Commonwealth Equity Services Portfolio holdings
Commonwealth Financial Network acts as the back office for independent financial advisers, processing investment transactions for their clients. Joseph Deitch founded it in 1979 as The Cambridge Group, an outgrowth of his financial planning practice, and adopted the Commonwealth name in 1981. In 1992 it bought Kavanaugh Securities of Dallas to expand its national presence. LPL Holdings acquired the firm in August 2025, and it continues to operate under the Commonwealth brand.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 1000 Value ETF
IWD
|
+$16.5M |
| 2 |
iShares Russell 1000 Growth ETF
IWF
|
+$14M |
| 3 |
CXP
COLUMBIA PROPERTY TRUST, INC.
CXP
|
+$13M |
| 4 |
Financial Institutions
FISI
|
+$11M |
| 5 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$10.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
COLE
COLE REAL ESTATE INVESTMENTS, INC COM
COLE
|
+$18.5M |
| 2 |
SRC
SPIRIT REALTY CAPITAL, INC.
SRC
|
+$12.5M |
| 3 |
SPDR Gold Trust
GLD
|
+$8.46M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$6.47M |
| 5 |
Schwab US Mid-Cap ETF
SCHM
|
+$6.37M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 50.45% |
| 2 | Energy | 7.53% |
| 3 | Technology | 6.47% |
| 4 | Financials | 6.12% |
| 5 | Healthcare | 5.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
iShares Russell 1000 Growth ETF
IWF
$117B
| $201M | 2.92% |
9,353,132
+683,876
| +8% | +$14M |
2013 Q2
2 quarters
|
|
|
2
iShares Russell 1000 Value ETF
IWD
$84.7B
| $187M | 2.72% |
1,989,015
+181,445
| +10% | +$16.5M |
2013 Q2
2 quarters
|
|
3
Apple
AAPL
$5.07T
| $159M | 2.3% |
7,917,420
+150,836
| +2% | +$2.85M |
2013 Q2
2 quarters
|
|
4
ExxonMobil
XOM
$671B
| $158M | 2.29% |
1,558,927
+1,690
| +0.1% | +$156K |
2013 Q2
2 quarters
|
|
5
State Street SPDR S&P 500 ETF Trust
SPY
$796B
| $107M | 1.55% |
577,165
+30,071
| +5% | +$5.32M |
2013 Q2
2 quarters
|
|
|
6
Vanguard FTSE Developed Markets ETF
VEA
$229B
| $101M | 1.47% |
2,429,985
+260,575
| +12% | +$10.6M |
2013 Q2
2 quarters
|
|
7
GE Aerospace
GE
$351B
| $100M | 1.45% |
742,328
+6,148
| +0.8% | +$774K |
2013 Q2
2 quarters
|
|
8
iShares Russell Mid-Cap Growth ETF
IWP
$18.1B
| $77.7M | 1.13% |
1,841,598
+241,106
| +15% | +$9.7M |
2013 Q2
2 quarters
|
|
9
Berkshire Hathaway Class B
BRK.B
$1.24T
| $77M | 1.12% |
649,465
+11,958
| +2% | +$1.38M |
2013 Q2
2 quarters
|
|
10
Invesco QQQ Trust
QQQ
$458B
| $76.7M | 1.11% |
871,974
+89,608
| +11% | +$7.47M |
2013 Q2
2 quarters
|
|
11
iShares MSCI EAFE ETF
EFA
$77.5B
| $73M | 1.06% |
1,088,716
+154,585
| +17% | +$10.1M |
2013 Q2
2 quarters
|
|
12
Verizon
VZ
$192B
| $72.6M | 1.05% |
1,476,825
+53,608
| +4% | +$2.64M |
2013 Q2
2 quarters
|
|
13
AT&T
T
$148B
| $71.9M | 1.05% |
2,709,263
+27,763
| +1% | +$730K |
2013 Q2
2 quarters
|
|
14
Johnson & Johnson
JNJ
$676B
| $71.3M | 1.04% |
778,070
-6,956
| -0.9% | -$641K |
2013 Q2
2 quarters
|
|
15
Vanguard FTSE Emerging Markets ETF
VWO
$120B
| $68M | 0.99% |
1,653,617
+149,656
| +10% | +$6.17M |
2013 Q2
2 quarters
|
|
16
Procter & Gamble
PG
$391B
| $62.6M | 0.91% |
769,524
-2,761
| -0.4% | -$225K |
2013 Q2
2 quarters
|
|
17
iShares Core S&P 500 ETF
IVV
$870B
| $62.1M | 0.9% |
334,351
+42,962
| +15% | +$7.65M |
2013 Q2
2 quarters
|
|
18
Chevron
CVX
$412B
| $60.9M | 0.88% |
487,700
+10,316
| +2% | +$1.25M |
2013 Q2
2 quarters
|
|
19
Vanguard Dividend Appreciation ETF
VIG
$117B
| $60.9M | 0.88% |
809,232
+36,373
| +5% | +$2.65M |
2013 Q2
2 quarters
|
|
20
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.7B
| $60.9M | 0.88% |
1,154,150
+50,254
| +5% | +$2.65M |
2013 Q2
2 quarters
|
|
21
IBM
IBM
$231B
| $56.9M | 0.83% |
317,093
+8,015
| +3% | +$1.38M |
2013 Q2
2 quarters
|
|
22
iShares Russell 2000 Value ETF
IWN
$14.1B
| $50.2M | 0.73% |
504,739
+30,444
| +6% | +$2.91M |
2013 Q2
2 quarters
|
|
23
Vanguard Morningstar Total Stock Market ETF
VTI
$686B
| $48.4M | 0.7% |
505,016
+38,235
| +8% | +$3.52M |
2013 Q2
2 quarters
|
|
24
Vanguard Morningstar Growth ETF
VUG
$218B
| $47.6M | 0.69% |
3,066,342
+140,838
| +5% | +$2.08M |
2013 Q2
2 quarters
|
|
25
iShares Russell Mid-Cap Value ETF
IWS
$15.1B
| $44.3M | 0.64% |
674,076
+86,026
| +15% | +$5.48M |
2013 Q2
2 quarters
|
|
Similar funds
Commonwealth Equity Services's Q4 2013 Portfolio in Review
As of Q4 2013, Commonwealth Equity Services held 2,029 positions worth $6.89B, up 12% from $6.16B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Commonwealth Equity Services deployed $292M of net new capital in Q4 2013, opening 158 new positions and adding to 977 existing holdings. Its largest new stake was COLUMBIA PROPERTY TRUST, INC.: 558,887 shares worth $14M.
By sector, the portfolio is most concentrated in Miscellaneous at 50% of assets, up from 50% a quarter earlier, followed by Energy and Technology.
On the sell side, the largest reduction was COLE REAL ESTATE INVESTMENTS, INC COM, an estimated $18.5M trimmed.
- Commonwealth Equity Services's largest Q4 2013 buy was COLUMBIA PROPERTY TRUST, INC.: 558,887 shares worth $14M.
- Commonwealth Equity Services added most to iShares Russell 1000 Value ETF in Q4 2013, an estimated $16.5M increase.
- Commonwealth Equity Services's biggest Q4 2013 reduction was COLE REAL ESTATE INVESTMENTS, INC COM, cutting an estimated $18.5M.
- Commonwealth Equity Services fully exited Targa Resources in Q4 2013, selling an estimated $2.35M.
- Commonwealth Equity Services's ten largest holdings make up 18% of its $6.89B portfolio in Q4 2013.
- Commonwealth Equity Services opened 158 new positions and closed 105 in Q4 2013.
- Commonwealth Equity Services's portfolio value rose 12% quarter-over-quarter to $6.89B.
Based on Commonwealth Equity Services's 13F filing for Q4 2013, filed 11 Feb 2014.