First Citizens Asset Management 13F annual report
First Citizens Asset Management is an investment fund managing more than $268 billion ran by Paula Heffron. There are currently 12 companies in Mrs. Heffron’s portfolio. The largest investments include Ishares Tr and Ishares Inc, together worth $246 billion.
$268 billion Assets Under Management (AUM)
As of 5th August 2024, First Citizens Asset Management’s top holding is 2,225,556 shares of Ishares Tr currently worth over $235 billion and making up 87.7% of the portfolio value.
In addition, the fund holds 203,915 shares of Ishares Inc worth $10.9 billion.
The third-largest holding is J P Morgan Exchange Traded F worth $7.99 billion and the next is Vanguard Scottsdale Fds worth $4.89 billion, with 56,070 shares owned.
Currently, First Citizens Asset Management's portfolio is worth at least $268 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at First Citizens Asset Management
The First Citizens Asset Management office and employees reside in Raleigh, North Carolina. According to the last 13-F report filed with the SEC, Paula Heffron serves as the Chief Compliance Officer at First Citizens Asset Management.
Recent trades
There are companies that First Citizens Asset Management is getting rid of from its portfolio.
First Citizens Asset Management closed its position in J P Morgan Exchange Traded F on 12th August 2024.
It sold the previously owned 15,018 shares for $794 million.
Paula Heffron also disclosed a decreased stake in Ishares Tr by 0.2%.
This leaves the value of the investment at $235 billion and 2,225,556 shares.
One of the smaller hedge funds
The two most similar investment funds to First Citizens Asset Management are Silverarc Capital Management and Auour Investments. They manage $268 billion and $269 billion respectively.
The complete list of First Citizens Asset Management trades based on 13F SEC filings
These positions were updated on August 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ishares Tr |
21.91%
2,225,556
|
$235,358,157,000 | 87.71% |
| Ishares Inc |
24.48%
203,915
|
$10,915,570,000 | 4.07% |
| J P Morgan Exchange Traded F |
26.38%
195,600
|
$7,994,172,000 | 2.98% |
| Vanguard Scottsdale Fds |
29.37%
56,070
|
$4,890,538,000 | 1.82% |
| Vanguard Index Fds |
25.75%
28,181
|
$2,360,430,000 | 0.88% |
| Vanguard Intl Equity Index F |
25.96%
43,629
|
$1,770,046,000 | 0.66% |
| Proshares Tr |
23.89%
25,779
|
$1,158,669,000 | 0.43% |
| Vanguard Whitehall Fds |
1.09%
24,712
|
$1,957,832,000 | 0.73% |
| J P Morgan Exchange Traded F |
Closed
15,018
|
$794,002,000 | |
| Invesco Exch Traded Fd Tr Ii |
0.29%
29,346
|
$617,440,000 | 0.23% |
| Spdr Ser Tr |
0.31%
17,972
|
$759,115,000 | 0.28% |
| Ishares Tr |
Closed
701
|
$368,537,000 | |
| Ishares Tr Msci Usa Qlt Fct |
Closed
1,949
|
$320,318,000 | |
| Spdr S&p 500 Etf Tr |
74.53%
569
|
$309,661,000 | 0.12% |
| Vanguard Index Fds |
Closed
606
|
$291,304,000 | |
| Vanguard Bd Index Fds |
No change
3,199
|
$230,488,000 | 0.09% |
| Schwab Strategic Tr |
Closed
5,510
|
$215,000,000 | |
| No transactions found | |||
| Showing first 500 out of 17 holdings | |||
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