First Interstate BancSystem
FIBK
117 hedge funds and large institutions have $374M invested in First Interstate BancSystem in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 48 increasing their positions, 46 reducing their positions, and 14 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 46
2% less capital invested
Capital invested by funds: $380M → $374M (-$6.26M)
6% less funds holding
Funds holding: 125 → 117 (-8)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$18.8M |
| 2 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$4.82M |
| 3 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$3.48M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$2.52M |
| 5 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$8.47M |
| 2 |
State Street
Boston,
Massachusetts
|
-$7.82M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$5.28M |
| 4 |
QI
Quotient Investors
New York
|
-$2.38M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$2.31M |
FIBK Hedge Fund Activity: Q3 2014 in Review
117 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q3 2014, worth a combined $374M — down 1.6% from $380M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FIBK and 6 opened new positions — a net loss of 8 holders — while 46 trimmed existing stakes and 48 added.
The largest buyer was Perkins Investment Management, adding an estimated $18.8M. The largest seller was Principal Financial Group, exiting entirely with an estimated $8.47M sold.
- 117 institutional investors held First Interstate BancSystem (FIBK) as of Q3 2014, down from 125 in Q2 2014.
- Funds reported $374M of First Interstate BancSystem stock for Q3 2014, down 1.6% quarter-over-quarter.
- 6 funds opened new First Interstate BancSystem positions in Q3 2014 and 14 closed out, a net change of -8 holders.
- The largest First Interstate BancSystem buyer in Q3 2014 was Perkins Investment Management, an estimated $18.8M added.
- The largest First Interstate BancSystem seller in Q3 2014 was Principal Financial Group, an estimated $8.47M sold.
Based on aggregated 13F filings for Q3 2014.