First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
561 hedge funds and large institutions have $20.4B invested in First Republic Bank in 2019 Q4 according to their latest regulatory filings, with 90 funds opening new positions, 186 increasing their positions, 210 reducing their positions, and 22 closing their positions.
309% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 22
266% more call options, than puts
Call options by funds: $16.1M | Put options by funds: $4.39M
33% more funds holding in top 10
Funds holding in top 10: 12 → 16 (+4)
21% more capital invested
Capital invested by funds: $16.9B → $20.4B (+$3.54B)
11% more funds holding
Funds holding: 507 → 561 (+54)
11% less repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 210
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$71.4M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$60.9M |
| 3 |
CAC
Cowen and Company
New York
|
+$38.9M |
| 4 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
+$34.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$113M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$110M |
| 3 |
Citigroup
New York
|
-$89.7M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$61.5M |
| 5 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$52M |
FRC Hedge Fund Activity: Q4 2019 in Review
561 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q4 2019, worth a combined $20.4B — up 21% from $16.9B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new FRC positions and 22 closed out — a net gain of 68 holders — while 186 added to existing stakes and 210 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $71.4M. The largest seller was Capital Research Global Investors, cutting an estimated $113M.
- 561 institutional investors held First Republic Bank (FRC) as of Q4 2019, up from 507 in Q3 2019.
- Funds reported $20.4B of First Republic Bank stock for Q4 2019, up 21% quarter-over-quarter.
- 90 funds opened new First Republic Bank positions in Q4 2019 and 22 closed out, a net change of +68 holders.
- The largest First Republic Bank buyer in Q4 2019 was 1832 Asset Management, an estimated $71.4M added.
- The largest First Republic Bank seller in Q4 2019 was Capital Research Global Investors, an estimated $113M sold.
Based on aggregated 13F filings for Q4 2019.