First Allied Advisory Services Portfolio holdings

First Allied Advisory Services's Q4 2014 Portfolio in Review

As of Q4 2014, First Allied Advisory Services held 1,160 positions worth $1.37B, up 9% from $1.26B the previous quarter. Its ten largest holdings account for 13% of the portfolio.

First Allied Advisory Services deployed $78.9M of net new capital in Q4 2014, opening 132 new positions and adding to 487 existing holdings. Its largest new stake was VanEck High Yield Muni ETF: 42,708 shares worth $2.64M.

By sector, the portfolio is most concentrated in Healthcare at 7.5% of assets, down from 7.6% a quarter earlier, followed by Technology and Financials.

On the sell side, the largest reduction was iShares Core S&P Mid-Cap ETF, an estimated $12.4M trimmed.

• First Allied Advisory Services's largest Q4 2014 buy was VanEck High Yield Muni ETF: 42,708 shares worth $2.64M.
• First Allied Advisory Services added most to State Street SPDR S&P 500 ETF Trust in Q4 2014, an estimated $14.1M increase.
• First Allied Advisory Services's biggest Q4 2014 reduction was iShares Core S&P Mid-Cap ETF, cutting an estimated $12.4M.
• First Allied Advisory Services fully exited KINDER MORGAN ENER PNTRS L.P. in Q4 2014, selling an estimated $5.03M.
• First Allied Advisory Services's ten largest holdings make up 13% of its $1.37B portfolio in Q4 2014.
• First Allied Advisory Services opened 132 new positions and closed 132 in Q4 2014.
• First Allied Advisory Services's portfolio value rose 9% quarter-over-quarter to $1.37B.

Based on First Allied Advisory Services's 13F filing for Q4 2014, filed 9 Feb 2015.