First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
711 hedge funds and large institutions have $32.6B invested in First Republic Bank in 2021 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 278 increasing their positions, 245 reducing their positions, and 29 closing their positions.
166% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 29
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
13% more repeat investments, than reductions
Existing positions increased: 278 | Existing positions reduced: 245
6% more funds holding
Funds holding: 672 → 711 (+39)
3% more capital invested
Capital invested by funds: $31.5B → $32.6B (+$1B)
39% less call options, than puts
Call options by funds: $20.7M | Put options by funds: $34.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$223M |
| 2 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
+$81.6M |
| 3 |
BlackRock
New York
|
+$78.1M |
| 4 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
+$74.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$61.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$208M |
| 2 |
JP Morgan Chase
New York
|
-$164M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$129M |
| 4 |
KBC Group
Brussels,
Belgium
|
-$110M |
| 5 |
Select Equity Group
New York
|
-$97.2M |
FRC Hedge Fund Activity: Q3 2021 in Review
711 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q3 2021, worth a combined $32.6B — up 3.2% from $31.5B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new FRC positions and 29 closed out — a net gain of 48 holders — while 278 added to existing stakes and 245 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $223M. The largest seller was Royal Bank of Canada, cutting an estimated $208M.
- 711 institutional investors held First Republic Bank (FRC) as of Q3 2021, up from 672 in Q2 2021.
- Funds reported $32.6B of First Republic Bank stock for Q3 2021, up 3.2% quarter-over-quarter.
- 77 funds opened new First Republic Bank positions in Q3 2021 and 29 closed out, a net change of +48 holders.
- The largest First Republic Bank buyer in Q3 2021 was 1832 Asset Management, an estimated $223M added.
- The largest First Republic Bank seller in Q3 2021 was Royal Bank of Canada, an estimated $208M sold.
Based on aggregated 13F filings for Q3 2021.