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FRC

First Republic Bank

Delisted

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

735 hedge funds and large institutions have $27.1B invested in First Republic Bank in 2022 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 319 increasing their positions, 254 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more repeat investments, than reductions

Existing positions increased: 319 | Existing positions reduced: 254

11% more call options, than puts

Call options by funds: $32.4M | Put options by funds: $29.2M

3% less funds holding

Funds holding: 759735 (-24)

18% less first-time investments, than exits

New positions opened: 71 | Existing positions closed: 87

22% less capital invested

Capital invested by funds: $35B → $27.1B (-$7.82B)

47% less funds holding in top 10

Funds holding in top 10: 179 (-8)

Holders
735
Holders Change
-24
Holders Change %
-3.16%
% of All Funds
11.59%
Holding in Top 10
9
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-47.06%
% of All Funds
0.14%
New
71
Increased
319
Reduced
254
Closed
87
Calls
$32.4M
Puts
$29.2M
Net Calls
+$3.25M
Net Calls Change
+$25.8M
Name Holding Trade Value Shares
Change
Change in
Stake
QCMNJ
76
Quantum Capital Management (New Jersey)
New Jersey
$57.7M -$54.3K -311 -0.1%
Envestnet Asset Management
77
Envestnet Asset Management
Illinois
$55.3M -$17.6K -101 -0%
Westfield Capital Management
78
Westfield Capital Management
Massachusetts
$53.8M +$57.9M +331,842 New
GPGA
79
Grandeur Peak Global Advisors
Utah
$53.1M +$20.5M +117,245 +56%
BAM
80
Barrett Asset Management
New York
$51.7M +$10.1K +58 +0%
Allianz Asset Management
81
Allianz Asset Management
Germany
$51.1M -$15.9M -90,935 -22%
California State Teachers Retirement System (CalSTRS)
82
California State Teachers Retirement System (CalSTRS)
California
$47.8M -$3.13M -17,956 -6%
CS
83
Credit Suisse
Switzerland
$47M +$3.95M +22,662 +8%
Swedbank
84
Swedbank
Sweden
$45.7M -$97.9M -561,291 -67%
RhumbLine Advisers
85
RhumbLine Advisers
Massachusetts
$44.6M +$1.89M +10,815 +4%
HSBC Holdings
86
HSBC Holdings
United Kingdom
$44.3M +$14.9M +85,353 +46%
UBS Group
87
UBS Group
Switzerland
$43.5M -$5.34M -30,613 -10%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
88
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$42.7M +$14M +80,449 +44%
CRC
89
Curi RMB Capital
Illinois
$40.6M +$12.3M +70,220 +39%
OWP
90
Obermeyer Wealth Partners
Colorado
$40.5M +$43.6M +249,778 New
BAMCO Inc
91
BAMCO Inc
New York
$40.2M -$298K -1,709 -0.7%
Assenagon Asset Management
92
Assenagon Asset Management
Luxembourg
$39.7M +$24.4M +139,649 +133%
Neuberger Berman Group
93
Neuberger Berman Group
New York
$39.3M +$32.2M +184,290 +317%
National Pension Service
94
National Pension Service
South Korea
$38.1M -$4.43M -25,368 -10%
Axa
95
Axa
France
$37.9M +$15M +86,139 +58%
AllianceBernstein
96
AllianceBernstein
Tennessee
$37.3M +$207K +1,186 +0.5%
SBH
97
Segall Bryant & Hamill
Illinois
$36.8M +$1.12M +6,408 +3%
State Board of Administration of Florida Retirement System
98
State Board of Administration of Florida Retirement System
Florida
$36.7M -$399K -2,287 -1%
BFM
99
Boston Financial Management
Massachusetts
$36.5M +$1.63M +9,335 +4%
CTB
100
Country Trust Bank
Illinois
$34.7M +$37.4M +214,224 +232,852%

FRC Hedge Fund Activity: Q1 2022 in Review

735 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q1 2022, worth a combined $27.1B — down 22% from $35B a quarter earlier.

Sellers outnumbered buyers: 87 funds closed out of FRC and 71 opened new positions — a net loss of 16 holders — while 254 trimmed existing stakes and 319 added.

The largest buyer was Select Equity Group, adding an estimated $322M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $537M sold.

  • 735 institutional investors held First Republic Bank (FRC) as of Q1 2022, down from 759 in Q4 2021.
  • Funds reported $27.1B of First Republic Bank stock for Q1 2022, down 22% quarter-over-quarter.
  • 71 funds opened new First Republic Bank positions in Q1 2022 and 87 closed out, a net change of -16 holders.
  • The largest First Republic Bank buyer in Q1 2022 was Select Equity Group, an estimated $322M added.
  • The largest First Republic Bank seller in Q1 2022 was 1832 Asset Management, an estimated $537M sold.

Based on aggregated 13F filings for Q1 2022.