First Bank & Trust 13F annual report

First Bank & Trust is an investment fund managing more than $491 billion ran by Erin Snyder. There are currently 223 companies in Mrs. Snyder’s portfolio. The largest investments include Van Ttl Stk Mkt and Vanguard Ftse Dev, together worth $101 billion.

Limited to 30 biggest holdings

$491 billion Assets Under Management (AUM)

As of 2nd July 2024, First Bank & Trust’s top holding is 219,682 shares of Van Ttl Stk Mkt currently worth over $58.8 billion and making up 12.0% of the portfolio value. In addition, the fund holds 858,631 shares of Vanguard Ftse Dev worth $42.4 billion. The third-largest holding is Ishares Core worth $25.7 billion and the next is Vanguard Ftse Emg worth $20.5 billion, with 467,574 shares owned.

Currently, First Bank & Trust's portfolio is worth at least $491 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 Bank & Trust

The First Bank & Trust office and employees reside in Brookings, South Dakota. According to the last 13-F report filed with the SEC, Erin Snyder serves as the WMS Operations/Compliance Admin at First Bank & Trust.

Recent trades

In the most recent 13F filing, First Bank & Trust revealed that it had opened a new position in Marvell Technology Inc and bought 14,073 shares worth $984 million. This means they effectively own approximately 0.1% of the company. Marvell Technology Inc makes up 2.2% of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Vanguard Ftse Dev by buying 24,028 additional shares. This makes their stake in Vanguard Ftse Dev total 858,631 shares worth $42.4 billion.

On the other hand, there are companies that First Bank & Trust is getting rid of from its portfolio. First Bank & Trust closed its position in Lululemon Athletica inc on 9th July 2024. It sold the previously owned 4,062 shares for $1.59 billion. Erin Snyder also disclosed a decreased stake in Van Ttl Stk Mkt by approximately 0.1%. This leaves the value of the investment at $58.8 billion and 219,682 shares.

One of the average hedge funds

The two most similar investment funds to First Bank & Trust are Cfm Wealth Partners and Peninsula Wealth. They manage $491 billion and $491 billion respectively.


Erin Snyder investment strategy

First Bank & Trust’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 9.0% of the total portfolio value. The fund focuses on investments in the United States as 42.6% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 33% of the total holdings value. On the other hand, small-cap stocks make up only 0.4% of the portfolio. The average market cap of the portfolio companies is close to $123 billion.

The complete list of First Bank & Trust trades based on 13F SEC filings

These positions were updated on July 9th 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
Van Ttl Stk Mkt
0.54%
219,682
$58,767,132,000 11.97%
Vanguard Ftse Dev
2.88%
858,631
$42,433,557,000 8.64%
Ishares Core
7.77%
264,943
$25,717,996,000 5.24%
Vanguard Ftse Emg
1.31%
467,574
$20,461,017,000 4.17%
Vanguard Index Fd Et
0.50%
31,630
$15,819,094,000 3.22%
Microsoft Corp (wa)
1.12%
34,847
$15,574,867,000 3.17%
Daktronics Inc.
11.49%
882,642
$12,312,856,000 2.51%
Ishares Core Sp Scp
1.87%
114,195
$12,180,021,000 2.48%
Big Sioux Financial
No change
101
$10,810,131,000 2.20%
Ishares Tr Core Sp
5.24%
182,192
$10,661,885,000 2.17%
Vanguard Sp 500 Val
No change
45,762
$8,044,044,000 1.64%
Vanguard Sp 600 Val
No change
78,422
$6,561,569,000 1.34%
NVIDIA Corp
671.58%
49,767
$6,148,215,000 1.25%
Sp 500 Catholic
No change
79,722
$5,213,819,000 1.06%
Alphabet Inc
2.29%
27,949
$5,126,405,000 1.04%
Amazon.com Inc.
21.21%
25,546
$4,936,765,000 1.01%
Duke Energy Corp.
2.12%
46,675
$4,678,236,000 0.95%
Verizon Comm
0.37%
110,976
$4,576,651,000 0.93%
Phillip Morris Intl
2.07%
44,478
$4,506,956,000 0.92%
Total Sa-spon Adr
14.54%
66,506
$4,434,553,000 0.90%
Facebook Inc
0.26%
8,597
$4,334,780,000 0.88%
Williams Cos Inc
2.26%
101,493
$4,313,453,000 0.88%
Southern Company
0.49%
54,775
$4,248,897,000 0.87%
ServiceNow Inc
2.62%
4,649
$3,657,229,000 0.74%
Lyondellbasell Ind
2.34%
38,130
$3,647,516,000 0.74%
Intuit Inc
1.71%
5,462
$3,589,681,000 0.73%
Costco Whsl Corp
0.22%
4,132
$3,512,159,000 0.72%
Gilead Sciences In
30.67%
50,005
$3,430,843,000 0.70%
Mastercard Incorporated
1.19%
7,763
$3,424,725,000 0.70%
AMGEN Inc.
10.01%
10,960
$3,424,452,000 0.70%
Apple Inc
2.99%
15,986
$3,366,972,000 0.69%
Intuitive Surgical Inc
4.75%
7,559
$3,362,621,000 0.68%
Vanguard Ftse Etf
No change
43,465
$3,224,234,000 0.66%
Xcel Energy Inc.
20.68%
58,667
$3,133,404,000 0.64%
Enbridge Inc C
1.82%
87,156
$3,101,882,000 0.63%
Att Inc
1.91%
159,544
$3,048,886,000 0.62%
Us Bancorp Del Com
3.40%
76,617
$3,041,695,000 0.62%
Abbvie Inc Usd .01
10.52%
16,828
$2,886,339,000 0.59%
Cintas Corporation
0.68%
4,114
$2,880,869,000 0.59%
American Elec Pwr
6.11%
31,569
$2,769,864,000 0.56%
Natl Grid Plc Npv
10.51%
48,320
$2,744,519,000 0.56%
Sanofi
57.48%
56,466
$2,739,730,000 0.56%
Progressive Corp Oh
2.95%
13,105
$2,722,040,000 0.55%
Chevron Corp.
9.02%
16,962
$2,653,196,000 0.54%
Pnc Financial Serv
0.48%
16,917
$2,630,255,000 0.54%
Dominion Resources
3.09%
53,106
$2,602,194,000 0.53%
Huntington Bancshrs
0.42%
195,112
$2,571,576,000 0.52%
Uber Technologies Inc
4.60%
34,670
$2,519,816,000 0.51%
Kimberly-Clark Corp.
9.85%
17,995
$2,486,909,000 0.51%
Jp Morgan Chase Co
12.96%
11,112
$2,247,513,000 0.46%
Entergy Corp.
0.57%
20,540
$2,197,780,000 0.45%
Tc Energy Corp Com
2.06%
57,622
$2,183,874,000 0.44%
Adobe Systems Inc
2.79%
3,907
$2,170,495,000 0.44%
Pfizer Inc.
4.81%
75,236
$2,105,103,000 0.43%
Truist Financial Cor
3.25%
53,862
$2,092,539,000 0.43%
Edwards Lifesciences Corp
4.56%
21,936
$2,026,229,000 0.41%
Can Imperial Bk Comm
2.58%
41,295
$1,963,165,000 0.40%
Autodesk Inc.
15.65%
7,870
$1,947,431,000 0.40%
Spdr Gold Trust Etf
No change
8,940
$1,922,189,000 0.39%
Thermo Fisher Scient
0.63%
3,322
$1,837,066,000 0.37%
Nxp Semiconductors
0.18%
6,691
$1,800,482,000 0.37%
Conagra Foods Inc
15.27%
63,242
$1,797,338,000 0.37%
Coca-Cola Co
0.95%
27,718
$1,764,251,000 0.36%
Costar Group, Inc.
7.44%
23,663
$1,754,375,000 0.36%
Alphabet Inc
1.98%
9,502
$1,730,789,000 0.35%
Zoetis Inc
2.47%
9,919
$1,719,558,000 0.35%
Kenvue Inc Com
1.99%
93,833
$1,705,884,000 0.35%
Vanguard Ftse Europe
No change
25,485
$1,701,633,000 0.35%
Sp Global Inc Usd
0.21%
3,803
$1,696,138,000 0.35%
Hilton Worldwide Hldgs Inc Com
154.14%
7,680
$1,675,776,000 0.34%
Msci Emg Mrkt China
No change
27,895
$1,651,384,000 0.34%
Super Micro Computer Inc
5.15%
1,990
$1,630,507,000 0.33%
Realty Income Corp.
130.81%
30,162
$1,593,157,000 0.32%
Lululemon Athletica inc.
Closed
4,062
$1,586,821,000
Ishares Trust Core
13.74%
21,800
$1,583,552,000 0.32%
Generac Hldgs Inc Com
13.26%
11,466
$1,516,034,000 0.31%
Align Technology, Inc.
10.51%
6,184
$1,493,004,000 0.30%
Atlassian Corporation
5.33%
8,380
$1,482,254,000 0.30%
Veralto Corp Com Shs
8.64%
14,933
$1,425,654,000 0.29%
British American Tob
14.79%
44,760
$1,384,396,000 0.28%
PPL Corp
1.73%
48,443
$1,339,449,000 0.27%
Unilever Plc-spons A
20.08%
22,349
$1,228,971,000 0.25%
Berkshire Hathaway Inc.
2.16%
2,994
$1,829,793,000 0.37%
Bristol-Myers Squibb Co.
44.29%
29,157
$1,210,890,000 0.25%
Wells Fargo Co
4.43%
19,814
$1,176,753,000 0.24%
Ups Cl B
9.33%
8,444
$1,155,561,000 0.24%
Ishares Msci Emging
No change
26,947
$1,147,673,000 0.23%
Ishares Core Sp
31.59%
2,041
$1,116,896,000 0.23%
Merck
0.19%
8,894
$1,101,077,000 0.22%
Amcor Plc
4.58%
111,667
$1,092,103,000 0.22%
Ishares 1000 Grwth
0.07%
2,907
$1,059,631,000 0.22%
Coastal Financial Corp
1.16%
21,514
$992,656,000 0.20%
Marvell Technology Inc
Opened
14,073
$983,703,000 0.20%
BCE Inc
30.19%
28,312
$916,459,000 0.19%
Visa Inc
0.63%
3,461
$908,409,000 0.19%
Ishares 1000 Value
2.51%
5,004
$873,048,000 0.18%
Roper Industries Inc
0.20%
1,513
$852,817,000 0.17%
Transdigm
Opened
649
$829,169,000 0.17%
Dick's Sporting Good
11.40%
3,520
$756,272,000 0.15%
Idex Corporation
3.20%
3,661
$736,593,000 0.15%
Exxon Mobil Corp.
0.16%
6,311
$726,522,000 0.15%
Veeva Systems Inc
12.85%
3,881
$710,262,000 0.14%
Deere Co
3.61%
1,870
$698,688,000 0.14%
Kkr Co Inc Cl A
1.62%
6,536
$687,849,000 0.14%
Caseys Gen Store
No change
1,771
$675,743,000 0.14%
Advanced Micro Devcs
5.78%
4,029
$653,544,000 0.13%
Dell Technologies In
0.41%
4,588
$632,731,000 0.13%
Owens Corning
0.36%
3,585
$622,786,000 0.13%
Marathon Petroleum Corp
No change
3,566
$618,630,000 0.13%
Ishares Core Msci
18.83%
11,482
$614,631,000 0.13%
RBC Bearings Inc.
0.84%
2,272
$612,940,000 0.12%
Wal-mart Stores, Inc
0.54%
8,987
$608,510,000 0.12%
Unitedhealth Group Inc
4.22%
1,157
$589,214,000 0.12%
Watsco, Inc.
2.17%
1,263
$585,072,000 0.12%
PJT Partners Inc
0.49%
5,337
$575,916,000 0.12%
Taiwan Semiconductor
4.36%
3,279
$569,923,000 0.12%
Vanguard Ttl Intl St
No change
8,587
$517,796,000 0.11%
Workday Inc
Opened
2,306
$515,529,000 0.11%
Goldman Sachs Group, Inc.
No change
1,133
$512,479,000 0.10%
Cadence Design Sys
Opened
1,653
$508,711,000 0.10%
Freshpet Inc
0.10%
3,926
$507,985,000 0.10%
Pool Corporation
1.91%
1,641
$504,329,000 0.10%
Bookings Holdings
0.79%
127
$503,111,000 0.10%
Match Group Ord
6.11%
16,406
$498,415,000 0.10%
Eli Lilly Company
No change
546
$494,337,000 0.10%
United Rentals, Inc.
3.25%
715
$462,412,000 0.09%
Paychex Inc.
40.34%
3,880
$460,013,000 0.09%
Jones Lang Lasalle I
2.57%
2,197
$451,000,000 0.09%
Oracle Corp.
No change
3,187
$450,005,000 0.09%
Ishares Russell 2000
16.22%
2,200
$446,358,000 0.09%
Ishares Msci Usa Min Vol Factor
10.69%
5,245
$440,370,000 0.09%
Ishares Msci Usa
8.53%
8,218
$661,822,000 0.13%
Virtu Fincl Inc
0.81%
19,455
$436,765,000 0.09%
American Intl Corp
8.58%
5,755
$427,251,000 0.09%
Cisco Systems, Inc.
31.53%
8,950
$425,215,000 0.09%
Houlihan Lokey Inc
No change
3,105
$418,740,000 0.09%
Timken Co.
1.86%
5,224
$418,599,000 0.09%
Alliant Energy Corp.
No change
8,212
$417,991,000 0.09%
Vanguard Mid Cap
26.09%
1,722
$416,896,000 0.08%
Broadcom In
21.70%
258
$414,227,000 0.08%
Honeywell Int'l Inc
0.36%
1,927
$411,492,000 0.08%
Marriott Intl
No change
1,671
$403,997,000 0.08%
Procore Technologies, Inc.
6.59%
6,034
$400,114,000 0.08%
Ameriprise Financial Inc
0.21%
936
$399,850,000 0.08%
First Citizens Bcshs
3.27%
237
$399,016,000 0.08%
T-Mobile US Inc
6.24%
2,246
$395,700,000 0.08%
Etf Vanguard Div
28.78%
2,108
$384,815,000 0.08%
Ameren Corp.
No change
5,400
$383,994,000 0.08%
Shopify Inc
Closed
4,960
$382,763,000
Anthem Inc
2.47%
705
$382,011,000 0.08%
Crown Castle Intl Co
75.62%
3,900
$381,030,000 0.08%
Avantor, Inc.
13.82%
17,821
$377,805,000 0.08%
Casella Waste System
No change
3,699
$367,015,000 0.07%
Cytokinetics Inc Com New
4.69%
6,757
$366,094,000 0.07%
Abbott Laboratories
3.19%
3,460
$359,528,000 0.07%
C H Robinson Ww
5.72%
4,035
$355,564,000 0.07%
Procter Gamble Co
No change
2,139
$352,764,000 0.07%
Discover Fincl Serv
1.54%
2,627
$343,638,000 0.07%
Dycom Industries, Inc.
No change
2,013
$339,713,000 0.07%
Guidewire Software I
No change
2,455
$338,520,000 0.07%
Pinnacle Finl Partners Inc Com
2.76%
4,227
$338,329,000 0.07%
Suncor Energy, Inc.
4.68%
8,654
$329,717,000 0.07%
Evercore Partners
2.64%
1,549
$322,858,000 0.07%
Parsons Corp
No change
3,940
$322,331,000 0.07%
TJX Companies, Inc.
0.44%
2,918
$321,272,000 0.07%
Ncino, Inc.
5.66%
10,188
$320,413,000 0.07%
General Mills, Inc.
No change
4,979
$314,972,000 0.06%
Commerce Bancshares, Inc.
No change
5,628
$313,930,000 0.06%
Lowes Companies Inc
6.36%
1,413
$311,510,000 0.06%
Bentley Systems Inc
1.16%
6,203
$306,180,000 0.06%
Disney (walt) Co
2.74%
3,083
$306,111,000 0.06%
Catalent Inc.
0.56%
5,296
$297,794,000 0.06%
Cabot Corp.
No change
3,227
$296,529,000 0.06%
Atlanta Braves Hldgs Inc Com Se
No change
7,487
$295,287,000 0.06%
Spx Corp Usd
No change
2,077
$295,225,000 0.06%
Moog Inc.
No change
1,763
$294,950,000 0.06%
Analog Devices Inc.
0.71%
1,277
$291,488,000 0.06%
Bank Of America Corp.
7.42%
7,323
$291,236,000 0.06%
Appfolio Inc
1.24%
1,190
$291,038,000 0.06%
FTI Consulting Inc.
No change
1,304
$281,051,000 0.06%
Sps Comm Inc Com
No change
1,487
$279,793,000 0.06%
SBA Communications Corp
79.93%
1,398
$274,427,000 0.06%
Invesco Qqq Trust Et
Closed
614
$272,622,000
Centene Corp.
2.17%
4,064
$269,443,000 0.05%
Expedia Inc
9.99%
2,136
$269,115,000 0.05%
FirstService Corp
Closed
1,621
$268,762,000
Impinj Inc
Opened
1,713
$268,547,000 0.05%
Starbucks Corp.
No change
3,438
$267,648,000 0.05%
Vang Indx Growth
Closed
776
$267,099,000
Target Corp
6.39%
1,774
$262,623,000 0.05%
Jacobs Solutions Inc
Closed
1,699
$261,188,000
Franklin Electric In
No change
2,706
$260,642,000 0.05%
Palo Alto Net
3.05%
762
$258,326,000 0.05%
Meritage Homes Corp.
No change
1,572
$254,428,000 0.05%
Hedge Mlti Etf
12.72%
8,130
$252,274,000 0.05%
Carrier Global Corporation
5.53%
3,947
$248,977,000 0.05%
FormFactor Inc.
Opened
3,998
$241,999,000 0.05%
Chubb Ltd Chf
9.78%
941
$240,030,000 0.05%
Rus Mid Cap Etf
No change
2,943
$238,618,000 0.05%
Oge Energy Corp.
No change
6,606
$235,834,000 0.05%
Dover Corp.
No change
1,306
$235,668,000 0.05%
Humana Inc.
2.31%
621
$232,037,000 0.05%
Fiserv Incorported
1.57%
1,556
$231,906,000 0.05%
Vanguard Ftse All Wo
No change
3,950
$231,628,000 0.05%
First America
Closed
3,794
$231,624,000
Darling Ingredients Inc
Closed
4,970
$231,154,000
Monolithic Power Sys
Opened
281
$230,892,000 0.05%
Caterpillar Inc.
4.75%
682
$227,174,000 0.05%
Utz Brands Cl A Ord
2.63%
13,554
$225,539,000 0.05%
EOG Resources, Inc.
18.45%
1,781
$224,174,000 0.05%
Firstcash Hlds Inc
Closed
1,756
$223,960,000
Raymond James Financ
No change
1,807
$223,364,000 0.05%
Paypal Holdgs Inc
Opened
3,845
$223,125,000 0.05%
Reinsurance Group
No change
1,085
$222,718,000 0.05%
Medtronic Plc
71.14%
2,828
$222,592,000 0.05%
Flowserve Corp.
No change
4,609
$221,693,000 0.05%
Myr Group Inc Del Com
4.32%
1,617
$219,443,000 0.04%
Spdr Sp 500 Etf Tr
No change
402
$218,776,000 0.04%
F5 Networks Inc
No change
1,269
$218,560,000 0.04%
Chewy Inc
Closed
13,648
$217,140,000
Illinois Tool Works, Inc.
No change
904
$214,212,000 0.04%
Gen Elec Co Usd .06
2.44%
1,344
$213,656,000 0.04%
Blackstone Group Inc
2.47%
1,699
$210,336,000 0.04%
GATX Corp.
No change
1,575
$208,467,000 0.04%
Bank New York
Opened
3,429
$205,363,000 0.04%
Raytheon Technologie
Closed
2,101
$204,911,000
BridgeBio Pharma Inc
0.16%
8,044
$203,754,000 0.04%
Accenture plc
Closed
586
$203,113,000
Ishares Sp 500 Grth
Opened
2,184
$202,107,000 0.04%
Spdr Dow Jones Indl
Closed
504
$200,471,000
Stevanato Group
6.45%
10,927
$200,401,000 0.04%
Keycorp
No change
13,280
$188,709,000 0.04%
Newpark Res Inc Com Par $.01new
26.62%
19,739
$164,031,000 0.03%
Extreme Networks Com
Opened
11,633
$156,464,000 0.03%
Sunopta, Inc.
Opened
23,553
$127,186,000 0.03%
Spirit Airls Inc
Closed
14,544
$70,393,000
Larson Sd Holdings,
Closed
40,111
$40,111,000
Larson Ia Holdings,
Closed
40,111
$40,111,000
Exagen Inc
No change
13,518
$24,603,000 0.01%
Kezar Life Sciences Inc
Closed
11,739
$10,584,000
No transactions found
Showing first 500 out of 240 holdings