First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
727 hedge funds and large institutions have $22.6B invested in First Republic Bank in 2022 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 296 increasing their positions, 255 reducing their positions, and 65 closing their positions.
17% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 65
16% more repeat investments, than reductions
Existing positions increased: 296 | Existing positions reduced: 255
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
0% more funds holding
Funds holding: 724 → 727 (+3)
8% less capital invested
Capital invested by funds: $24.6B → $22.6B (-$2.03B)
54% less call options, than puts
Call options by funds: $18.5M | Put options by funds: $40M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$126M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$113M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$95.6M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$94.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$77.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$207M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$86.8M |
| 3 |
JCM
Junto Capital Management
New York
|
-$73.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$53.9M |
| 5 |
JP Morgan Chase
New York
|
-$51.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
776
Ahrens Investment Partners
Lafayette,
Louisiana
| – | -$5K | -36 | Closed |
|
|
PFGIA
777
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$4K | -25 | Closed |
|
|
GKIM
778
GW&K Investment Management
Boston,
Massachusetts
| – | -$3K | -23 | Closed |
|
|
COCM
779
Charter Oak Capital Management
Portsmouth,
New Hampshire
| – | -$3K | -20 | Closed |
|
|
SFG
780
Steward Financial Group
Colleyville,
Texas
| – | -$2K | -19 | Closed |
|
|
HFS
781
Heritage Financial Services
Westwood,
Massachusetts
| – | -$2K | -16 | Closed |
|
|
HS
782
Horan Securities
Cincinnati,
United States
| – | -$2K | -13 | Closed |
|
|
FPCP
783
Fort Point Capital Partners
San Francisco,
California
| – | -$2K | -12 | Closed |
|
784
Jones Financial Companies
Des Peres,
Missouri
| – | -$1K | -7 | Closed |
|
|
CA
785
CoreCap Advisors
Southfield,
Michigan
| – | -$1K | -5 | Closed |
|
|
S
786
Surevest
Los Angeles,
California
| – | -$1K | -4 | Closed |
|
|
WOSD
787
WFA of San Diego
San Diego,
California
| – | -$1K | -4 | Closed |
|
FRC Hedge Fund Activity: Q3 2022 in Review
727 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q3 2022, worth a combined $22.6B — down 8.3% from $24.6B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new FRC positions and 65 closed out — a net gain of 11 holders — while 296 added to existing stakes and 255 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $126M. The largest seller was Assenagon Asset Management, cutting an estimated $207M.
- 727 institutional investors held First Republic Bank (FRC) as of Q3 2022, up from 724 in Q2 2022.
- Funds reported $22.6B of First Republic Bank stock for Q3 2022, down 8.3% quarter-over-quarter.
- 76 funds opened new First Republic Bank positions in Q3 2022 and 65 closed out, a net change of +11 holders.
- The largest First Republic Bank buyer in Q3 2022 was T. Rowe Price Associates, an estimated $126M added.
- The largest First Republic Bank seller in Q3 2022 was Assenagon Asset Management, an estimated $207M sold.
Based on aggregated 13F filings for Q3 2022.