First Command Bank Portfolio holdings

First Command Bank's Q2 2020 Portfolio in Review

As of Q2 2020, First Command Bank held 367 positions worth $313M, up 70% from $184M the previous quarter. Its ten largest holdings account for 72% of the portfolio.

First Command Bank deployed $99M of net new capital in Q2 2020, opening 18 new positions and adding to 50 existing holdings. Its largest new stake was Vanguard Morningstar Growth ETF: 41,118 shares worth $1.39M.

By sector, the portfolio is most concentrated in Miscellaneous at 78% of assets, up from 66% a quarter earlier, followed by Technology and Industrials.

On the sell side, the largest reduction was Invesco BulletShares 2023 Corporate Bond ETF, an estimated $7.28M trimmed.

• First Command Bank's largest Q2 2020 buy was Vanguard Morningstar Growth ETF: 41,118 shares worth $1.39M.
• First Command Bank added most to iShares Core MSCI EAFE ETF in Q2 2020, an estimated $32.9M increase.
• First Command Bank's biggest Q2 2020 reduction was Invesco BulletShares 2023 Corporate Bond ETF, cutting an estimated $7.28M.
• First Command Bank fully exited Raytheon Company in Q2 2020, selling an estimated $518K.
• First Command Bank's ten largest holdings make up 72% of its $313M portfolio in Q2 2020.
• First Command Bank opened 18 new positions and closed 48 in Q2 2020.
• First Command Bank's portfolio value rose 70% quarter-over-quarter to $313M.

Based on First Command Bank's 13F filing for Q2 2020, filed 17 Jul 2020.