First Interstate Bank

Bank

CIK

1125727

Location

Billings, MT

Portfolio Value

Small $455,140,094

Diversification

Moderately concentrated

Filing Date

Global Rank

#2,931 / 8,517 ▼ 23

Top Industry

Banks - Regional 39.8%

3Y Alpha vs SPY

+0.3%

Period ended 46 days ago

Filed Jul 24, 2026 · 22d

25 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+80.1%

SPY

+75.3%

Annualised alpha

+1.1%

Max drawdown

−21.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

114 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

39.1%

+3.4 pts

Top 5

55.6%

+4.1 pts

Top 10

68.4%

+6.3 pts

HHI

1,655

Moderately concentrated+263

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	48.4%	$220,164,890	18
Technology	20.7%	$94,317,690	21
Consumer Cyclical	6.9%	$31,271,001	8
Communication Services	6.9%	$31,231,482	5
Industrials	4.6%	$20,847,627	18
Healthcare	4.0%	$18,099,341	14
Consumer Defensive	3.8%	$17,115,017	9
Energy	2.7%	$12,281,383	13
Unclassified	1.2%	$5,462,529	2
Basic Materials	1.0%	$4,349,134	6

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
KO	Coca Cola Co	+6,628	20,567	$1,671,479
XOM	ExxonMobil Holdings Corp	+2,786	15,130	$2,068,573
DINO	HF Sinclair Corp	+2,300	11,300	$787,045
CVX	Chevron Corp	+2,077	8,238	$1,365,530
ORCL	Oracle Corp	+762	13,132	$1,924,494
NVDA	Nvidia Corp	+724	31,915	$6,385,872
SPY	Spdr S&P 500 ETF Trust	+666	6,989	$5,219,174
ICE	Intercontinental Exchange, Inc.	+523	2,887	$355,418
MA	Mastercard Inc	+471	1,610	$826,895
JPM	Jpmorgan Chase & Co	+446	29,970	$9,810,079
ADP	Automatic Data Processing Inc	+441	4,833	$1,082,349
META	Meta Platforms, Inc.	+422	7,655	$4,311,984
JNJ	Johnson & Johnson	+362	9,051	$2,298,682
HD	Home Depot, Inc.	+357	9,331	$3,290,856
DHR	Danaher Corp /De/	+347	3,293	$627,249
AMZN	Amazon Com Inc	+325	68,632	$16,357,749
ABBV	AbbVie Inc.	+299	5,964	$1,500,780
PG	PROCTER & GAMBLE Co	+287	7,379	$1,082,055
RSG	Republic Services, Inc.	+285	2,557	$544,844
ECL	Ecolab Inc.	+231	2,389	$665,598
SYK	Stryker Corp	+217	1,747	$550,024
BAC	Bank Of America Corp /De/	+215	18,400	$1,048,432
GS	Goldman Sachs Group Inc	+200	1,321	$1,336,019
UNH	Unitedhealth Group Inc	+162	1,932	$802,996
SHW	Sherwin Williams Co	+158	1,299	$447,271
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
MDLZ	Mondelez International, Inc.	−52,791	6,818	$394,352
FIBK	First Interstate Bancsystem Inc	−38,687	4,614,432	$177,932,497
BX	Blackstone Inc.	−32,123	1,941	$228,397
F	Ford Motor Co	−8,767	14,228	$197,769
GOOGL	Alphabet Inc.	−6,581	59,031	$21,095,907
NOK	Nokia Corp	−5,000	40,000	$531,200
CSCO	Cisco Systems, Inc.	−4,580	126,563	$14,866,089
PFE	Pfizer Inc	−4,004	127,285	$3,065,021
PEP	Pepsico Inc	−3,072	4,029	$545,525
ABT	Abbott Laboratories	−3,039	39,850	$3,615,988
INTC	Intel Corp	−2,823	14,824	$2,069,875
AAPL	Apple Inc.	−2,742	76,399	$22,106,814
BA	Boeing Co	−2,554	3,783	$818,906
MU	Micron Technology Inc	−2,000	500	$577,145
T	At&T Inc.	−1,998	27,044	$559,810
C	Citigroup Inc	−1,247	42,574	$5,958,656
GBCI	Glacier Bancorp, Inc.	−1,011	12,190	$628,760
PANW	Palo Alto Networks Inc	−987	45,696	$15,583,249
AMD	Advanced Micro Devices Inc	−900	720	$418,255
JCI	Johnson Controls International plc	−887	8,490	$1,240,473
WMT	Walmart Inc.	−852	54,897	$6,217,633
DIS	Walt Disney Co	−742	52,317	$5,035,511
ET	Energy Transfer LP	−612	10,887	$208,159
EMR	Emerson Electric Co	−572	20,887	$2,989,973
TRP	Tc Energy Corp	−499	14,700	$974,463
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
LLY	ELI LILLY & Co	555	$665,683
EOG	Eog Resources Inc	3,061	$397,103
DVN	Devon Energy Corp/De	9,215	$380,763
LRCX	Lam Research Corp	805	$348,830
ROK	Rockwell Automation, Inc	561	$277,739
TSM	Taiwan Semiconductor Manufacturing Co Ltd	525	$250,724
DELL	Dell Technologies Inc.	502	$216,592
No positions match the current search.

Sold Out

Positions the filer fully exited

13 positions

Ticker	Company	Shares	Value
IBB	iShares Biotechnology ETF	41,082	$6,936,695
XLB	State Street Materials Select Sector SPDR ETF	135,172	$6,754,544
HON	Honeywell International Inc	24,570	$5,553,557
KKR	KKR & Co. Inc.	24,209	$2,239,332
VEU	Vanguard FTSE All-World Ex-US ETF	19,812	$1,487,881
VB	Vanguard Morningstar Small-Cap ETF	4,757	$1,245,952
VEA	Vanguard FTSE Developed Markets ETF	8,910	$570,952
BMI	Badger Meter Inc	3,596	$547,849
VZ	Verizon Communications Inc	6,958	$349,291
LMT	Lockheed Martin Corp	381	$230,272
MDT	Medtronic plc	2,425	$210,126
SEE	SEALED AIR CORP/DE	5,029	$0
CTRA	Coterra Energy Inc.	8,883	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

114 tracked positions · $455,140,094 total · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Showing 1–50 of 114 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
FIBK	First Interstate Bancsystem Inc Financial Services	Reduced	4,614,432	-38,687	$177,932,497	+14.5%	39.09%
AAPL	Apple Inc. Technology	Reduced	76,399	-2,742	$22,106,814	+10.1%	4.86%
GOOGL	Alphabet Inc. Communication Services	Reduced	59,031	-6,581	$21,095,907	+11.8%	4.64%
AMZN	Amazon Com Inc Consumer Cyclical	Added	68,632	+325	$16,357,749	+15.0%	3.59%
PANW	Palo Alto Networks Inc Technology	Reduced	45,696	-987	$15,583,249	+108.2%	3.42%
MSFT	Microsoft Corp Technology	Reduced	41,559	-395	$15,502,337	−0.2%	3.41%
CSCO	Cisco Systems, Inc. Technology	Reduced	126,563	-4,580	$14,866,089	+46.1%	3.27%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	21,694	-162	$10,855,460	−14.0%	2.39%
JPM	Jpmorgan Chase & Co Financial Services	Added	29,970	+446	$9,810,079	+13.0%	2.16%
AXP	American Express Co Financial Services	Added	20,721	+154	$7,008,878	+12.7%	1.54%
NVDA	Nvidia Corp Technology	Added	31,915	+724	$6,385,872	+17.4%	1.40%
WMT	Walmart Inc. Consumer Defensive	Reduced	54,897	-852	$6,217,633	−10.3%	1.37%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	6,399	+26	$5,986,071	−5.7%	1.32%
MCD	Mcdonalds Corp Consumer Cyclical	Added	22,086	+57	$5,970,066	−12.8%	1.31%
C	Citigroup Inc Financial Services	Reduced	42,574	-1,247	$5,958,656	+19.9%	1.31%
SPY	Spdr S&P 500 ETF Trust	Added	6,989	+666	$5,219,174	+26.9%	1.15%
DIS	Walt Disney Co Communication Services	Reduced	52,317	-742	$5,035,511	−1.5%	1.11%
UNP	Union Pacific Corp Industrials	Added	17,579	+85	$4,781,488	+12.7%	1.05%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	20,872	-127	$4,602,067	−7.2%	1.01%
META	Meta Platforms, Inc. Communication Services	Added	7,655	+422	$4,311,984	+4.2%	0.95%
AVGO	Broadcom Inc. Technology	Added	10,266	+50	$3,877,981	+22.6%	0.85%
CRM	Salesforce, Inc. Technology	Added	24,417	+138	$3,825,167	−15.6%	0.84%
ABT	Abbott Laboratories Healthcare	Reduced	39,850	-3,039	$3,615,988	−17.9%	0.79%
HD	Home Depot, Inc. Consumer Cyclical	Added	9,331	+357	$3,290,856	+11.5%	0.72%
PFE	Pfizer Inc Healthcare	Reduced	127,285	-4,004	$3,065,021	−16.9%	0.67%
EMR	Emerson Electric Co Industrials	Reduced	20,887	-572	$2,989,973	+6.3%	0.66%
CAT	Caterpillar Inc Industrials	Reduced	2,716	-74	$2,892,268	+46.3%	0.64%
JNJ	Johnson & Johnson Healthcare	Added	9,051	+362	$2,298,682	+8.2%	0.51%
AEM	Agnico Eagle Mines Ltd Basic Materials	Held	14,279	0	$2,215,101	−23.6%	0.49%
INTC	Intel Corp Technology	Reduced	14,824	-2,823	$2,069,875	+165.8%	0.45%
XOM	ExxonMobil Holdings Corp Energy	Added	15,130	+2,786	$2,068,573	−1.2%	0.45%
MRK	Merck & Co., Inc. Healthcare	Held	15,822	0	$2,033,127	+6.8%	0.45%
MPC	Marathon Petroleum Corp Energy	Held	7,949	0	$2,032,320	+4.7%	0.45%
ORCL	Oracle Corp Technology	Added	13,132	+762	$1,924,494	+5.8%	0.42%
PSX	Phillips 66 Energy	Held	10,477	0	$1,771,136	−7.2%	0.39%
APH	Amphenol Corp /De/ Technology	Held	9,600	0	$1,692,672	—	0.37%
KO	Coca Cola Co Consumer Defensive	Added	20,567	+6,628	$1,671,479	+57.7%	0.37%
ABBV	AbbVie Inc. Healthcare	Added	5,964	+299	$1,500,780	+21.8%	0.33%
DE	Deere & Co Industrials	Added	2,282	+147	$1,447,541	+20.4%	0.32%
CVX	Chevron Corp Energy	Added	8,238	+2,077	$1,365,530	+7.1%	0.30%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	2,716	+154	$1,361,693	+8.1%	0.30%
GS	Goldman Sachs Group Inc Financial Services	Added	1,321	+200	$1,336,019	+40.9%	0.29%
GE	General Electric Co Industrials	Held	3,384	0	$1,264,702	+31.7%	0.28%
JCI	Johnson Controls International plc Industrials	Reduced	8,490	-887	$1,240,473	+1.0%	0.27%
ADP	Automatic Data Processing Inc Technology	Added	4,833	+441	$1,082,349	+21.3%	0.24%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	7,379	+287	$1,082,055	+5.6%	0.24%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	13,084	-353	$1,081,261	+1.1%	0.24%
BAC	Bank Of America Corp /De/ Financial Services	Added	18,400	+215	$1,048,432	+18.3%	0.23%
GEV	GE Vernova Inc. Industrials	Held	840	0	$986,882	+34.6%	0.22%
TRP	Tc Energy Corp Energy	Reduced	14,700	-499	$974,463	+2.4%	0.21%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.