FIRST UNITED BANK & TRUST

Filed: 4/29/2024ACC: 0001104659-24-053764

📋 What this filing means

FIRST UNITED BANK & TRUST filed this quarterly 13F‑HR report disclosing 415 equity positions with a total reported market value of $270.07M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

415

Positions

$270.07M

Total AUM (reported)

2.12M

Total Shares

Allocation by class

COM$117.01M43.3%

UNIT SER 1$17.51M6.5%

VALUE ETF$13.03M4.8%

CL A$9.47M3.5%

S&P 500 ETF SHS$8.23M3.0%

GROWTH ETF$7.92M2.9%

SELECT DIVID ETF$6.39M2.4%

Portfolio Concentration

Top 3$39.97M14.8%

4–10$44.26M16.4%

11–25$55.09M20.4%

Rest$130.74M48.4%

Top 3 weight

14.8%

Top 10 weight

31.2%

Voting Authority Distribution

Total shares with voting rights: 2.12M

Sole

Full voting authority

2.12M

% 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)

Sole207

Shared0

Other208

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings415

Rows:

Invesco QQQ Unit Series 1

DFND

UNIT SER 1

Shares39.43K

TypeSH

Market value$17.51M

6.48%

Sole

39.43K

Shared

0.00

None

0.00

Vanguard Value ETF

DFND

VALUE ETF

Shares80.02K

TypeSH

Market value$13.03M

4.83%

Sole

80.02K

Shared

0.00

None

0.00

Apple Inc Com

DFND

COM

Shares54.99K

TypeSH

Market value$9.43M

3.49%

Sole

54.99K

Shared

0.00

None

0.00

Vanguard Index FDS S&P 500 ETF Shs

DFND

S&P 500 ETF SHS

Shares17.13K

TypeSH

Market value$8.23M

3.05%

Sole

17.13K

Shared

0.00

None

0.00

Vanguard Growth ETF

DFND

GROWTH ETF

Shares23.02K

TypeSH

Market value$7.92M

2.93%

Sole

23.02K

Shared

0.00

None

0.00

Microsoft Corp Com

DFND

COM

Shares18.81K

TypeSH

Market value$7.91M

2.93%

Sole

18.81K

Shared

0.00

None

0.00

iShares Select Dividend ETF

DFND

SELECT DIVID ETF

Shares51.84K

TypeSH

Market value$6.39M

2.36%

Sole

51.84K

Shared

0.00

None

0.00

Flexshares Stoxx US ESG Impact Index

SOLE

STOX US ESG SLCT

Shares40.95K

TypeSH

Market value$5.18M

1.92%

Sole

40.95K

Shared

0.00

None

0.00

Invesco S&P 500 Garp ETF

DFND

S&P 500 GARP ETF

Shares41.09K

TypeSH

Market value$4.38M

1.62%

Sole

41.09K

Shared

0.00

None

0.00

Vanguard Index FDS McAp GR Idxvip

DFND

MCAP GR IDXVIP

Shares18K

TypeSH

Market value$4.24M

1.57%

Sole

18K

Shared

0.00

None

0.00

Invesco S&P 500 Equal Weight

DFND

S&P500 EQL WGT

Shares24.14K

TypeSH

Market value$4.09M

1.51%

Sole

24.14K

Shared

0.00

None

0.00

Erie Indty Co CL A

DFND

CL A

Shares10K

TypeSH

Market value$4.02M

1.49%

Sole

10K

Shared

0.00

None

0.00

Lowes Cos Inc Com

DFND

COM

Shares15.52K

TypeSH

Market value$3.95M

1.46%

Sole

15.52K

Shared

0.00

None

0.00

J P Morgan Chase & Co

DFND

COM

Shares19.54K

TypeSH

Market value$3.91M

1.45%

Sole

19.54K

Shared

0.00

None

0.00

Alphabet Inc

DFND

CAP STK CL A

Shares25.75K

TypeSH

Market value$3.89M

1.44%

Sole

25.75K

Shared

0.00

None

0.00

Vanguard Index FDS McAp Vl Idxvip

DFND

MCAP VL IDXVIP

Shares24.88K

TypeSH

Market value$3.88M

1.44%

Sole

24.88K

Shared

0.00

None

0.00

iShares Tr Core MSCI Eafe ETF

DFND

CORE MSCI EAFE

Shares51.36K

TypeSH

Market value$3.81M

1.41%

Sole

51.36K

Shared

0.00

None

0.00

Arista Networks Inc Com

DFND

COM

Shares12.91K

TypeSH

Market value$3.74M

1.39%

Sole

12.91K

Shared

0.00

None

0.00

SPDR S&P 500 Index

DFND

TR UNIT

Shares7.14K

TypeSH

Market value$3.74M

1.38%

Sole

7.14K

Shared

0.00

None

0.00

Vanguard Mid-Cap ETF

DFND

MID CAP ETF

Shares14.67K

TypeSH

Market value$3.67M

1.36%

Sole

14.67K

Shared

0.00

None

0.00

Nvidia Corp

DFND

COM

Shares3.98K

TypeSH

Market value$3.59M

1.33%

Sole

3.98K

Shared

0.00

None

0.00

iShares Core S&P 500 ETF

SOLE

CORE S&P500 ETF

Shares6.59K

TypeSH

Market value$3.46M

1.28%

Sole

6.59K

Shared

0.00

None

0.00

Danaher Corp Del Com

DFND

COM

Shares13.73K

TypeSH

Market value$3.43M

1.27%

Sole

13.73K

Shared

0.00

None

0.00

McDonalds Corp Com

DFND

COM

Shares10.90K

TypeSH

Market value$3.07M

1.14%

Sole

10.90K

Shared

0.00

None

0.00

iShares Russell 1000 Growth ETF

SOLE

RUS 1000 GRW ETF

Shares8.43K

TypeSH

Market value$2.84M

1.05%

Sole

8.43K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
Invesco QQQ Unit Series 1DFND	UNIT SER 1	39.43K	SH	$17.51M 6.48%	39.43K
Vanguard Value ETFDFND	VALUE ETF	80.02K	SH	$13.03M 4.83%	80.02K
Apple Inc ComDFND	COM	54.99K	SH	$9.43M 3.49%	54.99K
Vanguard Index FDS S&P 500 ETF ShsDFND	S&P 500 ETF SHS	17.13K	SH	$8.23M 3.05%	17.13K
Vanguard Growth ETFDFND	GROWTH ETF	23.02K	SH	$7.92M 2.93%	23.02K
Microsoft Corp ComDFND	COM	18.81K	SH	$7.91M 2.93%	18.81K
iShares Select Dividend ETFDFND	SELECT DIVID ETF	51.84K	SH	$6.39M 2.36%	51.84K
Flexshares Stoxx US ESG Impact IndexSOLE	STOX US ESG SLCT	40.95K	SH	$5.18M 1.92%	40.95K
Invesco S&P 500 Garp ETFDFND	S&P 500 GARP ETF	41.09K	SH	$4.38M 1.62%	41.09K
Vanguard Index FDS McAp GR IdxvipDFND	MCAP GR IDXVIP	18K	SH	$4.24M 1.57%	18K
Invesco S&P 500 Equal WeightDFND	S&P500 EQL WGT	24.14K	SH	$4.09M 1.51%	24.14K
Erie Indty Co CL ADFND	CL A	10K	SH	$4.02M 1.49%	10K
Lowes Cos Inc ComDFND	COM	15.52K	SH	$3.95M 1.46%	15.52K
J P Morgan Chase & CoDFND	COM	19.54K	SH	$3.91M 1.45%	19.54K
Alphabet IncDFND	CAP STK CL A	25.75K	SH	$3.89M 1.44%	25.75K
Vanguard Index FDS McAp Vl IdxvipDFND	MCAP VL IDXVIP	24.88K	SH	$3.88M 1.44%	24.88K
iShares Tr Core MSCI Eafe ETFDFND	CORE MSCI EAFE	51.36K	SH	$3.81M 1.41%	51.36K
Arista Networks Inc ComDFND	COM	12.91K	SH	$3.74M 1.39%	12.91K
SPDR S&P 500 IndexDFND	TR UNIT	7.14K	SH	$3.74M 1.38%	7.14K
Vanguard Mid-Cap ETFDFND	MID CAP ETF	14.67K	SH	$3.67M 1.36%	14.67K
Nvidia CorpDFND	COM	3.98K	SH	$3.59M 1.33%	3.98K
iShares Core S&P 500 ETFSOLE	CORE S&P500 ETF	6.59K	SH	$3.46M 1.28%	6.59K
Danaher Corp Del ComDFND	COM	13.73K	SH	$3.43M 1.27%	13.73K
McDonalds Corp ComDFND	COM	10.90K	SH	$3.07M 1.14%	10.90K
iShares Russell 1000 Growth ETFSOLE	RUS 1000 GRW ETF	8.43K	SH	$2.84M 1.05%	8.43K

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