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 |
Walmart Inc
WMT
|
+$2.59M |
| 2 |
American Express
AXP
|
+$2.34M |
| 3 |
Qualcomm
QCOM
|
+$2.09M |
| 4 |
FedEx
FDX
|
+$935K |
| 5 |
Citigroup
C
|
+$353K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Philip Morris
PM
|
+$4.45M |
| 2 |
ExxonMobil
XOM
|
+$3.26M |
| 3 |
Deere & Co
DE
|
+$759K |
| 4 |
Vanguard S&P 500 ETF
VOO
|
+$740K |
| 5 |
Chubb
CB
|
+$579K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.28% |
| 2 | Technology | 16.27% |
| 3 | Healthcare | 12.67% |
| 4 | Consumer Staples | 12.27% |
| 5 | Industrials | 9.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
FFG
1
DELISTED
FBL Financial Group
FFG
| $18.9M | 3.97% |
308,000
| – | – |
2015 Q3
2 quarters
|
|
2
Apple
AAPL
$5.03T
| $16.7M | 3.5% |
613,872
+5,124
| +0.8% | +$128K |
2013 Q2
11 quarters
|
|
3
UnitedHealth
UNH
$365B
| $14.2M | 2.97% |
109,858
-120
| -0.1% | -$14.2K |
2013 Q2
11 quarters
|
|
|
4
ExxonMobil
XOM
$770B
| $14M | 2.93% |
167,375
-40,669
| -20% | -$3.26M |
2013 Q2
11 quarters
|
|
5
JPMorgan Chase
JPM
$895B
| $13.8M | 2.9% |
233,452
+3,125
| +1% | +$183K |
2013 Q2
11 quarters
|
|
6
GE Aerospace
GE
$313B
| $13.4M | 2.8% |
87,674
-575
| -0.7% | -$81.2K |
2013 Q2
11 quarters
|
|
7
Microsoft
MSFT
$3.88T
| $12.5M | 2.62% |
226,826
+3,134
| +1% | +$164K |
2013 Q2
11 quarters
|
|
8
Walt Disney
DIS
$192B
| $11.7M | 2.45% |
117,648
+3,049
| +3% | +$294K |
2013 Q2
11 quarters
|
|
|
9
Citigroup
C
$203B
| $11.7M | 2.45% |
279,535
+8,442
| +3% | +$353K |
2013 Q2
11 quarters
|
|
10
Skyworks Solutions
SWKS
$20.6B
| $11M | 2.31% |
141,424
+1,422
| +1% | +$96.4K |
2013 Q3
10 quarters
|
|
11
Target
TGT
$70.1B
| $10.9M | 2.29% |
132,912
+234
| +0.2% | +$17.7K |
2013 Q2
11 quarters
|
|
12
Procter & Gamble
PG
$374B
| $10.5M | 2.19% |
127,098
-468
| -0.4% | -$37.7K |
2013 Q2
11 quarters
|
|
13
Cisco
CSCO
$412B
| $10.3M | 2.17% |
363,247
+2,856
| +0.8% | +$73.5K |
2013 Q2
11 quarters
|
|
14
Gilead Sciences
GILD
$212B
| $9.31M | 1.95% |
101,355
+1,662
| +2% | +$150K |
2013 Q2
11 quarters
|
|
|
CELG
15
DELISTED
Celgene Corp
CELG
| $8.93M | 1.87% |
89,203
+600
| +0.7% | +$61.8K |
2013 Q2
11 quarters
|
|
16
PepsiCo
PEP
$187B
| $8.85M | 1.85% |
86,321
-1,793
| -2% | -$177K |
2013 Q2
11 quarters
|
|
|
17
American Express
AXP
$214B
| $8.44M | 1.77% |
137,430
+40,212
| +41% | +$2.34M |
2013 Q3
10 quarters
|
|
18
DELISTED
EMC CORPORATION
EMC
| $8.16M | 1.71% |
306,034
+638
| +0.2% | +$16.2K |
2013 Q2
11 quarters
|
|
|
BHI
19
DELISTED
Baker Hughes
BHI
| $7.76M | 1.63% |
177,040
-4,667
| -3% | -$202K |
2013 Q2
11 quarters
|
|
20
Ford
F
$48.9B
| $7.71M | 1.62% |
571,411
+4,876
| +0.9% | +$61.3K |
2013 Q2
11 quarters
|
|
|
21
Qualcomm
QCOM
$176B
| $7.6M | 1.59% |
148,636
+42,855
| +41% | +$2.09M |
2013 Q2
11 quarters
|
|
22
Bristol-Myers Squibb
BMY
$128B
| $7.05M | 1.48% |
110,336
+982
| +0.9% | +$61.9K |
2013 Q2
11 quarters
|
|
23
Mondelez International
MDLZ
$82.9B
| $6.93M | 1.45% |
172,831
+4,340
| +3% | +$177K |
2013 Q2
11 quarters
|
|
24
Costco
COST
$449B
| $6.54M | 1.37% |
41,476
-25
| -0.1% | -$3.79K |
2013 Q2
11 quarters
|
|
25
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.7B
| $6.47M | 1.36% |
54,451
+887
| +2% | +$102K |
2015 Q3
2 quarters
|
|
Similar funds
First Interstate Bank's Q1 2016 Portfolio in Review
As of Q1 2016, First Interstate Bank held 811 positions worth $477M, down 0.95% from $482M the previous quarter. Its ten largest holdings account for 29% of the portfolio.
First Interstate Bank's Q1 2016 filing shows 31 new, 129 increased, 148 reduced and 52 closed positions. Its largest new stake was Edison International: 3,500 shares worth $252K. The largest sale was Philip Morris, an estimated $4.45M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Technology and Healthcare.
- First Interstate Bank's largest Q1 2016 buy was Edison International: 3,500 shares worth $252K.
- First Interstate Bank added most to Walmart Inc in Q1 2016, an estimated $2.59M increase.
- First Interstate Bank's biggest Q1 2016 reduction was Philip Morris, cutting an estimated $4.45M.
- First Interstate Bank fully exited Vanguard S&P 500 ETF in Q1 2016, selling an estimated $740K.
- First Interstate Bank's ten largest holdings make up 29% of its $477M portfolio in Q1 2016.
- First Interstate Bank opened 31 new positions and closed 52 in Q1 2016.
- First Interstate Bank's portfolio value fell 0.95% quarter-over-quarter to $477M.
Based on First Interstate Bank's 13F filing for Q1 2016, filed 11 May 2016.