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 | |
|---|---|---|---|---|---|---|
826
Invesco Short Term Treasury ETF
TBLL
$2.85B
| $73.9M | 0.02% |
700,226
-70,858
| -9% | -$7.48M |
|
827
Dimensional US Marketwide Value ETF
DFUV
$15.7B
| $73.8M | 0.02% |
1,341,644
-25,041
| -2% | -$1.31M |
|
828
Amplify Cybersecurity ETF
HACK
$2.86B
| $73.7M | 0.02% |
702,325
+20,913
| +3% | +$1.84M |
|
829
Carrier Global
CARR
$47.7B
| $73.5M | 0.02% |
1,002,330
+64,933
| +7% | +$4.24M |
|
830
Global X Silver Miners ETF NEW
SIL
$5.17B
| $73.4M | 0.02% |
948,174
-108,195
| -10% | -$9.72M |
|
831
iShares High Yield Systematic Bond ETF
HYDB
$1.61B
| $73.4M | 0.02% |
1,569,565
+384,069
| +32% | +$18M |
|
832
iShares iBonds Dec 2028 Term Corporate ETF
IBDT
$4.07B
| $73.1M | 0.02% |
2,896,388
+382,899
| +15% | +$9.67M |
|
833
VictoryShares WestEnd US Sector ETF
MODL
$1.08B
| $73.1M | 0.02% |
1,434,432
+276,483
| +24% | +$13.6M |
|
834
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.42B
| $73.1M | 0.02% |
1,064,472
-74,671
| -7% | -$4.99M |
|
835
Omnicom Group
OMC
$21.7B
| $73M | 0.02% |
1,001,708
-23,043
| -2% | -$1.73M |
|
836
Regions Financial
RF
$25.6B
| $72.6M | 0.02% |
2,404,667
+1,157,317
| +93% | +$32.5M |
|
837
abrdn Physical Gold Shares ETF
SGOL
$7.29B
| $72.6M | 0.02% |
1,899,023
-373,183
| -16% | -$16M |
|
838
Simon Property Group
SPG
$66.5B
| $72.6M | 0.02% |
324,448
+8,229
| +3% | +$1.69M |
|
839
First Trust Emerging Markets AlphaDEX Fund
FEM
$822M
| $72.3M | 0.02% |
2,261,075
+488,349
| +28% | +$15.8M |
|
840
National Grid
NGG
$77.4B
| $72.3M | 0.02% |
872,761
-6,307
| -0.7% | -$536K |
|
841
Fidelity Small-Mid Multifactor ETF
FSMD
$2.52B
| $72.3M | 0.02% |
1,367,259
+148,606
| +12% | +$7.35M |
|
842
Shell
SHEL
$276B
| $72.2M | 0.02% |
931,658
+25,204
| +3% | +$2.18M |
|
|
PWRD
843
TCW Transform Systems ETF
PWRD
$1.49B
| $72.1M | 0.02% |
586,451
+123,261
| +27% | +$13.8M |
|
844
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$3.04B
| $72M | 0.02% |
951,359
+68,048
| +8% | +$5.12M |
|
845
JPMorgan US Momentum Factor ETF
JMOM
$2.69B
| $71.7M | 0.02% |
838,538
+424,222
| +102% | +$33.3M |
|
846
Capital Group Short Duration Municipal Income ETF
CGSM
$1.58B
| $71.5M | 0.02% |
2,710,268
+518,860
| +24% | +$13.7M |
|
|
BPRE
847
Bluerock Private Real Estate Fund
BPRE
| $71.5M | 0.02% |
5,496,468
-282,345
| -5% | -$4.38M |
|
848
Cigna
CI
$73.8B
| $71.4M | 0.02% |
258,854
+20,724
| +9% | +$5.85M |
|
849
PIMCO Enhanced Low Duration Active Exchange-Traded Fund
LDUR
$1.34B
| $71.3M | 0.02% |
745,492
-268,810
| -27% | -$25.7M |
|
850
Colgate-Palmolive
CL
$69.9B
| $71.3M | 0.02% |
777,183
-1,465
| -0.2% | -$128K |
|
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.