First New York Securities Portfolio holdings

First New York Securities's Q3 2014 Portfolio in Review

As of Q3 2014, First New York Securities held 675 positions worth $142M, up 46% from $97M the previous quarter. Its ten largest holdings account for 33% of the portfolio.

First New York Securities deployed $44.2M of net new capital in Q3 2014, opening 481 new positions and adding to 13 existing holdings. Its largest new stake was FOSTER WHEELER AG (SWITZERLAND): 382,260 shares worth $12.1M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 16% of assets, up from 7.2% a quarter earlier, followed by Energy and Technology.

On the sell side, the largest reduction was Bristol-Myers Squibb, an estimated $2.4M trimmed.

• First New York Securities's largest Q3 2014 buy was FOSTER WHEELER AG (SWITZERLAND): 382,260 shares worth $12.1M.
• First New York Securities added most to APA Corp in Q3 2014, an estimated $1.3M increase.
• First New York Securities's biggest Q3 2014 reduction was Bristol-Myers Squibb, cutting an estimated $2.4M.
• First New York Securities fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $18.4M.
• First New York Securities's ten largest holdings make up 33% of its $142M portfolio in Q3 2014.
• First New York Securities opened 481 new positions and closed 153 in Q3 2014.
• First New York Securities's portfolio value rose 46% quarter-over-quarter to $142M.

Based on First New York Securities's 13F filing for Q3 2014, filed 16 Oct 2014.