First Nebraska Trust Co Portfolio Changes in Q2 2023
Analyzed holdings data for First Nebraska Trust Co (investor_slug) as of June 30, 2023. Focus on significant stock purchases and sales during the quarter.
First Nebraska Trust Co's portfolio saw notable changes in Q2 2023, with specific activity observed across various holdings based on their investor disclosures. The data highlights both additions and reductions to the portfolio during this period.
Several significant purchases occurred in Q2. Notably, First Nebraska Trust Co increased its stake in ALLEGION PLC (G0176J109) by 100%, adding a substantial position to the portfolio. Other significant buys included PFIZER INC (PFE), which saw an increase of approximately 6,894 shares (+6.22%), and energy-focused EOG RES INC (EOG) with a nearly +28% jump in holdings.
In the industrials sector, there were significant additions as well. The investor boosted its position in TRINITY INDS INC (TRN), increasing shares by 42%. Similarly, substantial holdings were added to HEWLETT PACKARD ENTERPRISE CO (HPE) and TREX CO INC (TREX), both seeing increases exceeding 13% in terms of shares.
The portfolio also experienced reductions during the quarter. Shares of SYSCO CORP (SYY) decreased slightly by -0.03%, while APPLE INC (AAPL) saw a modest reduction (-1.38%). Other stocks that were sold or reduced include HORMEL FOODS CORP (HRL), which experienced a small decrease, and DANAHER CORPORATION (DHR) with a minor share reduction (-0.18%).
In addition to these changes, First Nebraska Trust Co also added new positions during Q2 2023. Holdings in GENERAC HLDGS INC (GNRC), DOMINOS PIZZA INC (DPZ), and others were initiated, reflecting diversification efforts into different sectors.
The overall portfolio turnover rate was high during the quarter. The data indicates that there are 122 positions changed or exited, suggesting active management of the investment strategy by First Nebraska Trust Co.