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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
Prudential Financial
101
Prudential Financial
New Jersey
$30.9M +$5.38M +33,198 +22%
CRC
102
Curi RMB Capital
Illinois
$30.1M -$7.16M -44,220 -20%
HCM
103
Howland Capital Management
Massachusetts
$29M +$1.1M +6,816 +4%
HSBC Holdings
104
HSBC Holdings
United Kingdom
$28.3M +$1.76M +10,866 +7%
Russell Investments Group
105
Russell Investments Group
United Kingdom
$28M +$665K +4,105 +3%
TAM
106
Trillium Asset Management
Massachusetts
$27.5M +$2.01M +12,394 +8%
CBT
107
Capital Bank & Trust
California
$27M +$1.5M +9,245 +6%
Axa
108
Axa
France
$26.9M +$2.89M +17,855 +12%
BFO
109
Boston Family Office
Massachusetts
$25.2M -$66.9K -413 -0.3%
DekaBank Deutsche Girozentrale
110
DekaBank Deutsche Girozentrale
Germany
$23.9M -$8.07M -49,853 -26%
NIM
111
Northeast Investment Management
Massachusetts
$23.8M +$478K +2,954 +2%
CI Investments Inc
112
CI Investments Inc
Ontario, Canada
$23.3M -$426K -2,629 -2%
GIP
113
Granite Investment Partners
California
$22.8M +$3.27M +20,159 +17%
VCM
114
Vigilant Capital Management
Maine
$22.7M -$2.68M -16,518 -11%
First Trust Advisors
115
First Trust Advisors
Illinois
$22.5M +$4.28M +26,445 +24%
AT
116
AMF Tjänstepension
Sweden
$22.3M -$2.38M -14,702 -10%
Mackenzie Financial
117
Mackenzie Financial
Ontario, Canada
$22.2M +$4.73M +29,174 +28%
Rafferty Asset Management
118
Rafferty Asset Management
New York
$22.1M +$5.31M +32,813 +33%
Canada Life
119
Canada Life
Manitoba, Canada
$21.7M +$984K +6,077 +5%
NIG
120
NFJ Investment Group
Texas
$21.3M +$20.7M +127,714 New
RJA
121
Raymond James & Associates
Florida
$21M +$1.74M +10,744 +9%
CC
122
Carlson Capital
Texas
$21M +$20.4M +125,670 New
RIG
123
Roosevelt Investment Group
New York
$20.7M +$1.17M +7,249 +6%
WP
124
Wedgewood Partners
Missouri
$20.4M -$1.38M -8,536 -7%
BAAM
125
Baker Avenue Asset Management
California
$20.3M -$337K -2,080 -2%

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.