First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
566 hedge funds and large institutions have $18.1B invested in First Republic Bank in 2020 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 240 increasing their positions, 201 reducing their positions, and 58 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 240 | Existing positions reduced: 201
3% more capital invested
Capital invested by funds: $17.7B → $18.1B (+$470M)
2% less funds holding
Funds holding: 580 → 566 (-14)
21% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 58
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
40% less call options, than puts
Call options by funds: $11.5M | Put options by funds: $19.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$69.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$43M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$40.7M |
| 4 |
BlackRock
New York
|
+$34M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$25.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$148M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
-$55M |
| 3 |
JP Morgan Chase
New York
|
-$53.2M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$50.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$50.2M |
FRC Hedge Fund Activity: Q3 2020 in Review
566 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q3 2020, worth a combined $18.1B — up 2.7% from $17.7B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of FRC and 46 opened new positions — a net loss of 12 holders — while 201 trimmed existing stakes and 240 added.
The largest buyer was Baillie Gifford & Co, adding an estimated $69.2M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $148M.
- 566 institutional investors held First Republic Bank (FRC) as of Q3 2020, down from 580 in Q2 2020.
- Funds reported $18.1B of First Republic Bank stock for Q3 2020, up 2.7% quarter-over-quarter.
- 46 funds opened new First Republic Bank positions in Q3 2020 and 58 closed out, a net change of -12 holders.
- The largest First Republic Bank buyer in Q3 2020 was Baillie Gifford & Co, an estimated $69.2M added.
- The largest First Republic Bank seller in Q3 2020 was Canada Pension Plan Investment Board, an estimated $148M sold.
Based on aggregated 13F filings for Q3 2020.