First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
672 hedge funds and large institutions have $31.6B invested in First Republic Bank in 2021 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 268 increasing their positions, 249 reducing their positions, and 53 closing their positions.
166% more call options, than puts
Call options by funds: $64.9M | Put options by funds: $24.4M
13% more capital invested
Capital invested by funds: $28B → $31.6B (+$3.61B)
8% more funds holding in top 10
Funds holding in top 10: 13 → 14 (+1)
8% more repeat investments, than reductions
Existing positions increased: 268 | Existing positions reduced: 249
8% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 53
1% less funds holding
Funds holding: 677 → 672 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$236M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$181M |
| 3 |
JP Morgan Chase
New York
|
+$54.7M |
| 4 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
+$46.9M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$45.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$119M |
| 2 |
CWG
C WorldWide Group
Copenhagen,
Denmark
|
-$97.8M |
| 3 |
State Street
Boston,
Massachusetts
|
-$79.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$55.7M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$54M |
FRC Hedge Fund Activity: Q2 2021 in Review
672 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q2 2021, worth a combined $31.6B — up 13% from $28B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new FRC positions and 53 closed out — a net gain of 4 holders — while 268 added to existing stakes and 249 trimmed.
The largest buyer was Macquarie Group, adding an estimated $236M. The largest seller was Select Equity Group, cutting an estimated $119M.
- 672 institutional investors held First Republic Bank (FRC) as of Q2 2021, down from 677 in Q1 2021.
- Funds reported $31.6B of First Republic Bank stock for Q2 2021, up 13% quarter-over-quarter.
- 57 funds opened new First Republic Bank positions in Q2 2021 and 53 closed out, a net change of +4 holders.
- The largest First Republic Bank buyer in Q2 2021 was Macquarie Group, an estimated $236M added.
- The largest First Republic Bank seller in Q2 2021 was Select Equity Group, an estimated $119M sold.
Based on aggregated 13F filings for Q2 2021.