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FIRST INTERSTATE BANK — 13F Holdings & Portfolio

CIK 1125727 · latest 13F-HR filed 2026-07-24

Backtest portfolio

FIRST INTERSTATE BANK manages $1.92B in 13F-reported U.S. long-equity assets across 300 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VCIT (9.14%), RSP (8.08%), IVV (8.08%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 17 new positions, exited 8, added to 104, and trimmed 34.

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.

Filer Information
Address
401 NORTH 31ST STREET
BILLINGS, MT 59101
Phone
(406) 255-5230
Filing Manager
First Interstate Bank
Billings, MT
Signatory
Chad L Hooker
Senior Vice President
Loading holdings…
AUM

$1.92B

Long-equity book

Holdings

300

Distinct positions

Period

2026-06-30

Filed 2026-07-24

Q/Q Activity

+17 / −8 / ↑104 / ↓34

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ISHARES TR$25.2M +18.7%
  • FIRST INTST BANCSYSTEM INC$22.5M +14.5%
  • VANGUARD SCOTTSDALE FDS$16.7M +10.4%
  • ISHARES TR$16.0M +15.3%
  • ISHARES TR$13.0M +15.3%
Show all 104 →

Top Trims

  • ISHARES TR-$47.1M -93.9%
  • FLEXSHARES TR-$9.8M -13.5%
  • BLACKSTONE INC-$3.7M -94.2%
  • MONDELEZ INTL INC-$3.0M -88.5%
  • SELECT SECTOR SPDR TR-$1.7M -13.5%
Show all 34 →

New Positions

  • INVESCO EXCHANGE TRADED FD T$5.8M
  • ELI LILLY & CO$665.7K
  • ISHARES TR$443.1K
  • VANGUARD WHITEHALL FDS$423.8K
  • ISHARES TR$405.3K
Show all 17 →

Exited Positions

  • HONEYWELL INTL INC$5.6M
  • KKR & CO INC$2.2M
  • BADGER METER INC$547.9K
  • VERIZON COMMUNICATIONS INC$349.3K
  • COTERRA ENERGY INC$312.1K
Show all 8 →
All Holdings

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 $175.1M 9.14% 2,119,138 SH
2 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $154.9M 8.08% 728,004 SH
3 ISHARES TR IVV 464287200 $154.8M 8.08% 206,686 SH
4 FIRST INTST BANCSYSTEM INC FIBK 32055Y201 $143.6M 7.49% 3,724,289 SH
5 ISHARES TR IJH 464287507 $117.0M 6.10% 1,516,897 SH
6 VANGUARD SCOTTSDALE FDS VGIT 92206C706 $111.5M 5.82% 1,890,870 SH
7 ISHARES TR IJR 464287804 $95.4M 4.98% 643,031 SH
8 ISHARES TR PFF 464288687 $92.8M 4.84% 3,044,740 SH
9 VANGUARD MALVERN FDS VTIP 922020805 $78.6M 4.10% 1,564,670 SH
10 VANGUARD SCOTTSDALE FDS VMBS 92206C771 $67.9M 3.54% 1,450,083 SH
11 FLEXSHARES TR GUNR 33939L407 $60.8M 3.17% 1,232,881 SH
12 SELECT SECTOR SPDR TR XLK 81369Y803 $47.3M 2.47% 248,116 SH
13 GLOBAL X FDS PAVE 37954Y673 $42.9M 2.24% 728,375 SH
14 FIRST INTST BANCSYSTEM INC FIBK 32055Y201 $34.3M 1.79% 890,143 SH
15 APPLE INC AAPL 037833100 $19.9M 1.04% 68,903 SH
16 SELECT SECTOR SPDR TR XLI 81369Y704 $19.8M 1.03% 106,746 SH
17 ALPHABET INC GOOGL 02079K305 $18.9M 0.99% 52,924 SH
18 SELECT SECTOR SPDR TR XLV 81369Y209 $17.8M 0.93% 112,418 SH
19 SELECT SECTOR SPDR TR XLC 81369Y852 $15.8M 0.82% 147,278 SH
20 SPDR SERIES TRUST XSD 78464A862 $15.6M 0.82% 25,057 SH
21 AMAZON COM INC AMZN 023135106 $14.8M 0.77% 62,285 SH
22 PALO ALTO NETWORKS INC PANW 697435105 $14.6M 0.76% 42,681 SH
23 MICROSOFT CORP MSFT 594918104 $13.5M 0.70% 36,167 SH
24 SELECT SECTOR SPDR TR XLF 81369Y605 $13.2M 0.69% 245,927 SH
25 CISCO SYS INC CSCO 17275R102 $13.0M 0.68% 110,510 SH
26 SELECT SECTOR SPDR TR XLE 81369Y506 $10.9M 0.57% 205,500 SH
27 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $9.8M 0.51% 19,614 SH
28 JPMORGAN CHASE & CO JPM 46625H100 $9.0M 0.47% 27,367 SH
29 ISHARES TR IBB 464287556 $7.7M 0.40% 40,404 SH
30 SELECT SECTOR SPDR TR XLU 81369Y886 $7.7M 0.40% 169,318 SH
31 CAPITAL GRP FIXED INCM ETF T CGHM 14020Y805 $7.5M 0.39% 290,676 SH
32 SELECT SECTOR SPDR TR XLRE 81369Y860 $7.0M 0.37% 158,946 SH
33 SELECT SECTOR SPDR TR XLB 81369Y100 $6.8M 0.35% 133,465 SH
34 SELECT SECTOR SPDR TR XLY 81369Y407 $6.7M 0.35% 57,043 SH
35 SELECT SECTOR SPDR TR XLP 81369Y308 $6.4M 0.33% 77,087 SH
36 AMERICAN EXPRESS CO AXP 025816109 $6.3M 0.33% 18,529 SH
37 WALMART INC WMT 931142103 $6.2M 0.32% 54,724 SH
38 GLOBAL X FDS PFFD 37954Y657 $6.0M 0.31% 321,320 SH
39 CITIGROUP INC C 172967424 $5.9M 0.31% 42,444 SH
40 INVESCO EXCHANGE TRADED FD T PSP 46137V118 $5.8M 0.30% 103,744 SH
41 GLOBAL X FDS BUG 37954Y384 $5.7M 0.30% 149,691 SH
42 ISHARES TR IEF 464287440 $5.5M 0.28% 57,684 SH
43 COSTCO WHOLESALE CORPORATION COST 22160K105 $5.4M 0.28% 5,727 SH
44 SPDR SERIES TRUST KRE 78464A698 $5.3M 0.28% 70,503 SH
45 MCDONALDS CORP MCD 580135101 $5.3M 0.28% 19,513 SH
46 GOLDMAN SACHS ETF TR GSEW 381430438 $5.2M 0.27% 54,987 SH
47 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $5.2M 0.27% 6,914 SH
48 ISHARES TR IVV 464287200 $5.1M 0.26% 6,762 SH
49 DISNEY WALT CO DIS 254687106 $4.5M 0.23% 46,737 SH
50 LOWES COS INC LOW 548661107 $4.5M 0.23% 20,194 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-24 $1.92B 300 0001125727-26-000014
2026-03-31 2026-04-29 $1.78B 296 0001125727-26-000012
2025-12-31 2026-01-29 $1.86B 315 0001125727-26-000009