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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
Principal Financial Group
51
Principal Financial Group
Iowa
$3.19M -$273M -2,661,360 -92%
AllianceBernstein
52
AllianceBernstein
Tennessee
$3.17M -$1.81M -17,624 -7%
HSBC Holdings
53
HSBC Holdings
United Kingdom
$3.13M -$5.67M -55,299 -20%
Allianz Asset Management
54
Allianz Asset Management
Germany
$3.04M +$19.6M +190,872 +725%
BNP Paribas Financial Markets
55
BNP Paribas Financial Markets
France
$2.94M +$9.81M +95,669 +84%
Wells Fargo
56
Wells Fargo
California
$2.91M -$18.4M -179,947 -46%
State Board of Administration of Florida Retirement System
57
State Board of Administration of Florida Retirement System
Florida
$2.88M -$73.8K -720 -0.3%
WP
58
Wedgewood Partners
Missouri
$2.82M +$1.82M +17,738 +10%
DA
59
Duality Advisers
Florida
$2.72M +$19.9M +194,134 New
UBS Group
60
UBS Group
Switzerland
$2.69M -$17.2M -168,253 -47%
New York State Teachers Retirement System (NYSTRS)
61
New York State Teachers Retirement System (NYSTRS)
New York
$2.63M -$28.7K -280 -0.1%
Adage Capital Partners
62
Adage Capital Partners
Massachusetts
$2.59M +$19M +185,449 New
SAMU
63
SONA Asset Management (US)
New York
$2.52M +$18.4M +180,000 New
RJFSA
64
Raymond James Financial Services Advisors
Florida
$2.5M +$14M +136,342 +320%
ACM
65
Ararat Capital Management
Connecticut
$2.47M +$18.1M +176,412 New
New York State Common Retirement Fund
66
New York State Common Retirement Fund
New York
$2.41M -$1.93M -18,879 -10%
EP
67
Edgestream Partners
New Jersey
$2.32M +$16.6M +162,264 +4,212%
Rafferty Asset Management
68
Rafferty Asset Management
New York
$2.29M +$7.47M +72,868 +80%
Fidelity International
69
Fidelity International
Bermuda
$2.2M -$91.6M -894,095 -85%
Ensign Peak Advisors
70
Ensign Peak Advisors
Utah
$2.16M -$198M -1,928,550 -93%
SAM
71
Scion Asset Management
California
$2.1M +$15.4M +150,000 New
Fidelity Investments
72
Fidelity Investments
Massachusetts
$2.06M -$65.8M -641,622 -81%
Amundi
73
Amundi
France
$2.01M -$11.9M -115,643 -44%
Mitsubishi UFJ Asset Management
74
Mitsubishi UFJ Asset Management
Japan
$1.98M +$1.19M +11,608 +9%
Mackenzie Financial
75
Mackenzie Financial
Ontario, Canada
$1.97M -$1.45M -14,114 -9%

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.