Institutional Manager · CIK 0001536755

Commonwealth Financial Services, LLC

VIENNA, WV · File #028-16359

Latest AUM

$606.3M

Positions

236

Top-10 Concentration

51.0%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
NEW	ISHARES TR	464288653	+208,870	+$21.2M	$0
EXITED	FIRST TR EXCHANGE-TRADED FD	33738D838	-1,032,853	-$21.1M	$0
EXITED	ISHARES TR	46435U168	-108,679	-$2.5M	$0
NEW	SPDR SERIES TRUST	78464A870	+19,708	+$2.4M	$0
ADD	EA SERIES TRUST	02072L409	+22,725	+$1.5M	+$217,805
NEW	FIRST TR EXCHNG TRADED FD VI	33740U406	+28,772	+$1.3M	$0
ADD	SPDR S&P 500 ETF TR	SPY	+1,604	+$1.1M	+$1.1M
ADD	FIRST TR EXCHNG TRADED FD VI	33740F839	+20,557	+$1.0M	+$9,918
REDUCE	EA SERIES TRUST	02072L565	-7,552	-$869,235	+$56,715
NEW	ARK ETF TR	00214Q302	+28,765	+$833,322	$0

Sector Allocation

8.2%$49.8M

6.2%$37.4M

1.3%$7.8M

1.2%$7.1M

Consumer Discretionary

1.1%$6.8M

Consumer Staples

0.7%$4.4M

Energy

0.6%$3.8M

Communication Services

0.4%$2.5M

Utilities

0.1%$427,418

Materials

0.1%$402,852

Filing History

Feb 6, 202613F HOLDINGS REPORTQ/E Dec 2025236 pos · $606.3M
Oct 21, 202513F HOLDINGS REPORTQ/E Sep 2025229 pos · $584.4M
Jul 25, 202513F HOLDINGS REPORTQ/E Jun 2025215 pos · $519.4M
May 9, 202513F HOLDINGS REPORTQ/E Mar 2025200 pos · $488.3M
Jan 27, 202513F HOLDINGS REPORTQ/E Dec 2024192 pos · $510.2M
Oct 22, 202413F HOLDINGS REPORTQ/E Sep 2024194 pos · $506.4M
Aug 13, 202413F HOLDINGS REPORTQ/E Jun 2024191 pos · $487.2M
May 14, 202413F HOLDINGS REPORTQ/E Mar 2024185 pos · $424.4M
Nov 13, 202313F HOLDINGS REPORTQ/E Dec 2023189 pos · $336.2M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SPDR S&P 500 ETF TR	SPY	72,220	$49.2M	9.83%
2	INVESCO QQQ TR	IVZ	55,348	$34.0M	6.79%
3	FIRST TR EXCHNG TRADED FD VI	33740F805	725,386	$32.1M	6.42%
4	FIRST TR EXCHNG TRADED FD VI	33740F144	811,229	$28.8M	5.76%
5	ISHARES TR	464287200	37,683	$25.8M	5.15%
6	ISHARES TR	464288653	208,870	$21.2M	4.24%
7	EA SERIES TRUST	02072L409	278,143	$18.2M	3.62%
8	FIRST TR EXCHNG TRADED FD VI	33740F888	709,775	$17.9M	3.57%
9	EA SERIES TRUST	02072L607	306,855	$15.7M	3.14%
10	FIDELITY COMWLTH TR	315912808	136,438	$12.5M	2.49%
11	NVIDIA CORPORATION	NVDA	66,491	$12.4M	2.47%
12	ISHARES TR	46435UAA9	434,627	$10.6M	2.11%
13	ISHARES TR	46435U515	403,169	$10.3M	2.05%
14	ISHARES TR	46436E205	432,826	$10.1M	2.02%
15	PACER FDS TR	69374H873	252,238	$9.8M	1.95%
16	ISHARES TR	46436E726	439,182	$9.7M	1.93%
17	MICROSOFT CORP	MSFT	19,793	$9.6M	1.91%
18	J P MORGAN EXCHANGE TRADED F	46641Q167	132,576	$9.5M	1.90%
19	ISHARES TR	46432F842	105,824	$9.5M	1.89%
20	FIRST TR EXCHANGE-TRADED FD	33733E732	544,972	$9.3M	1.85%