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 | |
|---|---|---|---|---|---|---|
1776
Starwood Property Trust
STWD
$5.79B
| $15M | ﹤0.01% |
918,372
+198,601
| +28% | +$3.46M |
|
1777
BlackRock Enhanced Captial and Income Fund
CII
$1.06B
| $15M | ﹤0.01% |
575,046
+743
| +0.1% | +$18K |
|
1778
HCM Defender 500 Index ETF
LGH
$592M
| $15M | ﹤0.01% |
235,575
+55,735
| +31% | +$3.44M |
|
1779
iShares Morningstar Small-Cap ETF
ISCB
$282M
| $15M | ﹤0.01% |
198,078
+8,428
| +4% | +$599K |
|
1780
Restaurant Brands International
QSR
$26.9B
| $14.9M | ﹤0.01% |
206,087
+11,075
| +6% | +$843K |
|
1781
Allegion
ALLE
$13B
| $14.9M | ﹤0.01% |
106,187
+10,542
| +11% | +$1.43M |
|
1782
Domino's
DPZ
$10.3B
| $14.9M | ﹤0.01% |
50,377
+6,613
| +15% | +$2.18M |
|
1783
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.14B
| $14.9M | ﹤0.01% |
538,364
+15,222
| +3% | +$400K |
|
1784
iShares US Regional Banks ETF
IAT
$650M
| $14.9M | ﹤0.01% |
239,501
-4,823
| -2% | -$280K |
|
1785
iShares Morningstar Small-Cap Value ETF
ISCV
$685M
| $14.9M | ﹤0.01% |
189,995
-36,960
| -16% | -$2.75M |
|
1786
Renasant Corp
RNST
$3.72B
| $14.9M | ﹤0.01% |
349,777
-18,278
| -5% | -$739K |
|
1787
Perrigo
PRGO
$1.91B
| $14.9M | ﹤0.01% |
1,431,267
+100,537
| +8% | +$1.11M |
|
1788
Invesco Municipal Opportunity Trust
VMO
$630M
| $14.9M | ﹤0.01% |
1,506,124
-27,293
| -2% | -$265K |
|
|
DRAM
1789
Roundhill Memory ETF
DRAM
$27.7B
| $14.9M | ﹤0.01% |
+201,256
| New | +$10.5M |
|
1790
iShares World ex U.S. Carbon Transition Readiness Aware Active ETF
LCTD
$302M
| $14.8M | ﹤0.01% |
257,495
+1,752
| +0.7% | +$101K |
|
1791
Alerian Energy Infrastructure ETF
ENFR
$540M
| $14.8M | ﹤0.01% |
389,363
+25,045
| +7% | +$956K |
|
1792
Jack Henry & Associates
JKHY
$11.3B
| $14.8M | ﹤0.01% |
107,483
-16,552
| -13% | -$2.35M |
|
1793
T. Rowe Price Dividend Growth ETF
TDVG
$1.44B
| $14.8M | ﹤0.01% |
301,675
+130,711
| +76% | +$6.19M |
|
1794
Rentokil
RTO
$11.3B
| $14.8M | ﹤0.01% |
516,842
+59,203
| +13% | +$1.88M |
|
1795
Rollins
ROL
$16.8B
| $14.8M | ﹤0.01% |
354,123
+5,758
| +2% | +$294K |
|
1796
Cambria Emerging Shareholder Yield ETF
EYLD
$941M
| $14.8M | ﹤0.01% |
325,083
-5,934
| -2% | -$270K |
|
1797
Vale
VALE
$64.6B
| $14.7M | ﹤0.01% |
980,508
-112,053
| -10% | -$1.83M |
|
1798
FT Vest US Equity Moderate Buffer ETF May
GMAY
$516M
| $14.7M | ﹤0.01% |
342,347
+157,553
| +85% | +$6.71M |
|
1799
AB InBev
BUD
$154B
| $14.7M | ﹤0.01% |
178,422
+17,937
| +11% | +$1.41M |
|
1800
ProShares Ultra QQQ
QLD
$14.1B
| $14.7M | ﹤0.01% |
151,522
+103,045
| +213% | +$8.86M |
|
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.