First Interstate BancSystem
FIBK
226 hedge funds and large institutions have $2.21B invested in First Interstate BancSystem in 2024 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 72 increasing their positions, 84 reducing their positions, and 18 closing their positions.
593% more call options, than puts
Call options by funds: $582K | Put options by funds: $84K
106% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 18
9% more funds holding
Funds holding: 207 → 226 (+19)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.67% less ownership
Funds ownership: 79.82% → 78.14% (-1.7%)
14% less capital invested
Capital invested by funds: $2.58B → $2.21B (-$367M)
14% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$33.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$32.8M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$17M |
| 4 |
State Street
Boston,
Massachusetts
|
+$16M |
| 5 |
JP Morgan Chase
New York
|
+$8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$49.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$49.8M |
| 3 |
Morgan Stanley
New York
|
-$28.3M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$19.8M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$13.5M |
FIBK Hedge Fund Activity: Q1 2024 in Review
226 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q1 2024, worth a combined $2.21B — down 14% from $2.58B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new FIBK positions and 18 closed out — a net gain of 19 holders — while 72 added to existing stakes and 84 trimmed.
The largest buyer was Invesco, adding an estimated $33.1M. The largest seller was Macquarie Group, cutting an estimated $49.8M.
- 226 institutional investors held First Interstate BancSystem (FIBK) as of Q1 2024, up from 207 in Q4 2023.
- Funds reported $2.21B of First Interstate BancSystem stock for Q1 2024, down 14% quarter-over-quarter.
- 37 funds opened new First Interstate BancSystem positions in Q1 2024 and 18 closed out, a net change of +19 holders.
- The largest First Interstate BancSystem buyer in Q1 2024 was Invesco, an estimated $33.1M added.
- The largest First Interstate BancSystem seller in Q1 2024 was Macquarie Group, an estimated $49.8M sold.
Based on aggregated 13F filings for Q1 2024.