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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$11.6M |
| 2 |
Wells Fargo
WFC
|
+$7.3M |
| 3 |
Lowe's Companies
LOW
|
+$4.86M |
| 4 |
Nike
NKE
|
+$4.79M |
| 5 |
McKesson
MCK
|
+$2.54M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
US Bancorp
USB
|
+$6.82M |
| 2 |
Truist Financial
TFC
|
+$5.51M |
| 3 |
Nordstrom
JWN
|
+$4.51M |
| 4 |
Procter & Gamble
PG
|
+$4.3M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$1.71M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.03% |
| 2 | Technology | 14.02% |
| 3 | Healthcare | 12.18% |
| 4 | Miscellaneous | 10.43% |
| 5 | Consumer Staples | 9.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
FFG
1
DELISTED
FBL Financial Group
FFG
| $24.1M | 4.74% |
308,000
| – | – |
2015 Q3
5 quarters
|
|
2
JPMorgan Chase
JPM
$895B
| $18.3M | 3.6% |
211,990
-21,175
| -9% | -$1.61M |
2013 Q2
14 quarters
|
|
3
Apple
AAPL
$5.03T
| $18.1M | 3.56% |
625,240
-49,244
| -7% | -$1.4M |
2013 Q2
14 quarters
|
|
4
Citigroup
C
$203B
| $15.3M | 3.01% |
257,013
-22,171
| -8% | -$1.2M |
2013 Q2
14 quarters
|
|
5
ExxonMobil
XOM
$764B
| $14.3M | 2.82% |
158,802
-10,408
| -6% | -$909K |
2013 Q2
14 quarters
|
|
|
CELG
6
DELISTED
Celgene Corp
CELG
| $13M | 2.55% |
111,913
-6,122
| -5% | -$682K |
2013 Q2
14 quarters
|
|
7
Microsoft
MSFT
$3.88T
| $12.9M | 2.53% |
207,071
-14,511
| -7% | -$873K |
2013 Q2
14 quarters
|
|
|
8
State Street SPDR S&P 500 ETF Trust
SPY
$799B
| $12.3M | 2.43% |
55,176
+53,125
| +2,590% | +$11.6M |
2013 Q3
13 quarters
|
|
9
Walt Disney
DIS
$192B
| $11.8M | 2.32% |
112,969
-7,383
| -6% | -$720K |
2013 Q2
14 quarters
|
|
10
Cisco
CSCO
$412B
| $10.8M | 2.13% |
357,503
+1,448
| +0.4% | +$44.1K |
2013 Q2
14 quarters
|
|
|
BHI
11
DELISTED
Baker Hughes
BHI
| $10.4M | 2.05% |
160,288
-8,304
| -5% | -$493K |
2013 Q2
14 quarters
|
|
12
Skyworks Solutions
SWKS
$20.6B
| $10.2M | 2.01% |
136,847
-4,990
| -4% | -$384K |
2013 Q3
13 quarters
|
|
13
Qualcomm
QCOM
$176B
| $10.1M | 1.99% |
154,768
-4,285
| -3% | -$288K |
2013 Q2
14 quarters
|
|
|
14
McKesson
MCK
$116B
| $9.6M | 1.9% |
68,580
+17,250
| +34% | +$2.54M |
2013 Q2
14 quarters
|
|
15
UnitedHealth
UNH
$365B
| $9.6M | 1.89% |
59,930
-5,674
| -9% | -$848K |
2013 Q2
14 quarters
|
|
16
American Express
AXP
$214B
| $9.6M | 1.89% |
129,346
-7,741
| -6% | -$536K |
2013 Q3
13 quarters
|
|
|
17
Wells Fargo
WFC
$250B
| $9.4M | 1.85% |
170,544
+145,122
| +571% | +$7.3M |
2014 Q4
8 quarters
|
|
18
Target
TGT
$70.1B
| $8.87M | 1.75% |
122,785
-11,465
| -9% | -$830K |
2013 Q2
14 quarters
|
|
19
GE Aerospace
GE
$313B
| $8.79M | 1.73% |
58,054
+3,158
| +6% | +$459K |
2013 Q2
14 quarters
|
|
20
PepsiCo
PEP
$187B
| $8.68M | 1.71% |
82,998
-4,436
| -5% | -$465K |
2013 Q2
14 quarters
|
|
21
Gilead Sciences
GILD
$212B
| $8.41M | 1.66% |
117,458
+12,373
| +12% | +$920K |
2013 Q2
14 quarters
|
|
22
Mondelez International
MDLZ
$82.2B
| $7.46M | 1.47% |
168,201
-5,901
| -3% | -$254K |
2013 Q2
14 quarters
|
|
23
Berkshire Hathaway Class B
BRK.B
$1.16T
| $7.05M | 1.39% |
43,267
+2,005
| +5% | +$309K |
2013 Q2
14 quarters
|
|
24
Chevron
CVX
$459B
| $6.92M | 1.36% |
58,766
-757
| -1% | -$82.4K |
2013 Q2
14 quarters
|
|
25
Union Pacific
UNP
$181B
| $6.84M | 1.35% |
66,014
-8,574
| -11% | -$843K |
2013 Q3
13 quarters
|
|
Similar funds
First Interstate Bank's Q4 2016 Portfolio in Review
As of Q4 2016, First Interstate Bank held 836 positions worth $508M, up 4.1% from $488M the previous quarter. Its ten largest holdings account for 30% of the portfolio.
First Interstate Bank's Q4 2016 filing shows 67 new, 117 increased, 186 reduced and 93 closed positions. Its largest new stake was Carnival Corporation Ltd: 17,090 shares worth $890K. The largest sale was US Bancorp, an estimated $6.82M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 19% a quarter earlier, followed by Technology and Healthcare.
- First Interstate Bank's largest Q4 2016 buy was Carnival Corporation Ltd: 17,090 shares worth $890K.
- First Interstate Bank added most to State Street SPDR S&P 500 ETF Trust in Q4 2016, an estimated $11.6M increase.
- First Interstate Bank's biggest Q4 2016 reduction was US Bancorp, cutting an estimated $6.82M.
- First Interstate Bank fully exited CIT Group Inc. in Q4 2016, selling an estimated $730K.
- First Interstate Bank's ten largest holdings make up 30% of its $508M portfolio in Q4 2016.
- First Interstate Bank opened 67 new positions and closed 93 in Q4 2016.
- First Interstate Bank's portfolio value rose 4.1% quarter-over-quarter to $508M.
Based on First Interstate Bank's 13F filing for Q4 2016, filed 31 Jan 2017.