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 | |
|---|---|---|---|---|---|---|
|
BSCY
1326
Invesco BulletShares 2034 Corporate Bond ETF
BSCY
$590M
| $29.2M | 0.01% |
1,410,677
+179,287
| +15% | +$3.72M |
|
1327
iShares Select U.S. REIT ETF
ICF
$1.99B
| $29.1M | 0.01% |
430,799
-13,587
| -3% | -$913K |
|
1328
Principal Active High Yield ETF
YLD
$608M
| $29.1M | 0.01% |
1,526,597
+186,562
| +14% | +$3.55M |
|
1329
Expeditors International
EXPD
$25B
| $29.1M | 0.01% |
178,383
-6,853
| -4% | -$1.06M |
|
1330
Fidelity Low Volatility Factor ETF
FDLO
$1.41B
| $29.1M | 0.01% |
425,154
+7,469
| +2% | +$512K |
|
1331
Panagram AAA CLO ETF
CLOX
$321M
| $28.9M | 0.01% |
1,128,511
+124,607
| +12% | +$3.18M |
|
1332
Applied Digital
APLD
$7.51B
| $28.9M | 0.01% |
774,706
+118,118
| +18% | +$4.56M |
|
|
B
1333
Barrick Mining
B
$71.9B
| $28.9M | 0.01% |
786,000
-54,918
| -7% | -$2.25M |
|
1334
Ferguson
FERG
$43.1B
| $28.8M | 0.01% |
121,505
+17,296
| +17% | +$4.17M |
|
1335
Otis Worldwide
OTIS
$26.3B
| $28.8M | 0.01% |
402,690
+126,106
| +46% | +$9.42M |
|
1336
State Street Blackstone High Income ETF
HYBL
$575M
| $28.8M | 0.01% |
1,031,256
+49,360
| +5% | +$1.38M |
|
1337
Invesco NASDAQ Next Gen 100 ETF
QQQJ
$1.17B
| $28.8M | 0.01% |
634,084
+94,146
| +17% | +$3.96M |
|
1338
Masco
MAS
$13.5B
| $28.8M | 0.01% |
353,902
+67,237
| +23% | +$4.69M |
|
1339
Davis Select Worldwide ETF
DWLD
$589M
| $28.8M | 0.01% |
621,896
+73,795
| +13% | +$3.45M |
|
|
REMG
1340
Russell Investments Emerging Markets Equity ETF
REMG
$127M
| $28.7M | 0.01% |
770,898
+19,417
| +3% | +$691K |
|
1341
Fidelity MSCI Industrials Index ETF
FIDU
$2.24B
| $28.5M | 0.01% |
285,843
+10,728
| +4% | +$1.01M |
|
1342
iShares Latin America 40 ETF
ILF
$3.97B
| $28.4M | 0.01% |
841,229
-557,711
| -40% | -$19.8M |
|
1343
Exelon
EXC
$44.5B
| $28.4M | 0.01% |
608,872
+3,602
| +0.6% | +$167K |
|
1344
Pultegroup
PHM
$22.5B
| $28.4M | 0.01% |
206,704
-18,203
| -8% | -$2.21M |
|
1345
LyondellBasell Industries
LYB
$20.6B
| $28.3M | 0.01% |
537,824
-78,065
| -13% | -$5.39M |
|
1346
iShares ESG Aware MSCI USA Small-Cap ETF
ESML
$2.81B
| $28.3M | 0.01% |
506,211
+75,472
| +18% | +$3.93M |
|
1347
WisdomTree Trust WisdomTree Emerging Markets Quality Dividend Growth Fund
DGRE
$153M
| $28.3M | 0.01% |
692,966
+22,663
| +3% | +$873K |
|
1348
T. Rowe Price US High Yield ETF
THYF
$840M
| $28.3M | 0.01% |
+548,958
| New | +$28.4M |
|
1349
Franklin Senior Loan ETF
FLBL
$861M
| $28.3M | 0.01% |
1,234,032
-43,751
| -3% | -$1.01M |
|
1350
T. Rowe Price
TROW
$22.7B
| $28.3M | 0.01% |
248,553
+32,795
| +15% | +$3.35M |
|
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.