First Interstate BancSystem
FIBK
147 hedge funds and large institutions have $694M invested in First Interstate BancSystem in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 59 increasing their positions, 53 reducing their positions, and 17 closing their positions.
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
11% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 53
0.04% more ownership
Funds ownership: 80.5% → 80.54% (+0.04%)
1% less funds holding
Funds holding: 149 → 147 (-2)
5% less capital invested
Capital invested by funds: $735M → $694M (-$40.3M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
36% less call options, than puts
Call options by funds: $87K | Put options by funds: $135K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$56.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$23.1M |
| 3 |
State Street
Boston,
Massachusetts
|
+$12.7M |
| 4 |
BG
Bahl & Gaynor
Cincinnati,
Ohio
|
+$6.1M |
| 5 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$5.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$14.7M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$11.5M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$7.01M |
| 4 |
Renaissance Technologies
New York
|
-$4.3M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$4.04M |
FIBK Hedge Fund Activity: Q1 2017 in Review
147 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q1 2017, worth a combined $694M — down 5.5% from $735M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FIBK positions and 17 closed out — a net gain of 4 holders — while 59 added to existing stakes and 53 trimmed.
The largest buyer was BlackRock, adding an estimated $56.2M. The largest seller was Prudential Financial, cutting an estimated $14.7M.
- 147 institutional investors held First Interstate BancSystem (FIBK) as of Q1 2017, down from 149 in Q4 2016.
- Funds reported $694M of First Interstate BancSystem stock for Q1 2017, down 5.5% quarter-over-quarter.
- 21 funds opened new First Interstate BancSystem positions in Q1 2017 and 17 closed out, a net change of +4 holders.
- The largest First Interstate BancSystem buyer in Q1 2017 was BlackRock, an estimated $56.2M added.
- The largest First Interstate BancSystem seller in Q1 2017 was Prudential Financial, an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2017.