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 | |
|---|---|---|---|---|---|---|
2251
Gold Fields
GFI
$40.1B
| $8.97M | ﹤0.01% |
266,921
-49,391
| -16% | -$2.06M |
|
2252
DraftKings
DKNG
$12B
| $8.96M | ﹤0.01% |
354,751
-9,306
| -3% | -$230K |
|
2253
Nuveen ESG Emerging Markets Equity ETF
NUEM
$423M
| $8.94M | ﹤0.01% |
210,663
-8,157
| -4% | -$334K |
|
2254
ImmunityBio
IBRX
$8.7B
| $8.94M | ﹤0.01% |
1,021,057
+156,427
| +18% | +$1.18M |
|
2255
Invesco DB Agriculture Fund
DBA
$1.25B
| $8.94M | ﹤0.01% |
335,081
-421,920
| -56% | -$11.5M |
|
|
ECHO
2256
EchoStar
ECHO
$27B
| $8.93M | ﹤0.01% |
88,000
+26,248
| +43% | +$3.21M |
|
2257
Schwab 1000 Index ETF
SCHK
$5.84B
| $8.93M | ﹤0.01% |
247,609
+1,302
| +0.5% | +$45.5K |
|
2258
Exelixis
EXEL
$13.9B
| $8.91M | ﹤0.01% |
163,745
-235,867
| -59% | -$11.5M |
|
2259
FT Vest US Equity Deep Buffer ETF August
DAUG
$421M
| $8.9M | ﹤0.01% |
190,083
+35,953
| +23% | +$1.65M |
|
2260
Takeda Pharmaceutical
TAK
$58.3B
| $8.9M | ﹤0.01% |
555,228
+81,021
| +17% | +$1.34M |
|
2261
PUT
Meta Platforms (Facebook)
META
$1.65T
| $8.9M | ﹤0.01% |
15,800
+800
| +5% | +$489K |
|
|
FTF
2262
Franklin Limited Duration Income Trust
FTF
$230M
| $8.87M | ﹤0.01% |
1,532,759
-22,131
| -1% | -$130K |
|
|
FSGS
2263
First Trust SMID Growth Strength ETF
FSGS
$31.2M
| $8.87M | ﹤0.01% |
280,507
+5,689
| +2% | +$175K |
|
2264
Flowserve
FLS
$9.44B
| $8.87M | ﹤0.01% |
119,616
+17,072
| +17% | +$1.3M |
|
2265
Factset
FDS
$9.17B
| $8.85M | ﹤0.01% |
38,479
-15,301
| -28% | -$3.51M |
|
2266
Lightwave Logic
LWLG
$809M
| $8.85M | ﹤0.01% |
935,687
+113,806
| +14% | +$1.33M |
|
2267
Norwegian Cruise Line
NCLH
$6.87B
| $8.85M | ﹤0.01% |
419,062
+86,600
| +26% | +$1.62M |
|
2268
JD.com
JD
$36.7B
| $8.84M | ﹤0.01% |
346,951
+115,513
| +50% | +$3.4M |
|
2269
State Street SPDR S&P Transportation ETF
XTN
$344M
| $8.84M | ﹤0.01% |
76,403
+40,843
| +115% | +$4.4M |
|
2270
Planet Labs
PL
$6.08B
| $8.83M | ﹤0.01% |
266,387
-98,885
| -27% | -$3.66M |
|
2271
Hamilton Lane
HLNE
$4.21B
| $8.82M | ﹤0.01% |
111,918
+59,595
| +114% | +$5.3M |
|
2272
Simplify Short Term Treasury Futures Strategy ETF
TUA
$508M
| $8.82M | ﹤0.01% |
431,936
-333,138
| -44% | -$6.92M |
|
2273
Franklin FTSE Japan ETF
FLJP
$4.22B
| $8.81M | ﹤0.01% |
221,617
-456,201
| -67% | -$17.7M |
|
|
AMRZ
2274
Amrize Ltd
AMRZ
$22.3B
| $8.79M | ﹤0.01% |
164,959
+19,607
| +13% | +$1.06M |
|
|
TPC
2275
Tutor Perini Cor
TPC
$4.66B
| $8.79M | ﹤0.01% |
105,962
+27,751
| +35% | +$2.23M |
|
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.