Commonwealth Services 13F annual report
Commonwealth Services is an investment fund managing more than $460 billion ran by Michael Seese. There are currently 124 companies in Mr. Seese’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and First Tr Exchng Traded Fd Vi, together worth $95.3 billion.
$460 billion Assets Under Management (AUM)
As of 6th August 2024, Commonwealth Services’s top holding is 63,366 shares of Spdr S&p 500 Etf Tr currently worth over $35.2 billion and making up 7.6% of the portfolio value.
In addition, the fund holds 1,725,588 shares of First Tr Exchng Traded Fd Vi worth $60.1 billion.
The third-largest holding is Ishares Tr worth $168 billion and the next is EA Series Trust worth $29.1 billion, with 546,994 shares owned.
Currently, Commonwealth Services's portfolio is worth at least $460 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Commonwealth Services
The Commonwealth Services office and employees reside in Parkersburg, West Virginia. According to the last 13-F report filed with the SEC, Michael Seese serves as the Co-Founder / Owner / Financial Advisor at Commonwealth Services.
Recent trades
In the most recent 13F filing, Commonwealth Services revealed that it had opened a new position in
Ishares Tr and bought 492,861 shares worth $19.1 billion.
The investment fund also strengthened its position in Spdr S&p 500 Etf Tr by buying
5,357 additional shares.
This makes their stake in Spdr S&p 500 Etf Tr total 63,366 shares worth $35.2 billion.
On the other hand, there are companies that Commonwealth Services is getting rid of from its portfolio.
Commonwealth Services closed its position in Invesco Exchange Traded Fd T on 13th August 2024.
It sold the previously owned 68,742 shares for $5.64 billion.
Michael Seese also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $168 billion and 3,611,213 shares.
One of the average hedge funds
The two most similar investment funds to Commonwealth Services are Fund 1 Investments and Security Services, Inc. They manage $460 billion and $460 billion respectively.
Michael Seese investment strategy
Commonwealth Services’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Miscellaneous — making up 6.4% of
the total portfolio value.
The fund focuses on investments in the United States as
39.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
38% of the total holdings value.
On the other hand, small-cap stocks make up only 2.4% of the portfolio.
The average market cap of the portfolio companies is close to $253 billion.
The complete list of Commonwealth Services trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Spdr S&p 500 Etf Tr |
9.23%
63,366
|
$35,185,612,000 | 7.65% |
| First Tr Exchng Traded Fd Vi |
33.05%
1,725,588
|
$60,100,347,000 | 13.06% |
| Ishares Tr |
1.84%
3,611,213
|
$168,142,073,000 | 36.54% |
| EA Series Trust |
13.77%
546,994
|
$29,057,440,000 | 6.31% |
| Fidelity Comwlth Tr |
4.17%
153,696
|
$11,153,730,000 | 2.42% |
| Microsoft Corporation |
2.11%
19,968
|
$9,310,078,000 | 2.02% |
| NVIDIA Corp |
902.19%
63,148
|
$8,095,511,000 | 1.76% |
| Ishares Tr |
Opened
492,861
|
$19,118,141,000 | 4.15% |
| Janus Detroit Str Tr |
71.34%
150,458
|
$7,294,198,000 | 1.59% |
| Pacer Fds Tr |
107.49%
238,592
|
$11,563,093,000 | 2.51% |
| Invesco Exchange Traded Fd T |
Closed
68,742
|
$5,642,343,000 | |
| J P Morgan Exchange Traded F |
12.49%
120,695
|
$6,893,261,000 | 1.50% |
| Invesco Exchange Traded Fd T |
73.03%
168,622
|
$7,439,106,000 | 1.62% |
| Pacer Fds Tr |
Opened
154,330
|
$4,785,777,000 | 1.04% |
| Apple Inc |
0.05%
15,312
|
$3,488,331,000 | 0.76% |
| Ishares Tr |
Closed
73,880
|
$4,875,073,000 | |
| Jpmorgan Chase Co. |
7.05%
13,487
|
$2,767,128,000 | 0.60% |
| Spdr Ser Tr |
Opened
42,280
|
$2,761,730,000 | 0.60% |
| Invesco Exch Traded Fd Tr Ii |
54.12%
13,132
|
$2,688,120,000 | 0.58% |
| Costco Whsl Corp New |
3.14%
2,927
|
$2,578,219,000 | 0.56% |
| Procter And Gamble Co |
0.06%
13,721
|
$2,284,852,000 | 0.50% |
| Ppg Inds Inc |
11.46%
17,090
|
$2,170,430,000 | 0.47% |
| Amazon.com Inc. |
2.27%
10,458
|
$2,084,238,000 | 0.45% |
| Exxon Mobil Corp. |
4.90%
17,336
|
$1,944,799,000 | 0.42% |
| Lockheed Martin Corp. |
0.32%
4,099
|
$1,892,754,000 | 0.41% |
| American Elec Pwr Co Inc |
2.04%
19,760
|
$1,721,269,000 | 0.37% |
| Walmart Inc |
159.64%
24,544
|
$1,710,222,000 | 0.37% |
| Spdr Ser Tr |
0.61%
93,382
|
$5,734,839,000 | 1.25% |
| Peoples Bancorp Inc |
5.28%
41,793
|
$1,217,841,000 | 0.26% |
| First Tr Exchng Traded Fd Vi |
Opened
92,839
|
$3,446,127,000 | 0.75% |
| Goldman Sachs Etf Tr |
1.23%
10,649
|
$1,157,465,000 | 0.25% |
| Broadcom Inc |
9.70%
642
|
$1,121,284,000 | 0.24% |
| Johnson Johnson |
4.33%
7,559
|
$1,099,680,000 | 0.24% |
| United Bancorp Inc Ohio |
8.27%
89,221
|
$1,077,344,000 | 0.23% |
| Proshares Tr |
140.89%
55,843
|
$1,413,099,000 | 0.31% |
| Meta Platforms Inc |
4.58%
1,937
|
$1,025,293,000 | 0.22% |
| First Tr Morningstar Divid L |
3.40%
26,553
|
$1,002,117,000 | 0.22% |
| Cisco Sys Inc |
10.02%
21,153
|
$974,289,000 | 0.21% |
| First Tr Exch Traded Fd Iii |
Closed
55,582
|
$937,104,000 | |
| Abbvie Inc |
4.97%
5,216
|
$868,511,000 | 0.19% |
| CSX Corp. |
6.62%
25,860
|
$863,480,000 | 0.19% |
| Home Depot, Inc. |
3.70%
2,499
|
$848,734,000 | 0.18% |
| Antero Resources Corp |
Closed
36,963
|
$838,321,000 | |
| Coca-Cola Co |
1.98%
12,852
|
$809,147,000 | 0.18% |
| Merck Co Inc |
2.41%
6,165
|
$775,463,000 | 0.17% |
| United Bankshares Inc West V |
8.60%
24,249
|
$770,145,000 | 0.17% |
| Spdr Gold Tr |
23.59%
3,512
|
$766,283,000 | 0.17% |
| Eli Lilly Co |
2.37%
822
|
$754,848,000 | 0.16% |
| Builders Firstsource Inc |
3.34%
5,531
|
$743,864,000 | 0.16% |
| Pfizer Inc. |
0.36%
25,684
|
$717,353,000 | 0.16% |
| Select Sector Spdr Tr |
9.00%
8,432
|
$1,142,935,000 | 0.25% |
| Intel Corp. |
7.73%
20,020
|
$680,480,000 | 0.15% |
| Pepsico Inc |
1.17%
3,972
|
$643,920,000 | 0.14% |
| Franklin Templeton Etf Tr |
22.49%
26,630
|
$638,854,000 | 0.14% |
| Att Inc |
1.33%
33,326
|
$626,863,000 | 0.14% |
| Alphabet Inc |
3.19%
5,960
|
$1,130,640,000 | 0.25% |
| Visa Inc |
5.71%
2,246
|
$598,420,000 | 0.13% |
| First Tr Exchange-traded Fd |
Opened
17,768
|
$583,146,000 | 0.13% |
| AMGEN Inc. |
0.86%
1,739
|
$541,727,000 | 0.12% |
| Crowdstrike Holdings Inc |
0.58%
1,379
|
$538,789,000 | 0.12% |
| Cnx Res Corp |
Closed
26,086
|
$521,720,000 | |
| Chevron Corp. |
2.94%
3,359
|
$518,380,000 | 0.11% |
| Berkshire Hathaway Inc. |
23.26%
1,188
|
$485,987,000 | 0.11% |
| Mastercard Incorporated |
9.41%
1,068
|
$476,712,000 | 0.10% |
| Invesco Exch Traded Fd Tr Ii |
Closed
8,813
|
$468,676,000 | |
| Eastgroup Pptys Inc |
No change
2,680
|
$467,526,000 | 0.10% |
| Lowes Cos Inc |
0.15%
1,967
|
$427,204,000 | 0.09% |
| First Tr Exchange-traded Fd |
Closed
6,863
|
$409,447,000 | |
| VanEck ETF Trust |
5.93%
4,644
|
$400,270,000 | 0.09% |
| Proshares Tr |
Closed
30,140
|
$391,519,000 | |
| Mcdonalds Corp |
0.32%
1,536
|
$380,753,000 | 0.08% |
| Invesco Exch Traded Fd Tr Ii |
Opened
6,840
|
$373,595,000 | 0.08% |
| Spdr Sp Midcap 400 Etf Tr |
0.14%
703
|
$373,491,000 | 0.08% |
| Ishares Bitcoin Tr |
Opened
11,407
|
$366,864,000 | 0.08% |
| Valero Energy Corp. |
4.53%
2,426
|
$358,910,000 | 0.08% |
| Ssga Active Etf Tr |
60.96%
8,571
|
$357,077,000 | 0.08% |
| Unitedhealth Group Inc |
9.01%
726
|
$355,299,000 | 0.08% |
| Abbott Labs |
3.78%
3,338
|
$340,870,000 | 0.07% |
| Smucker J M Co |
8.29%
3,030
|
$332,826,000 | 0.07% |
| Caterpillar Inc. |
9.87%
1,004
|
$330,407,000 | 0.07% |
| Vanguard World Fd |
0.37%
543
|
$325,534,000 | 0.07% |
| Eaton Corp Plc |
11.46%
1,020
|
$325,339,000 | 0.07% |
| Quest Diagnostics, Inc. |
3.09%
2,319
|
$322,155,000 | 0.07% |
| EQT Corp |
Closed
8,304
|
$321,033,000 | |
| International Business Machs |
0.06%
1,800
|
$319,735,000 | 0.07% |
| Royal Caribbean Group |
1.68%
1,984
|
$319,087,000 | 0.07% |
| Duke Energy Corp. |
34.01%
3,164
|
$318,458,000 | 0.07% |
| First Tr Exchange-traded Fd |
72.36%
9,088
|
$565,592,000 | 0.12% |
| First Tr Exch Traded Fd Iii |
Opened
17,984
|
$314,900,000 | 0.07% |
| Illinois Tool Wks Inc |
4.89%
1,343
|
$314,059,000 | 0.07% |
| Wesbanco, Inc. |
2.28%
11,466
|
$313,929,000 | 0.07% |
| Bristol-Myers Squibb Co. |
7.14%
7,738
|
$309,443,000 | 0.07% |
| Adobe Inc |
3.67%
537
|
$308,990,000 | 0.07% |
| Fastenal Co. |
1.09%
4,740
|
$297,817,000 | 0.06% |
| Starbucks Corp. |
Closed
3,092
|
$296,863,000 | |
| Quanta Svcs Inc |
16.22%
1,152
|
$293,379,000 | 0.06% |
| Ishares Silver Tr |
6.68%
10,424
|
$293,227,000 | 0.06% |
| Verizon Communications Inc |
2.00%
6,927
|
$287,678,000 | 0.06% |
| Intercontinental Exchange In |
Opened
2,025
|
$285,910,000 | 0.06% |
| Nike, Inc. |
Closed
2,583
|
$280,436,000 | |
| Vanguard Index Fds |
0.29%
1,024
|
$278,965,000 | 0.06% |
| Public Storage Oper Co |
1.92%
956
|
$277,769,000 | 0.06% |
| General Mls Inc |
20.27%
4,440
|
$277,513,000 | 0.06% |
| Alps Etf Tr |
No change
5,170
|
$272,097,000 | 0.06% |
| Strategy Shs |
39.55%
12,716
|
$271,614,000 | 0.06% |
| Fedex Corp |
6.52%
918
|
$271,297,000 | 0.06% |
| Paychex Inc. |
1.05%
2,302
|
$267,390,000 | 0.06% |
| Target Corp |
25.91%
1,793
|
$266,725,000 | 0.06% |
| Automatic Data Processing In |
7.98%
1,141
|
$266,417,000 | 0.06% |
| Waste Mgmt Inc Del |
Opened
1,248
|
$262,854,000 | 0.06% |
| Reaves Util Income Fd |
Closed
9,815
|
$262,464,000 | |
| Union Pac Corp |
No change
1,174
|
$262,260,000 | 0.06% |
| Clorox Co. |
9.34%
1,912
|
$253,947,000 | 0.06% |
| 3M Co. |
4.51%
2,505
|
$253,249,000 | 0.06% |
| Spdr Dow Jones Indl Average |
2.34%
626
|
$246,232,000 | 0.05% |
| Vanguard Specialized Funds |
0.08%
1,309
|
$241,031,000 | 0.05% |
| Tesla Inc |
11.18%
945
|
$239,069,000 | 0.05% |
| Dominion Energy Inc |
3.78%
4,809
|
$237,228,000 | 0.05% |
| First Tr Value Line Divid In |
No change
5,785
|
$234,524,000 | 0.05% |
| Intuitive Surgical Inc |
Opened
514
|
$228,488,000 | 0.05% |
| Firstenergy Corp. |
4.43%
5,869
|
$226,485,000 | 0.05% |
| Colgate-Palmolive Co. |
Opened
2,313
|
$225,701,000 | 0.05% |
| Hershey Company |
4.56%
1,215
|
$224,405,000 | 0.05% |
| Clearbridge Mlp And Midstrm |
Closed
5,580
|
$223,702,000 | |
| Asml Holding N V |
Opened
206
|
$221,710,000 | 0.05% |
| Fidelity Covington Trust |
No change
3,257
|
$221,639,000 | 0.05% |
| Archer Daniels Midland Co. |
26.98%
3,488
|
$221,068,000 | 0.05% |
| Tractor Supply Co. |
Opened
825
|
$215,306,000 | 0.05% |
| First Tr Exchange Traded Fd |
Closed
2,447
|
$214,528,000 | |
| NextEra Energy Inc |
Closed
3,526
|
$214,169,000 | |
| Allison Transmission Hldgs I |
Opened
2,800
|
$210,392,000 | 0.05% |
| GE Aerospace |
Opened
1,275
|
$208,519,000 | 0.05% |
| General Mtrs Co |
Opened
4,375
|
$203,656,000 | 0.04% |
| Ishares U S Etf Tr |
Closed
4,052
|
$202,559,000 | |
| United Rentals, Inc. |
Opened
317
|
$201,830,000 | 0.04% |
| Cummins Inc. |
Closed
835
|
$200,058,000 | |
| Putnam Premier Income Tr |
2.62%
41,244
|
$148,891,000 | 0.03% |
| Gabelli Equity Tr Inc |
Closed
27,687
|
$140,650,000 | |
| Nuveen Municipal Credit Inc |
No change
11,164
|
$137,875,000 | 0.03% |
| Mfs Multimarket Income Tr |
No change
26,100
|
$122,801,000 | 0.03% |
| Nuveen Real Estate Income Fd |
Closed
11,178
|
$87,409,000 | |
| Mfs Mun Income Tr |
No change
10,000
|
$53,400,000 | 0.01% |
| Mfs Spl Value Tr |
Closed
10,000
|
$40,900,000 | |
| Mfs Inter Income Tr |
7.26%
12,871
|
$34,816,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 144 holdings | |||
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