First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
543 hedge funds and large institutions have $13.9B invested in First Republic Bank in 2020 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 216 increasing their positions, 214 reducing their positions, and 67 closing their positions.
113% more call options, than puts
Call options by funds: $26.4M | Put options by funds: $12.4M
1% more repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 214
3% less funds holding
Funds holding: 561 → 543 (-18)
16% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 67
32% less capital invested
Capital invested by funds: $20.4B → $13.9B (-$6.48B)
50% less funds holding in top 10
Funds holding in top 10: 16 → 8 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$442M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$163M |
| 3 |
Select Equity Group
New York
|
+$105M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$87.4M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$62.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$537M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$131M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$94.4M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$83.2M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$82.4M |
FRC Hedge Fund Activity: Q1 2020 in Review
543 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q1 2020, worth a combined $13.9B — down 32% from $20.4B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of FRC and 56 opened new positions — a net loss of 11 holders — while 214 trimmed existing stakes and 216 added.
The largest buyer was Vanguard Group, adding an estimated $442M. The largest seller was Goldman Sachs, cutting an estimated $537M.
- 543 institutional investors held First Republic Bank (FRC) as of Q1 2020, down from 561 in Q4 2019.
- Funds reported $13.9B of First Republic Bank stock for Q1 2020, down 32% quarter-over-quarter.
- 56 funds opened new First Republic Bank positions in Q1 2020 and 67 closed out, a net change of -11 holders.
- The largest First Republic Bank buyer in Q1 2020 was Vanguard Group, an estimated $442M added.
- The largest First Republic Bank seller in Q1 2020 was Goldman Sachs, an estimated $537M sold.
Based on aggregated 13F filings for Q1 2020.