First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
474 hedge funds and large institutions have $15.6B invested in First Republic Bank in 2017 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 164 increasing their positions, 203 reducing their positions, and 46 closing their positions.
10% more capital invested
Capital invested by funds: $14.2B → $15.6B (+$1.4B)
5% more funds holding in top 10
Funds holding in top 10: 22 → 23 (+1)
10% more call options, than puts
Call options by funds: $12.5M | Put options by funds: $11.3M
4% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 46
1% less funds holding
Funds holding: 479 → 474 (-5)
19% less repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 203
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$343M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$199M |
| 3 |
State Street
Boston,
Massachusetts
|
+$95.5M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$91.8M |
| 5 |
BlackRock
New York
|
+$82.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$133M |
| 2 |
Select Equity Group
New York
|
-$78.3M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$63.4M |
| 4 |
Millennium Management
New York
|
-$59.9M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$48.3M |
FRC Hedge Fund Activity: Q2 2017 in Review
474 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q2 2017, worth a combined $15.6B — up 9.9% from $14.2B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of FRC and 44 opened new positions — a net loss of 2 holders — while 203 trimmed existing stakes and 164 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $343M. The largest seller was Baillie Gifford & Co, cutting an estimated $133M.
- 474 institutional investors held First Republic Bank (FRC) as of Q2 2017, down from 479 in Q1 2017.
- Funds reported $15.6B of First Republic Bank stock for Q2 2017, up 9.9% quarter-over-quarter.
- 44 funds opened new First Republic Bank positions in Q2 2017 and 46 closed out, a net change of -2 holders.
- The largest First Republic Bank buyer in Q2 2017 was T. Rowe Price Associates, an estimated $343M added.
- The largest First Republic Bank seller in Q2 2017 was Baillie Gifford & Co, an estimated $133M sold.
Based on aggregated 13F filings for Q2 2017.