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FRC

First Republic Bank

Delisted

FRC was delisted on the 28th of April, 2023.

494 hedge funds and large institutions have $1.63B invested in First Republic Bank in 2023 Q1 according to their latest regulatory filings, with 126 funds opening new positions, 172 increasing their positions, 167 reducing their positions, and 342 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more repeat investments, than reductions

Existing positions increased: 172 | Existing positions reduced: 167

32% less funds holding

Funds holding: 725494 (-231)

53% less call options, than puts

Call options by funds: $263M | Put options by funds: $565M

63% less first-time investments, than exits

New positions opened: 126 | Existing positions closed: 342

67% less funds holding in top 10

Funds holding in top 10: 93 (-6)

93% less capital invested

Capital invested by funds: $22.3B → $1.63B (-$20.7B)

Holders
494
Holders Change
-231
Holders Change %
-31.86%
% of All Funds
7.87%
Holding in Top 10
3
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-66.67%
% of All Funds
0.05%
New
126
Increased
172
Reduced
167
Closed
342
Calls
$263M
Puts
$565M
Net Calls
-$302M
Net Calls Change
-$280M
Name Holding Trade Value Shares
Change
Change in
Stake
CCM
251
Cinctive Capital Management
New York
$197K +$1.45M +14,100 New
HCM
252
Highlander Capital Management
New Jersey
$196K +$1.43M +14,000 New
TRCT
253
Tower Research Capital (TRC)
New York
$195K +$1.02M +9,954 +251%
CAN
254
Cetera Advisor Networks
California
$195K +$565K +5,511 +65%
SW
255
SteelPeak Wealth
California
$194K +$1.42M +13,858 New
Daiwa Securities Group
256
Daiwa Securities Group
Japan
$192K +$83.2K +812 +6%
CSS
257
Cubist Systematic Strategies
Connecticut
$187K +$1.35M +13,129 +4,827%
VFA
258
Valeo Financial Advisors
Indiana
$186K +$1.36M +13,302 New
IWC
259
Integrated Wealth Concepts
Massachusetts
$186K +$1.36M +13,271 New
TI
260
Tidal Investments
Wisconsin
$183K -$214K -2,084 -14%
GT
261
Glenmede Trust
Pennsylvania
$183K +$1.09M +10,634 +437%
CS
262
Candriam SCA
Luxembourg
$178K -$931K -9,087 -40%
KWM
263
Keebeck Wealth Management
Illinois
$176K +$1.29M +12,604 New
NCM
264
Northside Capital Management
Oregon
$175K +$1.28M +12,490 New
FGI
265
Foresight Global Investors
New York
$174K +$1.28M +12,450 New
LSERS
266
Louisiana State Employees Retirement System
Louisiana
$169K +$30.7K +300 +3%
IIA
267
IPG Investment Advisors
California
$168K +$1.23M +12,040 New
GC
268
Guggenheim Capital
Illinois
$167K -$880K -8,589 -42%
CL
269
Choreo LLC
Illinois
$161K +$1.18M +11,524 New
Northwestern Mutual Wealth Management
270
Northwestern Mutual Wealth Management
Wisconsin
$159K -$13M -126,804 -92%
SWP
271
Stratos Wealth Partners
Ohio
$158K +$1.16M +11,276 New
IAA
272
Independent Advisor Alliance
North Carolina
$156K +$1.15M +11,176 New
MTIM
273
Marathon Trading Investment Management
Pennsylvania
$149K +$1.09M +10,680 New
Bank of Nova Scotia
274
Bank of Nova Scotia
Ontario, Canada
$145K -$16.9M -164,947 -94%
Allspring Global Investments
275
Allspring Global Investments
North Carolina
$144K -$25.4K -248 -2%

FRC Hedge Fund Activity: Q1 2023 in Review

494 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q1 2023, worth a combined $1.63B — down 93% from $22.3B a quarter earlier.

Sellers outnumbered buyers: 342 funds closed out of FRC and 126 opened new positions — a net loss of 216 holders — while 167 trimmed existing stakes and 172 added.

The largest buyer was Renaissance Technologies, adding an estimated $734M. The largest seller was Capital International Investors, cutting an estimated $1.02B.

  • 494 institutional investors held First Republic Bank (FRC) as of Q1 2023, down from 725 in Q4 2022.
  • Funds reported $1.63B of First Republic Bank stock for Q1 2023, down 93% quarter-over-quarter.
  • 126 funds opened new First Republic Bank positions in Q1 2023 and 342 closed out, a net change of -216 holders.
  • The largest First Republic Bank buyer in Q1 2023 was Renaissance Technologies, an estimated $734M added.
  • The largest First Republic Bank seller in Q1 2023 was Capital International Investors, an estimated $1.02B sold.

Based on aggregated 13F filings for Q1 2023.