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First Interstate BancSystem

254 hedge funds and large institutions have $3.01B invested in First Interstate BancSystem in 2022 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 78 increasing their positions, 98 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 20

5% more funds holding

Funds holding: 241254 (+13)

1.58% less ownership

Funds ownership: 78.7%77.13% (-1.6%)

11% less capital invested

Capital invested by funds: $3.39B → $3.01B (-$383M)

20% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 98

22% less funds holding in top 10

Funds holding in top 10: 97 (-2)

94% less call options, than puts

Call options by funds: $55K | Put options by funds: $924K

Holders
254
Holders Change
+13
Holders Change %
+5.39%
% of All Funds
4.08%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.11%
New
36
Increased
78
Reduced
98
Closed
20
Calls
$55K
Puts
$924K
Net Calls
-$869K
Net Calls Change
-$3.79M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$305M -$35.4M -837,626 -10%
BlackRock
2
BlackRock
New York
$253M +$2.8M +66,102 +1%
FIB
3
First Interstate Bank
Montana
$236M -$2.36M -55,724 -0.9%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$159M +$14.5M +341,645 +9%
Macquarie Group
5
Macquarie Group
Australia
$155M -$15.6M -369,145 -8%
Franklin Resources
6
Franklin Resources
California
$128M +$8.95M +211,585 +7%
State Street
7
State Street
Massachusetts
$121M -$14.4M -339,583 -10%
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$96.4M -$17.5M -414,768 -14%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$89.8M +$1.38M +32,512 +1%
JP Morgan Chase
10
JP Morgan Chase
New York
$75.7M +$17M +402,192 +26%
Janus Henderson Group
11
Janus Henderson Group
United Kingdom
$72.4M -$88M -2,080,467 -53%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$70.4M +$7.51M +177,515 +11%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$66.7M +$1.47M +34,753 +2%
Manulife (Manufacturers Life Insurance)
14
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$53.4M +$1.99M +46,936 +4%
Diamond Hill Capital Management
15
Diamond Hill Capital Management
Ohio
$48.2M -$1.92M -45,469 -4%
N
16
Nuveen
North Carolina
$48.2M -$11.1M -261,883 -17%
Aberdeen Group
17
Aberdeen Group
United Kingdom
$47M -$3.83M -90,554 -7%
American Century Companies
18
American Century Companies
Missouri
$46.2M +$5.86M +138,533 +13%
CRM
19
Cramer Rosenthal McGlynn
Connecticut
$41.9M -$232K -5,496 -0.5%
Westfield Capital Management
20
Westfield Capital Management
Massachusetts
$40M +$14.7M +347,030 +51%
Northern Trust
21
Northern Trust
Illinois
$36M -$667K -15,775 -2%
Charles Schwab
22
Charles Schwab
California
$34.8M -$1.07M -25,312 -3%
Norges Bank
23
Norges Bank
Norway
$34M +$7.1M +167,896 +24%
KCM
24
Kennedy Capital Management
Missouri
$32M -$1.02M -24,029 -3%
Schroder Investment Management Group
25
Schroder Investment Management Group
United Kingdom
$30M -$2.51M -59,309 -7%

FIBK Hedge Fund Activity: Q4 2022 in Review

254 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Interstate BancSystem (FIBK) for Q4 2022, worth a combined $3.01B — down 11% from $3.39B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new FIBK positions and 20 closed out — a net gain of 16 holders — while 78 added to existing stakes and 98 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $17M. The largest seller was Janus Henderson Group, cutting an estimated $88M.

  • 254 institutional investors held First Interstate BancSystem (FIBK) as of Q4 2022, up from 241 in Q3 2022.
  • Funds reported $3.01B of First Interstate BancSystem stock for Q4 2022, down 11% quarter-over-quarter.
  • 36 funds opened new First Interstate BancSystem positions in Q4 2022 and 20 closed out, a net change of +16 holders.
  • The largest First Interstate BancSystem buyer in Q4 2022 was JP Morgan Chase, an estimated $17M added.
  • The largest First Interstate BancSystem seller in Q4 2022 was Janus Henderson Group, an estimated $88M sold.

Based on aggregated 13F filings for Q4 2022.