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FRC

First Republic Bank

Delisted

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

678 hedge funds and large institutions have $28B invested in First Republic Bank in 2021 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 255 increasing their positions, 241 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

104% more first-time investments, than exits

New positions opened: 96 | Existing positions closed: 47

44% more funds holding in top 10

Funds holding in top 10: 913 (+4)

19% more call options, than puts

Call options by funds: $30.5M | Put options by funds: $25.6M

11% more capital invested

Capital invested by funds: $25.3B → $28B (+$2.66B)

7% more funds holding

Funds holding: 635678 (+43)

6% more repeat investments, than reductions

Existing positions increased: 255 | Existing positions reduced: 241

Holders
678
Holders Change
+43
Holders Change %
+6.77%
% of All Funds
11.91%
Holding in Top 10
13
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+44.44%
% of All Funds
0.23%
New
96
Increased
255
Reduced
241
Closed
47
Calls
$30.5M
Puts
$25.6M
Net Calls
+$4.92M
Net Calls Change
+$11.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Janney Montgomery Scott
301
Janney Montgomery Scott
Pennsylvania
$2.8M +$15.4K +95 +0.6%
Mirae Asset Global Investments
302
Mirae Asset Global Investments
South Korea
$2.8M -$152K -939 -5%
Public Sector Pension Investment Board (PSP Investments)
303
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.78M +$483K +2,980 +22%
SAM
304
Securian Asset Management
Minnesota
$2.52M -$61.9K -382 -2%
TCA
305
Transcend Capital Advisors
New Jersey
$2.51M -$1.62M -9,999 -40%
ETC
306
Exchange Traded Concepts
Oklahoma
$2.41M +$2.34M +14,433 New
OPERF
307
Oregon Public Employees Retirement Fund
Oregon
$2.39M +$126K +777 +6%
PP
308
Paloma Partners
Connecticut
$2.35M +$2.28M +14,070 New
N
309
Natixis
France
$2.33M +$2.26M +13,949 New
GAM
310
Gotham Asset Management
New York
$2.31M +$271K +1,674 +14%
MAM
311
Majedie Asset Management
United Kingdom
$2.25M -$60.6K -374 -3%
MSRPS
312
Maryland State Retirement & Pension System
Maryland
$2.2M +$1.69M +10,422 +373%
WBC
313
Westpac Banking Corp
Australia
$2.19M
BOS
314
Bingham Osborn & Scarborough
California
$2.12M +$3.89K +24 +0.2%
EMPI
315
Elo Mutual Pension Insurance
Finland
$2.09M +$60.1K +371 +3%
EMG
316
ETF Managers Group
New Jersey
$2.07M +$1.45M +8,935 +264%
ELI
317
Empire Life Investments
Ontario, Canada
$2.07M +$11.5K +71 +0.6%
SAM
318
Security Asset Management
New York
$2.07M -$64.8K -400 -3%
MIFH
319
Migdal Insurance & Financial Holdings
Israel
$2.04M +$1.98M +12,248 New
ACA
320
Aptus Capital Advisors
Alabama
$2.01M +$609K +3,763 +45%
Bessemer Group
321
Bessemer Group
New Jersey
$1.97M -$280K -1,726 -13%
SLI
322
Sumitomo Life Insurance
Japan
$1.96M -$78.6K -485 -4%
FT
323
Fiduciary Trust
Massachusetts
$1.95M +$59.4K +367 +3%
IG
324
ING Group
Netherlands
$1.94M +$18.6K +115 +1%
P8IP
325
Pier 88 Investment Partners
California
$1.91M +$977K +6,030 +112%

FRC Hedge Fund Activity: Q1 2021 in Review

678 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q1 2021, worth a combined $28B — up 11% from $25.3B a quarter earlier.

Buyers outnumbered sellers: 96 funds opened new FRC positions and 47 closed out — a net gain of 49 holders — while 255 added to existing stakes and 241 trimmed.

The largest buyer was Alecta Tjanstepension Omsesidigt, adding an estimated $131M. The largest seller was JP Morgan Chase, cutting an estimated $328M.

  • 678 institutional investors held First Republic Bank (FRC) as of Q1 2021, up from 635 in Q4 2020.
  • Funds reported $28B of First Republic Bank stock for Q1 2021, up 11% quarter-over-quarter.
  • 96 funds opened new First Republic Bank positions in Q1 2021 and 47 closed out, a net change of +49 holders.
  • The largest First Republic Bank buyer in Q1 2021 was Alecta Tjanstepension Omsesidigt, an estimated $131M added.
  • The largest First Republic Bank seller in Q1 2021 was JP Morgan Chase, an estimated $328M sold.

Based on aggregated 13F filings for Q1 2021.