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FRC

First Republic Bank

Delisted

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

494 hedge funds and large institutions have $1.63B invested in First Republic Bank in 2023 Q1 according to their latest regulatory filings, with 126 funds opening new positions, 172 increasing their positions, 167 reducing their positions, and 342 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more repeat investments, than reductions

Existing positions increased: 172 | Existing positions reduced: 167

32% less funds holding

Funds holding: 725494 (-231)

53% less call options, than puts

Call options by funds: $263M | Put options by funds: $565M

63% less first-time investments, than exits

New positions opened: 126 | Existing positions closed: 342

67% less funds holding in top 10

Funds holding in top 10: 93 (-6)

93% less capital invested

Capital invested by funds: $22.3B → $1.63B (-$20.7B)

Holders
494
Holders Change
-231
Holders Change %
-31.86%
% of All Funds
7.87%
Holding in Top 10
3
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-66.67%
% of All Funds
0.05%
New
126
Increased
172
Reduced
167
Closed
342
Calls
$263M
Puts
$565M
Net Calls
-$302M
Net Calls Change
-$280M
Name Holding Trade Value Shares
Change
Change in
Stake
Treasurer of the State of North Carolina
101
Treasurer of the State of North Carolina
North Carolina
$1.13M +$212K +2,070 +3%
Tudor Investment Corp
102
Tudor Investment Corp
Connecticut
$1.13M +$8.26M +80,584 New
BFG
103
Barber Financial Group
Kansas
$1.12M +$8.2M +80,000 New
PCM
104
Pentwater Capital Management
Florida
$1.12M +$8.2M +80,000 New
Victory Capital Management
105
Victory Capital Management
Texas
$1.1M -$3.12M -30,403 -28%
Parallax Volatility Advisers
106
Parallax Volatility Advisers
California
$1.07M +$7.82M +76,314 New
KBC Group
107
KBC Group
Belgium
$1.05M -$4.03M -39,351 -34%
Stifel Financial
108
Stifel Financial
Missouri
$1.03M -$1.83M -17,841 -20%
Pacer Advisors
109
Pacer Advisors
Pennsylvania
$979K +$7.13M +69,550 +16,481%
NAM
110
NorthCrest Asset Manangement
Minnesota
$966K -$25.2K -246 -0.4%
Fuller & Thaler Asset Management
111
Fuller & Thaler Asset Management
California
$952K +$3.54M +34,544 +103%
VOYA Investment Management
112
VOYA Investment Management
Georgia
$918K +$120K +1,173 +2%
VF
113
Virtu Financial
New York
$906K +$6.64M +64,783 New
PWP
114
Private Wealth Partners
California
$887K +$150K +1,460 +2%
Aberdeen Group
115
Aberdeen Group
United Kingdom
$871K -$17.2M -167,618 -73%
AIG
116
American International Group
New York
$862K +$94.4K +921 +2%
Royal London Asset Management
117
Royal London Asset Management
United Kingdom
$855K +$4.2K +41 +0.1%
Wolverine Trading
118
Wolverine Trading
Illinois
$847K +$6.34M +61,888 New
Mariner
119
Mariner
Kansas
$837K +$4.16M +40,628 +211%
Canada Pension Plan Investment Board
120
Canada Pension Plan Investment Board
Ontario, Canada
$832K -$7.38M -72,048 -55%
BFIM
121
Beese Fulmer Investment Management
Ohio
$824K +$434K +4,234 +8%
FA
122
FDx Advisors
Illinois
$816K
Asset Management One
123
Asset Management One
Japan
$783K -$1.84M -17,928 -24%
Retirement Systems of Alabama
124
Retirement Systems of Alabama
Alabama
$768K -$378K -3,688 -6%
KAS
125
Kestra Advisory Services
Texas
$750K +$3.81M +37,172 +226%

FRC Hedge Fund Activity: Q1 2023 in Review

494 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q1 2023, worth a combined $1.63B — down 93% from $22.3B a quarter earlier.

Sellers outnumbered buyers: 342 funds closed out of FRC and 126 opened new positions — a net loss of 216 holders — while 167 trimmed existing stakes and 172 added.

The largest buyer was Renaissance Technologies, adding an estimated $734M. The largest seller was Capital International Investors, cutting an estimated $1.02B.

  • 494 institutional investors held First Republic Bank (FRC) as of Q1 2023, down from 725 in Q4 2022.
  • Funds reported $1.63B of First Republic Bank stock for Q1 2023, down 93% quarter-over-quarter.
  • 126 funds opened new First Republic Bank positions in Q1 2023 and 342 closed out, a net change of -216 holders.
  • The largest First Republic Bank buyer in Q1 2023 was Renaissance Technologies, an estimated $734M added.
  • The largest First Republic Bank seller in Q1 2023 was Capital International Investors, an estimated $1.02B sold.

Based on aggregated 13F filings for Q1 2023.