First Interstate BancSystem
FIBK
161 hedge funds and large institutions have $945M invested in First Interstate BancSystem in 2017 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 74 increasing their positions, 38 reducing their positions, and 23 closing their positions.
95% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 38
61% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 23
36% more capital invested
Capital invested by funds: $694M → $945M (+$250M)
10% more funds holding
Funds holding: 147 → 161 (+14)
4.33% less ownership
Funds ownership: 80.54% → 76.2% (-4.3%)
41% less call options, than puts
Call options by funds: $86K | Put options by funds: $145K
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$32.2M |
| 2 |
Millennium Management
New York
|
+$26.5M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$24.2M |
| 4 |
Bank of New York Mellon
New York
|
+$23.3M |
| 5 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$21.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$3.95M |
| 2 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
-$3.95M |
| 3 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$3.42M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.99M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$2.12M |
FIBK Hedge Fund Activity: Q2 2017 in Review
161 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q2 2017, worth a combined $945M — up 36% from $694M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new FIBK positions and 23 closed out — a net gain of 14 holders — while 74 added to existing stakes and 38 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $32.2M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $3.95M sold.
- 161 institutional investors held First Interstate BancSystem (FIBK) as of Q2 2017, up from 147 in Q1 2017.
- Funds reported $945M of First Interstate BancSystem stock for Q2 2017, up 36% quarter-over-quarter.
- 37 funds opened new First Interstate BancSystem positions in Q2 2017 and 23 closed out, a net change of +14 holders.
- The largest First Interstate BancSystem buyer in Q2 2017 was JP Morgan Chase, an estimated $32.2M added.
- The largest First Interstate BancSystem seller in Q2 2017 was Lord, Abbett & Co, an estimated $3.95M sold.
Based on aggregated 13F filings for Q2 2017.