FIRST CITIZENS INVESTOR SERVICES, INC.

Registered adviser

CIK

1051487

Location

RALEIGH, NC

Portfolio Value

Micro $0

Filing Date

3Y Alpha vs SPY

-15.2%

Period ended 10 months ago

Filed Feb 5, 2026 · 9mo

2 quarters · since Sep 2025

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 44430

Roster of Nov 1, 2026

Regulatory AUM

$2,626,080,185

Main clients

Individuals and high net worth (99% of AUM)

LEI

254900AD3LRK7LR2H180

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$2,626,080,185	Individuals and high net worth (99%)
Apr 2025 to Mar 2026	$2,098,769,026	Individuals and high net worth (99%)
Apr 2024 to Mar 2025	$1,729,333,096	Individuals and high net worth (99%)
May 2023 to Mar 2024	$1,526,535,778	Individuals and high net worth (98%)
Apr 2023	$1,526,535,778	Individuals and high net worth (98%)
Apr 2022 to Mar 2023	$1,624,620,820	Individuals and high net worth (98%)

3 earlier changes not shown.

Stated strategy

Quantitative / systematic, Fundamental active, Value, Growth, Income, Fixed income / rates, Multi-asset, Wealth management / planning Form ADV Part 2A, Sep 17, 2026 · original

In the firm's words

Quantitative / systematic: FCIS and its Portfolio Managers use fundamental, quantitative, and technical analysis
Fundamental active: FCIS and its Portfolio Managers use fundamental, quantitative, and technical analysis
Value: identify a smaller universe of candidates that meet our criteria for growth, value, equity, and income (dividends).
Growth: identify a smaller universe of candidates that meet our criteria for growth, value, equity, and income (dividends).
Income: identify a smaller universe of candidates that meet our criteria for growth, value, equity, and income (dividends).
Fixed income / rates: the IAR will invest the client's funds in investment offerings like equities, fixed-income securities, mutual funds, and ETFs.
Multi-asset: FCIS uses both a risk-based and outcomes-based approach to asset allocation
Wealth management / planning: FCIS offers financial planning to clients to formulate investment strategies and provide investment advice and education more effectively.

Stated strategy

Quantitative / systematic, Fundamental active, Value, Growth, Income, Fixed income / rates, Multi-asset, Wealth management / planning Form ADV Part 2A, Mar 31, 2026 · original

In the firm's words

Quantitative / systematic: FCIS and its Portfolio Managers use fundamental, quantitative, and technical analysis in evaluating securities.
Fundamental active: FCIS and its Portfolio Managers use fundamental, quantitative, and technical analysis in evaluating securities.
Value: We use various financial databases to screen publicly traded companies to identify a smaller universe of candidates that meet our criteria for growth, value, equity, and income (dividends).
Growth: We use various financial databases to screen publicly traded companies to identify a smaller universe of candidates that meet our criteria for growth, value, equity, and income (dividends).
Income: We use various financial databases to screen publicly traded companies to identify a smaller universe of candidates that meet our criteria for growth, value, equity, and income (dividends).
Fixed income / rates: Using that investment policy statement, the IAR will invest the client funds in investment offerings like equities, fixed-income securities, mutual funds, and exchangetraded funds (“ETFs”).
Multi-asset: FCIS uses both a risk-based and outcomes-based approach to asset allocation
Wealth management / planning: FCIS offers financial planning to clients to formulate investment strategies and provide investment advice and education more effectively.

Portfolio style

Measured from the filed 13F common-share book for Dec 31, 2025, never from the firm's own description.

Style

Unknown

$0 of valued equity, under the $10,000,000 needed to band a style

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Horizon unknown

No valued positions

Closest benchmark: no common-share positions to compare.

Over time 2 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2025

Sector	% Portfolio	Value	Positions
Unclassified	0.0%	$0	22
Financial Services	0.0%	$0	1

Last Quarter's Activity

Export CSV

Dec 31, 2025 vs Sep 30, 2025

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

No qualifying positions this quarter.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

23 positions

Ticker	Company	Shares	Value
—		275,704	$75,446,399
—		441,747	$38,820,726
AGG	iShares Core U.S. Aggregate Bond ETF	297,831	$29,857,557
VCRB	VANGUARD CORE BOND ETF	369,293	$28,956,264
IEFA	iShares Core MSCI EAFE ETF	231,371	$20,201,002
IWS	iShares Russell Mid-Cap Value ETF	140,799	$19,665,396
—		88,640	$12,623,222
MUB	iShares National Muni Bond ETF	87,772	$9,346,840
VTWO	VANGUARD RUSSELL 2000 INDEX FUND	63,687	$6,229,862
DFIS	Dimensional International Small Cap ETF	80,728	$2,553,426
SCZ	iShares MSCI EAFE Small-Cap ETF	30,459	$2,336,814
AVUV	Avantis U.S. Small Cap Value ETF	12,463	$1,240,442
VYMI	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND	10,812	$915,560
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	4,159	$586,211
BKLN	Invesco Ltd.	22,914	$479,590
IEF	iShares 7-10 Year Treasury Bond ETF	4,944	$476,898
FALN	iShares Fallen Angels USD Bond ETF	16,296	$452,702
JNK	State Street(R) SPDR(R) Bloomberg High Yield Bond ETF	4,521	$443,012
ACWI	iShares MSCI ACWI ETF	3,176	$439,050
MBB	iShares MBS ETF	3,025	$287,828
VWOB	VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND	3,312	$221,572
EBND	State Street(R) SPDR(R) Bloomberg Emerging Markets Local Bond ETF	10,218	$218,256
IEMG	iShares Trust	105,711	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

23 tracked positions · $0 total · filing declares 23 positions · as of Dec 31, 2025

All sectors Financial Services

Ticker	Company	Type	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VTWO	VANGUARD RUSSELL 2000 INDEX FUND	Closed	-63,687	$0	−100.0%	—
VCRB	VANGUARD CORE BOND ETF	Closed	-369,293	$0	−100.0%	—
		Closed	-88,640	$0	−100.0%	—
		Closed	-275,704	$0	−100.0%	—
EBND	State Street(R) SPDR(R) Bloomberg Emerging Markets Local Bond ETF	Closed	-10,218	$0	−100.0%	—
JNK	State Street(R) SPDR(R) Bloomberg High Yield Bond ETF	Closed	-4,521	$0	−100.0%	—
VWOB	VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND	Closed	-3,312	$0	−100.0%	—
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	Closed	-4,159	$0	−100.0%	—
VYMI	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND	Closed	-10,812	$0	−100.0%	—
BKLN	Invesco Ltd. Financial Services	Closed	-22,914	$0	−100.0%	—
		Closed	-441,747	$0	−100.0%	—
AVUV	Avantis U.S. Small Cap Value ETF	Closed	-12,463	$0	−100.0%	—
DFIS	Dimensional International Small Cap ETF	Closed	-80,728	$0	−100.0%	—
ACWI	iShares MSCI ACWI ETF	Closed	-3,176	$0	−100.0%	—
AGG	iShares Core U.S. Aggregate Bond ETF	Closed	-297,831	$0	−100.0%	—
FALN	iShares Fallen Angels USD Bond ETF	Closed	-16,296	$0	−100.0%	—
IEF	iShares 7-10 Year Treasury Bond ETF	Closed	-4,944	$0	−100.0%	—
IEFA	iShares Core MSCI EAFE ETF	Closed	-231,371	$0	−100.0%	—
IEMG	iShares Trust	Closed	-105,711	$0	—	—
IWS	iShares Russell Mid-Cap Value ETF	Closed	-140,799	$0	−100.0%	—
MBB	iShares MBS ETF	Closed	-3,025	$0	−100.0%	—
MUB	iShares National Muni Bond ETF	Closed	-87,772	$0	−100.0%	—
SCZ	iShares MSCI EAFE Small-Cap ETF	Closed	-30,459	$0	−100.0%	—

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.