First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
580 hedge funds and large institutions have $17.7B invested in First Republic Bank in 2020 Q2 according to their latest regulatory filings, with 81 funds opening new positions, 222 increasing their positions, 217 reducing their positions, and 40 closing their positions.
103% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 40
27% more capital invested
Capital invested by funds: $13.9B → $17.7B (+$3.72B)
7% more funds holding
Funds holding: 543 → 580 (+37)
2% more repeat investments, than reductions
Existing positions increased: 222 | Existing positions reduced: 217
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
25% less call options, than puts
Call options by funds: $15.1M | Put options by funds: $20.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$108M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$81.9M |
| 3 |
JCM
Junto Capital Management
New York
|
+$57.4M |
| 4 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
+$53.9M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
+$50.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$242M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$201M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$125M |
| 4 |
JP Morgan Chase
New York
|
-$60.5M |
| 5 |
Swedbank
Stockholm,
Sweden
|
-$39.6M |
FRC Hedge Fund Activity: Q2 2020 in Review
580 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q2 2020, worth a combined $17.7B — up 27% from $13.9B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new FRC positions and 40 closed out — a net gain of 41 holders — while 222 added to existing stakes and 217 trimmed.
The largest buyer was Canada Pension Plan Investment Board, adding an estimated $108M. The largest seller was Capital Research Global Investors, cutting an estimated $242M.
- 580 institutional investors held First Republic Bank (FRC) as of Q2 2020, up from 543 in Q1 2020.
- Funds reported $17.7B of First Republic Bank stock for Q2 2020, up 27% quarter-over-quarter.
- 81 funds opened new First Republic Bank positions in Q2 2020 and 40 closed out, a net change of +41 holders.
- The largest First Republic Bank buyer in Q2 2020 was Canada Pension Plan Investment Board, an estimated $108M added.
- The largest First Republic Bank seller in Q2 2020 was Capital Research Global Investors, an estimated $242M sold.
Based on aggregated 13F filings for Q2 2020.