First New York Securities Portfolio holdings

First New York Securities's Q1 2015 Portfolio in Review

As of Q1 2015, First New York Securities held 558 positions worth $101M, up 80% from $56.2M the previous quarter. Its ten largest holdings account for 60% of the portfolio.

First New York Securities deployed $37.7M of net new capital in Q1 2015, opening 211 new positions and adding to 57 existing holdings. Its largest new stake was SALIX PHARMACEUTICALS LTD DEL: 98,099 shares worth $17M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 23% of assets, up from 9.6% a quarter earlier, followed by Consumer Staples and Technology.

On the sell side, the largest reduction was Restaurant Brands International, an estimated $2.26M trimmed.

• First New York Securities's largest Q1 2015 buy was SALIX PHARMACEUTICALS LTD DEL: 98,099 shares worth $17M.
• First New York Securities added most to Stellantis in Q1 2015, an estimated $8.48M increase.
• First New York Securities's biggest Q1 2015 reduction was Restaurant Brands International, cutting an estimated $2.26M.
• First New York Securities fully exited TRIQUINT SEMICONDUCTOR INC in Q1 2015, selling an estimated $7.8M.
• First New York Securities's ten largest holdings make up 60% of its $101M portfolio in Q1 2015.
• First New York Securities opened 211 new positions and closed 178 in Q1 2015.
• First New York Securities's portfolio value rose 80% quarter-over-quarter to $101M.

Based on First New York Securities's 13F filing for Q1 2015, filed 6 May 2015.