First Allied Advisory Services Portfolio holdings

First Allied Advisory Services's Q1 2016 Portfolio in Review

As of Q1 2016, First Allied Advisory Services held 1,171 positions worth $1.8B, down 6.8% from $1.93B the previous quarter. Its ten largest holdings account for 15% of the portfolio.

First Allied Advisory Services withdrew a net $153M in Q1 2016, closing 170 positions and reducing 545 holdings. Its most notable exit was iShares MSCI ACWI ETF, an estimated $7.51M position sold in full.

By sector, the portfolio is most concentrated in Technology at 7.3% of assets, up from 7.2% a quarter earlier, followed by Healthcare and Financials.

Against the trend, First Allied Advisory Services opened a new position in ProShares Short S&P500 worth $7.89M.

• First Allied Advisory Services's largest Q1 2016 buy was ProShares Short S&P500: 48,097 shares worth $7.89M.
• First Allied Advisory Services added most to iShares iBoxx $ High Yield Corporate Bond ETF in Q1 2016, an estimated $8.49M increase.
• First Allied Advisory Services's biggest Q1 2016 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $14.6M.
• First Allied Advisory Services fully exited iShares MSCI ACWI ETF in Q1 2016, selling an estimated $7.51M.
• First Allied Advisory Services's ten largest holdings make up 15% of its $1.8B portfolio in Q1 2016.
• First Allied Advisory Services opened 79 new positions and closed 170 in Q1 2016.
• First Allied Advisory Services's portfolio value fell 6.8% quarter-over-quarter to $1.8B.

Based on First Allied Advisory Services's 13F filing for Q1 2016, filed 12 May 2016.