First Interstate Bank
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 7, 2024), First Interstate Bank reported 169 stock positions worth $1.5 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 12.1% of the portfolio, followed by Vanguard Int-Term Corporate (VCIT, 9.7%) and First Interstate Bancsys-A (FIBK, 9.0%). Compared with Q1 2024, it opened 7 new positions, sold out of 8, added to 42 and reduced 88. The biggest buy was iShares Ibonds Dec 2032 TC (IBDX, shares +97%) and the biggest sale Vanguard Intermediate-Term T (VGIT, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- Billings, MT
- CIK
- 0001125727
- Portfolio Value
- $1.5B (Q2 2024)
- SEC Filing
- 0001125727-24-000013 ↗ filed Aug 7, 2024
Holdings Value
Holdings 169 stocks · $1.5B
| IVV iShares Core S&P 500 ETF | 12.14% | 333,996 | $182.8M | Reduce -2.8% |
| VCIT Vanguard Int-Term Corporate | 9.74% | 1,835,189 | $146.7M | Add +3.6% |
| FIBK First Interstate Bancsys-A | 9.01% | 4,886,916 | $135.7M | Reduce -0.7% |
| VGIT Vanguard Intermediate-Term T | 8.78% | 2,270,628 | $132.2M | Reduce -1.3% |
| HEFA Isha Curr Hedged MSCI Eafe | 5.81% | 2,460,127 | $87.5M | Add +4.0% |
| IJH iShares Core S&P Midcap ETF | 5.48% | 1,410,992 | $82.6M | Add +0.1% |
| IBDX iShares Ibonds Dec 2032 TC | 3.49% | 2,136,419 | $52.5M | Add +96.7% |
| PFF iShares Preferred & Income S | 3.44% | 1,641,062 | $51.8M | Add +1.8% |
| IJR iShares Core S&P Small-Cap E | 3.41% | 480,620 | $51.3M | Reduce -2.6% |
| IBDY iShares Ibonds Dec 2033 Corp. | 3.33% | 1,989,718 | $50.1M | Add +103.9% |
| VMBS Vanguard Mortgage-Backed Sec | 2.77% | 919,850 | $41.8M | Add +11.6% |
| XLK SS Technology Select Sector | 2.17% | 144,454 | $32.7M | Add +12.9% |
| PAVE Global X US Infrastructure | 1.85% | 751,627 | $27.8M | Add +15.4% |
| XLV SS Health Care Select Sector | 1.43% | 148,114 | $21.6M | Reduce -5.4% |
| MSFT Microsoft Corp. | 1.42% | 47,718 | $21.3M | Reduce -1.3% |
| AMZN Amazon.com Inc. | 1.32% | 102,718 | $19.9M | Reduce -0.3% |
| AAPL Apple Inc. | 1.25% | 89,629 | $18.9M | Reduce -3.1% |
| XLE SS Energy Select Sector | 0.95% | 156,947 | $14.3M | Reduce -2.9% |
| GOOGL Alphabet Inc. Class A | 0.83% | 68,535 | $12.5M | Reduce -3.5% |
| XLI SS Industrial Select Sector | 0.82% | 101,025 | $12.3M | Reduce -4.3% |
| XLC SS Comm Select Sector SPDR | 0.75% | 131,419 | $11.3M | Add +0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.64% | 23,574 | $9.6M | Reduce -1.9% |
| XLF SS Financial Select Sector | 0.63% | 229,769 | $9.4M | Reduce -4.1% |
| JPM JPMorgan Chase & Co. | 0.58% | 43,022 | $8.7M | Reduce -1.8% |
| LOW Lowe's Cos Inc. | 0.58% | 39,374 | $8.7M | Reduce -1.7% |
| XSD SS SPDR S&P Semiconductor | 0.56% | 34,195 | $8.5M | Reduce -1.9% |
| PANW Palo Alto Networks Inc. | 0.50% | 22,419 | $7.6M | Reduce -1.6% |
| CSCO Cisco Systems Inc. | 0.49% | 154,719 | $7.4M | Reduce -1.7% |
| XLRE SS Real Estate Select Sector | 0.49% | 190,399 | $7.3M | Reduce -0.5% |
| WMT Walmart Inc. | 0.48% | 105,755 | $7.2M | Reduce -3.7% |
| XLB SS Materials Select Sector | 0.47% | 80,679 | $7.1M | Reduce -3.0% |
| XLP SS Consumer Staples Sel Sect | 0.47% | 91,837 | $7.0M | Reduce -0.8% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.46% | 101,622 | $6.9M | Reduce -0.4% |
| XLY SS Consumer Disc Select Sect | 0.44% | 36,578 | $6.7M | Add +1.7% |
| UNH Unitedhealth Group Inc. | 0.43% | 12,644 | $6.4M | Reduce -4.8% |
| COST Costco Wholesale Corp. | 0.41% | 7,307 | $6.2M | Reduce -1.9% |
| AXP American Express Co. | 0.41% | 26,363 | $6.1M | Reduce -2.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.39% | 59,258 | $5.9M | Reduce -0.1% |
| SOXX iShares Semiconductor ETF | 0.38% | 23,278 | $5.7M | New |
| IBB iShares Biotechnology ETF | 0.37% | 40,531 | $5.6M | Reduce -1.4% |
| GS Goldman Sachs Group Inc. | 0.34% | 11,472 | $5.2M | Reduce -2.8% |
| MDLZ Mondelez International Inc. Class A | 0.31% | 71,785 | $4.7M | Reduce -4.6% |
| BX Blackstone Inc. | 0.30% | 37,035 | $4.6M | Add +3.4% |
| UNP Union Pacific Corp. | 0.30% | 20,077 | $4.5M | Reduce -2.2% |
| MCD McDonald's Corp. | 0.30% | 17,644 | $4.5M | Reduce -2.3% |
| SCHW Schwab (charles) Corp. | 0.30% | 60,561 | $4.5M | Reduce -0.4% |
| PEP Pepsico Inc. | 0.29% | 26,500 | $4.4M | Reduce -2.9% |
| CRM Salesforce Inc. | 0.29% | 16,863 | $4.3M | Reduce -0.9% |
| NKE Nike Inc. Class B | 0.27% | 53,773 | $4.1M | Reduce -1.9% |
| QCOM Qualcomm Inc. | 0.26% | 19,508 | $3.9M | Reduce -1.4% |
| EFA iShares MSCI Eafe ETF | 0.25% | 48,482 | $3.8M | Add +2.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.25% | 6,901 | $3.8M | Add +5.8% |
| HON Honeywell International Inc. | 0.24% | 16,969 | $3.6M | Reduce -2.4% |
| C Citigroup Inc. | 0.23% | 54,057 | $3.4M | Reduce -1.2% |
| IEUR iShares Core MSCI Europe ETF | 0.22% | 58,289 | $3.3M | Reduce -66.8% |
| AGG iShares Core U.S. Aggregate | 0.21% | 31,801 | $3.1M | Reduce -0.6% |
| EMR Emerson Electric Co. | 0.20% | 27,890 | $3.1M | Reduce -3.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.20% | 5 | $3.1M | No change |
| NVDA Nvidia Corp. | 0.20% | 23,875 | $2.9M | Reduce -6.0% |
| ICE Intercontinental Exchange Inc. | 0.20% | 21,476 | $2.9M | Reduce -0.9% |
| CMCSA Comcast Corp. Class A | 0.19% | 71,836 | $2.8M | Reduce -2.1% |
| MAS Masco Corp. | 0.18% | 40,195 | $2.7M | Reduce -0.6% |
| ABT Abbott Laboratories | 0.18% | 25,761 | $2.7M | Reduce -1.7% |
| RSP Invesco S&P 500 Equal Weight | 0.17% | 15,654 | $2.6M | Add +20.6% |
| SWKS Skyworks Solutions Inc. | 0.16% | 22,748 | $2.4M | Reduce -1.3% |
| TLT iShares 20+ Year Treasury BD | 0.16% | 26,151 | $2.4M | Reduce -2.9% |
| BMY Bristol-Myers Squibb Co. | 0.16% | 57,625 | $2.4M | Reduce -3.3% |
| EEM iShares MSCI Emerging Market | 0.14% | 50,183 | $2.1M | No change |
| FDX FedEx Corp. | 0.14% | 6,826 | $2.0M | Add +0.9% |
| VOO Vanguard S&P 500 ETF | 0.13% | 4,021 | $2.0M | Add +1.9% |
| ORCL Oracle Corp. | 0.12% | 12,579 | $1.8M | Reduce -0.5% |
| HD Home Depot Inc. | 0.12% | 5,139 | $1.8M | Reduce -0.4% |
| XOM Exxon Mobil Corp. | 0.12% | 15,130 | $1.7M | Add +3.1% |
| META Meta Platforms Inc. Class A | 0.11% | 3,282 | $1.7M | Add +1.2% |
| GOOG Alphabet Inc. Class C | 0.10% | 8,507 | $1.6M | Reduce -2.2% |
| FISV Fiserv Inc. | 0.09% | 9,280 | $1.4M | Reduce -0.8% |
| BSV Vanguard Short-Term Bond ETF | 0.09% | 17,679 | $1.4M | Add +12.6% |
| JNJ Johnson & Johnson | 0.09% | 9,260 | $1.4M | Add +4.3% |
| ABBV Abbvie Inc. | 0.09% | 7,628 | $1.3M | Reduce -5.7% |
| PG The Procter & Gamble Co. | 0.09% | 7,813 | $1.3M | Reduce -2.0% |
| MRK Merck & Co. Inc. | 0.09% | 10,354 | $1.3M | Reduce -6.4% |
| TMO Thermo Fisher Scientific Inc. | 0.08% | 2,283 | $1.3M | Add +0.1% |
| SCHO Schwab Short-Term US Treas | 0.08% | 25,822 | $1.2M | No change |
| VWO Vanguard Ftse Emerging Marke | 0.07% | 25,078 | $1.1M | Add +0.6% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.07% | 14,026 | $1.1M | No change |
| IWV iShares Russell 3000 ETF | 0.07% | 3,449 | $1.1M | Reduce -0.9% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.07% | 13,476 | $1.0M | Reduce -3.9% |
| CVX Chevron Corp. | 0.07% | 6,629 | $1.0M | Add +3.5% |
| V Visa Inc. Class A | 0.06% | 3,707 | $973K | Reduce -1.0% |
| AEM Agnico Eagle Mines Ltd. | 0.06% | 14,779 | $967K | No change |
| HYMB SS SPDR N Ice HY Muni ETF | 0.06% | 37,159 | $945K | Add +26.7% |
| IWM iShares Russell 2000 ETF | 0.06% | 4,284 | $869K | Add +0.8% |
| DHR Danaher Corp. | 0.05% | 3,281 | $820K | Reduce -0.5% |
| SYK Stryker Corp. | 0.05% | 2,320 | $789K | Reduce -1.2% |
| VT Vanguard Tot World STK ETF | 0.05% | 6,850 | $772K | No change |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.05% | 32,442 | $770K | Add +25.7% |
| IBDP iShares Ibonds Dec 2024 Term | 0.05% | 30,252 | $760K | No change |
| IBDQ iShares Ibonds Dec 2025 Term | 0.05% | 30,258 | $752K | No change |
| IVW iShares S&P 500 Growth ETF | 0.05% | 8,034 | $743K | Reduce -2.4% |
| ADP Automatic Data Processing | 0.05% | 3,084 | $736K | Reduce -0.9% |
Portfolio Sells Q1 2024 → Q2 2024
| VGIT Vanguard Intermediate-Term T | Reduce -1.3% | 8.78% | −0.55 |
| IEUR iShares Core MSCI Europe ETF | Reduce -66.8% | 0.22% | −0.48 |
| IJR iShares Core S&P Small-Cap E | Reduce -2.6% | 3.41% | −0.37 |
| IVV iShares Core S&P 500 ETF | Reduce -2.8% | 12.14% | −0.37 |
| FIBK First Interstate Bancsys-A | Reduce -0.7% | 9.01% | −0.27 |
| XLV SS Health Care Select Sector | Reduce -5.4% | 1.43% | −0.17 |
| LOW Lowe's Cos Inc. | Reduce -1.7% | 0.58% | −0.13 |
| DIS The Walt Disney Co. | Reduce -0.1% | 0.39% | −0.11 |
| XLE SS Energy Select Sector | Reduce -2.9% | 0.95% | −0.11 |
| XLI SS Industrial Select Sector | Reduce -4.3% | 0.82% | −0.10 |
| NKE Nike Inc. Class B | Reduce -1.9% | 0.27% | −0.09 |
| XLF SS Financial Select Sector | Reduce -4.1% | 0.63% | −0.07 |
| CRM Salesforce Inc. | Reduce -0.9% | 0.29% | −0.07 |
| BMY Bristol-Myers Squibb Co. | Reduce -3.3% | 0.16% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.9% | 0.64% | −0.06 |
| XLB SS Materials Select Sector | Reduce -3.0% | 0.47% | −0.06 |
| CSCO Cisco Systems Inc. | Reduce -1.7% | 0.49% | −0.06 |
| MCD McDonald's Corp. | Reduce -2.3% | 0.30% | −0.05 |
| MDLZ Mondelez International Inc. Class A | Reduce -4.6% | 0.31% | −0.05 |
| UNP Union Pacific Corp. | Reduce -2.2% | 0.30% | −0.05 |
| MAS Masco Corp. | Reduce -0.6% | 0.18% | −0.04 |
| PEP Pepsico Inc. | Reduce -2.9% | 0.29% | −0.04 |
| XLRE SS Real Estate Select Sector | Reduce -0.5% | 0.49% | −0.04 |
| CMCSA Comcast Corp. Class A | Reduce -2.1% | 0.19% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -1.8% | 0.58% | −0.03 |
| ABT Abbott Laboratories | Reduce -1.7% | 0.18% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -4.8% | 0.43% | −0.03 |
| XLP SS Consumer Staples Sel Sect | Reduce -0.8% | 0.47% | −0.02 |
| EMR Emerson Electric Co. | Reduce -3.1% | 0.20% | −0.02 |
| EIM Eaton Vance Municipal Bond | Sold out | 0.00% | −0.02 |
| IBB iShares Biotechnology ETF | Reduce -1.4% | 0.37% | −0.02 |
| AXP American Express Co. | Reduce -2.5% | 0.41% | −0.02 |
| INTC Intel Corp. | Reduce -0.7% | 0.04% | −0.02 |
| HD Home Depot Inc. | Reduce -0.4% | 0.12% | −0.02 |
| TLT iShares 20+ Year Treasury BD | Reduce -2.9% | 0.16% | −0.02 |
| VNQ Vanguard Real Estate ETF | Reduce -26.0% | 0.04% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -6.4% | 0.09% | −0.02 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.02 |
| PM Philip Morris International | Sold out | 0.00% | −0.02 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.02 |
| ABBV Abbvie Inc. | Reduce -5.7% | 0.09% | −0.02 |
| WEC WEC Energy Group Inc. | Sold out | 0.00% | −0.01 |
| OLN Olin Corp. | Sold out | 0.00% | −0.01 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.01 |
| TSN Tyson Foods Inc. Class A | Reduce -45.8% | 0.01% | −0.01 |
| AGG iShares Core U.S. Aggregate | Reduce -0.6% | 0.21% | −0.01 |
| SWKS Skyworks Solutions Inc. | Reduce -1.3% | 0.16% | −0.01 |
| C Citigroup Inc. | Reduce -1.2% | 0.23% | −0.01 |
| FISV Fiserv Inc. | Reduce -0.8% | 0.09% | −0.01 |
| ICE Intercontinental Exchange Inc. | Reduce -0.9% | 0.20% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| IBDX iShares Ibonds Dec 2032 TC | Add +96.7% | 3.49% | +1.62 |
| IBDY iShares Ibonds Dec 2033 Corp. | Add +103.9% | 3.33% | +1.61 |
| SOXX iShares Semiconductor ETF | New | 0.38% | +0.38 |
| XLK SS Technology Select Sector | Add +12.9% | 2.17% | +0.33 |
| VMBS Vanguard Mortgage-Backed Sec | Add +11.6% | 2.77% | +0.17 |
| HEFA Isha Curr Hedged MSCI Eafe | Add +4.0% | 5.81% | +0.09 |
| PAVE Global X US Infrastructure | Add +15.4% | 1.85% | +0.05 |
| BMI Badger Meter Inc. | New | 0.02% | +0.02 |
| RSP Invesco S&P 500 Equal Weight | Add +20.6% | 0.17% | +0.02 |
| AIG American International Group | New | 0.02% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.01% | +0.01 |
| REGN Regeneron Pharmaceuticals | New | 0.01% | +0.01 |
| ILCG iShares Morningstar Growth E | New | 0.01% | +0.01 |
| SRE Sempra | New | 0.01% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +5.8% | 0.25% | +0.01 |
| HYMB SS SPDR N Ice HY Muni ETF | Add +26.7% | 0.06% | +0.01 |
| T AT&T Inc. | Add +24.0% | 0.04% | +0.01 |
| CAT Caterpillar Inc. | Add +73.7% | 0.03% | +0.01 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +25.7% | 0.05% | +0.01 |
| XLC SS Comm Select Sector SPDR | Add +0.3% | 0.75% | +0.01 |
| BSV Vanguard Short-Term Bond ETF | Add +12.6% | 0.09% | +0.01 |
| AMGN Amgen Inc. | Add +19.3% | 0.03% | +0.01 |
| VZ Verizon Communications Inc. | Add +31.9% | 0.02% | +0.00 |
| PSX Phillips 66 | Add +32.0% | 0.03% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +1.9% | 0.13% | +0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +13.7% | 0.03% | +0.00 |
| LRCX Lam Research Corp. | Add +2.4% | 0.02% | +0.00 |
| VEA Vanguard Ftse Developed ETF | Add +11.5% | 0.02% | +0.00 |
| META Meta Platforms Inc. Class A | Add +1.2% | 0.11% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +0.6% | 0.07% | +0.00 |
| FDX FedEx Corp. | Add +0.9% | 0.14% | +0.00 |
| PFE Pfizer Inc. | Add +3.7% | 0.03% | +0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +9.0% | 0.03% | −0.00 |
| WM Waste Management Inc. | Add +1.3% | 0.01% | −0.00 |
| CHD Church & Dwight Co. Inc. | Add +2.6% | 0.02% | −0.00 |
| CVX Chevron Corp. | Add +3.5% | 0.07% | −0.00 |
| CTRA Coterra Energy Inc. | Add +1.4% | 0.02% | −0.00 |
| EMB iShares JP Morgan Usd Emergi | Add +1.1% | 0.03% | −0.00 |
| XOM Exxon Mobil Corp. | Add +3.1% | 0.12% | −0.00 |
| AMD Advanced Micro Devices | Add +2.1% | 0.02% | −0.00 |
| IWM iShares Russell 2000 ETF | Add +0.8% | 0.06% | −0.00 |
| JNJ Johnson & Johnson | Add +4.3% | 0.09% | −0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +0.1% | 0.08% | −0.01 |
| EFA iShares MSCI Eafe ETF | Add +2.0% | 0.25% | −0.01 |
| XLY SS Consumer Disc Select Sect | Add +1.7% | 0.44% | −0.01 |
| BX Blackstone Inc. | Add +3.4% | 0.30% | −0.02 |
| VCIT Vanguard Int-Term Corporate | Add +3.6% | 9.74% | −0.14 |
| PFF iShares Preferred & Income S | Add +1.8% | 3.44% | −0.16 |
| IJH iShares Core S&P Midcap ETF | Add +0.1% | 5.48% | −0.44 |
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 |