FIRST CITIZENS BANK & TRUST CO

Portfolio Overview

First Citizens Bank & Trust Co manages a substantial investment portfolio totaling approximately $4.64 billion across 884 holdings. The portfolio experienced a significant contraction of 16.1% in value during the quarter, declining from $5.52 billion. This reduction in value is attributable not only to potential market depreciation but also to substantial active deleveraging, particularly in fixed income.

The investment strategy appears to be a **hybrid appro...