Institutional Manager · CIK 0001125727
FIRST INTERSTATE BANK
BILLINGS, MT · File #028-05949
Latest AUM
$1.86B
Positions
315
Top-10 Concentration
63.7%
Filings
12
Sector Allocation
Filing History
View all filings →- 13F HOLDINGS REPORTQ/E Dec 2025315 pos · $1.86B
- 13F HOLDINGS REPORTQ/E Sep 2025328 pos · $1.81B
- 13F HOLDINGS REPORTQ/E Jun 2025307 pos · $1.70B
- 13F HOLDINGS REPORTQ/E Mar 2025292 pos · $1.67B
- 13F HOLDINGS REPORTQ/E Dec 2024304 pos · $1.65B
- 13F HOLDINGS REPORTQ/E Sep 2024326 pos · $1.65B
- 13F HOLDINGS REPORTQ/E Jun 2024295 pos · $1.51B
- 13F HOLDINGS REPORTQ/E Mar 2024293 pos · $1.44B
- 13F HOLDINGS REPORTQ/E Dec 2023297 pos · $1.16B
- 13F HOLDINGS REPORTQ/E Sep 2023291 pos · $1.21B
- 13F HOLDINGS REPORTQ/E Jun 2023322 pos · $1.31B
- 13F HOLDINGS REPORTQ/E Mar 2023337 pos · $1.4M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | VANGUARD SCOTTSDALE FDS | 92206C870 | 1,792,606 | $150.1M | 8.99% |
| 2 | INVESCO EXCHANGE TRADED FD T | IVZ | 753,529 | $144.3M | 8.65% |
| 3 | ISHARES TR | 464287200 | 198,305 | $135.8M | 8.14% |
| 4 | FIRST INTST BANCSYSTEM INC | 32055Y201 | 3,775,139 | $130.6M | 7.83% |
| 5 | VANGUARD SCOTTSDALE FDS | 92206C706 | 1,698,821 | $101.8M | 6.10% |
| 6 | ISHARES TR | 464287507 | 1,473,037 | $97.2M | 5.82% |
| 7 | ISHARES TR | 464288687 | 2,876,370 | $89.1M | 5.34% |
| 8 | ISHARES TR | 464287804 | 660,821 | $79.4M | 4.76% |
| 9 | VANGUARD MALVERN FDS | 922020805 | 1,371,917 | $67.9M | 4.07% |
| 10 | FLEXSHARES TR | FLEX | 1,445,879 | $66.3M | 3.97% |
| 11 | VANGUARD SCOTTSDALE FDS | 92206C771 | 1,318,758 | $62.1M | 3.72% |
| 12 | ISHARES TR | 46434V803 | 1,379,650 | $57.1M | 3.42% |
| 13 | GLOBAL X FDS | 37954Y673 | 1,184,170 | $56.6M | 3.39% |
| 14 | ISHARES TR | 46436E130 | 1,897,260 | $49.6M | 2.97% |
| 15 | SELECT SECTOR SPDR TR | 81369Y803 | 254,361 | $36.6M | 2.19% |
| 16 | FIRST INTST BANCSYSTEM INC | 32055Y201 | 890,143 | $30.8M | 1.85% |
| 17 | APPLE INC | AAPL | 70,169 | $19.1M | 1.14% |
| 18 | SELECT SECTOR SPDR TR | 81369Y209 | 116,682 | $18.1M | 1.08% |
| 19 | MICROSOFT CORP | MSFT | 36,425 | $17.6M | 1.06% |
| 20 | SELECT SECTOR SPDR TR | 81369Y852 | 143,583 | $16.9M | 1.01% |