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 Technology Select Sector SPDR ETF
XLK
|
+$6.88M |
| 2 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$3.01M |
| 3 |
State Street Real Estate Select Sector SPDR ETF
XLRE
|
+$2.4M |
| 4 |
State Street Communication Services Select Sector SPDR ETF
XLC
|
+$1.77M |
| 5 |
First Interstate BancSystem
FIBK
|
+$660K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Qualcomm
QCOM
|
+$5.06M |
| 2 |
Walt Disney
DIS
|
+$4.72M |
| 3 |
Starbucks
SBUX
|
+$4.04M |
| 4 |
JPMorgan Chase
JPM
|
+$2.43M |
| 5 |
Apple
AAPL
|
+$647K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 30.31% |
| 2 | Technology | 13.46% |
| 3 | Financials | 12.2% |
| 4 | Healthcare | 8.39% |
| 5 | Consumer Discretionary | 7.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
State Street SPDR S&P 500 ETF Trust
SPY
$800B
| $27.6M | 6.12% |
94,214
+179
| +0.2% | +$51.5K |
2013 Q3
23 quarters
|
|
|
2
State Street Technology Select Sector SPDR ETF
XLK
$113B
| $21.6M | 4.79% |
553,856
+180,448
| +48% | +$6.88M |
2017 Q4
6 quarters
|
|
3
Microsoft
MSFT
$3.89T
| $14.8M | 3.29% |
110,858
-4,205
| -4% | -$534K |
2013 Q2
24 quarters
|
|
4
State Street Health Care Select Sector SPDR ETF
XLV
$51B
| $14M | 3.11% |
151,467
-6,261
| -4% | -$563K |
2015 Q3
15 quarters
|
|
|
5
Apple
AAPL
$5.18T
| $13.8M | 3.07% |
279,668
-13,280
| -5% | -$647K |
2013 Q2
24 quarters
|
|
6
Cisco
CSCO
$377B
| $10.8M | 2.39% |
196,538
-7,598
| -4% | -$420K |
2013 Q2
24 quarters
|
|
|
7
First Interstate BancSystem
FIBK
$3.51B
| $10M | 2.22% |
252,663
+16,544
| +7% | +$660K |
2013 Q2
24 quarters
|
|
|
8
Walt Disney
DIS
$205B
| $9.12M | 2.02% |
65,324
-35,555
| -35% | -$4.72M |
2013 Q2
24 quarters
|
|
9
Amazon
AMZN
$2.88T
| $9.05M | 2.01% |
95,560
+180
| +0.2% | +$16.8K |
2014 Q1
21 quarters
|
|
10
American Express
AXP
$215B
| $8.71M | 1.93% |
70,580
-3,304
| -4% | -$388K |
2013 Q3
23 quarters
|
|
|
11
State Street Communication Services Select Sector SPDR ETF
XLC
$22.5B
| $8.47M | 1.88% |
172,048
+36,312
| +27% | +$1.77M |
2018 Q3
3 quarters
|
|
12
ExxonMobil
XOM
$696B
| $8.05M | 1.79% |
105,072
-5,183
| -5% | -$401K |
2013 Q2
24 quarters
|
|
13
PepsiCo
PEP
$198B
| $8.02M | 1.78% |
61,163
-2,922
| -5% | -$375K |
2013 Q2
24 quarters
|
|
14
State Street Financial Select Sector SPDR ETF
XLF
$55.6B
| $7.98M | 1.77% |
289,204
-6,116
| -2% | -$166K |
2017 Q4
6 quarters
|
|
|
15
JPMorgan Chase
JPM
$919B
| $7.84M | 1.74% |
70,079
-22,004
| -24% | -$2.43M |
2013 Q2
24 quarters
|
|
16
Lowe's Companies
LOW
$128B
| $7.4M | 1.64% |
73,339
-3,870
| -5% | -$408K |
2015 Q3
15 quarters
|
|
17
Berkshire Hathaway Class B
BRK.B
$1.26T
| $7.38M | 1.64% |
34,606
-1,606
| -4% | -$332K |
2013 Q2
24 quarters
|
|
18
Union Pacific
UNP
$180B
| $7.32M | 1.62% |
43,281
-1,749
| -4% | -$300K |
2013 Q3
23 quarters
|
|
19
Mondelez International
MDLZ
$85.5B
| $7.29M | 1.62% |
135,289
-6,143
| -4% | -$319K |
2013 Q2
24 quarters
|
|
20
Walmart Inc
WMT
$1.02T
| $6.61M | 1.47% |
179,421
-5,115
| -3% | -$176K |
2015 Q3
15 quarters
|
|
21
Gilead Sciences
GILD
$208B
| $6.56M | 1.45% |
97,118
-3,616
| -4% | -$238K |
2013 Q2
24 quarters
|
|
22
Alphabet (Google) Class A
GOOGL
$3.64T
| $6.42M | 1.42% |
118,660
-4,780
| -4% | -$277K |
2015 Q4
14 quarters
|
|
23
Nike
NKE
$56.4B
| $6.42M | 1.42% |
76,417
-3,609
| -5% | -$304K |
2015 Q3
15 quarters
|
|
24
McKesson
MCK
$127B
| $6.36M | 1.41% |
47,332
-2,551
| -5% | -$318K |
2013 Q2
24 quarters
|
|
25
State Street Industrial Select Sector SPDR ETF
XLI
$30.9B
| $6.35M | 1.41% |
81,993
-1,346
| -2% | -$102K |
2017 Q4
6 quarters
|
|
Similar funds
First Interstate Bank's Q2 2019 Portfolio in Review
As of Q2 2019, First Interstate Bank held 700 positions worth $451M, up 0.62% from $448M the previous quarter. Its ten largest holdings account for 31% of the portfolio.
First Interstate Bank withdrew a net $15.1M in Q2 2019, closing 62 positions and reducing 213 holdings. Its most notable exit was Duke Energy, an estimated $351K position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 30% of assets, up from 27% a quarter earlier, followed by Technology and Financials.
Against the trend, First Interstate Bank opened a new position in Fox Class B worth $232K.
- First Interstate Bank's largest Q2 2019 buy was Fox Class B: 6,357 shares worth $232K.
- First Interstate Bank added most to State Street Technology Select Sector SPDR ETF in Q2 2019, an estimated $6.88M increase.
- First Interstate Bank's biggest Q2 2019 reduction was Qualcomm, cutting an estimated $5.06M.
- First Interstate Bank fully exited Duke Energy in Q2 2019, selling an estimated $351K.
- First Interstate Bank's ten largest holdings make up 31% of its $451M portfolio in Q2 2019.
- First Interstate Bank opened 29 new positions and closed 62 in Q2 2019.
- First Interstate Bank's portfolio value rose 0.62% quarter-over-quarter to $451M.
Based on First Interstate Bank's 13F filing for Q2 2019, filed 5 Aug 2019.