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Asset Manager ← All Institutions

FIRST INTERSTATE BANK

401 NORTH 31ST STREET, BILLINGS, MT 59101 • 4062555230

Q1 2026 · Filed 2026-04-29
Market Value
$1.8B
-4.6%
Holdings
210
+1
New Purchases
12
Added To
45
Closed
24
Reduced
96
Top 10 Concentration
63.7%
Turnover
17.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VCIT 9.07% 8.19% +0.88% $161M
VTIP 4.28% 3.66% +0.62% $76M
IJH 5.90% 5.39% +0.51% $105M
VGIT 6.04% 5.58% +0.46% $107M
RSP 8.24% 7.80% +0.44% $146M
GUNR 4.09% 3.67% +0.42% $73M
IJR 4.76% 4.36% +0.40% $84M
VMBS 3.65% 3.38% +0.27% $65M
BUG 0.22% 0.00% +0.22% $4M
IBDY 2.83% 2.68% +0.15% $50M
IVV 7.59% 7.47% +0.12% $135M
PFF 4.96% 4.84% +0.11% $88M
EFA 0.23% 0.14% +0.09% $4M
FIBK 8.76% 8.68% +0.08% $155M
IBB 0.39% 0.31% +0.08% $7M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
HEFA 0.33% 3.17% -2.84% $6M
PAVE 2.19% 3.12% -0.93% $39M
SOXX 0.03% 0.40% -0.38% $454K
MSFT 0.88% 1.08% -0.21% $16M
UNH 0.03% 0.19% -0.16% $479K
WMT 0.39% 0.52% -0.13% $7M
AXP 0.35% 0.43% -0.08% $6M
BX 0.22% 0.30% -0.07% $4M
AMZN 0.80% 0.86% -0.06% $14M
PANW 0.42% 0.48% -0.05% $7M
IEF 0.29% 0.34% -0.05% $5M
JPM 0.49% 0.54% -0.05% $9M
ABT 0.25% 0.30% -0.05% $4M
FHN 0.00% 0.05% -0.05% $0
IBDX 0.06% 0.11% -0.05% $1M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 87.9%
Technology 4.2%
Consumer Cyclical 1.7%
Communication Services 1.6%
Industrials 1.4%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 54 $319M 18.0%
Large Cap 121 $1.1B 62.7%
Mid Cap 25 $280M 15.8%
Small Cap 9 $61M 3.5%
Micro Cap 1 $336K 0.0%

Portfolio Analytics

Avg Market Cap
$298.0B
Median Market Cap
$81.4B
Avg P/E
28.5
Median P/E
22.6
Avg Dividend Yield
0.02%
Avg Beta
0.91
# Stocks
132
# ETFs / Funds
78

Top Holdings (210 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VCIT 9.07% 1,943,286 $161M $82.75 $9M +125,741 +6.9%
2 FIBK 8.76% 4,653,119 $155M $33.40 -$6M -12,163 -0.3%
3 RSP 8.24% 761,230 $146M $191.92 $1M +4,860 +0.6%
4 IVV 7.59% 206,171 $135M $653.21 -$4M +3,495 +1.7%
5 VGIT 6.04% 1,799,821 $107M $59.55 $4M +69,857 +4.0%
6 IJH 5.90% 1,548,799 $105M $67.53 $4M +31,235 +2.1%
7 PFF 4.96% 2,899,087 $88M $30.32 -$2M -7,210 -0.2%
8 IJR 4.76% 679,701 $84M $124.31 $3M +4,801 +0.7%
9 VTIP 4.28% 1,520,921 $76M $49.95 $8M +144,907 +10.5%
10 GUNR 4.09% 1,315,126 $73M $55.16 $4M -171,697 -11.6%
11 VMBS 3.65% 1,379,528 $65M $46.95 $2M +44,564 +3.3%
12 IBDY 2.83% 1,940,344 $50M $25.85 $428K +37,912 +2.0%
13 PAVE 2.19% 763,387 $39M $50.81 -$19M -449,547 -37.1%
14 XLK 1.95% 259,948 $35M $132.90 -$2M +4,875 +1.9%
15 AAPL 1.13% 79,141 $20M $253.79 -$1M +1,286 +1.6%
16 GOOGL 0.95% 58,756 $17M $287.56 -$2M -401 -0.7%
17 XLV 0.95% 114,970 $17M $146.61 -$1M -2,036 -1.7%
18 XLC 0.92% 146,616 $16M $110.86 -$698K +2,618 +1.8%
19 MSFT 0.88% 41,954 $16M $370.17 -$5M +360 +0.9%
20 XLI 0.84% 92,580 $15M $161.73 $358K -1,635 -1.7%
21 AMZN 0.80% 68,307 $14M $208.27 -$2M -976 -1.4%
22 XLE 0.71% 206,565 $13M $61.26 -$64K -77,905 -27.4%
23 XLF 0.69% 247,689 $12M $49.37 -$1M +122 +0.1%
24 BRK-B 0.59% 21,853 $10M $479.20 -$972K -914 -4.0%
25 CSCO 0.57% 131,143 $10M $77.59 -$332K -5,261 -3.9%
26 JPM 0.49% 29,524 $9M $294.16 -$1M -1,586 -5.1%
27 XSD 0.48% 26,294 $9M $326.12 -$63K -567 -2.1%
28 XLU 0.45% 173,785 $8M $45.89 $309K -5,793 -3.2%
29 PANW 0.42% 46,683 $7M $160.32 -$1M -1,433 -3.0%
30 IBB 0.39% 41,082 $7M $168.85 $1M +6,465 +18.7%
31 WMT 0.39% 55,749 $7M $124.28 -$3M -30,472 -35.3%
32 MCD 0.39% 22,029 $7M $310.79 -$208K -1,053 -4.6%
33 XLB 0.38% 135,172 $7M $49.97 $481K -3,158 -2.3%
34 XLRE 0.38% 164,463 $7M $40.83 -$187K -6,592 -3.9%
35 XLP 0.36% 78,638 $6M $81.98 -$247K -7,536 -8.8%
36 COST 0.36% 6,373 $6M $996.43 $623K -269 -4.0%
37 AXP 0.35% 20,567 $6M $302.48 -$2M -1,111 -5.1%
38 XLY 0.35% 56,862 $6M $108.98 -$455K +1,160 +2.1%
39 HEFA 0.33% 137,540 $6M $42.50 -$53M -1,288,461 -90.3%
40 NVDA 0.31% 31,191 $5M $174.40 -$688K -1,663 -5.1%
41 IEF 0.29% 53,680 $5M $95.44 -$1M -12,165 -18.5%
42 DIS 0.29% 53,059 $5M $96.38 -$1M -818 -1.5%
43 C 0.28% 43,821 $5M $113.41 -$375K -1,986 -4.3%
44 LOW 0.28% 20,999 $5M $236.28 -$324K -917 -4.2%
45 CGHM 0.28% 194,377 $5M $25.32 $820K +33,387 +20.7%
46 GSEW 0.28% 57,800 $5M $84.66 -$358K -3,896 -6.3%
47 KRE 0.27% 72,166 $5M $65.15 -$24K -743 -1.0%
48 CRM 0.26% 24,279 $5M $186.67 $488K +9,013 +59.0%
49 ABT 0.25% 42,889 $4M $102.67 -$1M -1,251 -2.8%
50 UNP 0.24% 17,494 $4M $242.62 -$108K -1,321 -7.0%
51 META 0.23% 7,233 $4M $572.13 -$624K +18 +0.2%
52 SPY 0.23% 6,323 $4M $650.34 -$245K -66 -1.0%
53 EFA 0.23% 42,130 $4M $97.13 $1M +14,355 +51.7%
54 BX 0.22% 34,064 $4M $114.99 -$2M -1,559 -4.4%
55 BUG 0.22% 152,851 $4M $25.11 — +152,851 — NEW
56 PFFD 0.21% 204,730 $4M $18.40 $390K +26,138 +14.6%
57 PFE 0.21% 131,289 $4M $28.08 $260K -6,322 -4.6%
58 VOO 0.20% 5,832 $3M $597.55 -$247K -119 -2.0%
59 MDLZ 0.19% 59,609 $3M $57.64 $53K -3,226 -5.1%
60 EEM 0.19% 58,618 $3M $56.79 $1M +17,051 +41.0%
61 AVGO 0.18% 10,216 $3M $309.51 -$381K -21 -0.2%
62 AGG 0.17% 30,435 $3M $99.27 $154K +1,727 +6.0%
63 HD 0.17% 8,974 $3M $328.89 -$142K -16 -0.2%
64 AEM 0.16% 14,279 $3M $202.98 $478K — —
65 EMR 0.16% 21,459 $3M $131.02 -$196K -1,204 -5.3%
66 IHI 0.15% 50,890 $3M $53.35 $753K +19,328 +61.2%
67 KKR 0.13% 24,209 $2M $92.50 -$884K -293 -1.2%
68 BRK-A 0.12% 3 $2M $718,140.00 -$865K -1 -25.0%
69 JNJ 0.12% 8,689 $2M $244.44 $161K -796 -8.4%
70 XONA.DE 0.12% 12,344 $2M $169.66 $30K -4,807 -28.0%
71 CAT 0.11% 2,790 $2M $708.46 $224K -270 -8.8%
72 GOOG 0.11% 6,856 $2M $286.86 -$196K -36 -0.5%
73 MPC 0.11% 7,949 $2M $244.18 $189K -2,826 -26.2%
74 BSV 0.11% 24,626 $2M $78.41 $104K +1,440 +6.2%
75 PSX 0.11% 10,477 $2M $182.18 $417K -1,080 -9.3%
76 MRK 0.11% 15,822 $2M $120.29 $93K -1,377 -8.0%
77 ORCL 0.10% 12,370 $2M $147.11 -$554K +192 +1.6%
78 ITOT 0.10% 12,541 $2M $142.43 -$180K -683 -5.2%
79 VEU 0.08% 19,812 $1M $75.10 -$102K -1,800 -8.3%
80 REVS 0.07% 46,150 $1M $28.62 — +46,150 — NEW
81 CVX 0.07% 6,161 $1M $206.90 $343K +49 +0.8%
82 BA 0.07% 6,337 $1M $199.03 $1M +5,361 +549.3%
83 TMO 0.07% 2,562 $1M $491.53 -$292K -115 -4.3%
84 VB 0.07% 4,757 $1M $261.92 $34K +60 +1.3%
85 ABBV 0.07% 5,665 $1M $217.49 -$448K -1,686 -22.9%
86 JCI 0.07% 9,377 $1M $130.95 -$29K -1,123 -10.7%
87 APH 0.07% 9,600 $1M $126.35 -$84K — —
88 DE 0.07% 2,135 $1M $563.30 $195K -30 -1.4%
89 VWO 0.06% 20,496 $1M $54.05 $112K +1,972 +10.7%
90 PEP 0.06% 7,101 $1M $155.29 -$103K -1,302 -15.5%
91 HYG 0.06% 13,614 $1M $79.56 -$15K — —
92 WFC 0.06% 13,437 $1M $79.61 -$133K +528 +4.1%
93 IBDX 0.06% 42,184 $1M $25.27 -$898K -34,754 -45.2%
94 KO 0.06% 13,939 $1M $76.05 -$82K -2,391 -14.6%
95 PG 0.06% 7,092 $1M $144.44 -$38K -320 -4.3%
96 GE 0.05% 3,384 $960K $283.77 -$137K -179 -5.0%
97 TRP 0.05% 15,199 $951K $62.60 $143K +499 +3.4%
98 GS 0.05% 1,121 $948K $845.99 -$59K -25 -2.2%
99 VT 0.05% 6,650 $920K $138.32 -$18K — —
100 MPLX 0.05% 16,000 $913K $57.07 $59K — —

New Positions

SymbolValue% Port
BUG $4M 0.22%
REVS $1M 0.07%
TOTB.DE $637K 0.04%
WM $325K 0.02%
RL $319K 0.02%
IVE $289K 0.02%
F $265K 0.01%
LMT $230K 0.01%
AMX $224K 0.01%
ET $222K 0.01%
ETN $215K 0.01%
SEE $211K 0.01%

Sold Out Positions

SymbolValue% Port
ROK — —%
FHN — —%
NKE — —%
PWR — —%
GWW — —%
IQI — —%
SPGI — —%
KMI — —%
SCHW — —%
LLY — —%
LRCX — —%
ADSK — —%
IDXX — —%
PYPL — —%
IGE — —%
View SEC EDGAR Filings for FIRST INTERSTATE BANK →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms