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First Command Advisory Services, Inc. — 13F Holdings & Portfolio

CIK 1727336 · latest 13F-HR filed 2026-08-10

Backtest portfolio

First Command Advisory Services, Inc. manages $16.82B in 13F-reported U.S. long-equity assets across 1,437 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are IVV (36.57%), DYNF (12.09%), QQQM (8.06%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 244 new positions and exited 149; 646 existing positions rose in reported value and 273 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$16.82B

Long-equity book

Holdings
1,437

Distinct positions

Period
2026-06-30

Filed 2026-08-10

Q/Q Activity
+244 / −149 / ↑646 / ↓273

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
IVV38.8% · -0%DYNF12.1% · +2%QQQM8.1% · -6%IJH7.4% · +2%IJR5.8% · +2%DFAI3.7% · +2%IWP3.4% · -0%SPYM2.6% · +16%EWJ2.5% · +2%GNR2.0% · -3%IEFA1.4% · -7%IUSB1.0% · +17%IDEV1.0% · +12%SPMD0.8% · +12%VO0.7% · +164%AVES0.7% · +2%DEXC0.7% · -20%DGRO0.7% · -5%SPHQ0.6% · -20%IEMG0.5% · +5%SPYG0.5% · -6%DFAS0.4% · -19%IAU0.4% · -18%SPSM0.3% · +11%VGSH0.2% · -37%SPSB0.2% · +14%SCHD0.2% · +2%VB0.2% · -36%VNQ0.2% · -33%SPYD0.2% · -16%USHY0.2% · +14%EMB0.2% · +13%DFAT0.2% · -19%INTF0.1% · +2%DFIV0.1% · -7%OMFS0.1% · -12%TBLL0.1% · -4%VOO0.1% · -38%AAPL0.1% · -6%MUB0.1% · +18122%NVDA0.1% · +54%DFGR0.1% · +380%MSFT0.0% · -18%IXUS0.0% · -13%MGNR0.0% · +472%AMZN0.0% · +6%GSLC0.0% · -16%BRK.B0.0% · -18%XOM0.0% · -21%GOOG0.0% · +1%CVX0.0% · -1%GOOGL0.0% · -2%JPM0.0% · -16%CAT0.0% · -6%PG0.0% · -11%LLY0.0% · -11%JNJ0.0% · -27%NOC0.0% · -20%SLV0.0% · -2%CSCO0.0% · -23%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 86.4%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People
Assets Under Management
$24.43B
Discretionary
$24.43B
Employees
1,787
Accounts
113,591
Address
1 FIRSTCOMM PLAZA
FORT WORTH, TX 76109
Phone
(817) 731-8621
Website
Mailing Address
PO BOX 2387, FORT WORTH, TX, 76113-2387
This firm reports 6 disclosure items on its registration.
Name Title / Status Ownership Type
CADDELL, TINA, KATHERINE ControlVICE PRESIDENT, OPERATIONSLess than 5%Individual
Cerbone, Heidi, Elizabeth ControlVICE PRESIDENT AND TREASURERLess than 5%Individual
FIRST COMMAND FINANCIAL SERVICES, INC. ControlSTOCKHOLDER/OWNER75% or moreDomestic Entity
SMITH, FRANK, DEAN ControlSENIOR VICE PRESIDENT - CHIEF INFORMATION SECURITY OFFICER & CHIEF TECHNOLOGY OFFICERLess than 5%Individual
STEFFE, MARK, DUANE ControlPRESIDENT AND CEOLess than 5%Individual
Chartan, EricSENIOR VICE PRESIDENT, CHIEF LEGAL OFFICERLess than 5%Individual
GRIFFIN, CASEY, JAMESSENIOR VICE PRESIDENT, CHIEF COMPLIANCE OFFICERLess than 5%Individual
RICHTER, KELLEEN, MARIEEXECUTIVE VICE PRESIDENT, CHIEF OPERATING OFFICERLess than 5%Individual

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

First Command Advisory Services, Inc. Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 iShares Core S&P 500 ETF IVV 464287200 $6.15B 36.57% 8,213,908 SH
2 iShares U.S. Equity Factor Rot DYNF 09290C103 $2.03B 12.09% 29,895,099 SH
3 Invesco Nasdaq 100 ETF QQQM 46138G649 $1.36B 8.06% 4,474,745 SH
4 iShares Core S&P Mid-Cap ETF IJH 464287507 $1.23B 7.34% 16,005,441 SH
5 iShares Core S&P Small-Cap ETF IJR 464287804 $977.3M 5.81% 6,589,785 SH
6 Dimensional International Core DFAI 25434V203 $630.0M 3.75% 15,272,021 SH
7 iShares Russell Mid-Cap Growth IWP 464287481 $545.8M 3.24% 3,727,714 SH
8 State Street SPDR Portfolio S& SPYM 78464A854 $433.6M 2.58% 4,934,249 SH
9 iShares MSCI Japan ETF EWJ 46434G822 $419.2M 2.49% 4,494,558 SH
10 iShares Core S&P 500 ETF IVV 464287200 $373.0M 2.22% 498,124 SH
11 State Street SPDR S&P Global N GNR 78463X541 $343.4M 2.04% 5,101,362 SH
12 iShares Core MSCI EAFE ETF IEFA 46432F842 $233.0M 1.39% 2,414,105 SH
13 iShares Core Universal USD Bon IUSB 46434V613 $167.8M 1.00% 3,635,592 SH
14 iShares Core MSCI Internationa IDEV 46435G326 $166.2M 0.99% 1,867,431 SH
15 State Street SPDR Portfolio S& SPMD 78464A847 $137.7M 0.82% 2,038,889 SH
16 Vanguard Mid-Cap ETF VO 922908629 $119.4M 0.71% 1,482,046 SH
17 Avantis Emerging Markets Value AVES 025072372 $119.2M 0.71% 1,816,551 SH
18 Dimensional Emerging Markets e DEXC 25434V534 $116.8M 0.69% 1,415,065 SH
19 iShares Core Dividend Growth E DGRO 46434V621 $109.4M 0.65% 1,443,278 SH
20 Invesco Exchange-Traded Fund T SPHQ 46137V241 $103.3M 0.61% 1,146,360 SH
21 iShares Core MSCI Emerging Mar IEMG 46434G103 $82.2M 0.49% 992,649 SH
22 State Street SPDR Portfolio S& SPYG 78464A409 $79.6M 0.47% 669,039 SH
23 Dimensional US Small Cap ETF DFAS 25434V500 $73.0M 0.43% 887,282 SH
24 iShares Gold Trust IAU 464285204 $51.6M 0.31% 683,692 SH
25 State Street SPDR Portfolio S& SPSM 78468R853 $47.2M 0.28% 818,472 SH
26 Vanguard Short-Term Treasury E VGSH 92206C102 $40.1M 0.24% 689,411 SH
27 State Street SPDR Portfolio Sh SPSB 78464A474 $38.5M 0.23% 1,282,848 SH
28 Schwab US Dividend Equity ETF SCHD 808524797 $38.1M 0.23% 1,202,241 SH
29 Vanguard Small-Cap ETF VB 922908751 $38.1M 0.23% 125,748 SH
30 Vanguard Real Estate ETF VNQ 922908553 $37.1M 0.22% 384,757 SH
31 State Street SPDR Portfolio S& SPYD 78468R788 $34.8M 0.21% 729,859 SH
32 iShares Broad USD High Yield C USHY 46435U853 $34.4M 0.20% 930,168 SH
33 iShares Russell Mid-Cap Growth IWP 464287481 $31.3M 0.19% 213,961 SH
34 iShares J.P. Morgan USD Emergi EMB 464288281 $29.7M 0.18% 307,576 SH
35 Dimensional US Targeted Value DFAT 25434V609 $27.0M 0.16% 387,111 SH
36 iShares International Equity F INTF 46434V274 $24.5M 0.15% 598,639 SH
37 Dimensional International Valu DFIV 25434V807 $24.3M 0.14% 449,915 SH
38 Invesco Russell 2000 Dynamic M OMFS 46138J593 $22.2M 0.13% 416,274 SH
39 Invesco Short Term Treasury ET TBLL 46138G888 $15.2M 0.09% 144,257 SH
40 Vanguard S&P 500 ETF VOO 922908363 $15.0M 0.09% 21,890 SH
41 Apple Inc AAPL 037833100 $13.1M 0.08% 45,356 SH
42 iShares Gold Trust IAU 464285204 $12.5M 0.07% 165,520 SH
43 iShares National Muni Bond ETF MUB 464288414 $12.0M 0.07% 111,682 SH
44 NVIDIA Corp NVDA 67066G104 $9.7M 0.06% 48,457 SH
45 Dimensional Global Real Estate DFGR 25434V658 $9.3M 0.06% 320,787 SH
46 iShares Core MSCI Total Intern IXUS 46432F834 $7.6M 0.05% 79,433 SH
47 American Beacon GLG Natural Re MGNR 02368W408 $7.1M 0.04% 146,016 SH
48 Amazon.com Inc AMZN 023135106 $6.6M 0.04% 27,671 SH
49 Microsoft Corp MSFT 594918104 $6.2M 0.04% 16,696 SH
50 Berkshire Hathaway Inc BRK.B 084670702 $5.3M 0.03% 10,537 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-10 $16.82B 1,437 0001727336-26-000009
2026-03-31 2026-05-07 $14.85B 1,332 0001727336-26-000006
2025-12-31 2026-02-11 $14.35B 795 0001727336-26-000001
Filer Information
Address
1 FIRSTCOMM PLAZA
FORT WORTH, TX 76132
Phone
(817) 731-8621
Filing Manager
First Command Advisory Services, Inc.
FORT WORTH, TX
Signatory
Brenda Glover
Compliance Officer