First Interstate BancSystem
FIBK
171 hedge funds and large institutions have $1.04B invested in First Interstate BancSystem in 2020 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 52 increasing their positions, 64 reducing their positions, and 22 closing their positions.
1% more capital invested
Capital invested by funds: $1.02B → $1.04B (+$12.5M)
0% more funds holding
Funds holding: 171 → 171 (0)
0% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 22
1.62% less ownership
Funds ownership: 77.85% → 76.23% (-1.6%)
19% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 64
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$9.09M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$7.58M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$4.28M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$2.44M |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$2.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$7.14M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.98M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.52M |
| 4 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$5.5M |
| 5 |
BC
Burney Company
Reston,
Virginia
|
-$5.32M |
FIBK Hedge Fund Activity: Q3 2020 in Review
171 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q3 2020, worth a combined $1.04B — up 1.2% from $1.02B a quarter earlier.
Fund positioning in FIBK was balanced in Q3 2020: 22 funds opened new positions, 22 closed out, 52 added to existing stakes and 64 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $9.09M. The largest seller was Citadel Advisors, cutting an estimated $7.14M.
- 171 institutional investors held First Interstate BancSystem (FIBK) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $1.04B of First Interstate BancSystem stock for Q3 2020, up 1.2% quarter-over-quarter.
- 22 funds opened new First Interstate BancSystem positions in Q3 2020 and 22 closed out, a net change of 0 holders.
- The largest First Interstate BancSystem buyer in Q3 2020 was DePrince Race & Zollo Inc (DRZ), an estimated $9.09M added.
- The largest First Interstate BancSystem seller in Q3 2020 was Citadel Advisors, an estimated $7.14M sold.
Based on aggregated 13F filings for Q3 2020.