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 | |
|---|---|---|---|---|---|---|
1876
Coca-Cola Consolidated
COKE
$12.7B
| $13.5M | ﹤0.01% |
70,698
+4,420
| +7% | +$823K |
|
1877
Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
$123M
| $13.5M | ﹤0.01% |
563,974
+34,808
| +7% | +$835K |
|
|
STXF
1878
Strive 500 ETF
STXF
$1.17B
| $13.5M | ﹤0.01% |
278,725
+13,593
| +5% | +$636K |
|
1879
AAM Low Duration Preferred and Income Securities ETF
PFLD
$397M
| $13.5M | ﹤0.01% |
688,338
-541
| -0.1% | -$10.6K |
|
1880
ALPS International Sector Dividend Dogs ETF
IDOG
$577M
| $13.4M | ﹤0.01% |
326,199
+18,334
| +6% | +$788K |
|
1881
J.M. Smucker
SJM
$12.9B
| $13.4M | ﹤0.01% |
119,239
+9,936
| +9% | +$1.01M |
|
1882
US Global Jets ETF
JETS
$726M
| $13.4M | ﹤0.01% |
403,670
+28,192
| +8% | +$780K |
|
1883
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.49B
| $13.4M | ﹤0.01% |
1,047,504
-44,904
| -4% | -$565K |
|
1884
Global X Autonomous & Electric Vehicles ETF
DRIV
$370M
| $13.4M | ﹤0.01% |
347,372
+41,742
| +14% | +$1.58M |
|
1885
iShares iBonds Dec 2027 Term Muni Bond ETF
IBMP
$662M
| $13.3M | ﹤0.01% |
525,026
+32,329
| +7% | +$821K |
|
1886
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.23B
| $13.3M | ﹤0.01% |
268,246
+40,205
| +18% | +$1.97M |
|
1887
Lennar Class A
LEN
$19.2B
| $13.3M | ﹤0.01% |
147,324
-8,487
| -5% | -$759K |
|
|
SEPI
1888
Shelton Equity Premium Income ETF
SEPI
$185M
| $13.2M | ﹤0.01% |
474,947
+198,725
| +72% | +$5.43M |
|
1889
Goldman Sachs Hedge Industry VIP ETF
GVIP
$566M
| $13.2M | ﹤0.01% |
70,092
-4,997
| -7% | -$857K |
|
1890
Loews
L
$22.2B
| $13.2M | ﹤0.01% |
116,379
+5,166
| +5% | +$560K |
|
|
ITWO
1891
ProShares Russell 2000 High Income ETF
ITWO
$194M
| $13.2M | ﹤0.01% |
280,402
+31,436
| +13% | +$1.38M |
|
1892
Equifax
EFX
$19.8B
| $13.1M | ﹤0.01% |
82,711
-18,227
| -18% | -$3.11M |
|
1893
Inspire Small/Mid Cap Impact ETF
ISMD
$331M
| $13.1M | ﹤0.01% |
262,369
+48,010
| +22% | +$2.19M |
|
1894
Innovator US Equity Power Buffer ETF May
PMAY
$815M
| $13.1M | ﹤0.01% |
317,011
+38,780
| +14% | +$1.58M |
|
1895
Keurig Dr Pepper
KDP
$42.9B
| $13.1M | ﹤0.01% |
399,899
+34,004
| +9% | +$991K |
|
1896
Cleveland-Cliffs
CLF
$6.88B
| $13.1M | ﹤0.01% |
1,393,637
-70,580
| -5% | -$776K |
|
1897
First Trust Ultra Short Duration Municipal ETF
FUMB
$254M
| $13.1M | ﹤0.01% |
652,475
-227,067
| -26% | -$4.56M |
|
1898
Eastman Chemical
EMN
$7.74B
| $13.1M | ﹤0.01% |
195,209
+17,297
| +10% | +$1.27M |
|
1899
Alcoa
AA
$12.7B
| $13.1M | ﹤0.01% |
250,414
+64,468
| +35% | +$4.32M |
|
1900
Cambria Global Value ETF
GVAL
$594M
| $13M | ﹤0.01% |
361,110
+52,177
| +17% | +$1.85M |
|
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.