First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
466 hedge funds and large institutions have $16.5B invested in First Republic Bank in 2018 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 177 increasing their positions, 163 reducing their positions, and 42 closing their positions.
105% more call options, than puts
Call options by funds: $19.8M | Put options by funds: $9.65M
7% more capital invested
Capital invested by funds: $15.5B → $16.5B (+$1.01B)
9% more repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 163
0% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 42
1% less funds holding
Funds holding: 470 → 466 (-4)
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$239M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$149M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$139M |
| 4 |
State Street
Boston,
Massachusetts
|
+$119M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$51.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$92.2M |
| 2 |
BlackRock
New York
|
-$70.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$66.8M |
| 4 |
JP Morgan Chase
New York
|
-$52.2M |
| 5 |
Goldman Sachs
New York
|
-$43.8M |
FRC Hedge Fund Activity: Q2 2018 in Review
466 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q2 2018, worth a combined $16.5B — up 6.5% from $15.5B a quarter earlier.
Fund positioning in FRC was balanced in Q2 2018: 42 funds opened new positions, 42 closed out, 177 added to existing stakes and 163 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $239M. The largest seller was Eaton Vance Management, cutting an estimated $92.2M.
- 466 institutional investors held First Republic Bank (FRC) as of Q2 2018, down from 470 in Q1 2018.
- Funds reported $16.5B of First Republic Bank stock for Q2 2018, up 6.5% quarter-over-quarter.
- 42 funds opened new First Republic Bank positions in Q2 2018 and 42 closed out, a net change of 0 holders.
- The largest First Republic Bank buyer in Q2 2018 was Principal Financial Group, an estimated $239M added.
- The largest First Republic Bank seller in Q2 2018 was Eaton Vance Management, an estimated $92.2M sold.
Based on aggregated 13F filings for Q2 2018.