First International Bank & Trust

Bank

CIK

1910370

Location

WATFORD CITY, ND

Portfolio Value

Micro $3,991,453

Diversification

Highly concentrated

Filing Date

Global Rank

#6,845 / 7,976 ▼ 109

Top Industry

Discount Stores 19.6%

3Y Alpha vs SPY

-2.5%

Period ended 9 months ago

Filed Oct 7, 2025 · 8mo

16 quarters · since Dec 2021

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+65.7%

SPY

+76.3%

Annualised alpha

-2.5%

Max drawdown

−18.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

25 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

52.0%

+5.2 pts

Top 5

72.9%

+6.5 pts

Top 10

87.4%

+6.3 pts

HHI

2,875

Highly concentrated+518

Portfolio Trend

16 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Unclassified	52.0%	$19,501,087	1
Technology	15.5%	$5,810,705	6
Consumer Defensive	10.6%	$3,991,453	4
Financial Services	10.2%	$3,810,949	3
Industrials	3.1%	$1,169,674	2
Consumer Cyclical	2.9%	$1,105,594	3
Energy	2.5%	$923,290	2
Healthcare	1.3%	$505,467	2
Communication Services	1.2%	$455,540	1
Real Estate	0.6%	$227,353	1

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
BRK-B	Berkshire Hathaway Inc	+336	3,392	$1,705,294
AXP	American Express Co	+184	5,255	$1,745,500
COST	Costco Wholesale Corp /New	+62	1,785	$1,652,248
No positions match the current search.

Trimmed

Positions the filer reduced

16 positions

Ticker	Company	Δ Shares	Shares	Value
AAPL	Apple Inc.	−1,131	3,819	$972,431
AMZN	Amazon Com Inc	−609	2,921	$641,363
CSCO	Cisco Systems, Inc.	−420	4,440	$303,784
SPY	Spdr S&P 500 ETF Trust	−380	29,273	$19,501,087
ADP	Automatic Data Processing Inc	−352	2,101	$616,643
LOW	Lowes Companies Inc	−301	1,002	$251,812
WMT	Walmart Inc.	−299	18,262	$1,882,081
MSFT	Microsoft Corp	−249	4,854	$2,514,129
MCD	Mcdonalds Corp	−83	699	$212,419
XOM	Exxon Mobil Corp	−64	1,991	$224,485
KO	Coca Cola Co	−15	3,185	$211,229
PM	Philip Morris International Inc.	−10	1,516	$245,895
VZ	Verizon Communications Inc	−7	10,365	$455,540
DE	Deere & Co	−3	2,086	$953,844
AMGN	Amgen Inc	−2	951	$268,371
IBM	International Business Machines Corp	−1	898	$253,378
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
ABBV	AbbVie Inc.	1,024	$237,096
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
PPLT	abrdn Platinum ETF Trust	6,145	$755,036
SLV	iShares Silver Trust	16,066	$527,125
ORCL	Oracle Corp	1,174	$256,671
AFL	Aflac Inc	2,345	$247,303
LMT	Lockheed Martin Corp	482	$223,233
PFE	Pfizer Inc	8,762	$212,390
DIS	Walt Disney Co	1,680	$208,336
ABT	Abbott Laboratories	1,471	$200,070
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

4 positions · $3,991,453 total · Consumer Defensive only · as of Sep 30, 2025

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
WMT	Walmart Inc. Consumer Defensive	Reduced	18,262	-299	$1,882,081	+3.7%	47.15%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	1,785	+62	$1,652,248	−3.1%	41.39%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	1,516	-10	$245,895	−11.5%	6.16%
KO	Coca Cola Co Consumer Defensive	Reduced	3,185	-15	$211,229	−6.7%	5.29%