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 | |
|---|---|---|---|---|---|---|
2226
Pinterest
PINS
$10.6B
| $9.15M | ﹤0.01% |
434,865
-22,160
| -5% | -$445K |
|
2227
Mettler-Toledo International
MTD
$26.1B
| $9.12M | ﹤0.01% |
7,141
-161
| -2% | -$194K |
|
2228
VanEck Energy Income ETF
EINC
$79.8M
| $9.11M | ﹤0.01% |
76,455
+9,250
| +14% | +$1.09M |
|
2229
Thrivent Small-Mid Cap ESG ETF
TSME
$879M
| $9.1M | ﹤0.01% |
173,678
+41,892
| +32% | +$1.98M |
|
2230
Moog Inc Class A
MOG.A
$11.5B
| $9.09M | ﹤0.01% |
21,453
+1,474
| +7% | +$503K |
|
2231
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
$1.31B
| $9.09M | ﹤0.01% |
419,399
-28,655
| -6% | -$631K |
|
2232
Invesco S&P Global Water Index ETF
CGW
$1.03B
| $9.07M | ﹤0.01% |
137,966
+207
| +0.2% | +$13.3K |
|
2233
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$724M
| $9.07M | ﹤0.01% |
213,690
+1,205
| +0.6% | +$50.6K |
|
2234
Northern Trust Ultra-Short Fixed Income ETF
RAVI
$1.54B
| $9.05M | ﹤0.01% |
119,958
+165
| +0.1% | +$12.4K |
|
2235
iShares Global Comm Services ETF
IXP
$469M
| $9.04M | ﹤0.01% |
80,108
-8,502
| -10% | -$1.02M |
|
2236
Hess Midstream
HESM
$5.12B
| $9.04M | ﹤0.01% |
240,412
+35,848
| +18% | +$1.38M |
|
2237
Polaris
PII
$3.35B
| $9.03M | ﹤0.01% |
131,970
+2,368
| +2% | +$153K |
|
2238
Pan American Silver
PAAS
$20.9B
| $9.03M | ﹤0.01% |
201,643
-11,664
| -5% | -$625K |
|
2239
Zimmer Biomet
ZBH
$17.6B
| $9.03M | ﹤0.01% |
104,852
-6,473
| -6% | -$568K |
|
2240
RenaissanceRe
RNR
$13.4B
| $9.02M | ﹤0.01% |
28,478
+3,601
| +14% | +$1.08M |
|
2241
Xtrackers MSCI Emerging Markets Hedged Equity ETF
DBEM
$110M
| $9.02M | ﹤0.01% |
219,700
+15,820
| +8% | +$617K |
|
2242
Semtech
SMTC
$15.8B
| $9.01M | ﹤0.01% |
55,679
+22,410
| +67% | +$2.93M |
|
2243
Liberty Media Series C
FWONK
$24B
| $9.01M | ﹤0.01% |
94,714
-6,407
| -6% | -$573K |
|
2244
Essex Property Trust
ESS
$17.6B
| $9M | ﹤0.01% |
30,873
-2,316
| -7% | -$623K |
|
2245
FT Vest US Equity Deep Buffer ETF January
DJAN
$485M
| $9M | ﹤0.01% |
197,622
+54,833
| +38% | +$2.46M |
|
|
QMMY
2246
FT Vest Nasdaq-100 Moderate Buffer ETF - May
QMMY
$150M
| $8.99M | ﹤0.01% |
339,513
+316,917
| +1,403% | +$8.24M |
|
2247
iShares Core MSCI Pacific ETF
IPAC
$2.83B
| $8.99M | ﹤0.01% |
109,734
-2,120
| -2% | -$172K |
|
2248
First Trust Indxx Innovative Transaction & Process ETF
LEGR
$131M
| $8.97M | ﹤0.01% |
139,661
-8,843
| -6% | -$563K |
|
2249
Hims & Hers Health
HIMS
$6.38B
| $8.97M | ﹤0.01% |
258,667
+33,038
| +15% | +$887K |
|
|
CBRS
2250
Cerebras Systems
CBRS
$46.1B
| $8.97M | ﹤0.01% |
+40,570
| New | +$9.55M |
|
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.