13F HOLDINGS REPORT

FIRST INTERSTATE BANK

Quarter ended Q1 2025 · Filed April 30, 2025 · Accession 0001125727-25-000007

Total Value

$1.67B

Positions

292

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (292)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD SCOTTSDALE FDS	92206C870	1,994,914	$163.1M	9.74%
2	INVESCO EXCHANGE TRADED FD T	IVZ	817,917	$141.7M	8.46%
3	FIRST INTST BANCSYSTEM INC	32055Y201	4,160,074	$119.2M	7.12%
4	ISHARES TR	464287200	201,009	$112.9M	6.74%
5	VANGUARD SCOTTSDALE FDS	92206C706	1,600,259	$95.1M	5.68%
6	ISHARES TR	464288687	2,980,571	$91.6M	5.47%
7	ISHARES TR	46434V803	2,442,476	$88.6M	5.29%
8	ISHARES TR	464287507	1,431,686	$83.5M	4.99%
9	ISHARES TR	464287804	651,821	$68.2M	4.07%
10	VANGUARD SCOTTSDALE FDS	92206C771	1,203,792	$55.7M	3.33%
11	ISHARES TR	46436E312	2,026,773	$50.6M	3.02%
12	ISHARES TR	46436E130	1,905,109	$48.7M	2.91%
13	GLOBAL X FDS	37954Y673	1,190,631	$44.9M	2.68%
14	FLEXSHARES TR	FLEX	757,227	$29.4M	1.75%
15	SELECT SECTOR SPDR TR	81369Y803	132,583	$27.4M	1.63%
16	FIRST INTST BANCSYSTEM INC	32055Y201	893,268	$25.6M	1.53%
17	SELECT SECTOR SPDR TR	81369Y209	123,094	$18.0M	1.07%
18	APPLE INC	AAPL	72,983	$16.2M	0.97%
19	SELECT SECTOR SPDR TR	81369Y852	152,325	$14.7M	0.88%
20	MICROSOFT CORP	MSFT	36,776	$13.8M	0.82%
21	SELECT SECTOR SPDR TR	81369Y506	144,014	$13.5M	0.80%
22	SELECT SECTOR SPDR TR	81369Y605	259,258	$12.9M	0.77%
23	AMAZON COM INC	AMZN	63,765	$12.1M	0.72%
24	SELECT SECTOR SPDR TR	81369Y704	86,086	$11.3M	0.67%
25	BERKSHIRE HATHAWAY INC DEL	BRK-A	17,304	$9.2M	0.55%
26	ALPHABET INC	GOOG	56,845	$8.8M	0.52%
27	PALO ALTO NETWORKS INC	PANW	51,228	$8.7M	0.52%
28	LOWES COS INC	548661107	35,456	$8.3M	0.49%
29	JPMORGAN CHASE & CO.	VYLD	33,549	$8.2M	0.49%
30	WALMART INC	WMT	89,911	$7.9M	0.47%
31	CISCO SYS INC	CSCO	127,033	$7.8M	0.47%
32	SELECT SECTOR SPDR TR	81369Y860	178,778	$7.5M	0.45%
33	SELECT SECTOR SPDR TR	81369Y886	94,717	$7.5M	0.45%
34	SELECT SECTOR SPDR TR	81369Y308	90,887	$7.4M	0.44%
35	MCDONALDS CORP	MCD	22,092	$6.9M	0.41%
36	SELECT SECTOR SPDR TR	81369Y100	71,882	$6.2M	0.37%
37	COSTCO WHSL CORP NEW	22160K105	6,399	$6.1M	0.36%
38	SPDR SER TR	78464A862	29,329	$5.9M	0.35%
39	SELECT SECTOR SPDR TR	81369Y407	29,077	$5.7M	0.34%
40	AMERICAN EXPRESS CO	AXP	20,901	$5.6M	0.34%
41	UNITEDHEALTH GROUP INC	UNH	10,109	$5.3M	0.32%
42	HONEYWELL INTL INC	438516106	24,548	$5.2M	0.31%
43	BLACKSTONE INC	BX	35,296	$4.9M	0.29%
44	ISHARES TR	464287523	26,067	$4.9M	0.29%
45	DISNEY WALT CO	254687106	48,725	$4.8M	0.29%
46	ISHARES TR	464287556	37,318	$4.8M	0.28%
47	SPDR SER TR	78464A698	78,922	$4.5M	0.27%
48	MONDELEZ INTL INC	609207105	62,116	$4.2M	0.25%
49	UNION PAC CORP	UNP	16,049	$3.8M	0.23%
50	PFIZER INC	PFE	144,978	$3.7M	0.22%
51	SALESFORCE INC	CRM	13,609	$3.7M	0.22%
52	CITIGROUP INC	C-PR	48,693	$3.5M	0.21%
53	META PLATFORMS INC	META	5,592	$3.2M	0.19%
54	BERKSHIRE HATHAWAY INC DEL	BRK-A	4	$3.2M	0.19%
55	SPDR S&P 500 ETF TR	SPY	5,372	$3.0M	0.18%
56	BRISTOL-MYERS SQUIBB CO	CELG-RI	48,620	$3.0M	0.18%
57	ISHARES TR	464287465	35,956	$2.9M	0.18%
58	PEPSICO INC	PEP	19,327	$2.9M	0.17%
59	ISHARES TR	464287226	28,754	$2.8M	0.17%
60	ISHARES TR	464287507	47,859	$2.8M	0.17%
61	ABBOTT LABS	ABLZF	19,927	$2.6M	0.16%
62	EMERSON ELEC CO	EMR	24,078	$2.6M	0.16%
63	ISHARES TR	464287200	4,685	$2.6M	0.16%
64	MASCO CORP	MAS	37,415	$2.6M	0.16%
65	MICROSOFT CORP	MSFT	6,416	$2.4M	0.14%
66	INVESCO QQQ TR	IVZ	5,124	$2.4M	0.14%
67	HOME DEPOT INC	HD	6,471	$2.4M	0.14%
68	APPLE INC	AAPL	9,985	$2.2M	0.13%
69	NVIDIA CORPORATION	NVDA	18,747	$2.0M	0.12%
70	NVIDIA CORPORATION	NVDA	18,411	$2.0M	0.12%
71	VANGUARD SCOTTSDALE FDS	92206C870	23,778	$1.9M	0.12%
72	ISHARES TR	464287234	43,422	$1.9M	0.11%
73	VANGUARD INDEX FDS	922908363	3,691	$1.9M	0.11%
74	BERKSHIRE HATHAWAY INC DEL	BRK-A	3,547	$1.9M	0.11%
75	FISERV INC	FISV	8,316	$1.8M	0.11%
76	BROADCOM INC	AVGO	10,385	$1.7M	0.10%
77	VANGUARD SCOTTSDALE FDS	92206C706	29,004	$1.7M	0.10%
78	ISHARES TR	46434V803	47,256	$1.7M	0.10%
79	VANGUARD BD INDEX FDS	921937827	20,210	$1.6M	0.09%
80	ISHARES TR	464287432	17,044	$1.6M	0.09%
81	AGNICO EAGLE MINES LTD	AEM	14,279	$1.5M	0.09%
82	ISHARES TR	464287804	14,695	$1.5M	0.09%
83	VANGUARD INDEX FDS	922908363	2,650	$1.4M	0.08%
84	EXXON MOBIL CORP	XOM	11,087	$1.3M	0.08%
85	JPMORGAN CHASE & CO.	VYLD	5,172	$1.3M	0.08%
86	SCHWAB STRATEGIC TR	808524862	49,392	$1.2M	0.07%
87	ORACLE CORP	ORCL-PD	8,491	$1.2M	0.07%
88	AMAZON COM INC	AMZN	6,102	$1.2M	0.07%
89	ABBVIE INC	ABBV	5,428	$1.1M	0.07%
90	JOHNSON & JOHNSON	JNJ	6,492	$1.1M	0.06%
91	ISHARES TR	464288513	13,614	$1.1M	0.06%
92	THERMO FISHER SCIENTIFIC INC	TMO	2,122	$1.1M	0.06%
93	ALPHABET INC	GOOG	6,653	$1.0M	0.06%
94	GLOBAL X FDS	37954Y673	27,128	$1.0M	0.06%
95	VISA INC	V	2,841	$995,657	0.06%
96	CISCO SYS INC	CSCO	15,603	$962,861	0.06%
97	META PLATFORMS INC	META	1,670	$962,521	0.06%
98	PROCTER AND GAMBLE CO	742718109	5,516	$940,037	0.06%
99	HOME DEPOT INC	HD	2,549	$934,183	0.06%
100	AUTOMATIC DATA PROCESSING IN	ADP	2,949	$901,008	0.05%
101	ISHARES TR	464288687	28,465	$874,729	0.05%
102	VANGUARD SCOTTSDALE FDS	92206C409	10,946	$864,077	0.05%
103	AT&T INC	T-PC	30,230	$854,904	0.05%
104	ISHARES TR	46435UAA9	35,211	$851,402	0.05%
105	MCDONALDS CORP	MCD	2,721	$849,959	0.05%
106	ISHARES TR	464287689	2,560	$813,158	0.05%
107	FLEXSHARES TR	FLEX	20,887	$810,624	0.05%
108	ISHARES TR	464287655	3,971	$792,175	0.05%
109	VANGUARD INTL EQUITY INDEX F	922042742	6,650	$771,068	0.05%
110	ISHARES TR	46434VBD1	30,258	$760,989	0.05%
111	PEPSICO INC	PEP	5,070	$760,196	0.05%
112	ISHARES TR	46436E205	32,753	$757,577	0.05%
113	STRYKER CORPORATION	SYK	2,024	$753,434	0.04%
114	ISHARES TR	46435GAA0	30,798	$745,620	0.04%
115	ABBOTT LABS	ABLZF	5,362	$711,269	0.04%
116	AMERICAN EXPRESS CO	AXP	2,641	$710,561	0.04%
117	AMGEN INC	AMGN	2,264	$705,349	0.04%
118	VANGUARD SCOTTSDALE FDS	92206C771	14,927	$691,269	0.04%
119	CHEVRON CORP NEW	CVX	4,091	$684,383	0.04%
120	DISNEY WALT CO	254687106	6,865	$677,576	0.04%
121	VANGUARD INTL EQUITY INDEX F	922042858	14,938	$676,094	0.04%
122	ALPHABET INC	GOOG	4,232	$661,165	0.04%
123	MERCK & CO INC	MRK	7,358	$660,454	0.04%
124	QUALCOMM INC	QCOM	4,263	$654,839	0.04%
125	UNITEDHEALTH GROUP INC	UNH	1,214	$635,833	0.04%
126	AMPHENOL CORP NEW	032095101	9,600	$629,664	0.04%
127	MASTERCARD INCORPORATED	MA	1,143	$626,501	0.04%
128	SPDR SER TR	78464A284	24,438	$616,326	0.04%
129	SALESFORCE INC	CRM	2,228	$597,906	0.04%
130	GLACIER BANCORP INC NEW	GBCI	13,401	$592,592	0.04%
131	GOLDMAN SACHS GROUP INC	GSCE	1,064	$581,253	0.03%
132	DANAHER CORPORATION	235851102	2,810	$576,050	0.03%
133	REPUBLIC SVCS INC	760759100	2,371	$574,161	0.03%
134	UNION PAC CORP	UNP	2,323	$548,786	0.03%
135	ORACLE CORP	ORCL-PD	3,925	$548,754	0.03%
136	COSTCO WHSL CORP NEW	22160K105	580	$548,552	0.03%
137	ECOLAB INC	ECL	2,137	$541,772	0.03%
138	COCA COLA CO	KO	7,506	$537,580	0.03%
139	JOHNSON & JOHNSON	JNJ	3,226	$535,000	0.03%
140	ISHARES TR	46436E726	24,467	$531,423	0.03%
141	ALPHABET INC	GOOG	3,325	$519,465	0.03%
142	BLACKROCK INC	BLK	547	$517,725	0.03%
143	SHERWIN WILLIAMS CO	SHW	1,477	$515,754	0.03%
144	ISHARES TR	46435U515	20,047	$506,387	0.03%
145	ABBVIE INC	ABBV	2,392	$501,172	0.03%
146	WALMART INC	WMT	5,679	$498,559	0.03%
147	BADGER METER INC	BMI	2,581	$491,035	0.03%
148	DEERE & CO	DE	1,039	$487,655	0.03%
149	GENERAL DYNAMICS CORP	GD	1,780	$485,192	0.03%
150	VANGUARD INDEX FDS	922908629	1,868	$483,102	0.03%
151	VANGUARD INDEX FDS	922908751	2,057	$456,140	0.03%
152	VANGUARD INDEX FDS	922908553	4,962	$449,259	0.03%
153	DEERE & CO	DE	953	$447,291	0.03%
154	S&P GLOBAL INC	SPGI	875	$444,588	0.03%
155	LIMONEIRA CO	LMNR	25,000	$443,000	0.03%
156	ISHARES TR	46434V738	7,282	$438,012	0.03%
157	MERCK & CO INC	MRK	4,864	$436,593	0.03%
158	INTERCONTINENTAL EXCHANGE IN	45866F104	2,475	$426,938	0.03%
159	HONEYWELL INTL INC	438516106	2,000	$423,500	0.03%
160	INTERNATIONAL BUSINESS MACHS	INTR	1,698	$422,225	0.03%
161	NIKE INC	NKE	6,396	$406,018	0.02%
162	CHEVRON CORP NEW	CVX	2,347	$392,630	0.02%
163	THERMO FISHER SCIENTIFIC INC	TMO	769	$382,654	0.02%
164	VANGUARD TAX-MANAGED FDS	921943858	7,408	$376,549	0.02%
165	CUMMINS INC	CMI	1,200	$376,128	0.02%
166	CHURCH & DWIGHT CO INC	CHD	3,375	$371,554	0.02%
167	ISHARES TR	464287432	4,060	$369,582	0.02%
168	DISCOVER FINL SVCS	254709108	2,117	$361,372	0.02%
169	ISHARES TR	46434V647	14,514	$352,110	0.02%
170	THE CIGNA GROUP	125523100	1,069	$351,701	0.02%
171	ISHARES TR	46436E486	15,631	$324,343	0.02%
172	PAYCHEX INC	PAYX	2,094	$323,062	0.02%
173	DONALDSON INC	DCI	4,800	$321,888	0.02%
174	CATERPILLAR INC	CAT	960	$316,608	0.02%
175	ISHARES TR	464288273	4,907	$311,742	0.02%
176	PROCTER AND GAMBLE CO	742718109	1,813	$308,971	0.02%
177	US BANCORP DEL	USB-PS	7,159	$302,253	0.02%
178	BRISTOL-MYERS SQUIBB CO	CELG-RI	4,921	$300,132	0.02%
179	RTX CORPORATION	RTX	2,256	$298,830	0.02%
180	INVESCO EXCHANGE TRADED FD T	IVZ	1,718	$297,609	0.02%
181	HAWKINS INC	HWKN	2,800	$296,576	0.02%
182	INTERCONTINENTAL EXCHANGE IN	45866F104	1,685	$290,663	0.02%
183	VANGUARD INTL EQUITY INDEX F	922042775	4,700	$285,102	0.02%
184	TARGET CORP	TGT	2,675	$279,163	0.02%
185	BECTON DICKINSON & CO	BDX	1,208	$276,704	0.02%
186	MONDELEZ INTL INC	609207105	3,989	$270,654	0.02%
187	WILLIAMS COS INC	969457100	4,500	$268,920	0.02%
188	GRAINGER W W INC	384802104	270	$266,714	0.02%
189	VANGUARD INDEX FDS	922908736	713	$264,395	0.02%
190	COTERRA ENERGY INC	CTRA	8,929	$258,048	0.02%
191	KINDER MORGAN INC DEL	EP-PC	9,000	$256,770	0.02%
192	CVS HEALTH CORP	CVS	3,754	$254,334	0.02%
193	MARTIN MARIETTA MATLS INC	573284106	500	$239,065	0.01%
194	WILLIAMS SONOMA INC	WSM	1,500	$237,150	0.01%
195	ISHARES TR	464287374	5,175	$235,307	0.01%
196	COCA COLA CO	KO	3,200	$229,184	0.01%
197	MORGAN STANLEY	MS-PQ	1,953	$227,857	0.01%
198	VANGUARD INDEX FDS	922908629	863	$223,189	0.01%
199	AUTODESK INC	ADSK	850	$222,530	0.01%
200	MICRON TECHNOLOGY INC	MU	2,500	$217,225	0.01%
201	AMETEK INC	AME	1,261	$217,069	0.01%
202	INTEL CORP	INTC	9,395	$213,360	0.01%
203	VANGUARD INDEX FDS	922908744	1,228	$212,125	0.01%
204	INTERNATIONAL BUSINESS MACHS	INTR	850	$211,361	0.01%
205	PAYPAL HLDGS INC	PYPL	3,207	$209,257	0.01%
206	ISHARES TR	464288281	2,297	$208,085	0.01%
207	WASTE MGMT INC DEL	94106L109	896	$207,433	0.01%
208	ISHARES TR	464287119	2,500	$202,475	0.01%
209	ISHARES TR	46438G653	7,836	$202,054	0.01%
210	VISA INC	V	575	$201,515	0.01%
211	ILLINOIS TOOL WKS INC	452308109	808	$200,392	0.01%
212	MEDTRONIC PLC	MDT	2,227	$200,118	0.01%
213	MASTERCARD INCORPORATED	MA	359	$196,775	0.01%
214	VANGUARD INTL EQUITY INDEX F	922042858	4,203	$190,228	0.01%
215	AUTOMATIC DATA PROCESSING IN	ADP	620	$189,429	0.01%
216	INTEL CORP	INTC	8,300	$188,493	0.01%
217	COLGATE PALMOLIVE CO	CL	1,966	$184,214	0.01%
218	SCHWAB CHARLES CORP	SCHW-PJ	2,290	$179,261	0.01%
219	WELLS FARGO CO NEW	949746101	2,486	$178,470	0.01%
220	QUALCOMM INC	QCOM	1,100	$168,971	0.01%
221	ILLINOIS TOOL WKS INC	452308109	636	$157,734	0.01%
222	THE CIGNA GROUP	125523100	479	$157,591	0.01%
223	CONOCOPHILLIPS	COP	1,493	$156,795	0.01%
224	LOWES COS INC	548661107	662	$154,398	0.01%
225	SPDR S&P 500 ETF TR	SPY	275	$153,832	0.01%
226	ARCOS DORADOS HOLDINGS INC	ARCO	19,020	$153,301	0.01%
227	MEDTRONIC PLC	MDT	1,650	$148,269	0.01%
228	DANAHER CORPORATION	235851102	723	$148,215	0.01%
229	GENERAL DYNAMICS CORP	GD	515	$140,379	0.01%
230	PHILLIPS 66	PSX	1,108	$136,816	0.01%
231	COLGATE PALMOLIVE CO	CL	1,375	$128,838	0.01%
232	INVESCO QUALITY MUN INCOME T	IVZ	12,511	$121,106	0.01%
233	FISERV INC	FISV	543	$119,911	0.01%
234	MORGAN STANLEY	MS-PQ	1,000	$116,670	0.01%
235	CONOCOPHILLIPS	COP	1,032	$108,381	0.01%
236	RTX CORPORATION	RTX	808	$107,028	0.01%
237	PHILLIPS 66	PSX	830	$102,488	0.01%
238	ISHARES TR	46436E130	3,953	$101,039	0.01%
239	ISHARES TR	46436E312	4,037	$100,885	0.01%
240	EXXON MOBIL CORP	XOM	804	$95,620	0.01%
241	GOLDMAN SACHS GROUP INC	GSCE	169	$92,323	0.01%
242	ISHARES TR	464287374	1,913	$86,984	0.01%
243	BLACKROCK INC	BLK	89	$84,237	0.01%
244	STRYKER CORPORATION	SYK	224	$83,384	0.00%
245	VANGUARD INDEX FDS	922908751	345	$76,504	0.00%
246	PFIZER INC	PFE	2,959	$74,981	0.00%
247	WARNER BROS DISCOVERY INC	WBD	6,768	$72,621	0.00%
248	WELLS FARGO CO NEW	949746101	1,000	$71,790	0.00%
249	SCHWAB CHARLES CORP	SCHW-PJ	841	$65,833	0.00%
250	UNDER ARMOUR INC	UA	10,350	$64,688	0.00%
251	NIKE INC	NKE	1,015	$64,432	0.00%
252	VANGUARD INDEX FDS	922908553	650	$58,851	0.00%
253	COTERRA ENERGY INC	CTRA	2,005	$57,945	0.00%
254	WARNER BROS DISCOVERY INC	WBD	5,228	$56,096	0.00%
255	VANGUARD TAX-MANAGED FDS	921943858	994	$50,525	0.00%
256	AUTODESK INC	ADSK	175	$45,815	0.00%
257	SELECT SECTOR SPDR TR	81369Y803	201	$41,502	0.00%
258	INVESCO QQQ TR	IVZ	85	$39,858	0.00%
259	S&P GLOBAL INC	SPGI	77	$39,124	0.00%
260	SHERWIN WILLIAMS CO	SHW	101	$35,268	0.00%
261	CHURCH & DWIGHT CO INC	CHD	287	$31,596	0.00%
262	ECOLAB INC	ECL	114	$28,901	0.00%
263	SELECT SECTOR SPDR TR	81369Y209	186	$27,158	0.00%
264	DISCOVER FINL SVCS	254709108	156	$26,629	0.00%
265	GRAINGER W W INC	384802104	25	$24,696	0.00%
266	SELECT SECTOR SPDR TR	81369Y852	243	$23,437	0.00%
267	VANGUARD INTL EQUITY INDEX F	922042742	200	$23,190	0.00%
268	SELECT SECTOR SPDR TR	81369Y605	433	$21,568	0.00%
269	SELECT SECTOR SPDR TR	81369Y506	206	$19,251	0.00%
270	SELECT SECTOR SPDR TR	81369Y704	121	$15,859	0.00%
271	ISHARES TR	464287226	150	$14,838	0.00%
272	KINDER MORGAN INC DEL	EP-PC	475	$13,552	0.00%
273	SELECT SECTOR SPDR TR	81369Y308	132	$10,780	0.00%
274	SELECT SECTOR SPDR TR	81369Y886	135	$10,645	0.00%
275	SELECT SECTOR SPDR TR	81369Y860	242	$10,128	0.00%
276	CITIGROUP INC	C-PR	137	$9,726	0.00%
277	PALO ALTO NETWORKS INC	PANW	55	$9,385	0.00%
278	SELECT SECTOR SPDR TR	81369Y407	41	$8,096	0.00%
279	SELECT SECTOR SPDR TR	81369Y100	91	$7,824	0.00%
280	SPDR SER TR	78464A862	38	$7,629	0.00%
281	ISHARES TR	464287556	59	$7,546	0.00%
282	ISHARES TR	464287523	37	$6,962	0.00%
283	CVS HEALTH CORP	CVS	100	$6,775	0.00%
284	BLACKSTONE INC	BX	48	$6,709	0.00%
285	BECTON DICKINSON & CO	BDX	29	$6,643	0.00%
286	SPDR SER TR	78464A698	115	$6,538	0.00%
287	PAYPAL HLDGS INC	PYPL	100	$6,525	0.00%
288	WILLIAMS COS INC	969457100	109	$6,514	0.00%
289	US BANCORP DEL	USB-PS	120	$5,066	0.00%
290	MASCO CORP	MAS	69	$4,798	0.00%
291	EMERSON ELEC CO	EMR	35	$3,837	0.00%
292	MICRON TECHNOLOGY INC	MU	6	$521	0.00%