First Command Bank Portfolio holdings

First Command Bank's Q2 2018 Portfolio in Review

As of Q2 2018, First Command Bank held 441 positions worth $342M, up 85% from $185M the previous quarter. Its ten largest holdings account for 56% of the portfolio.

First Command Bank deployed $156M of net new capital in Q2 2018, opening 19 new positions and adding to 101 existing holdings. Its largest new stake was Truist Financial: 6,845 shares worth $345K.

By sector, the portfolio is most concentrated in Industrials at 5.8% of assets, down from 6.2% a quarter earlier, followed by Energy and Financials.

On the sell side, the largest reduction was JPMorgan Chase, an estimated $169K trimmed.

• First Command Bank's largest Q2 2018 buy was Truist Financial: 6,845 shares worth $345K.
• First Command Bank added most to Vanguard Real Estate ETF in Q2 2018, an estimated $17.2M increase.
• First Command Bank's biggest Q2 2018 reduction was JPMorgan Chase, cutting an estimated $169K.
• First Command Bank fully exited Edison International in Q2 2018, selling an estimated $155K.
• First Command Bank's ten largest holdings make up 56% of its $342M portfolio in Q2 2018.
• First Command Bank opened 19 new positions and closed 47 in Q2 2018.
• First Command Bank's portfolio value rose 85% quarter-over-quarter to $342M.

Based on First Command Bank's 13F filing for Q2 2018, filed 20 Jul 2018.