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 | |
|---|---|---|---|---|---|---|
5001
Brookdale Senior Living
BKD
$2.89B
| $508K | ﹤0.01% |
31,546
+3,260
| +12% | +$44.3K |
|
|
ECHO
5002
PUT
EchoStar
ECHO
$26.9B
| $508K | ﹤0.01% |
+5,000
| New | +$611K |
|
5003
Paysign
PAYS
$745M
| $507K | ﹤0.01% |
+61,964
| New | +$410K |
|
5004
Eton Pharmaceutcials
ETON
$1.65B
| $507K | ﹤0.01% |
+14,017
| New | +$411K |
|
5005
First Trust Switzerland AlphaDEX Fund
FSZ
$35.7M
| $507K | ﹤0.01% |
6,181
+408
| +7% | +$33.2K |
|
5006
Madison Square Garden
MSGE
$3.69B
| $507K | ﹤0.01% |
6,265
+1,047
| +20% | +$71.4K |
|
|
AUSM
5007
Allspring Ultra Short Municipal ETF
AUSM
$33M
| $507K | ﹤0.01% |
+20,216
| New | +$507K |
|
5008
TETRA Technologies
TTI
$1.02B
| $506K | ﹤0.01% |
44,674
+19,874
| +80% | +$195K |
|
5009
PUT
Applied Materials
AMAT
$365B
| $506K | ﹤0.01% |
+700
| New | +$323K |
|
5010
Protolabs
PRLB
$1.95B
| $506K | ﹤0.01% |
6,205
+2,271
| +58% | +$160K |
|
5011
Global E Online
GLBE
$6.24B
| $505K | ﹤0.01% |
14,545
-3,925
| -21% | -$124K |
|
|
PFO
5012
Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
$117M
| $505K | ﹤0.01% |
54,614
+11,110
| +26% | +$102K |
|
5013
Under Armour Class C
UA
$2.15B
| $504K | ﹤0.01% |
81,105
-12,086
| -13% | -$69.6K |
|
5014
United Parks & Resorts
PRKS
$1.72B
| $504K | ﹤0.01% |
10,564
-1,235
| -10% | -$47.9K |
|
5015
PUT
Vanguard S&P 500 Value ETF
VOOV
$6.73B
| $504K | ﹤0.01% |
2,300
-100
| -4% | -$21.6K |
|
5016
Franklin FTSE China ETF
FLCH
$323M
| $503K | ﹤0.01% |
24,621
+4,646
| +23% | +$104K |
|
5017
SEALSQ Corp
LAES
$544M
| $502K | ﹤0.01% |
159,446
+88,908
| +126% | +$265K |
|
5018
Bank of Marin Bancorp
BMRC
$447M
| $502K | ﹤0.01% |
+18,113
| New | +$472K |
|
5019
Civeo
CVEO
$349M
| $501K | ﹤0.01% |
14,328
-2,682
| -16% | -$86.4K |
|
5020
Cedar Fair
FUN
$1.42B
| $499K | ﹤0.01% |
23,407
+36
| +0.2% | +$735 |
|
|
BMOP
5021
BNY Mellon Municipal Opportunities ETF
BMOP
$1.72B
| $498K | ﹤0.01% |
19,765
+8,316
| +73% | +$207K |
|
|
MAXJ
5022
iShares Large Cap Max Buffer Jun ETF
MAXJ
$163M
| $498K | ﹤0.01% |
17,100
+3,877
| +29% | +$112K |
|
5023
WisdomTree Voya Yield Enhanced USD Universal Bond Fund
UNIY
$1.3B
| $498K | ﹤0.01% |
10,294
+325
| +3% | +$15.8K |
|
5024
Supernus Pharmaceuticals
SUPN
$2.44B
| $498K | ﹤0.01% |
10,697
-529
| -5% | -$25.4K |
|
|
FBRT
5025
Franklin BSP Realty Trust
FBRT
$641M
| $497K | ﹤0.01% |
61,034
+4,893
| +9% | +$42.5K |
|
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.