# EDGAR Filing Document

**Accession Number:** 0001926723
**File Stem:** 0001926723-23-000001
**Filing Date:** 2023-1
**Character Count:** 11241
**Document Hash:** aa02feee5c86e662b65b58bee0cb108f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001926723-23-000001.hdr.sgml**: 20230123

**ACCESSION NUMBER**: 0001926723-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230123

**DATE AS OF CHANGE**: 20230123

**EFFECTIVENESS DATE**: 20230123

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Capital Financial Services, LLC
- **CENTRAL INDEX KEY:** 0001926723
- **IRS NUMBER:** 141824058
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22482
- **FILM NUMBER:** 23545030

**BUSINESS ADDRESS:**
- **STREET 1:** 855 ROUTE 146 SUITE 180
- **CITY:** CLIFTON PARK
- **STATE:** NY
- **ZIP:** 12065
- **BUSINESS PHONE:** 5183993903

**MAIL ADDRESS:**
- **STREET 1:** 855 ROUTE 146 SUITE 180
- **CITY:** CLIFTON PARK
- **STATE:** NY
- **ZIP:** 12065

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Capital Financial Services LLC<br>**Address:** 855 ROUTE 146 SUITE 180<br>CLIFTON PARK, NY 12065

**Form 13F File Number:** 028-22482

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** William J. Jerome<br>**Title:** Executive Vice President<br>**Phone:** 5183993903

**Signature, Place, and Date of Signing:**

William J. Jerome  Clifton Park, NY  01-23-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 79

**Form 13F Information Table Value Total:** $72474384

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBVIE INC | COM | 00287Y109 |  | 1003598 | 6210 | SH |  | SOLE |  | 0 | 0 | 6210 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 1455831 | 27709 | SH |  | SOLE |  | 0 | 0 | 27709 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 653053 | 7360 | SH |  | SOLE |  | 0 | 0 | 7360 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 1201109 | 31550 | SH |  | SOLE |  | 0 | 0 | 31550 |
| ANALOG DEVICES INC | COM | 032654105 |  | 502752 | 3065 | SH |  | SOLE |  | 0 | 0 | 3065 |
| APPLE INC | COM | 037833100 |  | 4708620 | 36240 | SH |  | SOLE |  | 0 | 0 | 36240 |
| APPLIED MATLS INC | COM | 038222105 |  | 372479 | 3825 | SH |  | SOLE |  | 0 | 0 | 3825 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 263198 | 14250 | SH |  | SOLE |  | 0 | 0 | 14250 |
| ARES COML REAL ESTATE CORP | COM | 04013V108 |  | 230839 | 22433 | SH |  | SOLE |  | 0 | 0 | 22433 |
| ARISTA NETWORKS INC | COM | 040413106 |  | 2798574 | 23062 | SH |  | SOLE |  | 0 | 0 | 23062 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 358290 | 1500 | SH |  | SOLE |  | 0 | 0 | 1500 |
| B  G FOODS INC NEW | COM | 05508R106 |  | 138372 | 12410 | SH |  | SOLE |  | 0 | 0 | 12410 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4001028 | 12953 | SH |  | SOLE |  | 0 | 0 | 12953 |
| BIOGEN INC | COM | 09062X103 |  | 1338908 | 4835 | SH |  | SOLE |  | 0 | 0 | 4835 |
| BK OF AMERICA CORP | 7.25%CNV PFD L | 060505682 |  | 430940 | 372 | SH |  | SOLE |  | 0 | 0 | 372 |
| BLACKROCK INC | COM | 09247X101 |  | 2121638 | 2994 | SH |  | SOLE |  | 0 | 0 | 2994 |
| BLACKROCK LTD DURATION INCOM | COM SHS | 09249W101 |  | 661124 | 50583 | SH |  | SOLE |  | 0 | 0 | 50583 |
| BLACKSTONE MTG TR INC | COM CL A | 09257W100 |  | 846377 | 39980 | SH |  | SOLE |  | 0 | 0 | 39980 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 738855 | 10269 | SH |  | SOLE |  | 0 | 0 | 10269 |
| BROADCOM INC | COM | 11135F101 |  | 346661 | 620 | SH |  | SOLE |  | 0 | 0 | 620 |
| BUNGE LIMITED | COM | G16962105 |  | 254414 | 2550 | SH |  | SOLE |  | 0 | 0 | 2550 |
| CBRE GROUP INC | CL A | 12504L109 |  | 1014076 | 13177 | SH |  | SOLE |  | 0 | 0 | 13177 |
| CENTURY CMNTYS INC | COM | 156504300 |  | 1698340 | 33960 | SH |  | SOLE |  | 0 | 0 | 33960 |
| CHEVRON CORP NEW | COM | 166764100 |  | 280902 | 1565 | SH |  | SOLE |  | 0 | 0 | 1565 |
| CIA ENERGETICA DE MINAS GERA | SP ADR N-V PFD | 204409601 |  | 122533 | 60361 | SH |  | SOLE |  | 0 | 0 | 60361 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 302385 | 18770 | SH |  | SOLE |  | 0 | 0 | 18770 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 474677 | 8300 | SH |  | SOLE |  | 0 | 0 | 8300 |
| CORNING INC | COM | 219350105 |  | 296244 | 9275 | SH |  | SOLE |  | 0 | 0 | 9275 |
| CVS HEALTH CORP | COM | 126650100 |  | 443398 | 4758 | SH |  | SOLE |  | 0 | 0 | 4758 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 255267 | 4150 | SH |  | SOLE |  | 0 | 0 | 4150 |
| DIMENSIONAL ETF TRUST | US CORE EQT MKT | 25434V104 |  | 740780 | 27416 | SH |  | SOLE |  | 0 | 0 | 27416 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 374762 | 15435 | SH |  | SOLE |  | 0 | 0 | 15435 |
| DISNEY WALT CO | COM | 254687106 |  | 1224921 | 14099 | SH |  | SOLE |  | 0 | 0 | 14099 |
| DTE ENERGY CO | COM | 233331107 |  | 258566 | 2200 | SH |  | SOLE |  | 0 | 0 | 2200 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 205980 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 1073265 | 14385 | SH |  | SOLE |  | 0 | 0 | 14385 |
| ENBRIDGE INC | COM | 29250N105 |  | 900786 | 23038 | SH |  | SOLE |  | 0 | 0 | 23038 |
| FLEXSHARES TR | IBOXX 3R TARGT | 33939L506 |  | 682080 | 29000 | SH |  | SOLE |  | 0 | 0 | 29000 |
| GAMCO GLOBAL GOLD NAT RES | COM SH BEN INT | 36465A109 |  | 36300 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| GENCO SHIPPING  TRADING LTD | SHS | Y2685T131 |  | 183552 | 11950 | SH |  | SOLE |  | 0 | 0 | 11950 |
| GENERAL MTRS CO | COM | 37045V100 |  | 317562 | 9440 | SH |  | SOLE |  | 0 | 0 | 9440 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 900567 | 10490 | SH |  | SOLE |  | 0 | 0 | 10490 |
| GOLUB CAP BDC INC | COM | 38173M102 |  | 173713 | 13200 | SH |  | SOLE |  | 0 | 0 | 13200 |
| ILLUMINA INC | COM | 452327109 |  | 385191 | 1905 | SH |  | SOLE |  | 0 | 0 | 1905 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 1371160 | 12882 | SH |  | SOLE |  | 0 | 0 | 12882 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 868235 | 4915 | SH |  | SOLE |  | 0 | 0 | 4915 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 268488 | 14850 | SH |  | SOLE |  | 0 | 0 | 14850 |
| LAM RESEARCH CORP | COM | 512807108 |  | 1235682 | 2940 | SH |  | SOLE |  | 0 | 0 | 2940 |
| LILLY ELI  CO | COM | 532457108 |  | 219504 | 600 | SH |  | SOLE |  | 0 | 0 | 600 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 213968 | 2577 | SH |  | SOLE |  | 0 | 0 | 2577 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1912515 | 5500 | SH |  | SOLE |  | 0 | 0 | 5500 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 679095 | 60960 | SH |  | SOLE |  | 0 | 0 | 60960 |
| MERCK  CO INC | COM | 58933Y105 |  | 463216 | 4175 | SH |  | SOLE |  | 0 | 0 | 4175 |
| MICROSOFT CORP | COM | 594918104 |  | 1392635 | 5807 | SH |  | SOLE |  | 0 | 0 | 5807 |
| MODERNA INC | COM | 60770K107 |  | 2090597 | 11639 | SH |  | SOLE |  | 0 | 0 | 11639 |
| NUCOR CORP | COM | 670346105 |  | 405316 | 3075 | SH |  | SOLE |  | 0 | 0 | 3075 |
| NV5 GLOBAL INC | COM | 62945V109 |  | 4613821 | 34869 | SH |  | SOLE |  | 0 | 0 | 34869 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 643128 | 38100 | SH |  | SOLE |  | 0 | 0 | 38100 |
| PFIZER INC | COM | 717081103 |  | 3670014 | 71624 | SH |  | SOLE |  | 0 | 0 | 71624 |
| PHYSICIANS RLTY TR | COM | 71943U104 |  | 324128 | 22400 | SH |  | SOLE |  | 0 | 0 | 22400 |
| PROGRESSIVE CORP | COM | 743315103 |  | 1224462 | 9440 | SH |  | SOLE |  | 0 | 0 | 9440 |
| PULTE GROUP INC | COM | 745867101 |  | 1016532 | 22327 | SH |  | SOLE |  | 0 | 0 | 22327 |
| QORVO INC | COM | 74736K101 |  | 353496 | 3900 | SH |  | SOLE |  | 0 | 0 | 3900 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 911360 | 12800 | SH |  | SOLE |  | 0 | 0 | 12800 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 826093 | 9065 | SH |  | SOLE |  | 0 | 0 | 9065 |
| STELLANTIS N.V | SHS | N82405106 |  | 241528 | 17009 | SH |  | SOLE |  | 0 | 0 | 17009 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 1908681 | 25623 | SH |  | SOLE |  | 0 | 0 | 25623 |
| TOLL BROTHERS INC | COM | 889478103 |  | 229632 | 4600 | SH |  | SOLE |  | 0 | 0 | 4600 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 919183 | 6730 | SH |  | SOLE |  | 0 | 0 | 6730 |
| TRIPLEPOINT VENTURE GROWTH B | COM | 89677Y100 |  | 184611 | 17700 | SH |  | SOLE |  | 0 | 0 | 17700 |
| TRITON INTL LTD | CL A | G9078F107 |  | 1413429 | 20550 | SH |  | SOLE |  | 0 | 0 | 20550 |
| ULTRA CLEAN HLDGS INC | COM | 90385V107 |  | 422895 | 12757 | SH |  | SOLE |  | 0 | 0 | 12757 |
| UNITED RENTALS INC | COM | 911363109 |  | 2516018 | 7079 | SH |  | SOLE |  | 0 | 0 | 7079 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1248783 | 31695 | SH |  | SOLE |  | 0 | 0 | 31695 |
| VICI PPTYS INC | COM | 925652109 |  | 321570 | 9925 | SH |  | SOLE |  | 0 | 0 | 9925 |
| VIRTUS CONVERTIBLE  INCOME | COM | 92838X102 |  | 44200 | 13000 | SH |  | SOLE |  | 0 | 0 | 13000 |
| VISA INC | COM CL A | 92826C839 |  | 1184232 | 5700 | SH |  | SOLE |  | 0 | 0 | 5700 |
| VOYA GLBL EQTY DIV  PREM OP | COM | 92912T100 |  | 62215 | 11500 | SH |  | SOLE |  | 0 | 0 | 11500 |
| WHITEHORSE FIN INC | COM | 96524V106 |  | 301455 | 23100 | SH |  | SOLE |  | 0 | 0 | 23100 |

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