COMMONWEALTH FINANCIAL SERVICES, LLC

Filed: 10/21/2025ACC: 0001536755-25-000015

📋 What this filing means

COMMONWEALTH FINANCIAL SERVICES, LLC filed this quarterly 13F‑HR report disclosing 227 equity positions with a total reported market value of $584.41M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

227

Positions

$584.41M

Total AUM (reported)

11.03M

Total Shares

Allocation by class

COM$89.63M15.3%

TR UNIT$47.04M8.0%

UNIT SER 1$33.40M5.7%

SMITH OPPORT FXD$31.80M5.4%

FT VEST US EQUIT$27.69M4.7%

CORE S&P500 ETF$24.64M4.2%

INTERMEDIATE GOV$21.14M3.6%

Portfolio Concentration

Top 3$112.24M19.2%

4–10$133.87M22.9%

11–25$135.94M23.3%

Rest$202.36M34.6%

Top 3 weight

19.2%

Top 10 weight

42.1%

Voting Authority Distribution

Total shares with voting rights: 11.03M

Sole

Full voting authority

7.25K

% of voting shares0.1%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

11.03M

% of voting shares99.9%

Investment Discretion (by position count)

Sole227

Shared0

Other0

Dominant voting typeNone · 99.9% of voting shares

Institutional Holdings227

Rows:

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares70.62K

TypeSH

Market value$47.04M

8.05%

Sole

0.00

Shared

0.00

None

70.62K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares55.64K

TypeSH

Market value$33.40M

5.72%

Sole

0.00

Shared

0.00

None

55.64K

FIRST TR EXCHNG TRADED FD VI

SOLE

SMITH OPPORT FXD

Shares715.83K

TypeSH

Market value$31.80M

5.44%

Sole

53.00

Shared

0.00

None

715.77K

FIRST TR EXCHNG TRADED FD VI

SOLE

FT VEST US EQUIT

Shares793.97K

TypeSH

Market value$27.69M

4.74%

Sole

0.00

Shared

0.00

None

793.97K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares36.81K

TypeSH

Market value$24.64M

4.22%

Sole

0.00

Shared

0.00

None

36.81K

FIRST TR EXCHANGE-TRADED FD

SOLE

INTERMEDIATE GOV

Shares1.03M

TypeSH

Market value$21.14M

3.62%

Sole

77.00

Shared

0.00

None

1.03M

FIRST TR EXCHNG TRADED FD VI

SOLE

SMITH UNCONSTRAI

Shares700.01K

TypeSH

Market value$17.63M

3.02%

Sole

52.00

Shared

0.00

None

699.96K

EA SERIES TRUST

SOLE

US QUAN MOMENTUM

Shares255.42K

TypeSH

Market value$16.46M

2.82%

Sole

0.00

Shared

0.00

None

255.42K

EA SERIES TRUST

SOLE

FREEDOM 100 EM

Shares311.75K

TypeSH

Market value$13.81M

2.36%

Sole

0.00

Shared

0.00

None

311.75K

NVIDIA CORPORATION

SOLE

COM

Shares66.97K

TypeSH

Market value$12.49M

2.14%

Sole

3.06K

Shared

0.00

None

63.90K

FIDELITY COMWLTH TR

SOLE

NASDAQ COMPSIT

Shares136.84K

TypeSH

Market value$12.20M

2.09%

Sole

0.00

Shared

0.00

None

136.84K

ISHARES TR

SOLE

IBONDS 27 ETF

Shares417.30K

TypeSH

Market value$10.16M

1.74%

Sole

26.00

Shared

0.00

None

417.27K

MICROSOFT CORP

SOLE

COM

Shares19.47K

TypeSH

Market value$10.08M

1.73%

Sole

212.00

Shared

0.00

None

19.26K

ISHARES TR

SOLE

IBDS DEC28 ETF

Shares386.63K

TypeSH

Market value$9.87M

1.69%

Sole

25.00

Shared

0.00

None

386.61K

ISHARES TR

SOLE

IBONDS DEC 29

Shares416.34K

TypeSH

Market value$9.77M

1.67%

Sole

27.00

Shared

0.00

None

416.31K

ISHARES TR

SOLE

IBONDS DEC 2030

Shares421.78K

TypeSH

Market value$9.34M

1.60%

Sole

29.00

Shared

0.00

None

421.75K

ISHARES TR

SOLE

IBONDS DEC 2031

Shares412.72K

TypeSH

Market value$8.76M

1.50%

Sole

0.00

Shared

0.00

None

412.72K

PACER FDS TR

SOLE

DEVELOPED MRKT

Shares239.56K

TypeSH

Market value$8.72M

1.49%

Sole

0.00

Shared

0.00

None

239.56K

J P MORGAN EXCHANGE TRADED F

SOLE

ACTIVE VALUE ETF

Shares125.38K

TypeSH

Market value$8.65M

1.48%

Sole

0.00

Shared

0.00

None

125.38K

FIRST TR EXCHANGE-TRADED FD

SOLE

WCM INTL EQUITY

Shares508.90K

TypeSH

Market value$8.59M

1.47%

Sole

0.00

Shared

0.00

None

508.90K

ISHARES TR

SOLE

CORE MSCI EAFE

Shares97.76K

TypeSH

Market value$8.54M

1.46%

Sole

0.00

Shared

0.00

None

97.76K

FIRST TR EXCHANGE-TRADED FD

SOLE

CAP STRENGTH ETF

Shares87.55K

TypeSH

Market value$8.20M

1.40%

Sole

0.00

Shared

0.00

None

87.55K

ISHARES TR

SOLE

IBONDS 2027 TERM

Shares347.66K

TypeSH

Market value$7.82M

1.34%

Sole

23.00

Shared

0.00

None

347.64K

ISHARES TR

SOLE

IBONDS 28 TR HI

Shares325.25K

TypeSH

Market value$7.76M

1.33%

Sole

0.00

Shared

0.00

None

325.25K

ISHARES TR

SOLE

IBONDS 29 TR HI

Shares314.05K

TypeSH

Market value$7.49M

1.28%

Sole

0.00

Shared

0.00

None

314.05K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
SPDR S&P 500 ETF TRSOLE	TR UNIT	70.62K	SH	$47.04M 8.05%	0.00	70.62K
INVESCO QQQ TRSOLE	UNIT SER 1	55.64K	SH	$33.40M 5.72%	0.00	55.64K
FIRST TR EXCHNG TRADED FD VISOLE	SMITH OPPORT FXD	715.83K	SH	$31.80M 5.44%	53.00	715.77K
FIRST TR EXCHNG TRADED FD VISOLE	FT VEST US EQUIT	793.97K	SH	$27.69M 4.74%	0.00	793.97K
ISHARES TRSOLE	CORE S&P500 ETF	36.81K	SH	$24.64M 4.22%	0.00	36.81K
FIRST TR EXCHANGE-TRADED FDSOLE	INTERMEDIATE GOV	1.03M	SH	$21.14M 3.62%	77.00	1.03M
FIRST TR EXCHNG TRADED FD VISOLE	SMITH UNCONSTRAI	700.01K	SH	$17.63M 3.02%	52.00	699.96K
EA SERIES TRUSTSOLE	US QUAN MOMENTUM	255.42K	SH	$16.46M 2.82%	0.00	255.42K
EA SERIES TRUSTSOLE	FREEDOM 100 EM	311.75K	SH	$13.81M 2.36%	0.00	311.75K
NVIDIA CORPORATIONSOLE	COM	66.97K	SH	$12.49M 2.14%	3.06K	63.90K
FIDELITY COMWLTH TRSOLE	NASDAQ COMPSIT	136.84K	SH	$12.20M 2.09%	0.00	136.84K
ISHARES TRSOLE	IBONDS 27 ETF	417.30K	SH	$10.16M 1.74%	26.00	417.27K
MICROSOFT CORPSOLE	COM	19.47K	SH	$10.08M 1.73%	212.00	19.26K
ISHARES TRSOLE	IBDS DEC28 ETF	386.63K	SH	$9.87M 1.69%	25.00	386.61K
ISHARES TRSOLE	IBONDS DEC 29	416.34K	SH	$9.77M 1.67%	27.00	416.31K
ISHARES TRSOLE	IBONDS DEC 2030	421.78K	SH	$9.34M 1.60%	29.00	421.75K
ISHARES TRSOLE	IBONDS DEC 2031	412.72K	SH	$8.76M 1.50%	0.00	412.72K
PACER FDS TRSOLE	DEVELOPED MRKT	239.56K	SH	$8.72M 1.49%	0.00	239.56K
J P MORGAN EXCHANGE TRADED FSOLE	ACTIVE VALUE ETF	125.38K	SH	$8.65M 1.48%	0.00	125.38K
FIRST TR EXCHANGE-TRADED FDSOLE	WCM INTL EQUITY	508.90K	SH	$8.59M 1.47%	0.00	508.90K
ISHARES TRSOLE	CORE MSCI EAFE	97.76K	SH	$8.54M 1.46%	0.00	97.76K
FIRST TR EXCHANGE-TRADED FDSOLE	CAP STRENGTH ETF	87.55K	SH	$8.20M 1.40%	0.00	87.55K
ISHARES TRSOLE	IBONDS 2027 TERM	347.66K	SH	$7.82M 1.34%	23.00	347.64K
ISHARES TRSOLE	IBONDS 28 TR HI	325.25K	SH	$7.76M 1.33%	0.00	325.25K
ISHARES TRSOLE	IBONDS 29 TR HI	314.05K	SH	$7.49M 1.28%	0.00	314.05K

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