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 | |
|---|---|---|---|---|---|---|
2301
PGIM Jennison Focused Value ETF
PJFV
$150M
| $8.48M | ﹤0.01% |
+86,120
| New | +$7.99M |
|
|
WEEI
2302
Westwood Salient Enhanced Energy Income ETF
WEEI
$106M
| $8.47M | ﹤0.01% |
383,187
+207,896
| +119% | +$4.91M |
|
2303
Texas Roadhouse
TXRH
$11.7B
| $8.46M | ﹤0.01% |
43,776
-15,102
| -26% | -$2.57M |
|
|
FIGR
2304
Figure Technology Solutions
FIGR
$8.38B
| $8.45M | ﹤0.01% |
275,193
+58,941
| +27% | +$1.97M |
|
|
SEZL
2305
Sezzle
SEZL
$4.06B
| $8.44M | ﹤0.01% |
49,149
+15,395
| +46% | +$1.62M |
|
2306
American Century US Quality Value ETF
VALQ
$334M
| $8.43M | ﹤0.01% |
120,990
+4,456
| +4% | +$300K |
|
|
HGRO
2307
Hedgeye Quality Growth ETF
HGRO
$124M
| $8.42M | ﹤0.01% |
+268,585
| New | +$8.13M |
|
|
GTOP
2308
Goldman Sachs Technology Opportunities ETF
GTOP
$723M
| $8.42M | ﹤0.01% |
169,094
-8,111
| -5% | -$367K |
|
2309
McCormick & Company Non-Voting
MKC
$13.9B
| $8.42M | ﹤0.01% |
166,975
-40,979
| -20% | -$2.01M |
|
2310
CRISPR Therapeutics
CRSP
$5.05B
| $8.38M | ﹤0.01% |
153,581
+1,539
| +1% | +$81.1K |
|
|
GREK
2311
Global X MSCI Greece ETF
GREK
$351M
| $8.35M | ﹤0.01% |
110,566
+71,654
| +184% | +$5.17M |
|
2312
QuantumScape Corp
QS
$3.25B
| $8.35M | ﹤0.01% |
1,103,910
+238,731
| +28% | +$1.79M |
|
2313
Neuberger Commodity Strategy ETF
NBCM
$528M
| $8.34M | ﹤0.01% |
314,465
+135,427
| +76% | +$3.88M |
|
2314
Joby Aviation
JOBY
$6.33B
| $8.34M | ﹤0.01% |
934,957
+263,072
| +39% | +$2.54M |
|
2315
US Treasury 10 Year Note ETF
UTEN
$264M
| $8.32M | ﹤0.01% |
192,642
-27,367
| -12% | -$1.19M |
|
|
ETW
2316
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
$1.05B
| $8.32M | ﹤0.01% |
863,063
+35,627
| +4% | +$333K |
|
2317
AllianzIM U.S. Equity Buffer20 Jun ETF
JUNW
$376M
| $8.3M | ﹤0.01% |
241,376
+120,016
| +99% | +$4.1M |
|
|
PFN
2318
PIMCO Income Strategy Fund II
PFN
$655M
| $8.29M | ﹤0.01% |
1,163,151
-62,702
| -5% | -$436K |
|
2319
AllianzIM U.S. Equity Buffer20 Dec ETF
DECW
$229M
| $8.28M | ﹤0.01% |
232,172
-1,926
| -0.8% | -$67.6K |
|
2320
Invesco Biotechnology & Genome ETF
PBE
$392M
| $8.28M | ﹤0.01% |
92,322
+5,582
| +6% | +$460K |
|
2321
Ball Corp
BALL
$16B
| $8.27M | ﹤0.01% |
132,568
-2,134
| -2% | -$125K |
|
2322
ProShares S&P Technology Dividend Aristocrats ETF
TDV
$277M
| $8.27M | ﹤0.01% |
79,507
-19,128
| -19% | -$1.87M |
|
2323
Fluor
FLR
$7.2B
| $8.25M | ﹤0.01% |
157,482
+33,503
| +27% | +$1.64M |
|
2324
PIMCO Broad US TIPS Index Exchange-Traded Fund
TIPZ
$87.5M
| $8.21M | ﹤0.01% |
156,967
+11,700
| +8% | +$619K |
|
2325
Samsara
IOT
$23B
| $8.21M | ﹤0.01% |
253,168
-1,027
| -0.4% | -$31.8K |
|
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.