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 | |
|---|---|---|---|---|---|---|
1726
Blackstone Secured Lending
BXSL
$5.7B
| $16.3M | ﹤0.01% |
686,872
+58,158
| +9% | +$1.39M |
|
1727
Sprouts Farmers Market
SFM
$6.83B
| $16.3M | ﹤0.01% |
192,213
-46,209
| -19% | -$3.74M |
|
1728
Vanguard S&P Small-Cap 600 Value ETF
VIOV
$1.84B
| $16.2M | ﹤0.01% |
138,497
+9,149
| +7% | +$1.01M |
|
1729
iShares Global Healthcare ETF
IXJ
$4.14B
| $16.2M | ﹤0.01% |
165,149
+12,274
| +8% | +$1.15M |
|
1730
Pacer Trendpilot US Mid Cap ETF
PTMC
$381M
| $16.2M | ﹤0.01% |
387,601
-1,006
| -0.3% | -$40K |
|
1731
UBS Group
UBS
$167B
| $16.1M | ﹤0.01% |
325,540
+25,703
| +9% | +$1.17M |
|
|
RMT
1732
Royce Micro-Cap Trust
RMT
$728M
| $16.1M | ﹤0.01% |
1,101,870
+19,314
| +2% | +$259K |
|
1733
Harbor Dividend Growth Leaders ETF
GDIV
$239M
| $16.1M | ﹤0.01% |
871,431
-26,018
| -3% | -$470K |
|
1734
iShares US Insurance ETF
IAK
$511M
| $16.1M | ﹤0.01% |
114,300
+12,213
| +12% | +$1.62M |
|
1735
Ferrari
RACE
$72.6B
| $16M | ﹤0.01% |
43,016
+434
| +1% | +$151K |
|
1736
FT Vest US Equity Buffer ETF January
FJAN
$1.47B
| $16M | ﹤0.01% |
290,433
+8,016
| +3% | +$433K |
|
1737
MACOM Technology Solutions
MTSI
$21B
| $16M | ﹤0.01% |
42,010
+11,251
| +37% | +$3.73M |
|
|
RUSC
1738
Russell Investments U.S. Small Cap Equity ETF
RUSC
$78.6M
| $16M | ﹤0.01% |
409,200
+11,325
| +3% | +$408K |
|
1739
Invesco S&P Spin-Off ETF
CSD
$220M
| $16M | ﹤0.01% |
106,675
+78,443
| +278% | +$10.5M |
|
1740
Textron
TXT
$13.9B
| $15.9M | ﹤0.01% |
173,777
-7,528
| -4% | -$684K |
|
1741
Halozyme
HALO
$12.2B
| $15.9M | ﹤0.01% |
203,557
+9,253
| +5% | +$631K |
|
1742
iShares Global Energy ETF
IXC
$2.91B
| $15.9M | ﹤0.01% |
324,155
-91,941
| -22% | -$4.97M |
|
1743
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN
$564M
| $15.9M | ﹤0.01% |
259,617
-939
| -0.4% | -$55.2K |
|
1744
Neuberger Option Strategy ETF
NBOS
$534M
| $15.9M | ﹤0.01% |
567,965
-33,413
| -6% | -$926K |
|
1745
ICICI Bank
IBN
$105B
| $15.8M | ﹤0.01% |
544,207
+5,899
| +1% | +$159K |
|
1746
BJs Wholesale Club
BJ
$11.6B
| $15.8M | ﹤0.01% |
180,661
+14,440
| +9% | +$1.32M |
|
1747
Check Point Software Technologies
CHKP
$13.5B
| $15.7M | ﹤0.01% |
119,783
-58,828
| -33% | -$7.65M |
|
1748
Alpha Architect US Quantitative Momentum ETF
QMOM
$430M
| $15.7M | ﹤0.01% |
199,352
-5,474
| -3% | -$421K |
|
1749
Raymond James Financial
RJF
$33.3B
| $15.6M | ﹤0.01% |
102,930
+1,401
| +1% | +$213K |
|
1750
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.51B
| $15.6M | ﹤0.01% |
427,106
+21,971
| +5% | +$802K |
|
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.