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First Interstate BancSystem

233 hedge funds and large institutions have $3.33B invested in First Interstate BancSystem in 2022 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 96 increasing their positions, 73 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

319% more call options, than puts

Call options by funds: $9.25M | Put options by funds: $2.21M

75% more funds holding in top 10

Funds holding in top 10: 47 (+3)

32% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 73

22% more capital invested

Capital invested by funds: $2.73B → $3.33B (+$599M)

9% less funds holding

Funds holding: 257233 (-24)

10.21% less ownership

Funds ownership: 90.08%79.86% (-10%)

39% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 41

Holders
233
Holders Change
-24
Holders Change %
-9.34%
% of All Funds
3.93%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.12%
New
25
Increased
96
Reduced
73
Closed
41
Calls
$9.25M
Puts
$2.21M
Net Calls
+$7.04M
Net Calls Change
+$9.02M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$325M +$27.9M +783,104 +10%
BlackRock
2
BlackRock
New York
$309M -$21.5M -603,856 -7%
FIB
3
First Interstate Bank
Montana
$303M +$278M +7,800,583 +5,154%
Macquarie Group
4
Macquarie Group
Australia
$217M +$4.23M +118,736 +2%
State Street
5
State Street
Massachusetts
$138M -$25.6M -717,828 -17%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$136M +$75.3M +2,113,366 +146%
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$130M +$4.01M +112,357 +3%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$113M -$19.7M -553,950 -16%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$102M -$1.39M -38,885 -1%
Janus Henderson Group
10
Janus Henderson Group
United Kingdom
$82.1M -$3.55M -99,692 -4%
N
11
Nuveen
North Carolina
$65.1M +$4.31M +120,769 +8%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$62.4M -$792K -22,210 -1%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$61.7M +$5.12M +143,658 +10%
Franklin Resources
14
Franklin Resources
California
$57.5M +$21.9M +614,622 +69%
Diamond Hill Capital Management
15
Diamond Hill Capital Management
Ohio
$52.2M -$2.12M -59,359 -4%
JP Morgan Chase
16
JP Morgan Chase
New York
$50.6M +$37.3M +1,047,526 +372%
Aberdeen Group
17
Aberdeen Group
United Kingdom
$49.4M -$12.7M -355,679 -22%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$48.4M +$632K +17,733 +1%
Citadel Advisors
19
Citadel Advisors
Florida
$48.3M -$19.4M -543,510 -30%
CRM
20
Cramer Rosenthal McGlynn
Connecticut
$42.8M -$5.18M -145,168 -11%
Millennium Management
21
Millennium Management
New York
$38M -$9.24M -259,056 -21%
American Century Companies
22
American Century Companies
Missouri
$37.6M +$34.2M +958,739 +3,369%
Northern Trust
23
Northern Trust
Illinois
$36.3M -$2.88M -80,898 -8%
Bank of America
24
Bank of America
North Carolina
$34M +$2.31M +64,660 +8%
KCM
25
Kennedy Capital Management
Missouri
$33.8M +$1.01M +28,456 +3%

FIBK Hedge Fund Activity: Q2 2022 in Review

233 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q2 2022, worth a combined $3.33B — up 22% from $2.73B a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of FIBK and 25 opened new positions — a net loss of 16 holders — while 73 trimmed existing stakes and 96 added.

The largest buyer was First Interstate Bank, adding an estimated $278M. The largest seller was Invesco, cutting an estimated $34.6M.

  • 233 institutional investors held First Interstate BancSystem (FIBK) as of Q2 2022, down from 257 in Q1 2022.
  • Funds reported $3.33B of First Interstate BancSystem stock for Q2 2022, up 22% quarter-over-quarter.
  • 25 funds opened new First Interstate BancSystem positions in Q2 2022 and 41 closed out, a net change of -16 holders.
  • The largest First Interstate BancSystem buyer in Q2 2022 was First Interstate Bank, an estimated $278M added.
  • The largest First Interstate BancSystem seller in Q2 2022 was Invesco, an estimated $34.6M sold.

Based on aggregated 13F filings for Q2 2022.