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 | |
|---|---|---|---|---|---|---|
1301
FT Vest US Equity Moderate Buffer ETF January
GJAN
$439M
| $30.2M | 0.01% |
670,809
+481,664
| +255% | +$21.3M |
|
1302
LeaderShares AlphaFactor US Core Equity ETF
LSAF
$124M
| $30.2M | 0.01% |
582,713
-8,830
| -1% | -$437K |
|
1303
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.28B
| $30.2M | 0.01% |
448,652
+16,355
| +4% | +$1.09M |
|
1304
D.R. Horton
DHI
$38.6B
| $30.1M | 0.01% |
184,902
-12,664
| -6% | -$1.89M |
|
1305
Dow Inc
DOW
$21B
| $30.1M | 0.01% |
1,100,027
-37,455
| -3% | -$1.36M |
|
1306
Invesco S&P SmallCap Quality ETF
XSHQ
$295M
| $30.1M | 0.01% |
622,416
-120,459
| -16% | -$5.48M |
|
1307
State Street SPDR Russell 1000 Low Volatility Focus ETF
ONEV
$296M
| $29.9M | 0.01% |
209,092
-53,039
| -20% | -$7.41M |
|
1308
iShares ESG Aware MSCI USA Value ETF
EVUS
$383M
| $29.9M | 0.01% |
851,858
+78,645
| +10% | +$2.7M |
|
1309
Martin Marietta Materials
MLM
$36.2B
| $29.9M | 0.01% |
51,784
+2,739
| +6% | +$1.62M |
|
1310
State Street Multi-Asset Real Return ETF
RLY
$1.4B
| $29.8M | 0.01% |
864,551
+130,825
| +18% | +$4.75M |
|
1311
iShares Interest Rate Hedged High Yield Bond ETF
HYGH
$635M
| $29.7M | 0.01% |
342,515
+43,944
| +15% | +$3.8M |
|
1312
John Hancock Mortgage-Backed Securities ETF
JHMB
$201M
| $29.6M | 0.01% |
1,349,904
-291,778
| -18% | -$6.41M |
|
1313
D-Wave Quantum Inc
QBTS
$6.26B
| $29.6M | 0.01% |
1,234,628
+192,181
| +18% | +$4.21M |
|
1314
Baker Hughes
BKR
$58.6B
| $29.5M | 0.01% |
530,719
-53,875
| -9% | -$3.41M |
|
1315
Northern Trust Quality Dividend ETF
QDF
$2.22B
| $29.4M | 0.01% |
327,350
+7,222
| +2% | +$625K |
|
1316
AB Tax-Aware Intermediate Municipal ETF
TAFM
$772M
| $29.4M | 0.01% |
1,144,833
+301,504
| +36% | +$7.68M |
|
1317
iShares MSCI Brazil ETF
EWZ
$8.7B
| $29.4M | 0.01% |
852,090
+25,460
| +3% | +$951K |
|
1318
VanEck Oil Services ETF
OIH
$2.06B
| $29.4M | 0.01% |
79,001
-22,760
| -22% | -$9.54M |
|
1319
iShares MSCI Canada ETF
EWC
$6.77B
| $29.4M | 0.01% |
509,622
+55,320
| +12% | +$3.2M |
|
1320
Fidelity MSCI Energy Index ETF
FENY
$2.19B
| $29.3M | 0.01% |
992,806
+63,991
| +7% | +$2.04M |
|
1321
Hercules Capital
HTGC
$3.26B
| $29.3M | 0.01% |
1,857,272
+61,595
| +3% | +$958K |
|
|
SOLS
1322
Solstice Advanced Materials
SOLS
$9.77B
| $29.3M | 0.01% |
330,411
+122,812
| +59% | +$10.1M |
|
1323
IES Holdings
IESC
$13.8B
| $29.2M | 0.01% |
79,576
-16,360
| -17% | -$5.28M |
|
|
HBTA
1324
Horizon Expedition Plus ETF
HBTA
$249M
| $29.2M | 0.01% |
893,166
+37,929
| +4% | +$1.18M |
|
1325
Argan
AGX
$5.8B
| $29.2M | 0.01% |
36,562
-3,202
| -8% | -$2.13M |
|
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.