Founders Bank & Trust Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$2.68M |
| 2 |
Vanguard Short-Term Corporate Bond ETF
VCSH
|
+$1.54M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$1.03M |
| 4 |
State Street SPDR S&P International Dividend ETF
DWX
|
+$933K |
| 5 |
Vanguard FTSE All-World ex-US ETF
VEU
|
+$580K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
|
+$15.5M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$12.1M |
| 3 |
iShares Preferred and Income Securities ETF
PFF
|
+$3.29M |
| 4 |
Invesco Preferred ETF
PGX
|
+$3.2M |
| 5 |
PepsiCo
PEP
|
+$1.04M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 5.47% |
| 2 | Healthcare | 4.3% |
| 3 | Industrials | 3.37% |
| 4 | Consumer Discretionary | 3.18% |
| 5 | Financials | 2.92% |
Similar funds
Founders Bank & Trust's Q4 2013 Portfolio in Review
As of Q4 2013, Founders Bank & Trust held 424 positions worth $173M, down 11% from $196M the previous quarter. Its ten largest holdings account for 60% of the portfolio.
Founders Bank & Trust withdrew a net $23.9M in Q4 2013, closing 26 positions and reducing 64 holdings. Its most notable exit was Invesco CEF Income Composite ETF, an estimated $166K position sold in full.
By sector, the portfolio is most concentrated in Consumer Staples at 5.5% of assets, up from 5.2% a quarter earlier, followed by Healthcare and Industrials.
Against the trend, Founders Bank & Trust opened a new position in Vanguard Short-Term Corporate Bond ETF worth $1.54M.
- Founders Bank & Trust's largest Q4 2013 buy was Vanguard Short-Term Corporate Bond ETF: 19,241 shares worth $1.54M.
- Founders Bank & Trust added most to PIMCO Enhanced Short Maturity Active Exchange-Traded Fund in Q4 2013, an estimated $2.68M increase.
- Founders Bank & Trust's biggest Q4 2013 reduction was iShares 5-10 Year Investment Grade Corporate Bond ETF, cutting an estimated $15.5M.
- Founders Bank & Trust fully exited Invesco CEF Income Composite ETF in Q4 2013, selling an estimated $166K.
- Founders Bank & Trust's ten largest holdings make up 60% of its $173M portfolio in Q4 2013.
- Founders Bank & Trust opened 69 new positions and closed 26 in Q4 2013.
- Founders Bank & Trust's portfolio value fell 11% quarter-over-quarter to $173M.
Based on Founders Bank & Trust's 13F filing for Q4 2013, filed 13 Feb 2014.