First National Bank of South Miami Portfolio holdings

First National Bank of South Miami's Q2 2023 Portfolio in Review

As of Q2 2023, First National Bank of South Miami held 268 positions worth $124M, down 1% from $126M the previous quarter. Its ten largest holdings account for 36% of the portfolio.

First National Bank of South Miami withdrew a net $5.82M in Q2 2023, closing 20 positions and reducing 139 holdings. Its most notable exit was Medtronic, an estimated $426K position sold in full.

By sector, the portfolio is most concentrated in Technology at 11% of assets, up from 10% a quarter earlier, followed by Healthcare and Consumer Staples.

Against the trend, First National Bank of South Miami opened a new position in Janus Henderson Mortgage-Backed Securities ETF worth $171K.

• First National Bank of South Miami's largest Q2 2023 buy was Janus Henderson Mortgage-Backed Securities ETF: 3,739 shares worth $171K.
• First National Bank of South Miami added most to iShares GSCI Commodity Dynamic Roll Strategy ETF in Q2 2023, an estimated $347K increase.
• First National Bank of South Miami's biggest Q2 2023 reduction was iShares MSCI EAFE ETF, cutting an estimated $432K.
• First National Bank of South Miami fully exited Medtronic in Q2 2023, selling an estimated $426K.
• First National Bank of South Miami's ten largest holdings make up 36% of its $124M portfolio in Q2 2023.
• First National Bank of South Miami opened 3 new positions and closed 20 in Q2 2023.
• First National Bank of South Miami's portfolio value fell 1% quarter-over-quarter to $124M.

Based on First National Bank of South Miami's 13F filing for Q2 2023, filed 12 Jul 2023.