First Interstate BancSystem
FIBK
167 hedge funds and large institutions have $939M invested in First Interstate BancSystem in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 70 increasing their positions, 54 reducing their positions, and 23 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 54
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
1.4% less ownership
Funds ownership: 76.48% → 75.08% (-1.4%)
3% less funds holding
Funds holding: 173 → 167 (-6)
32% less capital invested
Capital invested by funds: $1.38B → $939M (-$440M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$16.7M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
+$6.72M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.14M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.51M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$4.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.7M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$10.1M |
| 3 |
CCMW
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
|
-$7.03M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$3.5M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$3.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AB
176
Amalgamated Bank
New York
| – | -$253K | -6,043 | Closed |
|
177
Jane Street
New York
| – | -$238K | -5,668 | Closed |
|
|
FAIM
178
Financial Advocates Investment Management
Olympia,
Washington
| – | -$219K | -5,219 | Closed |
|
|
PRS
179
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
| – | -$216K | -5,159 | Closed |
|
180
ProShare Advisors
Bethesda,
Maryland
| – | -$215K | -5,132 | Closed |
|
|
JG
181
Jefferies Group
New York
| – | -$210K | -5,017 | Closed |
|
|
BEAM
182
Baker Ellis Asset Management
Vancouver,
Washington
| – | -$113K | -2,706 | Closed |
|
|
OAM
183
Oppenheimer Asset Management
New York
| – | -$7K | -173 | Closed |
|
|
OSAM
184
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$4K | -99 | Closed |
|
|
QT
185
Quantbot Technologies
New York
| – | -$3K | -86 | Closed |
|
|
S
186
SignatureFD
Atlanta,
Georgia
| – | -$2K | -59 | Closed |
|
|
OPS
187
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$2K | -37 | Closed |
|
|
SF
188
Synovus Financial
Columbus,
Georgia
| – | +$323 | +9 | New |
|
|
AT
189
Arden Trust
Wilmington,
Delaware
| – | +$538 | +15 | New |
|
FIBK Hedge Fund Activity: Q1 2020 in Review
167 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q1 2020, worth a combined $939M — down 32% from $1.38B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of FIBK and 21 opened new positions — a net loss of 2 holders — while 54 trimmed existing stakes and 70 added.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $16.7M. The largest seller was Fidelity Investments, cutting an estimated $24.7M.
- 167 institutional investors held First Interstate BancSystem (FIBK) as of Q1 2020, down from 173 in Q4 2019.
- Funds reported $939M of First Interstate BancSystem stock for Q1 2020, down 32% quarter-over-quarter.
- 21 funds opened new First Interstate BancSystem positions in Q1 2020 and 23 closed out, a net change of -2 holders.
- The largest First Interstate BancSystem buyer in Q1 2020 was Thrivent Financial for Lutherans, an estimated $16.7M added.
- The largest First Interstate BancSystem seller in Q1 2020 was Fidelity Investments, an estimated $24.7M sold.
Based on aggregated 13F filings for Q1 2020.