First Interstate BancSystem
FIBK
125 hedge funds and large institutions have $380M invested in First Interstate BancSystem in 2014 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 48 increasing their positions, 51 reducing their positions, and 15 closing their positions.
3% less capital invested
Capital invested by funds: $390M → $380M (-$10.2M)
6% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 51
2% less funds holding
Funds holding: 128 → 125 (-3)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$5.28M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$5.09M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$4.54M |
| 4 |
State Street
Boston,
Massachusetts
|
+$4.16M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$2.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$8.49M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.65M |
| 3 |
Barclays
London,
United Kingdom
|
-$2.62M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$2.47M |
| 5 |
Renaissance Technologies
New York
|
-$1.89M |
FIBK Hedge Fund Activity: Q2 2014 in Review
125 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q2 2014, worth a combined $380M — down 2.6% from $390M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FIBK and 12 opened new positions — a net loss of 3 holders — while 51 trimmed existing stakes and 48 added.
The largest buyer was Allianz Asset Management, adding an estimated $5.28M. The largest seller was AJO LP, cutting an estimated $8.49M.
- 125 institutional investors held First Interstate BancSystem (FIBK) as of Q2 2014, down from 128 in Q1 2014.
- Funds reported $380M of First Interstate BancSystem stock for Q2 2014, down 2.6% quarter-over-quarter.
- 12 funds opened new First Interstate BancSystem positions in Q2 2014 and 15 closed out, a net change of -3 holders.
- The largest First Interstate BancSystem buyer in Q2 2014 was Allianz Asset Management, an estimated $5.28M added.
- The largest First Interstate BancSystem seller in Q2 2014 was AJO LP, an estimated $8.49M sold.
Based on aggregated 13F filings for Q2 2014.