First Washington Corp Portfolio holdings

First Washington Corp's Q1 2014 Portfolio in Review

As of Q1 2014, First Washington Corp held 140 positions worth $173M, down 5.9% from $184M the previous quarter. Its ten largest holdings account for 39% of the portfolio.

First Washington Corp withdrew a net $10.1M in Q1 2014, closing 15 positions and reducing 32 holdings. Its most notable exit was Avista, an estimated $7.81M position sold in full.

By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 19% a quarter earlier, followed by Industrials and Communication Services.

Against the trend, First Washington Corp opened a new position in Option Care Health worth $3.05M.

• First Washington Corp's largest Q1 2014 buy was Option Care Health: 109,300 shares worth $3.05M.
• First Washington Corp added most to Rackspace Hosting Inc in Q1 2014, an estimated $2.29M increase.
• First Washington Corp's biggest Q1 2014 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.77M.
• First Washington Corp fully exited Avista in Q1 2014, selling an estimated $7.81M.
• First Washington Corp's ten largest holdings make up 39% of its $173M portfolio in Q1 2014.
• First Washington Corp opened 8 new positions and closed 15 in Q1 2014.
• First Washington Corp's portfolio value fell 5.9% quarter-over-quarter to $173M.

Based on First Washington Corp's 13F filing for Q1 2014, filed 5 May 2014.