COMMONWEALTH EQUITY SERVICES, LLCCOMMONWEALTH EQUITY SERVICES, LLC

Institutional investor · Portfolio as of Q3 2019

SEC EDGAR SourceSEC Filings

Top Holdings2,837 positions

Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction

APPLE INC

3.1M$683.3M2.9%$45.41+15.80%
3 qtrssince 2019-Q1
Increased
55
VEAVEA
ETF

VANGUARD TAX-MANAGED FDS

12.3M$507.2M2.2%$33.07+1.87%
3 qtrssince 2019-Q1
Increased
54
IVVIVV
ETF

iShares Trust CORE S&P500 ETF

1.4M$426.4M1.8%$255.79+5.37%
3 qtrssince 2019-Q1
Increased
49
IWFIWF
ETF

iShares Trust RUS 1000 GRW ETF

2.3M$365.8M1.6%$144.39+5.28%
3 qtrssince 2019-Q1
Decreased
0
SPYSPY
Unit

State Street Spdr S&p 500 Etf Trust TR UNIT

1.2M$356.5M1.5%$255.67+5.36%
3 qtrssince 2019-Q1
Increased
51
IWDIWD
ETF

ISHARES TR

2.4M$311.5M1.3%$107.08+4.87%
3 qtrssince 2019-Q1
Decreased
0
USMVUSMV
ETF

ISHARES TR

4.8M$306.1M1.3%$53.82+6.41%
3 qtrssince 2019-Q1
Increased
63
VTIVTI
ETF

VANGUARD INDEX FDS

1.9M$292.8M1.2%$130.75+4.69%
3 qtrssince 2019-Q1
Decreased
0

MICROSOFT CORP

2M$284.6M1.2%$111.75+16.62%
3 qtrssince 2019-Q1
Increased
50

AMAZON COM INC

163,927$284.6M1.2%$88.96-3.02%
3 qtrssince 2019-Q1
Increased
51
QQQQQQ
Unit

Invesco QQQ Trust, Series 1 UNIT SER 1

1.4M$270.7M1.2%$172.44+4.43%
3 qtrssince 2019-Q1
Decreased
0

BERKSHIRE HATHAWAY INC DEL

1.3M$260.7M1.1%$201.05+3.19%
3 qtrssince 2019-Q1
Decreased
0
VIGVIG
ETF

VANGUARD SPECIALIZED FUNDS

1.9M$227.7M1.0%$97.49+8.57%
3 qtrssince 2019-Q1
Increased
46
IJRIJR
ETF

ISHARES TR

2.9M$226.4M1.0%$69.35+1.51%
3 qtrssince 2019-Q1
Decreased
0
VTVVTV
ETF

VANGUARD INDEX FDS

1.9M$207.4M0.9%$90.93+4.50%
3 qtrssince 2019-Q1
Increased
44
VUGVUG
ETF

Vanguard Index Funds GROWTH ETF

1.2M$206.1M0.9%$149.92+5.96%
3 qtrssince 2019-Q1
Increased
44
IWSIWS
ETF

ISHARES TR

2.3M$205.8M0.9%$76.75+3.92%
3 qtrssince 2019-Q1
Increased
43

AT&T INC

5.3M$198.7M0.8%$14.71+22.09%
3 qtrssince 2019-Q1
Increased
46

VERIZON COMMUNICATIONS INC

3.2M$190.3M0.8%$40.08+3.92%
3 qtrssince 2019-Q1
Increased
46
IWPIWP
ETF

iShares Trust RUS MD CP GR ETF

1.3M$189.5M0.8%$65.54+3.72%
3 qtrssince 2019-Q1
Decreased
0
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$23.4B
AUM
2,837
Positions
Q3 2019
Filing
Rating · 5.0
Quarterly Portfolio Change
+5%Q2'19$22.7B+3%Q3'19$23.4B
Activity profile
$ moved · Q3'19
New4%Increased63%Decreased29%Exited3%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 2.0 quarters
<1Q5%1-4Q93%1-2Y0%2Y+2%

COMMONWEALTH EQUITY SERVICES, LLC manages $23.4B across 2837 positions as of Q3 2019. Top holdings: AAPL (2.9%), VEA (2.2%), IVV (1.8%). Fund DNA: Balanced Allocator. HoldingsIntel Rating: 5/5.0.

Q3 2019 Summary

Active quarter - 166 new positions, 102 exits, 1481 increased. Top move: USMV (INCREASED, conviction 63). Portfolio: $23.4B across 2837 positions.

Top holdings by portfolio weight

Total AUM$23B
AAPL2.92%
VEA2.16%
IVV1.82%
IWF1.56%
SPY1.52%
IWD1.33%
USMV1.31%
VTI1.25%
MSFT1.21%
AMZN1.21%
Other1.15%

Portfolio allocation by GICS sector

Sectors11
Unknown61.01%
Technology7.38%
Financial Services5.89%
Healthcare4.41%
Consumer Defensive3.84%
Communication Services3.78%
Consumer Cyclical3.77%
Industrials3.40%
Energy2.07%
Utilities2.03%
Other2.42%

Behavioral investing profile

Balanced Allocator91%- primarily Unknown
Compare DNA across all funds
7-dimension quality assessment
Elite(5.0 / 5.0)
Track Record65
Conviction40
Concentration0
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Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

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