First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
334 hedge funds and large institutions have $7.23B invested in First Republic Bank in 2014 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 121 increasing their positions, 124 reducing their positions, and 21 closing their positions.
71% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 21
11% more call options, than puts
Call options by funds: $1.38M | Put options by funds: $1.25M
5% more capital invested
Capital invested by funds: $6.87B → $7.23B (+$360M)
4% more funds holding
Funds holding: 322 → 334 (+12)
2% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 124
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$61.4M |
| 2 |
CGI
CI Global Investments
Oakland,
California
|
+$59.9M |
| 3 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$31.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$30M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$29.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$211M |
| 2 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$28.7M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$26.5M |
| 4 |
GA
Geneva Advisors
Chicago,
Illinois
|
-$16.9M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
-$15.7M |
FRC Hedge Fund Activity: Q4 2014 in Review
334 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q4 2014, worth a combined $7.23B — up 5.2% from $6.87B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new FRC positions and 21 closed out — a net gain of 15 holders — while 121 added to existing stakes and 124 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $61.4M. The largest seller was Wells Fargo, cutting an estimated $211M.
- 334 institutional investors held First Republic Bank (FRC) as of Q4 2014, up from 322 in Q3 2014.
- Funds reported $7.23B of First Republic Bank stock for Q4 2014, up 5.2% quarter-over-quarter.
- 36 funds opened new First Republic Bank positions in Q4 2014 and 21 closed out, a net change of +15 holders.
- The largest First Republic Bank buyer in Q4 2014 was Fidelity Investments, an estimated $61.4M added.
- The largest First Republic Bank seller in Q4 2014 was Wells Fargo, an estimated $211M sold.
Based on aggregated 13F filings for Q4 2014.