First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
635 hedge funds and large institutions have $25.3B invested in First Republic Bank in 2020 Q4 according to their latest regulatory filings, with 106 funds opening new positions, 223 increasing their positions, 232 reducing their positions, and 31 closing their positions.
242% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 31
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
39% more capital invested
Capital invested by funds: $18.1B → $25.3B (+$7.16B)
12% more funds holding
Funds holding: 566 → 635 (+69)
4% less repeat investments, than reductions
Existing positions increased: 223 | Existing positions reduced: 232
37% less call options, than puts
Call options by funds: $10.5M | Put options by funds: $16.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KBC Group
Brussels,
Belgium
|
+$127M |
| 2 |
State Street
Boston,
Massachusetts
|
+$111M |
| 3 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
+$89.8M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$84M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$80.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$171M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$168M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$79.1M |
| 4 |
Select Equity Group
New York
|
-$68.7M |
| 5 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
-$41.6M |
FRC Hedge Fund Activity: Q4 2020 in Review
635 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q4 2020, worth a combined $25.3B — up 39% from $18.1B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new FRC positions and 31 closed out — a net gain of 75 holders — while 223 added to existing stakes and 232 trimmed.
The largest buyer was KBC Group, adding an estimated $127M. The largest seller was Citadel Advisors, cutting an estimated $171M.
- 635 institutional investors held First Republic Bank (FRC) as of Q4 2020, up from 566 in Q3 2020.
- Funds reported $25.3B of First Republic Bank stock for Q4 2020, up 39% quarter-over-quarter.
- 106 funds opened new First Republic Bank positions in Q4 2020 and 31 closed out, a net change of +75 holders.
- The largest First Republic Bank buyer in Q4 2020 was KBC Group, an estimated $127M added.
- The largest First Republic Bank seller in Q4 2020 was Citadel Advisors, an estimated $171M sold.
Based on aggregated 13F filings for Q4 2020.