FIRST UNITED BANK & TRUST

Filed: 2/8/2024ACC: 0001104659-24-011745

📋 What this filing means

FIRST UNITED BANK & TRUST filed this quarterly 13F‑HR report disclosing 438 equity positions with a total reported market value of $250.34M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

438

Positions

$250.34M

Total AUM (reported)

2.08M

Total Shares

Allocation by class

COM$109.94M43.9%

UNIT SER 1$16.14M6.4%

VALUE ETF$11.93M4.8%

CL A$8.33M3.3%

S&P 500 ETF SHS$7.57M3.0%

GROWTH ETF$7.43M3.0%

SELECT DIVID ETF$6.09M2.4%

Portfolio Concentration

Top 3$38.67M15.4%

4–10$40.91M16.3%

11–25$49.44M19.7%

Rest$121.32M48.5%

Top 3 weight

15.4%

Top 10 weight

31.8%

Voting Authority Distribution

Total shares with voting rights: 2.08M

Sole

Full voting authority

2.08M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole230

Shared0

Other208

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings438

Rows:

Invesco QQQ Unit Series 1

DFND

UNIT SER 1

Shares39.42K

TypeSH

Market value$16.14M

6.45%

Sole

39.42K

Shared

0.00

None

0.00

Vanguard Value ETF

DFND

VALUE ETF

Shares79.77K

TypeSH

Market value$11.93M

4.76%

Sole

79.77K

Shared

0.00

None

0.00

Apple Inc Com

DFND

COM

Shares55.09K

TypeSH

Market value$10.61M

4.24%

Sole

55.09K

Shared

0.00

None

0.00

Vanguard Index FDS S&P 500 ETF Shs

DFND

S&P 500 ETF SHS

Shares17.33K

TypeSH

Market value$7.57M

3.02%

Sole

17.33K

Shared

0.00

None

0.00

Vanguard Growth ETF

DFND

GROWTH ETF

Shares23.88K

TypeSH

Market value$7.43M

2.97%

Sole

23.88K

Shared

0.00

None

0.00

Microsoft Corp Com

DFND

COM

Shares19.03K

TypeSH

Market value$7.16M

2.86%

Sole

19.03K

Shared

0.00

None

0.00

iShares Select Dividend ETF

DFND

SELECT DIVID ETF

Shares51.98K

TypeSH

Market value$6.09M

2.43%

Sole

51.98K

Shared

0.00

None

0.00

Flexshares Stoxx US ESG Impact Index

SOLE

STOX US ESG SLCT

Shares42.71K

TypeSH

Market value$4.96M

1.98%

Sole

42.71K

Shared

0.00

None

0.00

Vanguard Index FDS McAp GR Idxvip

DFND

MCAP GR IDXVIP

Shares18.25K

TypeSH

Market value$4.01M

1.60%

Sole

18.25K

Shared

0.00

None

0.00

Invesco S&P 500 Garp ETF

DFND

S&P 500 GARP ETF

Shares37.78K

TypeSH

Market value$3.70M

1.48%

Sole

37.78K

Shared

0.00

None

0.00

Vanguard Index FDS McAp Vl Idxvip

DFND

MCAP VL IDXVIP

Shares24.86K

TypeSH

Market value$3.60M

1.44%

Sole

24.86K

Shared

0.00

None

0.00

Invesco S&P 500 Equal Weight

DFND

S&P500 EQL WGT

Shares22.76K

TypeSH

Market value$3.59M

1.43%

Sole

22.76K

Shared

0.00

None

0.00

iShares Tr Core MSCI Eafe ETF

DFND

CORE MSCI EAFE

Shares51.05K

TypeSH

Market value$3.59M

1.43%

Sole

51.05K

Shared

0.00

None

0.00

Alphabet Inc

DFND

CAP STK CL A

Shares25.67K

TypeSH

Market value$3.59M

1.43%

Sole

25.67K

Shared

0.00

None

0.00

SPDR S&P 500 Index

DFND

TR UNIT

Shares7.33K

TypeSH

Market value$3.48M

1.39%

Sole

7.33K

Shared

0.00

None

0.00

Lowes Cos Inc Com

DFND

COM

Shares15.66K

TypeSH

Market value$3.48M

1.39%

Sole

15.66K

Shared

0.00

None

0.00

Erie Indty Co CL A

DFND

CL A

Shares10K

TypeSH

Market value$3.35M

1.34%

Sole

10K

Shared

0.00

None

0.00

J P Morgan Chase & Co

DFND

COM

Shares19.31K

TypeSH

Market value$3.28M

1.31%

Sole

19.31K

Shared

0.00

None

0.00

Vanguard Mid-Cap ETF

DFND

MID CAP ETF

Shares14.03K

TypeSH

Market value$3.26M

1.30%

Sole

14.03K

Shared

0.00

None

0.00

iShares Core S&P 500 ETF

SOLE

CORE S&P500 ETF

Shares6.65K

TypeSH

Market value$3.18M

1.27%

Sole

6.65K

Shared

0.00

None

0.00

McDonalds Corp Com

DFND

COM

Shares10.70K

TypeSH

Market value$3.17M

1.27%

Sole

10.70K

Shared

0.00

None

0.00

Danaher Corp Del Com

DFND

COM

Shares13.68K

TypeSH

Market value$3.16M

1.26%

Sole

13.68K

Shared

0.00

None

0.00

Arista Networks Inc Com

DFND

COM

Shares13.28K

TypeSH

Market value$3.13M

1.25%

Sole

13.28K

Shared

0.00

None

0.00

CSX Corp Com

DFND

COM

Shares81.78K

TypeSH

Market value$2.84M

1.13%

Sole

81.78K

Shared

0.00

None

0.00

Microchip Technology Inc. Com

DFND

COM

Shares30.18K

TypeSH

Market value$2.72M

1.09%

Sole

30.18K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
Invesco QQQ Unit Series 1DFND	UNIT SER 1	39.42K	SH	$16.14M 6.45%	39.42K
Vanguard Value ETFDFND	VALUE ETF	79.77K	SH	$11.93M 4.76%	79.77K
Apple Inc ComDFND	COM	55.09K	SH	$10.61M 4.24%	55.09K
Vanguard Index FDS S&P 500 ETF ShsDFND	S&P 500 ETF SHS	17.33K	SH	$7.57M 3.02%	17.33K
Vanguard Growth ETFDFND	GROWTH ETF	23.88K	SH	$7.43M 2.97%	23.88K
Microsoft Corp ComDFND	COM	19.03K	SH	$7.16M 2.86%	19.03K
iShares Select Dividend ETFDFND	SELECT DIVID ETF	51.98K	SH	$6.09M 2.43%	51.98K
Flexshares Stoxx US ESG Impact IndexSOLE	STOX US ESG SLCT	42.71K	SH	$4.96M 1.98%	42.71K
Vanguard Index FDS McAp GR IdxvipDFND	MCAP GR IDXVIP	18.25K	SH	$4.01M 1.60%	18.25K
Invesco S&P 500 Garp ETFDFND	S&P 500 GARP ETF	37.78K	SH	$3.70M 1.48%	37.78K
Vanguard Index FDS McAp Vl IdxvipDFND	MCAP VL IDXVIP	24.86K	SH	$3.60M 1.44%	24.86K
Invesco S&P 500 Equal WeightDFND	S&P500 EQL WGT	22.76K	SH	$3.59M 1.43%	22.76K
iShares Tr Core MSCI Eafe ETFDFND	CORE MSCI EAFE	51.05K	SH	$3.59M 1.43%	51.05K
Alphabet IncDFND	CAP STK CL A	25.67K	SH	$3.59M 1.43%	25.67K
SPDR S&P 500 IndexDFND	TR UNIT	7.33K	SH	$3.48M 1.39%	7.33K
Lowes Cos Inc ComDFND	COM	15.66K	SH	$3.48M 1.39%	15.66K
Erie Indty Co CL ADFND	CL A	10K	SH	$3.35M 1.34%	10K
J P Morgan Chase & CoDFND	COM	19.31K	SH	$3.28M 1.31%	19.31K
Vanguard Mid-Cap ETFDFND	MID CAP ETF	14.03K	SH	$3.26M 1.30%	14.03K
iShares Core S&P 500 ETFSOLE	CORE S&P500 ETF	6.65K	SH	$3.18M 1.27%	6.65K
McDonalds Corp ComDFND	COM	10.70K	SH	$3.17M 1.27%	10.70K
Danaher Corp Del ComDFND	COM	13.68K	SH	$3.16M 1.26%	13.68K
Arista Networks Inc ComDFND	COM	13.28K	SH	$3.13M 1.25%	13.28K
CSX Corp ComDFND	COM	81.78K	SH	$2.84M 1.13%	81.78K
Microchip Technology Inc. ComDFND	COM	30.18K	SH	$2.72M 1.09%	30.18K

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