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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
KIA
126
KCM Investment Advisors
California
$20.1M -$43.2K -267 -0.2%
Stifel Financial
127
Stifel Financial
Missouri
$20M +$3.11M +19,180 +19%
TMAM
128
Tokio Marine Asset Management
Japan
$19.8M +$16.8K +104 +0.1%
Chevy Chase Trust
129
Chevy Chase Trust
Maryland
$19.8M -$1.27M -7,855 -6%
SEI Investments
130
SEI Investments
Pennsylvania
$19.7M +$5.08M +31,364 +34%
CWM
131
Cabot Wealth Management
Massachusetts
$19.2M -$99K -611 -0.5%
BPB
132
Badgley, Phelps & Bell
Washington
$19.1M -$243K -1,499 -1%
RCW
133
Rheos Capital Works
Japan
$18.9M
Fisher Asset Management
134
Fisher Asset Management
Washington
$18.6M -$1.4M -8,649 -7%
BWP
135
Baldwin Wealth Partners
Massachusetts
$18.1M +$743K +4,588 +4%
Toronto Dominion Bank
136
Toronto Dominion Bank
Ontario, Canada
$17.9M +$1.18M +7,313 +7%
State of New Jersey Common Pension Fund D
137
State of New Jersey Common Pension Fund D
New Jersey
$16.7M -$621K -3,833 -4%
EAM
138
Eventide Asset Management
Massachusetts
$16.5M +$5.65M +34,900 +54%
WIM
139
Weitz Investment Management
Nebraska
$16.5M
CP
140
Cumberland Partners
Ontario, Canada
$16.1M +$645K +3,980 +4%
GIM
141
Grassi Investment Management
California
$15.7M
FAB
142
First American Bank
Illinois
$15.6M +$517K +3,190 +4%
Ohio Public Employees Retirement System (OPERS)
143
Ohio Public Employees Retirement System (OPERS)
Ohio
$15.6M +$1.26M +7,766 +9%
KWILP
144
Kiwi Wealth Investments Limited Partnership
New Zealand
$15.5M +$5.66M +34,943 +60%
Asset Management One
145
Asset Management One
Japan
$15.1M +$1.06M +6,535 +8%
PAMU
146
Pictet Asset Management (UK)
United Kingdom
$15M +$947K +5,846 +7%
Robeco Institutional Asset Management
147
Robeco Institutional Asset Management
Netherlands
$14.9M -$3.09M -19,052 -18%
WT
148
Whittier Trust
California
$14.8M +$14.4M +88,945 New
RFA
149
Reilly Financial Advisors
California
$14.6M -$105K -651 -0.7%
HCM
150
Hahn Capital Management
California
$14.6M -$6.09M -37,612 -30%

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.