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 | |
|---|---|---|---|---|---|---|
976
SoFi Technologies
SOFI
$22.3B
| $53.7M | 0.01% |
2,992,786
+17,749
| +0.6% | +$301K |
|
977
First Trust Active Factor Mid Cap ETF
AFMC
$216M
| $53.6M | 0.01% |
1,306,979
+56,380
| +5% | +$2.2M |
|
|
MFSG
978
MFS Active Growth ETF
MFSG
$381M
| $53.1M | 0.01% |
1,755,961
+60,334
| +4% | +$1.77M |
|
979
American Century Quality Diversified International ETF
QINT
$777M
| $53M | 0.01% |
763,794
+41,955
| +6% | +$2.91M |
|
980
Amplify Blockchain Technology ETF
BLOK
$1.13B
| $52.8M | 0.01% |
842,571
+76,716
| +10% | +$4.73M |
|
981
BNY Mellon US Large Cap Core Equity ETF
BKLC
$5.78B
| $52.8M | 0.01% |
1,103,826
+349,443
| +46% | +$16.2M |
|
982
NXP Semiconductors
NXPI
$60B
| $52.6M | 0.01% |
187,143
+24,403
| +15% | +$6.73M |
|
983
ClearBridge Dividend Strategy ESG ETF
YLDE
$171M
| $52.5M | 0.01% |
944,594
+28,086
| +3% | +$1.56M |
|
984
Hartford Multifactor US Equity ETF
ROUS
$749M
| $52.3M | 0.01% |
775,856
+51,077
| +7% | +$3.29M |
|
985
Hilton Worldwide
HLT
$69.5B
| $52.3M | 0.01% |
158,152
-521
| -0.3% | -$171K |
|
986
JPMorgan Diversified Return US Small Cap Equity ETF
JPSE
$588M
| $52.1M | 0.01% |
866,298
-40,823
| -5% | -$2.34M |
|
987
Intercontinental Exchange
ICE
$88.7B
| $51.8M | 0.01% |
420,542
+30,519
| +8% | +$4.58M |
|
988
Inspire 500 ETF
PTL
$877M
| $51.5M | 0.01% |
179,978
+47,849
| +36% | +$13.2M |
|
989
First Trust California Municipal High income ETF
FCAL
$217M
| $51.3M | 0.01% |
1,032,799
+90,535
| +10% | +$4.47M |
|
990
iShares US Transportation ETF
IYT
$2.12B
| $51.2M | 0.01% |
589,896
+365,977
| +163% | +$29.9M |
|
991
FS KKR Capital
FSK
$3.3B
| $51.1M | 0.01% |
4,868,176
+461,790
| +10% | +$4.97M |
|
992
NRG Energy
NRG
$24B
| $51M | 0.01% |
349,287
+39,158
| +13% | +$5.64M |
|
993
iShares Future Exponential Technologies ETF
XT
$3.9B
| $50.9M | 0.01% |
616,361
-2,990
| -0.5% | -$233K |
|
994
iShares Global REIT ETF
REET
$4.87B
| $50.9M | 0.01% |
1,842,951
-13,455
| -0.7% | -$365K |
|
995
iShares Russell Top 200 Value ETF
IWX
$3.96B
| $50.8M | 0.01% |
483,315
-95,793
| -17% | -$9.7M |
|
996
Fidelity MSCI Utilities Index ETF
FUTY
$2.27B
| $50.7M | 0.01% |
867,808
+22,692
| +3% | +$1.33M |
|
997
Jabil
JBL
$33.4B
| $50.7M | 0.01% |
131,487
+13,186
| +11% | +$4.55M |
|
|
EXUS
998
Nomura Focused International Core ETF
EXUS
$101M
| $50.7M | 0.01% |
1,772,121
+529,143
| +43% | +$14.3M |
|
999
WisdomTree India Earnings Fund ETF
EPI
$1.99B
| $50.6M | 0.01% |
1,183,780
-187,258
| -14% | -$7.98M |
|
1000
iShares iBonds 2026 Term High Yield and Income ETF
IBHF
$740M
| $50.5M | 0.01% |
2,228,248
+182,841
| +9% | +$4.16M |
|
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.