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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
NIP
201
Nicholas Investment Partners
California
$8.43M +$311K +1,922 +4%
ASRS
202
Arizona State Retirement System
Arizona
$8.36M +$168K +1,035 +2%
Neuberger Berman Group
203
Neuberger Berman Group
New York
$8.36M +$78.9K +487 +1%
HPIA
204
Hamilton Point Investment Advisors
North Carolina
$8.27M +$140K +867 +2%
LPL Financial
205
LPL Financial
California
$8.27M +$3.4M +20,963 +73%
MSL
206
Mackay Shields LLC
New York
$8.2M -$6.02M -37,168 -43%
Susquehanna International Group
207
Susquehanna International Group
Pennsylvania
$7.89M +$1.19M +7,355 +18%
SOADOR
208
State of Alaska Department of Revenue
Alaska
$7.87M -$333K -2,053 -4%
FAF
209
Fjarde Ap-fonden
Sweden
$7.49M +$891K +5,500 +14%
RS
210
Robeco Schweiz
Switzerland
$7.39M -$3.03M -18,738 -30%
Cerity Partners
211
Cerity Partners
New York
$7.29M +$7.08M +43,735 New
SOMRS
212
State of Michigan Retirement System
Michigan
$7.29M
TAM
213
Tocqueville Asset Management
New York
$7.24M -$2.17M -13,399 -24%
Osaic Holdings
214
Osaic Holdings
Arizona
$7.2M +$794K +4,900 +13%
CCM
215
Covington Capital Management
California
$7.15M +$81K +500 +1%
PCM
216
Pinz Capital Management
New York
$7.04M +$6.84M +42,200 New
MIM
217
MetLife Investment Management
New Jersey
$6.99M -$49.7K -307 -0.7%
JAM
218
Jupiter Asset Management
United Kingdom
$6.91M +$6.25M +38,581 +1,349%
MIP
219
Marietta Investment Partners
Wisconsin
$6.89M +$5.83K +36 +0.1%
TAF
220
Tredje AP-fonden
Sweden
$6.84M -$1.62M -10,000 -20%
Comerica Bank
221
Comerica Bank
Texas
$6.77M -$3.64M -22,499 -37%
ACM
222
Azimuth Capital Management
Michigan
$6.74M +$6.54M +40,400 New
DIM
223
Delta Investment Management
California
$6.72M -$918K -5,665 -12%
SIA
224
Sit Investment Associates
Minnesota
$6.71M -$4.05K -25 -0.1%
CS
225
Candriam SCA
Luxembourg
$6.69M

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.