First Interstate BancSystem
FIBK
116 hedge funds and large institutions have $300M invested in First Interstate BancSystem in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 50 increasing their positions, 38 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
32% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 38
28% more capital inflows, than outflows
Capital inflows: $62.3M | Capital outflows: $48.9M
4% more funds holding
Funds holding: 112 → 116 (+4)
2.4% more ownership
Funds ownership: 55.47% → 57.87% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$16.2M |
| 2 |
AJO LP
Philadelphia,
Pennsylvania
|
+$8.41M |
| 3 |
JP Morgan Chase
New York
|
+$4.1M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.09M |
| 5 |
Bank of New York Mellon
New York
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Heartland Advisors
Milwaukee,
Wisconsin
|
-$15.9M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$9.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.28M |
| 4 |
T
Tahithromos
New York
|
-$1.93M |
| 5 |
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.88M |
FIBK Hedge Fund Activity: Q3 2013 in Review
116 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q3 2013, worth a combined $300M — up 22% from $247M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FIBK positions and 7 closed out — a net gain of 5 holders — while 50 added to existing stakes and 38 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $16.2M. The largest seller was Heartland Advisors, cutting an estimated $15.9M.
- 116 institutional investors held First Interstate BancSystem (FIBK) as of Q3 2013, up from 112 in Q2 2013.
- Funds reported $300M of First Interstate BancSystem stock for Q3 2013, up 22% quarter-over-quarter.
- 12 funds opened new First Interstate BancSystem positions in Q3 2013 and 7 closed out, a net change of +5 holders.
- The largest First Interstate BancSystem buyer in Q3 2013 was Allianz Asset Management, an estimated $16.2M added.
- The largest First Interstate BancSystem seller in Q3 2013 was Heartland Advisors, an estimated $15.9M sold.
Based on aggregated 13F filings for Q3 2013.