First Interstate BancSystem
FIBK
116 hedge funds and large institutions have $435M invested in First Interstate BancSystem in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 42 increasing their positions, 41 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
16% more capital invested
Capital invested by funds: $374M → $435M (+$61.1M)
2% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 41
1% less funds holding
Funds holding: 117 → 116 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
+$31.1M |
| 2 |
JP Morgan Chase
New York
|
+$7.87M |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
+$5.39M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$4.51M |
| 5 |
State Street
Boston,
Massachusetts
|
+$3.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.44M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$4.11M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$4M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$2.79M |
| 5 |
PCM
Piermont Capital Management
St. Louis,
Missouri
|
-$2.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
BNP Paribas Financial Markets
Paris,
France
| – | -$29.3K | -1,104 | Closed |
|
127
Ameriprise
Minneapolis,
Minnesota
| – | -$20K | -781 | Closed |
|
|
WA
128
WFG Advisors
Dallas,
Texas
| – | +$111 | +4 | New |
|
FIBK Hedge Fund Activity: Q4 2014 in Review
116 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q4 2014, worth a combined $435M — up 16% from $374M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FIBK positions and 12 closed out — a net gain of 2 holders — while 42 added to existing stakes and 41 trimmed.
The largest buyer was EARNEST Partners, opening a new position worth an estimated $31.1M. The largest seller was Millennium Management, cutting an estimated $4.44M.
- 116 institutional investors held First Interstate BancSystem (FIBK) as of Q4 2014, down from 117 in Q3 2014.
- Funds reported $435M of First Interstate BancSystem stock for Q4 2014, up 16% quarter-over-quarter.
- 14 funds opened new First Interstate BancSystem positions in Q4 2014 and 12 closed out, a net change of +2 holders.
- The largest First Interstate BancSystem buyer in Q4 2014 was EARNEST Partners, an estimated $31.1M added.
- The largest First Interstate BancSystem seller in Q4 2014 was Millennium Management, an estimated $4.44M sold.
Based on aggregated 13F filings for Q4 2014.