First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
454 hedge funds and large institutions have $11.3B invested in First Republic Bank in 2016 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 173 increasing their positions, 166 reducing their positions, and 28 closing their positions.
273% more call options, than puts
Call options by funds: $16.8M | Put options by funds: $4.49M
86% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 28
54% more funds holding in top 10
Funds holding in top 10: 13 → 20 (+7)
12% more capital invested
Capital invested by funds: $10.1B → $11.3B (+$1.19B)
5% more funds holding
Funds holding: 434 → 454 (+20)
4% more repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 166
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$96M |
| 2 |
State Street
Boston,
Massachusetts
|
+$40.5M |
| 3 |
SP
Sarasin & Partners
London,
United Kingdom
|
+$40.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$34M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$66M |
| 2 |
Bank of New York Mellon
New York
|
-$64.9M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$54.4M |
| 4 |
CCM
Cornerstone Capital Management
Edina,
Minnesota
|
-$40.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$33.7M |
FRC Hedge Fund Activity: Q3 2016 in Review
454 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q3 2016, worth a combined $11.3B — up 12% from $10.1B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new FRC positions and 28 closed out — a net gain of 24 holders — while 173 added to existing stakes and 166 trimmed.
The largest buyer was Capital World Investors, adding an estimated $96M. The largest seller was abrdn Investment Management, cutting an estimated $66M.
- 454 institutional investors held First Republic Bank (FRC) as of Q3 2016, up from 434 in Q2 2016.
- Funds reported $11.3B of First Republic Bank stock for Q3 2016, up 12% quarter-over-quarter.
- 52 funds opened new First Republic Bank positions in Q3 2016 and 28 closed out, a net change of +24 holders.
- The largest First Republic Bank buyer in Q3 2016 was Capital World Investors, an estimated $96M added.
- The largest First Republic Bank seller in Q3 2016 was abrdn Investment Management, an estimated $66M sold.
Based on aggregated 13F filings for Q3 2016.