First Business Financial Services Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell Mid-Cap ETF
IWR
|
+$16.5M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$10.2M |
| 3 |
State Street Utilities Select Sector SPDR ETF
XLU
|
+$5.04M |
| 4 |
iShares National Muni Bond ETF
MUB
|
+$970K |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$464K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 1000 ETF
IWB
|
+$18.1M |
| 2 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$10.3M |
| 3 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$6.07M |
| 4 |
iShares Russell 1000 Growth ETF
IWF
|
+$3.56M |
| 5 |
iShares Russell 1000 Value ETF
IWD
|
+$2.24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 4.52% |
| 2 | Consumer Discretionary | 1.06% |
| 3 | Consumer Staples | 0.92% |
| 4 | Industrials | 0.82% |
| 5 | Technology | 0.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
McDonald's
MCD
$190B
| $218K | 0.07% |
2,214
-255
| -10% | -$24.8K |
|
|
VIAB
77
DELISTED
Viacom Inc. Class B
VIAB
| $212K | 0.07% |
4,908
+36
| +0.7% | +$1.78K |
|
78
Sprott Physical Gold
PHYS
$14.8B
| $92K | 0.03% |
10,050
| – | – |
|
|
79
iShares Russell 1000 ETF
IWB
$49.9B
| – | – |
-156,172
| Closed | -$18.1M |
|
80
Nike
NKE
$62.3B
| – | – |
-9,080
| Closed | -$490K |
|
81
Seagate
STX
$196B
| – | – |
-5,601
| Closed | -$266K |
|
82
Travel + Leisure Co
TNL
$4.78B
| – | – |
-8,417
| Closed | -$311K |
|
83
Wynn Resorts
WYNN
$10.1B
| – | – |
-3,251
| Closed | -$324K |
|
|
KRFT
84
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| – | – |
-3,790
| Closed | -$323K |
|
Similar funds
First Business Financial Services's Q3 2015 Portfolio in Review
As of Q3 2015, First Business Financial Services held 84 positions worth $312M, down 9.3% from $345M the previous quarter. Its ten largest holdings account for 88% of the portfolio.
First Business Financial Services withdrew a net $11.4M in Q3 2015, closing 6 positions and reducing 17 holdings. Its most notable exit was iShares Russell 1000 ETF, an estimated $18.1M position sold in full.
By sector, the portfolio is most concentrated in Financials at 4.5% of assets, up from 4.1% a quarter earlier, followed by Consumer Discretionary and Consumer Staples.
Against the trend, First Business Financial Services opened a new position in iShares Russell Mid-Cap ETF worth $15.5M.
- First Business Financial Services's largest Q3 2015 buy was iShares Russell Mid-Cap ETF: 399,212 shares worth $15.5M.
- First Business Financial Services added most to iShares Core US Aggregate Bond ETF in Q3 2015, an estimated $10.2M increase.
- First Business Financial Services's biggest Q3 2015 reduction was Vanguard Morningstar Total Stock Market ETF, cutting an estimated $10.3M.
- First Business Financial Services fully exited iShares Russell 1000 ETF in Q3 2015, selling an estimated $18.1M.
- First Business Financial Services's ten largest holdings make up 88% of its $312M portfolio in Q3 2015.
- First Business Financial Services opened 9 new positions and closed 6 in Q3 2015.
- First Business Financial Services's portfolio value fell 9.3% quarter-over-quarter to $312M.
Based on First Business Financial Services's 13F filing for Q3 2015, filed 5 Nov 2015.