First National Bank Sioux Falls Portfolio holdings

First National Bank Sioux Falls's Q4 2016 Portfolio in Review

As of Q4 2016, First National Bank Sioux Falls held 259 positions worth $24.7M, down 33% from $36.6M the previous quarter. Its ten largest holdings account for 52% of the portfolio.

First National Bank Sioux Falls withdrew a net $13.7M in Q4 2016, closing 215 positions and reducing 17 holdings. Its most notable exit was AB InBev, an estimated $792K position sold in full.

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

Against the trend, First National Bank Sioux Falls opened a new position in DTE Energy worth $338K.

• First National Bank Sioux Falls's largest Q4 2016 buy was DTE Energy: 4,035 shares worth $338K.
• First National Bank Sioux Falls added most to DuPont de Nemours in Q4 2016, an estimated $702K increase.
• First National Bank Sioux Falls's biggest Q4 2016 reduction was Raven Industries Inc, cutting an estimated $2.27M.
• First National Bank Sioux Falls fully exited AB InBev in Q4 2016, selling an estimated $792K.
• First National Bank Sioux Falls's ten largest holdings make up 52% of its $24.7M portfolio in Q4 2016.
• First National Bank Sioux Falls opened 2 new positions and closed 215 in Q4 2016.
• First National Bank Sioux Falls's portfolio value fell 33% quarter-over-quarter to $24.7M.

Based on First National Bank Sioux Falls's 13F filing for Q4 2016, filed 13 Feb 2017.