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 | |
|---|---|---|---|---|---|---|
676
Virtus Reaves Utilities ETF
UTES
$1.23B
| $98M | 0.02% |
1,198,948
+14,040
| +1% | +$1.14M |
|
677
Celestica
CLS
$43B
| $97.7M | 0.02% |
267,912
+8,315
| +3% | +$3.12M |
|
|
CRWV
678
CoreWeave
CRWV
$49.8B
| $97.7M | 0.02% |
981,268
+179,900
| +22% | +$19.4M |
|
679
iShares ESG Aware MSCI EM ETF
ESGE
$7.01B
| $97.4M | 0.02% |
1,781,398
+98,120
| +6% | +$5.13M |
|
680
AB Tax-Aware Short Duration Municipal ETF
TAFI
$1.37B
| $97.3M | 0.02% |
3,858,906
+47,084
| +1% | +$1.19M |
|
681
Goldman Sachs Access Ultra Short Bond ETF
GSST
$1.64B
| $97.3M | 0.02% |
1,923,139
+266,679
| +16% | +$13.5M |
|
682
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.2B
| $97.2M | 0.02% |
945,480
+38,052
| +4% | +$3.87M |
|
683
TotalEnergies
TTE
$203B
| $97.2M | 0.02% |
1,249,548
-281,371
| -18% | -$24.9M |
|
684
Progressive
PGR
$125B
| $97M | 0.02% |
444,022
-59,722
| -12% | -$12M |
|
|
SCHR
685
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.3B
| $96.8M | 0.02% |
3,926,926
+1,804,333
| +85% | +$44.6M |
|
686
Vanguard International Dividend Appreciation ETF
VIGI
$9.07B
| $96.6M | 0.02% |
1,034,548
+21,414
| +2% | +$1.98M |
|
687
Nuveen ESG Large-Cap Value ETF
NULV
$2.53B
| $96.3M | 0.02% |
1,926,658
+28,839
| +2% | +$1.43M |
|
688
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.07B
| $96.2M | 0.02% |
1,087,333
+184,727
| +20% | +$17.9M |
|
689
T. Rowe Price International Equity ETF
TOUS
$1.67B
| $95.5M | 0.02% |
2,489,051
+59,317
| +2% | +$2.2M |
|
690
JPMorgan Income ETF
JPIE
$10.7B
| $95.4M | 0.02% |
2,071,878
+1,350,568
| +187% | +$62.2M |
|
691
Schwab U.S Small- Cap ETF
SCHA
$22.4B
| $95.4M | 0.02% |
2,640,354
-56,838
| -2% | -$1.88M |
|
|
HIMU
692
iShares High Yield Muni Active ETF
HIMU
$2.48B
| $95.4M | 0.02% |
1,914,821
+234,913
| +14% | +$11.5M |
|
693
ActivePassive US Equity ETF
APUE
$2.54B
| $95.3M | 0.02% |
2,063,015
+103,665
| +5% | +$4.62M |
|
694
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.15B
| $95.2M | 0.02% |
4,047,709
+868,230
| +27% | +$20.2M |
|
695
Public Service Enterprise Group
PEG
$36.1B
| $95.2M | 0.02% |
1,172,859
-4,092
| -0.3% | -$327K |
|
696
MetLife
MET
$61.4B
| $95.1M | 0.02% |
1,124,034
-336
| -0% | -$27.1K |
|
697
Harbor Commodity All-Weather Strategy ETF
HGER
$4.62B
| $94.9M | 0.02% |
3,234,296
+389,447
| +14% | +$12.2M |
|
698
iShares MSCI South Korea ETF
EWY
$28.9B
| $94.5M | 0.02% |
467,957
+191,273
| +69% | +$33.8M |
|
699
iShares iBonds Dec 2026 Term Corporate ETF
IBDR
$3.28B
| $94M | 0.02% |
3,879,923
-165,044
| -4% | -$4M |
|
700
Invesco S&P MidCap 400 Revenue ETF
RWK
$1.32B
| $94M | 0.02% |
642,574
+17,084
| +3% | +$2.39M |
|
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.