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 |
Invesco NASDAQ 100 ETF
QQQM
|
+$915M |
| 2 |
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
|
+$21M |
| 3 |
iShares Core S&P Small-Cap ETF
IJR
|
+$16M |
| 4 |
Schwab US Dividend Equity ETF
SCHD
|
+$70.5K |
| 5 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$13.5K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$1.01B |
| 2 |
State Street SPDR Portfolio S&P 500 High Dividend ETF
SPYD
|
+$18.6M |
| 3 |
Invesco S&P 500 Quality ETF
SPHQ
|
+$1.68M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$1.04M |
| 5 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$508K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 100% |
| 2 | Energy | 0% |
| 3 | Technology | 0% |
| 4 | Consumer Staples | 0% |
| 5 | Communication Services | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
176
Viatris
VTRS
$23.9B
| – | – |
-49
| Closed | -$471 | – |
|
177
Vanguard Russell 2000 ETF
VTWO
$16.6B
| $0 | ﹤0.01% |
+34
| New | +$2.45K |
2023 Q2
0 quarters
|
|
178
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $0 | ﹤0.01% |
+66
| New | +$2.66K |
2023 Q2
0 quarters
|
|
179
Vanguard Total International Stock ETF
VXUS
$161B
| $0 | ﹤0.01% |
+103
| New | +$5.76K |
2023 Q2
0 quarters
|
|
180
Walker & Dunlop
WD
$1.32B
| – | – |
-35
| Closed | – | – |
|
181
WIX.com
WIX
$2.81B
| – | – |
-2
| Closed | – | – |
|
182
Walmart Inc
WMT
$1.02T
| – | – |
-600
| Closed | -$29.5K | – |
|
183
State Street Energy Select Sector SPDR ETF
XLE
$42.6B
| $0 | ﹤0.01% |
+148
| New | +$6.03K |
2023 Q2
0 quarters
|
|
184
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.39B
| – | – |
-152
| Closed | -$5.68K | – |
|
185
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
XSOE
$1.88B
| – | – |
-25
| Closed | -$696 | – |
|
186
Zoom
ZM
$29.1B
| – | – |
-3
| Closed | – | – |
|
187
Zscaler
ZS
$31.4B
| – | – |
-3
| Closed | – | – |
|
Similar funds
First Command Advisory Services's Q2 2023 Portfolio in Review
As of Q2 2023, First Command Advisory Services held 187 positions worth $6.23B, up 6.6% from $5.85B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
First Command Advisory Services's Q2 2023 filing shows 55 new, 4 increased, 16 reduced and 98 closed positions. Its largest new stake was Invesco NASDAQ 100 ETF: 6,610,514 shares worth $1B. The largest sale was State Street SPDR Portfolio S&P 500 Growth ETF, an estimated $1.01B.
By sector, the portfolio is most concentrated in Miscellaneous at 100% of assets, up from 100% a quarter earlier, followed by Energy and Technology.
- First Command Advisory Services's largest Q2 2023 buy was Invesco NASDAQ 100 ETF: 6,610,514 shares worth $1B.
- First Command Advisory Services added most to iShares Core S&P Small-Cap ETF in Q2 2023, an estimated $16M increase.
- First Command Advisory Services's biggest Q2 2023 reduction was State Street SPDR Portfolio S&P 500 Growth ETF, cutting an estimated $1.01B.
- First Command Advisory Services fully exited Bank of America in Q2 2023, selling an estimated $362K.
- First Command Advisory Services's ten largest holdings make up 100% of its $6.23B portfolio in Q2 2023.
- First Command Advisory Services opened 55 new positions and closed 98 in Q2 2023.
- First Command Advisory Services's portfolio value rose 6.6% quarter-over-quarter to $6.23B.
Based on First Command Advisory Services's 13F filing for Q2 2023, filed 21 Jul 2023.