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First Interstate BancSystem

128 hedge funds and large institutions have $390M invested in First Interstate BancSystem in 2014 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 42 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

323% more call options, than puts

Call options by funds: $296K | Put options by funds: $70K

50% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 12

24% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 42

4% more funds holding

Funds holding: 123128 (+5)

4% more capital invested

Capital invested by funds: $376M → $390M (+$13.9M)

Holders
128
Holders Change
+5
Holders Change %
+4.07%
% of All Funds
3.7%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
18
Increased
52
Reduced
42
Closed
12
Calls
$296K
Puts
$70K
Net Calls
+$226K
Net Calls Change
-$54K
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$26.6M +$250K +9,451 +1%
State Street
2
State Street
Massachusetts
$24.5M +$14.9M +561,844 +184%
Allianz Asset Management
3
Allianz Asset Management
Germany
$20.7M +$75K +2,830 +0.4%
American Century Companies
4
American Century Companies
Missouri
$17M -$1.82M -68,829 -10%
Vanguard Group
5
Vanguard Group
Pennsylvania
$16.5M +$663K +25,030 +4%
JP Morgan Chase
6
JP Morgan Chase
New York
$16.3M +$1.26M +47,729 +9%
HA
7
Heartland Advisors
Wisconsin
$13.4M +$12.7K +478 +0.1%
BFA
8
BlackRock Fund Advisors
California
$12.4M -$80.5K -3,040 -0.7%
CLM
9
ClearBridge LLC (Maryland)
Maryland
$12.2M -$2.93M -110,600 -20%
Renaissance Technologies
10
Renaissance Technologies
New York
$10.8M +$5.2M +196,203 +105%
AL
11
AJO LP
Pennsylvania
$9.87M -$6.49M -245,000 -41%
NI
12
Numeric Investors
Massachusetts
$9.18M +$87.4K +3,300 +1%
Principal Financial Group
13
Principal Financial Group
Iowa
$8.57M +$752K +28,386 +10%
AQR Capital Management
14
AQR Capital Management
Connecticut
$8.3M +$2.55M +96,429 +49%
BCM
15
Bridgeway Capital Management
Texas
$8.09M -$17.2K -650 -0.2%
Northern Trust
16
Northern Trust
Illinois
$7.74M -$309K -11,680 -4%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$7.6M +$440K +16,596 +7%
LSV Asset Management
18
LSV Asset Management
Illinois
$7.19M +$4.16M +156,974 +160%
BCM
19
Becker Capital Management
Oregon
$7.11M -$12.1K -455 -0.2%
Prudential Financial
20
Prudential Financial
New Jersey
$7M +$1.85M +69,900 +39%
BIT
21
BlackRock Institutional Trust
California
$5.9M -$99.5K -3,754 -2%
Massachusetts Financial Services
22
Massachusetts Financial Services
Massachusetts
$5.72M +$282K +10,640 +6%
Goldman Sachs
23
Goldman Sachs
New York
$5.06M -$361K -13,636 -7%
FIB
24
First Interstate Bank
Montana
$4.87M +$651K +24,576 +17%
Morgan Stanley
25
Morgan Stanley
New York
$4.67M -$329K -12,407 -7%

FIBK Hedge Fund Activity: Q1 2014 in Review

128 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q1 2014, worth a combined $390M — up 3.7% from $376M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new FIBK positions and 12 closed out — a net gain of 6 holders — while 52 added to existing stakes and 42 trimmed.

The largest buyer was State Street, adding an estimated $14.9M. The largest seller was Odey Asset Management Group, exiting entirely with an estimated $7.28M sold.

  • 128 institutional investors held First Interstate BancSystem (FIBK) as of Q1 2014, up from 123 in Q4 2013.
  • Funds reported $390M of First Interstate BancSystem stock for Q1 2014, up 3.7% quarter-over-quarter.
  • 18 funds opened new First Interstate BancSystem positions in Q1 2014 and 12 closed out, a net change of +6 holders.
  • The largest First Interstate BancSystem buyer in Q1 2014 was State Street, an estimated $14.9M added.
  • The largest First Interstate BancSystem seller in Q1 2014 was Odey Asset Management Group, an estimated $7.28M sold.

Based on aggregated 13F filings for Q1 2014.