First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
497 hedge funds and large institutions have $13.6B invested in First Republic Bank in 2017 Q4 according to their latest regulatory filings, with 83 funds opening new positions, 187 increasing their positions, 166 reducing their positions, and 64 closing their positions.
30% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 64
13% more repeat investments, than reductions
Existing positions increased: 187 | Existing positions reduced: 166
4% more funds holding
Funds holding: 480 → 497 (+17)
17% less capital invested
Capital invested by funds: $16.4B → $13.6B (-$2.81B)
22% less call options, than puts
Call options by funds: $26.4M | Put options by funds: $33.8M
50% less funds holding in top 10
Funds holding in top 10: 22 → 11 (-11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$247M |
| 2 |
BlackRock
New York
|
+$171M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$158M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$94.7M |
| 5 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$73.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$890M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$98.3M |
| 3 |
Aristotle Capital Management
Los Angeles,
California
|
-$64.4M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$61.2M |
| 5 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
-$57.5M |
FRC Hedge Fund Activity: Q4 2017 in Review
497 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q4 2017, worth a combined $13.6B — down 17% from $16.4B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new FRC positions and 64 closed out — a net gain of 19 holders — while 187 added to existing stakes and 166 trimmed.
The largest buyer was Ameriprise, adding an estimated $247M. The largest seller was T. Rowe Price Associates, cutting an estimated $890M.
- 497 institutional investors held First Republic Bank (FRC) as of Q4 2017, up from 480 in Q3 2017.
- Funds reported $13.6B of First Republic Bank stock for Q4 2017, down 17% quarter-over-quarter.
- 83 funds opened new First Republic Bank positions in Q4 2017 and 64 closed out, a net change of +19 holders.
- The largest First Republic Bank buyer in Q4 2017 was Ameriprise, an estimated $247M added.
- The largest First Republic Bank seller in Q4 2017 was T. Rowe Price Associates, an estimated $890M sold.
Based on aggregated 13F filings for Q4 2017.