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FRC

First Republic Bank

Delisted

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

92 hedge funds and large institutions have $10.7M invested in First Republic Bank in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 12 increasing their positions, 38 reducing their positions, and 410 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 38

73% less call options, than puts

Call options by funds: $471K | Put options by funds: $1.74M

81% less funds holding

Funds holding: 49492 (-402)

97% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 410

99% less capital invested

Capital invested by funds: $1.63B → $10.7M (-$1.62B)

100% less funds holding in top 10

Funds holding in top 10: 30 (-3)

Holders
92
Holders Change
-402
Holders Change %
-81.38%
% of All Funds
1.44%
Holding in Top 10
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-100%
% of All Funds
New
12
Increased
12
Reduced
38
Closed
410
Calls
$471K
Puts
$1.74M
Net Calls
-$1.27M
Net Calls Change
+$301M
Name Holding Trade Value Shares
Change
Change in
Stake
Public Employees Retirement Association of Colorado
276
Public Employees Retirement Association of Colorado
Colorado
-$309K -22,064 Closed
AQR Capital Management
277
AQR Capital Management
Connecticut
-$296K -22,005 Closed
CNB
278
Czech National Bank
Czech Republic
-$307K -21,917 Closed
FFA
279
First Foundation Advisors
California
-$305K -21,806 Closed
PCM
280
Penserra Capital Management
California
-$302K -21,787 Closed
Aviva
281
Aviva
United Kingdom
-$288K -20,593 Closed
Teacher Retirement System of Texas
282
Teacher Retirement System of Texas
Texas
-$285K -20,345 Closed
OR
283
Olympiad Research
Connecticut
-$275K -19,627 Closed
PCM
284
Prelude Capital Management
New York
-$275K -19,627 Closed
BWP
285
Baldwin Wealth Partners
Massachusetts
-$273K -19,520 Closed
NAM
286
Nissay Asset Management
Japan
-$268K -19,143 Closed
Thrivent Financial for Lutherans
287
Thrivent Financial for Lutherans
Minnesota
-$265K -18,923 Closed
BNP Paribas Asset Management
288
BNP Paribas Asset Management
France
-$260K -18,600 Closed
US Bancorp
289
US Bancorp
Minnesota
-$258K -18,410 Closed
GRP
290
Global Retirement Partners
California
-$6.03K -18,074 Closed
PFO
291
Pathstone Family Office
New Jersey
-$245K -17,492 Closed
WBC
292
Westpac Banking Corp
Australia
-$241K -17,226 Closed
Verition Fund Management
293
Verition Fund Management
Connecticut
-$238K -17,033 Closed
William Blair & Company
294
William Blair & Company
Illinois
-$237K -16,929 Closed
BCIM
295
British Columbia Investment Management
British Columbia, Canada
-$228K -16,322 Closed
AI
296
Atom Investors
Texas
-$222K -15,879 Closed
HIMCH
297
Hartford Investment Management Co (HIMCO)
Connecticut
-$216K -15,457 Closed
BRWA
298
B. Riley Wealth Advisors
Florida
-$216K -15,420 Closed
SAM
299
Securian Asset Management
Minnesota
-$215K -15,351 Closed
SG Americas Securities
300
SG Americas Securities
New York
-$214K -15,308 Closed

FRC Hedge Fund Activity: Q2 2023 in Review

92 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q2 2023, worth a combined $10.7M — down 99% from $1.63B a quarter earlier.

Sellers outnumbered buyers: 410 funds closed out of FRC and 12 opened new positions — a net loss of 398 holders — while 38 trimmed existing stakes and 12 added.

The largest buyer was Basswood Capital Management, adding an estimated $7.71M. The largest seller was Vanguard Group, exiting entirely with an estimated $297M sold.

  • 92 institutional investors held First Republic Bank (FRC) as of Q2 2023, down from 494 in Q1 2023.
  • Funds reported $10.7M of First Republic Bank stock for Q2 2023, down 99% quarter-over-quarter.
  • 12 funds opened new First Republic Bank positions in Q2 2023 and 410 closed out, a net change of -398 holders.
  • The largest First Republic Bank buyer in Q2 2023 was Basswood Capital Management, an estimated $7.71M added.
  • The largest First Republic Bank seller in Q2 2023 was Vanguard Group, an estimated $297M sold.

Based on aggregated 13F filings for Q2 2023.