Skip to main content
Livermore
Livermore
ZHEN

First Western Trust Bank

SEC CIK
0001513189
Latest filing
Jul 29, 2026

The latest 13F from First Western Trust Bank covers Q2 2026 (filed Jul 29, 2026): 215 long positions worth $2.05B. The top 10 holdings make up 80.4% of the portfolio, and the largest is Stryker Corp (SYK) at 46.3%. Livermore has 18 filings on Form 13F from this institution, going back to Q1 2022.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
20
Est. +$12.3M
Added
60
Est. +$24.1M
Reduced
106
Est. −$38.9M
Sold out
10
Est. −$6.84M

Top 5 holdings

Share of this quarter's portfolio value

  1. SYKStryker Corp
    46.3%$950.0MHistory
  2. Vanguard S&P 500 ETF922908363
    7.3%$150.8M
  3. iShares Russell Midcap ETF464287499
    5.5%$112.9M
  4. SPYSPDR S&P 500 ETF Trust
    4.5%$91.8MHistory
  5. Invesco Exchange Traded FD T46137V357
    3.6%$74.6M

Share of portfolio

Top 5 holdings and the other 210 positions, by share of portfolio value

  1. SYK46.3%
  2. Vanguard S&P 500 ETF7.3%
  3. iShares Russell Midcap ETF5.5%
  4. SPY4.5%
  5. Invesco Exchange Traded FD T3.6%
  6. Other 210 positions32.7%

Biggest buys

New and added positions, by estimated amount bought

  1. State Street Technology Select Sector SPDR ETF81369Y803
    +$5.74MAdded
  2. iShares Tr464287234
    +$4.52MAdded
  3. State Street Industrial Select Sector SPDR ETF81369Y704
    +$3.89MNew
  4. Vanguard Ftse Developed Markets ETF921943858
    +$2.58MAdded
  5. HONHoneywell International Inc
    +$1.92MNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. iShares Tr464287234
    +0.50 pp1.7% → 2.2%
  2. Vanguard Ftse Developed Markets ETF921943858
    +0.35 pp3.0% → 3.4%
  3. Invesco Exchange Traded FD T46137V357
    +0.31 pp3.3% → 3.6%
  4. State Street Technology Select Sector SPDR ETF81369Y803
    +0.28 pp<0.1% → 0.3%
  5. Vanguard Morningstar Total Stock Market ETF922908769
    +0.26 pp2.2% → 2.4%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. HDHome Depot, Inc.
    −$4.28MReducedHistory
  2. HONHoneywell International Inc
    −$4.22MSold outHistory
  3. Vanguard S&P 500 ETF922908363
    −$4.16MReduced
  4. GOOGLAlphabet Inc.
    −$2.49MReducedHistory
  5. iShares Russell Midcap ETF464287499
    −$1.90MReduced

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. SYKStryker Corp
    −3.79 pp50.1% → 46.3%History
  2. HONHoneywell International Inc
    −0.21 pp0.2% → 0.0%History
  3. HDHome Depot, Inc.
    −0.20 pp0.3% → 0.1%History
  4. COSTCostco Wholesale Corp
    −0.09 pp0.5% → 0.4%History
  5. INTUIntuit Inc.
    −0.08 pp0.2% → 0.1%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$2.05B
+$70.9M (+3.6%) vs. prior quarter
Positions
215
+10 vs. prior quarter
Top 10 concentration
80.4%
Top 10 as share of value
Turnover
1.8%
Q2 2026, one quarter
Average holding period
16.9 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2022), so positions held before then are understated.

13F filings by quarter

18 quarters, going back to Q1 2022. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $2.22B (Q3 2024)

Q1 2022: $1.95BQ2 2022: $1.51BQ3 2022: $1.49BQ4 2022: $1.74BQ1 2023: $1.92BQ2 2023: $2.05BQ3 2023: $1.86BQ4 2023: $2.01BQ1 2024: $2.20BQ2 2024: $2.10BQ3 2024: $2.22BQ4 2024: $2.17BQ1 2025: $2.09BQ2 2025: $2.22BQ3 2025: $2.18BQ4 2025: $2.03BQ1 2026: $1.98BQ2 2026: $2.05B
Q1 2022Q2 2026
13F filings of First Western Trust Bank by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 29, 2026215$2.05BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q1 2026SEC
Q1 2026May 12, 2026205$1.98BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q4 2025SEC
Q4 2025Feb 12, 2026197$2.03BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q3 2025SEC
Q3 2025Nov 14, 2025191$2.18BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q2 2025SEC
Q2 2025Aug 8, 2025194$2.22BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q1 2025SEC
Q1 2025May 12, 2025189$2.09BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q4 2024SEC
Q4 2024Feb 13, 2025196$2.17BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q3 2024SEC
Q3 2024Nov 7, 2024204$2.22BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q2 2024SEC
Q2 2024Aug 5, 2024197$2.10BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q1 2024SEC
Q1 2024May 16, 2024209$2.20BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q4 2023SEC
Q4 2023Feb 7, 2024201$2.01BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q3 2023SEC
Q3 2023Nov 14, 2023169$1.86BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q2 2023SEC
Q2 2023Aug 11, 2023185$2.05BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q1 2023SEC
Q1 2023May 15, 2023183$1.92BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q4 2022SEC
Q4 2022Feb 10, 2023181$1.74BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q3 2022SEC
Q3 2022Nov 9, 2022167$1.49BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q2 2022SEC
Q2 2022Aug 12, 2022171$1.51BSYKVanguard S&P 500 ETFiShares Russell Midcap ETFvs. Q1 2022SEC
Q1 2022May 13, 2022186$1.95BSYKVanguard S&P 500 ETFiShares Russell Midcap ETF–SEC