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First Interstate BancSystem

149 hedge funds and large institutions have $735M invested in First Interstate BancSystem in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 48 increasing their positions, 52 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

650% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 4

80.5% more ownership

Funds ownership: 0%80.5% (+80%)

56% more capital invested

Capital invested by funds: $471M → $735M (+$264M)

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

19% more funds holding

Funds holding: 125149 (+24)

8% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 52

Holders
149
Holders Change
+24
Holders Change %
+19.2%
% of All Funds
3.73%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
30
Increased
48
Reduced
52
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AIG
101
American International Group
New York
$482K -$1.09K -30 -0.3%
WCM
102
Wedge Capital Management
North Carolina
$456K -$47.2K -1,299 -11%
CG
103
Clinton Group
New York
$454K -$62K -1,707 -14%
FA
104
FDx Advisors
Illinois
$381K -$46.4K -1,277 -12%
OCG
105
Opus Capital Group
Ohio
$362K +$309K +8,502 New
UFF
106
USA Financial Formulas
Michigan
$339K +$289K +7,971 New
ONB
107
Old National Bancorp
Indiana
$333K -$65.8K -1,811 -19%
D.E. Shaw & Co
108
D.E. Shaw & Co
New York
$332K -$207K -5,699 -42%
Squarepoint
109
Squarepoint
New York
$319K +$272K +7,500 New
Citadel Advisors
110
Citadel Advisors
Florida
$295K -$132K -3,646 -34%
QI
111
Quotient Investors
New York
$289K
B
112
Barings
North Carolina
$272K +$232K +6,400 New
CIC
113
Cornercap Investment Counsel
Georgia
$258K -$1.63M -44,802 -88%
BWM
114
BerganKDV Wealth Management
Minnesota
$255K +$218K +6,000 New
WI
115
WrapManager Inc
California
$247K +$211K +5,808 New
BlackRock
116
BlackRock
New York
$223K +$10.9K +300 +6%
HSBC Holdings
117
HSBC Holdings
United Kingdom
$217K +$186K +5,119 New
Legal & General Group
118
Legal & General Group
United Kingdom
$204K +$62.6K +1,725 +56%
Victory Capital Management
119
Victory Capital Management
Texas
$193K -$4K -110 -2%
Envestnet Asset Management
120
Envestnet Asset Management
Illinois
$177K +$18.7K +516 +14%
FQ
121
First Quadrant
California
$174K -$321K -8,847 -68%
Canada Life
122
Canada Life
Manitoba, Canada
$142K
H
123
Hexavest
Quebec, Canada
$136K
SEI Investments
124
SEI Investments
Pennsylvania
$127K +$8.32K +229 +8%
EWM
125
Evercore Wealth Management
New York
$85K

FIBK Hedge Fund Activity: Q4 2016 in Review

149 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q4 2016, worth a combined $735M — up 56% from $471M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new FIBK positions and 4 closed out — a net gain of 26 holders — while 48 added to existing stakes and 52 trimmed.

The largest buyer was Glenmede Trust, adding an estimated $20.4M. The largest seller was Heartland Advisors, cutting an estimated $6.29M.

  • 149 institutional investors held First Interstate BancSystem (FIBK) as of Q4 2016, up from 125 in Q3 2016.
  • Funds reported $735M of First Interstate BancSystem stock for Q4 2016, up 56% quarter-over-quarter.
  • 30 funds opened new First Interstate BancSystem positions in Q4 2016 and 4 closed out, a net change of +26 holders.
  • The largest First Interstate BancSystem buyer in Q4 2016 was Glenmede Trust, an estimated $20.4M added.
  • The largest First Interstate BancSystem seller in Q4 2016 was Heartland Advisors, an estimated $6.29M sold.

Based on aggregated 13F filings for Q4 2016.