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First Command Advisory Services, Inc.

1 FIRSTCOMM PLAZA, FORT WORTH, TX 76132 • 817-731-8621

Q4 2025 · Filed 2026-02-11
Market Value
$14.3B
+4.0%
Holdings
796
+142
New Purchases
185
Added To
282
Closed
39
Reduced
98
Top 10 Concentration
87.3%
Turnover
28.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPLG 1.94% 1.52% +0.42% $279M
IDEV 0.94% 0.78% +0.16% $135M
GNR 2.32% 2.17% +0.15% $333M
IUSB 0.87% 0.75% +0.13% $125M
SPMD 0.64% 0.54% +0.10% $92M
IEMG 0.22% 0.19% +0.03% $32M
DEXC 0.77% 0.74% +0.03% $111M
SPSB 0.21% 0.18% +0.03% $29M
SPSM 0.21% 0.18% +0.03% $30M
USHY 0.18% 0.16% +0.03% $27M
EMB 0.16% 0.13% +0.02% $23M
LLY 0.02% 0.01% +0.01% $3M
GOOG 0.02% 0.02% +0.01% $4M
DFIV 0.17% 0.16% +0.01% $24M
SLV 0.02% 0.01% +0.01% $3M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IVV 44.39% 44.75% -0.37% $6.4B
QQQM 8.37% 8.55% -0.19% $1.2B
IJR 5.42% 5.53% -0.11% $778M
IJH 7.21% 7.30% -0.09% $1.0B
EWJ 2.81% 2.89% -0.08% $403M
DYNF 9.59% 9.66% -0.07% $1.4B
VO 1.15% 1.19% -0.04% $165M
VB 0.36% 0.38% -0.02% $51M
DGRO 0.73% 0.76% -0.02% $105M
DFAS 0.55% 0.57% -0.02% $79M
VNQ 0.37% 0.39% -0.02% $53M
VOO 0.15% 0.17% -0.02% $22M
SPYG 0.54% 0.55% -0.02% $77M
SPYD 0.27% 0.28% -0.01% $39M
SPHQ 0.76% 0.78% -0.01% $110M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 99.0%
Technology 0.3%
Industrials 0.2%
Consumer Cyclical 0.1%
Energy 0.1%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 75 $6.7B 46.5%
Large Cap 522 $7.1B 49.6%
Mid Cap 135 $425M 3.0%
Small Cap 45 $115M 0.8%
Micro Cap 19 $22M 0.2%

Portfolio Analytics

Avg Market Cap
$114.8B
Median Market Cap
$31.0B
Avg P/E
31.3
Median P/E
22.6
Avg Dividend Yield
0.02%
Avg Beta
0.94
# Stocks
591
# ETFs / Funds
206

Top Holdings (796 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 IVV 44.39% 9,298,304 $6.4B $684.94 $193M +71,557 +0.8%
2 DYNF 9.59% 22,637,020 $1.4B $60.81 $43M +115,739 +0.5%
3 QQQM 8.37% 4,747,672 $1.2B $252.92 $20M -29,099 -0.6%
4 IJH 7.21% 15,669,801 $1.0B $66.00 $27M +230,307 +1.5%
5 IJR 5.42% 6,469,879 $778M $120.18 $15M +53,913 +0.8%
6 IWP 3.66% 3,839,481 $526M $136.94 $20M +284,943 +8.0%
7 EWJ 2.81% 4,993,457 $403M $80.74 $4M +13,894 +0.3%
8 GNR 2.32% 5,359,762 $333M $62.14 $33M +292,774 +5.8%
9 SPLG 1.94% 3,471,741 $279M $80.22 $69M +793,178 +29.6%
10 IEFA 1.63% 2,613,675 $234M $89.46 $9M +33,373 +1.3%
11 VO 1.15% 567,215 $165M $290.22 $232K +7,588 +1.4%
12 IDEV 0.94% 1,630,797 $135M $82.48 $27M +287,340 +21.4%
13 IUSB 0.87% 2,694,661 $125M $46.54 $22M +483,836 +21.9%
14 DEXC 0.77% 1,832,713 $111M $60.52 $9M +22,498 +1.2%
15 SPHQ 0.76% 1,460,967 $110M $75.05 $3M +113 +0.0%
16 DGRO 0.73% 1,513,906 $105M $69.42 $869K -17,029 -1.1%
17 SPMD 0.64% 1,590,578 $92M $57.91 $17M +278,553 +21.2%
18 IAU 0.62% 1,100,749 $89M $81.17 $3M -87,439 -7.4%
19 DFAS 0.55% 1,130,069 $79M $69.67 -$114K -21,634 -1.9%
20 SPYG 0.54% 722,548 $77M $106.70 $832K -7,182 -1.0%
21 VGSH 0.46% 1,125,904 $66M $58.73 $1M +26,442 +2.4%
22 VNQ 0.37% 601,250 $53M $88.49 -$741K +11,167 +1.9%
23 VB 0.36% 199,609 $51M $257.95 -$1M -7,622 -3.7%
24 SPYD 0.27% 900,437 $39M $43.25 -$190K +11,038 +1.2%
25 IEMG 0.22% 477,653 $32M $67.22 $6M +78,893 +19.8%
26 SCHD 0.22% 1,158,286 $32M $27.43 $2M +51,253 +4.6%
27 SPSM 0.21% 649,968 $30M $46.86 $5M +102,894 +18.8%
28 SPSB 0.21% 976,410 $29M $30.20 $5M +172,617 +21.5%
29 DFAT 0.20% 485,284 $29M $59.54 -$475K -19,243 -3.8%
30 USHY 0.18% 709,628 $27M $37.40 $5M +127,114 +21.8%
31 INTF 0.18% 702,540 $27M $37.75 $1M +4,878 +0.7%
32 DFIV 0.17% 479,786 $24M $49.90 $2M +5,624 +1.2%
33 EMB 0.16% 236,875 $23M $96.28 $4M +41,217 +21.1%
34 VOO 0.15% 34,582 $22M $627.12 -$1M -2,957 -7.9%
35 OMFS 0.15% 478,524 $21M $44.47 $638K +9,223 +2.0%
36 TBLL 0.10% 140,687 $15M $105.65 -$451K -4,278 -3.0%
37 AAPL 0.09% 48,654 $13M $271.86 $836K -10 -0.0%
38 MSFT 0.08% 25,162 $12M $483.62 $58K +1,779 +7.6%
39 GSLC 0.05% 52,132 $7M $132.37 -$355K -3,562 -6.4%
40 IXUS 0.05% 76,743 $6M $84.64 -$274K -5,232 -6.4%
41 BRK-B 0.04% 12,732 $6M $502.65 $448K +893 +7.5%
42 AMZN 0.04% 25,556 $6M $230.82 $772K +2,206 +9.4%
43 NVDA 0.04% 30,650 $6M $186.50 -$11K -48 -0.2%
44 XOM 0.04% 42,312 $5M $120.34 $235K -761 -1.8%
45 JPM 0.03% 11,184 $4M $322.22 $248K +545 +5.1%
46 CVX 0.03% 23,615 $4M $152.41 $455K +3,369 +16.6%
47 GOOG 0.02% 11,308 $4M $313.80 $1M +2,317 +25.8%
48 VTI 0.02% 10,532 $4M $335.26 $739K +2,026 +23.8%
49 NOC 0.02% 5,909 $3M $570.21 -$140K +149 +2.6%
50 PG 0.02% 22,703 $3M $143.31 -$207K +179 +0.8%
51 JNJ 0.02% 14,419 $3M $206.95 $513K +1,091 +8.2%
52 VIG 0.02% 13,139 $3M $219.78 -$116K -780 -5.6%
53 LMT 0.02% 5,855 $3M $483.67 $35K +252 +4.5%
54 SLV 0.02% 41,682 $3M $64.42 $1M +3,557 +9.3%
55 GOOGL 0.02% 8,360 $3M $313.00 $386K -817 -8.9%
56 LLY 0.02% 2,335 $3M $1,074.68 $1M +951 +68.7%
57 WMT 0.02% 22,082 $2M $111.41 $414K +2,228 +11.2%
58 IVW 0.01% 16,693 $2M $123.26 $42K
59 HD 0.01% 5,919 $2M $344.10 -$377K -37 -0.6%
60 V 0.01% 5,701 $2M $350.71 -$33K -253 -4.2%
61 META 0.01% 2,981 $2M $660.09 -$241K -27 -0.9%
62 RTX 0.01% 10,351 $2M $183.40 $169K +17 +0.2%
63 ABBV 0.01% 7,424 $2M $228.49 $45K +290 +4.1%
64 CSCO 0.01% 21,983 $2M $77.03 $494K +4,451 +25.4%
65 AXP 0.01% 4,562 $2M $369.95 $229K +170 +3.9%
66 SPY 0.01% 2,384 $2M $681.92 $16K -32 -1.3%
67 MCD 0.01% 5,299 $2M $305.63 $65K +184 +3.6%
68 UNP 0.01% 6,691 $2M $231.32 -$20K +58 +0.9%
69 CAT 0.01% 2,649 $2M $572.87 $156K -204 -7.2%
70 BA 0.01% 6,487 $1M $217.12 -$335K -1,589 -19.7%
71 VUG 0.01% 2,811 $1M $487.87 -$78K -212 -7.0%
72 VXUS 0.01% 17,526 $1M $75.44 -$62K -1,313 -7.0%
73 ABT 0.01% 10,188 $1M $125.29 -$63K +186 +1.9%
74 KO 0.01% 17,900 $1M $69.91 $26K -573 -3.1%
75 COST 0.01% 1,437 $1M $862.34 -$61K +32 +2.3%
76 ORCL 0.01% 6,332 $1M $194.91 -$526K +74 +1.2%
77 LHX 0.01% 3,877 $1M $293.57 -$21K +81 +2.1%
78 MRK 0.01% 10,639 $1M $105.26 $352K +1,486 +16.2%
79 PEP 0.01% 7,782 $1M $143.52 $35K +79 +1.0%
80 QQQ 0.01% 1,797 $1M $614.31 $27K +3 +0.2%
81 T 0.01% 44,145 $1M $24.84 $204K +12,526 +39.6%
82 GE 0.01% 3,543 $1M $308.03 $189K +544 +18.1%
83 CSX 0.01% 29,776 $1M $36.25 $216K +5,463 +22.5%
84 TSLA 0.01% 2,394 $1M $449.72 $154K +320 +15.4%
85 BSMQ 0.01% 45,272 $1M $23.64 -$319K -13,542 -23.0%
86 BAH 0.01% 12,627 $1M $84.36 -$302K -1,055 -7.7%
87 BAC 0.01% 19,105 $1M $55.00 $121K +1,084 +6.0%
88 IBM 0.01% 3,459 $1M $296.21 $59K +36 +1.1%
89 AVGO 0.01% 2,860 $990K $346.10 -$159K -623 -17.9%
90 CMI 0.01% 1,925 $983K $510.45 $175K +12 +0.6%
91 BSCQ 0.01% 49,320 $965K $19.58 -$377K -19,328 -28.2%
92 DUK 0.01% 8,225 $964K $117.21 -$43K +91 +1.1%
93 BSCR 0.01% 47,513 $938K $19.74 -$378K -19,236 -28.8%
94 NFLX 0.01% 9,914 $930K $93.76 -$63K +9,086 +1097.3%
95 CEG 0.01% 2,623 $927K $353.27 $295K +704 +36.7%
96 IVE 0.01% 4,182 $887K $212.07 $7K -81 -1.9%
97 LUV 0.01% 21,371 $883K $41.33 $221K +631 +3.0%
98 SHOP 0.01% 5,008 $806K $160.97 $72K +70 +1.4%
99 LDOS 0.01% 4,404 $794K $180.40 $179K +1,148 +35.3%
100 IWF 0.01% 1,629 $771K $473.33 $27K +40 +2.5%

New Positions

SymbolValue% Port
CVSA $613K —%
DFGR $374K —%
SCHB $203K —%
AVUV $97K —%
AOS $81K —%
SPDW $78K —%
ARCC $65K —%
RPG $54K —%
HCA $49K —%
NGG $46K —%
NOBL $45K —%
BDX $39K —%
EIM $39K —%
FDL $38K —%
BOTZ $35K —%

Sold Out Positions

SymbolValue% Port
ATR —%
ARMK —%
M —%
NIO —%
MFC —%
PUK —%
HOG —%
UL —%
CHH —%
MKL —%
RHI —%
FR —%
INVH —%
GDDY —%
TTC —%
View SEC EDGAR Filings for First Command Advisory Services, Inc. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms