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 | |
|---|---|---|---|---|---|---|
1551
Verisk Analytics
VRSK
$22.9B
| $20.6M | ﹤0.01% |
114,527
-9,028
| -7% | -$1.59M |
|
1552
iShares Cybersecurity and Tech ETF
IHAK
$1.04B
| $20.5M | ﹤0.01% |
338,105
+1,509
| +0.4% | +$78.1K |
|
1553
Brookfield
BN
$85.3B
| $20.5M | ﹤0.01% |
481,772
+33,380
| +7% | +$1.49M |
|
1554
WisdomTree Managed Futures Strategy Fund
WTMF
$263M
| $20.5M | ﹤0.01% |
502,047
+25,736
| +5% | +$1.05M |
|
1555
Bahl & Gaynor Income Growth ETF
BGIG
$2.21B
| $20.5M | ﹤0.01% |
570,340
-1,431
| -0.3% | -$49.9K |
|
1556
First Trust Natural Gas ETF
FCG
$697M
| $20.5M | ﹤0.01% |
768,639
-29,843
| -4% | -$877K |
|
1557
First Trust S&P REIT Index Fund
FRI
$193M
| $20.4M | ﹤0.01% |
643,819
+73,421
| +13% | +$2.26M |
|
|
ETHA
1558
iShares Ethereum Trust ETF
ETHA
$8.83B
| $20.4M | ﹤0.01% |
1,712,763
+71,968
| +4% | +$1.12M |
|
1559
Roper Technologies
ROP
$38.4B
| $20.3M | ﹤0.01% |
59,932
+1,433
| +2% | +$489K |
|
1560
Centrus Energy
LEU
$3.04B
| $20.3M | ﹤0.01% |
120,752
+57,185
| +90% | +$10.7M |
|
1561
Bank of Montreal
BMO
$122B
| $20.3M | ﹤0.01% |
114,689
-174,860
| -60% | -$27.5M |
|
|
FITE
1562
State Street SPDR S&P Kensho Future Security ETF
FITE
$144M
| $20.2M | ﹤0.01% |
179,799
+6,205
| +4% | +$629K |
|
1563
Keysight
KEYS
$57.7B
| $20.2M | ﹤0.01% |
57,686
-2,407
| -4% | -$821K |
|
1564
Pacer Trendpilot International ETF
PTIN
$184M
| $20.2M | ﹤0.01% |
550,209
+17,391
| +3% | +$618K |
|
|
FAI
1565
First Trust Bloomberg Artificial Intelligence ETF
FAI
$185M
| $20.2M | ﹤0.01% |
+370,816
| New | +$18.1M |
|
1566
Cohen & Steers Infrastructure Fund
UTF
$2.9B
| $20.1M | ﹤0.01% |
728,909
+45,811
| +7% | +$1.23M |
|
1567
Nuveen Floating Rate Income Fund
JFR
$1.22B
| $20.1M | ﹤0.01% |
2,621,477
-2,658
| -0.1% | -$20.1K |
|
1568
First Trust Dow Jones Select MicroCap Index Fund
FDM
$267M
| $20.1M | ﹤0.01% |
215,856
+1,489
| +0.7% | +$130K |
|
1569
Church & Dwight Co
CHD
$22.3B
| $20.1M | ﹤0.01% |
207,227
-22,782
| -10% | -$2.18M |
|
|
CHY
1570
Calamos Convertible and High Income Fund
CHY
$1.01B
| $19.9M | ﹤0.01% |
1,463,502
+19,652
| +1% | +$248K |
|
1571
Hubbell
HUBB
$24.3B
| $19.9M | ﹤0.01% |
38,094
+5,951
| +19% | +$3.01M |
|
1572
Arch Capital
ACGL
$32.8B
| $19.9M | ﹤0.01% |
205,203
-19,890
| -9% | -$1.88M |
|
1573
Avantis US Mid Cap Equity ETF
AVMC
$487M
| $19.9M | ﹤0.01% |
248,067
+125,957
| +103% | +$9.76M |
|
1574
VSE Corp
VSEC
$5.47B
| $19.9M | ﹤0.01% |
87,056
+4,027
| +5% | +$774K |
|
1575
NetApp
NTAP
$39.1B
| $19.9M | ﹤0.01% |
128,498
+23,600
| +22% | +$3.08M |
|
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.