First Interstate BancSystem
FIBK
118 hedge funds and large institutions have $443M invested in First Interstate BancSystem in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 52 increasing their positions, 37 reducing their positions, and 10 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 37
6% more capital invested
Capital invested by funds: $418M → $443M (+$25.1M)
3% less funds holding
Funds holding: 122 → 118 (-4)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$27.2M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.93M |
| 3 |
JP Morgan Chase
New York
|
+$2.17M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$2.11M |
| 5 |
Bank of New York Mellon
New York
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$7.61M |
| 2 |
BCM
Becker Capital Management
Portland,
Oregon
|
-$4.97M |
| 3 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$1.76M |
| 4 |
Millennium Management
New York
|
-$1.21M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$1.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCMH
126
Cornerstone Capital Management Holdings
New York
| – | -$65K | -2,300 | Closed |
|
127
Barclays
London,
United Kingdom
| – | -$12K | -414 | Closed |
|
FIBK Hedge Fund Activity: Q2 2016 in Review
118 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q2 2016, worth a combined $443M — up 6% from $418M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FIBK and 7 opened new positions — a net loss of 3 holders — while 37 trimmed existing stakes and 52 added.
The largest buyer was Macquarie Group, adding an estimated $27.2M. The largest seller was Hood River Capital Management, exiting entirely with an estimated $7.61M sold.
- 118 institutional investors held First Interstate BancSystem (FIBK) as of Q2 2016, down from 122 in Q1 2016.
- Funds reported $443M of First Interstate BancSystem stock for Q2 2016, up 6% quarter-over-quarter.
- 7 funds opened new First Interstate BancSystem positions in Q2 2016 and 10 closed out, a net change of -3 holders.
- The largest First Interstate BancSystem buyer in Q2 2016 was Macquarie Group, an estimated $27.2M added.
- The largest First Interstate BancSystem seller in Q2 2016 was Hood River Capital Management, an estimated $7.61M sold.
Based on aggregated 13F filings for Q2 2016.