First Interstate BancSystem
FIBK
122 hedge funds and large institutions have $418M invested in First Interstate BancSystem in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 52 increasing their positions, 40 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
30% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 40
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
3% more funds holding
Funds holding: 119 → 122 (+3)
3% less capital invested
Capital invested by funds: $429M → $418M (-$11.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$5.82M |
| 2 |
Renaissance Technologies
New York
|
+$2.97M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.74M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.25M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$9.2M |
| 2 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$8.43M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$8.15M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$2.08M |
| 5 |
JP Morgan Chase
New York
|
-$1.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$624K | -21,450 | Closed |
|
|
AA
127
ALPS Advisors
Denver,
Colorado
| – | -$529K | -18,204 | Closed |
|
128
Rafferty Asset Management
New York
| – | -$446K | -15,075 | Closed |
|
|
BCM
129
BlueCrest Capital Management
St Helier,
Jersey
| – | -$390K | -13,408 | Closed |
|
130
Nomura Holdings
Tokyo,
Japan
| – | -$269K | -9,229 | Closed |
|
|
OCG
131
Opus Capital Group
Cincinnati,
Ohio
| – | -$216K | -7,413 | Closed |
|
|
MFS
132
MSI Financial Services
Springfield,
Massachusetts
| – | -$2.38K | -88 | -94% |
|
FIBK Hedge Fund Activity: Q1 2016 in Review
122 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q1 2016, worth a combined $418M — down 2.7% from $429M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FIBK positions and 11 closed out — a net gain of 3 holders — while 52 added to existing stakes and 40 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $5.82M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $9.2M sold.
- 122 institutional investors held First Interstate BancSystem (FIBK) as of Q1 2016, up from 119 in Q4 2015.
- Funds reported $418M of First Interstate BancSystem stock for Q1 2016, down 2.7% quarter-over-quarter.
- 14 funds opened new First Interstate BancSystem positions in Q1 2016 and 11 closed out, a net change of +3 holders.
- The largest First Interstate BancSystem buyer in Q1 2016 was Bank of New York Mellon, an estimated $5.82M added.
- The largest First Interstate BancSystem seller in Q1 2016 was Schroder Investment Management Group, an estimated $9.2M sold.
Based on aggregated 13F filings for Q1 2016.