Commonwealth Financial Services, LLC
Long book
$631.7M
Q1 2026
Positions
278
Top-10 weight
42%
concentration
Last quarter
+10.6%
SPY +14.8%
Turnover
24%
of book per quarter
Strategy in plain words
auto-generated from filingsCommonwealth Financial Services, LLC is a wealth-management firm allocating client money, running a $631.7M US long book across 278 positions.
The portfolio is moderately concentrated (top 10 ≈ 42% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: SS SPDR S&P 500 ETF TRUST-US, FT VEST US EQUITY MODERATE B, FIRST TRUST SMITH OPPORTUNIS, INVESCO QQQ TRUST SERIES 1, ISHARES CORE S&P 500 ETF.
Over the last 9 quarters its long book ran on average 1pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.1%
Q2 2024
+5.1%
Q3 2024
+0.4%
Q4 2024
-2.4%
Q1 2025
+8.5%
Q2 2025
+5.9%
Q3 2025
+2.3%
Q4 2025
-1.2%
Q1 2026
+10.6%
Sector allocation
Technology 36%
Financials 13%
Consumer discretionary 13%
Industrials 11%
Healthcare 7%
Energy 5%
Utilities 4%
Services media 4%
Long book by quarter
What does Commonwealth Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 70.4K | $12.3M | 1.9% | +5.8% |
| AAPL APPLE INC | Technology | 25.0K | $6.3M | 1.0% | +12.3% |
| MSFT MICROSOFT CORP | Technology | 16.3K | $6.0M | 1.0% | -17.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 20.0K | $4.2M | 0.7% | +14.8% |
| JPM JPMORGAN CHASE & CO | Financials | 14.0K | $4.1M | 0.6% | -10.0% |
| XOM EXXON MOBIL CORP | Energy | 21.0K | $3.6M | 0.6% | +4.9% |
| WMT WALMART INC | Consumer discretionary | 26.4K | $3.3M | 0.5% | +5.4% |
| GOOGL ALPHABET INC-CL A | Technology | 10.8K | $3.1M | 0.5% | +0.9% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 3.1K | $3.0M | 0.5% | +2.0% |
| AVGO BROADCOM INC | Technology | 9.1K | $2.8M | 0.4% | +4.5% |
| AEP AMERICAN ELECTRIC POWER | Utilities | 20.0K | $2.6M | 0.4% | +2.9% |
| LMT LOCKHEED MARTIN CORP | Industrials | 4.1K | $2.5M | 0.4% | +1.1% |
| PG PROCTER & GAMBLE CO/THE | Other | 14.6K | $2.1M | 0.3% | +3.4% |
| CSCO CISCO SYSTEMS INC | Technology | 25.0K | $1.9M | 0.3% | +15.8% |
| META META PLATFORMS INC-CLASS A | Technology | 3.3K | $1.9M | 0.3% | +8.3% |
| UBSI UNITED BANKSHARES INC | Financials | 40.8K | $1.7M | 0.3% | +3.2% |
| CVX CHEVRON CORP | Energy | 7.1K | $1.5M | 0.2% | +16.3% |
| ABBV ABBVIE INC | Healthcare | 6.7K | $1.5M | 0.2% | +1.7% |
| UBCP UNITED BANCORP INC/OHIO | Financials | 87.4K | $1.3M | 0.2% | +1.1% |
| GOOG ALPHABET INC-CL C | Technology | 4.2K | $1.2M | 0.2% | +12.2% |
| PFE PFIZER INC | Healthcare | 42.6K | $1.2M | 0.2% | +9.5% |
| JNJ JOHNSON & JOHNSON | Healthcare | 4.8K | $1.2M | 0.2% | -3.3% |
| KO COCA-COLA CO/THE | Consumer staples | 15.4K | $1.2M | 0.2% | +3.3% |
| CSX CSX CORP | Industrials | 28.4K | $1.2M | 0.2% | +5.3% |
| PPG PPG INDUSTRIES INC | Other | 10.8K | $1.2M | 0.2% | -3.5% |
| T AT&T INC | Communications | 39.6K | $1.1M | 0.2% | +4.8% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 863 | $1.1M | 0.2% | +37.9% |
| V VISA INC-CLASS A SHARES | Services media | 3.6K | $1.1M | 0.2% | +6.5% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 2.3K | $1.1M | 0.2% | +2.6% |
| LLY ELI LILLY & CO | Healthcare | 1.0K | $965K | 0.2% | +1.2% |
| CAT CATERPILLAR INC | Industrials | 1.3K | $926K | 0.1% | +20.0% |
| MRK MERCK & CO. INC. | Healthcare | 7.5K | $906K | 0.1% | +0.3% |
| PWR QUANTA SERVICES INC | Industrials | 1.5K | $800K | 0.1% | -2.3% |
| HD HOME DEPOT INC | Consumer discretionary | 2.3K | $769K | 0.1% | +10.2% |
| PEBO PEOPLES BANCORP INC | Financials | 23.2K | $761K | 0.1% | -19.4% |
| MU MICRON TECHNOLOGY INC | Technology | 2.1K | $718K | 0.1% | +10.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 7, 2026 | 278 | $631.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 236 | $606.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 21, 2025 | 229 | $584.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 25, 2025 | 215 | $519.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 200 | $488.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 27, 2025 | 192 | $510.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 22, 2024 | 194 | $506.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 191 | $487.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 185 | $424.4M | canonical | SEC ↗ |