Bank of the West Portfolio holdings

Bank of the West's Q1 2015 Portfolio in Review

As of Q1 2015, Bank of the West held 303 positions worth $711M, up 3.8% from $685M the previous quarter. Its ten largest holdings account for 21% of the portfolio.

Bank of the West deployed $23M of net new capital in Q1 2015, opening 17 new positions and adding to 126 existing holdings. Its largest new stake was United States Oil Fund: 36,737 shares worth $4.95M.

By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 13% a quarter earlier, followed by Financials and Technology.

On the sell side, the largest reduction was iShares MSCI EAFE ETF, an estimated $4.46M trimmed.

• Bank of the West's largest Q1 2015 buy was United States Oil Fund: 36,737 shares worth $4.95M.
• Bank of the West added most to iShares Floating Rate Bond ETF in Q1 2015, an estimated $12.6M increase.
• Bank of the West's biggest Q1 2015 reduction was iShares MSCI EAFE ETF, cutting an estimated $4.46M.
• Bank of the West fully exited iPath Optimized Currency Carry ETN in Q1 2015, selling an estimated $1.59M.
• Bank of the West's ten largest holdings make up 21% of its $711M portfolio in Q1 2015.
• Bank of the West opened 17 new positions and closed 23 in Q1 2015.
• Bank of the West's portfolio value rose 3.8% quarter-over-quarter to $711M.

Based on Bank of the West's 13F filing for Q1 2015, filed 15 Apr 2015.