First Interstate Bank
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 24, 2026), First Interstate Bank reported 196 stock positions worth $1.9 billion. Its top holding was First Interstate Bancsys-A (FIBK) at 9.3% of the portfolio, followed by Vanguard Int-Term Corporate (VCIT, 9.3%) and iShares Core S&P 500 ETF (IVV, 8.3%). Compared with Q1 2026, it opened 17 new positions, sold out of 8, added to 61 and reduced 74. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +4%) and the biggest sale iShares Ibonds Dec 2033 (IBDY, shares −94%).
- Most Recent 13F
- Q2 2026
- Location
- Billings, MT
- CIK
- 0001125727
- Portfolio Value
- $1.9B (Q2 2026)
- SEC Filing
- 0001125727-26-000014 ↗ filed Jul 24, 2026
Holdings Value
Holdings 196 stocks · $1.9B
| FIBK First Interstate Bancsys-A | 9.28% | 4,614,432 | $177.9M | Reduce -0.8% |
| VCIT Vanguard Int-Term Corporate | 9.26% | 2,148,198 | $177.5M | Add +10.5% |
| IVV iShares Core S&P 500 ETF | 8.34% | 213,448 | $159.8M | Add +3.5% |
| RSP Invesco S&P 500 Equal Weight | 8.11% | 730,736 | $155.5M | Reduce -4.0% |
| IJH iShares Core S&P Midcap ETF | 6.29% | 1,563,909 | $120.6M | Add +1.0% |
| VGIT Vanguard Intermediate-Term T | 5.93% | 1,927,652 | $113.7M | Add +7.1% |
| IJR iShares Core S&P Small-Cap E | 5.08% | 657,052 | $97.4M | Reduce -3.3% |
| PFF iShares Preferred & Income S | 4.86% | 3,052,764 | $93.1M | Add +5.3% |
| VTIP Vanguard Short-Term Tips | 4.11% | 1,568,915 | $78.8M | Add +3.2% |
| VMBS Vanguard Mortgage-Backed Sec | 3.59% | 1,467,793 | $68.7M | Add +6.4% |
| GUNR NT Mstar GLBL NR ETF | 3.27% | 1,272,602 | $62.7M | Reduce -3.2% |
| XLK SS Technology Select Sector | 2.47% | 248,803 | $47.4M | Reduce -4.3% |
| PAVE Global X US Infrastructure | 2.32% | 755,645 | $44.5M | Reduce -1.0% |
| AAPL Apple Inc. | 1.15% | 76,399 | $22.1M | Reduce -3.5% |
| GOOGL Alphabet Inc. Class A | 1.10% | 59,031 | $21.1M | Add +0.5% |
| XLI SS Industrial Select Sector | 1.03% | 107,075 | $19.8M | Add +15.7% |
| XLV SS Health Care Select Sector | 0.93% | 112,753 | $17.9M | Reduce -1.9% |
| AMZN Amazon.com Inc. | 0.85% | 68,632 | $16.4M | Add +0.5% |
| XLC SS Comm Select Sector SPDR | 0.83% | 147,712 | $15.8M | Add +0.8% |
| XSD SS SPDR S&P Semiconductor | 0.82% | 25,137 | $15.7M | Reduce -4.4% |
| PANW Palo Alto Networks Inc. | 0.81% | 45,696 | $15.6M | Reduce -2.1% |
| MSFT Microsoft Corp. | 0.81% | 41,559 | $15.5M | Reduce -0.9% |
| CSCO Cisco Systems Inc. | 0.78% | 126,563 | $14.9M | Reduce -3.5% |
| XLF SS Financial Select Sector | 0.69% | 246,550 | $13.2M | Reduce -0.5% |
| XLE SS Energy Select Sector | 0.57% | 206,153 | $10.9M | Reduce -0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.57% | 21,694 | $10.9M | Reduce -0.7% |
| JPM JPMorgan Chase & Co. | 0.51% | 29,970 | $9.8M | Add +1.5% |
| IBB iShares Biotechnology ETF | 0.40% | 40,526 | $7.7M | Reduce -1.4% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.40% | 169,858 | $7.7M | Reduce -2.3% |
| CGHM Cap Group Muni High-Income | 0.39% | 290,676 | $7.5M | Add +49.5% |
| XLRE SS Real Estate Select Sector | 0.37% | 159,445 | $7.0M | Reduce -3.0% |
| AXP American Express Co. | 0.37% | 20,721 | $7.0M | Add +0.8% |
| XLB SS Materials Select Sector | 0.35% | 133,863 | $6.8M | Reduce -1.0% |
| XLY SS Consumer Disc Select Sect | 0.35% | 57,152 | $6.7M | Add +0.5% |
| XLP SS Consumer Staples Sel Sect | 0.34% | 77,282 | $6.4M | Reduce -1.7% |
| NVDA Nvidia Corp. | 0.33% | 31,915 | $6.4M | Add +2.3% |
| WMT Walmart Inc. | 0.32% | 54,897 | $6.2M | Reduce -1.5% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.32% | 130,124 | $6.1M | Reduce -5.4% |
| PFFD Global X US Preferred ETF | 0.31% | 321,320 | $6.0M | Add +57.0% |
| COST Costco Wholesale Corp. | 0.31% | 6,399 | $6.0M | Add +0.4% |
| MCD McDonald's Corp. | 0.31% | 22,086 | $6.0M | Add +0.3% |
| C Citigroup Inc. | 0.31% | 42,574 | $6.0M | Reduce -2.9% |
| PSP Invesco Global Listed Privat | 0.30% | 104,099 | $5.8M | New |
| BUG Global X Cybersecurity ETF | 0.30% | 150,305 | $5.7M | Reduce -1.7% |
| IEF iShares 7-10 Year Treasury B | 0.28% | 57,684 | $5.5M | Add +7.5% |
| KRE SS SPDR S&P Regional Bank | 0.28% | 70,749 | $5.3M | Reduce -2.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.27% | 6,989 | $5.2M | Add +10.5% |
| GSEW Goldman Sachs Eql WGHT Large | 0.27% | 54,987 | $5.2M | Reduce -4.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.26% | 52,317 | $5.0M | Reduce -1.4% |
| UNP Union Pacific Corp. | 0.25% | 17,579 | $4.8M | Add +0.5% |
| LOW Lowe's Cos Inc. | 0.24% | 20,872 | $4.6M | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 0.23% | 7,655 | $4.3M | Add +5.8% |
| EFA iShares MSCI Eafe ETF | 0.22% | 39,997 | $4.2M | Reduce -5.1% |
| VOO Vanguard S&P 500 ETF | 0.20% | 5,689 | $3.9M | Reduce -2.5% |
| AVGO Broadcom Inc. | 0.20% | 10,266 | $3.9M | Add +0.5% |
| CRM Salesforce Inc. | 0.20% | 24,417 | $3.8M | Add +0.6% |
| ABT Abbott Laboratories | 0.19% | 39,850 | $3.6M | Reduce -7.1% |
| EEM iShares MSCI Emerging Market | 0.18% | 50,954 | $3.5M | Reduce -13.1% |
| REVS Columbia Resear Enh Val ETF | 0.18% | 109,803 | $3.5M | Add +137.9% |
| HD Home Depot Inc. | 0.17% | 9,331 | $3.3M | Add +4.0% |
| AGG iShares Core U.S. Aggregate | 0.16% | 31,467 | $3.1M | Add +3.4% |
| IBDY iShares Ibonds Dec 2033 Corp. | 0.16% | 119,680 | $3.1M | Reduce -93.8% |
| PFE Pfizer Inc. | 0.16% | 127,285 | $3.1M | Reduce -3.0% |
| EMR Emerson Electric Co. | 0.16% | 20,887 | $3.0M | Reduce -2.7% |
| CAT Caterpillar Inc. | 0.15% | 2,716 | $2.9M | Reduce -2.6% |
| HYMB SS SPDR N Ice HY Muni ETF | 0.14% | 106,385 | $2.7M | Add +189.3% |
| IHI iShares U.S. Medical Devices | 0.13% | 50,622 | $2.5M | Reduce -0.5% |
| JNJ Johnson & Johnson | 0.12% | 9,051 | $2.3M | Add +4.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.12% | 3 | $2.2M | No change |
| AEM Agnico Eagle Mines Ltd. | 0.12% | 14,279 | $2.2M | No change |
| BKLN Invesco Senior Loan ETF | 0.11% | 106,982 | $2.2M | Add +250.0% |
| BSV Vanguard Short-Term Bond ETF | 0.11% | 26,743 | $2.1M | Add +8.6% |
| INTC Intel Corp. | 0.11% | 14,824 | $2.1M | Reduce -16.0% |
| XOM Exxon Mobil Corp. | 0.11% | 15,130 | $2.1M | Add +22.6% |
| MRK Merck & Co. Inc. | 0.11% | 15,822 | $2.0M | No change |
| MPC Marathon Petroleum Corp. | 0.11% | 7,949 | $2.0M | No change |
| GOOG Alphabet Inc. Class C | 0.10% | 5,539 | $2.0M | Reduce -19.2% |
| ORCL Oracle Corp. | 0.10% | 13,132 | $1.9M | Add +6.2% |
| PSX Phillips 66 | 0.09% | 10,477 | $1.8M | No change |
| APH Amphenol Corp. Class A | 0.09% | 9,600 | $1.7M | No change |
| KO The Coca-Cola Co. | 0.09% | 20,567 | $1.7M | Add +47.5% |
| ITOT iShares Core S&P Total U.S. | 0.09% | 10,168 | $1.7M | Reduce -18.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.09% | 5,388 | $1.6M | Add +13.3% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.08% | 20,327 | $1.6M | Add +49.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.08% | 18,780 | $1.6M | Reduce -5.2% |
| ABBV Abbvie Inc. | 0.08% | 5,964 | $1.5M | Add +5.3% |
| DE Deere & Co. | 0.08% | 2,282 | $1.4M | Add +6.9% |
| CVX Chevron Corp. | 0.07% | 8,238 | $1.4M | Add +33.7% |
| TMO Thermo Fisher Scientific Inc. | 0.07% | 2,716 | $1.4M | Add +6.0% |
| GS Goldman Sachs Group Inc. | 0.07% | 1,321 | $1.3M | Add +17.8% |
| VWO Vanguard Ftse Emerging Marke | 0.07% | 21,516 | $1.3M | Add +5.0% |
| GE General Electric filed as GE AEROSPACE | 0.07% | 3,384 | $1.3M | No change |
| JCI Johnson Controls Internation | 0.06% | 8,490 | $1.2M | Reduce -9.5% |
| ADP Automatic Data Processing | 0.06% | 4,833 | $1.1M | Add +10.0% |
| PG The Procter & Gamble Co. | 0.06% | 7,379 | $1.1M | Add +4.0% |
| WFC Wells Fargo & Co. | 0.06% | 13,084 | $1.1M | Reduce -2.6% |
| BAC Bank of America Corp. | 0.05% | 18,400 | $1.0M | Add +1.2% |
| VT Vanguard Tot World STK ETF | 0.05% | 6,650 | $1.0M | No change |
| GEV GE Vernova Inc. | 0.05% | 840 | $987K | No change |
| TRP TC Energy Corp. | 0.05% | 14,700 | $974K | Reduce -3.3% |
Portfolio Sells Q1 2026 → Q2 2026
| IBDY iShares Ibonds Dec 2033 Corp. | Reduce -93.8% | 0.16% | −2.66 |
| GUNR NT Mstar GLBL NR ETF | Reduce -3.2% | 3.27% | −0.80 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.31 |
| BX Blackstone Inc. | Reduce -94.3% | 0.01% | −0.21 |
| MDLZ Mondelez International Inc. Class A | Reduce -88.6% | 0.02% | −0.17 |
| XLE SS Energy Select Sector | Reduce -0.2% | 0.57% | −0.14 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −0.13 |
| RSP Invesco S&P 500 Equal Weight | Reduce -4.0% | 8.11% | −0.10 |
| WMT Walmart Inc. | Reduce -1.5% | 0.32% | −0.07 |
| MSFT Microsoft Corp. | Reduce -0.9% | 0.81% | −0.06 |
| ABT Abbott Laboratories | Reduce -7.1% | 0.19% | −0.06 |
| PFE Pfizer Inc. | Reduce -3.0% | 0.16% | −0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -2.3% | 0.40% | −0.05 |
| LOW Lowe's Cos Inc. | Reduce -0.6% | 0.24% | −0.04 |
| PEP Pepsico Inc. | Reduce -43.3% | 0.03% | −0.03 |
| BMI Badger Meter Inc. | Sold out | 0.00% | −0.03 |
| BA The Boeing Co. | Reduce -40.3% | 0.04% | −0.03 |
| XLP SS Consumer Staples Sel Sect | Reduce -1.7% | 0.34% | −0.03 |
| DIS The Walt Disney Co. | Reduce -1.4% | 0.26% | −0.02 |
| XLB SS Materials Select Sector | Reduce -1.0% | 0.35% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.7% | 0.57% | −0.02 |
| IHI iShares U.S. Medical Devices | Reduce -0.5% | 0.13% | −0.02 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.02 |
| T AT&T Inc. | Reduce -6.9% | 0.03% | −0.02 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.02 |
| MU Micron Technology Inc. | Reduce -80.0% | 0.03% | −0.02 |
| IBDX iShares Ibonds Dec 2032 TC | Reduce -17.1% | 0.05% | −0.01 |
| XLV SS Health Care Select Sector | Reduce -1.9% | 0.93% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Reduce -18.9% | 0.09% | −0.01 |
| EFA iShares MSCI Eafe ETF | Reduce -5.1% | 0.22% | −0.01 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.01 |
| SEE Sealed Air Corp. | Sold out | 0.00% | −0.01 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.01 |
| XLRE SS Real Estate Select Sector | Reduce -3.0% | 0.37% | −0.01 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -5.4% | 0.32% | −0.01 |
| GD General Dynamics Corp. | Reduce -19.4% | 0.03% | −0.01 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -34.6% | 0.02% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -19.2% | 0.10% | −0.01 |
| EEM iShares MSCI Emerging Market | Reduce -13.1% | 0.18% | −0.01 |
| WM Waste Management Inc. | Reduce -17.3% | 0.01% | −0.00 |
| F Ford Motor Co. | Reduce -38.1% | 0.01% | −0.00 |
| TLT iShares 20+ Year Treasury BD | Reduce -7.3% | 0.03% | −0.00 |
| JCI Johnson Controls Internation | Reduce -9.5% | 0.06% | −0.00 |
| GSEW Goldman Sachs Eql WGHT Large | Reduce -4.9% | 0.27% | −0.00 |
| WFC Wells Fargo & Co. | Reduce -2.6% | 0.06% | −0.00 |
| REET iShares Global REIT ETF | Reduce -15.2% | 0.02% | −0.00 |
| TRP TC Energy Corp. | Reduce -3.3% | 0.05% | −0.00 |
| BMY Bristol-Myers Squibb Co. | Reduce -1.7% | 0.02% | −0.00 |
| EMR Emerson Electric Co. | Reduce -2.7% | 0.16% | −0.00 |
| ET Energy Transfer LP | Reduce -5.3% | 0.01% | −0.00 |
Portfolio Buys Q1 2026 → Q2 2026
| IVV iShares Core S&P 500 ETF | Add +3.5% | 8.34% | +0.77 |
| IJH iShares Core S&P Midcap ETF | Add +1.0% | 6.29% | +0.41 |
| PSP Invesco Global Listed Privat | New | 0.30% | +0.30 |
| VCIT Vanguard Int-Term Corporate | Add +10.5% | 9.26% | +0.23 |
| XLI SS Industrial Select Sector | Add +15.7% | 1.03% | +0.19 |
| GOOGL Alphabet Inc. Class A | Add +0.5% | 1.10% | +0.15 |
| CGHM Cap Group Muni High-Income | Add +49.5% | 0.39% | +0.12 |
| REVS Columbia Resear Enh Val ETF | Add +137.9% | 0.18% | +0.11 |
| PFFD Global X US Preferred ETF | Add +57.0% | 0.31% | +0.10 |
| HYMB SS SPDR N Ice HY Muni ETF | Add +189.3% | 0.14% | +0.09 |
| BKLN Invesco Senior Loan ETF | Add +250.0% | 0.11% | +0.08 |
| AMZN Amazon.com Inc. | Add +0.5% | 0.85% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +10.5% | 0.27% | +0.04 |
| LLY Eli Lilly & Co. | New | 0.03% | +0.03 |
| KO The Coca-Cola Co. | Add +47.5% | 0.09% | +0.03 |
| NVDA Nvidia Corp. | Add +2.3% | 0.33% | +0.03 |
| AVGO Broadcom Inc. | Add +0.5% | 0.20% | +0.02 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +49.3% | 0.08% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +1.5% | 0.51% | +0.02 |
| MUB iShares National Muni Bond E | New | 0.02% | +0.02 |
| VYM Vanguard High DVD Yield ETF | New | 0.02% | +0.02 |
| IWR iShares Russell Mid-Cap ETF | New | 0.02% | +0.02 |
| EOG EOG Resources Inc. | New | 0.02% | +0.02 |
| DVN Devon Energy Corp. | New | 0.02% | +0.02 |
| LRCX Lam Research Corp. | New | 0.02% | +0.02 |
| GS Goldman Sachs Group Inc. | Add +17.8% | 0.07% | +0.02 |
| AXP American Express Co. | Add +0.8% | 0.37% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +13.3% | 0.09% | +0.02 |
| UNH Unitedhealth Group Inc. | Add +9.2% | 0.04% | +0.01 |
| ROK Rockwell Automation Inc. | New | 0.01% | +0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.01% | +0.01 |
| SCHF Schwab Intl Equity ETF | New | 0.01% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.01% | +0.01 |
| IWM iShares Russell 2000 ETF | Add +74.2% | 0.03% | +0.01 |
| IVW iShares S&P 500 Growth ETF | New | 0.01% | +0.01 |
| SCHG Schwab US Large-Cap Growth | New | 0.01% | +0.01 |
| DELL Dell Technologies -C | New | 0.01% | +0.01 |
| MA Mastercard Inc. Class A | Add +41.4% | 0.04% | +0.01 |
| UNP Union Pacific Corp. | Add +0.5% | 0.25% | +0.01 |
| JMUB JPMorgan Municipal ETF | New | 0.01% | +0.01 |
| IJS iShares S&P Small-Cap 600 Va | New | 0.01% | +0.01 |
| DINO HF Sinclair Corp. | Add +25.6% | 0.04% | +0.01 |
| ABBV Abbvie Inc. | Add +5.3% | 0.08% | +0.01 |
| DE Deere & Co. | Add +6.9% | 0.08% | +0.01 |
| ADP Automatic Data Processing | Add +10.0% | 0.06% | +0.01 |
| HD Home Depot Inc. | Add +4.0% | 0.17% | +0.01 |
| BAC Bank of America Corp. | Add +1.2% | 0.05% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +5.0% | 0.07% | +0.00 |
| RL Ralph Lauren Corp. | Add +12.8% | 0.02% | +0.00 |
| BLK BlackRock Inc. | Add +19.4% | 0.03% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 196 | $1.9B | FIBK, VCIT, IVV, RSP, IJH |
| Q1 2026 | 187 | $1.8B | VCIT, FIBK, RSP, IVV, VGIT |
| Q4 2025 | 199 | $1.9B | FIBK, VCIT, RSP, IVV, VGIT |
| Q3 2025 | 201 | $1.8B | VCIT, FIBK, RSP, IVV, VGIT |
| Q2 2025 | 181 | $1.7B | VCIT, FIBK, RSP, IVV, VGIT |
| Q1 2025 | 170 | $1.7B | VCIT, FIBK, RSP, IVV, VGIT |
| Q4 2024 | 179 | $1.7B | IVV, VCIT, FIBK, IJH, HEFA |
| Q3 2024 | 187 | $1.6B | IVV, VCIT, FIBK, IJH, HEFA |
| Q2 2024 | 169 | $1.5B | IVV, VCIT, FIBK, VGIT, HEFA |
| Q1 2024 | 170 | $1.4B | IVV, VCIT, VGIT, FIBK, IJH |