First New York Securities Portfolio holdings

First New York Securities's Q4 2014 Portfolio in Review

As of Q4 2014, First New York Securities held 685 positions worth $56.2M, down 60% from $142M the previous quarter. Its ten largest holdings account for 45% of the portfolio.

First New York Securities withdrew a net $88.4M in Q4 2014, closing 337 positions and reducing 86 holdings. Its most notable exit was FOSTER WHEELER AG (SWITZERLAND), an estimated $12.1M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 14% of assets, up from 4% a quarter earlier, followed by Technology and Consumer Discretionary.

Against the trend, First New York Securities opened a new position in TRIQUINT SEMICONDUCTOR INC worth $7.8M.

• First New York Securities's largest Q4 2014 buy was TRIQUINT SEMICONDUCTOR INC: 283,210 shares worth $7.8M.
• First New York Securities added most to PIMCO Dynamic Credit and Mortgage Income Fund in Q4 2014, an estimated $2.49M increase.
• First New York Securities's biggest Q4 2014 reduction was United States Natural Gas Fund, cutting an estimated $3.8M.
• First New York Securities fully exited FOSTER WHEELER AG (SWITZERLAND) in Q4 2014, selling an estimated $12.1M.
• First New York Securities's ten largest holdings make up 45% of its $56.2M portfolio in Q4 2014.
• First New York Securities opened 162 new positions and closed 337 in Q4 2014.
• First New York Securities's portfolio value fell 60% quarter-over-quarter to $56.2M.

Based on First New York Securities's 13F filing for Q4 2014, filed 9 Jan 2015.