First Interstate BancSystem
FIBK
222 hedge funds and large institutions have $2.48B invested in First Interstate BancSystem in 2023 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 101 increasing their positions, 66 reducing their positions, and 51 closing their positions.
125% more call options, than puts
Call options by funds: $523K | Put options by funds: $232K
53% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 66
2.38% more ownership
Funds ownership: 77.13% → 79.51% (+2.4%)
13% less funds holding
Funds holding: 254 → 222 (-32)
18% less capital invested
Capital invested by funds: $3.01B → $2.48B (-$529M)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
51% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$42.3M |
| 2 |
JP Morgan Chase
New York
|
+$40.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$35.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$30.5M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$23.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
-$40M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$30M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$23M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$16.5M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$13.3M |
FIBK Hedge Fund Activity: Q1 2023 in Review
222 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q1 2023, worth a combined $2.48B — down 18% from $3.01B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of FIBK and 25 opened new positions — a net loss of 26 holders — while 66 trimmed existing stakes and 101 added.
The largest buyer was Fidelity Investments, adding an estimated $42.3M. The largest seller was Westfield Capital Management, exiting entirely with an estimated $40M sold.
- 222 institutional investors held First Interstate BancSystem (FIBK) as of Q1 2023, down from 254 in Q4 2022.
- Funds reported $2.48B of First Interstate BancSystem stock for Q1 2023, down 18% quarter-over-quarter.
- 25 funds opened new First Interstate BancSystem positions in Q1 2023 and 51 closed out, a net change of -26 holders.
- The largest First Interstate BancSystem buyer in Q1 2023 was Fidelity Investments, an estimated $42.3M added.
- The largest First Interstate BancSystem seller in Q1 2023 was Westfield Capital Management, an estimated $40M sold.
Based on aggregated 13F filings for Q1 2023.