First Interstate BancSystem
FIBK
123 hedge funds and large institutions have $376M invested in First Interstate BancSystem in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 57 increasing their positions, 38 reducing their positions, and 5 closing their positions.
651% more call options, than puts
Call options by funds: $323K | Put options by funds: $43K
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
50% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 38
25% more capital invested
Capital invested by funds: $300M → $376M (+$76.2M)
6% more funds holding
Funds holding: 116 → 123 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$6.11M |
| 2 |
Barclays
London,
United Kingdom
|
+$3.58M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
+$2.93M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.71M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$6.81M |
| 2 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$3.24M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$1.01M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$667K |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
-$510K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Jane Street
New York
| – | -$265K | -10,987 | Closed |
|
|
TRCT
127
Tower Research Capital (TRC)
New York
| – | -$35K | -1,468 | Closed |
|
|
CCMH
128
Cornerstone Capital Management Holdings
New York
| – | -$34K | -1,405 | Closed |
|
FIBK Hedge Fund Activity: Q4 2013 in Review
123 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q4 2013, worth a combined $376M — up 25% from $300M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FIBK positions and 5 closed out — a net gain of 7 holders — while 57 added to existing stakes and 38 trimmed.
The largest buyer was AJO LP, adding an estimated $6.11M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $6.81M.
- 123 institutional investors held First Interstate BancSystem (FIBK) as of Q4 2013, up from 116 in Q3 2013.
- Funds reported $376M of First Interstate BancSystem stock for Q4 2013, up 25% quarter-over-quarter.
- 12 funds opened new First Interstate BancSystem positions in Q4 2013 and 5 closed out, a net change of +7 holders.
- The largest First Interstate BancSystem buyer in Q4 2013 was AJO LP, an estimated $6.11M added.
- The largest First Interstate BancSystem seller in Q4 2013 was Hotchkis & Wiley Capital Management, an estimated $6.81M sold.
Based on aggregated 13F filings for Q4 2013.