First Interstate Bank Portfolio holdings

First Interstate Bank's Q1 2019 Portfolio in Review

As of Q1 2019, First Interstate Bank held 705 positions worth $448M, up 11% from $404M the previous quarter. Its ten largest holdings account for 29% of the portfolio.

First Interstate Bank's Q1 2019 filing shows 79 new, 122 increased, 191 reduced and 35 closed positions. Its largest new stake was RPT Realty Common Shares of Beneficial Interest (MD): 22,405 shares worth $269K. The largest sale was DuPont de Nemours, an estimated $4.75M.

By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 14% a quarter earlier, followed by Financials and Consumer Discretionary.

• First Interstate Bank's largest Q1 2019 buy was RPT Realty Common Shares of Beneficial Interest (MD): 22,405 shares worth $269K.
• First Interstate Bank added most to State Street Materials Select Sector SPDR ETF in Q1 2019, an estimated $3.94M increase.
• First Interstate Bank's biggest Q1 2019 reduction was DuPont de Nemours, cutting an estimated $4.75M.
• First Interstate Bank fully exited ASPEN Insurance Holding Limited in Q1 2019, selling an estimated $310K.
• First Interstate Bank's ten largest holdings make up 29% of its $448M portfolio in Q1 2019.
• First Interstate Bank opened 79 new positions and closed 35 in Q1 2019.
• First Interstate Bank's portfolio value rose 11% quarter-over-quarter to $448M.

Based on First Interstate Bank's 13F filing for Q1 2019, filed 2 May 2019.