First International Bank & Trust

1. Portfolio Overview

First International Bank & Trust manages a conservative, model-driven portfolio with a total value of $260.39 million as of September 30, 2025. The portfolio experienced a contraction of 9.4% from the previous quarter, declining from $287.48 million. This decrease in value is attributable to a combination of market depreciation and active capital deployment, as the firm executed a net reduction strategy. The portfolio is highly concentrated, holding just 47 positions, ...