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 |
MNDT
Mandiant, Inc. Common Stock
MNDT
|
+$3.48M |
| 2 |
BHI
Baker Hughes
BHI
|
+$3.24M |
| 3 |
Ford
F
|
+$2.89M |
| 4 |
Citigroup
C
|
+$2.4M |
| 5 |
Kinder Morgan
KMI
|
+$482K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$792K |
| 2 |
Jacobs Solutions
J
|
+$478K |
| 3 |
APA Corp
APA
|
+$474K |
| 4 |
Amazon
AMZN
|
+$333K |
| 5 |
Fluor
FLR
|
+$257K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 39.08% |
| 2 | Technology | 12.67% |
| 3 | Financials | 9.94% |
| 4 | Consumer Staples | 8.39% |
| 5 | Healthcare | 8.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$5.18T
| $18.7M | 3.08% |
677,312
-1,508
| -0.2% | -$41K |
2013 Q2
6 quarters
|
|
2
ExxonMobil
XOM
$696B
| $15.1M | 2.48% |
162,921
+2,121
| +1% | +$198K |
2013 Q2
6 quarters
|
|
3
Skyworks Solutions
SWKS
$21.1B
| $14.6M | 2.41% |
200,988
-830
| -0.4% | -$51.5K |
2013 Q3
5 quarters
|
|
4
JPMorgan Chase
JPM
$919B
| $14.2M | 2.34% |
226,951
+3,149
| +1% | +$189K |
2013 Q2
6 quarters
|
|
5
UnitedHealth
UNH
$365B
| $12.3M | 2.02% |
121,349
-225
| -0.2% | -$21.3K |
2013 Q2
6 quarters
|
|
|
6
Citigroup
C
$205B
| $12M | 1.98% |
222,359
+45,113
| +25% | +$2.4M |
2013 Q2
6 quarters
|
|
7
GE Aerospace
GE
$344B
| $11M | 1.82% |
91,111
+848
| +0.9% | +$104K |
2013 Q2
6 quarters
|
|
8
Procter & Gamble
PG
$394B
| $10.7M | 1.77% |
118,010
+1,267
| +1% | +$111K |
2013 Q2
6 quarters
|
|
|
BHI
9
DELISTED
Baker Hughes
BHI
| $10.6M | 1.75% |
189,875
+57,376
| +43% | +$3.24M |
2013 Q2
6 quarters
|
|
|
CELG
10
DELISTED
Celgene Corp
CELG
| $10.4M | 1.71% |
92,981
+4
| +0% | +$422 |
2013 Q2
6 quarters
|
|
11
Target
TGT
$73.3B
| $10M | 1.64% |
131,344
+867
| +0.7% | +$58.5K |
2013 Q2
6 quarters
|
|
12
Walt Disney
DIS
$205B
| $9.7M | 1.6% |
103,197
+244
| +0.2% | +$22K |
2013 Q2
6 quarters
|
|
13
DELISTED
EMC CORPORATION
EMC
| $9.7M | 1.6% |
326,128
+670
| +0.2% | +$19.5K |
2013 Q2
6 quarters
|
|
14
Microsoft
MSFT
$3.89T
| $9.6M | 1.59% |
207,477
-292
| -0.1% | -$13.7K |
2013 Q2
6 quarters
|
|
15
Gilead Sciences
GILD
$208B
| $9.11M | 1.5% |
96,681
+408
| +0.4% | +$42.2K |
2013 Q2
6 quarters
|
|
16
Cisco
CSCO
$377B
| $9.03M | 1.49% |
324,681
+1,217
| +0.4% | +$31.4K |
2013 Q2
6 quarters
|
|
17
American Express
AXP
$215B
| $9.01M | 1.48% |
96,860
+606
| +0.6% | +$54.3K |
2013 Q3
5 quarters
|
|
|
18
Ford
F
$47.6B
| $8.75M | 1.44% |
564,816
+196,129
| +53% | +$2.89M |
2013 Q2
6 quarters
|
|
19
PepsiCo
PEP
$198B
| $8.67M | 1.43% |
91,661
+560
| +0.6% | +$53.7K |
2013 Q2
6 quarters
|
|
20
Union Pacific
UNP
$180B
| $8.63M | 1.42% |
72,461
+93
| +0.1% | +$10.7K |
2013 Q3
5 quarters
|
|
21
DELISTED
Nordstrom
JWN
| $7.86M | 1.29% |
99,003
+76
| +0.1% | +$5.58K |
2014 Q1
3 quarters
|
|
22
McKesson
MCK
$127B
| $7.49M | 1.23% |
36,085
-32
| -0.1% | -$6.5K |
2013 Q2
6 quarters
|
|
23
Qualcomm
QCOM
$185B
| $7.25M | 1.19% |
97,535
+2,486
| +3% | +$182K |
2013 Q2
6 quarters
|
|
24
DELISTED
Du Pont De Nemours E I
DD
| $7.02M | 1.16% |
100,037
-567
| -0.6% | -$37.9K |
2013 Q2
6 quarters
|
|
25
US Bancorp
USB
$95B
| $6.97M | 1.15% |
155,132
+2,355
| +2% | +$101K |
2013 Q2
6 quarters
|
|
Similar funds
First Interstate Bank's Q4 2014 Portfolio in Review
As of Q4 2014, First Interstate Bank held 125 positions worth $607M, up 30% from $467M the previous quarter. Its ten largest holdings account for 47% of the portfolio.
First Interstate Bank deployed $129M of net new capital in Q4 2014, opening 20 new positions and adding to 54 existing holdings. Its largest new stake was Mandiant, Inc. Common Stock: 113,306 shares worth $3.58M.
By sector, the portfolio is most concentrated in Miscellaneous at 39% of assets, up from 26% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Jacobs Solutions, an estimated $478K trimmed.
- First Interstate Bank's largest Q4 2014 buy was Mandiant, Inc. Common Stock: 113,306 shares worth $3.58M.
- First Interstate Bank added most to Baker Hughes in Q4 2014, an estimated $3.24M increase.
- First Interstate Bank's biggest Q4 2014 reduction was Jacobs Solutions, cutting an estimated $478K.
- First Interstate Bank fully exited Tesla in Q4 2014, selling an estimated $792K.
- First Interstate Bank's ten largest holdings make up 47% of its $607M portfolio in Q4 2014.
- First Interstate Bank opened 20 new positions and closed 8 in Q4 2014.
- First Interstate Bank's portfolio value rose 30% quarter-over-quarter to $607M.
Based on First Interstate Bank's 13F filing for Q4 2014, filed 9 Jan 2015.