# FBL INVESTMENT MANAGEMENT SERVICES INC/IA

> Institutional holdings reported to the SEC as of Q4 2019 on Form 13F. CIK 1141911. Source: https://holderbook.com/funds/1141911-fbl-investment-management-services-inc-ia/

- Reported value: $40.4M
- Positions: 15
- Weight of the ten largest: 95.9%
- Filed: 2020-02-04

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $11.7M | 128,000 | 28.9% | 5 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $10.5M | 81,800 | 25.9% | 5 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $3.1M | 17,774 | 7.7% | 5 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $3.0M | 21,870 | 7.4% | 5 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $2.9M | 13,500 | 7.2% | 5 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $2.7M | 21,000 | 6.7% | 5 |
| SPDR SERIES TRUST | [SPLB](https://holderbook.com/stocks/SPLB/) | $1.7M | 57,150 | 4.3% | 5 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $1.2M | 12,903 | 3.0% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $1.1M | 24,360 | 2.7% | 3 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $917.0K | 13,200 | 2.3% | 5 |
| VANGUARD TOTAL STOCK MKT IDX ADM | - | $511.0K | 6,415 | 1.3% | 2 |
| ISHARES INC | [EEMS](https://holderbook.com/stocks/EEMS/) | $431.0K | 9,586 | 1.1% | 5 |
| Vanguard Tl Int Stock Index | - | $413.0K | 13,828 | 1.0% | 2 |
| ISHARES TR | [SCZ](https://holderbook.com/stocks/SCZ/) | $198.0K | 3,175 | 0.5% | 3 |
| VANGUARD TOTAL WORLD STOCK INDEX ADMIRAL | - | $84.0K | 2,934 | 0.2% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q4 2019 | +3.3% | +8.5% | -5.1% | 100% |
| Q3 2019 | +1.1% | +1.3% | -0.2% | 92% |
| Q2 2019 | +1.8% | +3.7% | -1.9% | 65% |
| Q1 2019 | +8.2% | +13.0% | -4.8% | 95% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2019 | $40.4M | 15 |
| Q3 2019 | $38.1M | 15 |
| Q2 2019 | $41.8M | 22 |
| Q1 2019 | $240.9M | 46 |
| Q4 2018 | $39.2M | 24 |