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 | |
|---|---|---|---|---|---|---|
|
WTPI
901
WisdomTree Equity Premium Income Fund
WTPI
$531M
| $61.8M | 0.01% |
1,883,263
+217,930
| +13% | +$7.17M |
|
902
PUT
Invesco QQQ Trust
QQQ
$489B
| $61.7M | 0.01% |
83,800
+33,500
| +67% | +$23M |
|
903
Ford
F
$55.8B
| $61.5M | 0.01% |
4,427,829
-29,740
| -0.7% | -$401K |
|
904
Principal Spectrum Preferred Securities Active ETF
PREF
$1.87B
| $61.5M | 0.01% |
3,227,005
+121,548
| +4% | +$2.31M |
|
905
General Motors
GM
$75.5B
| $61.4M | 0.01% |
796,842
-9,696
| -1% | -$762K |
|
906
American Water Works
AWK
$27.5B
| $61.3M | 0.01% |
466,253
+38,977
| +9% | +$5.01M |
|
907
iShares Dow Jones US ETF
IYY
$3.04B
| $61.3M | 0.01% |
336,065
+31,563
| +10% | +$5.57M |
|
|
XOVR
908
EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF
XOVR
$1.52B
| $61.1M | 0.01% |
2,904,466
+2,532,285
| +680% | +$48.4M |
|
909
Cloudflare
NET
$109B
| $61.1M | 0.01% |
249,090
+10,633
| +4% | +$2.33M |
|
910
Alliant Energy
LNT
$17.5B
| $60.8M | 0.01% |
797,231
+4,760
| +0.6% | +$347K |
|
911
PIMCO Municipal Income Opportunities Active ETF
MINO
$748M
| $60.8M | 0.01% |
1,328,986
+260,663
| +24% | +$11.8M |
|
912
First Trust Financials AlphaDEX Fund
FXO
$1.11B
| $60.8M | 0.01% |
973,096
-42,331
| -4% | -$2.52M |
|
913
VanEck Preferred Securities ex Financials ETF
PFXF
$2.4B
| $60.7M | 0.01% |
3,401,334
+185,096
| +6% | +$3.4M |
|
914
TE Connectivity
TEL
$61.6B
| $60.6M | 0.01% |
300,445
-36,861
| -11% | -$7.85M |
|
915
Nike
NKE
$54.8B
| $60.5M | 0.01% |
1,473,311
-82,017
| -5% | -$3.61M |
|
916
iShares Core Moderate Allocation ETF
AOM
$1.79B
| $60.3M | 0.01% |
1,208,139
-49,622
| -4% | -$2.44M |
|
917
Touchstone Ultra Short Income ETF
TUSI
$669M
| $60M | 0.01% |
2,377,125
+618,120
| +35% | +$15.7M |
|
|
OAKM
918
Oakmark U.S. Large Cap ETF
OAKM
$1.15B
| $60M | 0.01% |
2,130,645
+15,524
| +0.7% | +$436K |
|
919
iShares Emerging Markets Equity Factor ETF
EMGF
$1.95B
| $60M | 0.01% |
819,076
+78,398
| +11% | +$5.49M |
|
920
Delta Air Lines
DAL
$52.4B
| $59.9M | 0.01% |
639,568
+19,580
| +3% | +$1.48M |
|
921
SLB Ltd
SLB
$83B
| $59.9M | 0.01% |
1,288,030
+33,565
| +3% | +$1.8M |
|
|
AXON
922
Axon Enterprise
AXON
$39B
| $59.8M | 0.01% |
106,596
+11,511
| +12% | +$4.82M |
|
923
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.42B
| $59.8M | 0.01% |
1,186,359
+78,916
| +7% | +$3.97M |
|
924
iShares US Consumer Staples ETF
IYK
$1.39B
| $59.5M | 0.01% |
819,267
-40,159
| -5% | -$2.87M |
|
925
Xylem
XYL
$25B
| $59.4M | 0.01% |
502,876
+7,777
| +2% | +$898K |
|
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.