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First Interstate BancSystem

119 hedge funds and large institutions have $429M invested in First Interstate BancSystem in 2015 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 42 increasing their positions, 42 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more capital invested

Capital invested by funds: $419M → $429M (+$10.2M)

0% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 42

8% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 13

2% less funds holding

Funds holding: 121119 (-2)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
119
Holders Change
-2
Holders Change %
-1.65%
% of All Funds
3.12%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
12
Increased
42
Reduced
42
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$40.8M +$2.4M +83,222 +6%
Macquarie Group
2
Macquarie Group
Australia
$29.6M +$276K +9,550 +0.9%
Bank of New York Mellon
3
Bank of New York Mellon
New York
$26.1M +$21.1M +730,173 +436%
Allianz Asset Management
4
Allianz Asset Management
Germany
$25.7M -$298K -10,313 -1%
JP Morgan Chase
5
JP Morgan Chase
New York
$22.7M -$685K -23,715 -3%
Vanguard Group
6
Vanguard Group
Pennsylvania
$20.8M +$880K +30,459 +4%
LSV Asset Management
7
LSV Asset Management
Illinois
$14.1M -$1.4M -48,471 -9%
BFA
8
BlackRock Fund Advisors
California
$13.9M +$81.8K +2,830 +0.6%
CLM
9
ClearBridge LLC (Maryland)
Maryland
$13M +$523K +18,110 +4%
State Street
10
State Street
Massachusetts
$12.4M -$10.7M -370,157 -46%
Prudential Financial
11
Prudential Financial
New Jersey
$12M -$1.17M -40,600 -9%
AQR Capital Management
12
AQR Capital Management
Connecticut
$10.4M +$614K +21,239 +6%
Renaissance Technologies
13
Renaissance Technologies
New York
$10.2M +$1.46M +50,400 +17%
BIT
14
BlackRock Institutional Trust
California
$9.25M +$27.9K +967 +0.3%
HA
15
Heartland Advisors
Wisconsin
$9.2M -$833K -28,822 -8%
Schroder Investment Management Group
16
Schroder Investment Management Group
United Kingdom
$9.2M +$9.14M +316,297 New
RCAMU
17
Rothschild & Co Asset Management US
Connecticut
$8.43M +$358K +12,402 +4%
PIM
18
Perkins Investment Management
Illinois
$8.15M -$7.76M -268,516 -49%
HRCM
19
Hood River Capital Management
Florida
$8M +$1.29M +44,645 +19%
Massachusetts Financial Services
20
Massachusetts Financial Services
Massachusetts
$7.82M +$846K +29,281 +12%
Northern Trust
21
Northern Trust
Illinois
$6.54M -$637K -22,046 -9%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$6.08M -$67.5K -2,336 -1%
RCYC
23
Richard C. Young & Co
Rhode Island
$5.8M +$25.2K +872 +0.4%
BCM
24
Becker Capital Management
Oregon
$5.75M -$7.8K -270 -0.1%
BCM
25
Bridgeway Capital Management
Texas
$5.52M

FIBK Hedge Fund Activity: Q4 2015 in Review

119 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q4 2015, worth a combined $429M — up 2.4% from $419M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of FIBK and 12 opened new positions — a net loss of 1 holder — while 42 trimmed existing stakes and 42 added.

The largest buyer was Bank of New York Mellon, adding an estimated $21.1M. The largest seller was Millennium Management, cutting an estimated $12.1M.

  • 119 institutional investors held First Interstate BancSystem (FIBK) as of Q4 2015, down from 121 in Q3 2015.
  • Funds reported $429M of First Interstate BancSystem stock for Q4 2015, up 2.4% quarter-over-quarter.
  • 12 funds opened new First Interstate BancSystem positions in Q4 2015 and 13 closed out, a net change of -1 holder.
  • The largest First Interstate BancSystem buyer in Q4 2015 was Bank of New York Mellon, an estimated $21.1M added.
  • The largest First Interstate BancSystem seller in Q4 2015 was Millennium Management, an estimated $12.1M sold.

Based on aggregated 13F filings for Q4 2015.