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 | |
|---|---|---|---|---|---|---|
|
IAUX
4701
i-80 Gold Corp
IAUX
$1.52B
| $729K | ﹤0.01% |
506,183
+5,863
| +1% | +$9.05K |
|
4702
Lincoln Educational Services
LINC
$796M
| $728K | ﹤0.01% |
14,599
+7,499
| +106% | +$339K |
|
4703
Highwoods Properties
HIW
$3.36B
| $728K | ﹤0.01% |
24,126
-8,542
| -26% | -$221K |
|
4704
Consolidated Water Co
CWCO
$446M
| $726K | ﹤0.01% |
24,620
+783
| +3% | +$24.5K |
|
4705
CALL
ServiceNow
NOW
$138B
| $725K | ﹤0.01% |
7,300
+4,900
| +204% | +$485K |
|
4706
Adeia
ADEA
$2.97B
| $725K | ﹤0.01% |
22,001
+12,198
| +124% | +$360K |
|
4707
Replimune Group
REPL
$1.21B
| $724K | ﹤0.01% |
65,410
+52,277
| +398% | +$320K |
|
4708
Innovator US Equity Ultra Buffer ETF May
UMAY
$141M
| $724K | ﹤0.01% |
19,043
-1,089
| -5% | -$40.9K |
|
4709
Pacira BioSciences
PCRX
$1.01B
| $724K | ﹤0.01% |
28,524
-52,427
| -65% | -$1.24M |
|
4710
Northern Trust Core Bond ETF
BNDC
$169M
| $723K | ﹤0.01% |
32,715
-7,419
| -18% | -$164K |
|
4711
Varonis Systems
VRNS
$5.22B
| $722K | ﹤0.01% |
17,217
+2,706
| +19% | +$79.3K |
|
4712
Distillate Small/Mid Cash Flow ETF
DSMC
$144M
| $722K | ﹤0.01% |
17,885
-753
| -4% | -$29.6K |
|
4713
WillScot Mobile Mini Holdings
WSC
$3.4B
| $721K | ﹤0.01% |
24,987
-12,335
| -33% | -$298K |
|
|
VTEL
4714
Vanguard Long-Term Tax-Exempt Bond ETF
VTEL
$357M
| $721K | ﹤0.01% |
+6,880
| New | +$713K |
|
4715
First Trust Expanded Technology ETF
XPND
$38.7M
| $721K | ﹤0.01% |
17,226
+6,314
| +58% | +$242K |
|
4716
McGrath RentCorp
MGRC
$2.69B
| $721K | ﹤0.01% |
5,954
+57
| +1% | +$6.47K |
|
|
VFL
4717
DELISTED
abrdn National Municipal Income Fund
VFL
| $719K | ﹤0.01% |
69,358
+42,550
| +159% | +$433K |
|
4718
Newell Brands
NWL
$2.45B
| $719K | ﹤0.01% |
117,130
+26,599
| +29% | +$112K |
|
4719
ALPS Clean Energy ETF
ACES
$109M
| $718K | ﹤0.01% |
20,275
+77
| +0.4% | +$2.82K |
|
4720
Great Southern Bancorp
GSBC
$866M
| $717K | ﹤0.01% |
9,146
-464
| -5% | -$32.7K |
|
4721
State Street SPDR S&P China ETF
GXC
$459M
| $716K | ﹤0.01% |
8,270
-784
| -9% | -$73.4K |
|
|
DFSE
4722
Dimensional Emerging Markets Sustainability Core 1 ETF
DFSE
$649M
| $715K | ﹤0.01% |
14,638
+1,784
| +14% | +$85.3K |
|
4723
Visteon
VC
$2.7B
| $715K | ﹤0.01% |
7,210
-5,051
| -41% | -$552K |
|
|
DTF
4724
DTF Tax-Free Income 2028 Term Fund
DTF
$80.4M
| $715K | ﹤0.01% |
61,895
+24,612
| +66% | +$282K |
|
4725
SolarEdge
SEDG
$2.23B
| $715K | ﹤0.01% |
12,230
+3,135
| +34% | +$164K |
|
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.