First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
434 hedge funds and large institutions have $10.1B invested in First Republic Bank in 2016 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 171 increasing their positions, 156 reducing their positions, and 29 closing their positions.
520% more call options, than puts
Call options by funds: $28.7M | Put options by funds: $4.63M
69% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 29
6% more capital invested
Capital invested by funds: $9.55B → $10.1B (+$563M)
4% more funds holding
Funds holding: 418 → 434 (+16)
10% more repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 156
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$67.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$64.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$48.4M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$36.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$151M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$93.1M |
| 3 |
ClearBridge Investments
New York
|
-$68.7M |
| 4 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$52.1M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$48.9M |
FRC Hedge Fund Activity: Q2 2016 in Review
434 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q2 2016, worth a combined $10.1B — up 5.9% from $9.55B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new FRC positions and 29 closed out — a net gain of 20 holders — while 171 added to existing stakes and 156 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $67.2M. The largest seller was Royal London Asset Management, cutting an estimated $151M.
- 434 institutional investors held First Republic Bank (FRC) as of Q2 2016, up from 418 in Q1 2016.
- Funds reported $10.1B of First Republic Bank stock for Q2 2016, up 5.9% quarter-over-quarter.
- 49 funds opened new First Republic Bank positions in Q2 2016 and 29 closed out, a net change of +20 holders.
- The largest First Republic Bank buyer in Q2 2016 was Fiera Capital (Canada), an estimated $67.2M added.
- The largest First Republic Bank seller in Q2 2016 was Royal London Asset Management, an estimated $151M sold.
Based on aggregated 13F filings for Q2 2016.