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 | |
|---|---|---|---|---|---|---|
|
AGIX
1026
KraneShares Public-Private AI & Technology ETF
AGIX
$853M
| $48.1M | 0.01% |
1,024,841
+777,957
| +315% | +$33M |
|
|
SYFI
1027
AB Short Duration High Yield ETF
SYFI
$958M
| $47.9M | 0.01% |
1,341,796
+36,438
| +3% | +$1.3M |
|
1028
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$5.08B
| $47.8M | 0.01% |
1,871,545
+338,496
| +22% | +$8.64M |
|
1029
Invesco BulletShares 2027 High Yield Corporate Bond ETF
BSJR
$904M
| $47.5M | 0.01% |
2,124,675
+148,200
| +7% | +$3.32M |
|
1030
iShares MSCI World ETF
URTH
$8.24B
| $47.4M | 0.01% |
233,752
-10,132
| -4% | -$2M |
|
1031
Albemarle
ALB
$14B
| $47.3M | 0.01% |
350,496
-163,990
| -32% | -$28.9M |
|
1032
Invesco S&P Ultra Dividend Revenue ETF
RDIV
$1.43B
| $47.2M | 0.01% |
813,578
+63,457
| +8% | +$3.62M |
|
1033
Broadridge
BR
$19.1B
| $47.2M | 0.01% |
344,470
-8,499
| -2% | -$1.28M |
|
1034
First Trust Health Care AlphaDEX Fund
FXH
$1.12B
| $47.1M | 0.01% |
384,716
+102,864
| +36% | +$11.8M |
|
1035
TechnipFMC
FTI
$29.6B
| $46.9M | 0.01% |
707,323
+233,081
| +49% | +$16.5M |
|
1036
Ross Stores
ROST
$73.3B
| $46.8M | 0.01% |
219,756
+2,234
| +1% | +$503K |
|
|
BENJ
1037
Horizon Landmark ETF
BENJ
$349M
| $46.6M | 0.01% |
884,354
-2,027
| -0.2% | -$107K |
|
1038
Hartford Core Bond ETF
HCRB
$405M
| $46.5M | 0.01% |
1,328,948
+238,532
| +22% | +$8.37M |
|
|
FITB
1039
Fifth Third Bancorp
FITB
$49.6B
| $46.5M | 0.01% |
824,462
-6,761
| -0.8% | -$343K |
|
1040
Amplify Junior Silver Miners ETF
SILJ
$4B
| $46.4M | 0.01% |
1,790,422
+705,217
| +65% | +$20.9M |
|
1041
Apollo Global Management
APO
$76.2B
| $46.3M | 0.01% |
391,617
+12,699
| +3% | +$1.6M |
|
1042
Sysco
SYY
$40.5B
| $46.2M | 0.01% |
552,241
-64,258
| -10% | -$4.86M |
|
1043
DoorDash
DASH
$87.6B
| $46.1M | 0.01% |
250,046
-817
| -0.3% | -$135K |
|
1044
Global X Cybersecurity ETF
BUG
$1.59B
| $46M | 0.01% |
1,205,723
-80,826
| -6% | -$2.49M |
|
1045
State Street SPDR Global Dow ETF
DGT
$640M
| $46M | 0.01% |
249,129
-1,061
| -0.4% | -$193K |
|
1046
iShares US Utilities ETF
IDU
$1.3B
| $46M | 0.01% |
401,558
+32,348
| +9% | +$3.7M |
|
1047
Dimensional Emerging Core Equity Market ETF
DFAE
$10.2B
| $46M | 0.01% |
1,143,800
-10,199
| -0.9% | -$395K |
|
|
GRMN
1048
Garmin
GRMN
$54.3B
| $45.8M | 0.01% |
192,757
-21,779
| -10% | -$5.3M |
|
1049
iShares Morningstar Mid-Cap ETF
IMCB
$1.68B
| $45.8M | 0.01% |
474,114
+28,666
| +6% | +$2.62M |
|
1050
Invesco FTSE RAFI Emerging Markets ETF
PXH
$2.09B
| $45.6M | 0.01% |
1,634,942
+21,477
| +1% | +$613K |
|
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.