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 | |
|---|---|---|---|---|---|---|
1701
WisdomTree Emerging Markets Corporate Bond Fund
EMCB
$97.8M
| $17M | ﹤0.01% |
257,534
+1,887
| +0.7% | +$125K |
|
1702
PGIM Short Duration High Yield ETF
PSH
$187M
| $17M | ﹤0.01% |
340,590
+113,168
| +50% | +$5.66M |
|
1703
Labcorp
LH
$25.3B
| $16.9M | ﹤0.01% |
60,501
+6,036
| +11% | +$1.59M |
|
|
BMNR
1704
BitMine Immersion Technologies
BMNR
$15.1B
| $16.8M | ﹤0.01% |
1,264,340
+193,466
| +18% | +$3.74M |
|
1705
Dycom Industries
DY
$9.27B
| $16.8M | ﹤0.01% |
33,229
+1,864
| +6% | +$815K |
|
|
SPTB
1706
State Street SPDR Portfolio Treasury ETF
SPTB
$473M
| $16.8M | ﹤0.01% |
558,046
-1,960
| -0.3% | -$58.9K |
|
1707
Stride
LRN
$3.41B
| $16.7M | ﹤0.01% |
194,146
+4,375
| +2% | +$402K |
|
1708
Invesco California AMT-Free Municipal Bond ETF
PWZ
$1.19B
| $16.7M | ﹤0.01% |
682,964
+49,095
| +8% | +$1.19M |
|
1709
ALPS Equal Sector Weight ETF
EQL
$760M
| $16.7M | ﹤0.01% |
331,715
+8,440
| +3% | +$421K |
|
1710
Angel Oak UltraShort Income ETF
UYLD
$1.64B
| $16.7M | ﹤0.01% |
327,883
+190,592
| +139% | +$9.74M |
|
1711
Innovator US Equity Power Buffer ETF November
PNOV
$889M
| $16.7M | ﹤0.01% |
376,834
+9,731
| +3% | +$423K |
|
1712
Gabelli Dividend & Income Trust
GDV
$2.56B
| $16.7M | ﹤0.01% |
568,342
-9,231
| -2% | -$267K |
|
1713
Extra Space Storage
EXR
$29.1B
| $16.7M | ﹤0.01% |
114,865
+296
| +0.3% | +$42.3K |
|
1714
NiSource
NI
$19.9B
| $16.7M | ﹤0.01% |
350,946
+13,462
| +4% | +$637K |
|
1715
Adaptive Alpha Opportunities ETF
AGOX
$379M
| $16.7M | ﹤0.01% |
480,786
+71,102
| +17% | +$2.34M |
|
1716
DigitalOcean
DOCN
$14.5B
| $16.5M | ﹤0.01% |
105,276
+53,962
| +105% | +$7.3M |
|
|
P
1717
Everpure Inc
P
$32.7B
| $16.5M | ﹤0.01% |
209,804
+14,418
| +7% | +$1.06M |
|
1718
iShares MSCI Spain ETF
EWP
$2.26B
| $16.5M | ﹤0.01% |
278,173
+64,538
| +30% | +$3.69M |
|
|
IGD
1719
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$499M
| $16.5M | ﹤0.01% |
2,687,268
-175,833
| -6% | -$1.07M |
|
1720
Northern Trust Quality Dividend Defensive ETF
QDEF
$554M
| $16.4M | ﹤0.01% |
188,275
+7,432
| +4% | +$635K |
|
1721
Sprott Uranium Miners ETF
URNM
$1.99B
| $16.4M | ﹤0.01% |
311,177
+9,687
| +3% | +$599K |
|
1722
Innovator US Equity Power Buffer ETF April
PAPR
$965M
| $16.4M | ﹤0.01% |
387,680
+72,943
| +23% | +$3.04M |
|
1723
W.R. Berkley
WRB
$25.9B
| $16.3M | ﹤0.01% |
231,781
-12,729
| -5% | -$853K |
|
1724
UGI
UGI
$8.15B
| $16.3M | ﹤0.01% |
473,203
+29,431
| +7% | +$1.04M |
|
|
LOUP
1725
Innovator Deepwater Frontier Tech ETF
LOUP
$210M
| $16.3M | ﹤0.01% |
165,248
+9,675
| +6% | +$837K |
|
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.