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 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$21.2M |
| 2 |
iShares S&P 500 Growth ETF
IVW
|
+$14.7M |
| 3 |
iShares Russell 1000 Growth ETF
IWF
|
+$12.9M |
| 4 |
iShares Russell 1000 Value ETF
IWD
|
+$11.4M |
| 5 |
W.P. Carey
WPC
|
+$11.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
COLE
COLE REAL ESTATE INVESTMENTS, INC COM
COLE
|
+$10.4M |
| 2 |
Vanguard Consumer Staples ETF
VDC
|
+$9.9M |
| 3 |
Apple
AAPL
|
+$8.94M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$7.84M |
| 5 |
ETUA
EUNITS 2 YR U S EQUITY MKT UIT (MA)
ETUA
|
+$7.74M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 50.81% |
| 2 | Energy | 7.24% |
| 3 | Technology | 6.27% |
| 4 | Financials | 6.27% |
| 5 | Healthcare | 5.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
iShares Russell 1000 Growth ETF
IWF
$124B
| $215M | 2.98% |
9,955,340
+602,208
| +6% | +$12.9M |
2013 Q2
3 quarters
|
|
|
2
iShares Russell 1000 Value ETF
IWD
$85.4B
| $204M | 2.81% |
2,110,882
+121,867
| +6% | +$11.4M |
2013 Q2
3 quarters
|
|
3
ExxonMobil
XOM
$754B
| $154M | 2.13% |
1,577,498
+18,571
| +1% | +$1.77M |
2013 Q2
3 quarters
|
|
|
4
Apple
AAPL
$5.09T
| $143M | 1.97% |
7,447,160
-470,260
| -6% | -$8.94M |
2013 Q2
3 quarters
|
|
|
5
Vanguard FTSE Developed Markets ETF
VEA
$231B
| $122M | 1.68% |
2,948,570
+518,585
| +21% | +$21.2M |
2013 Q2
3 quarters
|
|
6
State Street SPDR S&P 500 ETF Trust
SPY
$816B
| $112M | 1.55% |
598,163
+20,998
| +4% | +$3.85M |
2013 Q2
3 quarters
|
|
7
GE Aerospace
GE
$325B
| $96.2M | 1.33% |
775,626
+33,298
| +4% | +$4.11M |
2013 Q2
3 quarters
|
|
8
Berkshire Hathaway Class B
BRK.B
$1.16T
| $84.9M | 1.17% |
679,391
+29,926
| +5% | +$3.5M |
2013 Q2
3 quarters
|
|
9
iShares Russell Mid-Cap Growth ETF
IWP
$19.2B
| $82.2M | 1.13% |
1,914,976
+73,378
| +4% | +$3.12M |
2013 Q2
3 quarters
|
|
10
Invesco QQQ Trust
QQQ
$483B
| $80.1M | 1.11% |
914,093
+42,119
| +5% | +$3.72M |
2013 Q2
3 quarters
|
|
11
Johnson & Johnson
JNJ
$662B
| $79.7M | 1.1% |
811,404
+33,334
| +4% | +$3.09M |
2013 Q2
3 quarters
|
|
12
Verizon
VZ
$181B
| $77.4M | 1.07% |
1,627,282
+150,457
| +10% | +$7.12M |
2013 Q2
3 quarters
|
|
13
AT&T
T
$141B
| $77.4M | 1.07% |
2,921,320
+212,057
| +8% | +$5.32M |
2013 Q2
3 quarters
|
|
14
Vanguard FTSE Emerging Markets ETF
VWO
$120B
| $71M | 0.98% |
1,748,923
+95,306
| +6% | +$3.7M |
2013 Q2
3 quarters
|
|
15
iShares Core S&P 500 ETF
IVV
$885B
| $65.2M | 0.9% |
346,661
+12,310
| +4% | +$2.27M |
2013 Q2
3 quarters
|
|
|
16
iShares MSCI EAFE ETF
EFA
$77.4B
| $65.2M | 0.9% |
970,134
-118,582
| -11% | -$7.84M |
2013 Q2
3 quarters
|
|
17
Procter & Gamble
PG
$372B
| $64.8M | 0.9% |
803,904
+34,380
| +4% | +$2.71M |
2013 Q2
3 quarters
|
|
18
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.6B
| $64.7M | 0.89% |
1,226,508
+72,358
| +6% | +$3.82M |
2013 Q2
3 quarters
|
|
19
Vanguard Dividend Appreciation ETF
VIG
$117B
| $64.4M | 0.89% |
855,769
+46,537
| +6% | +$3.43M |
2013 Q2
3 quarters
|
|
20
Chevron
CVX
$454B
| $60.8M | 0.84% |
511,196
+23,496
| +5% | +$2.73M |
2013 Q2
3 quarters
|
|
21
IBM
IBM
$244B
| $60.6M | 0.84% |
329,139
+12,046
| +4% | +$2.12M |
2013 Q2
3 quarters
|
|
|
22
iShares S&P 500 Growth ETF
IVW
$76.3B
| $56.1M | 0.77% |
2,247,664
+596,556
| +36% | +$14.7M |
2013 Q2
3 quarters
|
|
23
Vanguard Morningstar Total Stock Market ETF
VTI
$697B
| $53.7M | 0.74% |
550,786
+45,770
| +9% | +$4.38M |
2013 Q2
3 quarters
|
|
24
Vanguard Morningstar Growth ETF
VUG
$227B
| $51.2M | 0.71% |
3,286,974
+220,632
| +7% | +$3.42M |
2013 Q2
3 quarters
|
|
25
iShares Russell Mid-Cap Value ETF
IWS
$15.9B
| $50.6M | 0.7% |
736,639
+62,563
| +9% | +$4.16M |
2013 Q2
3 quarters
|
|
Similar funds
Commonwealth Equity Services's Q1 2014 Portfolio in Review
As of Q1 2014, Commonwealth Equity Services held 2,099 positions worth $7.24B, up 5.2% from $6.89B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Commonwealth Equity Services deployed $253M of net new capital in Q1 2014, opening 174 new positions and adding to 1,076 existing holdings. Its largest new stake was Fidelity MSCI Materials Index ETF: 238,242 shares worth $6.46M.
By sector, the portfolio is most concentrated in Miscellaneous at 51% of assets, up from 50% a quarter earlier, followed by Energy and Technology.
On the sell side, the largest reduction was Vanguard Consumer Staples ETF, an estimated $9.9M trimmed.
- Commonwealth Equity Services's largest Q1 2014 buy was Fidelity MSCI Materials Index ETF: 238,242 shares worth $6.46M.
- Commonwealth Equity Services added most to Vanguard FTSE Developed Markets ETF in Q1 2014, an estimated $21.2M increase.
- Commonwealth Equity Services's biggest Q1 2014 reduction was Vanguard Consumer Staples ETF, cutting an estimated $9.9M.
- Commonwealth Equity Services fully exited COLE REAL ESTATE INVESTMENTS, INC COM in Q1 2014, selling an estimated $10.4M.
- Commonwealth Equity Services's ten largest holdings make up 18% of its $7.24B portfolio in Q1 2014.
- Commonwealth Equity Services opened 174 new positions and closed 108 in Q1 2014.
- Commonwealth Equity Services's portfolio value rose 5.2% quarter-over-quarter to $7.24B.
Based on Commonwealth Equity Services's 13F filing for Q1 2014, filed 7 May 2014.