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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
SAM
651
Security Asset Management
New York
-$1.19M -9,800 Closed
SB
652
Simmons Bank
Arkansas
-$1.18M -9,684 Closed
CC
653
Cipher Capital
New York
-$1.17M -9,609 Closed
PWM
654
Perigon Wealth Management
California
-$1.16M -9,557 Closed
PP
655
Prudential plc
United Kingdom
-$1.16M -9,544 Closed
BCM
656
Barden Capital Management
Texas
-$1.16M -9,526 Closed
PCA
657
Pallas Capital Advisors
Massachusetts
-$1.27M -9,322 Closed
NB
658
Norinchukin Bank
Japan
-$1.13M -9,310 Closed
PCM
659
Palisade Capital Management
New Jersey
-$1.09M -8,970 Closed
CAM
660
Cresset Asset Management
Illinois
-$731K -8,909 Closed
LA
661
LBP AM
France
-$1.08M -8,835 Closed
Cetera Investment Advisers
662
Cetera Investment Advisers
Illinois
-$1.05M -8,610 Closed
ERWM
663
Elk River Wealth Management
Colorado
-$1.03M -8,423 Closed
NIMI
664
Natixis Investment Managers International
France
-$1.02M -8,345 Closed
SLI
665
Sumitomo Life Insurance
Japan
-$1.01M -8,311 Closed
SCP
666
Stamos Capital Partners
California
-$995K -8,160 Closed
WF
667
Welch & Forbes
Massachusetts
-$967K -7,931 Closed
GKWIM
668
Gerber Kawasaki Wealth & Investment Management
California
-$962K -7,895 Closed
AC
669
Allstate Corporation
Illinois
-$959K -7,869 Closed
UCFA
670
United Capital Financial Advisors
Texas
-$942K -7,725 Closed
KeyBank National Association
671
KeyBank National Association
Ohio
-$939K -7,704 Closed
Credit Agricole
672
Credit Agricole
France
-$930K -7,626 Closed
MGP
673
Metis Global Partners
California
-$927K -7,607 Closed
V
674
Veritable
Delaware
-$909K -7,454 Closed
SI
675
Sapience Investments
California
-$871K -7,145 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.