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First Interstate BancSystem

278 hedge funds and large institutions have $3.37B invested in First Interstate BancSystem in 2025 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 95 increasing their positions, 75 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

168% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 25

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

27% more repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 75

21% more capital invested

Capital invested by funds: $2.79B → $3.37B (+$577M)

17% more funds holding

Funds holding: 238278 (+40)

11.07% more ownership

Funds ownership: 83.61%94.68% (+11%)

Holders
278
Holders Change
+40
Holders Change %
+16.81%
% of All Funds
3.38%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.05%
New
67
Increased
95
Reduced
75
Closed
25
Calls
$557K
Puts
Net Calls
+$557K
Net Calls Change
+$5.75M
Name Holding Trade Value Shares
Change
Change in
Stake
LSERS
101
Louisiana State Employees Retirement System
Louisiana
$1.42M +$1.34M +41,000 New
KIM
102
Kestra Investment Management
Texas
$1.34M -$9.91K -303 -0.8%
Janus Henderson Group
103
Janus Henderson Group
United Kingdom
$1.29M
Comerica Bank
104
Comerica Bank
Texas
$1.27M +$640K +19,548 +114%
IIM
105
INTECH Investment Management
Florida
$1.21M
Carson Wealth (CWM LLC)
106
Carson Wealth (CWM LLC)
Nebraska
$1.18M +$6.61K +202 +0.6%
ETC
107
Exchange Traded Concepts
Oklahoma
$1.1M +$148K +4,536 +17%
TBC
108
Tweedy, Browne Co
Connecticut
$1.1M +$148K +4,536 +17%
Zurich Cantonal Bank
109
Zurich Cantonal Bank
Switzerland
$1.02M +$195K +5,961 +25%
AT
110
American Trust
Kentucky
$989K
DADC
111
D.A. Davidson & Co
Montana
$975K -$112K -3,410 -11%
New York State Common Retirement Fund
112
New York State Common Retirement Fund
New York
$964K
Envestnet Asset Management
113
Envestnet Asset Management
Illinois
$953K -$52.3K -1,600 -5%
AWG
114
Altus Wealth Group
Colorado
$943K +$24.4K +745 +3%
AB
115
Amalgamated Bank
New York
$900K +$762K +23,295 +856%
YCM
116
Yousif Capital Management
Michigan
$866K +$784K +23,977 New
ASRS
117
Arizona State Retirement System
Arizona
$856K -$53.3K -1,628 -6%
Royal Bank of Canada
118
Royal Bank of Canada
Ontario, Canada
$839K -$274K -8,360 -26%
ECM
119
Evergreen Capital Management
Washington
$833K +$85.8K +2,621 +12%
PFSRSONJ
120
Police & Firemen's Retirement System of New Jersey
New Jersey
$821K -$21.8K -667 -3%
State Board of Administration of Florida Retirement System
121
State Board of Administration of Florida Retirement System
Florida
$817K
Handelsbanken Fonder
122
Handelsbanken Fonder
Sweden
$801K
CWM
123
Capstone Wealth Management
Montana
$776K +$728K +22,245 New
COPPSERS
124
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$767K +$725K +22,161 New
WAM
125
Weiss Asset Management
Massachusetts
$756K +$715K +21,846 New

FIBK Hedge Fund Activity: Q4 2025 in Review

278 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q4 2025, worth a combined $3.37B — up 21% from $2.79B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new FIBK positions and 25 closed out — a net gain of 42 holders — while 95 added to existing stakes and 75 trimmed.

The largest buyer was BlackRock, adding an estimated $203M. The largest seller was Macquarie Group, exiting entirely with an estimated $69.5M sold.

  • 278 institutional investors held First Interstate BancSystem (FIBK) as of Q4 2025, up from 238 in Q3 2025.
  • Funds reported $3.37B of First Interstate BancSystem stock for Q4 2025, up 21% quarter-over-quarter.
  • 67 funds opened new First Interstate BancSystem positions in Q4 2025 and 25 closed out, a net change of +42 holders.
  • The largest First Interstate BancSystem buyer in Q4 2025 was BlackRock, an estimated $203M added.
  • The largest First Interstate BancSystem seller in Q4 2025 was Macquarie Group, an estimated $69.5M sold.

Based on aggregated 13F filings for Q4 2025.