First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
724 hedge funds and large institutions have $24.6B invested in First Republic Bank in 2022 Q2 according to their latest regulatory filings, with 75 funds opening new positions, 298 increasing their positions, 256 reducing their positions, and 72 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
16% more repeat investments, than reductions
Existing positions increased: 298 | Existing positions reduced: 256
4% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 72
3% less call options, than puts
Call options by funds: $42.5M | Put options by funds: $43.8M
1% less funds holding
Funds holding: 735 → 724 (-11)
9% less capital invested
Capital invested by funds: $27.1B → $24.6B (-$2.55B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$599M |
| 2 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
+$224M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$191M |
| 4 |
Morgan Stanley
New York
|
+$81.2M |
| 5 |
Select Equity Group
New York
|
+$79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
-$482M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$359M |
| 3 |
State Street
Boston,
Massachusetts
|
-$101M |
| 4 |
Millennium Management
New York
|
-$85.5M |
| 5 |
Renaissance Technologies
New York
|
-$80.6M |
FRC Hedge Fund Activity: Q2 2022 in Review
724 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q2 2022, worth a combined $24.6B — down 9.4% from $27.1B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new FRC positions and 72 closed out — a net gain of 3 holders — while 298 added to existing stakes and 256 trimmed.
The largest buyer was Capital International Investors, adding an estimated $599M. The largest seller was WCM Investment Management, exiting entirely with an estimated $482M sold.
- 724 institutional investors held First Republic Bank (FRC) as of Q2 2022, down from 735 in Q1 2022.
- Funds reported $24.6B of First Republic Bank stock for Q2 2022, down 9.4% quarter-over-quarter.
- 75 funds opened new First Republic Bank positions in Q2 2022 and 72 closed out, a net change of +3 holders.
- The largest First Republic Bank buyer in Q2 2022 was Capital International Investors, an estimated $599M added.
- The largest First Republic Bank seller in Q2 2022 was WCM Investment Management, an estimated $482M sold.
Based on aggregated 13F filings for Q2 2022.