First Allied Advisory Services Portfolio holdings

First Allied Advisory Services's Q1 2020 Portfolio in Review

As of Q1 2020, First Allied Advisory Services held 1,269 positions worth $2.32B, down 21% from $2.96B the previous quarter. Its ten largest holdings account for 19% of the portfolio.

First Allied Advisory Services withdrew a net $98.7M in Q1 2020, closing 210 positions and reducing 501 holdings. Its most notable exit was Fidelity MSCI Financials Index ETF, an estimated $9.43M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 61% of assets, up from 60% a quarter earlier, followed by Technology and Healthcare.

Against the trend, First Allied Advisory Services opened a new position in Northern Trust Ultra-Short Fixed Income ETF worth $6.71M.

• First Allied Advisory Services's largest Q1 2020 buy was Northern Trust Ultra-Short Fixed Income ETF: 90,447 shares worth $6.71M.
• First Allied Advisory Services added most to State Street SPDR Bloomberg 1-3 Month T-Bill ETF in Q1 2020, an estimated $14.7M increase.
• First Allied Advisory Services's biggest Q1 2020 reduction was iShares Core S&P Total US Stock Market ETF, cutting an estimated $13.6M.
• First Allied Advisory Services fully exited Fidelity MSCI Financials Index ETF in Q1 2020, selling an estimated $9.43M.
• First Allied Advisory Services's ten largest holdings make up 19% of its $2.32B portfolio in Q1 2020.
• First Allied Advisory Services opened 63 new positions and closed 210 in Q1 2020.
• First Allied Advisory Services's portfolio value fell 21% quarter-over-quarter to $2.32B.

Based on First Allied Advisory Services's 13F filing for Q1 2020, filed 8 May 2020.