First Interstate BancSystem
FIBK
202 hedge funds and large institutions have $2.1B invested in First Interstate BancSystem in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 80 increasing their positions, 69 reducing their positions, and 28 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
16% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 69
5% more capital invested
Capital invested by funds: $1.99B → $2.1B (+$106M)
0.14% less ownership
Funds ownership: 80.24% → 80.1% (-0.14%)
2% less call options, than puts
Call options by funds: $614K | Put options by funds: $628K
5% less funds holding
Funds holding: 213 → 202 (-11)
32% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$23.3M |
| 2 |
Jennison Associates
New York
|
+$18M |
| 3 |
Millennium Management
New York
|
+$14.4M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$12.9M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$19.4M |
| 2 |
State Street
Boston,
Massachusetts
|
-$11.5M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$10.9M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$10.4M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$9.51M |
FIBK Hedge Fund Activity: Q3 2023 in Review
202 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q3 2023, worth a combined $2.1B — up 5.3% from $1.99B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of FIBK and 19 opened new positions — a net loss of 9 holders — while 69 trimmed existing stakes and 80 added.
The largest buyer was BlackRock, adding an estimated $23.3M. The largest seller was Citadel Advisors, cutting an estimated $19.4M.
- 202 institutional investors held First Interstate BancSystem (FIBK) as of Q3 2023, down from 213 in Q2 2023.
- Funds reported $2.1B of First Interstate BancSystem stock for Q3 2023, up 5.3% quarter-over-quarter.
- 19 funds opened new First Interstate BancSystem positions in Q3 2023 and 28 closed out, a net change of -9 holders.
- The largest First Interstate BancSystem buyer in Q3 2023 was BlackRock, an estimated $23.3M added.
- The largest First Interstate BancSystem seller in Q3 2023 was Citadel Advisors, an estimated $19.4M sold.
Based on aggregated 13F filings for Q3 2023.