1y return+17.8%S&P 500 +20.9%
3y return+49.1%S&P 500 +68.5%
5y return+39.5%S&P 500 +74.5%
10y return+128.0%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $228 against $357 in the S&P 500.2
LPL Financial LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| IVVIshares Tr | $11.1B | 2.5% | +27.6% |
| QQQInvesco Qqq Tr | $7.8B | 1.8% | |
| SPYState Str Spdr S&p 500 Etf T | $7.4B | 1.7% | |
| AAPLApple Inc | $7.0B | 1.6% | +2.4% |
| NVDANvidia Corporation | $6.9B | 1.5% | +2.4% |
| SPYMSpdr Series Trust | $5.6B | 1.3% | +8.0% |
| SPYGSpdr Series Trust | $4.8B | 1.1% | +2.0% |
| IEFAIshares Tr | $4.6B | 1.0% | +3.8% |
| VOOVanguard Index Fds | $4.5B | 1.0% | +3.5% |
| AMZNAmazon Com Inc | $4.1B | 0.9% | +2.1% |
| MSFTMicrosoft Corp | $4.0B | 0.9% | +4.1% |
| CGDVCapital Group Dividend Value | $4.0B | 0.9% | +12.8% |
| IEMGIshares Inc | $4.0B | 0.9% | −8.0% |
| VTIVanguard Index Fds | $3.8B | 0.9% | |
| GOVTIshares Tr | $3.7B | 0.8% | +15.4% |
| QQQMInvesco Exch Traded Fd Tr II | $3.6B | 0.8% | +11.4% |
| DYNFBlackrock Etf Trust | $3.3B | 0.7% | +11.4% |
| GOOGLAlphabet Inc | $3.3B | 0.7% | +2.4% |
| SPYVSpdr Series Trust | $3.2B | 0.7% | +1.0% |
| XLKSelect Sector Spdr Tr | $3.0B | 0.7% | |
| IVWIshares Tr | $3.0B | 0.7% | +3.2% |
| QUALIshares Tr | $2.9B | 0.7% | −17.5% |
| VONVVanguard Scottsdale Fds | $2.9B | 0.6% | +3.5% |
| VUGVanguard Index Fds | $2.9B | 0.6% | +3.1% |
| IUSBIshares Tr | $2.9B | 0.6% | +31.5% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $6.9B |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $2.6B |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $3.3B |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $2.3B |
| XLKSelect Sector Spdr Tr | June 30, 2020 | +264.7% | $3.0B |
| AAPLApple Inc | June 30, 2020 | +217.3% | $7.0B |
| QQQInvesco Qqq Tr | June 30, 2020 | +197.4% | $7.8B |
| IVWIshares Tr | June 30, 2020 | +165.1% | $3.0B |
| SPYGSpdr Series Trust | June 30, 2020 | +164.9% | $4.8B |
| RDVYFirst Tr Exchange Traded Fd | June 30, 2020 | +162.8% | $2.8B |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $252.5M
- Dupont De Nemours IncCUSIP 26614N102 was $20.8M
- Carnival CorpCUSIP 143658300 was $20.2M
- CTRACoterra Energy Inc was $14.6M
- Ishares TrCUSIP 46436E577 was $7.8M
- HARDSimplify Exchange Traded Fun was $6.7M
- Hologic IncCUSIP 436440101 was $5.2M
- PKSTPeakstone Realty Trust was $4.4M
- Thomson Reuters CorpCUSIP 884903808 was $3.9M
- Ascendis Pharma A/sCUSIP 04351P101 was $3.5M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.0% | +14.8% |
| March 31, 2026 | −1.9% | −4.6% |
| December 31, 2025 | +1.5% | +2.4% |
| September 30, 2025 | +6.4% | +7.8% |
| June 30, 2025 | +7.9% | +10.5% |
| March 31, 2025 | −2.7% | −4.6% |
| December 31, 2024 | −0.2% | +2.1% |
| September 30, 2024 | +5.5% | +5.4% |
| June 30, 2024 | +1.4% | +4.0% |
| March 31, 2024 | +6.9% | +10.0% |
| December 31, 2023 | +9.5% | +11.2% |
| September 30, 2023 | −3.7% | −3.6% |
| June 30, 2023 | +4.5% | +8.3% |
| March 31, 2023 | +4.9% | +7.0% |
| December 31, 2022 | +6.6% | +7.1% |
| September 30, 2022 | −5.6% | −5.3% |
| June 30, 2022 | −14.4% | −16.5% |
| March 31, 2022 | −5.3% | −4.9% |
| December 31, 2021 | +6.0% | +10.7% |
| September 30, 2021 | −1.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: LPL Financial LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1403438&type=13F-HR&dateb=&owner=include&count=40CIK 1403438
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1403438/000140343826000004/Filed August 7, 2026 · accession 0001403438-26-000004