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 | |
|---|---|---|---|---|---|---|
1401
Super Micro Computer
SMCI
$26.3B
| $26.5M | 0.01% |
903,997
+32,777
| +4% | +$1.04M |
|
|
QWLD
1402
State Street SPDR MSCI World StrategicFactors ETF
QWLD
$176M
| $26.5M | 0.01% |
174,372
-136,077
| -44% | -$20.4M |
|
1403
MPLX
MPLX
$60.7B
| $26.5M | 0.01% |
470,133
-6,556
| -1% | -$366K |
|
1404
Global X SuperDividend ETF
SDIV
$1.22B
| $26.5M | 0.01% |
1,083,477
+16,447
| +2% | +$416K |
|
1405
iShares US Equity Factor ETF
LRGF
$3.71B
| $26.5M | 0.01% |
349,982
-26,547
| -7% | -$1.94M |
|
1406
Zoetis
ZTS
$30.2B
| $26.5M | 0.01% |
368,249
+71,373
| +24% | +$6.72M |
|
1407
Huntington Ingalls Industries
HII
$11B
| $26.4M | 0.01% |
94,366
-60,757
| -39% | -$20.3M |
|
1408
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.91B
| $26.4M | 0.01% |
221,238
+88,134
| +66% | +$9.93M |
|
1409
TTM Technologies
TTMI
$13.3B
| $26.4M | 0.01% |
141,099
+32,376
| +30% | +$5.22M |
|
1410
Fidelity Low Duration Bond Factor ETF
FLDR
$2.21B
| $26.3M | 0.01% |
525,613
+7,260
| +1% | +$364K |
|
1411
iShares Morningstar US Equity ETF
ILCB
$1.3B
| $26.3M | 0.01% |
253,615
+4,355
| +2% | +$437K |
|
1412
PayPal
PYPL
$46B
| $26.3M | 0.01% |
608,608
-85,853
| -12% | -$3.9M |
|
1413
Manulife Financial
MFC
$72.1B
| $26.2M | 0.01% |
646,853
+36,206
| +6% | +$1.4M |
|
1414
iShares Core Conservative Allocation ETF
AOK
$788M
| $26.1M | 0.01% |
629,396
-9,143
| -1% | -$375K |
|
1415
Timothy Plan High Dividend Stock ETF
TPHD
$359M
| $26.1M | 0.01% |
617,443
+98,031
| +19% | +$4.09M |
|
1416
Blue Owl Capital
OBDC
$5.46B
| $26.1M | 0.01% |
2,399,154
-125,720
| -5% | -$1.41M |
|
1417
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.76B
| $26.1M | 0.01% |
402,845
-14,034
| -3% | -$901K |
|
1418
Adams Diversified Equity Fund
ADX
$3.22B
| $26M | 0.01% |
1,016,997
+629,905
| +163% | +$15.4M |
|
1419
Global X SuperDividend US ETF
DIV
$790M
| $26M | 0.01% |
1,363,653
+422,114
| +45% | +$8.09M |
|
1420
Teledyne Technologies
TDY
$28B
| $26M | 0.01% |
38,950
-6,845
| -15% | -$4.31M |
|
1421
Fidelity High Yield Factor ETF
FDHY
$602M
| $26M | 0.01% |
529,381
+30,144
| +6% | +$1.48M |
|
1422
Schwab US Aggregate Bond ETF
SCHZ
$10.6B
| $25.9M | 0.01% |
1,118,991
+24,216
| +2% | +$560K |
|
1423
Vanguard Russell 1000 ETF
VONE
$8.63B
| $25.8M | 0.01% |
76,260
-31,886
| -29% | -$10.5M |
|
1424
iShares Russell 2500 ETF
SMMD
$3.81B
| $25.8M | 0.01% |
281,070
+66,280
| +31% | +$5.69M |
|
1425
Calamos Strategic Total Return Fund
CSQ
$3.34B
| $25.7M | 0.01% |
1,248,517
+24,445
| +2% | +$482K |
|
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.