First Trust Bank, Ltd.
Long book
$50.9M
Q1 2026
Positions
7
Top-10 weight
100%
concentration
Last quarter
-1.9%
SPY +14.8%
Turnover
67%
of book per quarter
Strategy in plain words
auto-generated from filingsFirst Trust Bank, Ltd. is a wealth-management firm allocating client money, running a $50.9M US long book across 7 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ISHARES JP MORGAN USD EMERGI, SPDR GOLD SHARES, ISHARES 0-5 YEAR TIPS BOND E, ISHARES MSCI GLOBAL METALS &, SYNOPSYS INC.
Over the last 9 quarters its long book ran on average 1.7pp per quarter behind the S&P 500, beating the index in 4 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
+0.3%
Q2 2024
+5.5%
Q3 2024
-1.2%
Q4 2024
+4.3%
Q1 2025
+5.9%
Q2 2025
+9.1%
Q3 2025
+6.5%
Q4 2025
-3.5%
Q1 2026
-1.9%
Sector allocation
Technology 100%
Long book by quarter
What does First Trust own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| SNPS SYNOPSYS INC | Technology | 10.4K | $4.1M | 8.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 7 | $50.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 5 | $45.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 4 | $43.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 2 | $18.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 4 | $27.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 5 | $34.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 5 | $35.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 5 | $33.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 6 | $44.7M | canonical | SEC ↗ |