First American Bank Portfolio holdings

First American Bank's Q1 2015 Portfolio in Review

As of Q1 2015, First American Bank held 254 positions worth $1.02B, up 8.1% from $943M the previous quarter. Its ten largest holdings account for 39% of the portfolio.

First American Bank deployed $36M of net new capital in Q1 2015, opening 20 new positions and adding to 70 existing holdings. Its largest new stake was Orbital ATK, Inc.: 142,558 shares worth $10.9M.

By sector, the portfolio is most concentrated in Healthcare at 9.9% of assets, down from 10% a quarter earlier, followed by Technology and Industrials.

On the sell side, the largest reduction was JPMorgan Chase, an estimated $9.89M trimmed.

• First American Bank's largest Q1 2015 buy was Orbital ATK, Inc.: 142,558 shares worth $10.9M.
• First American Bank added most to PRECISION CASTPARTS CORP in Q1 2015, an estimated $3.07M increase.
• First American Bank's biggest Q1 2015 reduction was JPMorgan Chase, cutting an estimated $9.89M.
• First American Bank fully exited W.W. Grainger in Q1 2015, selling an estimated $2.83M.
• First American Bank's ten largest holdings make up 39% of its $1.02B portfolio in Q1 2015.
• First American Bank opened 20 new positions and closed 6 in Q1 2015.
• First American Bank's portfolio value rose 8.1% quarter-over-quarter to $1.02B.

Based on First American Bank's 13F filing for Q1 2015, filed 14 Apr 2015.