First Mercantile Trust Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Schwab US Mid-Cap ETF
SCHM
|
+$3.82M |
| 2 |
Schwab U.S Small- Cap ETF
SCHA
|
+$3.47M |
| 3 |
iShares Global Infrastructure ETF
IGF
|
+$2.46M |
| 4 |
Vanguard High Dividend Yield ETF
VYM
|
+$2.05M |
| 5 |
Deere & Co
DE
|
+$655K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Short-Term Bond ETF
BSV
|
+$26.1M |
| 2 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$13.7M |
| 3 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$8.05M |
| 4 |
iShares Russell Mid-Cap Growth ETF
IWP
|
+$7.74M |
| 5 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$7.61M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.69% |
| 2 | Financials | 6.17% |
| 3 | Healthcare | 5.98% |
| 4 | Industrials | 5.61% |
| 5 | Consumer Discretionary | 4.6% |
Similar funds
First Mercantile Trust's Q4 2019 Portfolio in Review
As of Q4 2019, First Mercantile Trust held 949 positions worth $859M, down 8.5% from $939M the previous quarter. Its ten largest holdings account for 51% of the portfolio.
First Mercantile Trust withdrew a net $130M in Q4 2019, closing 87 positions and reducing 513 holdings. Its most notable exit was State Street Health Care Select Sector SPDR ETF, an estimated $8.05M position sold in full.
By sector, the portfolio is most concentrated in Technology at 6.7% of assets, up from 6.3% a quarter earlier, followed by Financials and Healthcare.
Against the trend, First Mercantile Trust opened a new position in Cigna worth $560K.
- First Mercantile Trust's largest Q4 2019 buy was Cigna: 2,738 shares worth $560K.
- First Mercantile Trust added most to Schwab US Mid-Cap ETF in Q4 2019, an estimated $3.82M increase.
- First Mercantile Trust's biggest Q4 2019 reduction was Vanguard Short-Term Bond ETF, cutting an estimated $26.1M.
- First Mercantile Trust fully exited State Street Health Care Select Sector SPDR ETF in Q4 2019, selling an estimated $8.05M.
- First Mercantile Trust's ten largest holdings make up 51% of its $859M portfolio in Q4 2019.
- First Mercantile Trust opened 47 new positions and closed 87 in Q4 2019.
- First Mercantile Trust's portfolio value fell 8.5% quarter-over-quarter to $859M.
Based on First Mercantile Trust's 13F filing for Q4 2019, filed 31 Jan 2020.