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 |
ExxonMobil
XOM
|
+$6.47M |
| 2 |
Tesla
TSLA
|
+$808K |
| 3 |
3M
MMM
|
+$251K |
| 4 |
NextEra Energy
NEE
|
+$220K |
| 5 |
Archer Daniels Midland
ADM
|
+$199K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
McDonald's
MCD
|
+$6.82M |
| 2 |
Northern Trust
NTRS
|
+$5.09M |
| 3 |
Skyworks Solutions
SWKS
|
+$3.74M |
| 4 |
Apple
AAPL
|
+$3.46M |
| 5 |
SLB Ltd
SLB
|
+$3.23M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 26.48% |
| 2 | Technology | 14.4% |
| 3 | Financials | 11.45% |
| 4 | Energy | 10.1% |
| 5 | Consumer Staples | 9.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$5.16T
| $17.1M | 3.66% |
678,820
-141,140
| -17% | -$3.46M |
2013 Q2
5 quarters
|
|
|
2
ExxonMobil
XOM
$679B
| $15.1M | 3.24% |
160,800
+64,997
| +68% | +$6.47M |
2013 Q2
5 quarters
|
|
3
JPMorgan Chase
JPM
$914B
| $13.5M | 2.89% |
223,802
-1,184
| -0.5% | -$69.2K |
2013 Q2
5 quarters
|
|
|
4
Skyworks Solutions
SWKS
$20.5B
| $11.7M | 2.51% |
201,818
-70,141
| -26% | -$3.74M |
2013 Q3
4 quarters
|
|
5
GE Aerospace
GE
$355B
| $11.1M | 2.37% |
90,263
+340
| +0.4% | +$42.4K |
2013 Q2
5 quarters
|
|
6
UnitedHealth
UNH
$358B
| $10.5M | 2.25% |
121,574
-4
| -0% | -$338 |
2013 Q2
5 quarters
|
|
7
Gilead Sciences
GILD
$210B
| $10.2M | 2.2% |
96,273
-5,606
| -6% | -$549K |
2013 Q2
5 quarters
|
|
8
Procter & Gamble
PG
$388B
| $9.8M | 2.09% |
116,743
+1,335
| +1% | +$109K |
2013 Q2
5 quarters
|
|
9
Microsoft
MSFT
$3.87T
| $9.6M | 2.06% |
207,769
-65,723
| -24% | -$2.93M |
2013 Q2
5 quarters
|
|
10
DELISTED
EMC CORPORATION
EMC
| $9.5M | 2.04% |
325,458
-3,538
| -1% | -$102K |
2013 Q2
5 quarters
|
|
11
Citigroup
C
$206B
| $9.18M | 1.97% |
177,246
-1,482
| -0.8% | -$74.5K |
2013 Q2
5 quarters
|
|
12
Walt Disney
DIS
$206B
| $9.17M | 1.96% |
102,953
-5,401
| -5% | -$476K |
2013 Q2
5 quarters
|
|
|
CELG
13
DELISTED
Celgene Corp
CELG
| $8.81M | 1.89% |
92,977
-981
| -1% | -$88.5K |
2013 Q2
5 quarters
|
|
|
BHI
14
DELISTED
Baker Hughes
BHI
| $8.62M | 1.85% |
132,499
-8,419
| -6% | -$587K |
2013 Q2
5 quarters
|
|
15
PepsiCo
PEP
$194B
| $8.48M | 1.82% |
91,101
-3,064
| -3% | -$280K |
2013 Q2
5 quarters
|
|
16
American Express
AXP
$216B
| $8.43M | 1.81% |
96,254
+1,760
| +2% | +$158K |
2013 Q3
4 quarters
|
|
17
Target
TGT
$73.9B
| $8.18M | 1.75% |
130,477
-364
| -0.3% | -$22.1K |
2013 Q2
5 quarters
|
|
18
Cisco
CSCO
$403B
| $8.14M | 1.74% |
323,464
+3,233
| +1% | +$81.3K |
2013 Q2
5 quarters
|
|
19
Union Pacific
UNP
$179B
| $7.85M | 1.68% |
72,368
+1,043
| +1% | +$108K |
2013 Q3
4 quarters
|
|
|
20
SLB Ltd
SLB
$75.3B
| $7.28M | 1.56% |
71,579
-29,593
| -29% | -$3.23M |
2013 Q2
5 quarters
|
|
21
Qualcomm
QCOM
$193B
| $7.11M | 1.52% |
95,049
-665
| -0.7% | -$50.9K |
2013 Q2
5 quarters
|
|
22
McKesson
MCK
$124B
| $7.03M | 1.51% |
36,117
-2,335
| -6% | -$449K |
2013 Q2
5 quarters
|
|
23
DELISTED
Du Pont De Nemours E I
DD
| $6.86M | 1.47% |
100,604
-1,387
| -1% | -$87.4K |
2013 Q2
5 quarters
|
|
24
Emerson Electric
EMR
$93.9B
| $6.81M | 1.46% |
108,859
+1,752
| +2% | +$114K |
2013 Q2
5 quarters
|
|
25
DELISTED
Nordstrom
JWN
| $6.76M | 1.45% |
98,927
-2,171
| -2% | -$150K |
2014 Q1
2 quarters
|
|
Similar funds
First Interstate Bank's Q3 2014 Portfolio in Review
As of Q3 2014, First Interstate Bank held 113 positions worth $467M, down 3.9% from $486M the previous quarter. Its ten largest holdings account for 40% of the portfolio.
First Interstate Bank withdrew a net $18.4M in Q3 2014, closing 8 positions and reducing 47 holdings. Its most notable exit was Northern Trust, an estimated $5.09M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 26% of assets, up from 25% a quarter earlier, followed by Technology and Financials.
Against the trend, First Interstate Bank opened a new position in Tesla worth $792K.
- First Interstate Bank's largest Q3 2014 buy was Tesla: 48,975 shares worth $792K.
- First Interstate Bank added most to ExxonMobil in Q3 2014, an estimated $6.47M increase.
- First Interstate Bank's biggest Q3 2014 reduction was McDonald's, cutting an estimated $6.82M.
- First Interstate Bank fully exited Northern Trust in Q3 2014, selling an estimated $5.09M.
- First Interstate Bank's ten largest holdings make up 40% of its $467M portfolio in Q3 2014.
- First Interstate Bank opened 4 new positions and closed 8 in Q3 2014.
- First Interstate Bank's portfolio value fell 3.9% quarter-over-quarter to $467M.
Based on First Interstate Bank's 13F filing for Q3 2014, filed 7 Oct 2014.