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 | |
|---|---|---|---|---|---|---|
451
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
$7.63B
| $170M | 0.04% |
1,698,530
-145,770
| -8% | -$14.6M |
|
452
ARK Innovation ETF
ARKK
$6.29B
| $169M | 0.04% |
2,087,363
-15,817
| -0.8% | -$1.21M |
|
453
Emerson Electric
EMR
$84.3B
| $168M | 0.04% |
1,174,701
-26,855
| -2% | -$3.78M |
|
454
WisdomTree International Hedged Quality Dividend Growth Fund
IHDG
$2.13B
| $167M | 0.04% |
3,182,488
-592,060
| -16% | -$30.1M |
|
455
iShares TIPS Bond ETF
TIP
$14.7B
| $165M | 0.04% |
1,510,026
+107,867
| +8% | +$11.9M |
|
456
Williams Companies
WMB
$89.6B
| $165M | 0.04% |
2,219,798
+71,254
| +3% | +$5.24M |
|
457
Pacer Global Cash Cows Dividend ETF
GCOW
$3.52B
| $164M | 0.04% |
3,798,776
+298,289
| +9% | +$13.6M |
|
458
Invesco BulletShares 2028 Corporate Bond ETF
BSCS
$3.51B
| $164M | 0.04% |
8,069,411
+416,628
| +5% | +$8.5M |
|
459
Parker-Hannifin
PH
$119B
| $164M | 0.04% |
167,755
+1,122
| +0.7% | +$1.03M |
|
460
American Electric Power
AEP
$67.3B
| $164M | 0.04% |
1,197,999
+109,245
| +10% | +$14.4M |
|
461
Thermo Fisher Scientific
TMO
$226B
| $163M | 0.04% |
325,602
-11,673
| -3% | -$5.6M |
|
462
Illinois Tool Works
ITW
$76.3B
| $163M | 0.04% |
602,454
-114
| -0% | -$29.6K |
|
463
ConocoPhillips
COP
$164B
| $163M | 0.04% |
1,567,253
+103,182
| +7% | +$12.2M |
|
|
MFSV
464
MFS Active Value ETF
MFSV
$599M
| $163M | 0.04% |
5,700,107
+1,131,449
| +25% | +$31.4M |
|
465
First Trust Active Factor Large Cap ETF
AFLG
$768M
| $163M | 0.04% |
3,749,879
+395,476
| +12% | +$16.8M |
|
466
Invesco FTSE RAFI US 1000 ETF
PRF
$10.1B
| $162M | 0.04% |
2,999,878
+200,988
| +7% | +$10.5M |
|
467
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.47B
| $161M | 0.04% |
3,434,779
-107,520
| -3% | -$4.84M |
|
468
CVS Health
CVS
$120B
| $161M | 0.04% |
1,555,458
+110,500
| +8% | +$9.86M |
|
469
Pacer US Small Cap Cash Cows 100 ETF
CALF
$3.84B
| $160M | 0.04% |
3,165,036
+27,290
| +0.9% | +$1.32M |
|
470
First Trust Limited Duration Investment Grade Corporate ETF
FSIG
$1.52B
| $159M | 0.04% |
8,421,429
-205,110
| -2% | -$3.89M |
|
471
JPMorgan Ultra-Short Municipal Income ETF
JMST
$7.37B
| $157M | 0.04% |
3,079,442
+160
| +0% | +$8.15K |
|
472
British American Tobacco
BTI
$119B
| $157M | 0.04% |
2,536,967
+147,142
| +6% | +$8.88M |
|
473
Enterprise Products Partners
EPD
$84.1B
| $157M | 0.04% |
4,261,876
+96,136
| +2% | +$3.63M |
|
474
Invesco Variable Rate Investment Grade ETF
VRIG
$1.92B
| $157M | 0.04% |
6,248,391
+1,083,440
| +21% | +$27.2M |
|
475
WEC Energy
WEC
$34.4B
| $157M | 0.04% |
1,340,850
+142,391
| +12% | +$16.2M |
|
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.