First Command Bank Portfolio holdings

First Command Bank's Q1 2020 Portfolio in Review

As of Q1 2020, First Command Bank held 401 positions worth $184M, down 13% from $211M the previous quarter. Its ten largest holdings account for 56% of the portfolio.

First Command Bank deployed $8.03M of net new capital in Q1 2020, opening 37 new positions and adding to 62 existing holdings. Its largest new stake was Ecolab: 8,975 shares worth $1.4M.

By sector, the portfolio is most concentrated in Industrials at 5.8% of assets, down from 7.3% a quarter earlier, followed by Technology and Consumer Staples.

On the sell side, the largest reduction was Invesco BulletShares 2020 Corporate Bond ETF, an estimated $3.11M trimmed.

• First Command Bank's largest Q1 2020 buy was Ecolab: 8,975 shares worth $1.4M.
• First Command Bank added most to iShares Core S&P 500 ETF in Q1 2020, an estimated $6.61M increase.
• First Command Bank's biggest Q1 2020 reduction was Invesco BulletShares 2020 Corporate Bond ETF, cutting an estimated $3.11M.
• First Command Bank fully exited Invesco BulletShares 2024 Corporate Bond ETF in Q1 2020, selling an estimated $8.54M.
• First Command Bank's ten largest holdings make up 56% of its $184M portfolio in Q1 2020.
• First Command Bank opened 37 new positions and closed 52 in Q1 2020.
• First Command Bank's portfolio value fell 13% quarter-over-quarter to $184M.

Based on First Command Bank's 13F filing for Q1 2020, filed 20 Apr 2020.