First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
329 hedge funds and large institutions have $7.7B invested in First Republic Bank in 2014 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 142 increasing their positions, 113 reducing their positions, and 25 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 113
16% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 25
4% more capital invested
Capital invested by funds: $7.42B → $7.7B (+$275M)
1% more funds holding
Funds holding: 326 → 329 (+3)
0% more call options, than puts
Call options by funds: $38K | Put options by funds: $38K
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$182M |
| 2 |
CGI
CI Global Investments
Oakland,
California
|
+$61.9M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$45.7M |
| 4 |
ACM
Addison Clark Management
Stamford,
Connecticut
|
+$42.5M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$33.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$48.6M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$48.2M |
| 3 |
HIM
Hermes Investment Management
London Uk,
United Kingdom
|
-$36.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$32.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$26.3M |
FRC Hedge Fund Activity: Q2 2014 in Review
329 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q2 2014, worth a combined $7.7B — up 3.7% from $7.42B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FRC positions and 25 closed out — a net gain of 4 holders — while 142 added to existing stakes and 113 trimmed.
The largest buyer was Wells Fargo, adding an estimated $182M. The largest seller was Perkins Investment Management, cutting an estimated $48.6M.
- 329 institutional investors held First Republic Bank (FRC) as of Q2 2014, up from 326 in Q1 2014.
- Funds reported $7.7B of First Republic Bank stock for Q2 2014, up 3.7% quarter-over-quarter.
- 29 funds opened new First Republic Bank positions in Q2 2014 and 25 closed out, a net change of +4 holders.
- The largest First Republic Bank buyer in Q2 2014 was Wells Fargo, an estimated $182M added.
- The largest First Republic Bank seller in Q2 2014 was Perkins Investment Management, an estimated $48.6M sold.
Based on aggregated 13F filings for Q2 2014.