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Commonwealth Equity Services Portfolio holdings
AUM
$77B
Turnover
10.05%
1-Year Est. Return
19.24%
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
-3.44%
1 Year Est. Return
+19.24%
3 Year Est. Return
+87.41%
5 Year Est. Return
+91.79%
10 Year Est. Return
+275.28%
AUM
$48.3B
AUM Growth
-$893M
(-1.8%)
Cap. Flow
+$1.08B
Cap. Flow % of AUM
Cap. Flow %
2.24%
Top 10 Holdings %
Top 10 Hldgs %
18.23%
Holding
3,996
New
164
Increased
1,895
Reduced
1,606
Closed
170
Avg Time Held
5.2
years
Top 10 Avg Time Held
6.2
years
Top 20 Avg Time Held
6.1
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell Top 200 Growth ETF
IWY
|
+$98.2M |
| 2 |
Capital Group Growth ETF
CGGR
|
+$90.7M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$76.9M |
| 4 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$48.7M |
| 5 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$45M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares S&P Mid-Cap 400 Value ETF
IJJ
|
+$28.7M |
| 2 |
iShares 1-3 Year Treasury Bond ETF
SHY
|
+$24.6M |
| 3 |
iShares 0-5 Year TIPS Bond ETF
STIP
|
+$21.8M |
| 4 |
iShares Core Dividend Growth ETF
DGRO
|
+$19.9M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$19.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 60.6% |
| 2 | Technology | 11.15% |
| 3 | Financials | 5.4% |
| 4 | Healthcare | 4.51% |
| 5 | Consumer Discretionary | 4.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$5.2T
| $2.06B | 4.26% |
12,016,904
-79,218
| -0.7% | -$14.5M |
2013 Q2
41 quarters
|
|
|
2
iShares Core S&P 500 ETF
IVV
$873B
| $1.17B | 2.43% |
2,734,631
+171,990
| +7% | +$76.9M |
2013 Q2
41 quarters
|
|
3
Microsoft
MSFT
$3.9T
| $1.06B | 2.19% |
3,352,422
+32,218
| +1% | +$10.6M |
2013 Q2
41 quarters
|
|
4
Invesco QQQ Trust
QQQ
$461B
| $828M | 1.72% |
2,312,133
+114,095
| +5% | +$42.3M |
2013 Q2
41 quarters
|
|
5
State Street SPDR S&P 500 ETF Trust
SPY
$799B
| $763M | 1.58% |
1,783,905
+46,692
| +3% | +$20.8M |
2013 Q2
41 quarters
|
|
6
Amazon
AMZN
$2.87T
| $654M | 1.35% |
5,141,822
-67,335
| -1% | -$9.02M |
2013 Q2
41 quarters
|
|
|
7
Vanguard FTSE Developed Markets ETF
VEA
$229B
| $648M | 1.34% |
14,820,071
+982,883
| +7% | +$45M |
2013 Q2
41 quarters
|
|
8
iShares Russell 1000 Growth ETF
IWF
$117B
| $550M | 1.14% |
8,265,992
-81,768
| -1% | -$5.65M |
2013 Q2
41 quarters
|
|
9
Berkshire Hathaway Class B
BRK.B
$1.26T
| $546M | 1.13% |
1,558,698
+46,400
| +3% | +$16.5M |
2013 Q2
41 quarters
|
|
10
NVIDIA
NVDA
$3.92T
| $521M | 1.08% |
11,966,690
-283,440
| -2% | -$12.7M |
2013 Q2
41 quarters
|
|
11
Vanguard Morningstar Total Stock Market ETF
VTI
$688B
| $506M | 1.05% |
2,382,758
+30,883
| +1% | +$6.84M |
2013 Q2
41 quarters
|
|
12
Vanguard S&P 500 ETF
VOO
$1.04T
| $471M | 0.98% |
1,198,863
+26,753
| +2% | +$10.9M |
2013 Q2
41 quarters
|
|
13
Vanguard Morningstar Growth ETF
VUG
$219B
| $453M | 0.94% |
9,981,846
+285,198
| +3% | +$13.5M |
2013 Q2
41 quarters
|
|
14
Vanguard Morningstar Value ETF
VTV
$197B
| $430M | 0.89% |
3,119,983
+84,384
| +3% | +$12.1M |
2013 Q2
41 quarters
|
|
15
Vanguard Dividend Appreciation ETF
VIG
$118B
| $412M | 0.85% |
2,654,744
+62,212
| +2% | +$10.1M |
2013 Q2
41 quarters
|
|
|
16
iShares Core Dividend Growth ETF
DGRO
$45.8B
| $349M | 0.72% |
7,049,865
-384,435
| -5% | -$19.9M |
2015 Q1
34 quarters
|
|
17
iShares Core S&P Small-Cap ETF
IJR
$106B
| $334M | 0.69% |
3,541,445
-178,868
| -5% | -$17.9M |
2013 Q2
41 quarters
|
|
18
Alphabet (Google) Class A
GOOGL
$3.63T
| $331M | 0.69% |
2,528,818
+45,323
| +2% | +$5.86M |
2015 Q4
31 quarters
|
|
19
Schwab US Dividend Equity ETF
SCHD
$123B
| $313M | 0.65% |
13,268,421
+1,046,130
| +9% | +$25.7M |
2014 Q1
38 quarters
|
|
20
iShares Russell 1000 Value ETF
IWD
$84.8B
| $311M | 0.65% |
2,051,106
-12,578
| -0.6% | -$1.99M |
2013 Q2
41 quarters
|
|
21
iShares Core S&P Mid-Cap ETF
IJH
$124B
| $309M | 0.64% |
6,189,955
+416,530
| +7% | +$21.8M |
2013 Q2
41 quarters
|
|
22
ExxonMobil
XOM
$693B
| $281M | 0.58% |
2,386,634
-33,984
| -1% | -$3.73M |
2013 Q2
41 quarters
|
|
23
Johnson & Johnson
JNJ
$689B
| $280M | 0.58% |
1,797,802
-69,065
| -4% | -$11.4M |
2013 Q2
41 quarters
|
|
24
U.S. Core Equity 2 Portfolio ETF Class Shares
DFAC
$48.8B
| $265M | 0.55% |
10,124,499
+317,304
| +3% | +$8.66M |
2021 Q2
9 quarters
|
|
25
JPMorgan Chase
JPM
$915B
| $264M | 0.55% |
1,820,042
+54,969
| +3% | +$8.24M |
2013 Q2
41 quarters
|
|
Similar funds
Commonwealth Equity Services's Q3 2023 Portfolio in Review
As of Q3 2023, Commonwealth Equity Services held 3,996 positions worth $48.3B, down 1.8% from $49.2B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Commonwealth Equity Services's Q3 2023 filing shows 164 new, 1,895 increased, 1,606 reduced and 170 closed positions. Its largest new stake was Innovator Equity Defined Protection ETF - 2 Yr to July 2027: 769,999 shares worth $18.8M. The largest sale was iShares S&P Mid-Cap 400 Value ETF, an estimated $28.7M.
By sector, the portfolio is most concentrated in Miscellaneous at 61% of assets, up from 60% a quarter earlier, followed by Technology and Financials.
- Commonwealth Equity Services's largest Q3 2023 buy was Innovator Equity Defined Protection ETF - 2 Yr to July 2027: 769,999 shares worth $18.8M.
- Commonwealth Equity Services added most to iShares Russell Top 200 Growth ETF in Q3 2023, an estimated $98.2M increase.
- Commonwealth Equity Services's biggest Q3 2023 reduction was iShares S&P Mid-Cap 400 Value ETF, cutting an estimated $28.7M.
- Commonwealth Equity Services fully exited Magellan Midstream Partners, L.P. in Q3 2023, selling an estimated $5.46M.
- Commonwealth Equity Services's ten largest holdings make up 18% of its $48.3B portfolio in Q3 2023.
- Commonwealth Equity Services opened 164 new positions and closed 170 in Q3 2023.
- Commonwealth Equity Services's portfolio value fell 1.8% quarter-over-quarter to $48.3B.
Based on Commonwealth Equity Services's 13F filing for Q3 2023, filed 23 Oct 2023.