FIRST INTERSTATE BANK

Bank

CIK

860413

Location

BILLINGS, MT

Portfolio Value

Small $164,675,444

Diversification

Diversified

Filing Date

Mar 31, 2021

Global Rank

#3,375 / 5,902

Top Industry

Software - Infrastructure 8.5%

3Y Alpha vs SPY

-6.9%

Period ended 5 years ago

Filed Apr 27, 2021 · 5y

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+49.6%

SPY

+78.1%

Annualised alpha

-6.9%

Max drawdown

−18.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

67 positions · as of Mar 31, 2021

Top Position

7.9%

of portfolio value

Top 5

28.6%

of portfolio value

Top 10

44.7%

of portfolio value

HHI

335

Diversified

Sector Breakdown

As of Mar 31, 2021

Sector	% Portfolio	Value	Positions
Technology	25.6%	$42,171,237	10
Financial Services	17.9%	$29,424,441	9
Consumer Cyclical	13.7%	$22,479,616	7
Industrials	10.8%	$17,720,677	7
Healthcare	9.7%	$15,949,628	12
Communication Services	8.9%	$14,716,363	5
Consumer Defensive	8.4%	$13,880,392	7
Unclassified	3.5%	$5,763,905	3
Utilities	0.8%	$1,355,150	2
Basic Materials	0.4%	$611,296	3
Energy	0.4%	$602,739	2

Portfolio Positions

Compact Export CSV View 13F filing

67 positions · $164,675,444 total · as of Mar 31, 2021

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

Showing 51–67 of 67 positions by value · page 2 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CVS	CVS HEALTH Corp Healthcare	First	4,166	—	$313,407	—	0.19%
V	Visa Inc. Financial Services	First	1,363	—	$288,587	—	0.18%
AEM	Agnico Eagle Mines Ltd Basic Materials	First	4,943	—	$285,754	—	0.17%
FISV	Fiserv Inc	First	2,399	—	$285,576	—	0.17%
AMGN	Amgen Inc Healthcare	First	1,112	—	$276,676	—	0.17%
MDU	Mdu Resources Group Inc Utilities	First	22,667	—	$272,445	—	0.17%
MU	Micron Technology Inc Technology	First	3,000	—	$264,630	—	0.16%
ABBV	AbbVie Inc. Healthcare	First	2,430	—	$262,974	—	0.16%
DIA	Spdr Dow Jones Industrial Average ETF Trust	First	775	—	$255,889	—	0.16%
XOM	Exxon Mobil Corp Energy	First	4,283	—	$239,119	—	0.15%
SBUX	Starbucks Corp Consumer Cyclical	First	2,034	—	$222,255	—	0.13%
AMD	Advanced Micro Devices Inc Technology	First	2,825	—	$221,762	—	0.13%
NEM	NEWMONT Corp /DE/ Basic Materials	First	3,643	—	$219,563	—	0.13%
DOV	DOVER Corp Industrials	First	1,500	—	$205,695	—	0.12%
INMD	InMode Ltd. Healthcare	First	4,500	—	$162,832	—	0.10%
WSM	Williams Sonoma Inc Consumer Cyclical	First	1,500	—	$134,400	—	0.08%
EQX	Equinox Gold Corp. Basic Materials	First	13,264	—	$105,979	—	0.06%