First Citizens Asset Management, Inc.
Long book
$282.1M
Q1 2026
Positions
28
Top-10 weight
94%
concentration
Last quarter
+10.3%
SPY +14.8%
Turnover
17%
of book per quarter
Strategy in plain words
auto-generated from filingsFirst Citizens Asset Management, Inc. is a wealth-management firm allocating client money, running a $282.1M US long book across 28 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES RUSSELL TOP 200 GROW, ISHARES RUSSELL TOP 200 VALU, VANGUARD CORE BOND ETF, ISHARES CORE U.S. AGGREGATE, ISHARES RUSSELL MID-CAP VALU.
Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.7%
Q2 2024
+6.1%
Q3 2024
-0.8%
Q4 2024
-1.1%
Q1 2025
+7.8%
Q2 2025
+6.0%
Q3 2025
+2.0%
Q4 2025
-2.4%
Q1 2026
+10.3%
Sector allocation
No sector data
Long book by quarter
What does First Citizens own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 17, 2026 | 28 | $282.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 5, 2026 | 27 | $286.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR/ARESTATEMENT | Apr 28, 2026 | 27 | $281.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 4, 2025 | 26 | $280.4M | SEC ↗ | |
| Q2 2025 | 13F-HR/ARESTATEMENT | Apr 28, 2026 | 27 | $282.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 21 | $256.6M | SEC ↗ | |
| Q1 2025 | 13F-HR/ARESTATEMENT | Apr 28, 2026 | 26 | $257.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 26 | $256.8M | SEC ↗ | |
| Q4 2024 | 13F-HR/ARESTATEMENT | Apr 28, 2026 | 25 | $273.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 25 | $272.9M | SEC ↗ | |
| Q3 2024 | 13F-HR/ARESTATEMENT | Apr 28, 2026 | 30 | $281.4M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 30, 2024 | 30 | $281.4M | SEC ↗ | |
| Q2 2024 | 13F-HR/ARESTATEMENT | Apr 28, 2026 | 33 | $268.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 12, 2024 | 33 | $268.3M | SEC ↗ | |
| Q1 2024 | 13F-HR/ARESTATEMENT | Apr 28, 2026 | 33 | $264.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 17, 2024 | 38 | $344.4M | SEC ↗ |