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First Interstate BancSystem

116 hedge funds and large institutions have $435M invested in First Interstate BancSystem in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 42 increasing their positions, 41 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

17% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 12

16% more capital invested

Capital invested by funds: $374M → $435M (+$61.1M)

2% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 41

1% less funds holding

Funds holding: 117116 (-1)

Holders
116
Holders Change
-1
Holders Change %
-0.85%
% of All Funds
3.09%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
14
Increased
42
Reduced
41
Closed
12
Calls
$148K
Puts
Net Calls
+$148K
Net Calls Change
+$95K
Name Holding Trade Value Shares
Change
Change in
Stake
EARNEST Partners
1
EARNEST Partners
Georgia
$31.1M +$31.1M +1,116,837 New
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$30.8M +$1.7M +61,209 +6%
Allianz Asset Management
3
Allianz Asset Management
Germany
$28.7M +$110K +3,945 +0.4%
PIM
4
Perkins Investment Management
Illinois
$26.7M +$4.51M +161,740 +20%
State Street
5
State Street
Massachusetts
$24M +$3.53M +126,582 +17%
JP Morgan Chase
6
JP Morgan Chase
New York
$21.7M +$7.87M +282,519 +57%
Vanguard Group
7
Vanguard Group
Pennsylvania
$16.8M -$1.22M -43,905 -7%
HA
8
Heartland Advisors
Wisconsin
$15M -$673K -24,163 -4%
American Century Companies
9
American Century Companies
Missouri
$13.5M -$4.11M -147,544 -23%
BFA
10
BlackRock Fund Advisors
California
$13.2M +$1.9M +68,096 +17%
LSV Asset Management
11
LSV Asset Management
Illinois
$11.8M
CLM
12
ClearBridge LLC (Maryland)
Maryland
$10.7M -$1.32M -47,240 -11%
AQR Capital Management
13
AQR Capital Management
Connecticut
$10.1M +$1.08M +38,614 +12%
Renaissance Technologies
14
Renaissance Technologies
New York
$8.22M -$431K -15,477 -5%
HAM
15
Hillcrest Asset Management
Texas
$8M +$68.2K +2,449 +0.9%
BCM
16
Bridgeway Capital Management
Texas
$7.98M
RCAMU
17
Rothschild & Co Asset Management US
Connecticut
$7.06M +$3.45M +123,980 +96%
BIT
18
BlackRock Institutional Trust
California
$6.95M -$72.7K -2,611 -1%
Northern Trust
19
Northern Trust
Illinois
$6.71M +$17.6K +633 +0.3%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$5.65M -$182K -6,544 -3%
Massachusetts Financial Services
21
Massachusetts Financial Services
Massachusetts
$5.6M -$504K -18,109 -8%
BCM
22
Becker Capital Management
Oregon
$5.57M -$1.54M -55,190 -22%
New York State Common Retirement Fund
23
New York State Common Retirement Fund
New York
$5.38M +$5.39M +193,515 New
RCYC
24
Richard C. Young & Co
Rhode Island
$5.18M +$189K +6,795 +4%
EPCA
25
Elizabeth Park Capital Advisors
Ohio
$5.07M +$69.6K +2,500 +1%

FIBK Hedge Fund Activity: Q4 2014 in Review

116 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q4 2014, worth a combined $435M — up 16% from $374M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FIBK positions and 12 closed out — a net gain of 2 holders — while 42 added to existing stakes and 41 trimmed.

The largest buyer was EARNEST Partners, opening a new position worth an estimated $31.1M. The largest seller was Millennium Management, cutting an estimated $4.44M.

  • 116 institutional investors held First Interstate BancSystem (FIBK) as of Q4 2014, down from 117 in Q3 2014.
  • Funds reported $435M of First Interstate BancSystem stock for Q4 2014, up 16% quarter-over-quarter.
  • 14 funds opened new First Interstate BancSystem positions in Q4 2014 and 12 closed out, a net change of +2 holders.
  • The largest First Interstate BancSystem buyer in Q4 2014 was EARNEST Partners, an estimated $31.1M added.
  • The largest First Interstate BancSystem seller in Q4 2014 was Millennium Management, an estimated $4.44M sold.

Based on aggregated 13F filings for Q4 2014.