First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
479 hedge funds and large institutions have $14.2B invested in First Republic Bank in 2017 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 165 increasing their positions, 202 reducing their positions, and 29 closing their positions.
76% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 29
3% more funds holding
Funds holding: 466 → 479 (+13)
2% more capital invested
Capital invested by funds: $14B → $14.2B (+$230M)
2% more call options, than puts
Call options by funds: $3.43M | Put options by funds: $3.38M
12% less funds holding in top 10
Funds holding in top 10: 25 → 22 (-3)
18% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 202
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$904M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$712M |
| 3 |
JP Morgan Chase
New York
|
+$116M |
| 4 |
Millennium Management
New York
|
+$71.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$36.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$434M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$416M |
| 3 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$94M |
| 4 |
Goldman Sachs
New York
|
-$91.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$72.2M |
FRC Hedge Fund Activity: Q1 2017 in Review
479 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q1 2017, worth a combined $14.2B — up 1.6% from $14B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new FRC positions and 29 closed out — a net gain of 22 holders — while 165 added to existing stakes and 202 trimmed.
The largest buyer was BlackRock, adding an estimated $904M. The largest seller was 1832 Asset Management, cutting an estimated $434M.
- 479 institutional investors held First Republic Bank (FRC) as of Q1 2017, up from 466 in Q4 2016.
- Funds reported $14.2B of First Republic Bank stock for Q1 2017, up 1.6% quarter-over-quarter.
- 51 funds opened new First Republic Bank positions in Q1 2017 and 29 closed out, a net change of +22 holders.
- The largest First Republic Bank buyer in Q1 2017 was BlackRock, an estimated $904M added.
- The largest First Republic Bank seller in Q1 2017 was 1832 Asset Management, an estimated $434M sold.
Based on aggregated 13F filings for Q1 2017.