First Allied Advisory Services Portfolio holdings

First Allied Advisory Services's Q4 2016 Portfolio in Review

As of Q4 2016, First Allied Advisory Services held 1,199 positions worth $1.98B, up 5% from $1.88B the previous quarter. Its ten largest holdings account for 14% of the portfolio.

First Allied Advisory Services deployed $69.2M of net new capital in Q4 2016, opening 165 new positions and adding to 531 existing holdings. Its largest new stake was Vanguard Emerging Markets Government Bond ETF: 110,211 shares worth $8.55M.

By sector, the portfolio is most concentrated in Miscellaneous at 53% of assets, down from 54% a quarter earlier, followed by Technology and Financials.

On the sell side, the largest reduction was iShares Preferred and Income Securities ETF, an estimated $12.4M trimmed.

• First Allied Advisory Services's largest Q4 2016 buy was Vanguard Emerging Markets Government Bond ETF: 110,211 shares worth $8.55M.
• First Allied Advisory Services added most to Invesco Preferred ETF in Q4 2016, an estimated $11.4M increase.
• First Allied Advisory Services's biggest Q4 2016 reduction was iShares Preferred and Income Securities ETF, cutting an estimated $12.4M.
• First Allied Advisory Services fully exited ProShares Short 20+ Year Treasury ETF in Q4 2016, selling an estimated $5.84M.
• First Allied Advisory Services's ten largest holdings make up 14% of its $1.98B portfolio in Q4 2016.
• First Allied Advisory Services opened 165 new positions and closed 104 in Q4 2016.
• First Allied Advisory Services's portfolio value rose 5% quarter-over-quarter to $1.98B.

Based on First Allied Advisory Services's 13F filing for Q4 2016, filed 13 Feb 2017.