First Command Advisory Services Portfolio holdings

First Command Advisory Services's Q2 2018 Portfolio in Review

As of Q2 2018, First Command Advisory Services held 67 positions worth $2.52B, up 20% from $2.1B the previous quarter. Its ten largest holdings account for 100% of the portfolio.

First Command Advisory Services deployed $1.23B of net new capital in Q2 2018, opening 18 new positions and adding to 11 existing holdings. Its largest new stake was iShares Global REIT ETF: 6,337,143 shares worth $163M.

By sector, the portfolio is most concentrated in Miscellaneous at 100% of assets, down from 100% a quarter earlier, followed by Technology and Consumer Discretionary.

On the sell side, the largest reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $615M trimmed.

• First Command Advisory Services's largest Q2 2018 buy was iShares Global REIT ETF: 6,337,143 shares worth $163M.
• First Command Advisory Services added most to iShares Core S&P 500 ETF in Q2 2018, an estimated $1.43B increase.
• First Command Advisory Services's biggest Q2 2018 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $615M.
• First Command Advisory Services fully exited Vanguard Short-Term Bond ETF in Q2 2018, selling an estimated $330M.
• First Command Advisory Services's ten largest holdings make up 100% of its $2.52B portfolio in Q2 2018.
• First Command Advisory Services opened 18 new positions and closed 33 in Q2 2018.
• First Command Advisory Services's portfolio value rose 20% quarter-over-quarter to $2.52B.

Based on First Command Advisory Services's 13F filing for Q2 2018, filed 24 Jul 2018.