First Republic Bank
FRC
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.
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: 494 → 92 (-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: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$7.71M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$3.28M |
| 3 |
CB
Commerce Bank
Kansas City,
Missouri
|
+$2.52M |
| 4 |
Rockefeller Capital Management
New York
|
+$339K |
| 5 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$297M |
| 2 |
BlackRock
New York
|
-$186M |
| 3 |
State Street
Boston,
Massachusetts
|
-$128M |
| 4 |
SP
Sarasin & Partners
London,
United Kingdom
|
-$124M |
| 5 |
Renaissance Technologies
New York
|
-$113M |
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.