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 | |
|---|---|---|---|---|---|---|
951
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.5B
| $56.1M | 0.01% |
1,170,165
+281,560
| +32% | +$13.5M |
|
952
Devon Energy
DVN
$54.7B
| $56M | 0.01% |
1,356,177
+351,115
| +35% | +$16.3M |
|
|
VOLT
953
Tema Electrification ETF
VOLT
$742M
| $56M | 0.01% |
1,336,409
+529,236
| +66% | +$20.8M |
|
954
State Street Ultra Short Term Bond ETF
ULST
$513M
| $56M | 0.01% |
1,384,703
+91,332
| +7% | +$3.69M |
|
955
Corteva
CTVA
$55.3B
| $55.7M | 0.01% |
657,279
-5,224
| -0.8% | -$419K |
|
956
Spotify
SPOT
$108B
| $55.6M | 0.01% |
121,171
+916
| +0.8% | +$437K |
|
957
Invesco Water Resources ETF
PHO
$1.95B
| $55.6M | 0.01% |
804,161
-31,937
| -4% | -$2.16M |
|
|
FLCG
958
Federated Hermes MDT Large Cap Growth ETF
FLCG
$622M
| $55.5M | 0.01% |
1,666,975
+545,180
| +49% | +$18.1M |
|
959
First Trust Multi Cap Growth AlphaDEX Fund
FAD
$584M
| $55.3M | 0.01% |
276,498
+78,565
| +40% | +$14.3M |
|
960
Synopsys
SNPS
$76.7B
| $55.3M | 0.01% |
123,894
+6,326
| +5% | +$2.97M |
|
961
State Street SPDR Dow Jones REIT ETF
RWR
$1.82B
| $54.9M | 0.01% |
485,751
+41,565
| +9% | +$4.55M |
|
962
iShares US Industrials ETF
IYJ
$1.95B
| $54.8M | 0.01% |
328,994
+16,485
| +5% | +$2.6M |
|
963
JPMorgan Global Select Equity ETF
JGLO
$6.55B
| $54.8M | 0.01% |
769,101
-610,073
| -44% | -$42.7M |
|
|
VPLS
964
Vanguard Core Plus Bond ETF
VPLS
$1.91B
| $54.7M | 0.01% |
704,775
+60,928
| +9% | +$4.72M |
|
965
Horizon Kinetics Inflation Beneficiaries ETF
INFL
$1.65B
| $54.5M | 0.01% |
1,091,671
+123,216
| +13% | +$6.41M |
|
966
Rio Tinto
RIO
$162B
| $54.4M | 0.01% |
572,797
+58,106
| +11% | +$5.89M |
|
967
JPMorgan Limited Duration Bond ETF
JPLD
$4.01B
| $54.3M | 0.01% |
1,040,372
-114,434
| -10% | -$5.97M |
|
968
Agnico Eagle Mines
AEM
$101B
| $54.2M | 0.01% |
349,513
-35,135
| -9% | -$6.51M |
|
969
Eagle Materials
EXP
$5.71B
| $54.2M | 0.01% |
240,787
+7,941
| +3% | +$1.66M |
|
970
Vanguard World Funds Extended Duration ETF
EDV
$3.68B
| $54.1M | 0.01% |
830,743
-24,683
| -3% | -$1.58M |
|
971
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$701M
| $54M | 0.01% |
966,882
+291,068
| +43% | +$16.2M |
|
|
TTEQ
972
T. Rowe Price Technology ETF
TTEQ
$456M
| $53.9M | 0.01% |
1,208,854
+802,825
| +198% | +$31.8M |
|
973
Dimensional Core Fixed Income ETF
DFCF
$11.4B
| $53.8M | 0.01% |
1,275,520
+157,870
| +14% | +$6.67M |
|
974
Invesco AI and Next Gen Software ETF
IGPT
$1.27B
| $53.8M | 0.01% |
516,825
+58,072
| +13% | +$5M |
|
975
Invesco Preferred ETF
PGX
$3.68B
| $53.8M | 0.01% |
4,960,339
-352,395
| -7% | -$3.89M |
|
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.