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FRC

First Republic Bank

Delisted

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

544 hedge funds and large institutions have $17B invested in First Republic Bank in 2019 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 217 increasing their positions, 190 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 217 | Existing positions reduced: 190

11% more call options, than puts

Call options by funds: $24.6M | Put options by funds: $22.1M

5% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 58

1% less funds holding

Funds holding: 548544 (-4)

7% less capital invested

Capital invested by funds: $18.2B → $17B (-$1.19B)

29% less funds holding in top 10

Funds holding in top 10: 1410 (-4)

Holders
544
Holders Change
-4
Holders Change %
-0.73%
% of All Funds
11.82%
Holding in Top 10
10
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-28.57%
% of All Funds
0.22%
New
61
Increased
217
Reduced
190
Closed
58
Calls
$24.6M
Puts
$22.1M
Net Calls
+$2.52M
Net Calls Change
-$3.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.42B -$9.84M -97,728 -0.7%
BlackRock
2
BlackRock
New York
$1.19B +$35.3M +350,766 +3%
State Street
3
State Street
Massachusetts
$911M -$12.2M -121,327 -1%
Capital Research Global Investors
4
Capital Research Global Investors
California
$663M +$387K +3,841 +0.1%
Goldman Sachs
5
Goldman Sachs
New York
$600M -$77.9M -773,248 -11%
JP Morgan Chase
6
JP Morgan Chase
New York
$567M +$8.85M +87,873 +2%
Capital International Investors
7
Capital International Investors
California
$518M +$57.2K +568 +0%
Principal Financial Group
8
Principal Financial Group
Iowa
$433M +$5.56M +55,228 +1%
HL
9
Harding Loevner
New Jersey
$412M -$6.1M -60,553 -1%
Capital World Investors
10
Capital World Investors
California
$407M +$7.91M +78,551 +2%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$339M +$11.4M +113,032 +3%
Parnassus Investments
12
Parnassus Investments
California
$337M -$207M -2,055,124 -37%
Wellington Management Group
13
Wellington Management Group
Massachusetts
$329M -$81.3M -807,628 -19%
Baillie Gifford & Co
14
Baillie Gifford & Co
United Kingdom
$329M -$333M -3,310,129 -50%
Select Equity Group
15
Select Equity Group
New York
$318M +$2.5M +24,856 +0.8%
Aberdeen Group
16
Aberdeen Group
United Kingdom
$305M -$54.9M -544,731 -15%
CWG
17
C WorldWide Group
Denmark
$297M -$7.32M -72,678 -2%
Diamond Hill Capital Management
18
Diamond Hill Capital Management
Ohio
$247M -$10.6M -104,995 -4%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$237M +$9.84M +97,698 +4%
Artisan Partners
20
Artisan Partners
Wisconsin
$223M +$6.18M +61,404 +3%
Invesco
21
Invesco
Georgia
$217M -$48.3M -479,495 -18%
Canada Pension Plan Investment Board
22
Canada Pension Plan Investment Board
Ontario, Canada
$209M +$16.2M +161,331 +8%
T. Rowe Price Associates
23
T. Rowe Price Associates
Maryland
$196M -$146M -1,448,855 -42%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$191M -$12.7M -125,681 -6%
Northern Trust
25
Northern Trust
Illinois
$170M +$1.75M +17,404 +1%

FRC Hedge Fund Activity: Q2 2019 in Review

544 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q2 2019, worth a combined $17B — down 6.5% from $18.2B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new FRC positions and 58 closed out — a net gain of 3 holders — while 217 added to existing stakes and 190 trimmed.

The largest buyer was Nuveen, adding an estimated $127M. The largest seller was Baillie Gifford & Co, cutting an estimated $333M.

  • 544 institutional investors held First Republic Bank (FRC) as of Q2 2019, down from 548 in Q1 2019.
  • Funds reported $17B of First Republic Bank stock for Q2 2019, down 6.5% quarter-over-quarter.
  • 61 funds opened new First Republic Bank positions in Q2 2019 and 58 closed out, a net change of +3 holders.
  • The largest First Republic Bank buyer in Q2 2019 was Nuveen, an estimated $127M added.
  • The largest First Republic Bank seller in Q2 2019 was Baillie Gifford & Co, an estimated $333M sold.

Based on aggregated 13F filings for Q2 2019.