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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
GC
176
Guggenheim Capital
Illinois
$10.6M -$1.45M -8,956 -12%
US Bancorp
177
US Bancorp
Minnesota
$10.5M +$84.1K +519 +0.8%
Lord, Abbett & Co
178
Lord, Abbett & Co
New Jersey
$10.3M -$455K -2,807 -4%
TD Asset Management
179
TD Asset Management
Ontario, Canada
$10.2M +$172K +1,064 +2%
BCM
180
Barometer Capital Management
Ontario, Canada
$10.1M +$4M +24,700 +69%
PPCM
181
Pillar Pacific Capital Management
California
$10M +$161K +991 +2%
AQR Capital Management
182
AQR Capital Management
Connecticut
$9.99M -$253K -1,565 -3%
PMAM
183
Picton Mahoney Asset Management
Ontario, Canada
$9.68M +$3.8M +23,465 +68%
HFS
184
Hantz Financial Services
Michigan
$9.45M +$309K +1,910 +3%
Millennium Management
185
Millennium Management
New York
$9.36M +$5.84M +36,068 +180%
Credit Agricole
186
Credit Agricole
France
$9.33M -$159K -980 -2%
CWM
187
CIBC World Markets
New York
$9.26M -$2.32M -14,353 -21%
AAF
188
Andra AP-fonden
Sweden
$9.26M -$988K -6,100 -10%
FFBTD
189
First Financial Bank - Trust Division
Ohio
$9.25M -$3.37M -20,820 -27%
BFIM
190
Beese Fulmer Investment Management
Ohio
$9.24M -$202K -1,246 -2%
BA
191
Bridgewater Associates
Connecticut
$9.18M +$4.81M +29,714 +117%
GL
192
Graypoint LLC
New York
$9.15M -$701K -4,326 -7%
Mitsubishi UFJ Asset Management
193
Mitsubishi UFJ Asset Management
Japan
$8.94M +$1.3M +8,030 +18%
NCM
194
Nelson Capital Management
California
$8.82M -$319K -1,972 -4%
H
195
Hexavest
Quebec, Canada
$8.72M -$12.6M -77,661 -60%
OAM
196
Oppenheimer Asset Management
New York
$8.62M -$187K -1,155 -2%
MCM
197
Marsico Capital Management
Colorado
$8.51M
D.E. Shaw & Co
198
D.E. Shaw & Co
New York
$8.48M -$16.2M -100,154 -66%
Qube Research & Technologies (QRT)
199
Qube Research & Technologies (QRT)
United Kingdom
$8.48M +$8.23M +50,841 New
VIM
200
Vancity Investment Management
British Columbia, Canada
$8.46M +$8.21M +50,709 New

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.