First Command Financial Services Portfolio holdings

First Command Financial Services's Q2 2018 Portfolio in Review

As of Q2 2018, First Command Financial Services held 470 positions worth $342M, down 85% from $2.28B the previous quarter. Its ten largest holdings account for 56% of the portfolio.

First Command Financial Services withdrew a net $2.11B in Q2 2018, closing 76 positions and reducing 78 holdings. Its most notable exit was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $1.42B position sold in full.

By sector, the portfolio is most concentrated in Industrials at 5.8% of assets, up from 0.5% a quarter earlier, followed by Energy and Financials.

Against the trend, First Command Financial Services opened a new position in Truist Financial worth $345K.

• First Command Financial Services's largest Q2 2018 buy was Truist Financial: 6,845 shares worth $345K.
• First Command Financial Services added most to Vanguard Real Estate ETF in Q2 2018, an estimated $17.2M increase.
• First Command Financial Services's biggest Q2 2018 reduction was Vanguard Short-Term Bond ETF, cutting an estimated $483M.
• First Command Financial Services fully exited iShares iBoxx $ Investment Grade Corporate Bond ETF in Q2 2018, selling an estimated $1.42B.
• First Command Financial Services's ten largest holdings make up 56% of its $342M portfolio in Q2 2018.
• First Command Financial Services opened 19 new positions and closed 76 in Q2 2018.
• First Command Financial Services's portfolio value fell 85% quarter-over-quarter to $342M.

Based on First Command Financial Services's 13F filing for Q2 2018, filed 24 Jul 2018.