First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
548 hedge funds and large institutions have $18.2B invested in First Republic Bank in 2019 Q1 according to their latest regulatory filings, with 89 funds opening new positions, 207 increasing their positions, 174 reducing their positions, and 42 closing their positions.
112% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 42
19% more repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 174
18% more call options, than puts
Call options by funds: $38.3M | Put options by funds: $32.6M
15% more capital invested
Capital invested by funds: $15.8B → $18.2B (+$2.38B)
8% more funds holding
Funds holding: 506 → 548 (+42)
0% more funds holding in top 10
Funds holding in top 10: 14 → 14 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$395M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
+$80.1M |
| 3 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$55.8M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$50.2M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$35.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$192M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$185M |
| 3 |
BlackRock
New York
|
-$122M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$71.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$70.7M |
FRC Hedge Fund Activity: Q1 2019 in Review
548 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q1 2019, worth a combined $18.2B — up 15% from $15.8B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new FRC positions and 42 closed out — a net gain of 47 holders — while 207 added to existing stakes and 174 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $395M. The largest seller was Vanguard Group, cutting an estimated $192M.
- 548 institutional investors held First Republic Bank (FRC) as of Q1 2019, up from 506 in Q4 2018.
- Funds reported $18.2B of First Republic Bank stock for Q1 2019, up 15% quarter-over-quarter.
- 89 funds opened new First Republic Bank positions in Q1 2019 and 42 closed out, a net change of +47 holders.
- The largest First Republic Bank buyer in Q1 2019 was Goldman Sachs, an estimated $395M added.
- The largest First Republic Bank seller in Q1 2019 was Vanguard Group, an estimated $192M sold.
Based on aggregated 13F filings for Q1 2019.