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First Interstate BancSystem

182 hedge funds and large institutions have $1.3B invested in First Interstate BancSystem in 2020 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 62 increasing their positions, 66 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

65% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 17

26% more capital invested

Capital invested by funds: $1.04B → $1.3B (+$268M)

6% more funds holding

Funds holding: 171182 (+11)

1.51% more ownership

Funds ownership: 76.23%77.74% (+1.5%)

6% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 66

Holders
182
Holders Change
+11
Holders Change %
+6.43%
% of All Funds
3.22%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
28
Increased
62
Reduced
66
Closed
17
Calls
$852K
Puts
Net Calls
+$852K
Net Calls Change
-$445K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$144M -$1.68M -44,250 -1%
BlackRock
2
BlackRock
New York
$129M +$11.6M +305,409 +11%
Macquarie Group
3
Macquarie Group
Australia
$121M -$3.39M -89,373 -3%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$80.6M -$2.15M -56,695 -3%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$68.9M -$574K -15,117 -0.9%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$67.4M -$9.24M -243,442 -13%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$63M +$33.6K +886 +0.1%
Aberdeen Group
8
Aberdeen Group
United Kingdom
$47.2M -$3.88M -102,225 -8%
State Street
9
State Street
Massachusetts
$42.2M +$535K +14,090 +1%
Schroder Investment Management Group
10
Schroder Investment Management Group
United Kingdom
$32.1M +$143K +3,755 +0.5%
N
11
Nuveen
North Carolina
$30.9M +$3.62M +95,494 +14%
Bank of America
12
Bank of America
North Carolina
$25.9M +$2.18M +57,428 +10%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$25.6M +$470K +12,391 +2%
Northern Trust
14
Northern Trust
Illinois
$24.2M -$1.33M -35,072 -6%
BG
15
Bahl & Gaynor
Ohio
$23.2M +$319K +8,396 +1%
CVA
16
Ceredex Value Advisors
Florida
$22.1M +$212K +5,575 +1%
KCM
17
Kennedy Capital Management
Missouri
$21.6M +$1.33M +35,117 +7%
Russell Investments Group
18
Russell Investments Group
United Kingdom
$21.4M +$4.22M +111,271 +27%
ClearBridge Investments
19
ClearBridge Investments
New York
$19.6M -$1.29M -34,045 -7%
DRZID
20
DePrince Race & Zollo Inc (DRZ)
Florida
$18.7M +$6.3M +165,916 +57%
Principal Financial Group
21
Principal Financial Group
Iowa
$17.2M +$2.58M +67,992 +19%
Wells Fargo
22
Wells Fargo
California
$13.1M -$434K -11,445 -3%
Charles Schwab
23
Charles Schwab
California
$11.9M +$237K +6,251 +2%
EAM
24
Eagle Asset Management
Florida
$11.1M -$408K -10,742 -4%
MOACM
25
Mutual of America Capital Management
New York
$10.2M

FIBK Hedge Fund Activity: Q4 2020 in Review

182 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q4 2020, worth a combined $1.3B — up 26% from $1.04B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new FIBK positions and 17 closed out — a net gain of 11 holders — while 62 added to existing stakes and 66 trimmed.

The largest buyer was BlackRock, adding an estimated $11.6M. The largest seller was Thrivent Financial for Lutherans, exiting entirely with an estimated $32.5M sold.

  • 182 institutional investors held First Interstate BancSystem (FIBK) as of Q4 2020, up from 171 in Q3 2020.
  • Funds reported $1.3B of First Interstate BancSystem stock for Q4 2020, up 26% quarter-over-quarter.
  • 28 funds opened new First Interstate BancSystem positions in Q4 2020 and 17 closed out, a net change of +11 holders.
  • The largest First Interstate BancSystem buyer in Q4 2020 was BlackRock, an estimated $11.6M added.
  • The largest First Interstate BancSystem seller in Q4 2020 was Thrivent Financial for Lutherans, an estimated $32.5M sold.

Based on aggregated 13F filings for Q4 2020.