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 | |
|---|---|---|---|---|---|---|
1526
DT Midstream
DTM
$13.1B
| $21.5M | ﹤0.01% |
146,390
+405
| +0.3% | +$57.3K |
|
1527
Builders FirstSource
BLDR
$6.5B
| $21.5M | ﹤0.01% |
240,015
+7,774
| +3% | +$621K |
|
1528
Dollar General
DG
$27.5B
| $21.5M | ﹤0.01% |
186,520
-8,322
| -4% | -$946K |
|
1529
FirstCash
FCFS
$9.91B
| $21.4M | ﹤0.01% |
98,996
-6,020
| -6% | -$1.31M |
|
1530
CRH
CRH
$58.9B
| $21.4M | ﹤0.01% |
199,827
-4,311
| -2% | -$474K |
|
1531
Zscaler
ZS
$26.8B
| $21.4M | ﹤0.01% |
151,272
+32,741
| +28% | +$4.56M |
|
1532
TD Synnex
SNX
$21.5B
| $21.3M | ﹤0.01% |
79,618
+59,790
| +302% | +$14.4M |
|
|
EUHY
1533
iShares Euro High Yield Corporate Bond USD Hedged ETF
EUHY
$252M
| $21.2M | ﹤0.01% |
394,155
+76,957
| +24% | +$4.1M |
|
1534
KraneShares CSI China Internet ETF
KWEB
$4.75B
| $21.2M | ﹤0.01% |
864,871
+51,728
| +6% | +$1.43M |
|
1535
MSCI
MSCI
$40.3B
| $21.2M | ﹤0.01% |
37,769
-2,384
| -6% | -$1.39M |
|
1536
iShares ESG Screened S&P Mid-Cap ETF
XJH
$414M
| $21.1M | ﹤0.01% |
405,292
+5,954
| +1% | +$294K |
|
1537
FPA Global Equity ETF
FPAG
$611M
| $21.1M | ﹤0.01% |
524,541
+496,804
| +1,791% | +$19.4M |
|
1538
Day Hagan/Ned Davis Research Smart Sector ETF
SSUS
$577M
| $21M | ﹤0.01% |
379,534
+892
| +0.2% | +$47.2K |
|
1539
Molina Healthcare
MOH
$10.7B
| $21M | ﹤0.01% |
91,704
-2,270
| -2% | -$411K |
|
1540
Franklin Bitcoin ETF
EZBC
$458M
| $21M | ﹤0.01% |
617,990
+31,297
| +5% | +$1.3M |
|
1541
Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
$417M
| $20.9M | ﹤0.01% |
164,316
+10,249
| +7% | +$1.16M |
|
1542
EQT Corp
EQT
$33.8B
| $20.9M | ﹤0.01% |
392,441
+50,206
| +15% | +$2.82M |
|
1543
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.38B
| $20.9M | ﹤0.01% |
118,978
-21,601
| -15% | -$3.85M |
|
|
NSA
1544
DELISTED
National Storage Affiliates Trust
NSA
| $20.8M | ﹤0.01% |
468,286
-2,805
| -0.6% | -$120K |
|
1545
SAP
SAP
$238B
| $20.8M | ﹤0.01% |
134,987
+8,900
| +7% | +$1.52M |
|
1546
iShares CMBS ETF
CMBS
$465M
| $20.7M | ﹤0.01% |
426,140
-94,872
| -18% | -$4.62M |
|
1547
Eaton Vance Intermediate Municipal Income ETF
EVIM
$283M
| $20.7M | ﹤0.01% |
388,734
+305,966
| +370% | +$16.2M |
|
1548
Biogen
BIIB
$32.1B
| $20.6M | ﹤0.01% |
95,466
+13,746
| +17% | +$2.63M |
|
1549
ALPS Sector Dividend Dogs ETF
SDOG
$1.43B
| $20.6M | ﹤0.01% |
301,972
+25,276
| +9% | +$1.69M |
|
|
OPPE
1550
WisdomTree European Opportunities Fund
OPPE
$297M
| $20.6M | ﹤0.01% |
368,670
+21,676
| +6% | +$1.23M |
|
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.