First Business Financial Services Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI EAFE ETF
IEFA
|
+$28M |
| 2 |
Vanguard Total Bond Market
BND
|
+$19.2M |
| 3 |
iShares Russell 3000 ETF
IWV
|
+$12.3M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$7.75M |
| 5 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$7.12M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$27.3M |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
+$10.8M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$9.97M |
| 4 |
State Street Utilities Select Sector SPDR ETF
XLU
|
+$5.07M |
| 5 |
State Street Consumer Staples Select Sector SPDR ETF
XLP
|
+$4.89M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 3.71% |
| 2 | Consumer Staples | 0.82% |
| 3 | Consumer Discretionary | 0.66% |
| 4 | Healthcare | 0.39% |
| 5 | Energy | 0.38% |
Similar funds
First Business Financial Services's Q4 2015 Portfolio in Review
As of Q4 2015, First Business Financial Services held 86 positions worth $334M, up 7% from $312M the previous quarter. Its ten largest holdings account for 82% of the portfolio.
First Business Financial Services deployed $11.2M of net new capital in Q4 2015, opening 8 new positions and adding to 11 existing holdings. Its largest new stake was iShares Core MSCI EAFE ETF: 504,801 shares worth $27.5M.
By sector, the portfolio is most concentrated in Financials at 3.7% of assets, down from 4.5% a quarter earlier, followed by Consumer Staples and Consumer Discretionary.
On the sell side, the largest reduction was iShares MSCI EAFE ETF, an estimated $27.3M trimmed.
- First Business Financial Services's largest Q4 2015 buy was iShares Core MSCI EAFE ETF: 504,801 shares worth $27.5M.
- First Business Financial Services added most to State Street SPDR S&P 500 ETF Trust in Q4 2015, an estimated $7.75M increase.
- First Business Financial Services's biggest Q4 2015 reduction was iShares MSCI EAFE ETF, cutting an estimated $27.3M.
- First Business Financial Services fully exited State Street Utilities Select Sector SPDR ETF in Q4 2015, selling an estimated $5.07M.
- First Business Financial Services's ten largest holdings make up 82% of its $334M portfolio in Q4 2015.
- First Business Financial Services opened 8 new positions and closed 31 in Q4 2015.
- First Business Financial Services's portfolio value rose 7% quarter-over-quarter to $334M.
Based on First Business Financial Services's 13F filing for Q4 2015, filed 9 Feb 2016.