First Allied Advisory Services Portfolio holdings

First Allied Advisory Services's Q1 2017 Portfolio in Review

As of Q1 2017, First Allied Advisory Services held 1,213 positions worth $1.93B, down 2.2% from $1.98B the previous quarter. Its ten largest holdings account for 15% of the portfolio.

First Allied Advisory Services withdrew a net $140M in Q1 2017, closing 121 positions and reducing 491 holdings. Its most notable exit was Vanguard Emerging Markets Government Bond ETF, an estimated $8.55M position sold in full.

By sector, the portfolio is most concentrated in Technology at 8.1% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.

Against the trend, First Allied Advisory Services opened a new position in RLJ Lodging Trust worth $5.4M.

• First Allied Advisory Services's largest Q1 2017 buy was RLJ Lodging Trust: 229,159 shares worth $5.4M.
• First Allied Advisory Services added most to PIMCO Enhanced Short Maturity Active Exchange-Traded Fund in Q1 2017, an estimated $11M increase.
• First Allied Advisory Services's biggest Q1 2017 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $10.7M.
• First Allied Advisory Services fully exited Vanguard Emerging Markets Government Bond ETF in Q1 2017, selling an estimated $8.55M.
• First Allied Advisory Services's ten largest holdings make up 15% of its $1.93B portfolio in Q1 2017.
• First Allied Advisory Services opened 117 new positions and closed 121 in Q1 2017.
• First Allied Advisory Services's portfolio value fell 2.2% quarter-over-quarter to $1.93B.

Based on First Allied Advisory Services's 13F filing for Q1 2017, filed 15 May 2017.