First Business Financial Services Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$6.49M |
| 2 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$5.54M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$4.03M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.38M |
| 5 |
Schwab US Broad Market ETF
SCHB
|
+$1.62M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Communication Services ETF
VOX
|
+$7.22M |
| 2 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$880K |
| 3 |
Genuine Parts
GPC
|
+$539K |
| 4 |
Southwest Airlines
LUV
|
+$527K |
| 5 |
Microchip Technology
MCHP
|
+$506K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 3.4% |
| 2 | Consumer Discretionary | 0.76% |
| 3 | Consumer Staples | 0.56% |
| 4 | Technology | 0.56% |
| 5 | Industrials | 0.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
76
Microchip Technology
MCHP
$40.3B
| – | – |
-16,294
| Closed | -$506K |
|
77
Marathon Petroleum
MPC
$92.4B
| – | – |
-10,537
| Closed | -$428K |
|
78
Paychex
PAYX
$41.6B
| – | – |
-8,337
| Closed | -$482K |
|
79
Public Storage
PSA
$60.5B
| – | – |
-2,199
| Closed | -$491K |
|
80
Starbucks
SBUX
$120B
| – | – |
-8,545
| Closed | -$463K |
|
81
Sherwin-Williams
SHW
$82.7B
| – | – |
-3,801
| Closed | -$351K |
|
82
VF Corp
VFC
$5.63B
| – | – |
-6,930
| Closed | -$366K |
|
Similar funds
First Business Financial Services's Q4 2016 Portfolio in Review
As of Q4 2016, First Business Financial Services held 82 positions worth $431M, up 5.5% from $409M the previous quarter. Its ten largest holdings account for 89% of the portfolio.
First Business Financial Services deployed $16.3M of net new capital in Q4 2016, opening 12 new positions and adding to 15 existing holdings. Its largest new stake was State Street Financial Select Sector SPDR ETF: 302,342 shares worth $7.03M.
By sector, the portfolio is most concentrated in Financials at 3.4% of assets, down from 3.6% a quarter earlier, followed by Consumer Discretionary and Consumer Staples.
On the sell side, the largest reduction was Vanguard Communication Services ETF, an estimated $7.22M trimmed.
- First Business Financial Services's largest Q4 2016 buy was State Street Financial Select Sector SPDR ETF: 302,342 shares worth $7.03M.
- First Business Financial Services added most to Vanguard Morningstar Total Stock Market ETF in Q4 2016, an estimated $5.54M increase.
- First Business Financial Services's biggest Q4 2016 reduction was Vanguard Communication Services ETF, cutting an estimated $7.22M.
- First Business Financial Services fully exited Genuine Parts in Q4 2016, selling an estimated $539K.
- First Business Financial Services's ten largest holdings make up 89% of its $431M portfolio in Q4 2016.
- First Business Financial Services opened 12 new positions and closed 12 in Q4 2016.
- First Business Financial Services's portfolio value rose 5.5% quarter-over-quarter to $431M.
Based on First Business Financial Services's 13F filing for Q4 2016, filed 10 Feb 2017.