First Interstate BancSystem
FIBK
149 hedge funds and large institutions have $735M invested in First Interstate BancSystem in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 48 increasing their positions, 52 reducing their positions, and 4 closing their positions.
650% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 4
80.5% more ownership
Funds ownership: 0% → 80.5% (+80%)
56% more capital invested
Capital invested by funds: $471M → $735M (+$264M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
19% more funds holding
Funds holding: 125 → 149 (+24)
8% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 52
Top Buyers
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$20.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.9M |
| 3 |
JP Morgan Chase
New York
|
+$8.18M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$7.51M |
| 5 |
Millennium Management
New York
|
+$4.7M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DC
151
Deere & Company
Moline,
Illinois
| – | -$254K | -8,058 | Closed |
|
152
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$10K | -330 | Closed |
|
FIBK Hedge Fund Activity: Q4 2016 in Review
149 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q4 2016, worth a combined $735M — up 56% from $471M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FIBK positions and 4 closed out — a net gain of 26 holders — while 48 added to existing stakes and 52 trimmed.
The largest buyer was Glenmede Trust, adding an estimated $20.4M. The largest seller was Heartland Advisors, cutting an estimated $6.29M.
- 149 institutional investors held First Interstate BancSystem (FIBK) as of Q4 2016, up from 125 in Q3 2016.
- Funds reported $735M of First Interstate BancSystem stock for Q4 2016, up 56% quarter-over-quarter.
- 30 funds opened new First Interstate BancSystem positions in Q4 2016 and 4 closed out, a net change of +26 holders.
- The largest First Interstate BancSystem buyer in Q4 2016 was Glenmede Trust, an estimated $20.4M added.
- The largest First Interstate BancSystem seller in Q4 2016 was Heartland Advisors, an estimated $6.29M sold.
Based on aggregated 13F filings for Q4 2016.