Parnassus Investments’s First Republic Bank FRC Stock Holding History

Parnassus Investments’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
2023 Q1	–	Sell	-1,120,673	Closed	-$137M	–	144
2022 Q4	$137M	Hold	1,120,673	–	–	0.34%	66
2022 Q3	$146M	Buy	1,120,673 +102,482	+10%	+$15.7M	0.38%	58
2022 Q2	$147M	Buy	1,018,191 +142,269	+16%	+$21.3M	0.35%	67
2022 Q1	$142M	Buy	875,922 +271,356	+45%	+$47.3M	0.29%	77
2021 Q4	$125M	Sell	604,566 -102,508	-14%	-$21.6M	0.24%	85
2021 Q3	$136M	Hold	707,074	–	–	0.29%	69
2021 Q2	$132M	Sell	707,074 -96,527	-12%	-$17.7M	0.29%	75
2021 Q1	$134M	Sell	803,601 -178,522	-18%	-$28.9M	0.33%	68
2020 Q4	$144M	Hold	982,123	–	–	0.39%	57
2020 Q3	$107M	Buy	982,123 +23,064	+2%	+$2.56M	0.33%	63
2020 Q2	$102M	Buy	959,059 +49,022	+5%	+$5.03M	0.35%	64
2020 Q1	$74.9M	Hold	910,037	–	–	0.31%	70
2019 Q4	$107M	Buy	910,037 +137,344	+18%	+$14.8M	0.36%	64
2019 Q3	$74.7M	Sell	772,693 -2,682,442	-78%	-$254M	0.27%	70
2019 Q2	$337M	Sell	3,455,135 -2,055,124	-37%	-$207M	1.28%	34
2019 Q1	$554M	Sell	5,510,259 -91,675	-2%	-$9.03M	2.18%	21
2018 Q4	$487M	Buy	5,601,934 +878,285	+19%	+$80.2M	2.12%	23
2018 Q3	$453M	Buy	4,723,649 +68,686	+1%	+$6.91M	1.73%	28
2018 Q2	$451M	Buy	4,654,963 +4,868	+0.1%	+$470K	1.79%	25
2018 Q1	$431M	Buy	+4,650,095	New	+$429M	1.74%	28

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

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

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

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

D.E. Shaw & Co New York $210B AUM 57.28% 1-Year Est. Return

Qube Research & Technologies (QRT) London, United Kingdom $108B AUM 37.29% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Parnassus Investments's FRC Position: Q1 2023 in Review

Parnassus Investments sold out of First Republic Bank (FRC) in Q1 2023, closing a stake of 1,120,673 shares — an estimated $137M sold.

Parnassus Investments first reported a position in FRC in Q1 2018 and held it in 20 quarters. The position peaked at $554M in Q1 2019. 492 funds tracked by Wall St. Rank hold FRC as of Q1 2023.

Parnassus Investments reported no remaining First Republic Bank position as of Q1 2023 after selling out during the quarter.
Parnassus Investments sold 1,120,673 First Republic Bank shares in Q1 2023, an estimated $137M.
Parnassus Investments first reported a position in First Republic Bank in Q1 2018 and held it in 20 quarters.
Parnassus Investments's First Republic Bank position peaked at $554M in Q1 2019.
492 funds tracked by Wall St. Rank held First Republic Bank as of Q1 2023.

Based on Parnassus Investments's 13F filing for Q1 2023, filed 1 May 2023.