First Interstate BancSystem
FIBK
126 hedge funds and large institutions have $475M invested in First Interstate BancSystem in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 42 increasing their positions, 46 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
14% more capital invested
Capital invested by funds: $416M → $475M (+$58.9M)
7% more funds holding
Funds holding: 118 → 126 (+8)
9% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$12.4M |
| 2 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.53M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$1.33M |
| 4 |
Morgan Stanley
New York
|
+$1.32M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$4.41M |
| 2 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
-$3.67M |
| 3 |
EA
Emerald Acquisition
Seattle,
Washington
|
-$1.72M |
| 4 |
Bank of New York Mellon
New York
|
-$1.7M |
| 5 |
FIB
First Interstate Bank
Billings,
Montana
|
-$1.69M |
FIBK Hedge Fund Activity: Q3 2016 in Review
126 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q3 2016, worth a combined $475M — up 14% from $416M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FIBK positions and 7 closed out — a net gain of 8 holders — while 42 added to existing stakes and 46 trimmed.
The largest buyer was AssetMark Inc, adding an estimated $12.4M. The largest seller was JP Morgan Chase, cutting an estimated $4.41M.
- 126 institutional investors held First Interstate BancSystem (FIBK) as of Q3 2016, up from 118 in Q2 2016.
- Funds reported $475M of First Interstate BancSystem stock for Q3 2016, up 14% quarter-over-quarter.
- 15 funds opened new First Interstate BancSystem positions in Q3 2016 and 7 closed out, a net change of +8 holders.
- The largest First Interstate BancSystem buyer in Q3 2016 was AssetMark Inc, an estimated $12.4M added.
- The largest First Interstate BancSystem seller in Q3 2016 was JP Morgan Chase, an estimated $4.41M sold.
Based on aggregated 13F filings for Q3 2016.