First National Bank Sioux Falls Portfolio holdings

First National Bank Sioux Falls's Q1 2016 Portfolio in Review

As of Q1 2016, First National Bank Sioux Falls held 237 positions worth $29.9M, down 5.2% from $31.6M the previous quarter. Its ten largest holdings account for 43% of the portfolio.

First National Bank Sioux Falls withdrew a net $2.07M in Q1 2016, closing 10 positions and reducing 36 holdings. Its most notable exit was A.O. Smith, an estimated $503K position sold in full.

By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Industrials and Consumer Staples.

Against the trend, First National Bank Sioux Falls opened a new position in Valero Energy worth $27K.

• First National Bank Sioux Falls's largest Q1 2016 buy was Valero Energy: 425 shares worth $27K.
• First National Bank Sioux Falls added most to State Street SPDR S&P 500 ETF Trust in Q1 2016, an estimated $95K increase.
• First National Bank Sioux Falls's biggest Q1 2016 reduction was Qualcomm, cutting an estimated $311K.
• First National Bank Sioux Falls fully exited A.O. Smith in Q1 2016, selling an estimated $503K.
• First National Bank Sioux Falls's ten largest holdings make up 43% of its $29.9M portfolio in Q1 2016.
• First National Bank Sioux Falls opened 1 new position and closed 10 in Q1 2016.
• First National Bank Sioux Falls's portfolio value fell 5.2% quarter-over-quarter to $29.9M.

Based on First National Bank Sioux Falls's 13F filing for Q1 2016, filed 3 May 2016.