Institutional Manager · CIK 0001910370
First International Bank & Trust
Watford City, ND · File #028-22393
Latest AUM
$287.7M
Positions
84
Top-10 Concentration
77.9%
Filings
8
Portfolio Value Over Time
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | JANUS HENDERSON AAA CLO | 47103U845 | +46,904 | +$2.4M | +$230 |
| ADD | BLACKROCK ISHARES 1-5 YEAR INVESTMENT GRADE | 464288646 | +23,038 | +$1.2M | +$2,757 |
| EXITED | ABRDN PLATINUM ETF TRUST | 003260106 | -6,145 | -$755,036 | $0 |
| REDUCE | INVESCO EXCHANGE TRADED FD TR | 46137V241 | -9,251 | -$678,006 | +$1.1M |
| REDUCE | ANFIELD CAPITAL US EQUITY SECTOR ROTATION | 90214Q733 | -30,390 | -$625,426 | +$1.2M |
| EXITED | ISHARES SILVER TRUST ISHARES | 46428Q109 | -16,066 | -$527,125 | $0 |
| ADD | ANFIELD CAPITAL UNIVERSAL FIXED INCOME | 90214Q766 | +46,833 | +$439,762 | +$23,552 |
| EXITED | iShares Floating Rate Bond ETF | 46429B655 | -7,742 | -$394,997 | $0 |
| REDUCE | STATE STREET SPDR S&P 400 MID-CAP | 78464A847 | -5,759 | -$329,357 | +$134,402 |
| REDUCE | FIRST TRUST LOW DURATION OPPORTUNITIES | 33739Q200 | -5,767 | -$287,139 | +$108,599 |
Filing History
- 13F COMBINATION REPORTQ/E Sep 202584 pos · $287.7M
- 13F COMBINATION REPORTQ/E Jun 202595 pos · $287.5M
- 13F COMBINATION REPORTQ/E Mar 202596 pos · $316.2M
- 13F HOLDINGS REPORTQ/E Dec 202497 pos · $308.7M
- 13F HOLDINGS REPORTQ/E Sep 2024104 pos · $312.0M
- 13F HOLDINGS REPORTQ/E Jun 2024102 pos · $290.6M
- 13F HOLDINGS REPORTQ/E Mar 2024106 pos · $289.7M
- 13F HOLDINGS REPORTQ/E Dec 2023115 pos · $277.9M
Top 20 Holdings — Sep 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ANFIELD CAPITAL UNIVERSAL FIXED INCOME | 90214Q766 | 7,251,784 | $68.1M | 24.25% |
| 2 | INVESCO EXCHANGE TRADED FD TR | 46137V241 | 548,453 | $40.2M | 14.31% |
| 3 | STATE STREET SPDR MULTI-ASSET REAL RETURN | 78467V103 | 730,117 | $22.5M | 8.03% |
| 4 | WisdomTree Japan Hedged Equity Fund | 97717W851 | 134,406 | $17.2M | 6.13% |
| 5 | STATE STREET SPDR S&P 500 INDEX | 78462F103 | 25,617 | $17.1M | 6.08% |
| 6 | ANFIELD CAPITAL US EQUITY SECTOR ROTATION | 90214Q733 | 682,530 | $14.0M | 5.00% |
| 7 | BLACKROCK ISHARES US SMALL-CAP EQUITY FACTOR | 46434V290 | 170,434 | $12.7M | 4.51% |
| 8 | INVESCO S&P MID-CAP QUALITY | 46137V472 | 107,475 | $11.3M | 4.02% |
| 9 | FIRST TRUST LOW DURATION OPPORTUNITIES | 33739Q200 | 199,137 | $9.9M | 3.53% |
| 10 | JP MORGAN ULTRA-SHORT INCOME | 46641Q837 | 111,746 | $5.7M | 2.02% |
| 11 | BLACKROCK ISHARES ULTRA SHORT-TERM BOND | 46434V878 | 111,382 | $5.7M | 2.01% |
| 12 | STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL | 78468R663 | 61,408 | $5.6M | 2.01% |
| 13 | BERKSHIRE HATHAWAY INC. DEL CL A | 084670108 | 5 | $3.8M | 1.34% |
| 14 | ANFIELD CAPITAL UNIVERSAL FIXED INCOME | 90214Q766 | 356,723 | $3.3M | 1.19% |
| 15 | PIMCO INTERMEDIATE MUNICIPAL BOND ACTIVE | 72201R866 | 57,322 | $3.0M | 1.07% |
| 16 | SCHWAB US SMALL-CAP | 808524607 | 99,763 | $2.8M | 0.99% |
| 17 | JANUS HENDERSON AAA CLO | 47103U845 | 54,571 | $2.8M | 0.99% |
| 18 | MICROSOFT | 594918104 | 4,854 | $2.5M | 0.90% |
| 19 | STATE STREET SPDR S&P 500 INDEX | 78462F103 | 3,656 | $2.4M | 0.87% |
| 20 | STATE STREET SPDR S&P 400 MID-CAP | 78464A847 | 42,071 | $2.4M | 0.86% |