First National Bank of South Miami Portfolio holdings

First National Bank of South Miami's Q4 2019 Portfolio in Review

As of Q4 2019, First National Bank of South Miami held 309 positions worth $101M, down 3.4% from $105M the previous quarter. Its ten largest holdings account for 33% of the portfolio.

First National Bank of South Miami withdrew a net $11.1M in Q4 2019, closing 34 positions and reducing 91 holdings. Its most notable exit was Invesco S&P 500 Equal Weight ETF, an estimated $410K position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 7.3% of assets, down from 7.6% a quarter earlier, followed by Technology and Consumer Staples.

Against the trend, First National Bank of South Miami opened a new position in Medical Properties Trust worth $63K.

• First National Bank of South Miami's largest Q4 2019 buy was Medical Properties Trust: 2,962 shares worth $63K.
• First National Bank of South Miami added most to Bristol-Myers Squibb in Q4 2019, an estimated $211K increase.
• First National Bank of South Miami's biggest Q4 2019 reduction was Vanguard Morningstar Total Stock Market ETF, cutting an estimated $1.39M.
• First National Bank of South Miami fully exited Invesco S&P 500 Equal Weight ETF in Q4 2019, selling an estimated $410K.
• First National Bank of South Miami's ten largest holdings make up 33% of its $101M portfolio in Q4 2019.
• First National Bank of South Miami opened 27 new positions and closed 34 in Q4 2019.
• First National Bank of South Miami's portfolio value fell 3.4% quarter-over-quarter to $101M.

Based on First National Bank of South Miami's 13F filing for Q4 2019, filed 12 Feb 2020.