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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
IB
701
Intrust Bank
Kansas
-$530K -4,352 Closed
SAM
702
Silvercrest Asset Management
New York
-$516K -4,231 Closed
LNWWM
703
Laird Norton Wetherby Wealth Management
California
-$510K -4,186 Closed
ECM
704
Everence Capital Management
Indiana
-$510 -4,180 Closed
Baird Financial Group
705
Baird Financial Group
Wisconsin
-$505K -4,147 Closed
LFG
706
Lazard Frères Gestion
France
-$442K -4,131 Closed
AWA
707
Arete Wealth Advisors
Illinois
-$503M -4,126 Closed
SCA
708
Snowden Capital Advisors
New York
-$492K -4,036 Closed
PA
709
Procyon Advisors
Connecticut
-$492K -4,034 Closed
BBVA
710
Banco Bilbao Vizcaya Argentaria
Spain
-$489K -4,013 Closed
PCP
711
Proficio Capital Partners
Massachusetts
-$467K -3,832 Closed
SW
712
SVB Wealth
Massachusetts
-$460K -3,777 Closed
EFL
713
ERn Financial LLC
Wisconsin
-$457K -3,750 Closed
TMAM
714
Tokio Marine Asset Management
Japan
-$440K -3,606 Closed
MOS
715
MGO One Seven
Ohio
-$436K -3,580 Closed
PAM
716
Panagora Asset Management
Massachusetts
-$435K -3,568 Closed
TPW
717
Transatlantique Private Wealth
New York
-$434K -3,549 Closed
SCI
718
S&CO Inc
Massachusetts
-$432K -3,545 Closed
AC
719
AXQ Capital
New Jersey
-$427K -3,500 Closed
PA
720
Profund Advisors
Maryland
-$426K -3,494 Closed
RJT
721
Raymond James Trust
Florida
-$424K -3,475 Closed
Mercer Global Advisors
722
Mercer Global Advisors
Colorado
-$398K -3,265 Closed
FRM
723
Fox Run Management
Connecticut
-$385K -3,158 Closed
PMAM
724
Picton Mahoney Asset Management
Ontario, Canada
-$323K -3,150 Closed
ATC
725
Argent Trust Co
Tennessee
-$383K -3,139 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.