Inverness Counsel’s First Republic Bank FRC Stock Holding History

Inverness Counsel’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
2022 Q3	$27M	Buy	206,853 +148,838	+257%	+$22.9M	1.5%	18
2022 Q2	$8.37M	Buy	58,015 +54,276	+1,452%	+$8.14M	0.47%	46
2022 Q1	$606K	Sell	3,739 -51,105	-93%	-$8.92M	0.03%	114
2021 Q4	$11.3M	Buy	+54,844	New	+$11.6M	0.42%	48

Other funds holding FRC

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

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

ATO

Alecta Tjanstepension Omsesidigt Stockholm, Sweden $23.8B AUM 34.25% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

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

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

Inverness Counsel's FRC Position: Q3 2022 in Review

Inverness Counsel increased its First Republic Bank (FRC) stake by 257% in Q3 2022, buying an estimated $22.9M and bringing the position to 206,853 shares worth $27M. The position accounts for 1.5% of the portfolio, ranked #18.

Inverness Counsel first reported a position in FRC in Q4 2021 and has held it in 4 quarters since. 727 funds tracked by Wall St. Rank hold FRC as of Q3 2022.

Inverness Counsel held 206,853 shares of First Republic Bank worth $27M as of Q3 2022.
Inverness Counsel bought 148,838 First Republic Bank shares in Q3 2022, an estimated $22.9M.
First Republic Bank made up 1.5% of Inverness Counsel's portfolio in Q3 2022, its #18 holding.
Inverness Counsel first reported a position in First Republic Bank in Q4 2021 and has held it in 4 quarters since.
727 funds tracked by Wall St. Rank held First Republic Bank as of Q3 2022.

Based on Inverness Counsel's 13F filing for Q3 2022, filed 26 Oct 2022.