First Command Advisory Services, Inc.

Adviser

CIK

1727336

Location

FORT WORTH, TX

Portfolio Value

Large $16,814,672,950

Diversification

Highly concentrated

Filing Date

Global Rank

#387 / 8,818 ▼ 11

Top Industry

Asset Management 89.1%

Period ended 4 months ago

Filed Aug 10, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

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

Holder type

Adviser

Schedule 13G, Oct 6, 2026

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 96.4% of the book (60%+)

Turnover

Low turnover

12.8% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 17.9 quarters (12+), a floor since 54.4% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 91.3%; sector active share 78.1% against the combined 13F book's sector weights.

Over time 26 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.

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Portfolio Concentration

977 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

57.2%

+1.0 pts

Top 5

86.7%

+2.1 pts

Top 10

96.4%

+0.8 pts

HHI

3,550

Highly concentrated+131

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	90.9%	$15,291,269,020	193
Financial Services	8.2%	$1,377,286,236	144
Technology	0.3%	$51,420,792	136
Industrials	0.1%	$24,102,985	103
Consumer Cyclical	0.1%	$15,197,280	85
Healthcare	0.1%	$13,226,955	75
Communication Services	0.1%	$12,840,882	38
Energy	0.1%	$11,332,225	36
Consumer Defensive	0.1%	$11,323,214	49
Utilities	0.0%	$4,347,936	42
Basic Materials	0.0%	$1,396,814	40
Real Estate	0.0%	$928,611	36

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
VO	VANGUARD MID-CAP INDEX FUND	+920,449	1,482,046	$119,408,446
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	+681,758	4,934,249	$433,621,802
DYNF	iShares U.S. Equity Factor Rotation Active ETF	+675,201	29,895,099	$2,033,165,682
IUSB	iShares Core Universal USD Bond ETF	+528,622	3,635,592	$167,782,570
DFAI	Dimensional International Core Equity Market ETF	+359,333	15,272,021	$629,970,866
DFGR	Dimensional Global Real Estate ETF	+253,882	320,787	$9,293,199
IJH	iShares Core S&P Mid-Cap ETF	+252,929	16,051,579	$1,237,737,256
SPMD	State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF	+211,146	2,038,889	$137,747,340
IDEV	iShares Core MSCI International Developed Markets ETF	+199,006	1,867,431	$166,220,033
SPSB	State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF	+160,704	1,282,848	$38,498,268
MGNR	American Beacon GLG Natural Resources ETF	+120,498	146,016	$7,089,076
USHY	iShares Broad USD High Yield Corporate Bond ETF	+113,080	930,168	$34,434,819
MUB	iShares National Muni Bond ETF	+111,815	112,432	$12,099,931
IJR	iShares Core S&P Small-Cap ETF	+95,383	6,608,310	$980,078,455
EWJ	iShares MSCI Japan ETF	+86,376	4,494,558	$419,207,424
—		+79,665	818,472	$47,201,280
IEMG	iShares Trust	+50,624	992,649	$82,231,043
AVES	Avantis Emerging Markets Value ETF	+39,159	1,816,551	$119,165,745
EMB	iShares J.P. Morgan USD Emerging Markets Bond ETF	+35,778	307,609	$29,665,811
SCHD	Schwab U.S. Dividend Equity ETF	+26,811	1,206,375	$38,254,151
ERIC	Ericsson Lm Telephone Co	+23,799	32,973	$367,648
BSCV		+17,865	31,488	$515,930
NVDA	Nvidia Corp	+16,974	48,457	$9,695,761
LYG	Lloyds Banking Group plc	+14,472	14,837	$86,499
TAK	Takeda Pharmaceutical Co Ltd	+14,429	19,934	$319,542
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	−407,536	689,411	$40,123,720
DEXC	Dimensional Emerging Markets ex China Core Equity ETF	−358,937	1,415,065	$116,901,349
QQQM	Invesco Ltd.	−289,772	4,474,745	$1,355,713,492
SPHQ	Invesco S&P 500 Quality ETF	−285,871	1,146,360	$103,287,036
DFAS	Dimensional U.S. Small Cap ETF	−204,881	887,282	$73,058,799
IEFA	iShares Core MSCI EAFE ETF	−193,044	2,414,105	$233,154,260
VNQ	VANGUARD REAL ESTATE INDEX FUND	−186,084	384,757	$37,102,117
GNR	State Street(R) SPDR(R) S&P(R) Global Natural Resources ETF	−180,458	5,101,362	$343,372,676
IAU	Ishares Gold Trust	−180,355	849,212	$64,123,997
—		−137,426	729,859	$34,821,572
DFAT	Dimensional U.S. Targeted Value ETF	−92,280	387,111	$27,059,058
DGRO	iShares Core Dividend Growth ETF	−76,927	1,443,278	$109,386,039
VB	Vanguard Index Funds	−69,459	125,748	$38,116,733
OMFS	Invesco Russell 2000 Dynamic Multifactor ETF	−58,790	416,274	$22,204,055
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	−45,203	669,039	$79,608,950
DFIV	Dimensional International Value ETF	−33,276	449,915	$24,304,408
BSMQ	Invesco BulletShares 2026 Municipal Bond ETF	−22,759	3,443	$81,065
IVV	iShares Core S&P 500 ETF	−20,950	8,712,032	$6,524,353,644
BSMR	Invesco BulletShares 2027 Municipal Bond ETF	−20,581	6,875	$162,525
CSX	Csx Corp	−17,229	12,788	$607,813
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−14,609	3,706	$1,371,368
VOO	VANGUARD 500 INDEX FUND	−13,602	21,890	$15,034,270
BSMS	Invesco BulletShares 2028 Municipal Bond ETF	−12,448	6,934	$162,532
IXUS	iShares Core MSCI Total International Stock ETF	−11,806	79,433	$7,581,085
BSMT	Invesco BulletShares 2029 Municipal Bond ETF	−11,512	2,181	$50,228
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
GTO	Invesco Total Return Bond ETF	43,871	$2,056,233
FBND	Fidelity Total Bond ETF	4,589	$208,753
HONA	Honeywell Aerospace Inc.	819	$181,064
FMDE	Fidelity Enhanced Mid Cap Core ETF	3,660	$148,522
BKMI		5,086	$134,484
SPHY	State Street(R) SPDR(R) Portfolio High Yield Bond ETF	5,697	$133,537
FLOT	iShares Floating Rate Bond ETF	2,137	$109,093
NTES	NetEase, Inc.	689	$88,288
STM	STMicroelectronics N.V.	997	$74,665
BMOP		2,853	$71,924
FDXF	FedEx Freight Holding Company, Inc.	444	$67,044
LRGE	Legg Mason ETF Investment Trust	677	$57,991
SPCX	Space Exploration Technologies Corp	333	$56,896
USRT	iShares Core U.S. REIT ETF	725	$48,176
FMX	Mexican Economic Development Inc	308	$39,393
ITOT	iShares Core S&P Total U.S. Stock Market ETF	212	$34,825
KEY	Keycorp	1,120	$25,816
KXIAY	Kioxia Holdings Corporation	436	$25,789
DVY	iShares Select Dividend ETF	146	$22,819
XAR	State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF	73	$20,716
FNMA	Federal National Mortgage Association Fannie Mae	3,000	$19,530
ARM	Arm Holdings PLC	51	$18,083
TECK	Teck Resources Ltd	300	$17,838
MLCO	Melco Resorts & Entertainment LTD	3,363	$17,723
SFL	SFL Corp Ltd.	1,656	$16,891
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	9,040	$665,705
WTAI	WisdomTree Artificial Intelligence and Innovation Fund	5,921	$167,149
J	Jacobs Solutions Inc.	787	$100,169
SPGP	Victory Portfolios II	730	$78,562
PNW	Pinnacle West Capital Corp	700	$70,525
VIGI	Vanguard Whitehall Funds	764	$67,583
DHS	WisdomTree U.S. High Dividend Fund	615	$67,170
FULT	Fulton Financial Corp	3,109	$63,237
VEA	Vanguard FTSE Developed Markets ETF	828	$53,058
FCN	Fti Consulting, Inc	296	$52,323
TRP	Tc Energy Corp	770	$48,202
ZTO	ZTO Express (Cayman) Inc.	1,895	$47,697
KRP	Kimbell Royalty Partners, LP	3,000	$43,410
MRNA	Moderna, Inc.	850	$43,180
VRT	Vertiv Holdings Co	141	$35,331
CNI	Canadian National Railway Co	330	$33,914
VMC	Vulcan Materials CO	121	$32,948
BOTZ	Global X Robotics & Artificial Intelligence ETF	969	$32,190
CWB	State Street(R) SPDR(R) Bloomberg Convertible Securities ETF	351	$32,123
—		600	$29,982
BVN	Buenaventura Mining Co Inc	822	$29,624
WDC	Western Digital Corp	100	$27,049
KT	Kt Corp	1,076	$23,080
WF	Woori Financial Group Inc.	319	$21,245
FNB	Fnb Corp	1,249	$20,883
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

977 tracked positions · $16,814,672,950 total · filing declares 1,437 positions · $16,819,784,720 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 977 positions by value · page 1 of 20

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
IVV	iShares Core S&P 500 ETF	Reduced	8,712,032	-20,950	$6,524,353,644	+14.4%	26+	before history	38.80%
DYNF	iShares U.S. Equity Factor Rotation Active ETF	Added	29,895,099	+675,201	$2,033,165,682	+19.6%	4	$57.77	12.09%
QQQM	Invesco Ltd. Financial Services	Reduced	4,474,745	-289,772	$1,355,713,492	+19.7%	13	$139.76	8.06%
IJH	iShares Core S&P Mid-Cap ETF	Added	16,051,579	+252,929	$1,237,737,256	+16.0%	26+	before history	7.36%
IJR	iShares Core S&P Small-Cap ETF	Added	6,608,310	+95,383	$980,078,455	+21.1%	26+	before history	5.83%
DFAI	Dimensional International Core Equity Market ETF	Added	15,272,021	+359,333	$629,970,866	+8.4%	2	$40.03	3.75%
		Reduced	3,941,675	-9,627	$577,100,636	+14.0%	12	$140.98	3.43%
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	Added	4,934,249	+681,758	$433,621,802	+33.2%	7	$75.82	2.58%
EWJ	iShares MSCI Japan ETF	Added	4,494,558	+86,376	$419,207,424	+12.6%	12	$68.38	2.49%
GNR	State Street(R) SPDR(R) S&P(R) Global Natural Resources ETF	Reduced	5,101,362	-180,458	$343,372,676	−12.9%	4	$57.01	2.04%
IEFA	iShares Core MSCI EAFE ETF	Reduced	2,414,105	-193,044	$233,154,260	−1.2%	26+	before history	1.39%
IUSB	iShares Core Universal USD Bond ETF	Added	3,635,592	+528,622	$167,782,570	+16.9%	9	unpriced	1.00%
IDEV	iShares Core MSCI International Developed Markets ETF	Added	1,867,431	+199,006	$166,220,033	+19.2%	10	unpriced	0.99%
SPMD	State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF	Added	2,038,889	+211,146	$137,747,340	+27.3%	10	$56.05	0.82%
VO	VANGUARD MID-CAP INDEX FUND	Added	1,482,046	+920,449	$119,408,446	−26.0%	12	unpriced	0.71%
AVES	Avantis Emerging Markets Value ETF	Added	1,816,551	+39,159	$119,165,745	+11.8%	2	$62.19	0.71%
DEXC	Dimensional Emerging Markets ex China Core Equity ETF	Reduced	1,415,065	-358,937	$116,901,349	+1.6%	6	$48.75	0.70%
DGRO	iShares Core Dividend Growth ETF	Reduced	1,443,278	-76,927	$109,386,039	+2.5%	26+	before history	0.65%
SPHQ	Invesco S&P 500 Quality ETF	Reduced	1,146,360	-285,871	$103,287,036	−4.1%	14	unpriced	0.61%
IEMG	iShares Trust	Added	992,649	+50,624	$82,231,043	—	12	unpriced	0.49%
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	Reduced	669,039	-45,203	$79,608,950	+13.8%	15	unpriced	0.47%
DFAS	Dimensional U.S. Small Cap ETF	Reduced	887,282	-204,881	$73,058,799	−6.0%	12	$57.19	0.43%
IAU	Ishares Gold Trust	Reduced	849,212	-180,355	$64,123,997	−29.4%	12	$36.51	0.38%
		Added	818,472	+79,665	$47,201,280	+32.2%	12	$45.54	0.28%
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	Reduced	689,411	-407,536	$40,123,720	−37.5%	12	$58.10	0.24%
SPSB	State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF	Added	1,282,848	+160,704	$38,498,268	+14.1%	8	$30.14	0.23%
SCHD	Schwab U.S. Dividend Equity ETF	Added	1,206,375	+26,811	$38,254,151	+5.7%	26+	before history	0.23%
VB	Vanguard Index Funds	Reduced	125,748	-69,459	$38,116,733	−25.4%	12	$204.89	0.23%
VNQ	VANGUARD REAL ESTATE INDEX FUND	Reduced	384,757	-186,084	$37,102,117	−26.7%	15	$83.55	0.22%
		Reduced	729,859	-137,426	$34,821,572	−11.8%	17	$38.06	0.21%
USHY	iShares Broad USD High Yield Corporate Bond ETF	Added	930,168	+113,080	$34,434,819	+14.4%	8	unpriced	0.20%
EMB	iShares J.P. Morgan USD Emerging Markets Bond ETF	Added	307,609	+35,778	$29,665,811	+16.2%	8	unpriced	0.18%
DFAT	Dimensional U.S. Targeted Value ETF	Reduced	387,111	-92,280	$27,059,058	−9.6%	12	$50.18	0.16%
INTF	iShares International Equity Factor ETF	Added	598,639	+11,470	$24,520,253	+7.2%	26+	before history	0.15%
DFIV	Dimensional International Value ETF	Reduced	449,915	-33,276	$24,304,408	−4.7%	12	$34.72	0.14%
OMFS	Invesco Russell 2000 Dynamic Multifactor ETF	Reduced	416,274	-58,790	$22,204,055	+3.3%	12	$37.13	0.13%
TBLL	Invesco Short Term Treasury ETF	Reduced	144,257	-5,403	$15,229,211	−3.6%	8	$105.62	0.09%
VOO	VANGUARD 500 INDEX FUND	Reduced	21,890	-13,602	$15,034,270	−29.1%	12	unpriced	0.09%
AAPL	Apple Inc. Technology	Reduced	45,356	-3,142	$13,124,212	+6.6%	22	unpriced	0.08%
MUB	iShares National Muni Bond ETF	Added	112,432	+111,815	$12,099,931	+18374.9%	2	unpriced	0.07%
NVDA	Nvidia Corp Technology	Added	48,457	+16,974	$9,695,761	+76.6%	12	unpriced	0.06%
DFGR	Dimensional Global Real Estate ETF	Added	320,787	+253,882	$9,293,199	+422.6%	3	$28.37	0.06%
MSFT	Microsoft Corp Technology	Reduced	21,136	-4,717	$7,884,149	−17.6%	12	$349.92	0.05%
IXUS	iShares Core MSCI Total International Stock ETF	Reduced	79,433	-11,806	$7,581,085	−4.1%	12	unpriced	0.05%
MGNR	American Beacon GLG Natural Resources ETF	Added	146,016	+120,498	$7,089,076	+438.6%	2	$52.36	0.04%
AMZN	Amazon Com Inc Consumer Cyclical	Added	27,671	+1,485	$6,595,106	+20.9%	9	$197.61	0.04%
GSLC	Goldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF	Reduced	40,950	-7,747	$5,810,394	−4.6%	26+	before history	0.03%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	10,537	-2,297	$5,272,609	−14.3%	12	$365.90	0.03%
XOM	ExxonMobil Holdings Corp Energy	Reduced	31,974	-8,527	$4,371,484	−36.4%	12	$109.92	0.03%
GOOG	Alphabet Inc. Communication Services	Added	11,908	+95	$4,207,453	+24.2%	9	$200.23	0.03%

Showing the top 50 of 977 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.