Latest FIRST UNITED BANK TRUST/ Stock Portfolio

FIRST UNITED BANK TRUST/ Performance:

2024 Q3: 4.2%YTD: 10.57%2023: 12.57%

Performance for 2024 Q3 is 4.2%, and YTD is 10.57%, and 2023 is 12.57%.

About FIRST UNITED BANK TRUST/ and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, FIRST UNITED BANK & TRUST reported an equity portfolio of $278.3 Millions as of 30 Sep, 2024.

The top stock holdings of FIRST UNITED BANK & TRUST are QQQ, VB, VB. The fund has invested 6.6% of it's portfolio in INVESCO QQQ UNIT SERIES 1 and 5% of portfolio in VANGUARD VALUE ETF.

The fund managers got completely rid off HOWMET AEROSPACE INC (HWM), COMMERCIAL METALS COMPANY (CMC) and ALCOA CORP (AA) stocks. They significantly reduced their stock positions in EDWARDS LIFESCIENCES CORP (EW), ROCKWELL INTL CORP NEW AUTOMATION (ROK) and WALGREEN COMPANY (WBA). FIRST UNITED BANK & TRUST opened new stock positions in QUANTA SERVICES INC (PWR), SPDR SER TR S&P SEMICNDCTR (BIL) and LABCORP HOLDINGS INC. ORDINARY SHARES. The fund showed a lot of confidence in some stocks as they added substantially to PALO ALTO NETWORKS INC COM (PANW), SERVICENOW INC (NOW) and TESLA INC COM (TSLA).

FIRST UNITED BANK TRUST/ Annual Return Estimates Vs S&P 500

Our best estimate is that FIRST UNITED BANK & TRUST made a return of 4.2% in the last quarter. In trailing 12 months, it's portfolio return was 17.59%.

New Buys

Ticker	$ Bought
quanta services inc	353,308
spdr ser tr s&p semicndctr	11,292
spdr series trust s&p biotech	11,066
labcorp holdings inc. ordinary shares	6,704

New stocks bought by FIRST UNITED BANK TRUST/

Additions

Ticker	% Inc.
palo alto networks inc com	761
servicenow inc	370
tesla inc com	222
williams sonoma inc	100
vanguard index fds sml cp grw etf	63.63
vanguard index fds small cp etf	24.6
spdr dow jones industrial average	23.85
shopify inc	22.34

Additions to existing portfolio by FIRST UNITED BANK TRUST/

Reductions

Ticker	% Reduced
edwards lifesciences corp	-97.53
rockwell intl corp new automation	-96.08
walgreen company	-94.34
sherwin williams co.	-82.42
anthem inc com	-82.4
solventum corp com	-73.68
boeing co com	-71.43
deere & company	-70.56

FIRST UNITED BANK TRUST/ reduced stake in above stock

Sold off

Ticker	$ Sold
howmet aerospace inc	-348,636
commercial metals company	-163,540
alcoa corp	-108,241
baxter international inc	-66,900
takeda pharmaceutical company limited	-22,645
kennametal inc	-35,310
westrock co usd 0.01	-49,406
sirius xm radio inc com	-19,187

FIRST UNITED BANK TRUST/ got rid off the above stocks

Sector Distribution

FIRST UNITED BANK & TRUST has about 52.2% of it's holdings in Others sector.

Sector	%
Others	52.2
Technology	13.8
Financial Services	7.3
Healthcare	6.3
Consumer Cyclical	4.8
Industrials	3.9
Consumer Defensive	3.3
Communication Services	2.7
Utilities	1.9
Energy	1.9
Basic Materials	1.1

Market Cap. Distribution

FIRST UNITED BANK & TRUST has about 46.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	52.2
LARGE-CAP	26.6
MEGA-CAP	20.1

Stocks belong to which Index?

About 44.9% of the stocks held by FIRST UNITED BANK & TRUST either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	54.4
S&P 500	44.9

Top 5 Winners (%)		%
ERIE	erie indty co cl a	49.0 %
PLTR	palantir technologies inc cl a	46.9 %
LCID	lucid group inc	35.3 %
DHI	d r horton inc	34.4 %
MMM	3m co com	33.8 %

Top 5 Winners ($)		$
ERIE	erie indty co cl a	1.8 M
AAPL	apple inc com	0.9 M
LOW	lowes cos inc com	0.7 M
IJR	ishares select dividend etf	0.7 M
MCD	mcdonalds corp com	0.5 M

Top 5 Losers (%)		%
WSM	williams sonoma inc	-27.8 %
EW	edwards lifesciences corp	-27.7 %
INTC	intel corp com	-24.6 %
ODP	the odp corp usd 0.01	-24.2 %
LRCX	lam research corp com	-23.4 %

Top 5 Losers ($)		$
GOOG	alphabet inc	-0.4 M
MCHP	microchip technology inc. com	-0.3 M
MSFT	microsoft corp com	-0.3 M
VLO	valero energy new	-0.2 M
EW	edwards lifesciences corp	-0.2 M

FIRST UNITED BANK TRUST/ Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of FIRST UNITED BANK TRUST/

FIRST UNITED BANK & TRUST has 378 stocks in it's portfolio. About 32.6% of the portfolio is in top 10 stocks. GOOG proved to be the most loss making stock for the portfolio. ERIE was the most profitable stock for FIRST UNITED BANK & TRUST last quarter.

Last Reported on: 15 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AA	alcoa corp	0.00	0.00	0.00	sold off	-100

AAPL	apple inc com	3.34	39,870	9,289,710	reduced	-5.97

AAXJ	ishares 1-3 yr cr bd etf	0.18	9,556	503,219	reduced	-2.6

AAXJ	ishares tr 3 7 yr treas bd	0.11	2,475	296,022	added	15.17

AAXJ	ishares tr u.s. med dvc etf	0.04	2,130	126,139	reduced	-15.31

AAXJ	ishares govt/credit bond	0.02	567	60,578	reduced	-2.07

AAXJ	ishares tr jp mor em mk etf	0.02	466	43,608	reduced	-3.52

AAXJ	ishares global clean energy	0.00	560	8,226	reduced	-9.68

ABBV	abbvie inc	0.22	3,134	618,902	reduced	-1.79

ABT	abbott labs com	0.66	16,174	1,844,000	reduced	-3.85

ACES	alerian mlp alps etf	0.01	834	39,306	unchanged	0.00

ACSG	dbx etf tr xtrack msci eurp	0.12	7,965	337,238	unchanged	0.00

ACSG	xtrackers msci japan hedged equity etf	0.03	1,290	92,119	unchanged	0.00

ADBE	adobe sys inc	0.02	124	64,205	unchanged	0.00

ADI	analog divices inc	0.01	178	40,970	reduced	-61.64

ADM	archer daniels midland co	0.00	106	6,332	unchanged	0.00

ADP	automatic data processing	0.11	1,100	304,403	reduced	-3.51

ADSK	autodesk inc	0.00	24.00	6,612	unchanged	0.00

AEP	american elec pwr inc com	0.03	766	78,592	added	17.13

AFK	vaneck vectors gold miners etf	0.00	0.00	0.00	sold off	-100