First Interstate Bank Portfolio holdings
First Interstate Bank is the community bank of First Interstate BancSystem, a financial holding company. Homer Scott Sr. started the bank in 1968 by buying the Bank of Commerce in Sheridan, Wyoming. In 1984 Scott's company agreed to use the name and logo of First Interstate Bancorp, a Los Angeles bank holding company, and when Wells Fargo bought that firm in 1996, the Montana organization kept the First Interstate name. A 2022 merger made Great Western an operating division of First Interstate Bank.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Target
TGT
|
+$2.66M |
| 2 |
Apple
AAPL
|
+$2.16M |
| 3 |
Gilead Sciences
GILD
|
+$1.73M |
| 4 |
CELG
Celgene Corp
CELG
|
+$1.07M |
| 5 |
Truist Financial
TFC
|
+$719K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Illinois Tool Works
ITW
|
+$6.76M |
| 2 |
Intel
INTC
|
+$5.51M |
| 3 |
NOV
NOV
|
+$765K |
| 4 |
First Interstate BancSystem
FIBK
|
+$757K |
| 5 |
ACO
AMCOL International Corp
ACO
|
+$429K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 25.09% |
| 2 | Technology | 14.65% |
| 3 | Financials | 12.03% |
| 4 | Energy | 10.41% |
| 5 | Industrials | 9.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$5.02T
| $19M | 3.92% |
819,960
+101,592
| +14% | +$2.16M |
2013 Q2
4 quarters
|
|
2
JPMorgan Chase
JPM
$901B
| $13M | 2.67% |
224,986
-6,336
| -3% | -$356K |
2013 Q2
4 quarters
|
|
3
Skyworks Solutions
SWKS
$20.5B
| $12.8M | 2.63% |
271,959
-7,270
| -3% | -$306K |
2013 Q3
3 quarters
|
|
4
SLB Ltd
SLB
$79.3B
| $11.9M | 2.46% |
101,172
-3,191
| -3% | -$329K |
2013 Q2
4 quarters
|
|
5
Microsoft
MSFT
$3.94T
| $11.4M | 2.35% |
273,492
-7,287
| -3% | -$295K |
2013 Q2
4 quarters
|
|
6
GE Aerospace
GE
$312B
| $11.3M | 2.33% |
89,923
-1,285
| -1% | -$163K |
2013 Q2
4 quarters
|
|
|
BHI
7
DELISTED
Baker Hughes
BHI
| $10.5M | 2.16% |
140,918
-4,658
| -3% | -$324K |
2013 Q2
4 quarters
|
|
8
UnitedHealth
UNH
$365B
| $9.9M | 2.05% |
121,578
-3,383
| -3% | -$266K |
2013 Q2
4 quarters
|
|
9
ExxonMobil
XOM
$748B
| $9.6M | 1.99% |
95,803
-1,755
| -2% | -$177K |
2013 Q2
4 quarters
|
|
10
Walt Disney
DIS
$188B
| $9.29M | 1.91% |
108,354
-2,771
| -2% | -$226K |
2013 Q2
4 quarters
|
|
11
Procter & Gamble
PG
$367B
| $9.07M | 1.87% |
115,408
-1,796
| -2% | -$145K |
2013 Q2
4 quarters
|
|
12
American Express
AXP
$213B
| $8.96M | 1.85% |
94,494
-2,627
| -3% | -$237K |
2013 Q3
3 quarters
|
|
13
DELISTED
EMC CORPORATION
EMC
| $8.67M | 1.78% |
328,996
-7,850
| -2% | -$207K |
2013 Q2
4 quarters
|
|
|
14
Gilead Sciences
GILD
$197B
| $8.45M | 1.74% |
101,879
+22,182
| +28% | +$1.73M |
2013 Q2
4 quarters
|
|
15
Citigroup
C
$205B
| $8.42M | 1.73% |
178,728
-5,663
| -3% | -$269K |
2013 Q2
4 quarters
|
|
16
PepsiCo
PEP
$181B
| $8.41M | 1.73% |
94,165
-784
| -0.8% | -$67.7K |
2013 Q2
4 quarters
|
|
17
McDonald's
MCD
$177B
| $8.12M | 1.67% |
80,600
-910
| -1% | -$91.9K |
2013 Q2
4 quarters
|
|
|
CELG
18
DELISTED
Celgene Corp
CELG
| $8.07M | 1.66% |
93,958
+14,058
| +18% | +$1.07M |
2013 Q2
4 quarters
|
|
19
Cisco
CSCO
$435B
| $7.96M | 1.64% |
320,231
-10,205
| -3% | -$243K |
2013 Q2
4 quarters
|
|
|
20
Target
TGT
$67.7B
| $7.58M | 1.56% |
130,841
+45,258
| +53% | +$2.66M |
2013 Q2
4 quarters
|
|
21
Qualcomm
QCOM
$195B
| $7.58M | 1.56% |
95,714
-2,650
| -3% | -$211K |
2013 Q2
4 quarters
|
|
22
Chevron
CVX
$450B
| $7.38M | 1.52% |
56,522
-102
| -0.2% | -$12.7K |
2013 Q2
4 quarters
|
|
23
McKesson
MCK
$112B
| $7.16M | 1.47% |
38,452
-858
| -2% | -$153K |
2013 Q2
4 quarters
|
|
24
Union Pacific
UNP
$177B
| $7.12M | 1.46% |
71,325
-1,073
| -1% | -$104K |
2013 Q3
3 quarters
|
|
25
Emerson Electric
EMR
$93.5B
| $7.11M | 1.46% |
107,107
-3,495
| -3% | -$235K |
2013 Q2
4 quarters
|
|
Similar funds
First Interstate Bank's Q2 2014 Portfolio in Review
As of Q2 2014, First Interstate Bank held 111 positions worth $486M, up 6.7% from $455M the previous quarter. Its ten largest holdings account for 38% of the portfolio.
First Interstate Bank's Q2 2014 filing shows 11 new, 22 increased, 54 reduced and 2 closed positions. Its largest new stake was Hormel Foods: 16,584 shares worth $409K. The largest sale was Illinois Tool Works, an estimated $6.76M.
By sector, the portfolio is most concentrated in Miscellaneous at 25% of assets, up from 22% a quarter earlier, followed by Technology and Financials.
- First Interstate Bank's largest Q2 2014 buy was Hormel Foods: 16,584 shares worth $409K.
- First Interstate Bank added most to Target in Q2 2014, an estimated $2.66M increase.
- First Interstate Bank's biggest Q2 2014 reduction was Illinois Tool Works, cutting an estimated $6.76M.
- First Interstate Bank fully exited AMCOL International Corp in Q2 2014, selling an estimated $429K.
- First Interstate Bank's ten largest holdings make up 38% of its $486M portfolio in Q2 2014.
- First Interstate Bank opened 11 new positions and closed 2 in Q2 2014.
- First Interstate Bank's portfolio value rose 6.7% quarter-over-quarter to $486M.
Based on First Interstate Bank's 13F filing for Q2 2014, filed 14 Jul 2014.