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 | |
|---|---|---|---|---|---|---|
2451
AXT Inc
AXTI
$4.28B
| $7.25M | ﹤0.01% |
100,576
+10,424
| +12% | +$939K |
|
2452
Invesco S&P SmallCap 600 Pure Growth ETF
RZG
$126M
| $7.23M | ﹤0.01% |
99,485
-4,022
| -4% | -$259K |
|
2453
Ouster
OUST
$2.59B
| $7.23M | ﹤0.01% |
115,566
+23,803
| +26% | +$801K |
|
2454
Ichor Holdings
ICHR
$2.15B
| $7.22M | ﹤0.01% |
64,319
+44,295
| +221% | +$3.2M |
|
2455
Invesco Global Listed Private Equity ETF
PSP
$235M
| $7.22M | ﹤0.01% |
129,608
-5,220
| -4% | -$310K |
|
2456
BNY Mellon Core Bond ETF
BKAG
$2.44B
| $7.2M | ﹤0.01% |
171,573
-6,499
| -4% | -$273K |
|
|
TBLD
2457
Thornburg Income Builder Opportunities Trust
TBLD
$686M
| $7.19M | ﹤0.01% |
325,663
+21,935
| +7% | +$482K |
|
2458
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$6.76B
| $7.18M | ﹤0.01% |
120,002
+24,055
| +25% | +$1.48M |
|
2459
Fox Class A
FOXA
$27.8B
| $7.18M | ﹤0.01% |
137,667
+14,615
| +12% | +$903K |
|
2460
Jones Lang LaSalle
JLL
$16B
| $7.17M | ﹤0.01% |
23,147
+7,963
| +52% | +$2.47M |
|
2461
United Therapeutics
UTHR
$21.5B
| $7.17M | ﹤0.01% |
13,229
+1,737
| +15% | +$978K |
|
2462
iShares Interest Rate Hedged Long-Term Corporate Bond ETF
IGBH
$248M
| $7.16M | ﹤0.01% |
291,175
-344,028
| -54% | -$8.44M |
|
2463
Invesco Global ex-US High Yield Corporate Bond ETF
PGHY
$227M
| $7.15M | ﹤0.01% |
362,947
+41,059
| +13% | +$813K |
|
2464
Dimensional International Small Cap Value ETF
DISV
$5.25B
| $7.15M | ﹤0.01% |
178,048
+41,911
| +31% | +$1.74M |
|
2465
iShares iBonds Dec 2029 Term Muni Bond ETF
IBMR
$479M
| $7.14M | ﹤0.01% |
281,078
+33,854
| +14% | +$858K |
|
2466
Global X Blockchain ETF
BKCH
$294M
| $7.12M | ﹤0.01% |
95,139
+11,589
| +14% | +$918K |
|
2467
State Street SPDR S&P Health Care Services ETF
XHS
$221M
| $7.1M | ﹤0.01% |
53,783
+23,877
| +80% | +$2.71M |
|
2468
Ondas Inc
ONDS
$4.16B
| $7.09M | ﹤0.01% |
860,191
+146,354
| +21% | +$1.44M |
|
2469
iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
$284M
| $7.07M | ﹤0.01% |
153,476
+18,934
| +14% | +$846K |
|
2470
FT Vest US Equity Moderate Buffer ETF April
GAPR
$294M
| $7.06M | ﹤0.01% |
169,304
+68,462
| +68% | +$2.82M |
|
|
TNGY
2471
Tortoise Energy ETF
TNGY
$592M
| $7.03M | ﹤0.01% |
724,344
+156,834
| +28% | +$1.59M |
|
2472
Nexa Resources
NEXA
$1.79B
| $7.02M | ﹤0.01% |
573,408
+77,526
| +16% | +$1.08M |
|
2473
Peabody Energy
BTU
$3.46B
| $7.01M | ﹤0.01% |
303,254
+84,854
| +39% | +$2.26M |
|
2474
First Horizon
FHN
$11.6B
| $7M | ﹤0.01% |
273,045
-437
| -0.2% | -$10.7K |
|
2475
Iridium Communications
IRDM
$5B
| $7M | ﹤0.01% |
127,605
+77,691
| +156% | +$3.32M |
|
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.