SOMRS
FRC

State of Michigan Retirement System’s First Republic Bank FRC Stock Holding History

State of Michigan Retirement System’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
Q2 		– Sell
-51,023
Closed -$714K – 988
2023
Q1 		$714K Buy
51,023
+1,300
+3% +$133K ﹤0.01% 895
2022
Q4 		$6.06M Buy
49,723
+300
+0.6% +$36.6K 0.04% 340
2022
Q3 		$6.45M Buy
49,423
+1,000
+2% +$154K 0.05% 313
2022
Q2 		$6.98M Buy
48,423
+3,200
+7% +$480K 0.05% 303
2022
Q1 		$7.33M Buy
45,223
+111
+0.2% +$19.4K 0.04% 317
2021
Q4 		$9.32M Buy
45,112
+800
+2% +$169K 0.05% 273
2021
Q3 		$8.55M Buy
44,312
+100
+0.2% +$19.7K 0.05% 271
2021
Q2 		$8.28M Buy
44,212
+500
+1% +$91.9K 0.05% 300
2021
Q1 		$7.29M Hold
43,712
– – 0.05% 312
2020
Q4 		$6.42M Sell
43,712
-200
-0.5% -$26K 0.04% 313
2020
Q3 		$4.79M Buy
43,912
+100
+0.2% +$11.1K 0.04% 329
2020
Q2 		$4.64M Buy
43,812
+5,112
+13% +$525K 0.04% 315
2020
Q1 		$3.18M Sell
38,700
-2,100
-5% -$222K 0.04% 323
2019
Q4 		$4.79M Buy
40,800
+400
+1% +$43.2K 0.04% 335
2019
Q3 		$3.91M Buy
40,400
+1,000
+3% +$94.8K 0.04% 342
2019
Q2 		$3.85M Sell
39,400
-8,100
-17% -$816K 0.03% 353
2019
Q1 		$4.77M Buy
+47,500
New +$4.68M 0.04% 337

Other funds holding FRC

UBS AM
UBS AM Chicago, Illinois $481B AUM 26.39% 1-Year Est. Return
BCM
Basswood Capital Management New York $2.12B AUM 19.53% 1-Year Est. Return
DLA
Douglas Lane & Associates New York $7.37B AUM 21.9% 1-Year Est. Return
RG
Rathbones Group Liverpool, United Kingdom $27.1B AUM 20.2% 1-Year Est. Return
Simplex Trading
Simplex Trading Chicago, Illinois $149B AUM 62.07% 1-Year Est. Return
CB
Commerce Bank Kansas City, Missouri $20.7B AUM 23.76% 1-Year Est. Return
Barclays
Barclays London, United Kingdom $416B AUM 33.63% 1-Year Est. Return
KBC Group
KBC Group Brussels, Belgium $39.9B AUM 29.7% 1-Year Est. Return
Rockefeller Capital Management
Rockefeller Capital Management New York $56.4B AUM 24.96% 1-Year Est. Return
BAMF
BI Asset Management Fondsmaeglerselskab Kobenhavn, Denmark $9.55B AUM 31.94% 1-Year Est. Return

State of Michigan Retirement System's FRC Position: Q2 2023 in Review

State of Michigan Retirement System sold out of First Republic Bank (FRC) in Q2 2023, closing a stake of 51,023 shares — an estimated $714K sold.

State of Michigan Retirement System first reported a position in FRC in Q1 2019 and held it in 17 quarters. The position peaked at $9.32M in Q4 2021. 92 funds tracked by Wall St. Rank hold FRC as of Q2 2023.

  • State of Michigan Retirement System reported no remaining First Republic Bank position as of Q2 2023 after selling out during the quarter.
  • State of Michigan Retirement System sold 51,023 First Republic Bank shares in Q2 2023, an estimated $714K.
  • State of Michigan Retirement System first reported a position in First Republic Bank in Q1 2019 and held it in 17 quarters.
  • State of Michigan Retirement System's First Republic Bank position peaked at $9.32M in Q4 2021.
  • 92 funds tracked by Wall St. Rank held First Republic Bank as of Q2 2023.

Based on State of Michigan Retirement System's 13F filing for Q2 2023, filed 26 Jul 2023.