First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
466 hedge funds and large institutions have $13.9B invested in First Republic Bank in 2016 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 165 increasing their positions, 182 reducing their positions, and 44 closing their positions.
106% more call options, than puts
Call options by funds: $26.6M | Put options by funds: $12.9M
45% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 44
25% more funds holding in top 10
Funds holding in top 10: 20 → 25 (+5)
22% more capital invested
Capital invested by funds: $11.3B → $13.9B (+$2.53B)
3% more funds holding
Funds holding: 454 → 466 (+12)
9% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 182
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$296M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$233M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$75.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$55.5M |
| 5 |
State Street
Boston,
Massachusetts
|
+$53.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aristotle Capital Management
Los Angeles,
California
|
-$73.2M |
| 2 |
AT
Alliance Trust
Dundee, Scotland,
United Kingdom
|
-$69.1M |
| 3 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$44.4M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$43.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$43.1M |
FRC Hedge Fund Activity: Q4 2016 in Review
466 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q4 2016, worth a combined $13.9B — up 22% from $11.3B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new FRC positions and 44 closed out — a net gain of 20 holders — while 165 added to existing stakes and 182 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $296M. The largest seller was Aristotle Capital Management, cutting an estimated $73.2M.
- 466 institutional investors held First Republic Bank (FRC) as of Q4 2016, up from 454 in Q3 2016.
- Funds reported $13.9B of First Republic Bank stock for Q4 2016, up 22% quarter-over-quarter.
- 64 funds opened new First Republic Bank positions in Q4 2016 and 44 closed out, a net change of +20 holders.
- The largest First Republic Bank buyer in Q4 2016 was T. Rowe Price Associates, an estimated $296M added.
- The largest First Republic Bank seller in Q4 2016 was Aristotle Capital Management, an estimated $73.2M sold.
Based on aggregated 13F filings for Q4 2016.