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.

Limited to 30 biggest holdings

$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