First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
326 hedge funds and large institutions have $7.42B invested in First Republic Bank in 2014 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 136 increasing their positions, 93 reducing their positions, and 26 closing their positions.
81% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 26
46% more repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 93
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
9% more capital invested
Capital invested by funds: $6.81B → $7.42B (+$612M)
7% more funds holding
Funds holding: 306 → 326 (+20)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$117M |
| 2 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$45.6M |
| 3 |
MCM
Marsico Capital Management
Denver,
Colorado
|
+$33.4M |
| 4 |
Goldman Sachs
New York
|
+$32.3M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
+$30.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$90.5M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$73.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$25.3M |
| 4 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$16.2M |
| 5 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$15.9M |
FRC Hedge Fund Activity: Q1 2014 in Review
326 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q1 2014, worth a combined $7.42B — up 9% from $6.81B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new FRC positions and 26 closed out — a net gain of 21 holders — while 136 added to existing stakes and 93 trimmed.
The largest buyer was Wells Fargo, adding an estimated $117M. The largest seller was William Blair & Company, cutting an estimated $90.5M.
- 326 institutional investors held First Republic Bank (FRC) as of Q1 2014, up from 306 in Q4 2013.
- Funds reported $7.42B of First Republic Bank stock for Q1 2014, up 9% quarter-over-quarter.
- 47 funds opened new First Republic Bank positions in Q1 2014 and 26 closed out, a net change of +21 holders.
- The largest First Republic Bank buyer in Q1 2014 was Wells Fargo, an estimated $117M added.
- The largest First Republic Bank seller in Q1 2014 was William Blair & Company, an estimated $90.5M sold.
Based on aggregated 13F filings for Q1 2014.