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First Interstate BancSystem

123 hedge funds and large institutions have $376M invested in First Interstate BancSystem in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 57 increasing their positions, 38 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

651% more call options, than puts

Call options by funds: $323K | Put options by funds: $43K

140% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 5

50% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 38

25% more capital invested

Capital invested by funds: $300M → $376M (+$76.2M)

6% more funds holding

Funds holding: 116123 (+7)

Holders
123
Holders Change
+7
Holders Change %
+6.03%
% of All Funds
3.57%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
57
Reduced
38
Closed
5
Calls
$323K
Puts
$43K
Net Calls
+$280K
Net Calls Change
+$280K
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$26.5M +$899K +34,668 +4%
Allianz Asset Management
2
Allianz Asset Management
Germany
$20.7M +$557K +21,480 +3%
American Century Companies
3
American Century Companies
Missouri
$19.1M -$346K -13,334 -2%
AL
4
AJO LP
Pennsylvania
$16.9M +$6.11M +235,700 +66%
Vanguard Group
5
Vanguard Group
Pennsylvania
$15.9M +$1.69M +65,113 +13%
CLM
6
ClearBridge LLC (Maryland)
Maryland
$15.4M -$3.24M -124,800 -19%
JP Morgan Chase
7
JP Morgan Chase
New York
$15M +$93.8K +3,617 +0.7%
HA
8
Heartland Advisors
Wisconsin
$13.5M +$297K +11,467 +2%
BFA
9
BlackRock Fund Advisors
California
$12.5M -$491K -18,923 -4%
NI
10
Numeric Investors
Massachusetts
$9.13M -$101K -3,900 -1%
State Street
11
State Street
Massachusetts
$8.66M +$219K +8,429 +3%
BCM
12
Bridgeway Capital Management
Texas
$8.15M
Northern Trust
13
Northern Trust
Illinois
$8.12M +$342K +13,176 +5%
Principal Financial Group
14
Principal Financial Group
Iowa
$7.81M +$268K +10,324 +4%
OAMG
15
Odey Asset Management Group
United Kingdom
$7.28M
Bank of New York Mellon
16
Bank of New York Mellon
New York
$7.17M +$267K +10,308 +4%
BCM
17
Becker Capital Management
Oregon
$7.16M -$176K -6,770 -3%
Acadian Asset Management
18
Acadian Asset Management
Massachusetts
$7.01M +$572K +22,054 +10%
BIT
19
BlackRock Institutional Trust
California
$6.04M -$319K -12,301 -5%
AQR Capital Management
20
AQR Capital Management
Connecticut
$5.61M +$1.71M +65,944 +50%
Goldman Sachs
21
Goldman Sachs
New York
$5.47M -$497K -19,166 -9%
Massachusetts Financial Services
22
Massachusetts Financial Services
Massachusetts
$5.45M -$18.9K -730 -0.4%
RFC
23
Russell Frank Company
Washington
$5.4M +$1.1M +42,273 +25%
Renaissance Technologies
24
Renaissance Technologies
New York
$5.32M +$1.41M +54,300 +41%
Prudential Financial
25
Prudential Financial
New Jersey
$5.05M +$560K +21,600 +14%

FIBK Hedge Fund Activity: Q4 2013 in Review

123 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q4 2013, worth a combined $376M — up 25% from $300M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new FIBK positions and 5 closed out — a net gain of 7 holders — while 57 added to existing stakes and 38 trimmed.

The largest buyer was AJO LP, adding an estimated $6.11M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $6.81M.

  • 123 institutional investors held First Interstate BancSystem (FIBK) as of Q4 2013, up from 116 in Q3 2013.
  • Funds reported $376M of First Interstate BancSystem stock for Q4 2013, up 25% quarter-over-quarter.
  • 12 funds opened new First Interstate BancSystem positions in Q4 2013 and 5 closed out, a net change of +7 holders.
  • The largest First Interstate BancSystem buyer in Q4 2013 was AJO LP, an estimated $6.11M added.
  • The largest First Interstate BancSystem seller in Q4 2013 was Hotchkis & Wiley Capital Management, an estimated $6.81M sold.

Based on aggregated 13F filings for Q4 2013.