First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
495 hedge funds and large institutions have $16.6B invested in First Republic Bank in 2018 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 176 increasing their positions, 177 reducing their positions, and 22 closing their positions.
136% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 22
6% more funds holding
Funds holding: 466 → 495 (+29)
1% more capital invested
Capital invested by funds: $16.5B → $16.6B (+$138M)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
1% less repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 177
16% less call options, than puts
Call options by funds: $13.1M | Put options by funds: $15.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$708M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$485M |
| 3 |
Select Equity Group
New York
|
+$88.9M |
| 4 |
BlackRock
New York
|
+$73.8M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$45.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$582M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$221M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$144M |
| 4 |
Goldman Sachs
New York
|
-$103M |
| 5 |
Jennison Associates
New York
|
-$66.4M |
FRC Hedge Fund Activity: Q3 2018 in Review
495 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q3 2018, worth a combined $16.6B — up 0.83% from $16.5B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new FRC positions and 22 closed out — a net gain of 30 holders — while 176 added to existing stakes and 177 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $708M. The largest seller was Capital World Investors, cutting an estimated $582M.
- 495 institutional investors held First Republic Bank (FRC) as of Q3 2018, up from 466 in Q2 2018.
- Funds reported $16.6B of First Republic Bank stock for Q3 2018, up 0.83% quarter-over-quarter.
- 52 funds opened new First Republic Bank positions in Q3 2018 and 22 closed out, a net change of +30 holders.
- The largest First Republic Bank buyer in Q3 2018 was Capital Research Global Investors, an estimated $708M added.
- The largest First Republic Bank seller in Q3 2018 was Capital World Investors, an estimated $582M sold.
Based on aggregated 13F filings for Q3 2018.