First National Bank of South Miami Portfolio holdings

First National Bank of South Miami's Q1 2023 Portfolio in Review

As of Q1 2023, First National Bank of South Miami held 277 positions worth $126M, down 6.1% from $134M the previous quarter. Its ten largest holdings account for 35% of the portfolio.

First National Bank of South Miami withdrew a net $13M in Q1 2023, closing 12 positions and reducing 119 holdings. Its most notable exit was Invesco Taxable Municipal Bond ETF, an estimated $147K position sold in full.

By sector, the portfolio is most concentrated in Technology at 10% of assets, up from 8.9% a quarter earlier, followed by Healthcare and Financials.

Against the trend, First National Bank of South Miami opened a new position in Textron worth $64.3K.

• First National Bank of South Miami's largest Q1 2023 buy was Textron: 911 shares worth $64.3K.
• First National Bank of South Miami added most to Southern Company in Q1 2023, an estimated $45.5K increase.
• First National Bank of South Miami's biggest Q1 2023 reduction was iShares MSCI EAFE ETF, cutting an estimated $2.03M.
• First National Bank of South Miami fully exited Invesco Taxable Municipal Bond ETF in Q1 2023, selling an estimated $147K.
• First National Bank of South Miami's ten largest holdings make up 35% of its $126M portfolio in Q1 2023.
• First National Bank of South Miami opened 4 new positions and closed 12 in Q1 2023.
• First National Bank of South Miami's portfolio value fell 6.1% quarter-over-quarter to $126M.

Based on First National Bank of South Miami's 13F filing for Q1 2023, filed 17 Apr 2023.