First Interstate BancSystem
FIBK
165 hedge funds and large institutions have $1.04B invested in First Interstate BancSystem in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 48 increasing their positions, 63 reducing their positions, and 21 closing their positions.
38% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 21
8% more capital invested
Capital invested by funds: $964M → $1.04B (+$79.7M)
5% more funds holding
Funds holding: 157 → 165 (+8)
1.34% more ownership
Funds ownership: 76.73% → 78.08% (+1.3%)
24% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
+$13.1M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$10.5M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$9.7M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$9.21M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$8.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWNA
Marshall Wace North America
New York
|
-$8.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.12M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$5.93M |
| 4 |
Renaissance Technologies
New York
|
-$4.23M |
| 5 |
Millennium Management
New York
|
-$3.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
176
Virtu Financial
New York
| – | -$302K | -7,883 | Closed |
|
|
KI
177
Koch Industries
Wichita,
Kansas
| – | -$258K | -6,726 | Closed |
|
|
SSA
178
Schonfeld Strategic Advisors
New York
| – | -$222K | -5,813 | Closed |
|
179
Stifel Financial
St. Louis,
Missouri
| – | -$200K | -5,235 | Closed |
|
180
SG Americas Securities
New York
| – | -$105K | -2,748 | Closed |
|
|
NIT
181
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$27K | -700 | Closed |
|
|
OAM
182
Oppenheimer Asset Management
New York
| – | -$6K | -157 | Closed |
|
|
WT
183
Whittier Trust
South Pasadena,
California
| – | -$4K | -105 | Closed |
|
|
IA
184
IFP Advisors
Tampa,
Florida
| – | -$777 | -20 | Closed |
|
|
SWM
185
SeaCrest Wealth Management
Purchase,
New York
| – | +$350 | +9 | New |
|
FIBK Hedge Fund Activity: Q4 2017 in Review
165 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q4 2017, worth a combined $1.04B — up 8.3% from $964M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FIBK positions and 21 closed out — a net gain of 8 holders — while 48 added to existing stakes and 63 trimmed.
The largest buyer was Teachers Advisors, adding an estimated $13.1M. The largest seller was Marshall Wace North America, cutting an estimated $8.2M.
- 165 institutional investors held First Interstate BancSystem (FIBK) as of Q4 2017, up from 157 in Q3 2017.
- Funds reported $1.04B of First Interstate BancSystem stock for Q4 2017, up 8.3% quarter-over-quarter.
- 29 funds opened new First Interstate BancSystem positions in Q4 2017 and 21 closed out, a net change of +8 holders.
- The largest First Interstate BancSystem buyer in Q4 2017 was Teachers Advisors, an estimated $13.1M added.
- The largest First Interstate BancSystem seller in Q4 2017 was Marshall Wace North America, an estimated $8.2M sold.
Based on aggregated 13F filings for Q4 2017.