Republic First Bancorp Inc
FRBK
FRBK was delisted on the 22nd of August, 2023.
81 hedge funds and large institutions have $268M invested in Republic First Bancorp Inc in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 7 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 21
2% more capital invested
Capital invested by funds: $263M → $268M (+$4.97M)
2% less funds holding
Funds holding: 83 → 81 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$8.59M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$5.21M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$4.09M |
| 4 |
KeyBank National Association
Cleveland,
Ohio
|
+$310K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$255K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHIM
Spruce House Investment Management
New York
|
-$15.8M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$1.44M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.05M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$641K |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$522K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
76
Ladenburg Thalmann Financial Services
Miami,
Florida
| $14K | +$13.6K | +1,576 | New |
|
|
SNT
77
Security National Trust
Wheeling,
West Virginia
| $13K | – | – | – |
|
78
Nisa Investment Advisors
St. Louis,
Missouri
| $11K | – | – | – |
|
|
AG
79
Advisor Group
Phoenix,
Arizona
| $10K | -$59.1K | -6,830 | -85% |
|
|
MPWT
80
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $1.27K | – | – | – |
|
|
KTC
81
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| $1K | – | – | – |
|
|
SHIM
82
Spruce House Investment Management
New York
| – | -$15.8M | -1,869,159 | Closed |
|
|
83
Invesco
Atlanta,
Georgia
| – | -$1.05M | -124,901 | Closed |
|
84
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$487K | -57,578 | Closed |
|
|
SS
85
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$270K | -32,000 | Closed |
|
86
Millennium Management
New York
| – | -$140K | -16,620 | Closed |
|
|
BA
87
Bristol Advisors
Conshohocken,
Pennsylvania
| – | -$85K | -10,000 | Closed |
|
88
Parallax Volatility Advisers
San Francisco,
California
| – | -$62K | -7,392 | Closed |
|
FRBK Hedge Fund Activity: Q1 2018 in Review
81 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Republic First Bancorp Inc (FRBK) for Q1 2018, worth a combined $268M — up 1.9% from $263M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FRBK and 5 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 28 added.
The largest buyer was Goldman Sachs, adding an estimated $8.59M. The largest seller was Spruce House Investment Management, exiting entirely with an estimated $15.8M sold.
- 81 institutional investors held Republic First Bancorp Inc (FRBK) as of Q1 2018, down from 83 in Q4 2017.
- Funds reported $268M of Republic First Bancorp Inc stock for Q1 2018, up 1.9% quarter-over-quarter.
- 5 funds opened new Republic First Bancorp Inc positions in Q1 2018 and 7 closed out, a net change of -2 holders.
- The largest Republic First Bancorp Inc buyer in Q1 2018 was Goldman Sachs, an estimated $8.59M added.
- The largest Republic First Bancorp Inc seller in Q1 2018 was Spruce House Investment Management, an estimated $15.8M sold.
Based on aggregated 13F filings for Q1 2018.