Commonwealth Retirement Investments 13F annual report
Commonwealth Retirement Investments is an investment fund managing more than $218 billion ran by Dean Pelos. There are currently 92 companies in Mr. Pelos’s portfolio. The largest investments include Broadcom Inc and Microsoft Corp Com, together worth $26.3 billion.
$218 billion Assets Under Management (AUM)
As of 29th July 2024, Commonwealth Retirement Investments’s top holding is 9,525 shares of Broadcom Inc currently worth over $15.3 billion and making up 7.0% of the portfolio value.
Relative to the number of outstanding shares of Broadcom Inc, Commonwealth Retirement Investments owns more than approximately 0.1% of the company.
In addition, the fund holds 24,677 shares of Microsoft Corp Com worth $11 billion.
The third-largest holding is Jpmorgan Chase & Co. Com worth $9.87 billion and the next is Ishares Core S&p 500 Etf worth $8.62 billion, with 15,753 shares owned.
Currently, Commonwealth Retirement Investments's portfolio is worth at least $218 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 Retirement Investments
The Commonwealth Retirement Investments office and employees reside in Richmond, Virginia. According to the last 13-F report filed with the SEC, Dean Pelos serves as the Chief Compliance Officer at Commonwealth Retirement Investments.
Recent trades
In the most recent 13F filing, Commonwealth Retirement Investments revealed that it had opened a new position in
International Business Machs Com and bought 14,770 shares worth $2.55 billion.
The investment fund also strengthened its position in Exxon Mobil Corp Com by buying
786 additional shares.
This makes their stake in Exxon Mobil Corp Com total 72,918 shares worth $8.39 billion.
On the other hand, there are companies that Commonwealth Retirement Investments is getting rid of from its portfolio.
Commonwealth Retirement Investments closed its position in Ishares Russell 2000 Etf on 5th August 2024.
It sold the previously owned 1,000 shares for $210 million.
Dean Pelos also disclosed a decreased stake in Broadcom Inc by 0.1%.
This leaves the value of the investment at $15.3 billion and 9,525 shares.
One of the smallest hedge funds
The two most similar investment funds to Commonwealth Retirement Investments are Sterling and Cypress Financial Planning. They manage $218 billion and $218 billion respectively.
Dean Pelos investment strategy
Commonwealth Retirement Investments’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Health Care — making up 9.8% of
the total portfolio value.
The fund focuses on investments in the United States as
31.5% 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
29% of the total holdings value.
On the other hand, small-cap stocks make up only 3.3% of the portfolio.
The average market cap of the portfolio companies is close to $219 billion.
The complete list of Commonwealth Retirement Investments trades based on 13F SEC filings
These positions were updated on August 5th 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 |
|---|---|---|---|
| Broadcom Inc |
13.71%
9,525
|
$15,292,466,000 | 7.00% |
| Microsoft Corp Com |
0.43%
24,677
|
$11,029,561,000 | 5.05% |
| Jpmorgan Chase & Co. Com |
1.51%
48,815
|
$9,873,335,000 | 4.52% |
| Ishares Core S&p 500 Etf |
6.96%
15,753
|
$8,620,361,000 | 3.95% |
| Exxon Mobil Corp Com |
1.09%
72,918
|
$8,394,267,000 | 3.84% |
| Abbvie Inc |
4.79%
47,033
|
$8,067,116,000 | 3.69% |
| Chevron Corp New Com |
7.72%
46,639
|
$7,295,286,000 | 3.34% |
| Johnson & Johnson Com |
14.18%
48,028
|
$7,019,830,000 | 3.21% |
| Home Depot, Inc. |
4.44%
17,801
|
$6,127,650,000 | 2.81% |
| Cisco Sys Inc Com |
1.46%
118,542
|
$5,631,914,000 | 2.58% |
| Altria Group Inc. |
8.88%
117,184
|
$5,337,731,000 | 2.44% |
| Unitedhealth Group Inc |
60.93%
10,100
|
$5,143,772,000 | 2.36% |
| Vanguard Total Bond Market Etf |
6.65%
71,052
|
$5,119,297,000 | 2.34% |
| Procter And Gamble Co Com |
4.60%
28,346
|
$4,674,885,000 | 2.14% |
| Lockheed Martin Corp Com |
11.72%
9,666
|
$4,515,011,000 | 2.07% |
| Costco Whsl Corp New Com |
0.92%
5,082
|
$4,319,649,000 | 1.98% |
| Pepsico Inc Com |
12.46%
25,801
|
$4,255,348,000 | 1.95% |
| United Parcel Service, Inc. |
3.63%
29,585
|
$4,048,716,000 | 1.85% |
| Merck & Co Inc |
49.96%
27,769
|
$3,437,838,000 | 1.57% |
| Texas Instrs Inc Com |
1.02%
14,793
|
$2,877,682,000 | 1.32% |
| Truist Finl Corp Com |
8.31%
74,009
|
$2,875,250,000 | 1.32% |
| Ishares S&p 500 Growth Etf |
65.02%
30,188
|
$2,793,598,000 | 1.28% |
| Ishares Msci Usa Quality Factor Etf |
7.50%
15,004
|
$2,562,083,000 | 1.17% |
| International Business Machs Com |
Opened
14,770
|
$2,554,478,000 | 1.17% |
| Union Pac Corp Com |
2.40%
10,688
|
$2,418,268,000 | 1.11% |
| Visa Inc |
8.47%
8,976
|
$2,355,807,000 | 1.08% |
| Best Buy Co. Inc. |
23.74%
27,352
|
$2,305,500,000 | 1.06% |
| Pnc Finl Svcs Group Inc Com |
34.25%
14,763
|
$2,295,288,000 | 1.05% |
| MetLife, Inc. |
19.85%
32,562
|
$2,285,551,000 | 1.05% |
| Blackrock U.s. Equity Factor Rotation Etf |
7.73%
48,427
|
$2,273,163,000 | 1.04% |
| Lam Research Corp Com |
4.46%
2,034
|
$2,165,707,000 | 0.99% |
| Apple Inc |
5.26%
9,929
|
$2,091,339,000 | 0.96% |
| Ishares Msci Eafe Growth Etf |
63.14%
20,350
|
$2,081,805,000 | 0.95% |
| Schwab Us Dividend Equity Etf |
9.24%
26,602
|
$2,068,572,000 | 0.95% |
| M & T Bk Corp Com |
34.72%
13,340
|
$2,019,142,000 | 0.92% |
| CME Group Inc |
16.80%
10,184
|
$2,002,174,000 | 0.92% |
| Kimberly-clark Corp Com |
29.49%
14,135
|
$1,953,457,000 | 0.89% |
| AMGEN Inc. |
Opened
6,244
|
$1,950,968,000 | 0.89% |
| Applied Matls Inc Com |
7.95%
8,259
|
$1,949,083,000 | 0.89% |
| Schwab Charles Corp Com |
Opened
25,233
|
$1,859,420,000 | 0.85% |
| HP Inc |
10.70%
50,174
|
$1,757,093,000 | 0.80% |
| Bristol-myers Squibb Co Com |
Opened
41,946
|
$1,742,002,000 | 0.80% |
| Prudential Finl Inc Com |
1.20%
13,798
|
$1,616,988,000 | 0.74% |
| L3Harris Technologies Inc |
4.82%
6,986
|
$1,568,907,000 | 0.72% |
| Gilead Sciences, Inc. |
Opened
22,682
|
$1,556,216,000 | 0.71% |
| Ishares S&p 500 Value Etf |
5.72%
7,805
|
$1,420,588,000 | 0.65% |
| Hershey Co Com |
8.93%
7,600
|
$1,397,108,000 | 0.64% |
| Paychex Inc. |
7.75%
11,638
|
$1,379,801,000 | 0.63% |
| Fastenal Co Com |
5.84%
21,626
|
$1,358,978,000 | 0.62% |
| Pfizer Inc. |
74.14%
48,374
|
$1,353,507,000 | 0.62% |
| Waste Mgmt Inc Del Com |
6.96%
6,311
|
$1,346,389,000 | 0.62% |
| Mastercard Incorporated |
12.47%
3,048
|
$1,344,744,000 | 0.62% |
| Ishares U.s. Technology Etf |
7.16%
8,037
|
$1,209,569,000 | 0.55% |
| Automatic Data Processing Inc. |
5.76%
4,940
|
$1,179,129,000 | 0.54% |
| Analog Devices Inc. |
0.56%
4,822
|
$1,100,640,000 | 0.50% |
| Kla Corp Com New |
53.17%
1,316
|
$1,085,274,000 | 0.50% |
| Tjx Cos Inc New Com |
Opened
9,419
|
$1,037,013,000 | 0.47% |
| Tractor Supply Co Com |
Opened
3,494
|
$943,380,000 | 0.43% |
| Darden Restaurants, Inc. |
Opened
6,168
|
$933,342,000 | 0.43% |
| Cf Inds Hldgs Inc Com |
Opened
12,350
|
$915,382,000 | 0.42% |
| Amazon.com Inc. |
11.95%
4,685
|
$905,376,000 | 0.41% |
| Ishares Msci Eafe Value Etf |
31.70%
16,660
|
$883,646,000 | 0.40% |
| Spdr S&p 500 Etf Trust |
0.62%
1,614
|
$878,371,000 | 0.40% |
| Lennar Corp. |
Opened
5,751
|
$861,902,000 | 0.39% |
| Allstate Corp Com |
Opened
5,334
|
$851,626,000 | 0.39% |
| Ishares Core Msci Emerging Markets Etf |
111.92%
14,809
|
$792,737,000 | 0.36% |
| Bank New York Mellon Corp Com |
54.78%
12,730
|
$762,400,000 | 0.35% |
| iShares MSCI Emerging Markets ex China ETF |
8.46%
12,739
|
$754,149,000 | 0.35% |
| Pgim Ultra Short Bond Etf |
0.27%
13,911
|
$691,385,000 | 0.32% |
| Berkshire Hathaway Inc Del Cl B New |
No change
1,654
|
$672,847,000 | 0.31% |
| Cencora Inc. |
No change
2,984
|
$672,295,000 | 0.31% |
| Vanguard High Dividend Yield Index Etf |
10.03%
5,588
|
$662,737,000 | 0.30% |
| Ishares Russell 1000 Growth Etf |
No change
1,674
|
$610,190,000 | 0.28% |
| Fidelity Natl Information Svcs Com |
69.87%
7,110
|
$535,810,000 | 0.25% |
| Walmart Inc |
8.61%
7,752
|
$524,903,000 | 0.24% |
| Ark Innovation Etf |
11.21%
11,877
|
$521,994,000 | 0.24% |
| Meta Platforms Inc |
11.61%
990
|
$499,210,000 | 0.23% |
| Ishares Currency Hedged Msci Eafe Etf |
20.85%
13,231
|
$470,429,000 | 0.22% |
| Vanguard Dividend Appreciation Etf |
16.27%
2,413
|
$440,493,000 | 0.20% |
| Norfolk Southn Corp Com |
68.02%
1,958
|
$420,363,000 | 0.19% |
| Dominion Energy Inc |
13.37%
8,159
|
$399,791,000 | 0.18% |
| Ishares Core Dividend Growth Etf |
10.41%
5,858
|
$337,479,000 | 0.15% |
| Ishares Core S&p Mid-cap Etf |
No change
4,755
|
$278,263,000 | 0.13% |
| Ishares U.s. Infrastructure Etf |
5.92%
5,943
|
$250,319,000 | 0.11% |
| iShares Core Total USD Bond Market ETF |
No change
5,352
|
$242,017,000 | 0.11% |
| Elevance Health Inc Com |
No change
417
|
$225,956,000 | 0.10% |
| Spdr Dow Jones Industrial Average Etf Trust |
No change
538
|
$210,428,000 | 0.10% |
| Ishares Russell 2000 Etf |
Closed
1,000
|
$210,300,000 | |
| Novartis Ag Sponsored Adr |
Opened
1,931
|
$205,574,000 | 0.09% |
| Ishares Bitcoin Trust Registered |
45.45%
6,000
|
$204,840,000 | 0.09% |
| Ishares Russell 1000 Value Etf |
No change
1,166
|
$203,432,000 | 0.09% |
| Netflix Inc. |
Opened
301
|
$203,139,000 | 0.09% |
| Prospect Cap Corp 6.375 03/01/2025 |
No change
30,000
|
$29,812,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 93 holdings | |||
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