First National Trust Co
SEC Form 13F institutional filer · CIK 0001277303
13F-HR · 234 reported holdings · 2026-03-31
SEC-registered institutional investment manager.
Reported long-US-equity value
$2.05B
Top-10 concentration
40.2%
First National Trust Co — $2.05B AUM allocation strategy
First National Trust Co files SEC Form 13F and reports $2.05B of long US equity value across 234 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 18.1%, followed by Financials 7.8% and Communication Services 5.1%.
The top 10 holdings account for 40% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
First National Trust Co — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$2.05B
total across 234 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
40% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$IVV +88.9K sh · +$6.76M+$SCHW +68.7K sh · +$2.5M+$CCL +65.9K sh · +$1.61M
Biggest trims (shares)
−$USB −61.8K sh · −$8.68M−$TROW −44.7K sh · −$3.58M−$IWM −29.4K sh · −$13.9M
Exited to nil (held last quarter, gone now)
$Q ($274K last qtr)$WDAY ($246K last qtr)$AXON ($228K last qtr)$ELV ($222K last qtr)$KMB ($212K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Semiconductors7.2%—
- Technology Hardware, Storage & Peripherals6.8%—
- Interactive Media & Services5.1%—
- Systems Software4.1%—
- Pharmaceuticals3.1%—
- Diversified Banks2.6%—
- Broadline Retail2.3%—
- Investment Banking & Brokerage2.2%—
- Other holdings66.6%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
8 of 8 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $AAPL | Apple Inc | 549K | $139M | -11.3K | 6.8% |
| $NVDA | NVIDIA Corporation | 546K | $95.2M | -12.1K | 4.6% |
| $MSFT | Microsoft Corporation | 228K | $84.5M | +7.33K | 4.1% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 252K | $72.4M | -19.2K | 3.5% |
| $AVGO | Broadcom Inc | 172K | $53.3M | -24.9K | 2.6% |
| $JPM | JP Morgan Chase & Co | 177K | $52M | -2.04K | 2.5% |
| $AMZN | Amazon.com Inc | 230K | $48M | -9.6K | 2.3% |
| $SCHW | Charles Schwab Corporation | 1.51M | $46.1M | +68.7K | 2.2% |
…and 226 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
Newsletter signup
Free subscription. Daily trading day morning dispatch. No spam.