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FRC

First Republic Bank

Delisted

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

92 hedge funds and large institutions have $10.7M invested in First Republic Bank in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 12 increasing their positions, 38 reducing their positions, and 410 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 38

73% less call options, than puts

Call options by funds: $471K | Put options by funds: $1.74M

81% less funds holding

Funds holding: 49492 (-402)

97% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 410

99% less capital invested

Capital invested by funds: $1.63B → $10.7M (-$1.62B)

100% less funds holding in top 10

Funds holding in top 10: 30 (-3)

Holders
92
Holders Change
-402
Holders Change %
-81.38%
% of All Funds
1.44%
Holding in Top 10
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-100%
% of All Funds
New
12
Increased
12
Reduced
38
Closed
410
Calls
$471K
Puts
$1.74M
Net Calls
-$1.27M
Net Calls Change
+$301M
Name Holding Trade Value Shares
Change
Change in
Stake
MWM
76
Mascoma Wealth Management
New Hampshire
$10
EWA
77
EverSource Wealth Advisors
Alabama
$8 -$965 -79 -84%
CPG
78
Cornerstone Planning Group
New Jersey
$8 +$183 +15 New
California Public Employees Retirement System
79
California Public Employees Retirement System
California
$7 -$2.22M -181,879 -74%
FGAM
80
Financial Gravity Asset Management
Texas
$7 -$159 -13 -93%
HS
81
Horan Securities
United States
$6 -$134 -11 -48%
California State Teachers Retirement System (CalSTRS)
82
California State Teachers Retirement System (CalSTRS)
California
$3 -$3.73M -305,237 -100%
SWA
83
SOA Wealth Advisors
New York
$1 -$3.36K -275 -100%
Vanguard Group
84
Vanguard Group
Pennsylvania
-$297M -21,257,887 Closed
BlackRock
85
BlackRock
New York
-$186M -13,317,900 Closed
State Street
86
State Street
Massachusetts
-$128M -9,130,495 Closed
Renaissance Technologies
87
Renaissance Technologies
New York
-$113M -8,056,900 Closed
Geode Capital Management
88
Geode Capital Management
Massachusetts
-$53.5M -3,832,677 Closed
D.E. Shaw & Co
89
D.E. Shaw & Co
New York
-$44.3M -3,168,899 Closed
Qube Research & Technologies (QRT)
90
Qube Research & Technologies (QRT)
United Kingdom
-$39M -2,786,874 Closed
Invesco
91
Invesco
Georgia
-$32.5M -2,322,469 Closed
Goldman Sachs
92
Goldman Sachs
New York
-$27M -1,932,363 Closed
Morgan Stanley
93
Morgan Stanley
New York
-$25.7M -1,833,789 Closed
Northern Trust
94
Northern Trust
Illinois
-$24.1M -1,722,542 Closed
AGM
95
Alpine Global Management
New York
-$23.7M -1,692,491 Closed
Jane Street
96
Jane Street
New York
-$21.8M -1,561,382 Closed
PCM
97
PAR Capital Management
Massachusetts
-$21.7M -1,550,000 Closed
ACL
98
Azora Capital LP
Florida
-$18.9M -1,347,652 Closed
Susquehanna International Group
99
Susquehanna International Group
Pennsylvania
-$18.4M -1,315,003 Closed
Bank of New York Mellon
100
Bank of New York Mellon
New York
-$17.1M -1,224,937 Closed

FRC Hedge Fund Activity: Q2 2023 in Review

92 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q2 2023, worth a combined $10.7M — down 99% from $1.63B a quarter earlier.

Sellers outnumbered buyers: 410 funds closed out of FRC and 12 opened new positions — a net loss of 398 holders — while 38 trimmed existing stakes and 12 added.

The largest buyer was Basswood Capital Management, adding an estimated $7.71M. The largest seller was Vanguard Group, exiting entirely with an estimated $297M sold.

  • 92 institutional investors held First Republic Bank (FRC) as of Q2 2023, down from 494 in Q1 2023.
  • Funds reported $10.7M of First Republic Bank stock for Q2 2023, down 99% quarter-over-quarter.
  • 12 funds opened new First Republic Bank positions in Q2 2023 and 410 closed out, a net change of -398 holders.
  • The largest First Republic Bank buyer in Q2 2023 was Basswood Capital Management, an estimated $7.71M added.
  • The largest First Republic Bank seller in Q2 2023 was Vanguard Group, an estimated $297M sold.

Based on aggregated 13F filings for Q2 2023.