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FRC

First Republic Bank

Delisted

FRC was delisted on the 28th of April, 2023.

548 hedge funds and large institutions have $18.2B invested in First Republic Bank in 2019 Q1 according to their latest regulatory filings, with 89 funds opening new positions, 207 increasing their positions, 174 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

112% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 42

19% more repeat investments, than reductions

Existing positions increased: 207 | Existing positions reduced: 174

18% more call options, than puts

Call options by funds: $38.3M | Put options by funds: $32.6M

15% more capital invested

Capital invested by funds: $15.8B → $18.2B (+$2.38B)

8% more funds holding

Funds holding: 506548 (+42)

0% more funds holding in top 10

Funds holding in top 10: 1414 (0)

Holders
548
Holders Change
+42
Holders Change %
+8.3%
% of All Funds
11.86%
Holding in Top 10
14
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.3%
New
89
Increased
207
Reduced
174
Closed
42
Calls
$38.3M
Puts
$32.6M
Net Calls
+$5.72M
Net Calls Change
-$5.08M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.47B -$192M -1,954,431 -12%
BlackRock
2
BlackRock
New York
$1.19B -$122M -1,234,472 -9%
State Street
3
State Street
Massachusetts
$950M -$18.1M -184,291 -2%
Goldman Sachs
4
Goldman Sachs
New York
$694M +$395M +4,016,449 +139%
Capital Research Global Investors
5
Capital Research Global Investors
California
$682M -$107K -1,090 -0%
Baillie Gifford & Co
6
Baillie Gifford & Co
United Kingdom
$671M -$2.65M -26,897 -0.4%
JP Morgan Chase
7
JP Morgan Chase
New York
$586M -$31.6M -320,942 -5%
Parnassus Investments
8
Parnassus Investments
California
$554M -$9.03M -91,675 -2%
Capital International Investors
9
Capital International Investors
California
$533M +$15M +152,173 +3%
Principal Financial Group
10
Principal Financial Group
Iowa
$440M -$2.06M -20,912 -0.5%
HL
11
Harding Loevner
New Jersey
$430M +$10.9M +110,719 +3%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$420M -$37.5M -380,670 -8%
Capital World Investors
13
Capital World Investors
California
$411M
Aberdeen Group
14
Aberdeen Group
United Kingdom
$369M -$71.2M -722,711 -16%
T. Rowe Price Associates
15
T. Rowe Price Associates
Maryland
$347M -$185M -1,874,461 -35%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$338M -$51.3M -520,558 -13%
Select Equity Group
17
Select Equity Group
New York
$325M -$8.73M -88,619 -3%
CWG
18
C WorldWide Group
Denmark
$313M -$7.07M -71,829 -2%
Invesco
19
Invesco
Georgia
$271M -$27.8M -282,167 -9%
Diamond Hill Capital Management
20
Diamond Hill Capital Management
Ohio
$264M -$11.5M -116,465 -4%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$234M +$23.3M +236,925 +11%
Bank of America
22
Bank of America
North Carolina
$234M -$21M -213,426 -8%
Artisan Partners
23
Artisan Partners
Wisconsin
$223M -$3.28M -33,270 -1%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$209M -$63.9M -649,364 -24%
Canada Pension Plan Investment Board
25
Canada Pension Plan Investment Board
Ontario, Canada
$199M -$368K -3,740 -0.2%

FRC Hedge Fund Activity: Q1 2019 in Review

548 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q1 2019, worth a combined $18.2B — up 15% from $15.8B a quarter earlier.

Buyers outnumbered sellers: 89 funds opened new FRC positions and 42 closed out — a net gain of 47 holders — while 207 added to existing stakes and 174 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $395M. The largest seller was Vanguard Group, cutting an estimated $192M.

  • 548 institutional investors held First Republic Bank (FRC) as of Q1 2019, up from 506 in Q4 2018.
  • Funds reported $18.2B of First Republic Bank stock for Q1 2019, up 15% quarter-over-quarter.
  • 89 funds opened new First Republic Bank positions in Q1 2019 and 42 closed out, a net change of +47 holders.
  • The largest First Republic Bank buyer in Q1 2019 was Goldman Sachs, an estimated $395M added.
  • The largest First Republic Bank seller in Q1 2019 was Vanguard Group, an estimated $192M sold.

Based on aggregated 13F filings for Q1 2019.