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FRC

First Republic Bank

Delisted

FRC was delisted on the 28th of April, 2023.

543 hedge funds and large institutions have $13.9B invested in First Republic Bank in 2020 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 216 increasing their positions, 214 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more call options, than puts

Call options by funds: $26.4M | Put options by funds: $12.4M

1% more repeat investments, than reductions

Existing positions increased: 216 | Existing positions reduced: 214

3% less funds holding

Funds holding: 561543 (-18)

16% less first-time investments, than exits

New positions opened: 56 | Existing positions closed: 67

32% less capital invested

Capital invested by funds: $20.4B → $13.9B (-$6.48B)

50% less funds holding in top 10

Funds holding in top 10: 168 (-8)

Holders
543
Holders Change
-18
Holders Change %
-3.21%
% of All Funds
11.97%
Holding in Top 10
8
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-50%
% of All Funds
0.18%
New
56
Increased
216
Reduced
214
Closed
67
Calls
$26.4M
Puts
$12.4M
Net Calls
+$14M
Net Calls Change
+$2.33M
Name Holding Trade Value Shares
Change
Change in
Stake
CCM
201
Covington Capital Management
California
$3.75M -$151K -1,425 -3%
MGWM
202
Marks Group Wealth Management
Minnesota
$3.74M -$75.4K -712 -2%
OPERF
203
Oregon Public Employees Retirement Fund
Oregon
$3.73M +$3.14M +29,670 +189%
GC
204
Guggenheim Capital
Illinois
$3.69M -$3.59M -33,914 -43%
Millennium Management
205
Millennium Management
New York
$3.64M -$5.26M -49,667 -53%
MC
206
Middleton & Co
Massachusetts
$3.6M +$150K +1,415 +3%
MIM
207
MetLife Investment Management
New Jersey
$3.57M -$141K -1,330 -3%
PGFC
208
Peapack-Gladstone Financial Corp
New Jersey
$3.57M -$274K -2,585 -6%
MSL
209
Mackay Shields LLC
New York
$3.51M +$1.77M +16,690 +64%
WJWM
210
Williams Jones Wealth Management
New York
$3.45M -$448K -4,237 -9%
TD Asset Management
211
TD Asset Management
Ontario, Canada
$3.4M +$74.1K +700 +2%
SAM
212
Security Asset Management
New York
$3.39M -$207K -1,953 -5%
SIA
213
Sit Investment Associates
Minnesota
$3.38M -$3.18K -30 -0.1%
QIM
214
Quantitative Investment Management
Virginia
$3.38M +$4.34M +41,034 New
PNC Financial Services Group
215
PNC Financial Services Group
Pennsylvania
$3.34M +$1.19M +11,236 +38%
State of Tennessee, Department of Treasury
216
State of Tennessee, Department of Treasury
Tennessee
$3.26M -$55.7K -526 -1%
WG
217
Winton Group
United Kingdom
$3.24M -$676K -6,389 -14%
ASRS
218
Arizona State Retirement System
Arizona
$3.19M +$748K +7,068 +22%
SOMRS
219
State of Michigan Retirement System
Michigan
$3.18M -$222K -2,100 -5%
M&T Bank
220
M&T Bank
New York
$3.15M +$841K +7,942 +26%
CIBC World Market
221
CIBC World Market
Ontario, Canada
$3.13M -$232K -2,195 -5%
WT
222
Whittier Trust
California
$3.09M +$306K +2,888 +8%
ERSOT
223
Employees Retirement System of Texas
Texas
$3.08M +$1.59M +15,000 +67%
GIBU
224
Gulf International Bank (UK)
United Kingdom
$3.06M
XK
225
Xact Kapitalforvaltning
Sweden
$3M +$178K +1,679 +5%

FRC Hedge Fund Activity: Q1 2020 in Review

543 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q1 2020, worth a combined $13.9B — down 32% from $20.4B a quarter earlier.

Sellers outnumbered buyers: 67 funds closed out of FRC and 56 opened new positions — a net loss of 11 holders — while 214 trimmed existing stakes and 216 added.

The largest buyer was Vanguard Group, adding an estimated $442M. The largest seller was Goldman Sachs, cutting an estimated $537M.

  • 543 institutional investors held First Republic Bank (FRC) as of Q1 2020, down from 561 in Q4 2019.
  • Funds reported $13.9B of First Republic Bank stock for Q1 2020, down 32% quarter-over-quarter.
  • 56 funds opened new First Republic Bank positions in Q1 2020 and 67 closed out, a net change of -11 holders.
  • The largest First Republic Bank buyer in Q1 2020 was Vanguard Group, an estimated $442M added.
  • The largest First Republic Bank seller in Q1 2020 was Goldman Sachs, an estimated $537M sold.

Based on aggregated 13F filings for Q1 2020.