Cortland Advisers’s First Republic Bank FRC Stock Holding History

Cortland Advisers’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
2019 Q3	$57.4M	Buy	593,651 +58,462	+11%	+$5.54M	2.63%	17
2019 Q2	$52.3M	Sell	535,189 -89,370	-14%	-$9M	2.44%	18
2019 Q1	$62.7M	Hold	624,559	–	–	2.69%	17
2018 Q4	$54.3M	Buy	624,559 +152,407	+32%	+$13.9M	2.56%	16
2018 Q3	$45.3M	Sell	472,152 -36,982	-7%	-$3.72M	2.3%	19
2018 Q2	$49.3M	Sell	509,134 -35,831	-7%	-$3.46M	2.4%	18
2018 Q1	$50.5M	Buy	544,965 +160,000	+42%	+$14.8M	2.31%	20
2017 Q4	$33.4M	Buy	+384,965	New	+$36.5M	1.53%	22

Other funds holding FRC

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Select Equity Group New York $19.5B AUM 17.33% 1-Year Est. Return

Cortland Advisers's FRC Position: Q3 2019 in Review

Cortland Advisers increased its First Republic Bank (FRC) stake by 11% in Q3 2019, buying an estimated $5.54M and bringing the position to 593,651 shares worth $57.4M. The position accounts for 2.63% of the portfolio, ranked #17.

Cortland Advisers first reported a position in FRC in Q4 2017 and has held it in 8 quarters since. The position peaked at $62.7M in Q1 2019. 507 funds tracked by Wall St. Rank hold FRC as of Q3 2019.

Cortland Advisers held 593,651 shares of First Republic Bank worth $57.4M as of Q3 2019.
Cortland Advisers bought 58,462 First Republic Bank shares in Q3 2019, an estimated $5.54M.
First Republic Bank made up 2.63% of Cortland Advisers's portfolio in Q3 2019, its #17 holding.
Cortland Advisers first reported a position in First Republic Bank in Q4 2017 and has held it in 8 quarters since.
Cortland Advisers's First Republic Bank position peaked at $62.7M in Q1 2019.
507 funds tracked by Wall St. Rank held First Republic Bank as of Q3 2019.

Based on Cortland Advisers's 13F filing for Q3 2019, filed 13 Nov 2019.