First Nebraska Trust Co Portfolio Changes Q2 2023: Key Buys and Sells Revealed
This analysis details the significant purchases and sales made by First Nebraska Trust Co in their portfolio during the second quarter of 2023, based on disclosed holdings data.
First Nebraska Trust Co's portfolio saw notable changes during Q2 2023, as evidenced by the investor's filing. The total portfolio value stood at $837,578,711 as of June 30th.
The investor demonstrated a mixed approach to their holdings adjustments this quarter:
- Purchases: They increased positions in several companies. Notably, they acquired shares in CANADIAN PACIFIC KANSAS CITY (CP), adding 3128 shares or a full position increase of 100%, and significantly boosted their stake in AFLAC INC (AFL) by increasing the share count from its previous level, also representing a substantial addition.
- Sales: The investor disposed of shares in some holdings. A significant sale occurred with ALLEGION PLC (G0176J109), which experienced a 58.74% reduction in shares held, indicating an exit from this position.
Several other holdings showed substantial changes but were not classified as 'large buys' or 'large sells'. For instance:
- TRINITY INDS INC (TRN) saw a significant increase of 42.09% in its share count.
- PFIZER INC (PFE), EOG RES INC (EOG), and others like HEWLETT PACKARD ENTERPRISE CORP (HPE) showed considerable growth in their positions.
In contrast, some holdings experienced slight decreases. Examples include SYSCO CORP (SYY), which saw a minimal reduction of just 0.03%, and other stocks like APPLE INC (AAPL) with a small decrease.
The investor also maintained or adjusted positions in companies such as DOMINOS PIZZA INC (DPZ), showing an increase of 28.81%, and PAYPAL HLDGS INC (PYPL) with a substantial addition.
Furthermore, the investor made adjustments to holdings in sectors like Technology (QUALCOMM INC, ALPHABET INC) and Healthcare (PFIZER INC), alongside their focus on Industrials, Energy, and Consumer Defensive sectors.