First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
506 hedge funds and large institutions have $15.8B invested in First Republic Bank in 2018 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 171 increasing their positions, 186 reducing their positions, and 64 closing their positions.
116% more call options, than puts
Call options by funds: $20.1M | Put options by funds: $9.28M
20% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 64
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
2% more funds holding
Funds holding: 495 → 506 (+11)
5% less capital invested
Capital invested by funds: $16.6B → $15.8B (-$793M)
8% less repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 186
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$331M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$258M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$119M |
| 4 |
BlackRock
New York
|
+$86.6M |
| 5 |
Parnassus Investments
San Francisco,
California
|
+$80.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$215M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$107M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$89.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$60.9M |
| 5 |
LP
LMR Partners
London,
United Kingdom
|
-$39.1M |
FRC Hedge Fund Activity: Q4 2018 in Review
506 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q4 2018, worth a combined $15.8B — down 4.8% from $16.6B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new FRC positions and 64 closed out — a net gain of 13 holders — while 171 added to existing stakes and 186 trimmed.
The largest buyer was State Street, adding an estimated $331M. The largest seller was Ameriprise, cutting an estimated $215M.
- 506 institutional investors held First Republic Bank (FRC) as of Q4 2018, up from 495 in Q3 2018.
- Funds reported $15.8B of First Republic Bank stock for Q4 2018, down 4.8% quarter-over-quarter.
- 77 funds opened new First Republic Bank positions in Q4 2018 and 64 closed out, a net change of +13 holders.
- The largest First Republic Bank buyer in Q4 2018 was State Street, an estimated $331M added.
- The largest First Republic Bank seller in Q4 2018 was Ameriprise, an estimated $215M sold.
Based on aggregated 13F filings for Q4 2018.