CCM
FRC

Cornerstone Capital Management’s First Republic Bank FRC Stock Holding History

Cornerstone Capital Management’s Portfolio FRC Stock Details FRC Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2016
Q3 		$19M Sell
246,523
-555,680
-69% -$40.9M 3% 10
2016
Q2 		$56.1M Buy
802,203
+38,101
+5% +$2.64M 2.97% 13
2016
Q1 		$50.9M Sell
764,102
-39,014
-5% -$2.5M 2.23% 20
2015
Q4 		$53.1M Buy
803,116
+17,381
+2% +$1.15M 2.17% 23
2015
Q3 		$49.3M Sell
785,735
-317,040
-29% -$19.8M 2.09% 21
2015
Q2 		$69.5M Sell
1,102,775
-206,088
-16% -$12.5M 2.28% 19
2015
Q1 		$74.7M Sell
1,308,863
-1,813
-0.1% -$98.6K 2.46% 18
2014
Q4 		$68.3M Sell
1,310,676
-70,667
-5% -$3.56M 2.22% 21
2014
Q3 		$68.2M Sell
1,381,343
-57,752
-4% -$2.83M 2.23% 20
2014
Q2 		$79.1M Buy
1,439,095
+141,939
+11% +$7.46M 2.54% 14
2014
Q1 		$70M Buy
1,297,156
+486,921
+60% +$25.1M 2.27% 23
2013
Q4 		$42.4M Buy
810,235
+92,290
+13% +$4.62M 1.26% 37
2013
Q3 		$33.5M Buy
+717,945
New +$31.5M 1.03% 43

Other funds holding FRC

Baillie Gifford & Co
Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Capital World Investors
Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return
AIM
abrdn Investment Management Edinburgh, United Kingdom $29.6B AUM 25.48% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
JP Morgan Chase
JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return
Select Equity Group
Select Equity Group New York $19.5B AUM 17.33% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
BIT
BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return
HL
Harding Loevner Bridgewater, New Jersey $9.72B AUM 22.38% 1-Year Est. Return

Cornerstone Capital Management's FRC Position: Q3 2016 in Review

Cornerstone Capital Management reduced its First Republic Bank (FRC) stake by 69% in Q3 2016, selling an estimated $40.9M and leaving 246,523 shares worth $19M. The position accounts for 3% of the portfolio, ranked #10.

Cornerstone Capital Management first reported a position in FRC in Q3 2013 and has held it in 13 quarters since. The position peaked at $79.1M in Q2 2014. 453 funds tracked by Wall St. Rank hold FRC as of Q3 2016.

  • Cornerstone Capital Management held 246,523 shares of First Republic Bank worth $19M as of Q3 2016.
  • Cornerstone Capital Management sold 555,680 First Republic Bank shares in Q3 2016, an estimated $40.9M.
  • First Republic Bank made up 3% of Cornerstone Capital Management's portfolio in Q3 2016, its #10 holding.
  • Cornerstone Capital Management first reported a position in First Republic Bank in Q3 2013 and has held it in 13 quarters since.
  • Cornerstone Capital Management's First Republic Bank position peaked at $79.1M in Q2 2014.
  • 453 funds tracked by Wall St. Rank held First Republic Bank as of Q3 2016.

Based on Cornerstone Capital Management's 13F filing for Q3 2016, filed 3 Nov 2016.