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 | |
|---|---|---|---|---|---|---|
2326
ENI
E
$80.3B
| $8.2M | ﹤0.01% |
174,941
+18,761
| +12% | +$1.01M |
|
2327
Procure Space ETF
UFO
$552M
| $8.2M | ﹤0.01% |
161,782
+151,885
| +1,535% | +$8.18M |
|
2328
CDW
CDW
$18.9B
| $8.18M | ﹤0.01% |
58,154
+21,235
| +58% | +$2.67M |
|
2329
Western Alliance Bancorporation
WAL
$8.61B
| $8.18M | ﹤0.01% |
99,482
+4,689
| +5% | +$370K |
|
2330
Vicor
VICR
$9.15B
| $8.17M | ﹤0.01% |
21,505
+1,730
| +9% | +$472K |
|
2331
JPMorgan Inflation Managed Bond ETF
JCPI
$893M
| $8.16M | ﹤0.01% |
170,578
+18,757
| +12% | +$907K |
|
|
MDLN
2332
Medline Inc
MDLN
$28.3B
| $8.13M | ﹤0.01% |
206,200
+23,237
| +13% | +$936K |
|
2333
Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF
TLTD
$686M
| $8.13M | ﹤0.01% |
82,847
+19,521
| +31% | +$1.94M |
|
2334
Northwest Bancshares
NWBI
$2.27B
| $8.12M | ﹤0.01% |
535,530
+5,514
| +1% | +$76.8K |
|
|
SILA
2335
DELISTED
Sila Realty Trust
SILA
| $8.11M | ﹤0.01% |
267,235
-44,198
| -14% | -$1.29M |
|
2336
iShares 25+ Year Treasury STRIPS Bond ETF
GOVZ
$322M
| $8.1M | ﹤0.01% |
220,603
+8,281
| +4% | +$299K |
|
|
RIFR
2337
Russell Investments Global Infrastructure ETF
RIFR
$45M
| $8.1M | ﹤0.01% |
284,228
+11,099
| +4% | +$316K |
|
2338
Align Technology
ALGN
$10.7B
| $8.09M | ﹤0.01% |
47,976
-10,898
| -19% | -$1.89M |
|
2339
Reinsurance Group of America
RGA
$16.1B
| $8.08M | ﹤0.01% |
37,989
+4,285
| +13% | +$894K |
|
2340
Harbor Ares Systematic High Yield ETF
SIHY
$148M
| $8.06M | ﹤0.01% |
177,010
-27,511
| -13% | -$1.25M |
|
2341
Cenovus Energy
CVE
$60.7B
| $8.06M | ﹤0.01% |
324,735
+49,560
| +18% | +$1.37M |
|
2342
BlackRock MuniHoldings California Quality Fund
MUC
$971M
| $8.05M | ﹤0.01% |
732,748
+56,391
| +8% | +$607K |
|
2343
Vanguard Global ex-US Real Estate ETF
VNQI
$3.4B
| $8.05M | ﹤0.01% |
179,539
+5,382
| +3% | +$248K |
|
2344
AutoNation
AN
$6.94B
| $8.05M | ﹤0.01% |
43,312
-31,197
| -42% | -$6.1M |
|
|
PENG
2345
Penguin Solutions Inc
PENG
$2.59B
| $8.05M | ﹤0.01% |
105,860
+76,791
| +264% | +$3.49M |
|
2346
Woodward
WWD
$20.1B
| $8.04M | ﹤0.01% |
18,909
-8,213
| -30% | -$3.11M |
|
2347
iShares Gold Trust Micro
IAUM
$6.91B
| $8.03M | ﹤0.01% |
200,740
+58,195
| +41% | +$2.62M |
|
2348
Solventum
SOLV
$14.9B
| $8.02M | ﹤0.01% |
104,010
+14,239
| +16% | +$1.04M |
|
2349
Invesco Senior Income Trust
VVR
$453M
| $8.02M | ﹤0.01% |
2,673,527
-68,214
| -2% | -$209K |
|
2350
Teck Resources
TECK
$32.6B
| $8.02M | ﹤0.01% |
134,871
+3,052
| +2% | +$186K |
|
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.