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FRC

First Republic Bank

Delisted

FRC was delisted on the 28th of April, 2023.

678 hedge funds and large institutions have $28B invested in First Republic Bank in 2021 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 255 increasing their positions, 241 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

104% more first-time investments, than exits

New positions opened: 96 | Existing positions closed: 47

44% more funds holding in top 10

Funds holding in top 10: 913 (+4)

19% more call options, than puts

Call options by funds: $30.5M | Put options by funds: $25.6M

11% more capital invested

Capital invested by funds: $25.3B → $28B (+$2.66B)

7% more funds holding

Funds holding: 635678 (+43)

6% more repeat investments, than reductions

Existing positions increased: 255 | Existing positions reduced: 241

Holders
678
Holders Change
+43
Holders Change %
+6.77%
% of All Funds
11.91%
Holding in Top 10
13
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+44.44%
% of All Funds
0.23%
New
96
Increased
255
Reduced
241
Closed
47
Calls
$30.5M
Puts
$25.6M
Net Calls
+$4.92M
Net Calls Change
+$11.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity International
76
Fidelity International
Bermuda
$58.6M +$115K +710 +0.2%
PCA
77
Personal Capital Advisors
California
$57.9M +$2.26M +13,950 +4%
Natixis Advisors
78
Natixis Advisors
Massachusetts
$57.6M -$2.62M -16,167 -4%
ECM
79
Ensemble Capital Management
California
$55.5M -$34M -209,665 -39%
California State Teachers Retirement System (CalSTRS)
80
California State Teachers Retirement System (CalSTRS)
California
$51.6M +$439K +2,708 +0.9%
Envestnet Asset Management
81
Envestnet Asset Management
Illinois
$49.2M +$4.82M +29,777 +11%
Ameriprise
82
Ameriprise
Minnesota
$48.8M -$715K -4,412 -2%
Citigroup
83
Citigroup
New York
$48.6M +$14.3M +88,043 +43%
RhumbLine Advisers
84
RhumbLine Advisers
Massachusetts
$45.2M -$2.47M -15,269 -5%
National Pension Service
85
National Pension Service
South Korea
$45.1M +$2.51M +15,477 +6%
BAM
86
Barrett Asset Management
New York
$43.9M -$275K -1,697 -0.6%
CB
87
Commerce Bank
Missouri
$43.2M +$864K +5,332 +2%
State Board of Administration of Florida Retirement System
88
State Board of Administration of Florida Retirement System
Florida
$40.8M -$1.06M -6,555 -3%
Manulife (Manufacturers Life Insurance)
89
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$40.6M -$1.44M -8,870 -4%
AllianceBernstein
90
AllianceBernstein
Tennessee
$38.2M -$8.16M -50,379 -18%
TRSOTSOK
91
Teachers Retirement System of the State of Kentucky
Kentucky
$37.3M -$3.52M -21,704 -9%
GPGA
92
Grandeur Peak Global Advisors
Utah
$37.2M +$1.59M +9,847 +5%
BFM
93
Boston Financial Management
Massachusetts
$34.6M +$1.5M +9,243 +5%
SBH
94
Segall Bryant & Hamill
Illinois
$33.9M -$7.89M -48,696 -19%
OCM
95
Osterweis Capital Management
California
$33.9M +$234K +1,445 +0.7%
MWNA
96
Marshall Wace North America
New York
$32.3M -$4.41M -27,216 -12%
Janus Henderson Group
97
Janus Henderson Group
United Kingdom
$32M +$4.88M +30,108 +19%
New York State Common Retirement Fund
98
New York State Common Retirement Fund
New York
$31.7M -$5.09M -31,400 -14%
BCM
99
Becker Capital Management
Oregon
$31.7M -$161K -991 -0.5%
New York State Teachers Retirement System (NYSTRS)
100
New York State Teachers Retirement System (NYSTRS)
New York
$31.1M +$20.6K +127 +0.1%

FRC Hedge Fund Activity: Q1 2021 in Review

678 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q1 2021, worth a combined $28B — up 11% from $25.3B a quarter earlier.

Buyers outnumbered sellers: 96 funds opened new FRC positions and 47 closed out — a net gain of 49 holders — while 255 added to existing stakes and 241 trimmed.

The largest buyer was Alecta Tjanstepension Omsesidigt, adding an estimated $131M. The largest seller was JP Morgan Chase, cutting an estimated $328M.

  • 678 institutional investors held First Republic Bank (FRC) as of Q1 2021, up from 635 in Q4 2020.
  • Funds reported $28B of First Republic Bank stock for Q1 2021, up 11% quarter-over-quarter.
  • 96 funds opened new First Republic Bank positions in Q1 2021 and 47 closed out, a net change of +49 holders.
  • The largest First Republic Bank buyer in Q1 2021 was Alecta Tjanstepension Omsesidigt, an estimated $131M added.
  • The largest First Republic Bank seller in Q1 2021 was JP Morgan Chase, an estimated $328M sold.

Based on aggregated 13F filings for Q1 2021.