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
Top Sellers
| 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 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QBFM
126
QS Batterymarch Financial Management
New York
| – | -$356K | -13,070 | Closed |
|
127
Tudor Investment Corp
Stamford,
Connecticut
| – | -$318K | -11,687 | Closed |
|
128
Axa
Paris,
France
| – | -$290K | -10,680 | Closed |
|
129
ProShare Advisors
Bethesda,
Maryland
| – | -$237K | -8,715 | Closed |
|
130
SG Americas Securities
New York
| – | -$182K | -6,690 | Closed |
|
|
VFA
131
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$42K | -1,544 | Closed |
|
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.