First National Bank of South Miami Portfolio holdings

First National Bank of South Miami's Q1 2020 Portfolio in Review

As of Q1 2020, First National Bank of South Miami held 296 positions worth $79.3M, down 21% from $101M the previous quarter. Its ten largest holdings account for 33% of the portfolio.

First National Bank of South Miami withdrew a net $2.5M in Q1 2020, closing 9 positions and reducing 103 holdings. Its most notable exit was iShares Russell Mid-Cap Growth ETF, an estimated $107K position sold in full.

By sector, the portfolio is most concentrated in Technology at 8.1% of assets, up from 7.2% a quarter earlier, followed by Healthcare and Consumer Staples.

Against the trend, First National Bank of South Miami opened a new position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF worth $216K.

• First National Bank of South Miami's largest Q1 2020 buy was State Street SPDR Bloomberg 1-3 Month T-Bill ETF: 2,356 shares worth $216K.
• First National Bank of South Miami added most to iShares National Muni Bond ETF in Q1 2020, an estimated $121K increase.
• First National Bank of South Miami's biggest Q1 2020 reduction was iShares Core S&P 500 ETF, cutting an estimated $676K.
• First National Bank of South Miami fully exited iShares Russell Mid-Cap Growth ETF in Q1 2020, selling an estimated $107K.
• First National Bank of South Miami's ten largest holdings make up 33% of its $79.3M portfolio in Q1 2020.
• First National Bank of South Miami opened 21 new positions and closed 9 in Q1 2020.
• First National Bank of South Miami's portfolio value fell 21% quarter-over-quarter to $79.3M.

Based on First National Bank of South Miami's 13F filing for Q1 2020, filed 14 May 2020.