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 | |
|---|---|---|---|---|---|---|
1176
Warner Bros
WBD
$70.3B
| $37.1M | 0.01% |
1,392,118
+348,761
| +33% | +$9.44M |
|
1177
Amplify CEF High Income ETF
YYY
$723M
| $37.1M | 0.01% |
3,215,821
+165,605
| +5% | +$1.9M |
|
1178
Franklin Ultra Short Bond ETF
FLUD
$581M
| $37.1M | 0.01% |
1,480,328
+741,381
| +100% | +$18.5M |
|
1179
Mueller Industries
MLI
$13.5B
| $37M | 0.01% |
602,662
+64,098
| +12% | +$4.2M |
|
1180
Autodesk
ADSK
$44.5B
| $37M | 0.01% |
190,506
-8,525
| -4% | -$1.95M |
|
1181
Eaton Vance Short Duration Municipal Income ETF
EVSM
$826M
| $37M | 0.01% |
735,098
+192,097
| +35% | +$9.67M |
|
1182
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$555M
| $37M | 0.01% |
396,750
+30,849
| +8% | +$2.87M |
|
1183
Vanguard S&P Small-Cap 600 ETF
VIOO
$4.16B
| $36.9M | 0.01% |
268,540
+26,003
| +11% | +$3.3M |
|
1184
DNP Select Income Fund
DNP
$4B
| $36.7M | 0.01% |
3,405,335
+247,112
| +8% | +$2.64M |
|
1185
WisdomTree Trust WisdomTree US SmallCap Quality Dividend Growth Fund
DGRS
$400M
| $36.7M | 0.01% |
617,509
+58,653
| +10% | +$3.31M |
|
1186
Innovator US Equity Power Buffer ETF January
PJAN
$1.42B
| $36.5M | 0.01% |
737,979
-9,574
| -1% | -$466K |
|
1187
Cameco
CCJ
$42.1B
| $36.4M | 0.01% |
357,639
+11,116
| +3% | +$1.25M |
|
1188
International Paper
IP
$18.2B
| $36.4M | 0.01% |
955,651
+22,077
| +2% | +$756K |
|
1189
ActivePassive Core Bond ETF
APCB
$993M
| $36.4M | 0.01% |
1,237,101
+22,696
| +2% | +$667K |
|
1190
FT Vest SMID Rising Dividend Achievers Target Income ETF
SDVD
$912M
| $36.4M | 0.01% |
1,576,054
+309,729
| +24% | +$7M |
|
1191
Xtrackers S&P 500 ESG ETF
SNPE
$2.92B
| $36.3M | 0.01% |
527,010
+16,825
| +3% | +$1.12M |
|
1192
VanEck BDC Income ETF
BIZD
$1.65B
| $36.2M | 0.01% |
2,861,929
+328,343
| +13% | +$4.16M |
|
1193
Vanguard ESG US Stock ETF
ESGV
$13.5B
| $36.2M | 0.01% |
273,953
+13,437
| +5% | +$1.71M |
|
1194
Ametek
AME
$55.5B
| $36.2M | 0.01% |
149,732
+6,122
| +4% | +$1.41M |
|
1195
PACCAR
PCAR
$64.6B
| $36.2M | 0.01% |
301,583
-17,436
| -5% | -$2.06M |
|
1196
Sea Limited
SE
$65.4B
| $36M | 0.01% |
375,506
+109,202
| +41% | +$9.6M |
|
1197
Packaging Corp of America
PKG
$21B
| $35.9M | 0.01% |
150,773
+12,454
| +9% | +$2.73M |
|
1198
Reaves Utility Income Fund
UTG
$3.49B
| $35.7M | 0.01% |
877,625
+58,210
| +7% | +$2.43M |
|
|
Q
1199
Qnity Electronics Inc
Q
$26.4B
| $35.7M | 0.01% |
218,581
+17,085
| +8% | +$2.52M |
|
1200
iShares US Tech Independence Focused ETF
IETC
$695M
| $35.7M | 0.01% |
332,423
+24,835
| +8% | +$2.59M |
|
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.