First American Bank Portfolio holdings

First American Bank's Q4 2016 Portfolio in Review

As of Q4 2016, First American Bank held 355 positions worth $1.19B, up 8.9% from $1.09B the previous quarter. Its ten largest holdings account for 27% of the portfolio.

First American Bank's Q4 2016 filing shows 32 new, 91 increased, 79 reduced and 25 closed positions. Its largest new stake was Bank of America: 205,656 shares worth $4.54M. The largest sale was CVS Health, an estimated $6.05M.

By sector, the portfolio is most concentrated in Miscellaneous at 55% of assets, up from 54% a quarter earlier, followed by Technology and Financials.

• First American Bank's largest Q4 2016 buy was Bank of America: 205,656 shares worth $4.54M.
• First American Bank added most to Comcast in Q4 2016, an estimated $2.39M increase.
• First American Bank's biggest Q4 2016 reduction was CVS Health, cutting an estimated $6.05M.
• First American Bank fully exited Harman International Industries in Q4 2016, selling an estimated $3.35M.
• First American Bank's ten largest holdings make up 27% of its $1.19B portfolio in Q4 2016.
• First American Bank opened 32 new positions and closed 25 in Q4 2016.
• First American Bank's portfolio value rose 8.9% quarter-over-quarter to $1.19B.

Based on First American Bank's 13F filing for Q4 2016, filed 20 Jan 2017.