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 | |
|---|---|---|---|---|---|---|
2126
WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund
AGZD
$144M
| $10.2M | ﹤0.01% |
453,313
+47,254
| +12% | +$1.07M |
|
2127
Toast
TOST
$18.6B
| $10.2M | ﹤0.01% |
368,401
+92,833
| +34% | +$2.42M |
|
|
SW
2128
Smurfit Westrock
SW
$22.6B
| $10.2M | ﹤0.01% |
221,201
+37,441
| +20% | +$1.55M |
|
2129
Silicon Motion
SIMO
$9.55B
| $10.2M | ﹤0.01% |
30,687
+12,161
| +66% | +$2.82M |
|
2130
Kenvue
KVUE
$34.2B
| $10.2M | ﹤0.01% |
534,836
-133,845
| -20% | -$2.36M |
|
2131
Northern Trust US Quality Large Cap ETF
QLC
$1.06B
| $10.2M | ﹤0.01% |
113,694
+15,852
| +16% | +$1.38M |
|
2132
Invesco BulletShares 2030 Municipal Bond ETF
BSMU
$280M
| $10.2M | ﹤0.01% |
465,215
+30,591
| +7% | +$670K |
|
2133
Allison Transmission
ALSN
$10.6B
| $10.2M | ﹤0.01% |
90,398
+9,118
| +11% | +$1.11M |
|
2134
Schwab 1-5 Year Corporate Bond ETF
SCHJ
$854M
| $10.2M | ﹤0.01% |
412,877
+356,706
| +635% | +$8.8M |
|
2135
WisdomTree Mortgage Plus Bond Fund
MTGP
$73.2M
| $10.2M | ﹤0.01% |
230,454
+64,756
| +39% | +$2.86M |
|
2136
OneMain Financial
OMF
$7.22B
| $10.2M | ﹤0.01% |
166,683
+8,911
| +6% | +$502K |
|
2137
Enova International
ENVA
$5.56B
| $10.1M | ﹤0.01% |
42,019
-350
| -0.8% | -$60.2K |
|
|
SFTY
2138
Horizon Managed Risk ETF
SFTY
$792M
| $10.1M | ﹤0.01% |
+328,786
| New | +$9.81M |
|
2139
Listed Funds Trust Roundhill Magnificent Seven ETF
MAGS
$4.29B
| $10.1M | ﹤0.01% |
157,058
-8,947
| -5% | -$591K |
|
2140
Graham Holdings Company
GHC
$4.83B
| $10.1M | ﹤0.01% |
8,844
-125
| -1% | -$141K |
|
2141
Park Hotels & Resorts
PK
$3.12B
| $10M | ﹤0.01% |
705,211
+48,403
| +7% | +$592K |
|
2142
Accel Entertainment
ACEL
$946M
| $10M | ﹤0.01% |
796,769
-150,000
| -16% | -$1.82M |
|
2143
American Century Multisector Income ETF
MUSI
$259M
| $10M | ﹤0.01% |
229,750
+16,390
| +8% | +$716K |
|
2144
VanEck Video Gaming and eSports ETF
ESPO
$253M
| $10M | ﹤0.01% |
111,703
-39,388
| -26% | -$3.55M |
|
2145
Cullen/Frost Bankers
CFR
$10.2B
| $10M | ﹤0.01% |
64,816
+314
| +0.5% | +$44.6K |
|
2146
iShares iBonds Dec 2033 Term Corporate ETF
IBDY
$1.16B
| $10M | ﹤0.01% |
388,876
+26,085
| +7% | +$673K |
|
2147
The Ensign Group
ENSG
$10.1B
| $9.99M | ﹤0.01% |
62,321
-27,796
| -31% | -$4.9M |
|
2148
Goldman Sachs Access High Yield Corporate Bond ETF
GHYB
$141M
| $9.97M | ﹤0.01% |
222,268
-7,084
| -3% | -$317K |
|
2149
Amdocs
DOX
$6.4B
| $9.97M | ﹤0.01% |
197,238
+36,791
| +23% | +$2.26M |
|
2150
Axsome Therapeutics
AXSM
$11.6B
| $9.97M | ﹤0.01% |
40,724
-6,387
| -14% | -$1.39M |
|
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.