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Commonwealth Equity Services Portfolio holdings
AUM
$79.5B
Turnover
11.02%
1-Year Est. Return
27.1%
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.
This Fund
S&P 500
This Quarter Est. Return
+5.77%
1 Year Est. Return
+27.1%
3 Year Est. Return
+78.53%
5 Year Est. Return
+87.9%
10 Year Est. Return
+281.22%
AUM
$20.9B
AUM Growth
+$1.75B
(+9.2%)
Cap. Flow
+$763M
Cap. Flow % of AUM
Cap. Flow %
3.66%
Top 10 Holdings %
Top 10 Hldgs %
17.82%
Holding
2,931
New
166
Increased
1,433
Reduced
1,079
Closed
143
Avg Time Held
3.2
years
Top 10 Avg Time Held
3.3
years
Top 20 Avg Time Held
3.4
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares National Muni Bond ETF
MUB
|
+$55.6M |
| 2 |
Invesco S&P 500 Equal Weight ETF
RSP
|
+$35.2M |
| 3 |
Invesco Dorsey Wright Momentum ETF
PDP
|
+$29.2M |
| 4 |
Invesco S&P 500 Low Volatility ETF
SPLV
|
+$28.6M |
| 5 |
iShares US Equity Factor ETF
LRGF
|
+$28.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
|
+$55.8M |
| 2 |
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
|
+$11.1M |
| 3 |
VictoryShares Developed Enhanced Volatility Wtd ETF
CIZ
|
+$10.5M |
| 4 |
iShares Russell 1000 Growth ETF
IWF
|
+$9.44M |
| 5 |
WisdomTree US High Dividend Fund
DHS
|
+$8.08M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 59.17% |
| 2 | Technology | 7.55% |
| 3 | Financials | 6.39% |
| 4 | Healthcare | 5.31% |
| 5 | Industrials | 4.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$5.09T
| $629M | 3.01% |
11,140,412
+126,676
| +1% | +$6.6M |
2013 Q2
21 quarters
|
|
2
Vanguard FTSE Developed Markets ETF
VEA
$231B
| $530M | 2.54% |
12,257,783
+247,886
| +2% | +$10.7M |
2013 Q2
21 quarters
|
|
3
Vanguard Morningstar Total Stock Market ETF
VTI
$697B
| $465M | 2.23% |
3,105,229
+130,115
| +4% | +$19.1M |
2013 Q2
21 quarters
|
|
|
4
iShares Russell 1000 Growth ETF
IWF
$124B
| $378M | 1.81% |
9,684,844
-249,188
| -3% | -$9.44M |
2013 Q2
21 quarters
|
|
5
iShares Core S&P 500 ETF
IVV
$885B
| $349M | 1.67% |
1,192,568
+28,170
| +2% | +$8.08M |
2013 Q2
21 quarters
|
|
6
iShares Russell 1000 Value ETF
IWD
$85.4B
| $310M | 1.48% |
2,445,893
-17,775
| -0.7% | -$2.23M |
2013 Q2
21 quarters
|
|
7
State Street SPDR S&P 500 ETF Trust
SPY
$816B
| $297M | 1.42% |
1,022,350
+28,822
| +3% | +$8.21M |
2013 Q2
21 quarters
|
|
8
Amazon
AMZN
$2.63T
| $255M | 1.22% |
2,550,660
+216,860
| +9% | +$20.4M |
2013 Q2
21 quarters
|
|
9
Invesco QQQ Trust
QQQ
$483B
| $255M | 1.22% |
1,373,787
+27,800
| +2% | +$5.03M |
2013 Q2
21 quarters
|
|
10
Berkshire Hathaway Class B
BRK.B
$1.16T
| $252M | 1.21% |
1,178,182
+67,599
| +6% | +$13.9M |
2013 Q2
21 quarters
|
|
11
iShares Core S&P Small-Cap ETF
IJR
$106B
| $226M | 1.08% |
2,596,111
+134,573
| +5% | +$11.8M |
2013 Q2
21 quarters
|
|
12
Microsoft
MSFT
$3.94T
| $210M | 1% |
1,831,814
+71,551
| +4% | +$7.76M |
2013 Q2
21 quarters
|
|
13
iShares Core S&P Mid-Cap ETF
IJH
$124B
| $192M | 0.92% |
4,772,120
-70,490
| -1% | -$2.83M |
2013 Q2
21 quarters
|
|
14
Vanguard Morningstar Growth ETF
VUG
$227B
| $187M | 0.9% |
6,963,066
+229,464
| +3% | +$6M |
2013 Q2
21 quarters
|
|
15
iShares Russell Mid-Cap Value ETF
IWS
$15.9B
| $187M | 0.89% |
2,070,178
+75,540
| +4% | +$6.84M |
2013 Q2
21 quarters
|
|
16
Johnson & Johnson
JNJ
$662B
| $187M | 0.89% |
1,351,323
+8,646
| +0.6% | +$1.15M |
2013 Q2
21 quarters
|
|
17
ExxonMobil
XOM
$754B
| $185M | 0.89% |
2,179,904
+20,875
| +1% | +$1.71M |
2013 Q2
21 quarters
|
|
18
Vanguard Short-Term Bond ETF
BSV
$45.7B
| $178M | 0.85% |
2,281,970
+72,786
| +3% | +$5.69M |
2013 Q2
21 quarters
|
|
19
iShares Russell Mid-Cap Growth ETF
IWP
$19.2B
| $175M | 0.84% |
2,587,126
+10,914
| +0.4% | +$726K |
2013 Q2
21 quarters
|
|
20
iShares Core MSCI Total International Stock ETF
IXUS
$57.9B
| $165M | 0.79% |
2,731,402
+84,383
| +3% | +$5.08M |
2014 Q4
15 quarters
|
|
21
iShares S&P 500 Growth ETF
IVW
$76.3B
| $163M | 0.78% |
3,672,544
+129,872
| +4% | +$5.58M |
2013 Q2
21 quarters
|
|
22
Vanguard Morningstar Value ETF
VTV
$195B
| $161M | 0.77% |
1,454,467
+57,599
| +4% | +$6.29M |
2013 Q2
21 quarters
|
|
23
Vanguard Dividend Appreciation ETF
VIG
$117B
| $157M | 0.75% |
1,416,652
+64,974
| +5% | +$6.98M |
2013 Q2
21 quarters
|
|
24
iShares Russell 2000 Value ETF
IWN
$14.1B
| $152M | 0.73% |
1,144,458
+10,193
| +0.9% | +$1.37M |
2013 Q2
21 quarters
|
|
25
Vanguard FTSE Emerging Markets ETF
VWO
$120B
| $151M | 0.72% |
3,678,980
+103,736
| +3% | +$4.36M |
2013 Q2
21 quarters
|
|
Similar funds
Commonwealth Equity Services's Q3 2018 Portfolio in Review
As of Q3 2018, Commonwealth Equity Services held 2,931 positions worth $20.9B, up 9.2% from $19.1B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Commonwealth Equity Services deployed $763M of net new capital in Q3 2018, opening 166 new positions and adding to 1,433 existing holdings. Its largest new stake was Evans Bancorp Inc: 72,020 shares worth $3.38M.
By sector, the portfolio is most concentrated in Miscellaneous at 59% of assets, down from 59% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was State Street SPDR Nuveen ICE Municipal Bond ETF, an estimated $55.8M trimmed.
- Commonwealth Equity Services's largest Q3 2018 buy was Evans Bancorp Inc: 72,020 shares worth $3.38M.
- Commonwealth Equity Services added most to iShares National Muni Bond ETF in Q3 2018, an estimated $55.6M increase.
- Commonwealth Equity Services's biggest Q3 2018 reduction was State Street SPDR Nuveen ICE Municipal Bond ETF, cutting an estimated $55.8M.
- Commonwealth Equity Services fully exited iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036 in Q3 2018, selling an estimated $2.66M.
- Commonwealth Equity Services's ten largest holdings make up 18% of its $20.9B portfolio in Q3 2018.
- Commonwealth Equity Services opened 166 new positions and closed 143 in Q3 2018.
- Commonwealth Equity Services's portfolio value rose 9.2% quarter-over-quarter to $20.9B.
Based on Commonwealth Equity Services's 13F filing for Q3 2018, filed 6 Nov 2018.