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First Interstate BancSystem

207 hedge funds and large institutions have $2.58B invested in First Interstate BancSystem in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 76 increasing their positions, 72 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

4,332% more call options, than puts

Call options by funds: $975K | Put options by funds: $22K

32% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 22

23% more capital invested

Capital invested by funds: $2.1B → $2.58B (+$479M)

2% more funds holding

Funds holding: 202207 (+5)

6% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 72

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.28% less ownership

Funds ownership: 80.1%79.82% (-0.28%)

Holders
207
Holders Change
+5
Holders Change %
+2.48%
% of All Funds
3.02%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
29
Increased
76
Reduced
72
Closed
22
Calls
$975K
Puts
$22K
Net Calls
+$953K
Net Calls Change
+$967K
Name Holding Trade Value Shares
Change
Change in
Stake
LI
26
Leeward Investments
Massachusetts
$19.3M -$672K -25,826 -4%
Goldman Sachs
27
Goldman Sachs
New York
$14.5M -$98.2K -3,777 -0.8%
MIIM
28
Mesirow Institutional Investment Management
Illinois
$14.5M +$926K +35,606 +8%
Balyasny Asset Management
29
Balyasny Asset Management
Illinois
$13.5M +$11.4M +439,332 New
DIA
30
Davidson Investment Advisors
Montana
$13.3M -$313K -12,032 -3%
SEI Investments
31
SEI Investments
Pennsylvania
$13M -$52.2K -2,008 -0.5%
Empower Advisory Group
32
Empower Advisory Group
Colorado
$12.7M +$485K +18,646 +5%
Invesco
33
Invesco
Georgia
$12.5M +$5.99M +230,180 +131%
First Trust Advisors
34
First Trust Advisors
Illinois
$11.3M -$2.89M -111,091 -23%
Victory Capital Management
35
Victory Capital Management
Texas
$10.7M +$1.65M +63,486 +22%
EAM
36
Eagle Asset Management
Florida
$10.5M +$132K +5,074 +2%
ProShare Advisors
37
ProShare Advisors
Maryland
$8.79M -$824K -31,682 -10%
Fisher Asset Management
38
Fisher Asset Management
Washington
$8.37M +$4.29K +165 +0.1%
Manulife (Manufacturers Life Insurance)
39
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$7.85M -$9.39M -360,902 -59%
MOACM
40
Mutual of America Capital Management
New York
$7.8M +$367K +14,111 +6%
PCM
41
Peregrine Capital Management
Minnesota
$7.75M -$2.16M -83,138 -25%
Barclays
42
Barclays
United Kingdom
$7.46M +$646K +24,850 +11%
FHC
43
Forest Hill Capital
Arkansas
$6.68M -$2.86M -109,923 -34%
Hotchkis & Wiley Capital Management
44
Hotchkis & Wiley Capital Management
California
$6.41M -$36.4K -1,400 -0.7%
BCM
45
Basswood Capital Management
New York
$6.12M
UBS Group
46
UBS Group
Switzerland
$5.93M +$1.13M +43,508 +29%
CS
47
Credit Suisse
Switzerland
$5.67M +$80.2K +3,083 +2%
Swiss National Bank
48
Swiss National Bank
Switzerland
$5.41M -$497K -19,100 -10%
AllianceBernstein
49
AllianceBernstein
Tennessee
$5.36M -$1.22M -46,881 -21%
CRM
50
Cramer Rosenthal McGlynn
Connecticut
$4.95M -$10.5M -402,295 -71%

FIBK Hedge Fund Activity: Q4 2023 in Review

207 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q4 2023, worth a combined $2.58B — up 23% from $2.1B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new FIBK positions and 22 closed out — a net gain of 7 holders — while 76 added to existing stakes and 72 trimmed.

The largest buyer was Franklin Resources, adding an estimated $37.7M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $29.3M sold.

  • 207 institutional investors held First Interstate BancSystem (FIBK) as of Q4 2023, up from 202 in Q3 2023.
  • Funds reported $2.58B of First Interstate BancSystem stock for Q4 2023, up 23% quarter-over-quarter.
  • 29 funds opened new First Interstate BancSystem positions in Q4 2023 and 22 closed out, a net change of +7 holders.
  • The largest First Interstate BancSystem buyer in Q4 2023 was Franklin Resources, an estimated $37.7M added.
  • The largest First Interstate BancSystem seller in Q4 2023 was DePrince Race & Zollo Inc (DRZ), an estimated $29.3M sold.

Based on aggregated 13F filings for Q4 2023.