First American Bank Portfolio holdings

First American Bank's Q2 2015 Portfolio in Review

As of Q2 2015, First American Bank held 268 positions worth $1.01B, down 0.51% from $1.02B the previous quarter. Its ten largest holdings account for 38% of the portfolio.

First American Bank withdrew a net $135M in Q2 2015, closing 14 positions and reducing 61 holdings. Its most notable exit was Capri Holdings, an estimated $8.61M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 9.9% a quarter earlier, followed by Technology and Financials.

Against the trend, First American Bank opened a new position in Edwards Lifesciences worth $10M.

• First American Bank's largest Q2 2015 buy was Edwards Lifesciences: 421,254 shares worth $10M.
• First American Bank added most to Biogen in Q2 2015, an estimated $9.73M increase.
• First American Bank's biggest Q2 2015 reduction was PRECISION CASTPARTS CORP, cutting an estimated $10M.
• First American Bank fully exited Capri Holdings in Q2 2015, selling an estimated $8.61M.
• First American Bank's ten largest holdings make up 38% of its $1.01B portfolio in Q2 2015.
• First American Bank opened 15 new positions and closed 14 in Q2 2015.
• First American Bank's portfolio value fell 0.51% quarter-over-quarter to $1.01B.

Based on First American Bank's 13F filing for Q2 2015, filed 17 Jul 2015.