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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
CWM
551
Congress Wealth Management
Massachusetts
-$16.7M -136,777 Closed
NIM
552
Northeast Investment Management
Massachusetts
-$16.3M -133,807 Closed
EAM
553
Eventide Asset Management
Massachusetts
-$16.1M -132,371 Closed
PCH
554
Polar Capital Holdings
United Kingdom
-$15.8M -129,451 Closed
DIA
555
Davidson Investment Advisors
Montana
-$15.3M -125,345 Closed
VIM
556
Vancity Investment Management
British Columbia, Canada
-$14.9M -122,075 Closed
WIM
557
Weitz Investment Management
Nebraska
-$14.3M -117,450 Closed
CRM
558
Cramer Rosenthal McGlynn
Connecticut
-$13.7M -112,183 Closed
State of New Jersey Common Pension Fund D
559
State of New Jersey Common Pension Fund D
New Jersey
-$12.9M -105,884 Closed
GIP
560
Granite Investment Partners
California
-$12.8M -105,078 Closed
HI
561
Handelsinvest Investeringsforvaltning
Denmark
-$12.7M -103,917 Closed
AAM
562
Aureus Asset Management
Massachusetts
-$12.3M -101,205 Closed
CWM
563
Cabot Wealth Management
Massachusetts
-$11.5M -93,982 Closed
Massachusetts Financial Services
564
Massachusetts Financial Services
Massachusetts
-$11.2M -91,574 Closed
AT
565
AMF Tjänstepension
Sweden
-$10.8M -88,173 Closed
LWIC
566
Leith Wheeler Investment Counsel
British Columbia, Canada
-$10.3M -84,320 Closed
BPWM
567
Badgley Phelps Wealth Managers
Washington
-$9.34M -76,592 Closed
LP
568
LMR Partners
United Kingdom
-$9.25M -75,849 Closed
MP
569
Makaira Partners
California
-$9.14M -75,000 Closed
HCM
570
Hahn Capital Management
California
-$9.13M -74,876 Closed
WMSA
571
Weiss Multi-Strategy Advisers
New York
-$9.03M -74,066 Closed
CFM
572
Coronation Fund Managers
South Africa
-$8.5M -69,768 Closed
MC
573
Middleton & Co
Massachusetts
-$7.98M -65,435 Closed
WorldQuant Millennium Advisors
574
WorldQuant Millennium Advisors
New York
-$7.74M -63,455 Closed
1832 Asset Management
575
1832 Asset Management
Ontario, Canada
-$6.7M -54,983 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.