First New York Securities Portfolio holdings

First New York Securities's Q4 2015 Portfolio in Review

As of Q4 2015, First New York Securities held 372 positions worth $11.6M, down 95% from $222M the previous quarter. Its ten largest holdings account for 80% of the portfolio.

First New York Securities withdrew a net $190M in Q4 2015, closing 290 positions and reducing 17 holdings. Its most notable exit was DuPont de Nemours, an estimated $65.2M position sold in full.

By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 3.3% a quarter earlier, followed by Communication Services and Energy.

Against the trend, First New York Securities opened a new position in Oracle worth $1.64M.

• First New York Securities's largest Q4 2015 buy was Oracle: 45,000 shares worth $1.64M.
• First New York Securities added most to Yahoo Inc in Q4 2015, an estimated $667K increase.
• First New York Securities's biggest Q4 2015 reduction was Cigna, cutting an estimated $710K.
• First New York Securities fully exited DuPont de Nemours in Q4 2015, selling an estimated $65.2M.
• First New York Securities's ten largest holdings make up 80% of its $11.6M portfolio in Q4 2015.
• First New York Securities opened 37 new positions and closed 290 in Q4 2015.
• First New York Securities's portfolio value fell 95% quarter-over-quarter to $11.6M.

Based on First New York Securities's 13F filing for Q4 2015, filed 25 Jan 2016.