First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
544 hedge funds and large institutions have $17B invested in First Republic Bank in 2019 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 217 increasing their positions, 190 reducing their positions, and 58 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 217 | Existing positions reduced: 190
11% more call options, than puts
Call options by funds: $24.6M | Put options by funds: $22.1M
5% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 58
1% less funds holding
Funds holding: 548 → 544 (-4)
7% less capital invested
Capital invested by funds: $18.2B → $17B (-$1.19B)
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$127M |
| 2 |
Citigroup
New York
|
+$106M |
| 3 |
Swedbank
Stockholm,
Sweden
|
+$105M |
| 4 |
BlackRock
New York
|
+$35.3M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$333M |
| 2 |
Parnassus Investments
San Francisco,
California
|
-$207M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$146M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$139M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$81.3M |
FRC Hedge Fund Activity: Q2 2019 in Review
544 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q2 2019, worth a combined $17B — down 6.5% from $18.2B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new FRC positions and 58 closed out — a net gain of 3 holders — while 217 added to existing stakes and 190 trimmed.
The largest buyer was Nuveen, adding an estimated $127M. The largest seller was Baillie Gifford & Co, cutting an estimated $333M.
- 544 institutional investors held First Republic Bank (FRC) as of Q2 2019, down from 548 in Q1 2019.
- Funds reported $17B of First Republic Bank stock for Q2 2019, down 6.5% quarter-over-quarter.
- 61 funds opened new First Republic Bank positions in Q2 2019 and 58 closed out, a net change of +3 holders.
- The largest First Republic Bank buyer in Q2 2019 was Nuveen, an estimated $127M added.
- The largest First Republic Bank seller in Q2 2019 was Baillie Gifford & Co, an estimated $333M sold.
Based on aggregated 13F filings for Q2 2019.