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FRC

First Republic Bank

Delisted

FRC was delisted on the 28th of April, 2023.

494 hedge funds and large institutions have $1.63B invested in First Republic Bank in 2023 Q1 according to their latest regulatory filings, with 126 funds opening new positions, 172 increasing their positions, 167 reducing their positions, and 342 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more repeat investments, than reductions

Existing positions increased: 172 | Existing positions reduced: 167

32% less funds holding

Funds holding: 725494 (-231)

53% less call options, than puts

Call options by funds: $263M | Put options by funds: $565M

63% less first-time investments, than exits

New positions opened: 126 | Existing positions closed: 342

67% less funds holding in top 10

Funds holding in top 10: 93 (-6)

93% less capital invested

Capital invested by funds: $22.3B → $1.63B (-$20.7B)

Holders
494
Holders Change
-231
Holders Change %
-31.86%
% of All Funds
7.87%
Holding in Top 10
3
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-66.67%
% of All Funds
0.05%
New
126
Increased
172
Reduced
167
Closed
342
Calls
$263M
Puts
$565M
Net Calls
-$302M
Net Calls Change
-$280M
Name Holding Trade Value Shares
Change
Change in
Stake
Artisan Partners
501
Artisan Partners
Wisconsin
-$174M -1,431,001 Closed
CAM
502
Congress Asset Management
Massachusetts
-$156M -1,276,344 Closed
Boston Partners
503
Boston Partners
Massachusetts
-$151M -1,240,012 Closed
Parnassus Investments
504
Parnassus Investments
California
-$137M -1,120,673 Closed
ClearBridge Investments
505
ClearBridge Investments
New York
-$127M -1,038,134 Closed
Handelsbanken Fonder
506
Handelsbanken Fonder
Sweden
-$109M -894,151 Closed
SSM
507
Sound Shore Management
Connecticut
-$96M -787,896 Closed
AAMU
508
AEGON Asset Management (UK)
United Kingdom
-$76.9M -630,866 Closed
ECM
509
Ensemble Capital Management
California
-$75M -615,318 Closed
ACA
510
Anchor Capital Advisors
Massachusetts
-$74.7M -612,946 Closed
Capital World Investors
511
Capital World Investors
California
-$70.8M -580,634 Closed
DWA
512
Douglass Winthrop Advisors
New York
-$70.5M -578,534 Closed
NRCM
513
North Reef Capital Management
California
-$65.8M -540,209 Closed
MVIP
514
Mar Vista Investment Partners
California
-$65.4M -536,569 Closed
QCMNJ
515
Quantum Capital Management (New Jersey)
New Jersey
-$64.1M -525,501 Closed
TSW
516
Thompson Siegel & Walmsley
Virginia
-$52.2M -509,534 -100%
Mitsubishi UFJ Trust & Banking
517
Mitsubishi UFJ Trust & Banking
Japan
-$61.4M -503,585 Closed
Natixis Advisors
518
Natixis Advisors
Massachusetts
-$59.3M -486,746 Closed
JCM
519
Junto Capital Management
New York
-$56.3M -461,755 Closed
SC
520
Samlyn Capital
New York
-$51.6M -422,989 Closed
PI
521
Putnam Investments
Massachusetts
-$50.4M -413,357 Closed
GPGA
522
Grandeur Peak Global Advisors
Utah
-$47.9M -392,590 Closed
Voloridge Investment Management
523
Voloridge Investment Management
Florida
-$45.3M -371,938 Closed
Luther King Capital Management (LKCM)
524
Luther King Capital Management (LKCM)
Texas
-$42.9M -352,160 Closed
Westfield Capital Management
525
Westfield Capital Management
Massachusetts
-$36.7M -301,043 Closed

FRC Hedge Fund Activity: Q1 2023 in Review

494 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q1 2023, worth a combined $1.63B — down 93% from $22.3B a quarter earlier.

Sellers outnumbered buyers: 342 funds closed out of FRC and 126 opened new positions — a net loss of 216 holders — while 167 trimmed existing stakes and 172 added.

The largest buyer was Renaissance Technologies, adding an estimated $734M. The largest seller was Capital International Investors, cutting an estimated $1.02B.

  • 494 institutional investors held First Republic Bank (FRC) as of Q1 2023, down from 725 in Q4 2022.
  • Funds reported $1.63B of First Republic Bank stock for Q1 2023, down 93% quarter-over-quarter.
  • 126 funds opened new First Republic Bank positions in Q1 2023 and 342 closed out, a net change of -216 holders.
  • The largest First Republic Bank buyer in Q1 2023 was Renaissance Technologies, an estimated $734M added.
  • The largest First Republic Bank seller in Q1 2023 was Capital International Investors, an estimated $1.02B sold.

Based on aggregated 13F filings for Q1 2023.