First Western Trust Bank 13F annual report
First Western Trust Bank is an investment fund managing more than $2.2 trillion ran by David Weber. There are currently 170 companies in Mr. Weber’s portfolio. The largest investments include Stryker and Vanguard Index Fds, together worth $1.44 trillion.
$2.2 trillion Assets Under Management (AUM)
As of 9th May 2024, First Western Trust Bank’s top holding is 3,504,430 shares of Stryker currently worth over $1.25 trillion and making up 57.1% of the portfolio value.
Relative to the number of outstanding shares of Stryker, First Western Trust Bank owns more than approximately 0.1% of the company.
In addition, the fund holds 463,157 shares of Vanguard Index Fds worth $186 billion.
The third-largest holding is Ishares Tr worth $202 billion and the next is Spdr S&p 500 Etf Tr worth $61.4 billion, with 117,460 shares owned.
Currently, First Western Trust Bank's portfolio is worth at least $2.2 trillion. 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 Western Trust Bank
The First Western Trust Bank office and employees reside in Denver, Colorado. According to the last 13-F report filed with the SEC, David Weber serves as the Chief Financial Officer, Treasurer at First Western Trust Bank.
Recent trades
In the most recent 13F filing, First Western Trust Bank revealed that it had opened a new position in
Ishares Tr and bought 1,230,252 shares worth $29.7 billion.
The investment fund also strengthened its position in Vanguard Index Fds by buying
6,356 additional shares.
This makes their stake in Vanguard Index Fds total 463,157 shares worth $186 billion.
On the other hand, there are companies that First Western Trust Bank is getting rid of from its portfolio.
First Western Trust Bank closed its position in Goldman Sachs on 16th May 2024.
It sold the previously owned 1,502 shares for $579 million.
David Weber also disclosed a decreased stake in Stryker by approximately 0.1%.
This leaves the value of the investment at $1.25 trillion and 3,504,430 shares.
One of the largest hedge funds
The two most similar investment funds to First Western Trust Bank are Peconic Partners and J. Goldman & Co L.P.. They manage $2.19 trillion and $2.19 trillion respectively.
David Weber investment strategy
First Western Trust Bank’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Health Care — making up 58.8% of
the total portfolio value.
The fund focuses on investments in the United States as
58.8% 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
55% of the total holdings value.
On the other hand, small-cap stocks make up only 2.4% of the portfolio.
The average market cap of the portfolio companies is close to $166 billion.
The complete list of First Western Trust Bank trades based on 13F SEC filings
These positions were updated on May 16th 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 |
|---|---|---|---|
| Stryker Corp. |
6.98%
3,504,430
|
$1,254,130,476,000 | 57.11% |
| Vanguard Index Fds |
1.39%
463,157
|
$185,874,186,000 | 8.46% |
| Ishares Tr |
9.97%
1,957,091
|
$202,492,132,000 | 9.22% |
| Spdr S&p 500 Etf Tr |
0.39%
117,460
|
$61,439,803,000 | 2.80% |
| Vanguard Tax-managed Fds |
0.99%
745,048
|
$37,379,038,000 | 1.70% |
| Ishares Tr |
Opened
1,230,252
|
$29,662,224,000 | 1.35% |
| Microsoft Corporation |
6.17%
69,291
|
$29,152,108,000 | 1.33% |
| Apple Inc |
19.28%
94,097
|
$16,135,754,000 | 0.73% |
| Alphabet Inc |
4.66%
115,981
|
$17,522,039,000 | 0.80% |
| Oracle Corp. |
4.57%
109,314
|
$13,730,873,000 | 0.63% |
| Visa Inc |
5.12%
43,475
|
$12,132,958,000 | 0.55% |
| Costco Whsl Corp New |
27.28%
16,014
|
$11,732,337,000 | 0.53% |
| Schlumberger Ltd. |
7.24%
212,528
|
$11,648,640,000 | 0.53% |
| JPMorgan Chase & Co. |
4.00%
55,976
|
$11,211,993,000 | 0.51% |
| Home Depot, Inc. |
3.83%
28,974
|
$11,114,426,000 | 0.51% |
| Tjx Cos Inc New |
3.20%
106,798
|
$10,831,467,000 | 0.49% |
| Mcdonalds Corp |
2.87%
37,905
|
$10,687,253,000 | 0.49% |
| Accenture Plc Ireland |
8.90%
28,793
|
$9,980,106,000 | 0.45% |
| Thermo Fisher Scientific Inc. |
3.92%
15,258
|
$8,868,367,000 | 0.40% |
| Texas Instrs Inc |
4.52%
50,111
|
$8,729,858,000 | 0.40% |
| Danaher Corp. |
4.29%
32,338
|
$8,075,527,000 | 0.37% |
| Roper Technologies Inc |
5.20%
14,164
|
$7,943,512,000 | 0.36% |
| Intuit Inc |
4.86%
12,095
|
$7,861,738,000 | 0.36% |
| Abbott Labs |
4.08%
64,815
|
$7,366,926,000 | 0.34% |
| Ecolab, Inc. |
4.38%
31,243
|
$7,213,935,000 | 0.33% |
| Fiserv, Inc. |
3.24%
44,633
|
$7,133,246,000 | 0.32% |
| Keurig Dr Pepper Inc |
110.77%
218,737
|
$6,708,664,000 | 0.31% |
| Honeywell International Inc |
7.41%
31,297
|
$6,423,636,000 | 0.29% |
| Nike, Inc. |
7.93%
64,989
|
$6,107,641,000 | 0.28% |
| Vanguard Scottsdale Fds |
4.99%
76,078
|
$6,572,625,000 | 0.30% |
| Schwab Charles Corp |
4.82%
81,914
|
$5,925,670,000 | 0.27% |
| Marriott Intl Inc New |
0.93%
22,913
|
$5,781,179,000 | 0.26% |
| Gilead Sciences, Inc. |
6.93%
74,553
|
$5,461,007,000 | 0.25% |
| S&P Global Inc |
4.36%
12,753
|
$5,425,764,000 | 0.25% |
| Fortive Corp |
5.77%
61,921
|
$5,326,445,000 | 0.24% |
| American Tower Corp. |
6.75%
26,329
|
$5,202,325,000 | 0.24% |
| Adobe Inc |
3.85%
10,072
|
$5,082,331,000 | 0.23% |
| Blackrock Inc. |
3.57%
5,920
|
$4,935,670,000 | 0.22% |
| Disney Walt Co |
8.44%
36,351
|
$4,447,908,000 | 0.20% |
| Intercontinental Exchange Inc |
5.20%
31,790
|
$4,368,899,000 | 0.20% |
| Lauder Estee Cos Inc |
12.03%
26,883
|
$4,143,964,000 | 0.19% |
| L3Harris Technologies Inc |
3.42%
18,813
|
$4,009,051,000 | 0.18% |
| Dimensional Etf Trust |
3.60%
105,138
|
$5,648,904,000 | 0.26% |
| NextEra Energy Inc |
6.51%
59,108
|
$3,777,593,000 | 0.17% |
| Wisdomtree Tr |
No change
131,694
|
$7,275,257,000 | 0.33% |
| Johnson & Johnson |
4.28%
21,515
|
$3,403,458,000 | 0.15% |
| Vanguard Intl Equity Index Fds |
0.14%
78,673
|
$3,286,171,000 | 0.15% |
| Pepsico Inc |
0.71%
17,880
|
$3,129,179,000 | 0.14% |
| Coca-Cola Co |
3.37%
40,710
|
$2,490,638,000 | 0.11% |
| Woodward Inc |
0.86%
15,948
|
$2,457,906,000 | 0.11% |
| Knight-swift Transn Hldgs Inc |
No change
43,991
|
$2,420,385,000 | 0.11% |
| Air Prods & Chems Inc |
7.13%
9,775
|
$2,368,189,000 | 0.11% |
| Emerson Elec Co |
No change
19,211
|
$2,178,912,000 | 0.10% |
| Procter And Gamble Co |
14.95%
13,417
|
$2,176,908,000 | 0.10% |
| PayPal Holdings Inc |
11.38%
31,278
|
$2,095,314,000 | 0.10% |
| Berkshire Hathaway Inc. |
2.81%
4,849
|
$2,673,121,000 | 0.12% |
| Zimmer Biomet Holdings Inc |
No change
14,721
|
$1,942,878,000 | 0.09% |
| GE Aerospace |
2.24%
10,378
|
$1,821,650,000 | 0.08% |
| Bristol-Myers Squibb Co. |
1.63%
33,338
|
$1,807,919,000 | 0.08% |
| Ishares Inc |
No change
54,635
|
$2,685,845,000 | 0.12% |
| First Westn Finl Inc |
No change
121,120
|
$1,765,930,000 | 0.08% |
| NVIDIA Corp |
66.64%
1,892
|
$1,709,536,000 | 0.08% |
| Exxon Mobil Corp. |
18.73%
14,408
|
$1,674,786,000 | 0.08% |
| Progressive Corp. |
1.61%
7,498
|
$1,550,736,000 | 0.07% |
| Walmart Inc |
189.55%
22,194
|
$1,335,413,000 | 0.06% |
| Merck & Co Inc |
11.90%
9,713
|
$1,281,630,000 | 0.06% |
| Lockheed Martin Corp. |
0.54%
2,590
|
$1,178,113,000 | 0.05% |
| Eli Lilly & Co |
11.32%
1,480
|
$1,151,381,000 | 0.05% |
| Olin Corp. |
No change
19,087
|
$1,122,316,000 | 0.05% |
| Lightwave Logic Inc |
No change
233,598
|
$1,093,239,000 | 0.05% |
| Abbvie Inc |
13.55%
5,846
|
$1,064,557,000 | 0.05% |
| Mastercard Incorporated |
1.91%
2,206
|
$1,062,343,000 | 0.05% |
| Cigna Group (The) |
0.21%
2,811
|
$1,020,927,000 | 0.05% |
| Xcel Energy Inc. |
No change
18,690
|
$1,004,588,000 | 0.05% |
| Amazon.com Inc. |
45.08%
5,436
|
$980,546,000 | 0.04% |
| International Business Machs |
12.62%
4,881
|
$932,076,000 | 0.04% |
| Eaton Corp Plc |
1.35%
2,913
|
$910,837,000 | 0.04% |
| American Express Co. |
2.12%
3,921
|
$892,772,000 | 0.04% |
| RTX Corp |
2.19%
9,047
|
$882,354,000 | 0.04% |
| Spdr S&p Midcap 400 Etf Tr |
0.07%
1,442
|
$802,329,000 | 0.04% |
| Chevron Corp. |
29.44%
5,078
|
$801,003,000 | 0.04% |
| Automatic Data Processing Inc. |
1.49%
3,048
|
$761,208,000 | 0.03% |
| Intel Corp. |
1.08%
17,186
|
$759,106,000 | 0.03% |
| Transdigm Group Incorporated |
3.02%
611
|
$752,508,000 | 0.03% |
| Qualcomm, Inc. |
7.40%
4,369
|
$739,672,000 | 0.03% |
| Meta Platforms Inc |
19.19%
1,470
|
$713,803,000 | 0.03% |
| Pfizer Inc. |
15.59%
25,333
|
$702,991,000 | 0.03% |
| Colgate-Palmolive Co. |
0.72%
7,519
|
$677,086,000 | 0.03% |
| Caterpillar Inc. |
No change
1,827
|
$669,468,000 | 0.03% |
| Unitedhealth Group Inc |
3.84%
1,328
|
$656,962,000 | 0.03% |
| Philip Morris International Inc |
No change
6,913
|
$633,369,000 | 0.03% |
| Goldman Sachs Group, Inc. |
Closed
1,502
|
$579,427,000 | |
| United Parcel Service, Inc. |
0.34%
3,884
|
$577,279,000 | 0.03% |
| Halozyme Therapeutics Inc. |
Closed
15,616
|
$577,167,000 | |
| 3M Co. |
9.29%
5,373
|
$569,914,000 | 0.03% |
| Elevance Health Inc |
4.99%
1,067
|
$553,282,000 | 0.03% |
| Yum Brands Inc. |
0.15%
3,896
|
$540,180,000 | 0.02% |
| Union Pac Corp |
8.40%
2,071
|
$509,321,000 | 0.02% |
| Schwab Strategic Tr |
No change
9,249
|
$794,491,000 | 0.04% |
| Mckesson Corporation |
2.01%
913
|
$490,144,000 | 0.02% |
| Townebank Portsmouth VA |
No change
17,378
|
$487,627,000 | 0.02% |
| Brookfield Infrast Partners Lp |
No change
15,550
|
$485,315,000 | 0.02% |
| Microchip Technology, Inc. |
Closed
5,310
|
$478,856,000 | |
| Tetra Tech, Inc. |
No change
2,581
|
$476,737,000 | 0.02% |
| Vanguard Specialized Funds |
6.58%
2,569
|
$469,125,000 | 0.02% |
| Illinois Tool Wks Inc |
No change
1,706
|
$457,771,000 | 0.02% |
| Regeneron Pharmaceuticals, Inc. |
No change
463
|
$445,633,000 | 0.02% |
| Carrier Global Corporation |
0.97%
7,642
|
$444,229,000 | 0.02% |
| CVS Health Corp |
4.92%
5,483
|
$437,324,000 | 0.02% |
| Tidal Etf Tr |
No change
24,224
|
$429,492,000 | 0.02% |
| Broadcom Inc. |
1.58%
322
|
$426,782,000 | 0.02% |
| Astrazeneca plc |
2.79%
6,231
|
$422,150,000 | 0.02% |
| Analog Devices Inc. |
0.94%
2,097
|
$414,766,000 | 0.02% |
| Starbucks Corp. |
5.37%
4,497
|
$410,981,000 | 0.02% |
| Waste Mgmt Inc Del |
No change
1,916
|
$408,395,000 | 0.02% |
| Mondelez International Inc. |
No change
5,555
|
$388,850,000 | 0.02% |
| Otis Worldwide Corporation |
0.94%
3,900
|
$387,153,000 | 0.02% |
| Autozone Inc. |
2.63%
117
|
$368,743,000 | 0.02% |
| Ppg Inds Inc |
No change
2,528
|
$366,307,000 | 0.02% |
| Target Corp |
0.29%
2,033
|
$360,268,000 | 0.02% |
| Altria Group Inc. |
33.12%
8,168
|
$356,288,000 | 0.02% |
| Duke Energy Corp. |
1.61%
3,651
|
$353,088,000 | 0.02% |
| Edwards Lifesciences Corp |
28.71%
3,650
|
$348,794,000 | 0.02% |
| Textron Inc. |
0.29%
3,477
|
$333,549,000 | 0.02% |
| General Mls Inc |
0.02%
4,739
|
$331,588,000 | 0.02% |
| Cisco Sys Inc |
0.70%
6,643
|
$331,552,000 | 0.02% |
| Nordson Corp. |
No change
1,178
|
$323,408,000 | 0.01% |
| Aflac Inc. |
No change
3,757
|
$322,576,000 | 0.01% |
| Invesco Qqq Tr |
45.62%
715
|
$317,468,000 | 0.01% |
| Wesco International, Inc. |
Closed
1,800
|
$312,984,000 | |
| Oneok Inc. |
2.51%
3,798
|
$304,486,000 | 0.01% |
| Williams Cos Inc |
Opened
7,791
|
$303,615,000 | 0.01% |
| Brookfield Corp |
No change
7,108
|
$297,612,000 | 0.01% |
| Qualys Inc |
0.75%
1,747
|
$291,522,000 | 0.01% |
| Comcast Corp New |
10.32%
6,625
|
$287,194,000 | 0.01% |
| Deere & Co. |
3.46%
697
|
$286,286,000 | 0.01% |
| Ge Healthcare Technologies Inc |
No change
3,068
|
$278,912,000 | 0.01% |
| Stanley Black & Decker Inc |
12.87%
2,817
|
$275,869,000 | 0.01% |
| Db Gold Double Long Etn Due February |
Closed
6,300
|
$274,360,000 | |
| AMGEN Inc. |
31.09%
944
|
$268,398,000 | 0.01% |
| Invesco Exchange Traded Fd Tr |
No change
4,000
|
$266,280,000 | 0.01% |
| Discover Finl Svcs |
0.80%
2,023
|
$265,195,000 | 0.01% |
| Phillips 66 |
59.91%
1,615
|
$263,794,000 | 0.01% |
| Tesla Inc |
Closed
1,051
|
$261,152,000 | |
| Conocophillips |
2.02%
2,039
|
$259,524,000 | 0.01% |
| Humana Inc. |
9.90%
746
|
$258,653,000 | 0.01% |
| Verizon Communications Inc |
1.22%
6,154
|
$258,222,000 | 0.01% |
| Wells Fargo Co New |
1.63%
4,353
|
$252,300,000 | 0.01% |
| Lowes Cos Inc |
No change
987
|
$251,419,000 | 0.01% |
| Lyondellbasell Industries N V |
7.04%
2,401
|
$245,574,000 | 0.01% |
| Dexcom Inc |
No change
1,742
|
$241,616,000 | 0.01% |
| Proshares Tr |
Opened
3,396
|
$239,588,000 | 0.01% |
| Vanguard World Fd |
No change
1,271
|
$237,512,000 | 0.01% |
| Parker-Hannifin Corp. |
Opened
425
|
$236,211,000 | 0.01% |
| Select Sector Spdr Tr |
No change
6,513
|
$447,456,000 | 0.02% |
| Williams-Sonoma, Inc. |
Opened
722
|
$229,257,000 | 0.01% |
| Spdr Gold Tr |
No change
1,109
|
$228,143,000 | 0.01% |
| Boeing Co Com |
Closed
863
|
$224,950,000 | |
| Super Micro Computer Inc |
Opened
218
|
$220,187,000 | 0.01% |
| Linde Plc. |
Opened
474
|
$220,088,000 | 0.01% |
| Marathon Pete Corp |
Opened
1,092
|
$220,038,000 | 0.01% |
| Applied Matls Inc |
Opened
1,057
|
$217,985,000 | 0.01% |
| Nutrien Ltd |
No change
4,000
|
$217,240,000 | 0.01% |
| AT&T Inc. |
7.20%
12,169
|
$214,174,000 | 0.01% |
| Dover Corp. |
Opened
1,208
|
$214,046,000 | 0.01% |
| Travelers Companies Inc. |
Opened
927
|
$213,340,000 | 0.01% |
| Public Svc Enterprise Grp Inc |
Opened
3,162
|
$211,158,000 | 0.01% |
| Nu Hldgs Ltd |
60.00%
17,589
|
$209,837,000 | 0.01% |
| TechnipFMC plc |
Opened
8,256
|
$207,308,000 | 0.01% |
| Extra Space Storage Inc. |
1.12%
1,410
|
$207,270,000 | 0.01% |
| Keysight Technologies Inc |
13.12%
1,318
|
$206,109,000 | 0.01% |
| Booking Holdings Inc |
9.68%
56
|
$203,161,000 | 0.01% |
| Credit Suisse High Yield Bd Fd |
Opened
50,000
|
$101,000,000 | 0.00% |
| S&W Seed Co |
No change
165,315
|
$79,963,000 | 0.00% |
| Transocean Ltd |
No change
12,000
|
$75,360,000 | 0.00% |
| Heart Test Laboratories Inc |
No change
75,000
|
$8,768,000 | 0.00% |
| Tonix Pharmaceuticals Hldg Co |
No change
10,320
|
$1,920,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 177 holdings | |||
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