First Interstate BancSystem
FIBK
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, 41 increasing their positions, 43 reducing their positions, and 13 closing their positions.
2% more capital invested
Capital invested by funds: $420M → $429M (+$9.58M)
5% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 43
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
2% less funds holding
Funds holding: 121 → 119 (-2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$21.1M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$9.14M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.4M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.62M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$12.1M |
| 2 |
State Street
Boston,
Massachusetts
|
-$10.7M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$7.76M |
| 4 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$1.79M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$1.4M |
FIBK Hedge Fund Activity: Q4 2015 in Review
119 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q4 2015, worth a combined $429M — up 2.3% from $420M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FIBK and 12 opened new positions — a net loss of 1 holder — while 43 trimmed existing stakes and 41 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 2.3% 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.