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 500 ETF
IVV
|
+$1.43B |
| 2 |
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
|
+$375M |
| 3 |
Schwab Fundamental US Small Company Index ETF
FNDA
|
+$255M |
| 4 |
iShares Global REIT ETF
REET
|
+$159M |
| 5 |
Goldman Sachs ActiveBeta Emerging Markets Equity ETF
GEM
|
+$123M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$615M |
| 2 |
Vanguard Short-Term Bond ETF
BSV
|
+$330M |
| 3 |
Vanguard Financials ETF
VFH
|
+$147M |
| 4 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$92.4M |
| 5 |
iShares Core Dividend Growth ETF
DGRO
|
+$83.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 100% |
| 2 | Technology | 0% |
| 3 | Consumer Discretionary | 0% |
| 4 | Consumer Staples | 0% |
| 5 | Healthcare | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
iShares Core S&P 500 ETF
IVV
$869B
| $1.44B | 57.11% |
5,272,457
+5,268,969
| +151,060% | +$1.43B |
2017 Q4
2 quarters
|
|
|
2
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$14.9B
| $376M | 14.9% |
6,861,731
+6,861,631
| +6,861,631% | +$375M |
2017 Q4
2 quarters
|
|
|
3
Schwab Fundamental US Small Company Index ETF
FNDA
$8.89B
| $261M | 10.36% |
13,083,102
+13,083,074
| +46,725,264% | +$255M |
2017 Q4
2 quarters
|
|
|
4
iShares Global REIT ETF
REET
$4.81B
| $163M | 6.45% |
+6,337,143
| New | +$159M |
2018 Q2
0 quarters
|
|
|
5
Goldman Sachs ActiveBeta Emerging Markets Equity ETF
GEM
$1.61B
| $115M | 4.58% |
3,477,852
+3,477,836
| +21,736,475% | +$123M |
2017 Q4
2 quarters
|
|
6
iShares International Equity Factor ETF
INTF
$3.69B
| $103M | 4.08% |
+3,719,848
| New | +$108M |
2018 Q2
0 quarters
|
|
7
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.4B
| $55.2M | 2.19% |
+981,764
| New | +$54.9M |
2018 Q2
0 quarters
|
|
8
Schwab US Dividend Equity ETF
SCHD
$120B
| $4.65M | 0.18% |
+282,426
| New | +$4.65M |
2018 Q2
0 quarters
|
|
|
9
iShares Core Dividend Growth ETF
DGRO
$45.2B
| $3.76M | 0.15% |
109,298
-2,422,969
| -96% | -$83.4M |
2017 Q4
2 quarters
|
|
10
Oracle
ORCL
$396B
| $40K | ﹤0.01% |
+900
| New | +$41.5K |
2018 Q2
0 quarters
|
|
11
Microsoft
MSFT
$3.88T
| $10K | ﹤0.01% |
+100
| New | +$9.7K |
2018 Q2
0 quarters
|
|
12
Cisco
CSCO
$412B
| $9K | ﹤0.01% |
+200
| New | +$8.74K |
2018 Q2
0 quarters
|
|
13
iShares Core S&P Small-Cap ETF
IJR
$105B
| $4K | ﹤0.01% |
48
+46
| +2,300% | +$3.75K |
2017 Q4
2 quarters
|
|
14
iShares Core MSCI EAFE ETF
IEFA
$190B
| $3K | ﹤0.01% |
49
-3,451
| -99% | -$228K |
2017 Q4
2 quarters
|
|
15
iShares Core MSCI Emerging Markets ETF
IEMG
$146B
| $3K | ﹤0.01% |
62
+43
| +226% | +$2.41K |
2017 Q4
2 quarters
|
|
16
iShares MSCI EAFE Growth ETF
EFG
$14.9B
| $1K | ﹤0.01% |
+10
| New | +$810 |
2018 Q2
0 quarters
|
|
17
iShares MSCI EAFE Small-Cap ETF
SCZ
$12.8B
| $1K | ﹤0.01% |
+12
| New | +$785 |
2018 Q2
0 quarters
|
|
18
iShares TIPS Bond ETF
TIP
$14.6B
| $1K | ﹤0.01% |
8
-10
| -56% | -$1.12K |
2017 Q4
2 quarters
|
|
19
State Street Energy Select Sector SPDR ETF
XLE
$46.4B
| $1K | ﹤0.01% |
36
+10
| +38% | +$372 |
2017 Q4
2 quarters
|
|
20
Alerian MLP ETF
AMLP
$13B
| – | – |
-173
| Closed | – | – |
|
21
Vanguard Intermediate-Term Bond ETF
BIV
$28.7B
| – | – |
-10
| Closed | – | – |
|
|
22
Vanguard Short-Term Bond ETF
BSV
$45.8B
| – | – |
-6,181,784
| Closed | -$330M | – |
|
23
PIMCO Investment Grade Corporate Bond Exchange-Traded Fund
CORP
$1.37B
| – | – |
-144
| Closed | – | – |
|
24
Capri Holdings
CPRI
$1.93B
| – | – |
-8
| Closed | -$1K | – |
|
25
Salesforce
CRM
$189B
| – | – |
-8
| Closed | – | – |
|
Similar funds
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.