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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
Fisher Asset Management
526
Fisher Asset Management
Washington
-$36.7M -300,877 Closed
CVA
527
Ceredex Value Advisors
Florida
-$34.4M -282,100 Closed
Axa
528
Axa
France
-$34.4M -281,814 Closed
CTB
529
Country Trust Bank
Illinois
-$32.7M -267,944 Closed
VNIM
530
Vaughan Nelson Investment Management
Texas
-$32.1M -263,144 Closed
MDSL
531
M.D. Sass LLC
New York
-$31.2M -255,849 Closed
National Pension Service
532
National Pension Service
South Korea
-$30.8M -252,427 Closed
CRC
533
Curi RMB Capital
Illinois
-$30.4M -249,489 Closed
Assenagon Asset Management
534
Assenagon Asset Management
Luxembourg
-$30.1M -246,622 Closed
BAMCO Inc
535
BAMCO Inc
New York
-$29.8M -244,477 Closed
BCM
536
Becker Capital Management
Oregon
-$28.9M -237,110 Closed
GC
537
Giverny Capital
Quebec, Canada
-$28.9M -236,893 Closed
NIG
538
NFJ Investment Group
Texas
-$27.7M -227,499 Closed
AIM
539
Artemis Investment Management
United Kingdom
-$26M -212,286 Closed
BFM
540
Boston Financial Management
Massachusetts
-$24.6M -201,626 Closed
OWP
541
Obermeyer Wealth Partners
Colorado
-$24.6M -201,600 Closed
Balyasny Asset Management
542
Balyasny Asset Management
Illinois
-$18.5M -180,059 Closed
SEI Investments
543
SEI Investments
Pennsylvania
-$20.4M -167,396 Closed
ERSOT
544
Employees Retirement System of Texas
Texas
-$20.4M -167,000 Closed
TAM
545
Trillium Asset Management
Massachusetts
-$20M -164,465 Closed
BFO
546
Boston Family Office
Massachusetts
-$19.3M -158,409 Closed
OCM
547
Osterweis Capital Management
California
-$19.3M -158,338 Closed
HCM
548
Howland Capital Management
Massachusetts
-$19M -155,596 Closed
GC
549
Gillson Capital
Illinois
-$18.2M -149,462 Closed
CGPCS
550
Capital Group Private Client Services
California
-$18M -147,491 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.