First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
290 hedge funds and large institutions have $5.96B invested in First Republic Bank in 2013 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 128 increasing their positions, 90 reducing their positions, and 33 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 90
33% more capital invested
Capital invested by funds: $4.49B → $5.96B (+$1.47B)
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
3% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 33
0% less funds holding
Funds holding: 291 → 290 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$84.7M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$81.3M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$50.3M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$43.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
General Atlantic
New York
|
-$116M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$13.2M |
| 3 |
Two Sigma Investments
New York
|
-$13M |
| 4 |
AC
Ascend Capital
Orinda,
California
|
-$12.5M |
| 5 |
OCM
Osterweis Capital Management
San Francisco,
California
|
-$12.3M |
FRC Hedge Fund Activity: Q3 2013 in Review
290 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q3 2013, worth a combined $5.96B — up 33% from $4.49B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new FRC positions and 33 closed out — a net gain of 1 holder — while 128 added to existing stakes and 90 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $84.7M. The largest seller was General Atlantic, exiting entirely with an estimated $116M sold.
- 290 institutional investors held First Republic Bank (FRC) as of Q3 2013, down from 291 in Q2 2013.
- Funds reported $5.96B of First Republic Bank stock for Q3 2013, up 33% quarter-over-quarter.
- 34 funds opened new First Republic Bank positions in Q3 2013 and 33 closed out, a net change of +1 holder.
- The largest First Republic Bank buyer in Q3 2013 was Lord, Abbett & Co, an estimated $84.7M added.
- The largest First Republic Bank seller in Q3 2013 was General Atlantic, an estimated $116M sold.
Based on aggregated 13F filings for Q3 2013.