First Allied Advisory Services Portfolio holdings

First Allied Advisory Services's Q1 2018 Portfolio in Review

As of Q1 2018, First Allied Advisory Services held 1,597 positions worth $2.59B, up 3.2% from $2.51B the previous quarter. Its ten largest holdings account for 17% of the portfolio.

First Allied Advisory Services deployed $117M of net new capital in Q1 2018, opening 74 new positions and adding to 579 existing holdings. Its largest new stake was First Trust Small Cap Value AlphaDEX Fund: 126,387 shares worth $4.47M.

By sector, the portfolio is most concentrated in Miscellaneous at 61% of assets, up from 59% a quarter earlier, followed by Technology and Financials.

On the sell side, the largest reduction was PIMCO Enhanced Short Maturity Active Exchange-Traded Fund, an estimated $10.5M trimmed.

• First Allied Advisory Services's largest Q1 2018 buy was First Trust Small Cap Value AlphaDEX Fund: 126,387 shares worth $4.47M.
• First Allied Advisory Services added most to Schwab US Aggregate Bond ETF in Q1 2018, an estimated $17.1M increase.
• First Allied Advisory Services's biggest Q1 2018 reduction was PIMCO Enhanced Short Maturity Active Exchange-Traded Fund, cutting an estimated $10.5M.
• First Allied Advisory Services fully exited ProShares VIX Short-Term Futures ETF in Q1 2018, selling an estimated $10.6M.
• First Allied Advisory Services's ten largest holdings make up 17% of its $2.59B portfolio in Q1 2018.
• First Allied Advisory Services opened 74 new positions and closed 427 in Q1 2018.
• First Allied Advisory Services's portfolio value rose 3.2% quarter-over-quarter to $2.59B.

Based on First Allied Advisory Services's 13F filing for Q1 2018, filed 11 May 2018.