First Interstate BancSystem
FIBK
154 hedge funds and large institutions have $1.2B invested in First Interstate BancSystem in 2018 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 61 increasing their positions, 41 reducing their positions, and 24 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 41
14% more capital invested
Capital invested by funds: $1.05B → $1.2B (+$151M)
5.63% more ownership
Funds ownership: 77.71% → 83.34% (+5.6%)
7% less funds holding
Funds holding: 165 → 154 (-11)
46% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$29.4M |
| 2 |
BlackRock
New York
|
+$15.8M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$10.2M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$7.89M |
| 5 |
Millennium Management
New York
|
+$6.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$11.7M |
| 2 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$7.32M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.29M |
| 4 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
-$2.51M |
| 5 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$2.09M |
FIBK Hedge Fund Activity: Q2 2018 in Review
154 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q2 2018, worth a combined $1.2B — up 14% from $1.05B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of FIBK and 13 opened new positions — a net loss of 11 holders — while 41 trimmed existing stakes and 61 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $29.4M. The largest seller was Basswood Capital Management, cutting an estimated $11.7M.
- 154 institutional investors held First Interstate BancSystem (FIBK) as of Q2 2018, down from 165 in Q1 2018.
- Funds reported $1.2B of First Interstate BancSystem stock for Q2 2018, up 14% quarter-over-quarter.
- 13 funds opened new First Interstate BancSystem positions in Q2 2018 and 24 closed out, a net change of -11 holders.
- The largest First Interstate BancSystem buyer in Q2 2018 was Wellington Management Group, an estimated $29.4M added.
- The largest First Interstate BancSystem seller in Q2 2018 was Basswood Capital Management, an estimated $11.7M sold.
Based on aggregated 13F filings for Q2 2018.