First Allied Advisory Services Portfolio holdings

First Allied Advisory Services's Q4 2013 Portfolio in Review

As of Q4 2013, First Allied Advisory Services held 1,119 positions worth $1.25B, down 27% from $1.72B the previous quarter. Its ten largest holdings account for 14% of the portfolio.

First Allied Advisory Services withdrew a net $560M in Q4 2013, closing 173 positions and reducing 491 holdings. Its most notable exit was ProShares Ultra Russell2000, an estimated $12.5M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 49% of assets, down from 55% a quarter earlier, followed by Financials and Technology.

Against the trend, First Allied Advisory Services opened a new position in ProShares Ultra S&P500 worth $15.4M.

• First Allied Advisory Services's largest Q4 2013 buy was ProShares Ultra S&P500: 2,396,704 shares worth $15.4M.
• First Allied Advisory Services added most to iShares Core S&P 500 ETF in Q4 2013, an estimated $24.3M increase.
• First Allied Advisory Services's biggest Q4 2013 reduction was iShares 3-7 Year Treasury Bond ETF, cutting an estimated $23.8M.
• First Allied Advisory Services fully exited ProShares Ultra Russell2000 in Q4 2013, selling an estimated $12.5M.
• First Allied Advisory Services's ten largest holdings make up 14% of its $1.25B portfolio in Q4 2013.
• First Allied Advisory Services opened 115 new positions and closed 173 in Q4 2013.
• First Allied Advisory Services's portfolio value fell 27% quarter-over-quarter to $1.25B.

Based on First Allied Advisory Services's 13F filing for Q4 2013, filed 12 Feb 2014.