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 | |
|---|---|---|---|---|---|---|
2101
State Street SPDR S&P Global Dividend ETF
WDIV
$287M
| $10.5M | ﹤0.01% |
130,841
+133
| +0.1% | +$10.7K |
|
2102
Applied Industrial Technologies
AIT
$11.8B
| $10.4M | ﹤0.01% |
30,888
-499
| -2% | -$153K |
|
2103
AllianzIM U.S. Equity Buffer20 Feb ETF
FEBW
$199M
| $10.4M | ﹤0.01% |
293,322
+1,855
| +0.6% | +$65K |
|
2104
BorgWarner
BWA
$13.6B
| $10.4M | ﹤0.01% |
156,967
+90,683
| +137% | +$5.74M |
|
2105
iShares MSCI Italy ETF
EWI
$1.13B
| $10.4M | ﹤0.01% |
175,678
-39,602
| -18% | -$2.31M |
|
2106
Parametric Equity Premium Income ETF
PAPI
$476M
| $10.4M | ﹤0.01% |
389,581
+142,789
| +58% | +$3.81M |
|
|
AFGR
2107
First Trust Active Factor Large Cap Growth ETF
AFGR
$92.5M
| $10.4M | ﹤0.01% |
284,259
-26,711
| -9% | -$947K |
|
|
JIII
2108
Janus Henderson Income ETF
JIII
$197M
| $10.4M | ﹤0.01% |
+208,310
| New | +$10.4M |
|
|
BSCZ
2109
Invesco BulletShares 2035 Corporate Bond ETF
BSCZ
$320M
| $10.4M | ﹤0.01% |
506,383
+124,649
| +33% | +$2.56M |
|
|
LVDS
2110
JPMorgan Fundamental Data Science Large Value ETF
LVDS
$114M
| $10.4M | ﹤0.01% |
181,177
+4,237
| +2% | +$232K |
|
|
JDVL
2111
John Hancock Disciplined Value Select ETF
JDVL
$891M
| $10.3M | ﹤0.01% |
+326,894
| New | +$9.76M |
|
2112
VanEck Short Muni ETF
SMB
$315M
| $10.3M | ﹤0.01% |
595,415
+38,737
| +7% | +$670K |
|
2113
AllianzIM U.S. Equity Buffer20 Jan ETF
JANW
$352M
| $10.3M | ﹤0.01% |
267,032
-10,082
| -4% | -$384K |
|
2114
HF Sinclair
DINO
$19.5B
| $10.3M | ﹤0.01% |
148,212
+17,407
| +13% | +$1.16M |
|
2115
VanEck Short High Yield Muni ETF
SHYD
$453M
| $10.3M | ﹤0.01% |
450,693
-149,276
| -25% | -$3.39M |
|
2116
Federal Realty Investment Trust
FRT
$9.97B
| $10.3M | ﹤0.01% |
83,606
+6,072
| +8% | +$707K |
|
2117
Cooper Companies
COO
$10.2B
| $10.3M | ﹤0.01% |
143,898
+148
| +0.1% | +$9.68K |
|
2118
Ericsson
ERIC
$33.5B
| $10.3M | ﹤0.01% |
925,304
+127,857
| +16% | +$1.54M |
|
2119
Opendoor
OPEN
$2.77B
| $10.3M | ﹤0.01% |
2,228,657
+152,339
| +7% | +$729K |
|
2120
HBT Financial
HBT
$1.32B
| $10.3M | ﹤0.01% |
321,709
-2,339
| -0.7% | -$67.2K |
|
2121
Astrana Health
ASTH
$1.88B
| $10.3M | ﹤0.01% |
221,696
-87,429
| -28% | -$3.15M |
|
|
HQL
2122
abrdn Life Sciences Investors
HQL
$598M
| $10.3M | ﹤0.01% |
514,161
+35,359
| +7% | +$625K |
|
|
JPUS
2123
JPMorgan Diversified Return US Equity ETF
JPUS
$468M
| $10.3M | ﹤0.01% |
73,334
-544
| -0.7% | -$74.3K |
|
2124
Service Corp International
SCI
$11.2B
| $10.3M | ﹤0.01% |
135,239
-24,314
| -15% | -$1.9M |
|
2125
Compass
COMP
$8.11B
| $10.3M | ﹤0.01% |
832,922
-123,824
| -13% | -$1.03M |
|
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.