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First Interstate BancSystem

207 hedge funds and large institutions have $2.58B invested in First Interstate BancSystem in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 76 increasing their positions, 72 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

4,332% more call options, than puts

Call options by funds: $975K | Put options by funds: $22K

32% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 22

23% more capital invested

Capital invested by funds: $2.1B → $2.58B (+$479M)

2% more funds holding

Funds holding: 202207 (+5)

6% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 72

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.28% less ownership

Funds ownership: 80.1%79.82% (-0.28%)

Holders
207
Holders Change
+5
Holders Change %
+2.48%
% of All Funds
3.02%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
29
Increased
76
Reduced
72
Closed
22
Calls
$975K
Puts
$22K
Net Calls
+$953K
Net Calls Change
+$967K
Name Holding Trade Value Shares
Change
Change in
Stake
PMAM
126
Picton Mahoney Asset Management
Ontario, Canada
$402K +$339K +13,048 New
Osaic Holdings
127
Osaic Holdings
Arizona
$388K -$424K -16,321 -56%
II
128
Inspire Investing
Idaho
$384K +$5.38K +207 +2%
Canada Life
129
Canada Life
Manitoba, Canada
$367K -$470K -18,060 -60%
Squarepoint
130
Squarepoint
New York
$366K -$399K -15,356 -56%
NSEDCP
131
NJ State Employees Deferred Compensation Plan
New Jersey
$363K
LWAM
132
Legacy Wealth Asset Management
Minnesota
$348K -$8.19K -315 -3%
APP
133
Avantax Planning Partners
Iowa
$347K
EC
134
Elequin Capital
New York
$341K +$215K +8,257 +290%
Pictet Asset Management
135
Pictet Asset Management
Switzerland
$328K
NGA
136
Naples Global Advisors
Florida
$323K -$123K -4,725 -31%
Principal Financial Group
137
Principal Financial Group
Iowa
$320K -$47.8K -1,839 -15%
Wealth Enhancement Advisory Services
138
Wealth Enhancement Advisory Services
Minnesota
$318K -$2.37K -91 -0.9%
AIA
139
Allied Investment Advisors
Montana
$314K -$15.4K -594 -5%
Truist Financial
140
Truist Financial
North Carolina
$309K -$119K -4,577 -31%
AA
141
AlphaMark Advisors
Kentucky
$302K +$256K +9,837 New
CFP
142
Curran Financial Partners
South Carolina
$291K
WI
143
WrapManager Inc
California
$287K -$29.5K -1,133 -11%
AT
144
Arden Trust
Delaware
$282K +$239K +9,183 New
JWM
145
JGP Wealth Management
Oregon
$282K
SSA
146
Sierra Summit Advisors
Nevada
$266K +$225K +8,654 New
DFCM
147
Dark Forest Capital Management
Puerto Rico
$266K -$373K -14,326 -62%
AWG
148
Altus Wealth Group
Colorado
$265K +$224K +8,622 New
AIP
149
Ameritas Investment Partners
Nebraska
$263K +$8.95K +344 +4%
AB
150
Amalgamated Bank
New York
$226K -$16.4K -630 -8%

FIBK Hedge Fund Activity: Q4 2023 in Review

207 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q4 2023, worth a combined $2.58B — up 23% from $2.1B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new FIBK positions and 22 closed out — a net gain of 7 holders — while 76 added to existing stakes and 72 trimmed.

The largest buyer was Franklin Resources, adding an estimated $37.7M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $29.3M sold.

  • 207 institutional investors held First Interstate BancSystem (FIBK) as of Q4 2023, up from 202 in Q3 2023.
  • Funds reported $2.58B of First Interstate BancSystem stock for Q4 2023, up 23% quarter-over-quarter.
  • 29 funds opened new First Interstate BancSystem positions in Q4 2023 and 22 closed out, a net change of +7 holders.
  • The largest First Interstate BancSystem buyer in Q4 2023 was Franklin Resources, an estimated $37.7M added.
  • The largest First Interstate BancSystem seller in Q4 2023 was DePrince Race & Zollo Inc (DRZ), an estimated $29.3M sold.

Based on aggregated 13F filings for Q4 2023.