First PREMIER Bank
Long book
$433.2M
Q1 2026
Positions
375
Top-10 weight
36%
concentration
Last quarter
+10.7%
SPY +14.8%
Turnover
2%
of book per quarter
Strategy in plain words
auto-generated from filingsFirst PREMIER Bank is a wealth-management firm allocating client money, running a $433.2M US long book across 375 positions.
The portfolio is moderately concentrated (top 10 ≈ 36% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD TOTAL STOCK MKT ETF, VANGUARD VALUE ETF, APPLE INC, INVESCO S&P 500 DOWNSIDE HED, VANGUARD INFO TECH ETF.
Over the last 9 quarters its long book ran on average 0.8pp 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
+1.2%
Q2 2024
+8.2%
Q3 2024
-0.8%
Q4 2024
+0.4%
Q1 2025
+4.4%
Q2 2025
+7.3%
Q3 2025
+2.1%
Q4 2025
-0.1%
Q1 2026
+10.7%
Sector allocation
Utilities 21%
Technology 20%
Financials 13%
Industrials 13%
Healthcare 10%
Consumer discretionary 6%
Other 5%
Services media 4%
Long book by quarter
What does First PREMIER own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 90.6K | $23.0M | 5.3% | -1.4% |
| JNJ JOHNSON & JOHNSON | Healthcare | 36.4K | $8.9M | 2.1% | -2.1% |
| MSFT MICROSOFT CORP | Technology | 23.6K | $8.7M | 2.0% | -0.7% |
| JPM JPMORGAN CHASE & CO | Financials | 26.5K | $7.8M | 1.8% | -0.5% |
| DUK DUKE ENERGY CORP | Utilities | 59.0K | $7.7M | 1.8% | -2.6% |
| SO SOUTHERN CO/THE | Utilities | 77.5K | $7.5M | 1.7% | -2.5% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 15.6K | $7.5M | 1.7% | -0.2% |
| MA MASTERCARD INC - A | Services media | 14.6K | $7.3M | 1.7% | -0.1% |
| UNP UNION PACIFIC CORP | Industrials | 29.9K | $7.2M | 1.7% | -2.7% |
| NWE NORTHWESTERN ENERGY GROUP IN | Utilities | 103.6K | $6.8M | 1.6% | -0.9% |
| RTX RTX CORP | Industrials | 32.9K | $6.3M | 1.5% | -0.1% |
| PG PROCTER & GAMBLE CO/THE | Other | 42.5K | $6.1M | 1.4% | +0.7% |
| XEL XCEL ENERGY INC | Utilities | 73.6K | $5.8M | 1.4% | -0.8% |
| MCD MCDONALD'S CORP | Consumer discretionary | 15.7K | $4.9M | 1.1% | -2.6% |
| PEG PUBLIC SERVICE ENTERPRISE GP | Utilities | 53.0K | $4.3M | 1.0% | -2.5% |
| PEP PEPSICO INC | Consumer staples | 21.9K | $3.4M | 0.8% | -2.3% |
| USB US BANCORP | Financials | 64.8K | $3.4M | 0.8% | -0.1% |
| AMGN AMGEN INC | Healthcare | 8.9K | $3.1M | 0.7% | -0.9% |
| KO COCA-COLA CO/THE | Consumer staples | 40.9K | $3.1M | 0.7% | -1.1% |
| WMT WALMART INC | Consumer discretionary | 24.7K | $3.1M | 0.7% | -3.9% |
| EMR EMERSON ELECTRIC CO | Industrials | 22.0K | $2.9M | 0.7% | -1.3% |
| EVRG EVERGY INC | Utilities | 34.0K | $2.8M | 0.6% | -2.4% |
| CSX CSX CORP | Industrials | 67.1K | $2.8M | 0.6% | -0.3% |
| WM WASTE MANAGEMENT INC | Utilities | 12.0K | $2.7M | 0.6% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 13.2K | $2.7M | 0.6% | -1.1% |
| MRK MERCK & CO. INC. | Healthcare | 22.0K | $2.6M | 0.6% | -2.3% |
| ECL ECOLAB INC | Other | 9.8K | $2.6M | 0.6% | -1.7% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 11.8K | $2.4M | 0.6% | -1.7% |
| NVDA NVIDIA CORP | Technology | 12.5K | $2.2M | 0.5% | -0.1% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 3 | $2.2M | 0.5% | Held |
| MDLZ MONDELEZ INTERNATIONAL INC-A | Consumer staples | 32.6K | $1.9M | 0.4% | -6.0% |
| XOM EXXON MOBIL CORP | Energy | 10.0K | $1.7M | 0.4% | -1.3% |
| ES EVERSOURCE ENERGY | Utilities | 21.6K | $1.5M | 0.3% | Held |
| ABBV ABBVIE INC | Healthcare | 6.7K | $1.5M | 0.3% | -0.3% |
| CVX CHEVRON CORP | Energy | 6.4K | $1.3M | 0.3% | -2.4% |
| BKH BLACK HILLS CORP | Utilities | 18.4K | $1.3M | 0.3% | -2.4% |
| LMT LOCKHEED MARTIN CORP | Industrials | 2.1K | $1.3M | 0.3% | -1.5% |
| BAC BANK OF AMERICA CORP | Financials | 25.1K | $1.2M | 0.3% | -16.6% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 4.1K | $1.2M | 0.3% | -1.1% |
| CSCO CISCO SYSTEMS INC | Technology | 14.2K | $1.1M | 0.3% | -3.3% |
| GE GENERAL ELECTRIC | Industrials | 3.4K | $972K | 0.2% | -0.3% |
| V VISA INC-CLASS A SHARES | Services media | 3.0K | $917K | 0.2% | -7.1% |
| QCOM QUALCOMM INC | Technology | 6.3K | $805K | 0.2% | -4.3% |
| C CITIGROUP INC | Financials | 7.1K | $803K | 0.2% | -1.5% |
| GILD GILEAD SCIENCES INC | Healthcare | 5.7K | $793K | 0.2% | -0.7% |
| ECG EVERUS CONSTRUCTION GROUP | Industrials | 6.5K | $767K | 0.2% | -4.4% |
| ENB ENBRIDGE INC | Energy | 13.9K | $752K | 0.2% | -6.0% |
| WFC WELLS FARGO & CO | Financials | 9.4K | $749K | 0.2% | -0.5% |
| BX BLACKSTONE INC | Financials | 6.1K | $704K | 0.2% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 20, 2026 | 581 | $433.2M | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 23, 2026 | 584 | $436.2M | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 15, 2025 | 616 | $440.4M | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 11, 2025 | 612 | $413.1M | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 22, 2025 | 617 | $394.0M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 17, 2025 | 612 | $392.8M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 8, 2024 | 634 | $401.1M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 17, 2024 | 627 | $373.9M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 12, 2024 | 750 | $378.2M | $K fixed canonical | SEC ↗ |