Managers / Q1 2024 · view latest →
First International Bank & Trust
CIK 0001910370 · 100 NORTH MAIN STREET, WATFORD CITY, ND, 58854 · 602-396-1981
Reported Value
$290M
Q1 2024
Positions
106
Filings on Record
16
2019–present window
Filed
Apr 16, 2024
original filing
Summary
First International Bank & Trust reported $290M in U.S.-listed holdings across 106 positions for Q1 2024.
The portfolio is heavily concentrated: Anfield Capital Universal Fixed Income alone accounts for 23.9% of reported value.
Compared with Q4 2023, the fund opened 4 new positions and exited 3.
Portfolio Metrics
Turnover
+13.4%
vs prior filed quarter
Top-10 Concentration
+81.3%
share of reported value
Largest Position
+23.9%
Anfield Capital Universal Fixed Income
New / Exited
4 / 3
positions this quarter
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- ETP · 63.0% · $182M
- Other · 30.1% · $87M
- Common Stock · 6.8% · $20M
- REIT · 0.1% · $391,980
Quarter-over-Quarter Changes full breakdown →
vs Q4 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| RLYSTATE STREET SPDR MULTI-ASSET REAL RETURN | NEW | +814.6K | 814.6K | +$23M | $23M |
| IFLNINVESCO FUNDAMENTAL HIGH YIELD CORPORATE BOND | NEW | +190.3K | 190.3K | +$3M | $3M |
| VZVERIZON COMMUNICATIONS | NEW | +5.8K | 5.8K | +$242,487 | $242,487 |
| DISWALT DISNEY CO | NEW | +1.8K | 1.8K | +$214,619 | $214,619 |
| WMTWAL-MART STORES, INC | ADDED | +7.6K | 11.4K | +$87,097 | $687,743 |
| SCHASCHWAB US SMALL-CAP | ADDED | +272.1K | 427.9K | +$14M | $21M |
| STATE STREET SPDR BLOOMBERG HIGH YIELD BOND | SOLD OUT | −35.3K | 0 | −$3M | $0 |
| BATHE BOEING COMPANY | SOLD OUT | −1.0K | 0 | −$260,660 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2024
68 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ANFIELD CAPITAL UNIVERSAL FIXED INCOME | Fixed Income ETF | 23.94% | $69M | 7.62M |
| 2 | MOATVANECK MORNINGSTAR WIDE MOAThistory → | Exchange Traded Fund | 14.36% | $42M | 462.7K |
| 3 | RLYSTATE STREET SPDR MULTI-ASSET REAL RETURNhistory → | Exchange Traded Fund | 7.86% | $23M | 814.6K |
| 4 | SPYSTATE STREET SPDR S&P 500 INDEXhistory → | Exchange Traded Fund | 7.62% | $22M | 42.2K |
| 5 | SCHASCHWAB US SMALL-CAPhistory → | Exchange Traded Fund | 7.27% | $21M | 427.9K |
| 6 | ANFIELD CAPITAL US EQUITY SECTOR ROTATION | Exchange Traded Fund | 6.18% | $18M | 1.15M |
| 7 | DXJWisdomTree Japan Hedged Equity Fundhistory → | International Equity ETF | 6.01% | $17M | 160.5K |
| 8 | SPMDSTATE STREET SPDR S&P 400 MID-CAPhistory → | Exchange Traded Fund | 3.67% | $11M | 199.5K |
| 9 | BILSTATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILLhistory → | Fixed Income ETF | 2.28% | $7M | 71.8K |
| 10 | JPSTJP MORGAN ULTRA-SHORT INCOMEhistory → | Fixed Income ETF | 2.11% | $6M | 121.0K |
| 11 | ICSHBLACKROCK ISHARES ULTRA SHORT-TERM BONDhistory → | Fixed Income ETF | 2.10% | $6M | 120.4K |
| 12 | MUNIPIMCO INTERMEDIATE MUNICIPAL BOND ACTIVEhistory → | Fixed Income ETF | 1.36% | $4M | 75.2K |
| 13 | IFLNINVESCO FUNDAMENTAL HIGH YIELD CORPORATE BONDhistory → | Fixed Income ETF | 1.19% | $3M | 190.3K |
| 14 | MSFTMICROSOFThistory → | Common Stock | 1.03% | $3M | 7.1K |
| 15 | MUBBLACKROCK ISHARES NATIONAL MUNICIPAL BONDhistory → | Fixed Income ETF | 1.00% | $3M | 27.0K |
| 16 | SHMSTATE STREET SPDR NUVEEN BLMBERG SHORT TERM MUNI | Fixed Income ETF | 0.93% | $3M | 57.1K |
| 17 | ALKTALKAMI TECHNOLOGY INC | Common Stock | 0.84% | $2M | 99.1K |
| 18 | BRK/ABERKSHIRE HATHAWAY INC. DEL | Common Stock | 0.75% | $2M | 2.2K |
| 19 | IGSBBLACKROCK ISHARES 1-5 YEAR INVESTMENT GRADE | Fixed Income ETF | 0.71% | $2M | 40.3K |
| 20 | ACWVBLACKROCK ISHARES MSCI GLOBAL MINIMUM VOLATILITY | Exchange Traded Fund | 0.57% | $2M | 15.8K |
| 21 | FEZSTATE STREET SPDR EURO STOXX 50 | International Equity ETF | 0.49% | $1M | 26.9K |
| 22 | XLVSTATE STREET SPDR HEALTH CARE | Exchange Traded Fund | 0.41% | $1M | 8.0K |
| 23 | QQQINVESCO QQQ TRUST NASDAQ 100 INDEX | Exchange Traded Fund | 0.35% | $1M | 2.3K |
| 24 | AAPLAPPLE INC | Common Stock | 0.34% | $992,527 | 5.8K |
| 25 | DEDEERE & COMPANY | Common Stock | 0.32% | $929,915 | 2.3K |
| 26 | VBKVANGUARD SMALL-CAP GROWTH INDEX | Exchange Traded Fund | 0.32% | $925,035 | 3.5K |
| 27 | MDYGSTATE STREET SPDR S&P 400 MID-CAP GROWTH | Exchange Traded Fund | 0.30% | $880,669 | 10.1K |
| 28 | VUGVANGUARD GROWTH INDEX | Exchange Traded Fund | 0.26% | $759,305 | 2.2K |
| 29 | AXPAMERICAN EXPRESS CO | Common Stock | 0.25% | $725,193 | 3.2K |
| 30 | WMTWAL-MART STORES, INC | Common Stock | 0.24% | $687,743 | 11.4K |
| 31 | AMZNAMAZON INC COMMON | Common Stock | 0.23% | $658,387 | 3.6K |
| 32 | ADPAUTOMATIC DATA PROCESSING | Common Stock | 0.22% | $637,336 | 2.6K |
| 33 | MCDMCDONALD'S CORPORATION | Common Stock | 0.22% | $633,542 | 2.2K |
| 34 | VOEVANGUARD MID-CAP VALUE INDEX | Exchange Traded Fund | 0.21% | $620,834 | 4.0K |
| 35 | IWPBLACKROCK ISHARES RUSSELL MID-CAP GROWTH | Exchange Traded Fund | 0.19% | $541,594 | 4.7K |
| 36 | VTVVANGUARD VALUE INDEX FUND | Exchange Traded Fund | 0.18% | $519,523 | 3.2K |
| 37 | PEPPEPSICO INC | Common Stock | 0.18% | $517,680 | 3.0K |
| 38 | COSTCOSTCO WHOLESALE CORPORATION | Common Stock | 0.16% | $467,418 | 638 |
| 39 | ORCLORACLE CORPORATION | Common Stock | 0.16% | $460,612 | 3.7K |
| 40 | XLKSTATE STREET SPDR TECHNOLOGY | Exchange Traded Fund | 0.16% | $453,612 | 2.2K |
| 41 | MBBBLACKROCK ISHARES MBS | Fixed Income ETF | 0.16% | $450,732 | 4.9K |
| 42 | VNQVANGUARD REAL ESTATE INDEX | Exchange Traded Fund | 0.14% | $409,396 | 4.7K |
| 43 | ABBVABBVIE INC | Common Stock | 0.14% | $402,805 | 2.2K |
| 44 | EXMOCEXXON MOBIL CORP | Common Stock | 0.14% | $400,214 | 3.4K |
| 45 | JAAAJANUS HENDERSON AAA CLO | Fixed Income ETF | 0.14% | $399,019 | 7.9K |
| 46 | LOWLOWES COMPANIES INC | Common Stock | 0.14% | $395,596 | 1.6K |
| 47 | FLOTiShares Floating Rate Bond ETF | Fixed Income ETF | 0.14% | $395,307 | 7.7K |
| 48 | CSRCENTERSPACE | Common Stock | 0.14% | $391,980 | 6.9K |
| 49 | GSLCGOLDMAN SACHS ACTIVEBETA US LARGE CAP EQUITY | Exchange Traded Fund | 0.13% | $376,031 | 3.6K |
| 50 | JNJJOHNSON & JOHNSON | Common Stock | 0.12% | $336,944 | 2.1K |
| 51 | KOCOCA COLA | Common Stock | 0.12% | $334,532 | 5.5K |
| 52 | AFLAFLAC INC | Common Stock | 0.11% | $321,202 | 3.7K |
| 53 | CVXCHEVRON CORPORATION COMMON | Common Stock | 0.11% | $307,435 | 1.9K |
| 54 | PGPROCTOR & GAMBLE CO | Common Stock | 0.10% | $295,782 | 1.8K |
| 55 | STATE STREET SPDR S&P 600 SMALL-CAP VALUE INDEX | Exchange Traded Fund | 0.10% | $294,958 | 3.6K |
| 56 | VVISA INC | Common Stock | 0.10% | $294,429 | 1.1K |
| 57 | XLPSTATE STREET SPDR CONSUMER STAPLES | Exchange Traded Fund | 0.10% | $280,776 | 3.7K |
| 58 | AMGNAMGEN INC | Common Stock | 0.09% | $269,251 | 947 |
| 59 | CATCATERPILLAR INC | Common Stock | 0.09% | $265,662 | 725 |
| 60 | COPCONOCOPHILLIPS COM | Common Stock | 0.09% | $253,160 | 2.0K |
| 61 | CSCOCISCO SYSTEMS | Common Stock | 0.08% | $246,057 | 4.9K |
| 62 | VZVERIZON COMMUNICATIONS | Common Stock | 0.08% | $242,487 | 5.8K |
| 63 | CLCOLGATE-PALMOLIVE CO | Common Stock | 0.08% | $241,874 | 2.7K |
| 64 | XLFSTATE STREET SPDR FINANCIAL | Exchange Traded Fund | 0.08% | $237,936 | 5.6K |
| 65 | IBMINTL BUSINESS MACHINES | Common Stock | 0.08% | $234,689 | 1.2K |
| 66 | XLCSTATE STREET SPDR COMMUNICATION | Exchange Traded Fund | 0.08% | $232,323 | 2.8K |
| 67 | UNHUNITED HEALTH GROUP INC | Common Stock | 0.08% | $224,594 | 454 |
| 68 | DISWALT DISNEY CO | Common Stock | 0.07% | $214,619 | 1.8K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2025 | $288M | 84 | Oct 7, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $287M | 95 | Jul 8, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $316M | 96 | May 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $309M | 97 | Jan 10, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $312M | 104 | Oct 4, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $291M | 102 | Jul 3, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $290M | 106 | Apr 16, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $256M | 105 | Jan 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $278M | 115 | Oct 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $314M | 127 | Jul 17, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | Under review | 114 | Apr 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | Under review | 112 | Feb 9, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $266M | 113 | Nov 1, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $273M | 114 | Aug 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $294M | 152 | Apr 8, 2022 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.