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 |
DuPont de Nemours
DD
|
+$7.48M |
| 2 |
KL
Kirkland Lake Gold Ltd Ordinary
KL
|
+$434K |
| 3 |
Baker Hughes
BKR
|
+$389K |
| 4 |
Workday
WDAY
|
+$305K |
| 5 |
Liberty Media Corporation Series C Common Stock
FWONK
|
+$304K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$5.69M |
| 2 |
Jacobs Solutions
J
|
+$5.31M |
| 3 |
The Mosaic Company
MOS
|
+$3.44M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$1.58M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$1.17M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.2% |
| 2 | Technology | 15.43% |
| 3 | Healthcare | 13.46% |
| 4 | Industrials | 9.72% |
| 5 | Consumer Staples | 8.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$5.08T
| $18.4M | 3.91% |
435,084
-8,532
| -2% | -$357K |
2013 Q2
18 quarters
|
|
2
JPMorgan Chase
JPM
$911B
| $17.3M | 3.68% |
162,023
-1,612
| -1% | -$163K |
2013 Q2
18 quarters
|
|
3
Citigroup
C
$202B
| $14.5M | 3.07% |
194,733
+180
| +0.1% | +$13.3K |
2013 Q2
18 quarters
|
|
4
State Street SPDR S&P 500 ETF Trust
SPY
$796B
| $13.7M | 2.9% |
51,255
| – | – |
2013 Q3
17 quarters
|
|
5
Walt Disney
DIS
$206B
| $12.8M | 2.71% |
118,676
-771
| -0.6% | -$79.4K |
2013 Q2
18 quarters
|
|
6
Qualcomm
QCOM
$186B
| $12.6M | 2.66% |
196,043
-3,079
| -2% | -$187K |
2013 Q2
18 quarters
|
|
7
Microsoft
MSFT
$3.97T
| $12.1M | 2.56% |
140,990
-1,590
| -1% | -$130K |
2013 Q2
18 quarters
|
|
8
Cisco
CSCO
$388B
| $11.8M | 2.51% |
308,498
-1,473
| -0.5% | -$52.6K |
2013 Q2
18 quarters
|
|
|
9
ExxonMobil
XOM
$671B
| $11.6M | 2.45% |
138,310
-68,804
| -33% | -$5.69M |
2013 Q2
18 quarters
|
|
10
UnitedHealth
UNH
$363B
| $11M | 2.33% |
49,920
-1,056
| -2% | -$224K |
2013 Q2
18 quarters
|
|
|
CELG
11
DELISTED
Celgene Corp
CELG
| $10.9M | 2.31% |
104,481
-967
| -0.9% | -$109K |
2013 Q2
18 quarters
|
|
12
McKesson
MCK
$125B
| $9.7M | 2.06% |
62,172
-1,269
| -2% | -$188K |
2013 Q2
18 quarters
|
|
13
Wells Fargo
WFC
$258B
| $9.3M | 1.97% |
153,374
-4,316
| -3% | -$244K |
2014 Q4
12 quarters
|
|
14
PepsiCo
PEP
$195B
| $9.13M | 1.94% |
76,162
-1,396
| -2% | -$159K |
2013 Q2
18 quarters
|
|
15
American Express
AXP
$217B
| $9.09M | 1.93% |
91,507
-1,142
| -1% | -$109K |
2013 Q3
17 quarters
|
|
16
Lowe's Companies
LOW
$130B
| $8.99M | 1.91% |
96,774
-974
| -1% | -$80.5K |
2015 Q3
9 quarters
|
|
17
Union Pacific
UNP
$179B
| $8.74M | 1.85% |
65,192
+921
| +1% | +$111K |
2013 Q3
17 quarters
|
|
18
Berkshire Hathaway Class B
BRK.B
$1.24T
| $8.72M | 1.85% |
43,968
-132
| -0.3% | -$25.1K |
2013 Q2
18 quarters
|
|
19
Gilead Sciences
GILD
$212B
| $8.56M | 1.82% |
119,468
+2,367
| +2% | +$180K |
2013 Q2
18 quarters
|
|
|
20
DuPont de Nemours
DD
$20.8B
| $7.49M | 1.59% |
+41,519
| New | +$7.48M |
2017 Q4
0 quarters
|
|
21
Skyworks Solutions
SWKS
$19.5B
| $7.46M | 1.58% |
78,549
-1,132
| -1% | -$118K |
2013 Q3
17 quarters
|
|
22
Alphabet (Google) Class A
GOOGL
$3.53T
| $7.37M | 1.56% |
139,940
+1,580
| +1% | +$81.6K |
2015 Q4
8 quarters
|
|
23
FedEx
FDX
$75B
| $7.28M | 1.55% |
29,187
-319
| -1% | -$72.9K |
2015 Q3
9 quarters
|
|
24
Bristol-Myers Squibb
BMY
$128B
| $7.26M | 1.54% |
118,440
-241
| -0.2% | -$15.1K |
2013 Q2
18 quarters
|
|
25
Chevron
CVX
$413B
| $7.24M | 1.54% |
57,862
-654
| -1% | -$77.6K |
2013 Q2
18 quarters
|
|
Similar funds
First Interstate Bank's Q4 2017 Portfolio in Review
As of Q4 2017, First Interstate Bank held 754 positions worth $471M, up 1.3% from $465M the previous quarter. Its ten largest holdings account for 29% of the portfolio.
First Interstate Bank withdrew a net $16.8M in Q4 2017, closing 51 positions and reducing 163 holdings. Its most notable exit was iShares 20+ Year Treasury Bond ETF, an estimated $1.17M position sold in full.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
Against the trend, First Interstate Bank opened a new position in DuPont de Nemours worth $7.49M.
- First Interstate Bank's largest Q4 2017 buy was DuPont de Nemours: 41,519 shares worth $7.49M.
- First Interstate Bank added most to Allergan plc in Q4 2017, an estimated $268K increase.
- First Interstate Bank's biggest Q4 2017 reduction was ExxonMobil, cutting an estimated $5.69M.
- First Interstate Bank fully exited iShares 20+ Year Treasury Bond ETF in Q4 2017, selling an estimated $1.17M.
- First Interstate Bank's ten largest holdings make up 29% of its $471M portfolio in Q4 2017.
- First Interstate Bank opened 61 new positions and closed 51 in Q4 2017.
- First Interstate Bank's portfolio value rose 1.3% quarter-over-quarter to $471M.
Based on First Interstate Bank's 13F filing for Q4 2017, filed 13 Feb 2018.