First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
306 hedge funds and large institutions have $6.81B invested in First Republic Bank in 2013 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 90 increasing their positions, 130 reducing their positions, and 19 closing their positions.
95% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 19
15% more capital invested
Capital invested by funds: $5.92B → $6.81B (+$884M)
6% more funds holding
Funds holding: 290 → 306 (+16)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
31% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 130
74% less call options, than puts
Call options by funds: $461K | Put options by funds: $1.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$128M |
| 2 |
ICM
IronBridge Capital Management
Oakbrook Terrace,
Illinois
|
+$79.6M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
+$59.9M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$34M |
| 5 |
ZCI
Zevenbergen Capital Investments
Edmonds,
Washington
|
+$23.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$83.1M |
| 2 |
Goldman Sachs
New York
|
-$53M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$48.6M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$34.5M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$32.5M |
FRC Hedge Fund Activity: Q4 2013 in Review
306 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q4 2013, worth a combined $6.81B — up 15% from $5.92B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new FRC positions and 19 closed out — a net gain of 18 holders — while 90 added to existing stakes and 130 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $128M. The largest seller was Egerton Capital (UK), exiting entirely with an estimated $83.1M sold.
- 306 institutional investors held First Republic Bank (FRC) as of Q4 2013, up from 290 in Q3 2013.
- Funds reported $6.81B of First Republic Bank stock for Q4 2013, up 15% quarter-over-quarter.
- 37 funds opened new First Republic Bank positions in Q4 2013 and 19 closed out, a net change of +18 holders.
- The largest First Republic Bank buyer in Q4 2013 was Baillie Gifford & Co, an estimated $128M added.
- The largest First Republic Bank seller in Q4 2013 was Egerton Capital (UK), an estimated $83.1M sold.
Based on aggregated 13F filings for Q4 2013.