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 | |
|---|---|---|---|---|---|---|
1476
Hartford Multifactor Emerging Markets ETF
ROAM
$112M
| $23.5M | 0.01% |
656,376
-16,610
| -2% | -$579K |
|
1477
Canadian Pacific Kansas City
CP
$78.4B
| $23.4M | 0.01% |
269,673
+21,941
| +9% | +$1.88M |
|
1478
John Hancock Multifactor Emerging Markets ETF
JHEM
$1.05B
| $23.3M | 0.01% |
579,302
+198,889
| +52% | +$7.72M |
|
1479
DexCom
DXCM
$31.3B
| $23.2M | 0.01% |
344,539
-20,826
| -6% | -$1.39M |
|
1480
United Airlines
UAL
$35.6B
| $23.2M | 0.01% |
170,421
-59,939
| -26% | -$6.21M |
|
1481
TKO Group
TKO
$13.9B
| $23.1M | 0.01% |
114,873
+2,998
| +3% | +$585K |
|
1482
PGIM Total Return Bond ETF
PTRB
$1.14B
| $23.1M | 0.01% |
557,123
+476,319
| +589% | +$19.8M |
|
1483
Simplify Aggregate Bond ETF
AGGH
$584M
| $23.1M | 0.01% |
1,143,999
+336,330
| +42% | +$6.83M |
|
1484
Vanguard Russell 2000 Value ETF
VTWV
$1.37B
| $23M | 0.01% |
117,898
+795
| +0.7% | +$147K |
|
1485
C.H. Robinson
CHRW
$17.9B
| $23M | 0.01% |
122,260
+9,977
| +9% | +$1.77M |
|
1486
Vanguard S&P Mid-Cap 400 Growth ETF
IVOG
$1.61B
| $23M | 0.01% |
157,225
+28,811
| +22% | +$3.98M |
|
1487
Hartford Large Cap Growth ETF
HFGO
$204M
| $23M | 0.01% |
783,553
+481,000
| +159% | +$13.7M |
|
1488
MP Materials
MP
$9B
| $22.9M | 0.01% |
408,906
+28,900
| +8% | +$1.76M |
|
|
KAMO
1489
Kensington Credit Opportunities ETF
KAMO
$105M
| $22.9M | 0.01% |
+927,968
| New | +$22.9M |
|
1490
iShares US Pharmaceuticals ETF
IHE
$1.62B
| $22.9M | 0.01% |
230,925
+60,737
| +36% | +$5.47M |
|
1491
HEICO Corp Class A
HEI.A
$32.9B
| $22.8M | 0.01% |
88,556
+7,904
| +10% | +$1.81M |
|
1492
VanEck Green Bond ETF
GRNB
$185M
| $22.8M | 0.01% |
943,898
+47,253
| +5% | +$1.14M |
|
1493
Carnival Corporation Ltd
CCL
$31.2B
| $22.8M | 0.01% |
797,298
+15,049
| +2% | +$411K |
|
1494
Vanguard Russell 2000 Growth ETF
VTWG
$1.47B
| $22.7M | 0.01% |
78,870
+16,158
| +26% | +$4.3M |
|
1495
DuPont de Nemours
DD
$17.1B
| $22.6M | 0.01% |
166,971
+15,915
| +11% | +$2.26M |
|
1496
Invesco MSCI USA ETF
PBUS
$11.6B
| $22.5M | 0.01% |
301,125
-4,697
| -2% | -$341K |
|
1497
WisdomTree US Efficient Core Fund
NTSX
$1.38B
| $22.5M | 0.01% |
380,758
+29,783
| +8% | +$1.71M |
|
1498
Carvana
CVNA
$49.8B
| $22.5M | 0.01% |
341,571
-50,859
| -13% | -$3.6M |
|
1499
Nokia
NOK
$62.3B
| $22.5M | 0.01% |
1,690,631
+1,356,380
| +406% | +$17.5M |
|
1500
WisdomTree Global ex-U.S. Quality Growth Fund
DNL
$483M
| $22.3M | 0.01% |
483,790
-46,265
| -9% | -$2.05M |
|
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.