Commonwealth Financial Services, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Commonwealth Financial Services, LLC reported 197 stock positions worth $488.0 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 7.4% of the portfolio, followed by First Trust Smith Opportunis (FIXD, 6.5%) and Invesco QQQ Trust Series 1 (QQQ, 5.4%). Compared with Q4 2024, it opened 17 new positions, sold out of 12, added to 72 and reduced 84. The biggest buy was a new position in iShares Ibonds Dec 2031 (IBDW) and the biggest sale iShares Ustechnology ETF (IYW, shares −80%).
- Most Recent 13F
- Q2 2026
- Location
- VIENNA, WV
- CIK
- 0001536755
- Portfolio Value
- $488.0M (Q1 2025)
- SEC Filing
- 0001536755-25-000007 ↗ filed May 9, 2025
Holdings Value
Holdings 197 stocks · $488.0M
| SPY SS SPDR S&P 500 ETF Trust-US | 7.36% | 64,202 | $35.9M | Reduce -1.4% |
| FIXD First Trust Smith Opportunis | 6.53% | 727,360 | $31.9M | Reduce -0.8% |
| QQQ Invesco QQQ Trust Series 1 | 5.38% | 56,005 | $26.3M | Add +4.1% |
| MGOV FT Intermed Govt Oppt ETF | 4.38% | 1,055,457 | $21.4M | Add +1.1% |
| IVV iShares Core S&P 500 ETF | 4.15% | 36,075 | $20.3M | Reduce -4.7% |
| UCON First Trust Smith Unconstrai | 3.62% | 714,275 | $17.7M | Reduce -1.9% |
| QMOM Alpha US Quant Mom ETF | 2.45% | 201,053 | $11.9M | Reduce -25.8% |
| IVW iShares S&P 500 Growth ETF | 2.31% | 121,418 | $11.3M | Reduce -5.3% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 1.92% | 386,537 | $9.3M | Reduce -0.2% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.91% | 368,813 | $9.3M | Reduce -0.3% |
| IBDU iShares Ibonds Dec 2029 Term | 1.91% | 402,169 | $9.3M | Reduce -0.1% |
| FRDM Freedom 100 Emeging MRKT ETF | 1.85% | 257,580 | $9.0M | Add +0.2% |
| IBDV iShares Ibonds Dec 2030 Corp. | 1.84% | 413,334 | $9.0M | Add +0.6% |
| IBDW iShares Ibonds Dec 2031 Corp. | 1.76% | 414,122 | $8.6M | New |
| COWZ Pacer US Cash Cows 100 ETF | 1.70% | 151,829 | $8.3M | Add +7.5% |
| MSFT Microsoft Corp. | 1.66% | 21,615 | $8.1M | Reduce -0.1% |
| IBHG iShares Ibonds 2027 HY Inc. | 1.56% | 341,810 | $7.6M | Reduce -1.0% |
| IBHH iShares Ibonds 2028 TM HY Inc. | 1.53% | 318,926 | $7.5M | Add +1693.8% |
| IBHI iShares Ibonds 2029 TM HY Inc. | 1.45% | 305,633 | $7.1M | Add +3003.2% |
| LMBS First Trust Low Duration Opp | 1.45% | 143,657 | $7.1M | Add +4.6% |
| NVDA Nvidia Corp. | 1.41% | 63,676 | $6.9M | Add +1.5% |
| IWM iShares Russell 2000 ETF | 1.38% | 33,668 | $6.7M | Add +17.6% |
| ONEQ Fidelity Nasdaq Comp Indx | 1.35% | 96,804 | $6.6M | Reduce -26.6% |
| JAVA JPMorgan Active Value ETF | 1.34% | 103,246 | $6.6M | Add +2.0% |
| DJUL FT Vest US Equity Deep Buffe | 1.27% | 152,118 | $6.2M | Reduce -12.5% |
| ICOW Pacer Developed Markets Inte | 1.26% | 195,858 | $6.2M | Add +4.4% |
| FTCS First Trust Capital Strength | 1.26% | 68,388 | $6.1M | New |
| QUAL iShares MSCI USA Quality Fac | 1.25% | 35,747 | $6.1M | Add +10.6% |
| EFG iShares MSCI Eafe Growth ETF | 1.24% | 60,595 | $6.1M | Add +7.2% |
| UXOC FT Useqty Uncapacc ETF - Oct | 1.19% | 201,810 | $5.8M | New |
| RPG Invesco S&P 500 Pure Growth | 1.07% | 137,114 | $5.2M | Add +72.6% |
| AAPL Apple Inc. | 1.02% | 22,382 | $5.0M | Add +6.2% |
| GJAN FT Vest US Equity Moderate B | 0.85% | 110,548 | $4.2M | Reduce -15.2% |
| JPM JPMorgan Chase & Co. | 0.85% | 16,879 | $4.1M | Add +5.2% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.76% | 56,679 | $3.7M | Add +14.7% |
| BOXX Alpha Architect 1-3 MNTH Box | 0.75% | 32,729 | $3.6M | Reduce -20.4% |
| EFA iShares MSCI Eafe ETF | 0.75% | 44,491 | $3.6M | Reduce -6.7% |
| IBHE iShares Ibonds 2025 H/Y Inc. | 0.73% | 152,484 | $3.5M | Reduce -69.8% |
| ARKF ARK Blockchain & Fintech Inn | 0.69% | 101,941 | $3.4M | New |
| AMZN Amazon.com Inc. | 0.62% | 16,008 | $3.0M | Add +7.7% |
| QQQM Invesco Nasdaq 100 ETF | 0.59% | 15,020 | $2.9M | Add +17.7% |
| COST Costco Wholesale Corp. | 0.59% | 3,031 | $2.9M | Reduce -0.1% |
| IBHF iShares Ibond 2026 HY & Inc. | 0.58% | 121,652 | $2.8M | Reduce -71.3% |
| PG The Procter & Gamble Co. | 0.52% | 14,803 | $2.5M | Add +4.0% |
| IYW iShares Ustechnology ETF | 0.46% | 15,984 | $2.2M | Reduce -80.0% |
| XOM Exxon Mobil Corp. | 0.46% | 18,782 | $2.2M | Add +1.4% |
| WMT Walmart Inc. | 0.44% | 24,540 | $2.2M | Reduce -3.6% |
| DAPR FT Vest U.S. Equity Deep Buf | 0.43% | 56,184 | $2.1M | Reduce -3.5% |
| DJAN FT Vest U.S. Equity Deep Buf | 0.42% | 53,739 | $2.0M | Reduce -3.1% |
| DOCT FT Vest U.S. Equity Deep Buf | 0.41% | 52,363 | $2.0M | Reduce -3.1% |
| AEP American Electric Power | 0.41% | 18,304 | $2.0M | Add +0.1% |
| SGOV iShares 0-3 Month Treasury B | 0.38% | 18,554 | $1.9M | Reduce -13.6% |
| LMT Lockheed Martin Corp. | 0.37% | 4,094 | $1.8M | Reduce -0.5% |
| IWP iShares Russell Mid-Cap Grow | 0.37% | 15,360 | $1.8M | Reduce -8.3% |
| IDV iShares International Select | 0.35% | 55,330 | $1.7M | New |
| META Meta Platforms Inc. Class A | 0.34% | 2,912 | $1.7M | Add +16.6% |
| PPG PPG Industries Inc. | 0.34% | 15,005 | $1.6M | Add +0.8% |
| IVE iShares S&P 500 Value ETF | 0.34% | 8,587 | $1.6M | Add +33.1% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.29% | 27,813 | $1.4M | Reduce -1.2% |
| AVGO Broadcom Inc. | 0.28% | 8,037 | $1.3M | Add +3.9% |
| CSCO Cisco Systems Inc. | 0.28% | 21,787 | $1.3M | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 0.28% | 8,686 | $1.3M | Add +14.6% |
| ABBV Abbvie Inc. | 0.27% | 6,227 | $1.3M | Add +7.2% |
| ARKK ARK Innovation ETF | 0.27% | 27,314 | $1.3M | Reduce -45.5% |
| IBDR iShares Ibonds Dec 2026 Term | 0.26% | 51,784 | $1.3M | Reduce -86.9% |
| DAUG FT Vest U.S. Equity Deep Buf | 0.25% | 31,267 | $1.2M | Reduce -4.5% |
| FDL First Trust Morn DVD Lead Inc. | 0.24% | 26,467 | $1.1M | Reduce -0.6% |
| GSLC Goldman Activebeta US LC ETF | 0.23% | 10,399 | $1.1M | Reduce -2.5% |
| ILCB iShares Morningstar U.S. Equ | 0.23% | 14,647 | $1.1M | Add +22.7% |
| UBCP United Bancorp Inc. | 0.23% | 82,462 | $1.1M | Add +1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.22% | 2,015 | $1.1M | Add +44.0% |
| DGRO iShares Core Dividend Growth | 0.22% | 17,156 | $1.1M | Reduce -2.6% |
| XMMO Invesco S&P Midcap Momentum | 0.22% | 9,264 | $1.1M | Reduce -81.7% |
| RFG Invesco S&P Midcap 400 Pure | 0.20% | 22,571 | $989K | Reduce -1.1% |
| T AT&T Inc. | 0.20% | 34,920 | $988K | Add +7.6% |
| V Visa Inc. Class A | 0.20% | 2,770 | $971K | Add +0.6% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.19% | 19,506 | $943K | Add +9.9% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.18% | 11,677 | $900K | Reduce -0.2% |
| IVLU iShares MSCI International V | 0.18% | 29,642 | $898K | New |
| PFE Pfizer Inc. | 0.18% | 34,514 | $875K | Reduce -1.6% |
| SDVY First Trust Smid Cap Rising | 0.17% | 25,338 | $849K | Add +16.9% |
| JNJ Johnson & Johnson | 0.17% | 4,937 | $819K | Add +23.2% |
| KO The Coca-Cola Co. | 0.17% | 11,318 | $811K | Add +1.6% |
| IJR iShares Core S&P Small-Cap E | 0.16% | 7,608 | $796K | Add +19.0% |
| GLD SPDR Gold Shares | 0.16% | 2,710 | $781K | Add +0.7% |
| CSX CSX Corp. | 0.16% | 26,001 | $765K | Reduce -2.3% |
| PEBO Peoples Bancorp Inc. | 0.15% | 25,430 | $754K | Add +9.0% |
| LLY Eli Lilly & Co. | 0.15% | 908 | $750K | Reduce -5.6% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.15% | 14,594 | $742K | Reduce -8.5% |
| CVX Chevron Corp. | 0.15% | 4,424 | $740K | Add +15.8% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.15% | 29,268 | $736K | Reduce -14.3% |
| JMUB JPMorgan Municipal ETF | 0.15% | 14,636 | $732K | Reduce -8.2% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.14% | 8,803 | $690K | No change |
| BLDR Builders Firstsource Inc. | 0.14% | 5,476 | $684K | Reduce -0.1% |
| HD Home Depot Inc. | 0.14% | 1,826 | $669K | Reduce -0.7% |
| FLMB Franklin Municipal Green Bon | 0.13% | 27,776 | $653K | Reduce -11.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.13% | 2,598 | $646K | Add +28.9% |
| PEP Pepsico Inc. | 0.13% | 4,271 | $640K | Add +4.5% |
| MA Mastercard Inc. Class A | 0.13% | 1,136 | $623K | Add +1.2% |
| AMGN Amgen Inc. | 0.13% | 1,975 | $615K | Add +6.2% |
Options reported separately and not counted above: MSFT puts ($251K), WMT puts ($372), CSCO puts ($176).
Portfolio Sells Q4 2024 → Q1 2025
| IYW iShares Ustechnology ETF | Reduce -80.0% | 0.46% | −2.04 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -86.9% | 0.26% | −1.61 |
| IBHE iShares Ibonds 2025 H/Y Inc. | Reduce -69.8% | 0.73% | −1.57 |
| IBHF iShares Ibond 2026 HY & Inc. | Reduce -71.3% | 0.58% | −1.35 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -91.4% | 0.09% | −1.06 |
| XMMO Invesco S&P Midcap Momentum | Reduce -81.7% | 0.22% | −1.01 |
| QMOM Alpha US Quant Mom ETF | Reduce -25.8% | 2.45% | −0.96 |
| ONEQ Fidelity Nasdaq Comp Indx | Reduce -26.6% | 1.35% | −0.61 |
| ARKK ARK Innovation ETF | Reduce -45.5% | 0.27% | −0.29 |
| IJS iShares S&P Small-Cap 600 Va | Sold out | 0.00% | −0.26 |
| IVW iShares S&P 500 Growth ETF | Reduce -5.3% | 2.31% | −0.24 |
| IVV iShares Core S&P 500 ETF | Reduce -4.7% | 4.15% | −0.21 |
| DJUL FT Vest US Equity Deep Buffe | Reduce -12.5% | 1.27% | −0.15 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.15 |
| BOXX Alpha Architect 1-3 MNTH Box | Reduce -20.4% | 0.75% | −0.14 |
| GJAN FT Vest US Equity Moderate B | Reduce -15.2% | 0.85% | −0.13 |
| MSFT Microsoft Corp. | Reduce -0.1% | 1.66% | −0.12 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.4% | 7.36% | −0.12 |
| VNLA Janus Henderson Short Durati | Sold out | 0.00% | −0.10 |
| IJT iShares S&P Small-Cap 600 GR | Sold out | 0.00% | −0.06 |
| HNDL Nasdaq 7 Handl Index ETF | Sold out | 0.00% | −0.05 |
| TGT Target Corp. | Sold out | 0.00% | −0.05 |
| GIS General Mills Inc. | Sold out | 0.00% | −0.05 |
| IWP iShares Russell Mid-Cap Grow | Reduce -8.3% | 0.37% | −0.05 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.04 |
| AXON Axon Enterprise Inc. | Sold out | 0.00% | −0.04 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.04 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.04 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.04 |
| SGOV iShares 0-3 Month Treasury B | Reduce -13.6% | 0.38% | −0.04 |
| TSLA Tesla Inc. | Reduce -13.5% | 0.05% | −0.04 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -34.1% | 0.06% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -3.0% | 0.11% | −0.02 |
| LMT Lockheed Martin Corp. | Reduce -0.5% | 0.37% | −0.02 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -11.0% | 0.10% | −0.02 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -14.3% | 0.15% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -8.0% | 0.11% | −0.02 |
| VLO Valero Energy Corp. | Reduce -33.9% | 0.04% | −0.01 |
| RFG Invesco S&P Midcap 400 Pure | Reduce -1.1% | 0.20% | −0.01 |
| BLDR Builders Firstsource Inc. | Reduce -0.1% | 0.14% | −0.01 |
| FLMB Franklin Municipal Green Bon | Reduce -11.2% | 0.13% | −0.01 |
| CSX CSX Corp. | Reduce -2.3% | 0.16% | −0.01 |
| GFEB FT Vest US Equity Moderate B | Reduce -11.7% | 0.11% | −0.01 |
| WMT Walmart Inc. | Reduce -3.6% | 0.44% | −0.01 |
| ITW Illinois Tool Works | Reduce -11.5% | 0.07% | −0.01 |
| DJAN FT Vest U.S. Equity Deep Buf | Reduce -3.1% | 0.42% | −0.01 |
| JMUB JPMorgan Municipal ETF | Reduce -8.2% | 0.15% | −0.01 |
| JMST JPM Ultra-Short Muni Income | Reduce -8.5% | 0.15% | −0.01 |
| ADBE Adobe Inc. | Reduce -0.7% | 0.05% | −0.01 |
| CL Colgate-Palmolive Co. | Reduce -19.3% | 0.04% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| IBDW iShares Ibonds Dec 2031 Corp. | New | 1.76% | +1.76 |
| IBHH iShares Ibonds 2028 TM HY Inc. | Add +1693.8% | 1.53% | +1.45 |
| IBHI iShares Ibonds 2029 TM HY Inc. | Add +3003.2% | 1.45% | +1.41 |
| FTCS First Trust Capital Strength | New | 1.26% | +1.26 |
| UXOC FT Useqty Uncapacc ETF - Oct | New | 1.19% | +1.19 |
| ARKF ARK Blockchain & Fintech Inn | New | 0.69% | +0.69 |
| RPG Invesco S&P 500 Pure Growth | Add +72.6% | 1.07% | +0.43 |
| IDV iShares International Select | New | 0.35% | +0.35 |
| MGOV FT Intermed Govt Oppt ETF | Add +1.1% | 4.38% | +0.32 |
| FRDM Freedom 100 Emeging MRKT ETF | Add +0.2% | 1.85% | +0.20 |
| ICOW Pacer Developed Markets Inte | Add +4.4% | 1.26% | +0.19 |
| IVLU iShares MSCI International V | New | 0.18% | +0.18 |
| EFG iShares MSCI Eafe Growth ETF | Add +7.2% | 1.24% | +0.17 |
| COWZ Pacer US Cash Cows 100 ETF | Add +7.5% | 1.70% | +0.14 |
| LMBS First Trust Low Duration Opp | Add +4.6% | 1.45% | +0.14 |
| IWM iShares Russell 2000 ETF | Add +17.6% | 1.38% | +0.14 |
| QUAL iShares MSCI USA Quality Fac | Add +10.6% | 1.25% | +0.12 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +0.6% | 1.84% | +0.12 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +14.7% | 0.76% | +0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +44.0% | 0.22% | +0.10 |
| JPM JPMorgan Chase & Co. | Add +5.2% | 0.85% | +0.09 |
| IVE iShares S&P 500 Value ETF | Add +33.1% | 0.34% | +0.09 |
| JAVA JPMorgan Active Value ETF | Add +2.0% | 1.34% | +0.09 |
| AEP American Electric Power | Add +0.1% | 0.41% | +0.08 |
| PLTR Palantir Technologies Inc. Class A | New | 0.08% | +0.08 |
| QQQM Invesco Nasdaq 100 ETF | Add +17.7% | 0.59% | +0.07 |
| XOM Exxon Mobil Corp. | Add +1.4% | 0.46% | +0.07 |
| ABBV Abbvie Inc. | Add +7.2% | 0.27% | +0.07 |
| T AT&T Inc. | Add +7.6% | 0.20% | +0.06 |
| META Meta Platforms Inc. Class A | Add +16.6% | 0.34% | +0.06 |
| JNJ Johnson & Johnson | Add +23.2% | 0.17% | +0.05 |
| PG The Procter & Gamble Co. | Add +4.0% | 0.52% | +0.05 |
| GS Goldman Sachs Group Inc. | New | 0.05% | +0.05 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.05% | +0.05 |
| IAU iShares Gold Trust | New | 0.05% | +0.05 |
| XLE SS Energy Select Sector | New | 0.05% | +0.05 |
| IBM Intl Business Machines Corp. | Add +28.9% | 0.13% | +0.05 |
| NFLX Netflix Inc. | New | 0.05% | +0.05 |
| AMT American Tower Corp. | New | 0.04% | +0.04 |
| VGK Vanguard Ftse Europe ETF | New | 0.04% | +0.04 |
| CVX Chevron Corp. | Add +15.8% | 0.15% | +0.04 |
| RTX RTX Corp. | New | 0.04% | +0.04 |
| PM Philip Morris International | Add +39.6% | 0.09% | +0.04 |
| CCL Carnival Corp. | New | 0.04% | +0.04 |
| ILCB iShares Morningstar U.S. Equ | Add +22.7% | 0.23% | +0.04 |
| SO The Southern Co. | New | 0.04% | +0.04 |
| GLD SPDR Gold Shares | Add +0.7% | 0.16% | +0.03 |
| AMGN Amgen Inc. | Add +6.2% | 0.13% | +0.03 |
| KO The Coca-Cola Co. | Add +1.6% | 0.17% | +0.03 |
| V Visa Inc. Class A | Add +0.6% | 0.20% | +0.03 |
Options Activity Q4 2024 → Q1 2025
| MSFT Microsoft Corp. | put | New | 11,900 | $251K |
| WMT Walmart Inc. | put | New | 12,400 | $372 |
| CSCO Cisco Systems Inc. | put | New | 17,600 | $176 |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 317 | $744.2M | SPY, QQQ, AGG, IVV, GTO |
| Q1 2026 | 278 | $631.7M | SPY, GJAN, FIXD, QQQ, IVV |
| Q4 2025 | 234 | $606.3M | SPY, QQQ, FIXD, UXOC, IVV |
| Q3 2025 | 227 | $584.4M | SPY, QQQ, FIXD, UXOC, IVV |
| Q2 2025 | 212 | $519.3M | SPY, FIXD, QQQ, UXOC, MGOV |
| Q1 2025 | 197 | $488.0M | SPY, FIXD, QQQ, MGOV, IVV |
| Q4 2024 | 192 | $510.2M | SPY, FIXD, QQQ, IVV, MGOV |
| Q3 2024 | 194 | $506.4M | SPY, FIXD, QQQ, IVV, MGOV |
| Q2 2024 | 191 | $487.2M | SPY, FIXD, IVV, QQQ, IYW |
| Q1 2024 | 185 | $424.4M | IVV, SPY, VNLA, QQQ, UCON |