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 | |
|---|---|---|---|---|---|---|
|
SEI
1626
Solaris Energy Infrastructure
SEI
$4.44B
| $18.5M | ﹤0.01% |
230,390
+117,853
| +105% | +$8.42M |
|
1627
FT Vest US Equity Buffer ETF November
FNOV
$1.25B
| $18.5M | ﹤0.01% |
316,530
+31,667
| +11% | +$1.81M |
|
1628
Blue Owl Capital
OWL
$7.22B
| $18.5M | ﹤0.01% |
2,113,977
+417,241
| +25% | +$3.96M |
|
1629
Avantis All International Markets Equity ETF
AVNM
$759M
| $18.5M | ﹤0.01% |
224,409
+27,651
| +14% | +$2.27M |
|
1630
Invesco CEF Income Composite ETF
PCEF
$797M
| $18.5M | ﹤0.01% |
908,977
-64,655
| -7% | -$1.29M |
|
1631
AeroVironment
AVAV
$7.46B
| $18.5M | ﹤0.01% |
111,796
+19,305
| +21% | +$3.46M |
|
1632
Evergy
EVRG
$18.8B
| $18.4M | ﹤0.01% |
212,841
+15,203
| +8% | +$1.26M |
|
1633
MongoDB
MDB
$29.2B
| $18.4M | ﹤0.01% |
54,679
-7,713
| -12% | -$2.31M |
|
1634
Alerian MLP Index ETNs due January 28 2044
AMJB
$871M
| $18.3M | ﹤0.01% |
530,493
+21,265
| +4% | +$744K |
|
1635
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.71B
| $18.3M | ﹤0.01% |
1,907,801
+156,845
| +9% | +$1.44M |
|
1636
Avantis US Mid Cap Value ETF
AVMV
$769M
| $18.2M | ﹤0.01% |
225,531
+106,613
| +90% | +$8.36M |
|
1637
First Trust Small Cap Value AlphaDEX Fund
FYT
$195M
| $18.2M | ﹤0.01% |
260,096
+40,492
| +18% | +$2.68M |
|
|
EMOP
1638
AB Emerging Markets Opportunities ETF
EMOP
$2.15B
| $18.1M | ﹤0.01% |
347,328
+174,435
| +101% | +$8.76M |
|
1639
Virtus Terranova US Quality Momentum ETF
JOET
$241M
| $18.1M | ﹤0.01% |
391,401
-33,870
| -8% | -$1.48M |
|
1640
BWX Technologies
BWXT
$13.8B
| $18.1M | ﹤0.01% |
92,959
-7,125
| -7% | -$1.48M |
|
1641
argenx
ARGX
$61.6B
| $18.1M | ﹤0.01% |
19,499
-3,748
| -16% | -$3.09M |
|
1642
JPMorgan BetaBuilders Europe ETF
BBEU
$9.28B
| $18.1M | ﹤0.01% |
232,476
-14,856
| -6% | -$1.14M |
|
1643
Timothy Plan US Large/Mid Cap Core ETF
TPLC
$307M
| $18.1M | ﹤0.01% |
359,035
+10,623
| +3% | +$518K |
|
1644
XPO
XPO
$21.3B
| $18M | ﹤0.01% |
87,897
-23,199
| -21% | -$4.91M |
|
1645
Mitsubishi UFJ Financial
MUFG
$269B
| $18M | ﹤0.01% |
907,092
-20,343
| -2% | -$383K |
|
1646
Main Street Capital
MAIN
$5.26B
| $18M | ﹤0.01% |
347,600
-328
| -0.1% | -$17.3K |
|
1647
Innovator Laddered Allocation Buffer ETF
BUFB
$337M
| $18M | ﹤0.01% |
457,665
+74,069
| +19% | +$2.85M |
|
1648
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
$675M
| $17.9M | ﹤0.01% |
241,315
+31,366
| +15% | +$2.29M |
|
1649
Vanguard US Minimum Volatility ETF
VFMV
$454M
| $17.9M | ﹤0.01% |
128,559
+38,902
| +43% | +$5.41M |
|
1650
Williams-Sonoma
WSM
$26.6B
| $17.9M | ﹤0.01% |
76,834
-6,564
| -8% | -$1.3M |
|
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.