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First Interstate BancSystem

116 hedge funds and large institutions have $430M invested in First Interstate BancSystem in 2015 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 44 increasing their positions, 45 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more capital invested

Capital invested by funds: $422M → $430M (+$7.41M)

2% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 45

7% less funds holding

Funds holding: 125116 (-9)

56% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 16

93% less call options, than puts

Call options by funds: $22K | Put options by funds: $319K

Holders
116
Holders Change
-9
Holders Change %
-7.2%
% of All Funds
3.13%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
7
Increased
44
Reduced
45
Closed
16
Calls
$22K
Puts
$319K
Net Calls
-$297K
Net Calls Change
-$113K
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$35.3M +$1.57M +56,659 +5%
PIM
2
Perkins Investment Management
Illinois
$26.2M -$336K -12,136 -1%
Macquarie Group
3
Macquarie Group
Australia
$25.3M +$25.3M +912,103 New
State Street
4
State Street
Massachusetts
$25.1M +$2.95M +106,437 +13%
JP Morgan Chase
5
JP Morgan Chase
New York
$23.4M +$517K +18,649 +2%
Allianz Asset Management
6
Allianz Asset Management
Germany
$22.7M -$912K -32,922 -4%
Millennium Management
7
Millennium Management
New York
$22M +$16.9M +611,082 +335%
Vanguard Group
8
Vanguard Group
Pennsylvania
$18.6M +$725K +26,167 +4%
LSV Asset Management
9
LSV Asset Management
Illinois
$13.6M +$1.77M +64,000 +15%
BFA
10
BlackRock Fund Advisors
California
$13.3M +$127K +4,595 +1%
Prudential Financial
11
Prudential Financial
New Jersey
$13.1M -$1.32M -47,700 -9%
CLM
12
ClearBridge LLC (Maryland)
Maryland
$10.7M +$11.1K +400 +0.1%
AQR Capital Management
13
AQR Capital Management
Connecticut
$9.76M +$233K +8,400 +2%
HA
14
Heartland Advisors
Wisconsin
$9.7M -$179K -6,441 -2%
Renaissance Technologies
15
Renaissance Technologies
New York
$8.01M -$233K -8,400 -3%
RCAMU
16
Rothschild & Co Asset Management US
Connecticut
$7.98M +$14.1K +507 +0.2%
HAM
17
Hillcrest Asset Management
Texas
$7.98M
BIT
18
BlackRock Institutional Trust
California
$7.16M +$164K +5,906 +2%
Northern Trust
19
Northern Trust
Illinois
$6.38M -$512K -18,460 -7%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$5.69M +$98.5K +3,554 +2%
UBS Group
21
UBS Group
Switzerland
$5.67M +$265K +9,557 +5%
Massachusetts Financial Services
22
Massachusetts Financial Services
Massachusetts
$5.67M -$98.7K -3,560 -2%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$5.63M +$764K +27,577 +16%
BCM
24
Becker Capital Management
Oregon
$5.5M -$8.26K -298 -0.2%
RCYC
25
Richard C. Young & Co
Rhode Island
$5.48M +$170K +6,148 +3%

FIBK Hedge Fund Activity: Q2 2015 in Review

116 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q2 2015, worth a combined $430M — up 1.8% from $422M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of FIBK and 7 opened new positions — a net loss of 9 holders — while 45 trimmed existing stakes and 44 added.

The largest buyer was Macquarie Group, opening a new position worth an estimated $25.3M. The largest seller was EARNEST Partners, exiting entirely with an estimated $27.9M sold.

  • 116 institutional investors held First Interstate BancSystem (FIBK) as of Q2 2015, down from 125 in Q1 2015.
  • Funds reported $430M of First Interstate BancSystem stock for Q2 2015, up 1.8% quarter-over-quarter.
  • 7 funds opened new First Interstate BancSystem positions in Q2 2015 and 16 closed out, a net change of -9 holders.
  • The largest First Interstate BancSystem buyer in Q2 2015 was Macquarie Group, an estimated $25.3M added.
  • The largest First Interstate BancSystem seller in Q2 2015 was EARNEST Partners, an estimated $27.9M sold.

Based on aggregated 13F filings for Q2 2015.