First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
507 hedge funds and large institutions have $16.9B invested in First Republic Bank in 2019 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 213 increasing their positions, 187 reducing their positions, and 61 closing their positions.
90% more call options, than puts
Call options by funds: $8.48M | Put options by funds: $4.46M
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
14% more repeat investments, than reductions
Existing positions increased: 213 | Existing positions reduced: 187
1% less capital invested
Capital invested by funds: $17B → $16.9B (-$154M)
7% less funds holding
Funds holding: 544 → 507 (-37)
49% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$571M |
| 2 |
Select Equity Group
New York
|
+$99.2M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$92.7M |
| 4 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
+$77.7M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$68.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$254M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$179M |
| 3 |
OCBV
Ownership Capital B.V.
Amsterdam,
Netherlands
|
-$118M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$111M |
| 5 |
BlackRock
New York
|
-$56.1M |
FRC Hedge Fund Activity: Q3 2019 in Review
507 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q3 2019, worth a combined $16.9B — down 0.91% from $17B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of FRC and 31 opened new positions — a net loss of 30 holders — while 187 trimmed existing stakes and 213 added.
The largest buyer was Capital International Investors, adding an estimated $571M. The largest seller was Parnassus Investments, cutting an estimated $254M.
- 507 institutional investors held First Republic Bank (FRC) as of Q3 2019, down from 544 in Q2 2019.
- Funds reported $16.9B of First Republic Bank stock for Q3 2019, down 0.91% quarter-over-quarter.
- 31 funds opened new First Republic Bank positions in Q3 2019 and 61 closed out, a net change of -30 holders.
- The largest First Republic Bank buyer in Q3 2019 was Capital International Investors, an estimated $571M added.
- The largest First Republic Bank seller in Q3 2019 was Parnassus Investments, an estimated $254M sold.
Based on aggregated 13F filings for Q3 2019.