First Interstate BancSystem
FIBK
157 hedge funds and large institutions have $964M invested in First Interstate BancSystem in 2017 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 63 increasing their positions, 56 reducing their positions, and 21 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 56
2% more capital invested
Capital invested by funds: $945M → $964M (+$19.5M)
0.53% more ownership
Funds ownership: 76.2% → 76.73% (+0.53%)
2% less funds holding
Funds holding: 161 → 157 (-4)
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$24.9M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$21.5M |
| 3 |
BCM
Basswood Capital Management
New York
|
+$10.8M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$8.99M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$6.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$24M |
| 2 |
AssetMark Inc
Concord,
California
|
-$14.8M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$12.4M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$8.98M |
| 5 |
CCMW
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
|
-$5.6M |
FIBK Hedge Fund Activity: Q3 2017 in Review
157 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q3 2017, worth a combined $964M — up 2.1% from $945M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FIBK and 18 opened new positions — a net loss of 3 holders — while 56 trimmed existing stakes and 63 added.
The largest buyer was Bank of New York Mellon, adding an estimated $24.9M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $24M sold.
- 157 institutional investors held First Interstate BancSystem (FIBK) as of Q3 2017, down from 161 in Q2 2017.
- Funds reported $964M of First Interstate BancSystem stock for Q3 2017, up 2.1% quarter-over-quarter.
- 18 funds opened new First Interstate BancSystem positions in Q3 2017 and 21 closed out, a net change of -3 holders.
- The largest First Interstate BancSystem buyer in Q3 2017 was Bank of New York Mellon, an estimated $24.9M added.
- The largest First Interstate BancSystem seller in Q3 2017 was Laurion Capital Management, an estimated $24M sold.
Based on aggregated 13F filings for Q3 2017.