COMMONWEALTH EQUITY SERVICES, LLC
Registered adviserFiling Date
Global Rank
#130
/ 8,818
▼ 7
Top Industry
Semiconductors
12.0%
Period ended 4 months ago
Filed Jul 29, 2026 · 3mo
26 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Registered adviser
Form ADV roster, Oct 1, 2026
Regulatory AUM
$212,660,045,528
Main clients
Individuals and high net worth
(95% of AUM)
Form ADV history
Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Apr 2026 to Oct 2026 | $212,660,045,528 | Individuals and high net worth (95%) |
| Apr 2025 to Mar 2026 | $209,735,339,476 | Individuals and high net worth (95%) |
| Apr 2024 to Mar 2025 | $177,031,841,416 | Individuals and high net worth (95%) |
| May 2023 to Mar 2024 | $146,387,007,862 | Individuals and high net worth (95%) |
| Apr 2023 | $146,387,007,862 | Individuals and high net worth (95%) |
| Apr 2022 to Mar 2023 | $161,852,722,626 | Individuals and high net worth (96%) |
3 earlier changes not shown.
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Style
Diversified active
Top 10 weight 37.1%, 30.7 effective positions, active share 54.3% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Low turnover
13.1% over the last four quarters (under 30%)
Horizon
Long horizon
Value-weighted holding period 23.4 quarters (12+), a floor since 75.9% of the book was already held when coverage starts
Closest benchmark: every 13F filer's combined book, active share 54.3%; sector active share 51.8% against the combined 13F book's sector weights.
Over time 26 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
4,342 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
15.1%
−0.1 pts
Top 5
28.8%
+0.1 pts
Top 10
37.1%
−0.0 pts
HHI
325
Diversified−1
Portfolio Trend
26 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 64.7% | $51,080,912,540 |
| Technology | 12.1% | $9,516,218,228 |
| Financial Services | 5.7% | $4,522,965,505 |
| Industrials | 3.5% | $2,764,890,988 |
| Consumer Cyclical | 3.2% | $2,505,984,085 |
| Healthcare | 2.9% | $2,289,616,273 |
| Communication Services | 2.6% | $2,048,854,119 |
| Consumer Defensive | 1.9% | $1,507,287,501 |
| Energy | 1.3% | $1,059,163,450 |
| Utilities | 0.9% | $745,695,830 |
| Basic Materials | 0.6% | $450,821,929 |
| Real Estate | 0.5% | $431,864,633 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| VUG | VANGUARD GROWTH INDEX FUND | +7,561,600 | 9,146,871 | $787,911,467 | |
| IWF | iShares Russell 1000 Growth ETF | +4,995,100 | 6,714,484 | $833,737,478 | |
| NIQ | NIQ Global Intelligence plc | +4,147,612 | 4,185,167 | $39,131,311 | |
| VO | VANGUARD MID-CAP INDEX FUND | +2,923,289 | 3,928,916 | $316,552,762 | |
| — | +2,552,201 | 3,178,190 | $87,114,187 | ||
| ACYN | First Trust Exchange-Traded Fund | +1,599,672 | 1,901,359 | $39,529,253 | |
| FFLG | Fidelity Fundamental Large Cap Growth ETF | +1,522,153 | 2,767,865 | $95,989,558 | |
| VGT | VANGUARD INFORMATION TECHNOLOGY INDEX FUND | +1,340,727 | 1,534,304 | $183,380,014 | |
| IALT | +1,179,837 | 1,210,835 | $33,963,921 | ||
| MGK | VANGUARD MEGA CAP GROWTH INDEX FUND | +734,266 | 922,894 | $81,131,611 | |
| FMDE | Fidelity Enhanced Mid Cap Core ETF | +677,696 | 3,848,941 | $156,190,025 | |
| FELV | Fidelity Enhanced Large Cap Value ETF | +648,003 | 2,652,906 | $106,355,001 | |
| SPTI | State Street(R) SPDR(R) Portfolio Intermediate Term Treasury ETF | +629,754 | 1,256,446 | $35,670,501 | |
| FENI | Fidelity Enhanced International ETF | +619,555 | 6,707,611 | $269,176,429 | |
| FTSM | First Trust Enhanced Short Maturity ETF | +610,363 | 1,247,022 | $74,484,624 | |
| — | +504,226 | 1,081,071 | $60,712,947 | ||
| SPYV | State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF | +483,210 | 2,167,693 | $131,774,057 | |
| FSMB | First Trust Short Duration Managed Municipal ETF | +457,669 | 730,841 | $14,609,511 | |
| BUFY | FT Vest Laddered International Moderate Buffer ETF | +404,920 | 742,624 | $17,383,342 | |
| CGGR | Capital Group Growth ETF | +396,101 | 13,948,665 | $658,376,988 | |
| IDEF | +392,014 | 1,531,597 | $48,674,152 | ||
| PYLD | +366,065 | 2,949,049 | $78,208,779 | ||
| BRIE | MFS Blended Research International Equity ETF | +364,432 | 935,631 | $28,368,331 | |
| FUMB | First Trust Ultra Short Duration Municipal ETF | +354,856 | 646,309 | $12,964,958 | |
| RECS | Columbia Research Enhanced Core ETF | +350,326 | 3,608,748 | $156,186,613 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| FIIG | First Trust Intermediate Duration Investment Grade Corporate ETF | −1,381,995 | 474,617 | $9,829,318 | |
| BARK | Bark, Inc. | −720,153 | 36,539 | $364,659 | |
| SHYG | iShares 0-5 Year High Yield Corporate Bond ETF | −691,766 | 1,916,056 | $81,259,934 | |
| FSK | FS KKR Capital Corp | −625,082 | 1,928,826 | $20,252,673 | |
| PGX | Invesco Ltd. | −546,204 | 585,174 | $6,343,286 | |
| IJH | iShares Core S&P Mid-Cap ETF | −544,463 | 4,313,184 | $332,589,618 | |
| VZ | Verizon Communications Inc | −519,012 | 3,017,653 | $127,767,428 | |
| NVDA | Nvidia Corp | −482,363 | 8,601,787 | $1,721,131,560 | |
| JEPI | JPMorgan Equity Premium Income ETF | −451,482 | 3,912,766 | $220,993,023 | |
| BUFR | FT Vest Laddered Buffer ETF | −432,074 | 9,477,811 | $346,224,435 | |
| AAPL | Apple Inc. | −427,457 | 8,527,911 | $2,467,636,326 | |
| YJUN | FT Vest International Equity Moderate Buffer ETF - June | −397,962 | 169,766 | $4,549,728 | |
| EFV | iShares MSCI EAFE Value ETF | −390,494 | 1,086,906 | $83,202,654 | |
| DDNQ | −368,001 | 209,058 | $4,327,500 | ||
| TBJL | −334,807 | 28,284 | $561,013 | ||
| QUAL | iShares MSCI USA Quality Factor ETF | −331,109 | 1,008,946 | $221,393,020 | |
| OKE | Oneok Inc | −330,034 | 379,502 | $32,993,903 | |
| IEMG | iShares Trust | −326,669 | 2,291,073 | $189,792,487 | |
| IAGG | iShares Core International Aggregate Bond ETF | −317,037 | 1,813,439 | $91,760,013 | |
| POCT | −299,348 | 435,826 | $20,226,684 | ||
| SPLV | Invesco S&P 500 Low Volatility ETF | −287,990 | 836,710 | $62,669,579 | |
| FNDE | Schwab Fundamental Emerging Markets Equity ETF | −284,776 | 160,777 | $6,379,631 | |
| UCON | First Trust Smith Unconstrained Bond ETF | −284,660 | 833,938 | $20,748,377 | |
| OCTU | AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF | −275,484 | 171,860 | $5,227,981 | |
| SPAB | State Street(R) SPDR(R) Portfolio Aggregate Bond ETF | −273,743 | 206,190 | $5,261,968 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SPCX | Space Exploration Technologies Corp | 238,120 | $40,685,183 | |
| HONA | Honeywell Aerospace Inc. | 136,286 | $30,130,108 | |
| GGOV | 373,011 | $18,758,723 | ||
| ACYS | FT Vest Laddered Autocallable Barrier & Resilient Income ETF | 788,183 | $16,189,278 | |
| DDFZ | 581,776 | $11,280,636 | ||
| FDXF | FedEx Freight Holding Company, Inc. | 54,977 | $8,301,527 | |
| SECU | 139,892 | $6,975,015 | ||
| DDTZ | 284,399 | $5,505,964 | ||
| FLTW | Franklin FTSE Taiwan ETF | 44,020 | $4,645,430 | |
| CPAI | Northern Lights Fund Trust III | 84,153 | $4,372,589 | |
| EBUF | 127,094 | $4,047,943 | ||
| — | 228,896 | $3,959,900 | ||
| IGBH | iShares Interest Rate Hedged Long-Term Corporate Bond ETF | 157,880 | $3,880,690 | |
| FLSP | Franklin Systematic Style Premia ETF | 103,758 | $2,873,059 | |
| DDTY | 138,237 | $2,795,152 | ||
| DDFY | 137,555 | $2,755,226 | ||
| MFM | Aberdeen Municipal Income Fund | 460,275 | $2,586,745 | |
| AIS | VistaShares Artificial Intelligence Supercycle ETF | 29,395 | $2,507,687 | |
| JTNY | JPMorgan New York Tax Free Bond ETF | 48,871 | $2,452,346 | |
| NASA | Tema Etfs LLC | 66,036 | $2,006,173 | |
| DDFA | 98,995 | $1,999,699 | ||
| BRIF | NEOS ETF Trust | 53,704 | $1,996,607 | |
| FLUD | Franklin Ultra Short Bond ETF | 68,774 | $1,721,757 | |
| FCEL | Fuelcell Energy Inc | 44,434 | $1,600,068 | |
| RJDI | RJ Eagle GCM Dividend Select Income ETF | 52,612 | $1,542,583 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CLSE | Convergence Long/Short Equity ETF | 279,950 | $7,877,793 | |
| — | 125,316 | $4,403,620 | ||
| DAX | Global X DAX Germany ETF | 89,354 | $3,767,164 | |
| GVIP | Goldman Sachs Hedge Industry VIP ETF | 23,877 | $3,479,547 | |
| — | 38,480 | $2,908,728 | ||
| CXE | Mfs High Income Municipal Trust | 665,235 | $2,468,020 | |
| NXJ | NUVEEN NEW JERSEY QUALITY MUNICIPAL INCOME FUND | 178,412 | $2,194,460 | |
| QARP | Xtrackers Russell 1000 US Quality at a Reasonable Price ETF | 28,343 | $1,671,896 | |
| GMF | State Street(R) SPDR(R) S&P(R) Emerging Asia Pacific ETF | 10,405 | $1,416,536 | |
| IBUY | Amplify Online Retail ETF | 21,966 | $1,373,226 | |
| NQP | NUVEEN PENNSYLVANIA QUALITY MUNICIPAL INCOME FUND | 114,890 | $1,370,640 | |
| FBNC | First Bancorp | 23,478 | $1,322,985 | |
| ALG | Alamo Group Inc | 7,537 | $1,243,378 | |
| — | 57,754 | $1,206,485 | ||
| SPTU | State Street SPDR Portfolio Ultra Short T-Bill ETF | 43,380 | $1,088,187 | |
| — | 32,396 | $1,048,658 | ||
| PEGA | Pegasystems Inc | 23,316 | $992,328 | |
| FHB | First Hawaiian, Inc. | 38,914 | $958,840 | |
| TCV | Towle Value ETF | 33,943 | $941,375 | |
| MSBI | Midland States Bancorp, Inc. | 40,859 | $911,564 | |
| MCR | Mfs Charter Income Trust | 135,913 | $823,634 | |
| FUTU | Futu Holdings Ltd | 5,949 | $813,585 | |
| ILOW | AB International Low Volatility Equity ETF | 18,904 | $806,444 | |
| FOX | Fox Corp | 14,817 | $786,782 | |
| MLPI | NEOS MLP & Energy Infrastructure High Income ETF | 13,708 | $776,284 | |
| No positions match the current search. | ||||
4,342 tracked positions ·
$78,924,275,081 total
· filing declares
4,415 positions · $79,521,552,340
· as of Jun 30, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 4,342 positions by value
· page 1 of 87
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AAPL |
Apple Inc.
Technology
|
Reduced | 8,527,911 | $2,467,636,326 | 3.13% | |
| IVV |
iShares Core S&P 500 ETF
|
Added | 2,667,178 | $1,997,422,932 | 2.53% | |
| NVDA |
Nvidia Corp
Technology
|
Reduced | 8,601,787 | $1,721,131,560 | 2.18% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Reduced | 1,663,168 | $1,224,756,915 | 1.55% | |
| VEA |
Vanguard FTSE Developed Markets ETF
|
Reduced | 16,668,145 | $1,187,605,331 | 1.50% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Reduced | 1,485,119 | $1,109,042,315 | 1.41% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 2,877,386 | $1,073,322,525 | 1.36% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 4,122,704 | $982,605,271 | 1.24% | |
| VOO |
VANGUARD 500 INDEX FUND
|
Reduced | 1,315,456 | $903,468,335 | 1.14% | |
| IWF |
iShares Russell 1000 Growth ETF
|
Added | 6,714,484 | $833,737,478 | 1.06% | |
| VUG |
VANGUARD GROWTH INDEX FUND
|
Added | 9,146,871 | $787,911,467 | 1.00% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 2,048,965 | $732,238,622 | 0.93% | |
| VTI |
VANGUARD TOTAL STOCK MARKET INDEX FUND
|
Reduced | 1,920,318 | $710,594,472 | 0.90% | |
| CGDV |
Capital Group Dividend Value ETF
|
Added | 13,667,917 | $673,554,949 | 0.85% | |
| CGGR |
Capital Group Growth ETF
|
Added | 13,948,665 | $658,376,988 | 0.83% | |
| VTV |
VANGUARD VALUE INDEX FUND
|
Added | 2,722,879 | $593,397,020 | 0.75% | |
| DGRO |
iShares Core Dividend Growth ETF
|
Added | 7,235,888 | $548,407,951 | 0.69% | |
| VIG |
Vanguard Specialized Funds
|
Reduced | 2,302,544 | $544,827,961 | 0.69% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 1,070,077 | $535,455,830 | 0.68% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 1,483,277 | $524,086,262 | 0.66% | |
| RDVY |
First Trust Rising Dividend Achievers ETF
|
Added | 5,668,806 | $459,513,414 | 0.58% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Reduced | 1,338,645 | $438,178,667 | 0.56% | |
| QQQM |
Invesco Ltd.
Financial Services
|
Added | 1,422,385 | $430,939,983 | 0.55% | |
| IVW |
iShares S&P 500 Growth ETF
|
Added | 3,084,786 | $424,250,618 | 0.54% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Added | 344,848 | $413,621,071 | 0.52% | |
| IWD |
iShares Russell 1000 Value ETF
|
Reduced | 1,601,482 | $388,247,281 | 0.49% | |
| DFAC |
Dimensional U.S. Core Equity 2 ETF
|
Added | 8,368,847 | $371,242,052 | 0.47% | |
| IJR |
iShares Core S&P Small-Cap ETF
|
Reduced | 2,474,395 | $366,977,522 | 0.46% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 961,801 | $363,320,327 | 0.46% | |
| VYM |
VANGUARD HIGH DIVIDEND YIELD INDEX FUND
|
Reduced | 2,266,781 | $358,219,401 | 0.45% | |
| VWO |
VANGUARD EMERGING MARKETS STOCK INDEX FUND
|
Reduced | 5,908,901 | $352,702,300 | 0.45% | |
| BUFR |
FT Vest Laddered Buffer ETF
|
Reduced | 9,477,811 | $346,224,435 | 0.44% | |
| DYNF |
iShares U.S. Equity Factor Rotation Active ETF
|
Added | 4,912,649 | $334,109,258 | 0.42% | |
| IJH |
iShares Core S&P Mid-Cap ETF
|
Reduced | 4,313,184 | $332,589,618 | 0.42% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Reduced | 787,760 | $331,331,856 | 0.42% | |
| CAT |
Caterpillar Inc
Industrials
|
Reduced | 309,841 | $329,949,680 | 0.42% | |
|
|
Reduced | 2,218,307 | $324,782,327 | 0.41% | ||
| COST |
Costco Wholesale Corp
Consumer Defensive
|
Reduced | 341,591 | $319,548,132 | 0.40% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 1,249,344 | $317,295,895 | 0.40% | |
| VO |
VANGUARD MID-CAP INDEX FUND
|
Added | 3,928,916 | $316,552,762 | 0.40% | |
| MU |
Micron Technology Inc
Technology
|
Reduced | 271,845 | $313,787,965 | 0.40% | |
| IWS |
iShares Russell Mid-Cap Value ETF
|
Added | 1,868,064 | $307,483,334 | 0.39% | |
| XLK |
State Street(R) Technology Select Sector SPDR(R) ETF
|
Reduced | 1,611,687 | $307,058,607 | 0.39% | |
| SCHD |
Schwab U.S. Dividend Equity ETF
|
Added | 9,607,085 | $304,640,665 | 0.39% | |
| MUB |
iShares National Muni Bond ETF
|
Reduced | 2,808,282 | $302,227,308 | 0.38% | |
| GLD |
Spdr Gold Trust
|
Reduced | 820,221 | $302,153,011 | 0.38% | |
| SPDW |
State Street(R) SPDR(R) Portfolio Developed World ex-US ETF
|
Added | 5,895,171 | $297,057,666 | 0.38% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Reduced | 512,963 | $288,946,928 | 0.37% | |
| VB |
Vanguard Index Funds
|
Reduced | 950,658 | $288,163,452 | 0.37% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Reduced | 2,028,659 | $277,358,258 | 0.35% |
Showing the top 50 of 4,342 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.