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First Interstate BancSystem

125 hedge funds and large institutions have $422M invested in First Interstate BancSystem in 2015 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 37 increasing their positions, 53 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 8

8% more funds holding

Funds holding: 116125 (+9)

3% less capital invested

Capital invested by funds: $435M → $422M (-$12.3M)

30% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 53

74% less call options, than puts

Call options by funds: $64K | Put options by funds: $248K

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
125
Holders Change
+9
Holders Change %
+7.76%
% of All Funds
3.33%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
18
Increased
37
Reduced
53
Closed
8
Calls
$64K
Puts
$248K
Net Calls
-$184K
Net Calls Change
-$332K
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$33.9M +$2.87M +109,780 +10%
EARNEST Partners
2
EARNEST Partners
Georgia
$27.9M -$2.94M -112,551 -10%
PIM
3
Perkins Investment Management
Illinois
$26.6M -$88.1K -3,372 -0.4%
Allianz Asset Management
4
Allianz Asset Management
Germany
$23.7M -$4.7M -179,816 -17%
JP Morgan Chase
5
JP Morgan Chase
New York
$23M +$1.19M +45,517 +6%
State Street
6
State Street
Massachusetts
$22.2M -$1.61M -61,668 -7%
Vanguard Group
7
Vanguard Group
Pennsylvania
$17.9M +$1.1M +42,259 +7%
Prudential Financial
8
Prudential Financial
New Jersey
$14.4M +$9.56M +366,016 +241%
BFA
9
BlackRock Fund Advisors
California
$13.2M +$59.1K +2,263 +0.5%
LSV Asset Management
10
LSV Asset Management
Illinois
$11.9M +$86.2K +3,300 +0.8%
CLM
11
ClearBridge LLC (Maryland)
Maryland
$10.7M +$6.27K +240 +0.1%
HA
12
Heartland Advisors
Wisconsin
$9.91M -$4.82M -184,591 -34%
AQR Capital Management
13
AQR Capital Management
Connecticut
$9.56M -$491K -18,781 -5%
Renaissance Technologies
14
Renaissance Technologies
New York
$8.27M +$39.2K +1,500 +0.5%
HAM
15
Hillcrest Asset Management
Texas
$8M +$2.33K +89 +0%
RCAMU
16
Rothschild & Co Asset Management US
Connecticut
$7.99M +$877K +33,574 +13%
BIT
17
BlackRock Institutional Trust
California
$7.02M +$64.3K +2,461 +1%
Northern Trust
18
Northern Trust
Illinois
$6.91M +$187K +7,159 +3%
Massachusetts Financial Services
19
Massachusetts Financial Services
Massachusetts
$5.78M +$175K +6,698 +3%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$5.61M -$34.3K -1,313 -0.6%
BCM
21
Becker Capital Management
Oregon
$5.52M -$50.6K -1,936 -1%
UBS Group
22
UBS Group
Switzerland
$5.42M +$363K +13,912 +8%
RCYC
23
Richard C. Young & Co
Rhode Island
$5.33M +$140K +5,351 +3%
BCM
24
Bridgeway Capital Management
Texas
$5.28M -$2.53M -96,900 -34%
New York State Common Retirement Fund
25
New York State Common Retirement Fund
New York
$5.22M -$149K -5,700 -3%

FIBK Hedge Fund Activity: Q1 2015 in Review

125 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q1 2015, worth a combined $422M — down 2.8% from $435M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new FIBK positions and 8 closed out — a net gain of 10 holders — while 37 added to existing stakes and 53 trimmed.

The largest buyer was Prudential Financial, adding an estimated $9.56M. The largest seller was American Century Companies, cutting an estimated $12M.

  • 125 institutional investors held First Interstate BancSystem (FIBK) as of Q1 2015, up from 116 in Q4 2014.
  • Funds reported $422M of First Interstate BancSystem stock for Q1 2015, down 2.8% quarter-over-quarter.
  • 18 funds opened new First Interstate BancSystem positions in Q1 2015 and 8 closed out, a net change of +10 holders.
  • The largest First Interstate BancSystem buyer in Q1 2015 was Prudential Financial, an estimated $9.56M added.
  • The largest First Interstate BancSystem seller in Q1 2015 was American Century Companies, an estimated $12M sold.

Based on aggregated 13F filings for Q1 2015.