First Interstate BancSystem
FIBK
167 hedge funds and large institutions have $1.32B invested in First Interstate BancSystem in 2018 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 62 increasing their positions, 42 reducing their positions, and 17 closing their positions.
76% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 17
48% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 42
13% more capital invested
Capital invested by funds: $1.17B → $1.32B (+$150M)
8% more funds holding
Funds holding: 154 → 167 (+13)
5.83% less ownership
Funds ownership: 83.34% → 77.51% (-5.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$35.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.6M |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$11.4M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$20.6M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$10.2M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$7.76M |
| 4 |
Renaissance Technologies
New York
|
-$5.74M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$5.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Envestnet Asset Management
Chicago,
Illinois
| – | -$211K | -4,991 | Closed |
|
|
MA
177
MUFG Americas
New York
| – | -$36K | -860 | Closed |
|
|
QT
178
Quantbot Technologies
New York
| – | -$30K | -732 | Closed |
|
|
PIA
179
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$24K | -571 | Closed |
|
180
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$9K | -224 | Closed |
|
181
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -24 | Closed |
|
FIBK Hedge Fund Activity: Q3 2018 in Review
167 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q3 2018, worth a combined $1.32B — up 13% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FIBK positions and 17 closed out — a net gain of 13 holders — while 62 added to existing stakes and 42 trimmed.
The largest buyer was ClearBridge Investments, adding an estimated $35.3M. The largest seller was Millennium Management, cutting an estimated $20.6M.
- 167 institutional investors held First Interstate BancSystem (FIBK) as of Q3 2018, up from 154 in Q2 2018.
- Funds reported $1.32B of First Interstate BancSystem stock for Q3 2018, up 13% quarter-over-quarter.
- 30 funds opened new First Interstate BancSystem positions in Q3 2018 and 17 closed out, a net change of +13 holders.
- The largest First Interstate BancSystem buyer in Q3 2018 was ClearBridge Investments, an estimated $35.3M added.
- The largest First Interstate BancSystem seller in Q3 2018 was Millennium Management, an estimated $20.6M sold.
Based on aggregated 13F filings for Q3 2018.