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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
Bank of New York Mellon
26
Bank of New York Mellon
New York
$248M +$11.4M +70,549 +5%
CAM
27
Congress Asset Management
Massachusetts
$245M -$7.13M -43,991 -3%
Fidelity Investments
28
Fidelity Investments
Massachusetts
$206M +$120M +743,608 +152%
Morgan Stanley
29
Morgan Stanley
New York
$205M -$14.2M -87,587 -7%
Barclays
30
Barclays
United Kingdom
$196M +$24.5M +151,471 +15%
Legal & General Group
31
Legal & General Group
United Kingdom
$194M -$1.31M -8,083 -0.7%
KBC Group
32
KBC Group
Belgium
$189M +$7.06M +43,586 +4%
WRF
33
Waddell & Reed Financial
Kansas
$180M -$1.26M -7,750 -0.7%
N
34
Nuveen
North Carolina
$173M +$2.21M +13,638 +1%
Public Employees Retirement Association of Colorado
35
Public Employees Retirement Association of Colorado
Colorado
$165M
Bank of America
36
Bank of America
North Carolina
$161M +$34.3M +211,465 +28%
MVIP
37
Mar Vista Investment Partners
California
$160M +$7.8M +48,186 +5%
SP
38
Sarasin & Partners
United Kingdom
$152M -$9.01M -55,651 -6%
Goldman Sachs
39
Goldman Sachs
New York
$146M -$38.9M -239,943 -21%
DLA
40
Douglas Lane & Associates
New York
$140M -$3.71M -22,876 -3%
PPA
41
Parametric Portfolio Associates
Washington
$139M -$165K -1,018 -0.1%
Parnassus Investments
42
Parnassus Investments
California
$134M -$28.9M -178,522 -18%
Charles Schwab
43
Charles Schwab
California
$126M +$4.06M +25,039 +3%
Dimensional Fund Advisors
44
Dimensional Fund Advisors
Texas
$126M -$1.66M -10,273 -1%
PI
45
Putnam Investments
Massachusetts
$126M -$1.27M -7,870 -1%
Aberdeen Group
46
Aberdeen Group
United Kingdom
$119M -$114M -701,724 -50%
Wells Fargo
47
Wells Fargo
California
$116M +$41.7M +257,701 +59%
ClearBridge Investments
48
ClearBridge Investments
New York
$116M +$6.33M +39,108 +6%
UBS AM
49
UBS AM
Illinois
$115M +$1.08M +6,671 +1%
Swedbank
50
Swedbank
Sweden
$115M -$170K -1,049 -0.2%

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.