COMMONWEALTH EQUITY SERVICES, LLC

CIK 0000312272 · Q2 2026

13F Equity AUM

$79.5B

+11.1% QoQ

Positions

4,415

-4226 QoQ

AUM Rank

#531

Top 4%

Skill Alpha (FF)

-1.5%/yr

Underperformer

Rank #4,470 · Top 54%

vs S&P -2.5%/yr (unadj.)

Quarters Tracked

~8 years

Portfolio Concentration

Top 5: 10.8%Top 10: 17.0%Top 20: 24.9%

AAPL3.1%

IVV2.5%

NVDA2.2%

NDQ1.5%

VEA1.5%

SPY1.4%

MSFT1.4%

AMZN1.2%

VOO1.1%

IWF1.1%

Others (4310)83.0%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

No sector data available.

Position Sizing

Positions: 4320Median: 0.00%Avg: 0.02%

0–0.5%

4294(71.8%)

0.5–1%

16(11.2%)

1–3%

9(13.9%)

3–5%

1(3.1%)

5%+

0(0.0%)

Count of positions per weight bucket — (%) = combined portfolio weight

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Portfolio Overlap

Shared: 0Unique: 4,320vs 20 funds

0%Low

4,320

Fund positions

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

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Position Changes This Quarter

New0Increased0Decreased0Exited0

No position changes this quarter.

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

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Holdings

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