Norris Perne & French’s First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncu FRC.PRD.CL Stock Holding History

Norris Perne & French’s Portfolio FRC.PRD.CL Stock Details FRC.PRD.CL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-56,000	Closed	-$1.08M	–	196
2013 Q4	$1.08M	Buy	56,000 +5,000	+10%	+$99.5K	0.2%	85
2013 Q3	$1.01M	Hold	51,000	–	–	0.21%	86
2013 Q2	$1.17M	Buy	+51,000	New	+$1.24M	0.25%	81

Other funds holding FRC.PRD.CL

CPP

Crow Point Partners Boston, Massachusetts $64M AUM 33.5% 1-Year Est. Return

RFA

Reilly Financial Advisors La Mesa, California $1.35B AUM 22.65% 1-Year Est. Return

Norris Perne & French's FRC.PRD.CL Position: Q1 2014 in Review

Norris Perne & French sold out of First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncu (FRC.PRD.CL) in Q1 2014, closing a stake of 56,000 shares — an estimated $1.08M sold.

Norris Perne & French first reported a position in FRC.PRD.CL in Q2 2013 and held it in 3 quarters. The position peaked at $1.17M in Q2 2013. 2 funds tracked by Wall St. Rank hold FRC.PRD.CL as of Q1 2014.

Norris Perne & French reported no remaining First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncu position as of Q1 2014 after selling out during the quarter.
Norris Perne & French sold 56,000 First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncu shares in Q1 2014, an estimated $1.08M.
Norris Perne & French first reported a position in First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncu in Q2 2013 and held it in 3 quarters.
Norris Perne & French's First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncu position peaked at $1.17M in Q2 2013.
2 funds tracked by Wall St. Rank held First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncu as of Q1 2014.

Based on Norris Perne & French's 13F filing for Q1 2014, filed 14 Apr 2014.