FIRST INTERSTATE BANK

Filed: 1/30/2024ACC: 0001125727-24-000003

📋 What this filing means

FIRST INTERSTATE BANK filed this quarterly 13F‑HR report disclosing 159 equity positions with a total reported market value of $1.35B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

159

Positions

$1.35B

Total AUM (reported)

19.68M

Total Shares

Allocation by class

COM$366.91M27.2%

CORE S&P500 ETF$166.27M12.3%

INT-TERM CORP$136.87M10.1%

INTER TERM TREAS$131.34M9.7%

CORE S&P MCP ETF$75.19M5.6%

HDG MSCI EAFE$56.00M4.2%

CORE S&P SCP ETF$54.12M4.0%

Portfolio Concentration

Top 3$459.49M34.1%

4–10$426.49M31.6%

11–25$219.82M16.3%

Rest$243.40M18.0%

Top 3 weight

34.1%

Top 10 weight

65.7%

Voting Authority Distribution

Total shares with voting rights: 19.68M

Sole

Full voting authority

14.29M

% of voting shares72.6%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

5.39M

% of voting shares27.4%

Investment Discretion (by position count)

Sole24

Shared0

Other135

Dominant voting typeSole · 72.6% of voting shares

Institutional Holdings159

Rows:

ISHARES

DFND

CORE S&P500 ETF

Shares348.12K

TypeSH

Market value$166.27M

12.32%

Sole

347.92K

Shared

0.00

None

200.00

First Interstate BancSystem In

DFND

COM

Shares5.08M

TypeSH

Market value$156.35M

11.59%

Sole

65.76K

Shared

0.00

None

5.02M

VANGUARD ETF/USA

DFND

INT-TERM CORP

Shares1.68M

TypeSH

Market value$136.87M

10.14%

Sole

1.68M

Shared

0.00

None

2.88K

Vanguard ETF/USA

DFND

INTER TERM TREAS

Shares2.21M

TypeSH

Market value$131.34M

9.73%

Sole

2.20M

Shared

0.00

None

14.85K

BlackRock Fund Advisors

DFND

CORE S&P MCP ETF

Shares271.30K

TypeSH

Market value$75.19M

5.57%

Sole

270.89K

Shared

0.00

None

411.00

BLACKROCK FUND ADVISORS

DFND

HDG MSCI EAFE

Shares1.78M

TypeSH

Market value$56.00M

4.15%

Sole

1.77M

Shared

0.00

None

7.48K

BlackRock Fund Advisors

DFND

CORE S&P SCP ETF

Shares499.91K

TypeSH

Market value$54.12M

4.01%

Sole

498.45K

Shared

0.00

None

1.46K

BlackRock Fund Advisors

DFND

PFD AND INCM SEC

Shares1.42M

TypeSH

Market value$44.31M

3.28%

Sole

1.42M

Shared

0.00

None

2.15K

BlackRock Fund Advisors

DFND

CORE MSCI EURO

Shares725.19K

TypeSH

Market value$39.90M

2.96%

Sole

724.54K

Shared

0.00

None

656.00

SELECT SECTOR SPDR

DFND

TECHNOLOGY

Shares133.19K

TypeSH

Market value$25.64M

1.90%

Sole

132.83K

Shared

0.00

None

360.00

iShares ETFs/USA

DFND

None

Shares898.67K

TypeSH

Market value$22.67M

1.68%

Sole

890.40K

Shared

0.00

None

8.28K

SELECT SECTOR SPDR

DFND

SBI HEALTHCARE

Shares164.67K

TypeSH

Market value$22.46M

1.66%

Sole

164.11K

Shared

0.00

None

556.00

iShares ETFs/USA

DFND

None

Shares753.42K

TypeSH

Market value$19.48M

1.44%

Sole

745.39K

Shared

0.00

None

8.02K

MICROSOFT CORP

DFND

COM

Shares50.36K

TypeSH

Market value$18.94M

1.40%

Sole

43.31K

Shared

0.00

None

7.05K

Apple Inc

DFND

COM

Shares97.60K

TypeSH

Market value$18.79M

1.39%

Sole

87.14K

Shared

0.00

None

10.46K

iShares ETFs/USA

DFND

CORE US AGGBD ET

Shares183.42K

TypeSH

Market value$18.20M

1.35%

Sole

183.22K

Shared

0.00

None

200.00

Amazon.com Inc

DFND

COM

Shares108.69K

TypeSH

Market value$16.51M

1.22%

Sole

103.59K

Shared

0.00

None

5.10K

SELECT SECTOR SPDR

DFND

ENERGY

Shares170.09K

TypeSH

Market value$14.26M

1.06%

Sole

169.48K

Shared

0.00

None

607.00

State Street Global Advisors Inc

DFND

INDL

Shares110.38K

TypeSH

Market value$12.58M

0.93%

Sole

109.93K

Shared

0.00

None

453.00

ALPHABET INC

DFND

CAP STK CL A

Shares75.16K

TypeSH

Market value$10.50M

0.78%

Sole

69.27K

Shared

0.00

None

5.89K

SSgA Funds Management Inc

DFND

COMMUNICATION

Shares133.10K

TypeSH

Market value$9.67M

0.72%

Sole

132.98K

Shared

0.00

None

119.00

LOWE'S COS INC

DFND

COM

Shares42.78K

TypeSH

Market value$9.52M

0.71%

Sole

42.19K

Shared

0.00

None

588.00

SELECT SECTOR SPDR

DFND

FINANCIAL

Shares240.45K

TypeSH

Market value$9.04M

0.67%

Sole

239.43K

Shared

0.00

None

1.02K

Berkshire Hathaway Inc

DFND

CL B NEW

Shares25.29K

TypeSH

Market value$9.02M

0.67%

Sole

22.04K

Shared

0.00

None

3.25K

State Street Global Advisors Inc

DFND

S&P SEMICNDCTR

Shares36.36K

TypeSH

Market value$8.17M

0.61%

Sole

36.32K

Shared

0.00

None

44.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARESDFND	CORE S&P500 ETF	348.12K	SH	$166.27M 12.32%	347.92K	200.00
First Interstate BancSystem InDFND	COM	5.08M	SH	$156.35M 11.59%	65.76K	5.02M
VANGUARD ETF/USADFND	INT-TERM CORP	1.68M	SH	$136.87M 10.14%	1.68M	2.88K
Vanguard ETF/USADFND	INTER TERM TREAS	2.21M	SH	$131.34M 9.73%	2.20M	14.85K
BlackRock Fund AdvisorsDFND	CORE S&P MCP ETF	271.30K	SH	$75.19M 5.57%	270.89K	411.00
BLACKROCK FUND ADVISORSDFND	HDG MSCI EAFE	1.78M	SH	$56.00M 4.15%	1.77M	7.48K
BlackRock Fund AdvisorsDFND	CORE S&P SCP ETF	499.91K	SH	$54.12M 4.01%	498.45K	1.46K
BlackRock Fund AdvisorsDFND	PFD AND INCM SEC	1.42M	SH	$44.31M 3.28%	1.42M	2.15K
BlackRock Fund AdvisorsDFND	CORE MSCI EURO	725.19K	SH	$39.90M 2.96%	724.54K	656.00
SELECT SECTOR SPDRDFND	TECHNOLOGY	133.19K	SH	$25.64M 1.90%	132.83K	360.00
iShares ETFs/USADFND	None	898.67K	SH	$22.67M 1.68%	890.40K	8.28K
SELECT SECTOR SPDRDFND	SBI HEALTHCARE	164.67K	SH	$22.46M 1.66%	164.11K	556.00
iShares ETFs/USADFND	None	753.42K	SH	$19.48M 1.44%	745.39K	8.02K
MICROSOFT CORPDFND	COM	50.36K	SH	$18.94M 1.40%	43.31K	7.05K
Apple IncDFND	COM	97.60K	SH	$18.79M 1.39%	87.14K	10.46K
iShares ETFs/USADFND	CORE US AGGBD ET	183.42K	SH	$18.20M 1.35%	183.22K	200.00
Amazon.com IncDFND	COM	108.69K	SH	$16.51M 1.22%	103.59K	5.10K
SELECT SECTOR SPDRDFND	ENERGY	170.09K	SH	$14.26M 1.06%	169.48K	607.00
State Street Global Advisors IncDFND	INDL	110.38K	SH	$12.58M 0.93%	109.93K	453.00
ALPHABET INCDFND	CAP STK CL A	75.16K	SH	$10.50M 0.78%	69.27K	5.89K
SSgA Funds Management IncDFND	COMMUNICATION	133.10K	SH	$9.67M 0.72%	132.98K	119.00
LOWE'S COS INCDFND	COM	42.78K	SH	$9.52M 0.71%	42.19K	588.00
SELECT SECTOR SPDRDFND	FINANCIAL	240.45K	SH	$9.04M 0.67%	239.43K	1.02K
Berkshire Hathaway IncDFND	CL B NEW	25.29K	SH	$9.02M 0.67%	22.04K	3.25K
State Street Global Advisors IncDFND	S&P SEMICNDCTR	36.36K	SH	$8.17M 0.61%	36.32K	44.00

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