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 | |
|---|---|---|---|---|---|---|
|
MRSH
876
Marsh
MRSH
$84.4B
| $65.8M | 0.01% |
394,645
-26,179
| -6% | -$4.38M |
|
877
Invesco Variable Rate Preferred ETF
VRP
$3B
| $65.5M | 0.01% |
2,694,551
-199,519
| -7% | -$4.85M |
|
878
AGNC Investment
AGNC
$12.1B
| $65.4M | 0.01% |
5,999,787
+247,787
| +4% | +$2.61M |
|
879
Global X Russell 2000 Covered Call ETF
RYLD
$1.38B
| $64.8M | 0.01% |
4,055,219
+393,596
| +11% | +$6.13M |
|
880
iShares US Financials ETF
IYF
$4.3B
| $64.7M | 0.01% |
507,194
-53,239
| -9% | -$6.61M |
|
881
Nucor
NUE
$58.8B
| $64.5M | 0.01% |
289,343
+5,111
| +2% | +$1.16M |
|
882
Strategy Inc
MSTR
$53B
| $64.3M | 0.01% |
739,642
+32,475
| +5% | +$4.71M |
|
883
WisdomTree Yield Enhanced US Aggregate Bond Fund
AGGY
$898M
| $64.2M | 0.01% |
1,475,433
-27,767
| -2% | -$1.21M |
|
884
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.86B
| $64.1M | 0.01% |
258,714
-36,973
| -13% | -$7.96M |
|
885
Touchstone Dynamic International ETF
TDI
$494M
| $64M | 0.01% |
1,424,701
+742,446
| +109% | +$33M |
|
886
TC Energy
TRP
$63.5B
| $63.8M | 0.01% |
963,177
+29,478
| +3% | +$1.95M |
|
887
Rocket Lab Corp
RKLB
$41.1B
| $63.8M | 0.01% |
627,617
+90,404
| +17% | +$9.01M |
|
888
abrdn Physical Silver Shares ETF
SIVR
$4.36B
| $63.7M | 0.01% |
1,132,365
-114,400
| -9% | -$7.97M |
|
889
Global X US Preferred ETF
PFFD
$2.13B
| $63.5M | 0.01% |
3,399,971
-210,132
| -6% | -$3.96M |
|
890
FT Vest Gold Strategy Target Income ETF
IGLD
$595M
| $63.4M | 0.01% |
3,010,754
+628,689
| +26% | +$15M |
|
891
Franklin Systematic Style Premia ETF
FLSP
$1.07B
| $63.2M | 0.01% |
2,282,775
+655,277
| +40% | +$17.9M |
|
892
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.28B
| $63.1M | 0.01% |
2,725,729
-615,760
| -18% | -$14.2M |
|
893
Royal Caribbean
RCL
$70.1B
| $62.9M | 0.01% |
198,073
+9,243
| +5% | +$2.58M |
|
894
Becton Dickinson
BDX
$48B
| $62.9M | 0.01% |
415,533
+30,546
| +8% | +$4.57M |
|
895
Cintas
CTAS
$80.9B
| $62.8M | 0.01% |
369,360
-3,924
| -1% | -$678K |
|
896
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.89B
| $62.7M | 0.01% |
1,252,523
-238,346
| -16% | -$11.9M |
|
897
Snap-on
SNA
$19.5B
| $62.5M | 0.01% |
155,380
+7,917
| +5% | +$2.99M |
|
898
KKR & Co
KKR
$91.4B
| $62.4M | 0.01% |
679,426
+24,902
| +4% | +$2.41M |
|
899
iShares MSCI ACWI ETF
ACWI
$33.2B
| $62.1M | 0.01% |
395,481
+27,321
| +7% | +$4.17M |
|
|
GRNY
900
FundStrat Granny Shots US Large Cap ETF
GRNY
$4.49B
| $62M | 0.01% |
2,241,312
+644,528
| +40% | +$17.1M |
|
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.