FIRST INTERSTATE BANK — 13F Holdings & Portfolio
CIK 1125727 · latest 13F-HR filed 2026-04-29
FIRST INTERSTATE BANK manages $1.78B in 13F-reported U.S. long-equity assets across 296 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are VCIT (8.92%), RSP (8.18%), IVV (7.41%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 12 new positions, exited 24, added to 58, and trimmed 66.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$1.78B
Long-equity book
296
Distinct positions
2026-03-31
Filed 2026-04-29
+12 / −24 / ↑58 / ↓66
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- VANGUARD SCOTTSDALE FDS$8.6M +5.6%
- VANGUARD MALVERN FDS$7.9M +11.6%
- FLEXSHARES TR$4.4M +6.4%
- ISHARES TR$1.4M +53.4%
- ISHARES TR$1.1M +18.7%
Top Trims
- ISHARES TR-$53.1M -90.1%
- GLOBAL X FDS-$19.2M -33.1%
- ISHARES TR-$7.0M -93.9%
- MICROSOFT CORP-$4.6M -22.8%
- UNITEDHEALTH GROUP INC-$3.1M -86.4%
New Positions
- GLOBAL X FDS$3.8M
- COLUMBIA ETF TR I$1.3M
- TOTALENERGIES SE$636.9K
- WASTE MGMT INC DEL$325.2K
- RALPH LAUREN CORP$318.5K
Exited Positions
- FIRST HORIZON CORPORATION$848.5K
- INVESCO QQQ TR$512.3K
- S&P GLOBAL INC$486.0K
- LAM RESEARCH CORP$403.1K
- ISHARES TR$403.0K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | VANGUARD SCOTTSDALE FDS | VCIT | 92206C870 | $158.7M | 8.92% | 1,917,445 | SH |
| 2 | INVESCO EXCHANGE TRADED FD T | RSP | 46137V357 | $145.5M | 8.18% | 758,358 | SH |
| 3 | ISHARES TR | IVV | 464287200 | $131.8M | 7.41% | 201,770 | SH |
| 4 | FIRST INTST BANCSYSTEM INC | FIBK | 32055Y201 | $125.7M | 7.06% | 3,762,976 | SH |
| 5 | VANGUARD SCOTTSDALE FDS | VGIT | 92206C706 | $105.3M | 5.92% | 1,768,096 | SH |
| 6 | ISHARES TR | IJH | 464287507 | $101.6M | 5.71% | 1,504,197 | SH |
| 7 | ISHARES TR | PFF | 464288687 | $87.0M | 4.89% | 2,868,670 | SH |
| 8 | ISHARES TR | IJR | 464287804 | $82.7M | 4.65% | 665,584 | SH |
| 9 | VANGUARD MALVERN FDS | VTIP | 922020805 | $75.7M | 4.26% | 1,516,403 | SH |
| 10 | FLEXSHARES TR | GUNR | 33939L407 | $70.3M | 3.95% | 1,274,539 | SH |
| 11 | VANGUARD SCOTTSDALE FDS | VMBS | 92206C771 | $64.0M | 3.60% | 1,362,986 | SH |
| 12 | ISHARES TR | IBDY | 46436E130 | $50.0M | 2.81% | 1,934,599 | SH |
| 13 | GLOBAL X FDS | PAVE | 37954Y673 | $37.4M | 2.10% | 735,916 | SH |
| 14 | SELECT SECTOR SPDR TR | XLK | 81369Y803 | $34.5M | 1.94% | 259,236 | SH |
| 15 | FIRST INTST BANCSYSTEM INC | FIBK | 32055Y201 | $29.7M | 1.67% | 890,143 | SH |
| 16 | APPLE INC | AAPL | 037833100 | $18.1M | 1.02% | 71,467 | SH |
| 17 | SELECT SECTOR SPDR TR | XLV | 81369Y209 | $16.8M | 0.94% | 114,646 | SH |
| 18 | SELECT SECTOR SPDR TR | XLC | 81369Y852 | $16.2M | 0.91% | 146,201 | SH |
| 19 | ALPHABET INC | GOOGL | 02079K305 | $15.4M | 0.87% | 53,580 | SH |
| 20 | SELECT SECTOR SPDR TR | XLI | 81369Y704 | $14.9M | 0.84% | 92,319 | SH |
| 21 | MICROSOFT CORP | MSFT | 594918104 | $13.6M | 0.77% | 36,785 | SH |
| 22 | AMAZON COM INC | AMZN | 023135106 | $13.1M | 0.73% | 62,712 | SH |
| 23 | SELECT SECTOR SPDR TR | XLE | 81369Y506 | $12.6M | 0.71% | 205,967 | SH |
| 24 | SELECT SECTOR SPDR TR | XLF | 81369Y605 | $12.2M | 0.69% | 247,075 | SH |
| 25 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $9.6M | 0.54% | 20,013 | SH |
| 26 | CISCO SYS INC | CSCO | 17275R102 | $9.1M | 0.51% | 117,179 | SH |
| 27 | SPDR SERIES TRUST | XSD | 78464A862 | $8.6M | 0.48% | 26,219 | SH |
| 28 | JPMORGAN CHASE & CO | JPM | 46625H100 | $8.1M | 0.45% | 27,389 | SH |
| 29 | SELECT SECTOR SPDR TR | XLU | 81369Y886 | $8.0M | 0.45% | 173,261 | SH |
| 30 | PALO ALTO NETWORKS INC | PANW | 697435105 | $7.5M | 0.42% | 46,550 | SH |
| 31 | ISHARES TR | IBB | 464287556 | $6.9M | 0.39% | 40,965 | SH |
| 32 | WALMART INC | WMT | 931142103 | $6.9M | 0.39% | 55,596 | SH |
| 33 | SELECT SECTOR SPDR TR | XLB | 81369Y100 | $6.7M | 0.38% | 134,800 | SH |
| 34 | SELECT SECTOR SPDR TR | XLRE | 81369Y860 | $6.7M | 0.38% | 163,982 | SH |
| 35 | SELECT SECTOR SPDR TR | XLP | 81369Y308 | $6.4M | 0.36% | 78,453 | SH |
| 36 | SELECT SECTOR SPDR TR | XLY | 81369Y407 | $6.2M | 0.35% | 56,754 | SH |
| 37 | MCDONALDS CORP | MCD | 580135101 | $6.2M | 0.35% | 19,798 | SH |
| 38 | COSTCO WHOLESALE CORPORATION | COST | 22160K105 | $5.8M | 0.33% | 5,848 | SH |
| 39 | AMERICAN EXPRESS CO | AXP | 025816109 | $5.7M | 0.32% | 18,771 | SH |
| 40 | ISHARES TR | IEF | 464287440 | $5.1M | 0.29% | 53,680 | SH |
| 41 | HONEYWELL INTL INC | HON | 438516106 | $5.1M | 0.29% | 22,623 | SH |
| 42 | CITIGROUP INC | C | 172967424 | $5.0M | 0.28% | 43,691 | SH |
| 43 | CAPITAL GRP FIXED INCM ETF T | CGHM | 14020Y805 | $4.9M | 0.28% | 194,377 | SH |
| 44 | GOLDMAN SACHS ETF TR | GSEW | 381430438 | $4.8M | 0.27% | 57,286 | SH |
| 45 | LOWES COS INC | LOW | 548661107 | $4.8M | 0.27% | 20,326 | SH |
| 46 | SPDR SERIES TRUST | KRE | 78464A698 | $4.7M | 0.26% | 71,925 | SH |
| 47 | DISNEY WALT CO | DIS | 254687106 | $4.5M | 0.25% | 46,992 | SH |
| 48 | ISHARES TR | EFA | 464287465 | $4.1M | 0.23% | 42,130 | SH |
| 49 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $4.1M | 0.23% | 6,248 | SH |
| 50 | ISHARES TR | HEFA | 46434V803 | $4.1M | 0.23% | 95,440 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-04-29 | $1.78B | 296 | 0001125727-26-000012 |
| 2025-12-31 | 2026-01-29 | $1.86B | 315 | 0001125727-26-000009 |