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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
ERSOT
151
Employees Retirement System of Texas
Texas
$14.4M +$14M +86,409 New
Connor, Clark & Lunn Investment Management (CC&L)
152
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$14.4M +$227K +1,400 +2%
BNP Paribas Financial Markets
153
BNP Paribas Financial Markets
France
$14.1M +$6.51M +40,166 +91%
BCIM
154
British Columbia Investment Management
British Columbia, Canada
$13.4M -$76.5K -472 -0.6%
State of Wisconsin Investment Board
155
State of Wisconsin Investment Board
Wisconsin
$13.4M -$284K -1,752 -2%
CT
156
Cambridge Trust
Massachusetts
$13.4M +$108K +667 +0.8%
DIA
157
Davidson Investment Advisors
Montana
$13.4M +$387K +2,390 +3%
MSE
158
MUFG Securities EMEA
United Kingdom
$13.3M +$11.7M +72,000 +900%
Korea Investment Corp
159
Korea Investment Corp
South Korea
$12.8M +$1.94M +12,000 +19%
MC
160
Middleton & Co
Massachusetts
$12.7M +$248K +1,530 +2%
BAPIM
161
British Airways Pensions Investment Management
United Kingdom
$12.7M -$4.7M -29,003 -28%
PWP
162
Private Wealth Partners
California
$12.3M -$47.8K -295 -0.4%
ACI
163
AMP Capital Investors
Australia
$12.2M -$900K -5,555 -7%
Victory Capital Management
164
Victory Capital Management
Texas
$12.1M -$17.4M -107,536 -60%
VOYA Investment Management
165
VOYA Investment Management
Georgia
$11.6M -$243K -1,500 -2%
SAM
166
Shell Asset Management
Netherlands
$11.5M +$2.11M +13,036 +23%
Teacher Retirement System of Texas
167
Teacher Retirement System of Texas
Texas
$11.2M -$8.26M -51,005 -43%
Calamos Advisors
168
Calamos Advisors
Illinois
$11.1M -$1.11M -6,870 -9%
DZ Bank
169
DZ Bank
Germany
$11M +$2.68M +16,561 +33%
Treasurer of the State of North Carolina
170
Treasurer of the State of North Carolina
North Carolina
$11M -$34K -210 -0.3%
PGFC
171
Peapack-Gladstone Financial Corp
New Jersey
$11M +$453K +2,796 +4%
Retirement Systems of Alabama
172
Retirement Systems of Alabama
Alabama
$10.9M -$7.99M -49,300 -43%
PHAM
173
Pacific Heights Asset Management
California
$10.8M -$162K -1,000 -2%
DBG
174
De Burlo Group
Massachusetts
$10.8M +$10.5M +64,900 New
Royal London Asset Management
175
Royal London Asset Management
United Kingdom
$10.8M +$449K +2,775 +5%

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.