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 | |
|---|---|---|---|---|---|---|
2176
Incyte
INCY
$24.8B
| $9.7M | ﹤0.01% |
85,595
-4,468
| -5% | -$443K |
|
2177
Jazz Pharmaceuticals
JAZZ
$16B
| $9.69M | ﹤0.01% |
40,226
+4,071
| +11% | +$892K |
|
2178
United States Copper Index Fund
CPER
$733M
| $9.69M | ﹤0.01% |
256,887
-18,579
| -7% | -$700K |
|
|
TAXE
2179
Intermediate Municipal Income ETF
TAXE
$206M
| $9.68M | ﹤0.01% |
188,792
+41,184
| +28% | +$2.11M |
|
2180
Northern Trust STOXX US ESG Select ETF
ESG
$136M
| $9.67M | ﹤0.01% |
54,996
+33
| +0.1% | +$5.56K |
|
2181
iShares MSCI Poland ETF
EPOL
$872M
| $9.66M | ﹤0.01% |
250,304
+48,762
| +24% | +$1.92M |
|
2182
Panagram BBB-B CLO ETF
CLOZ
$800M
| $9.65M | ﹤0.01% |
365,239
+310,797
| +571% | +$8.16M |
|
2183
Campbell Soup
CPB
$6.32B
| $9.63M | ﹤0.01% |
432,457
+167,386
| +63% | +$3.53M |
|
|
VG
2184
Venture Global Inc
VG
$39.2B
| $9.63M | ﹤0.01% |
865,173
-170,211
| -16% | -$2.15M |
|
2185
Pacer Lunt Large Cap Multi-Factor Alternator ETF
PALC
$206M
| $9.63M | ﹤0.01% |
161,121
-3,001
| -2% | -$167K |
|
2186
Capital Southwest
CSWC
$1.54B
| $9.57M | ﹤0.01% |
402,585
+170,872
| +74% | +$4M |
|
2187
Elbit Systems
ESLT
$34B
| $9.56M | ﹤0.01% |
12,597
+182
| +1% | +$151K |
|
|
HTD
2188
John Hancock Tax-Advantaged Dividend Income Fund
HTD
$877M
| $9.55M | ﹤0.01% |
374,648
+2,234
| +0.6% | +$56.7K |
|
2189
Zacks Small/Mid Cap ETF
SMIZ
$275M
| $9.55M | ﹤0.01% |
213,976
+106,127
| +98% | +$4.43M |
|
|
ETG
2190
Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
$1.78B
| $9.54M | ﹤0.01% |
405,342
+37,468
| +10% | +$840K |
|
2191
Sonoco
SON
$4.75B
| $9.52M | ﹤0.01% |
169,019
+91,606
| +118% | +$4.7M |
|
|
EOS
2192
Eaton Vance Enhance Equity Income Fund II
EOS
$1.14B
| $9.52M | ﹤0.01% |
431,821
+19,096
| +5% | +$422K |
|
2193
Saia
SAIA
$9.32B
| $9.5M | ﹤0.01% |
22,567
-219
| -1% | -$96.2K |
|
2194
WisdomTree Global High Dividend Fund
DEW
$162M
| $9.5M | ﹤0.01% |
138,300
+14,373
| +12% | +$982K |
|
2195
Lumen
LUMN
$7.35B
| $9.49M | ﹤0.01% |
1,235,795
-140,161
| -10% | -$1.23M |
|
2196
FT Vest US Equity Deep Buffer ETF December
DDEC
$441M
| $9.49M | ﹤0.01% |
200,242
+24,294
| +14% | +$1.13M |
|
2197
GlobalFoundries
GFS
$25.7B
| $9.48M | ﹤0.01% |
115,052
+60,992
| +113% | +$4.26M |
|
2198
Mine Safety
MSA
$7.02B
| $9.47M | ﹤0.01% |
54,265
-719
| -1% | -$120K |
|
2199
WisdomTree Bloomberg US Dollar Bullish Fund
USDU
$275M
| $9.46M | ﹤0.01% |
353,695
+201,030
| +132% | +$5.26M |
|
2200
JPMorgan High Yield Municipal ETF
JMHI
$291M
| $9.46M | ﹤0.01% |
186,755
+43,611
| +30% | +$2.19M |
|
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.