First Command Advisory Services Portfolio holdings
First Command Advisory Services is the investment advisory arm of First Command, a financial planning company that works mainly with military families. The wider First Command group dates to 1958, when Carroll Payne, a retired military officer, started it to help military families plan their finances. The group's parent company, First Command Financial Services, is entirely owned by an employee stock ownership plan. The advisory arm offers financial planning, which is free for active-duty service members, and manages investments for individuals and other clients.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$519M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$423M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$166M |
| 4 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$95.7M |
| 5 |
iShares Core Dividend Growth ETF
DGRO
|
+$71.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco NASDAQ 100 ETF
QQQM
|
+$243M |
| 2 |
iShares International Equity Factor ETF
INTF
|
+$1.04M |
| 3 |
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
|
+$285K |
| 4 |
Vanguard Intermediate-Term Bond ETF
BIV
|
+$16.5K |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$9.7K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 98.71% |
| 2 | Technology | 0.28% |
| 3 | Industrials | 0.18% |
| 4 | Consumer Staples | 0.17% |
| 5 | Financials | 0.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Microsoft
MSFT
$3.89T
| $7.01M | 0.09% |
+22,195
| New | +$7.33M |
2023 Q3
0 quarters
|
|
27
Apple
AAPL
$5.18T
| $6.95M | 0.09% |
40,598
+40,594
| +1,014,850% | +$7.44M |
2021 Q1
10 quarters
|
|
28
Vanguard Dividend Appreciation ETF
VIG
$118B
| $6.42M | 0.08% |
+41,339
| New | +$6.7M |
2023 Q3
0 quarters
|
|
29
Berkshire Hathaway Class B
BRK.B
$1.26T
| $4.82M | 0.06% |
+13,746
| New | +$4.88M |
2023 Q3
0 quarters
|
|
30
ExxonMobil
XOM
$696B
| $4.49M | 0.06% |
+38,183
| New | +$4.19M |
2023 Q3
0 quarters
|
|
31
Chevron
CVX
$429B
| $3.95M | 0.05% |
23,446
+23,445
| +2,344,500% | +$3.79M |
2023 Q2
1 quarter
|
|
32
Northrop Grumman
NOC
$78.2B
| $3.63M | 0.05% |
+8,240
| New | +$3.62M |
2023 Q3
0 quarters
|
|
33
First Trust Value Line Dividend Fund
FVD
$8.22B
| $3.38M | 0.04% |
+90,449
| New | +$3.57M |
2023 Q3
0 quarters
|
|
34
Procter & Gamble
PG
$394B
| $2.94M | 0.04% |
+20,123
| New | +$3.07M |
2023 Q3
0 quarters
|
|
35
Amazon
AMZN
$2.88T
| $2.54M | 0.03% |
+19,991
| New | +$2.68M |
2023 Q3
0 quarters
|
|
36
Dimensional Emerging Core Equity Market ETF
DFAE
$9.16B
| $2.51M | 0.03% |
+111,418
| New | +$2.63M |
2023 Q3
0 quarters
|
|
37
Johnson & Johnson
JNJ
$688B
| $2.35M | 0.03% |
+15,069
| New | +$2.49M |
2023 Q3
0 quarters
|
|
38
Home Depot
HD
$348B
| $2.16M | 0.03% |
+7,137
| New | +$2.3M |
2023 Q3
0 quarters
|
|
39
Invesco S&P 500 Low Volatility ETF
SPLV
$7.58B
| $1.93M | 0.03% |
+32,836
| New | +$2.03M |
2023 Q3
0 quarters
|
|
40
Lockheed Martin
LMT
$138B
| $1.83M | 0.02% |
+4,479
| New | +$1.99M |
2023 Q3
0 quarters
|
|
41
PepsiCo
PEP
$198B
| $1.82M | 0.02% |
+10,754
| New | +$1.95M |
2023 Q3
0 quarters
|
|
42
Visa
V
$794B
| $1.43M | 0.02% |
+6,209
| New | +$1.49M |
2023 Q3
0 quarters
|
|
43
Alphabet (Google) Class C
GOOG
$3.6T
| $1.34M | 0.02% |
+10,133
| New | +$1.32M |
2023 Q3
0 quarters
|
|
44
Walmart Inc
WMT
$1.02T
| $1.28M | 0.02% |
+24,069
| New | +$1.28M |
2023 Q3
0 quarters
|
|
45
Vanguard Morningstar Total Stock Market ETF
VTI
$689B
| $1.23M | 0.02% |
5,814
+5,799
| +38,660% | +$1.28M |
2022 Q1
6 quarters
|
|
46
Constellation Brands
STZ
$24.6B
| $1.18M | 0.02% |
+4,700
| New | +$1.23M |
2023 Q3
0 quarters
|
|
47
Cisco
CSCO
$377B
| $1.12M | 0.01% |
20,742
+20,739
| +691,300% | +$1.12M |
2023 Q2
1 quarter
|
|
48
JPMorgan Chase
JPM
$919B
| $1.06M | 0.01% |
7,294
+7,293
| +729,300% | +$1.09M |
2023 Q2
1 quarter
|
|
49
Boeing
BA
$136B
| $1.05M | 0.01% |
+5,473
| New | +$1.2M |
2023 Q3
0 quarters
|
|
50
Vanguard High Dividend Yield ETF
VYM
$83.9B
| $1.05M | 0.01% |
+10,120
| New | +$1.09M |
2023 Q3
0 quarters
|
|
Similar funds
First Command Advisory Services's Q3 2023 Portfolio in Review
As of Q3 2023, First Command Advisory Services held 497 positions worth $7.6B, up 22% from $6.23B the previous quarter. Its ten largest holdings account for 94% of the portfolio.
First Command Advisory Services deployed $1.66B of net new capital in Q3 2023, opening 408 new positions and adding to 45 existing holdings. Its largest new stake was Vanguard Morningstar Mid-Cap ETF: 1,744,296 shares worth $90.8M.
By sector, the portfolio is most concentrated in Miscellaneous at 99% of assets, down from 100% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was Invesco NASDAQ 100 ETF, an estimated $243M trimmed.
- First Command Advisory Services's largest Q3 2023 buy was Vanguard Morningstar Mid-Cap ETF: 1,744,296 shares worth $90.8M.
- First Command Advisory Services added most to iShares Core S&P Mid-Cap ETF in Q3 2023, an estimated $519M increase.
- First Command Advisory Services's biggest Q3 2023 reduction was Invesco NASDAQ 100 ETF, cutting an estimated $243M.
- First Command Advisory Services fully exited Vanguard Intermediate-Term Bond ETF in Q3 2023, selling an estimated $16.5K.
- First Command Advisory Services's ten largest holdings make up 94% of its $7.6B portfolio in Q3 2023.
- First Command Advisory Services opened 408 new positions and closed 29 in Q3 2023.
- First Command Advisory Services's portfolio value rose 22% quarter-over-quarter to $7.6B.
Based on First Command Advisory Services's 13F filing for Q3 2023, filed 8 Nov 2023.