First American Trust Portfolio holdings

First American Trust's Q1 2015 Portfolio in Review

As of Q1 2015, First American Trust held 95 positions worth $281M, up 3.9% from $270M the previous quarter. Its ten largest holdings account for 26% of the portfolio.

First American Trust deployed $9.08M of net new capital in Q1 2015, opening 6 new positions and adding to 23 existing holdings. Its largest new stake was The Mosaic Company: 55,668 shares worth $2.56M.

By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 15% a quarter earlier, followed by Financials and Technology.

On the sell side, the largest reduction was LyondellBasell Industries, an estimated $1.86M trimmed.

• First American Trust's largest Q1 2015 buy was The Mosaic Company: 55,668 shares worth $2.56M.
• First American Trust added most to iShares Select Dividend ETF in Q1 2015, an estimated $3.11M increase.
• First American Trust's biggest Q1 2015 reduction was LyondellBasell Industries, cutting an estimated $1.86M.
• First American Trust fully exited ROYAL BANK OF SCOTLAND GRP PLS (THE) SPONS ADR REPSTG PFD in Q1 2015, selling an estimated $550K.
• First American Trust's ten largest holdings make up 26% of its $281M portfolio in Q1 2015.
• First American Trust opened 6 new positions and closed 7 in Q1 2015.
• First American Trust's portfolio value rose 3.9% quarter-over-quarter to $281M.

Based on First American Trust's 13F filing for Q1 2015, filed 11 May 2015.