Fox Run Management Buys 17,224 Shares in First Interstate BancSystem

The institutional investor added to its stake in the financial services provider in the third quarter.

Mar. 3, 2026 at 1:07am

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Fox Run Management L.L.C. purchased a new stake of 17,224 shares in First Interstate BancSystem, Inc. (NASDAQ:FIBK) during the third quarter, according to a recent 13F filing with the SEC. The shares were valued at approximately $549,000. The move comes as First Interstate BancSystem, a bank holding company headquartered in Billings, Montana, has seen increased institutional investor activity in recent quarters.

Why it matters

First Interstate BancSystem is a regional bank with a strong presence in the Western United States. The company has grown through a combination of organic expansion and strategic acquisitions over the past several decades. The purchase by Fox Run Management signals continued investor interest in the bank's stock and its performance.

The details

According to the 13F filing, Fox Run Management purchased 17,224 shares of First Interstate BancSystem in the third quarter. This represents a new stake for the institutional investor in the financial services provider. Other institutional investors have also been active in trading FIBK shares, with firms like First Horizon Corp, EverSource Wealth Advisors LLC, and Jones Financial Companies Lllp all making changes to their positions in recent quarters.

  • Fox Run Management purchased the 17,224 shares in the third quarter of 2026.

The players

Fox Run Management L.L.C.

An institutional investor that purchased a new stake in First Interstate BancSystem, Inc. in the third quarter.

First Interstate BancSystem, Inc.

A bank holding company headquartered in Billings, Montana that provides a full range of commercial and consumer banking services across the Western United States.

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The takeaway

The purchase of First Interstate BancSystem shares by Fox Run Management reflects continued investor interest in the regional bank's stock and its performance. As First Interstate BancSystem continues to grow through organic expansion and strategic acquisitions, its stock may continue to attract attention from institutional investors seeking exposure to the Western U.S. banking market.