First Citizens Asset Management Portfolio Shifts in Q4 2026

First Citizens Asset Management Inc.'s portfolio saw notable changes this quarter, including a significant increase in holdings of HYDB ETF and a decrease in TOLZ ETF.

By Insiderset.Jul 17, 2026, 9:48 PM
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First Citizens Asset Management, Inc.
First Citizens Asset Management Portfolio Shifts in Q4 2026

As reported by Insiderset for the period ending March 31, 2026, First Citizens Asset Management Inc. (FCAM) made several adjustments to its portfolio holdings.

Purchase Highlights: New Positions and Increased Holdings

One of the most significant actions taken by FCAM this quarter was the establishment of a new position in iShares High Yield Systematic Bond ETF (HYDB). The fund acquired 13,661 shares during Q4 2026, representing a staggering increase of 100.0% in its stake compared to the previous quarter.

FCAM also demonstrated continued interest in core fixed income by increasing its position in iShares Core US Aggregate Bond ETF (AGG). The fund added 12,163 shares during the quarter, pushing its portfolio allocation percentage slightly higher to 10.87%.

Furthermore, FCAM boosted its exposure to large-cap growth stocks through an increase in iShares Russell Top 200 Growth ETF (IWY). The fund added 8,834 shares during the quarter, resulting in a modest 3.0% growth in its stake.

Sales and Reductions: Decreasing Exposure

Conversely, FCAM significantly reduced its position in ProShares DJ Brookfield Global Infras (TOLZ). The fund sold off 16,446 shares during the quarter, leading to a sharp decline of -81.82% in its allocation percentage.

The fund also decreased its stake in iShares National Muni Bond ETF (MUB) by 31.19%, indicating a strategic shift away from the municipal bond market.

Additional Changes

The portfolio saw several other smaller adjustments during this period:

  • Purchasing shares of IWS ETF (+5.66%): FCAM increased its position in iShares Russell Mid-Cap Value ETF (IWS) by adding shares.
  • Increasing holdings of IEFA ETF (+0.67%): The fund added a small number of shares to the iShares Core MSCI EAFE ETF (IEFA).
  • Purchasing IWP ETF (+8.5% allocation): FCAM slightly increased its position in iShares Russell Mid-Cap Growth ETF (IWP), though this was already a holding.
  • Increasing VCRB ETF by +0.6%: The fund added shares to Vanguard Core Bond ETF (VCRB).

In addition, FCAM made minor adjustments in other areas:

First Citizens Asset Management Portfolio Shifts in Q4 2026 | InsiderSet