First Command Advisory Services, Inc.First Command Advisory Services, Inc.

Institutional investor · Portfolio as of Q4 2025

SEC EDGAR SourceSEC Filings

Top Holdings783 positions

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Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction
IVVIVV
ETF

ISHARES CORE S&P 500 ETF

9.3M$6.4B44.4%$356.30+93.63%
28 qtrssince 2019-Q1
Increased
62
DYNFDYNF
ETF

BLACKROCK ETF TRUST

22.6M$1.4B9.6%$58.91+3.97%
2 qtrssince 2025-Q3
Increased
62
QQQMQQQM
ETF

INVESCO NASDAQ 100 ETF

4.7M$1.2B8.4%$148.13+72.17%
11 qtrssince 2023-Q2
Decreased
0
IJHIJH
ETF

ISHARES CORE S&P MIDCAP ETF

15.7M$1B7.2%$57.32+16.37%
28 qtrssince 2019-Q1
Increased
63
IJRIJR
ETF

ISHARES CORE S&P SMALL-CAP ETF ETF

6.5M$777.6M5.4%$71.87+69.32%
28 qtrssince 2019-Q1
Increased
62
IWPIWP
ETF

ISHARES RUSSELL MIDCAP GRWTH

3.8M$525.8M3.7%$142.60-2.87%
10 qtrssince 2023-Q3
Increased
62
EWJEWJ
ETF

ISHARES MSCI JAPAN ETF

5M$403.2M2.8%$66.67+21.46%
10 qtrssince 2023-Q3
Increased
53
GNRGNR
ETF

SPDR INDEX SHS FDS

5.4M$333.1M2.3%$58.62+6.60%
2 qtrssince 2025-Q3
Increased
56
SPYMSPYM
ETF

SPDR PORTFOLIO S&P 500 ETF

3.5M$278.5M1.9%$73.88+9.40%
5 qtrssince 2024-Q4
Increased
61
IEFAIEFA
ETF

ISHARES CORE MSCI EAFE ETF

2.6M$233.8M1.6%$61.55+46.02%
28 qtrssince 2019-Q1
Increased
49
VOVO
ETF

VANGUARD MID-CAP ETF

567,215$164.6M1.1%$52.94+36.10%
10 qtrssince 2023-Q3
Increased
48
IDEVIDEV
ETF

ISHARES CORE MSCI DEV MKTS

1.6M$134.5M0.9%$71.54+15.88%
8 qtrssince 2024-Q1
Increased
51
IUSBIUSB
ETF

ISHARES TR

2.7M$125.4M0.9%$43.86+3.53%
7 qtrssince 2024-Q2
Increased
51
DEXCDEXC
ETF

DIMENSIONAL ETF TRUST

1.8M$110.9M0.8%$47.40+27.83%
4 qtrssince 2025-Q1
Increased
43
SPHQSPHQ
ETF

INVESCO S&P 500 QUALITY ETF

1.5M$109.6M0.8%$46.61+62.50%
12 qtrssince 2023-Q1
Increased
42
DGRODGRO
ETF

ISHARES CORE DIVIDEND GROWTH

1.5M$105.1M0.7%$45.73+52.91%
28 qtrssince 2019-Q1
Decreased
0
SPMDSPMD
ETF

SPDR PORTFOLIO S&P 400 MID C

1.6M$92.1M0.6%$54.61+7.18%
8 qtrssince 2024-Q1
Increased
50
IAUIAU
ETF

ISHARES GOLD TRUST

1.1M$89.3M0.6%$35.05+133.10%
10 qtrssince 2023-Q3
Decreased
0
DFASDFAS
ETF

DIMENSIONAL US SMALL CAP ETF

1.1M$78.7M0.5%$55.55+26.77%
10 qtrssince 2023-Q3
Decreased
0
SPYGSPYG
ETF

SPDR PORTFOLIO S&P 500 GROWT

722,548$77.1M0.5%$60.67+77.16%
13 qtrssince 2022-Q4
Decreased
0
$14.3B
AUM
783
Positions
Q4 2025
Filing
Rating · 3.0
Quarterly Portfolio Change
+8%Q3'24$10.4B+2%Q4'24$10.5B-1%Q1'25$10.4B+11%Q2'25$11.6B+19%Q3'25$13.8B+4%Q4'25$14.3B
Activity profile
$ moved · Q4'25
New0%Increased93%Decreased6%Exited0%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 2.3 years
<1Q16%1-4Q18%1-2Y10%2Y+56%

First Command Advisory Services, Inc. manages $14.3B across 783 positions as of Q4 2025. Top holdings: IVV (44.4%), DYNF (9.6%), QQQM (8.4%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 3/5.0.

Q4 2025 Summary

Active quarter - 195 new positions, 41 exits, 283 increased. Top move: IJH (INCREASED, conviction 63). Portfolio: $14.3B across 783 positions.

Top holdings by portfolio weight

Total AUM$14B
IVV44.39%
DYNF9.59%
QQQM8.37%
IJH7.21%
IJR5.42%
IWP3.66%
EWJ2.81%
GNR2.32%
SPYM1.94%
IEFA1.63%
Other1.15%

Portfolio allocation by GICS sector

Sectors11
Unknown98.91%
Technology0.30%
Industrials0.17%
Financial Services0.13%
Consumer Cyclical0.09%
Consumer Defensive0.09%
Healthcare0.09%
Communication Services0.08%
Energy0.07%
Utilities0.04%
Other0.01%

Behavioral investing profile

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Momentum Trader- primarily Unknown
Compare DNA across all funds
7-dimension quality assessment
Solid(3.0 / 5.0)
Track Record51
Conviction39
Concentration100
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Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Similar Funds

Funds with similar investing DNA

Accumulation Streaks

Positions with 2+ consecutive quarters of increases - persistent directional conviction.

Security
8Q
IUSBIUSBISHARES TR
Q3 2024 Q2 2026+3.6M shares+$167.8M
8Q
IDEVIDEVISHARES CORE MSCI DEV MKTS
Q3 2024 Q2 2026+1.9M shares+$166.2M
8Q
SPMDSPMDSPDR PORTFOLIO S&P 400 MID C
Q3 2024 Q2 2026+2M shares+$137.7M
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

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