First Interstate BancSystem
FIBK
278 hedge funds and large institutions have $3.37B invested in First Interstate BancSystem in 2025 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 95 increasing their positions, 75 reducing their positions, and 25 closing their positions.
168% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 25
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
27% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 75
21% more capital invested
Capital invested by funds: $2.79B → $3.37B (+$577M)
17% more funds holding
Funds holding: 238 → 278 (+40)
11.07% more ownership
Funds ownership: 83.61% → 94.68% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$203M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$87.5M |
| 3 |
State Street
Boston,
Massachusetts
|
+$41M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$39.7M |
| 5 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$36.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$69.5M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$54.4M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$43.5M |
| 4 |
ACL
Azora Capital LP
Miami,
Florida
|
-$40.7M |
| 5 |
Millennium Management
New York
|
-$13M |
FIBK Hedge Fund Activity: Q4 2025 in Review
278 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q4 2025, worth a combined $3.37B — up 21% from $2.79B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new FIBK positions and 25 closed out — a net gain of 42 holders — while 95 added to existing stakes and 75 trimmed.
The largest buyer was BlackRock, adding an estimated $203M. The largest seller was Macquarie Group, exiting entirely with an estimated $69.5M sold.
- 278 institutional investors held First Interstate BancSystem (FIBK) as of Q4 2025, up from 238 in Q3 2025.
- Funds reported $3.37B of First Interstate BancSystem stock for Q4 2025, up 21% quarter-over-quarter.
- 67 funds opened new First Interstate BancSystem positions in Q4 2025 and 25 closed out, a net change of +42 holders.
- The largest First Interstate BancSystem buyer in Q4 2025 was BlackRock, an estimated $203M added.
- The largest First Interstate BancSystem seller in Q4 2025 was Macquarie Group, an estimated $69.5M sold.
Based on aggregated 13F filings for Q4 2025.