First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
466 hedge funds and large institutions have $14B invested in First Republic Bank in 2016 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 165 increasing their positions, 181 reducing their positions, and 44 closing their positions.
106% more call options, than puts
Call options by funds: $26.6M | Put options by funds: $12.9M
48% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 44
25% more funds holding in top 10
Funds holding in top 10: 20 → 25 (+5)
24% more capital invested
Capital invested by funds: $11.3B → $14B (+$2.71B)
3% more funds holding
Funds holding: 453 → 466 (+13)
9% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 181
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$356M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$296M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$75.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$55.5M |
| 5 |
State Street
Boston,
Massachusetts
|
+$53.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aristotle Capital Management
Los Angeles,
California
|
-$73.2M |
| 2 |
AT
Alliance Trust
Dundee, Scotland,
United Kingdom
|
-$69.1M |
| 3 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$44.4M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$43.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$43.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OI
501
Oakbrook Investments
Lisle,
Illinois
| – | -$224K | -2,900 | Closed |
|
502
SG Americas Securities
New York
| – | -$140K | -1,816 | Closed |
|
|
WTB
503
Washington Trust Bank
Spokane,
Washington
| – | -$61K | -789 | Closed |
|
|
IWMPD
504
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$21K | -267 | Closed |
|
|
JFA
505
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$9K | -119 | Closed |
|
|
S
506
SignatureFD
Atlanta,
Georgia
| – | -$9K | -119 | Closed |
|
|
NC
507
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$9K | -114 | Closed |
|
|
WIC
508
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$3K | -37 | Closed |
|
|
TWA
509
TCI Wealth Advisors
Tucson,
Arizona
| – | -$3K | -36 | Closed |
|
|
WA
510
WFG Advisors
Dallas,
Texas
| – | -$2K | -28 | Closed |
|
FRC Hedge Fund Activity: Q4 2016 in Review
466 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q4 2016, worth a combined $14B — up 24% from $11.3B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new FRC positions and 44 closed out — a net gain of 21 holders — while 165 added to existing stakes and 181 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $356M. The largest seller was Aristotle Capital Management, cutting an estimated $73.2M.
- 466 institutional investors held First Republic Bank (FRC) as of Q4 2016, up from 453 in Q3 2016.
- Funds reported $14B of First Republic Bank stock for Q4 2016, up 24% quarter-over-quarter.
- 65 funds opened new First Republic Bank positions in Q4 2016 and 44 closed out, a net change of +21 holders.
- The largest First Republic Bank buyer in Q4 2016 was 1832 Asset Management, an estimated $356M added.
- The largest First Republic Bank seller in Q4 2016 was Aristotle Capital Management, an estimated $73.2M sold.
Based on aggregated 13F filings for Q4 2016.