First Interstate Bank Portfolio holdings

First Interstate Bank's Q1 2015 Portfolio in Review

As of Q1 2015, First Interstate Bank held 138 positions worth $645M, up 6.2% from $607M the previous quarter. Its ten largest holdings account for 47% of the portfolio.

First Interstate Bank deployed $28.6M of net new capital in Q1 2015, opening 21 new positions and adding to 18 existing holdings. Its largest new stake was STANCORP FINL GRP: 10,884 shares worth $747K.

By sector, the portfolio is most concentrated in Technology at 12% of assets, down from 13% a quarter earlier, followed by Financials and Healthcare.

On the sell side, the largest reduction was Apple, an estimated $3.63M trimmed.

• First Interstate Bank's largest Q1 2015 buy was STANCORP FINL GRP: 10,884 shares worth $747K.
• First Interstate Bank added most to Citigroup in Q1 2015, an estimated $1.48M increase.
• First Interstate Bank's biggest Q1 2015 reduction was Apple, cutting an estimated $3.63M.
• First Interstate Bank fully exited Vanguard Short-Term Inflation-Protected Securities Index Fund in Q1 2015, selling an estimated $465K.
• First Interstate Bank's ten largest holdings make up 47% of its $645M portfolio in Q1 2015.
• First Interstate Bank opened 21 new positions and closed 17 in Q1 2015.
• First Interstate Bank's portfolio value rose 6.2% quarter-over-quarter to $645M.

Based on First Interstate Bank's 13F filing for Q1 2015, filed 13 Apr 2015.