First Allied Advisory Services Portfolio holdings

First Allied Advisory Services's Q4 2019 Portfolio in Review

As of Q4 2019, First Allied Advisory Services held 1,706 positions worth $2.96B, up 5.3% from $2.81B the previous quarter. Its ten largest holdings account for 18% of the portfolio.

First Allied Advisory Services's Q4 2019 filing shows 85 new, 499 increased, 581 reduced and 500 closed positions. Its largest new stake was abrdn Income Credit Strategies Fund: 907,786 shares worth $10.4M. The largest sale was Vanguard Morningstar Small-Cap Growth ETF, an estimated $8.42M.

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

• First Allied Advisory Services's largest Q4 2019 buy was abrdn Income Credit Strategies Fund: 907,786 shares worth $10.4M.
• First Allied Advisory Services added most to First Trust Value Line Dividend Fund in Q4 2019, an estimated $10.6M increase.
• First Allied Advisory Services's biggest Q4 2019 reduction was Vanguard Morningstar Small-Cap Growth ETF, cutting an estimated $8.42M.
• First Allied Advisory Services fully exited Celgene Corp in Q4 2019, selling an estimated $6.91M.
• First Allied Advisory Services's ten largest holdings make up 18% of its $2.96B portfolio in Q4 2019.
• First Allied Advisory Services opened 85 new positions and closed 500 in Q4 2019.
• First Allied Advisory Services's portfolio value rose 5.3% quarter-over-quarter to $2.96B.

Based on First Allied Advisory Services's 13F filing for Q4 2019, filed 10 Feb 2020.