First National Bank Sioux Falls Portfolio holdings

First National Bank Sioux Falls's Q4 2018 Portfolio in Review

As of Q4 2018, First National Bank Sioux Falls held 59 positions worth $25.7M, down 15% from $30.4M the previous quarter. Its ten largest holdings account for 42% of the portfolio.

First National Bank Sioux Falls withdrew a net $1.2M in Q4 2018, closing 7 positions and reducing 11 holdings. Its most notable exit was iShares MSCI USA Value Factor ETF, an estimated $262K position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, down from 24% a quarter earlier, followed by Financials and Technology.

Against the trend, First National Bank Sioux Falls opened a new position in Southern Company worth $235K.

• First National Bank Sioux Falls's largest Q4 2018 buy was Southern Company: 5,362 shares worth $235K.
• First National Bank Sioux Falls added most to Wells Fargo in Q4 2018, an estimated $182K increase.
• First National Bank Sioux Falls's biggest Q4 2018 reduction was Apple, cutting an estimated $308K.
• First National Bank Sioux Falls fully exited iShares MSCI USA Value Factor ETF in Q4 2018, selling an estimated $262K.
• First National Bank Sioux Falls's ten largest holdings make up 42% of its $25.7M portfolio in Q4 2018.
• First National Bank Sioux Falls opened 1 new position and closed 7 in Q4 2018.
• First National Bank Sioux Falls's portfolio value fell 15% quarter-over-quarter to $25.7M.

Based on First National Bank Sioux Falls's 13F filing for Q4 2018, filed 9 Jan 2019.