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 | |
|---|---|---|---|---|---|---|
851
JPMorgan International Growth ETF
JIG
$527M
| $71.2M | 0.02% |
816,714
+75,391
| +10% | +$6.22M |
|
852
Newmont
NEM
$133B
| $70.4M | 0.02% |
753,230
-204,789
| -21% | -$22.3M |
|
853
BlackRock Intermediate Muni Income Bond ETF
INMU
$548M
| $70.3M | 0.02% |
2,896,977
+369,289
| +15% | +$8.9M |
|
854
iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SUSB
$1.29B
| $70M | 0.02% |
2,799,686
+1,171,947
| +72% | +$29.3M |
|
855
Sprott Physical Gold
PHYS
$15.7B
| $69.9M | 0.02% |
2,315,840
-45,758
| -2% | -$1.56M |
|
856
State Street SPDR MSCI USA StrategicFactors ETF
QUS
$1.56B
| $69.9M | 0.02% |
373,850
+21,052
| +6% | +$3.84M |
|
857
MKS Inc
MKSI
$18.1B
| $69.8M | 0.02% |
156,987
-17,988
| -10% | -$5.63M |
|
858
VanEck Junior Gold Miners ETF
GDXJ
$9.35B
| $69.7M | 0.02% |
709,816
+119,877
| +20% | +$13.9M |
|
859
Global X Copper Miners ETF NEW
COPX
$8B
| $69.4M | 0.02% |
901,965
+62,696
| +7% | +$5.22M |
|
860
iShares ESG Advanced MSCI USA ETF
USXF
$1.48B
| $69.4M | 0.02% |
999,571
+29,507
| +3% | +$1.91M |
|
|
EQIN
861
Columbia U.S. Equity Income ETF
EQIN
$315M
| $68.9M | 0.02% |
1,343,278
+8,874
| +0.7% | +$449K |
|
862
John Hancock Multifactor Developed International ETF
JHMD
$965M
| $68.8M | 0.02% |
1,550,235
+340,300
| +28% | +$15.2M |
|
863
Credo Technology Group
CRDO
$30.8B
| $68.8M | 0.02% |
253,005
+43,045
| +21% | +$8.51M |
|
864
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.13B
| $68.7M | 0.02% |
877,858
+113,985
| +15% | +$8.58M |
|
865
EOG Resources
EOG
$76.9B
| $68.2M | 0.02% |
525,763
+20,380
| +4% | +$2.78M |
|
866
Fidelity MSCI Health Care Index ETF
FHLC
$3.39B
| $68.2M | 0.02% |
882,513
-55,557
| -6% | -$3.99M |
|
867
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.88B
| $67.9M | 0.02% |
1,669,007
-6,594
| -0.4% | -$261K |
|
868
Elevance Health
ELV
$90.2B
| $67.8M | 0.02% |
175,397
-2,257
| -1% | -$837K |
|
869
Invesco BulletShares 2029 High Yield Corporate Bond ETF
BSJT
$594M
| $67.4M | 0.02% |
3,190,068
+311,923
| +11% | +$6.61M |
|
870
iShares Russell Top 200 ETF
IWL
$2.2B
| $66.5M | 0.01% |
359,781
-17,975
| -5% | -$3.23M |
|
871
JPMorgan US Value Factor ETF
JVAL
$977M
| $66.5M | 0.01% |
1,134,481
+490,425
| +76% | +$27M |
|
872
Invesco BuyBack Achievers ETF
PKW
$1.78B
| $66M | 0.01% |
465,875
+9,985
| +2% | +$1.37M |
|
873
Alibaba
BABA
$272B
| $66M | 0.01% |
687,152
-50,081
| -7% | -$6.27M |
|
874
AB US Large Cap Strategic Equities ETF
LRGC
$1.34B
| $66M | 0.01% |
788,805
-136,162
| -15% | -$11.1M |
|
875
Roundhill Generative AI & Technology ETF
CHAT
$1.85B
| $65.9M | 0.01% |
667,470
+129,347
| +24% | +$11.1M |
|
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.