.01M | ﹤0.01% |
16,059
+2,475
| +18% | +$162K |
|
4414
MGIC Investment
MTG
$6.32B
| $1.01M | ﹤0.01% |
35,659
-12,216
| -26% | -$326K |
|
4415
Remitly
RELY
$4.71B
| $1M | ﹤0.01% |
44,843
+34,146
| +319% | +$700K |
|
4416
PUT
CAVA Group
CAVA
$6.48B
| $1M | ﹤0.01% |
12,800
+7,800
| +156% | +$654K |
|
4417
iShares MSCI Norway ETF
ENOR
$91M
| $1M | ﹤0.01% |
31,932
+24,604
| +336% | +$889K |
|
4418
PUT
Robinhood
HOOD
$103B
| $1M | ﹤0.01% |
10,000
| – | – |
|
4419
Utah Medical Products
UTMD
$221M
| $1M | ﹤0.01% |
14,528
+3,047
| +27% | +$203K |
|
4420
Freshpet
FRPT
$3.13B
| $1M | ﹤0.01% |
16,948
-564
| -3% | -$32.3K |
|
|
HTO
4421
H2O America
HTO
$2.63B
| $995K | ﹤0.01% |
16,370
+6,089
| +59% | +$353K |
|
4422
Evertec
EVTC
$1.75B
| $993K | ﹤0.01% |
35,762
-6,326
| -15% | -$168K |
|
4423
Nuveen Municipal Income
NMI
$121M
| $993K | ﹤0.01% |
90,085
+1,188
| +1% | +$12.7K |
|
4424
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$21.3B
| $992K | ﹤0.01% |
3,720
-867
| -19% | -$146K |
|
4425
MicroSectors FANG+ ETNs due Jan 8 2038
FNGS
$602M
| – | – |
-13,669
| Closed | -$981K |
|
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.