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 | |
|---|---|---|---|---|---|---|
5201
TFS Financial
TFSL
$4.75B
| $411K | ﹤0.01% |
23,192
+4,392
| +23% | +$68.5K |
|
|
HIX
5202
Western Asset High Income Fund II
HIX
$343M
| $411K | ﹤0.01% |
103,737
-12,631
| -11% | -$50.2K |
|
|
BRSL
5203
Brightstar Lottery PLC
BRSL
$1.99B
| $410K | ﹤0.01% |
38,292
+3,355
| +10% | +$39.9K |
|
5204
Quest Resource Holding
QRHC
$28.9M
| $410K | ﹤0.01% |
325,780
-17,500
| -5% | -$21.1K |
|
5205
Enterprise Financial Services Corp
EFSC
$2.31B
| $409K | ﹤0.01% |
6,214
+815
| +15% | +$49K |
|
5206
Camping World
CWH
$387M
| $409K | ﹤0.01% |
53,598
-7,328
| -12% | -$53.1K |
|
|
HUMN
5207
Roundhill Humanoid Robotics ETF
HUMN
$93.8M
| $409K | ﹤0.01% |
+11,591
| New | +$399K |
|
5208
Fidelity Investment Grade Bond ETF
FIGB
$642M
| $408K | ﹤0.01% |
9,531
+2,515
| +36% | +$108K |
|
5209
Bit Digital
BTBT
$588M
| $408K | ﹤0.01% |
226,618
-110,779
| -33% | -$195K |
|
5210
PUT
Affirm
AFRM
$23.9B
| $408K | ﹤0.01% |
+5,000
| New | +$327K |
|
5211
NCR Atleos
NATL
$3.44B
| $408K | ﹤0.01% |
9,393
-107
| -1% | -$4.75K |
|
5212
REX American Resources
REX
$1.38B
| $407K | ﹤0.01% |
9,021
| – | – |
|
|
FNRN
5213
First Northern Community Bancorp
FNRN
$283M
| $407K | ﹤0.01% |
+22,674
| New | +$395K |
|
5214
Banc of California
BANC
$2.92B
| $407K | ﹤0.01% |
19,910
-57,279
| -74% | -$1.09M |
|
5215
Strive Inc
ASST
$2.64B
| $407K | ﹤0.01% |
37,265
+16,900
| +83% | +$250K |
|
5216
XP
XP
$10.1B
| $406K | ﹤0.01% |
24,955
+9,787
| +65% | +$174K |
|
5217
Candel Therapeutics
CADL
$795M
| $404K | ﹤0.01% |
39,227
+14,525
| +59% | +$110K |
|
5218
TripAdvisor
TRIP
$1.05B
| $403K | ﹤0.01% |
29,421
-3,862
| -12% | -$43.7K |
|
5219
Vir Biotechnology
VIR
$1.78B
| $403K | ﹤0.01% |
39,519
-12,481
| -24% | -$119K |
|
5220
Cohen & Steers
CNS
$3.93B
| $402K | ﹤0.01% |
5,281
-1,454
| -22% | -$103K |
|
5221
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$141M
| $402K | ﹤0.01% |
11,678
+3,679
| +46% | +$123K |
|
|
SAIL
5222
SailPoint Inc
SAIL
$9.64B
| $402K | ﹤0.01% |
27,425
+1,092
| +4% | +$14.9K |
|
5223
Taylor Devices
TAYD
$197M
| $400K | ﹤0.01% |
6,820
-141
| -2% | -$7.63K |
|
5224
Tecnoglass Holdings
TGLS
$1.71B
| $400K | ﹤0.01% |
8,538
-44
| -0.5% | -$1.9K |
|
5225
GeoPark
GPRK
$749M
| $399K | ﹤0.01% |
43,890
-10,525
| -19% | -$102K |
|
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.