First Horizon Advisors Portfolio holdings

First Horizon Advisors's Q2 2016 Portfolio in Review

As of Q2 2016, First Horizon Advisors held 1,554 positions worth $737M, down 18% from $898M the previous quarter. Its ten largest holdings account for 17% of the portfolio.

First Horizon Advisors withdrew a net $175M in Q2 2016, closing 153 positions and reducing 626 holdings. Its most notable exit was iShares MSCI Austria ETF, an estimated $1.25M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 42% of assets, down from 49% a quarter earlier, followed by Healthcare and Technology.

Against the trend, First Horizon Advisors opened a new position in Under Armour Class C worth $202K.

• First Horizon Advisors's largest Q2 2016 buy was Under Armour Class C: 5,539 shares worth $202K.
• First Horizon Advisors added most to First Trust Consumer Staples AlphaDEX Fund in Q2 2016, an estimated $3.96M increase.
• First Horizon Advisors's biggest Q2 2016 reduction was Invesco S&P 500 Equal Weight ETF, cutting an estimated $20.6M.
• First Horizon Advisors fully exited iShares MSCI Austria ETF in Q2 2016, selling an estimated $1.25M.
• First Horizon Advisors's ten largest holdings make up 17% of its $737M portfolio in Q2 2016.
• First Horizon Advisors opened 112 new positions and closed 153 in Q2 2016.
• First Horizon Advisors's portfolio value fell 18% quarter-over-quarter to $737M.

Based on First Horizon Advisors's 13F filing for Q2 2016, filed 29 Jul 2016.