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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
CIBC World Market
126
CIBC World Market
Ontario, Canada
$748K +$2M +19,543 +58%
ASRS
127
Arizona State Retirement System
Arizona
$744K +$150K +1,462 +3%
IC
128
IEQ Capital
California
$730K +$3.42M +33,376 +177%
ICM
129
ISZO Capital Management
New York
$727K +$5.33M +52,000 New
SOMRS
130
State of Michigan Retirement System
Michigan
$714K +$133K +1,300 +3%
Ameriprise
131
Ameriprise
Minnesota
$702K -$66.9M -652,552 -93%
CAG
132
Crestwood Advisors Group
Massachusetts
$700K -$8.89M -86,782 -63%
GWI
133
Grace & White Inc
New York
$700K +$4.87M +47,500 +1,900%
Two Sigma Advisers
134
Two Sigma Advisers
New York
$690K +$5.06M +49,324 New
Nordea Investment Management
135
Nordea Investment Management
Sweden
$688K -$61.2M -597,340 -92%
CIP
136
Capital Insight Partners
Arizona
$679K +$2.62M +25,579 +111%
MIM
137
MetLife Investment Management
New Jersey
$671K +$18.9K +184 +0.4%
AB
138
Amalgamated Bank
New York
$663K -$4.41K -43 -0.1%
RJA
139
Raymond James & Associates
Florida
$651K -$14M -136,328 -75%
TAF
140
Tredje AP-fonden
Sweden
$646K -$4.18M -40,774 -47%
Swedbank
141
Swedbank
Sweden
$645K -$41.4M -404,320 -90%
Nomura Asset Management
142
Nomura Asset Management
Japan
$632K +$26.8K +261 +0.6%
Osaic Holdings
143
Osaic Holdings
Arizona
$631K +$373K +3,636 +9%
IP
144
Interval Partners
New York
$626K +$4.59M +44,780 New
AAM
145
AR Asset Management
California
$626K +$4.59M +44,760 New
Robeco Institutional Asset Management
146
Robeco Institutional Asset Management
Netherlands
$626K -$105K -1,020 -2%
Russell Investments Group
147
Russell Investments Group
United Kingdom
$608K -$22.6M -220,510 -83%
KAM
148
Karani Asset Management
New York
$607K +$1.67M +16,304 +60%
EI
149
Ethic Inc
New York
$606K +$2.89M +28,217 +187%
AM
150
Anqa Management
New York
$602K +$4.41M +43,000 New

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.