First Nebraska Trust Co Portfolio Changes Q2 2023

As of June 30, 2023, significant changes have been observed in the holdings of First Nebraska Trust Co. The portfolio saw both strategic additions and reductions during this period.

Notably, several substantial purchases occurred. The investor significantly increased their position in ALLEGION PLC, acquiring shares representing a 100% increase from the prior period. Similarly, there was a large buy in PFIZER INC (PFE) with an approximately +6.22% change in shares and a corresponding rise of nearly 300 basis points in its portfolio allocation percentage.

In the Energy sector, EOG RES INC (EOG) experienced significant buying activity, with a +28.03% increase in shares and its portfolio allocation rising by 75 basis points to nearly 1%. Another substantial purchase was observed in TRINITY INDS INC (TRN), where the investor quintupled their position with a +42.09% share increase, boosting its allocation by nearly 350 basis points.

Conversely, several holdings saw reductions or exits during Q2. APPLE INC (AAPL), a major position previously, experienced a decrease of about 1.38% in shares and its allocation dropped by roughly 5 basis points to just under 6%. Similarly, SYSCO CORP (SYY) saw a very slight reduction (-0.03%) but maintained an allocation of nearly 21%.

The investor also scaled back their position in MICROSOFT CORP (MSFT) (-0.4%) and exited positions entirely in several companies, including TRINITY INDS INC, PAYPAL HLDGS INC (PYPL), and AFLAC INC (AFL) / PYPL sector. Additionally, the position in HEWLETT PACKARD ENTERPRISE CORP (HPE), which experienced a large increase earlier, saw a reduction of about 0.18%.

Overall portfolio adjustments included exits from positions in TRINITY INDS INC, HEWLETT PACKARD ENTERPRISE CORP (HPE), and AFLAC INC. These changes reflect a dynamic investment strategy focused on capitalizing on market movements while managing existing positions.