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 |
Capital Group Dividend Value ETF
CGDV
|
+$486M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$472M |
| 3 |
iShares MSCI EAFE Value ETF
EFV
|
+$468M |
| 4 |
THRO
iShares U.S. Thematic Rotation Active ETF
THRO
|
+$457M |
| 5 |
iShares Core International Aggregate Bond Fund
IAGG
|
+$358M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$728M |
| 2 |
iShares MSCI Emerging Markets ex China ETF
EMXC
|
+$336M |
| 3 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$93.5M |
| 4 |
Invesco Preferred ETF
PGX
|
+$91.8M |
| 5 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$82.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.48% |
| 2 | Financials | 3.73% |
| 3 | Consumer Discretionary | 2.77% |
| 4 | Communication Services | 2.41% |
| 5 | Industrials | 2.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FITB
4626
PUT
Fifth Third Bancorp
FITB
$51.3B
| $366K | ﹤0.01% |
8,900
-10,800
| -55% | -$405K |
|
4627
VanEck Israel ETF
ISRA
$151M
| $366K | ﹤0.01% |
7,062
+553
| +8% | +$25.2K |
|
4628
Procept Biorobotics
PRCT
$1.02B
| $366K | ﹤0.01% |
6,350
-1,257
| -17% | -$71.1K |
|
4629
Kinetik
KNTK
$3.68B
| $366K | ﹤0.01% |
8,298
-871
| -9% | -$38.2K |
|
4630
PUT
Robinhood
HOOD
$77.7B
| $365K | ﹤0.01% |
+3,900
| New | +$231K |
|
|
MDV
4631
Modiv Industrial
MDV
$181M
| $364K | ﹤0.01% |
25,870
+50
| +0.2% | +$742 |
|
4632
MasterBrand
MBC
$1.04B
| $363K | ﹤0.01% |
33,174
+2,222
| +7% | +$24.6K |
|
4633
Telkom Indonesia
TLK
$14.4B
| $362K | ﹤0.01% |
21,349
-8,610
| -29% | -$138K |
|
4634
Vident International Equity Strategy
VIDI
$435M
| $361K | ﹤0.01% |
12,211
+1,552
| +15% | +$42.8K |
|
|
CHX
4635
DELISTED
ChampionX
CHX
| $361K | ﹤0.01% |
14,520
-2,265
| -13% | -$57K |
|
4636
CALL
Intel
INTC
$460B
| $361K | ﹤0.01% |
16,100
-6,600
| -29% | -$137K |
|
|
KRMN
4637
Karman Holdings
KRMN
$6.26B
| $360K | ﹤0.01% |
+7,153
| New | +$288K |
|
4638
Eos Energy Enterprises
EOSE
$1.31B
| $360K | ﹤0.01% |
70,294
+40,569
| +136% | +$199K |
|
|
OPPJ
4639
WisdomTree Trust WisdomTree Japan Opportunities Fund
OPPJ
$279M
| $359K | ﹤0.01% |
+9,826
| New | +$345K |
|
4640
RH Tactical Outlook ETF
RHTX
$7.94M
| $359K | ﹤0.01% |
21,585
+2,103
| +11% | +$33.1K |
|
|
TGI
4641
DELISTED
Triumph Group
TGI
| $359K | ﹤0.01% |
13,932
+1,774
| +15% | +$45.2K |
|
4642
Colony Bankcorp
CBAN
$462M
| $358K | ﹤0.01% |
21,733
-23
| -0.1% | -$356 |
|
4643
Ultragenyx Pharmaceutical
RARE
$2.56B
| $358K | ﹤0.01% |
9,840
+327
| +3% | +$11.8K |
|
4644
CALL
Eaton
ETN
$150B
| $357K | ﹤0.01% |
1,000
-600
| -38% | -$185K |
|
4645
LCNB Corp
LCNB
$286M
| $357K | ﹤0.01% |
24,556
+10,995
| +81% | +$159K |
|
4646
CALL
CrowdStrike
CRWD
$189B
| $357K | ﹤0.01% |
+2,800
| New | +$304K |
|
4647
OptimizeRx
OPRX
$118M
| $356K | ﹤0.01% |
+26,390
| New | +$289K |
|
4648
Woori Financial
WF
$17.1B
| $356K | ﹤0.01% |
7,163
-5,975
| -45% | -$236K |
|
4649
First Trust Developed Markets ex-US Small Cap AlphaDEX Fund
FDTS
$12.9M
| $356K | ﹤0.01% |
7,049
-355
| -5% | -$16.1K |
|
4650
PUT
Stryker
SYK
$133B
| $356K | ﹤0.01% |
900
| – | – |
|
Similar funds
LPL Financial's Q2 2025 Portfolio in Review
As of Q2 2025, LPL Financial held 5,729 positions worth $300B, up 17% from $257B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
LPL Financial deployed $20.8B of net new capital in Q2 2025, opening 391 new positions and adding to 3,438 existing holdings. Its largest new stake was JPMorgan Mortgage-Backed Securities ETF: 4,689,747 shares worth $235M.
By sector, the portfolio is most concentrated in Technology at 8.5% of assets, up from 7.4% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was iShares Core S&P 500 ETF, an estimated $728M trimmed.
- LPL Financial's largest Q2 2025 buy was JPMorgan Mortgage-Backed Securities ETF: 4,689,747 shares worth $235M.
- LPL Financial added most to Capital Group Dividend Value ETF in Q2 2025, an estimated $486M increase.
- LPL Financial's biggest Q2 2025 reduction was iShares Core S&P 500 ETF, cutting an estimated $728M.
- LPL Financial fully exited Discover Financial Services in Q2 2025, selling an estimated $31.5M.
- LPL Financial's ten largest holdings make up 15% of its $300B portfolio in Q2 2025.
- LPL Financial opened 391 new positions and closed 181 in Q2 2025.
- LPL Financial's portfolio value rose 17% quarter-over-quarter to $300B.
Based on LPL Financial's 13F filing for Q2 2025, filed 12 Aug 2025.