Cliff Asness's FIBK Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 168,281 shares of First Interstate BancSystem, Inc. (FIBK) worth $5.82 M, representing 0.00% of the portfolio. First purchased in 2013-Q3, this long-term strategic position has been held for 43 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in FIBK, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2014, adding 96,429 shares. Largest reduction occurred in Q2 2017, reducing 79,548 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's First Interstate BancSystem (FIBK) Holding Value Over Time
Track share changes against reported price movement
Quarterly First Interstate BancSystem (FIBK) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q3 2013 | +131,916 | New Buy | 131,916 | $24.15 |
| Q4 2013 | +65,944 | Add 49.99% | 197,860 | $28.37 |
| Q1 2014 | +96,429 | Add 48.74% | 294,289 | $28.22 |
| Q2 2014 | +52,400 | Add 17.81% | 346,689 | $27.18 |
| Q3 2014 | -23,000 | Reduce 6.63% | 323,689 | $26.57 |
| Q4 2014 | +38,614 | Add 11.93% | 362,303 | $27.82 |
| Q1 2015 | -18,781 | Reduce 5.18% | 343,522 | $27.82 |
| Q2 2015 | +8,400 | Add 2.45% | 351,922 | $27.74 |
| Q3 2015 | -16,848 | Reduce 4.79% | 335,074 | $27.84 |
| Q4 2015 | +21,239 | Add 6.34% | 356,313 | $29.07 |
| Q1 2016 | +82,956 | Add 23.28% | 439,269 | $28.13 |
| Q2 2016 | -28,836 | Reduce 6.56% | 410,433 | $28.10 |
| Q3 2016 | -5,595 | Reduce 1.36% | 404,838 | $31.51 |
| Q4 2016 | -11,940 | Reduce 2.95% | 392,898 | $42.55 |
| Q1 2017 | -48,399 | Reduce 12.32% | 344,499 | $39.65 |
| Q2 2017 | -79,548 | Reduce 23.09% | 264,951 | $37.20 |
| Q3 2017 | -4,492 | Reduce 1.70% | 260,459 | $38.25 |
| Q4 2017 | -45,337 | Reduce 17.41% | 215,122 | $40.05 |
| Q1 2018 | -21,057 | Reduce 9.79% | 194,065 | $39.55 |
| Q2 2018 | -1,331 | Reduce 0.69% | 192,734 | $42.20 |
| Q3 2018 | -62,613 | Reduce 32.49% | 130,121 | $44.80 |
| Q4 2018 | -37,223 | Reduce 28.61% | 92,898 | $36.56 |
| Q1 2019 | -34,870 | Reduce 37.54% | 58,028 | $39.83 |
| Q2 2019 | -346 | Reduce 0.60% | 57,682 | $39.61 |
| Q4 2019 | -1,323 | Reduce 2.29% | 56,359 | $41.93 |
| Q1 2020 | -29,411 | Reduce 52.19% | 26,948 | $28.83 |
| Q3 2020 | -3,956 | Reduce 14.68% | 22,992 | $31.84 |
| Q4 2020 | -17,131 | Reduce 74.51% | 5,861 | $40.78 |
| Q1 2021 | +657 | Add 11.21% | 6,518 | $46.03 |
| Q2 2021 | +1,327 | Add 20.36% | 7,845 | $41.81 |
| Q4 2021 | -7,845 | Sold Out | 0 | $0.00 |
| Q4 2022 | +12,296 | New Buy | 12,296 | $38.65 |
| Q1 2023 | -12,296 | Sold Out | 0 | $0.00 |
| Q2 2024 | +8,712 | New Buy | 8,712 | $27.77 |
| Q3 2024 | +50,677 | Add 581.69% | 59,389 | $30.68 |
| Q4 2024 | -10,385 | Reduce 17.49% | 49,004 | $32.47 |
| Q1 2025 | +18,210 | Add 37.16% | 67,214 | $28.65 |
| Q2 2025 | +66,355 | Add 98.72% | 133,569 | $28.82 |
| Q3 2025 | +19,138 | Add 14.33% | 152,707 | $31.87 |
| Q4 2025 | +15,574 | Add 10.20% | 168,281 | $34.60 |
Cliff Asness's First Interstate BancSystem Investment FAQs
Cliff Asness first purchased First Interstate BancSystem, Inc. (FIBK) in Q3 2013, acquiring 131,916 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held First Interstate BancSystem, Inc. (FIBK) for 43 quarters since Q3 2013.
Cliff Asness's largest addition to First Interstate BancSystem, Inc. (FIBK) was in Q3 2013, adding 131,916 shares worth $3.19 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 168,281 shares of First Interstate BancSystem, Inc. (FIBK), valued at approximately $5.82 M.
As of the Q4 2025 filing, First Interstate BancSystem, Inc. (FIBK) represents approximately 0.00% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in First Interstate BancSystem, Inc. (FIBK) was 439,269 shares, as reported at the end of Q1 2016.