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FRC

First Republic Bank

Delisted

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

711 hedge funds and large institutions have $32.6B invested in First Republic Bank in 2021 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 278 increasing their positions, 245 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

166% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 29

14% more funds holding in top 10

Funds holding in top 10: 1416 (+2)

13% more repeat investments, than reductions

Existing positions increased: 278 | Existing positions reduced: 245

6% more funds holding

Funds holding: 672711 (+39)

3% more capital invested

Capital invested by funds: $31.5B → $32.6B (+$1B)

39% less call options, than puts

Call options by funds: $20.7M | Put options by funds: $34.2M

Holders
711
Holders Change
+39
Holders Change %
+5.8%
% of All Funds
12.45%
Holding in Top 10
16
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+14.29%
% of All Funds
0.28%
New
77
Increased
278
Reduced
245
Closed
29
Calls
$20.7M
Puts
$34.2M
Net Calls
-$13.5M
Net Calls Change
-$54M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.64B +$61.6M +312,911 +2%
BlackRock
2
BlackRock
New York
$2.38B +$78.1M +397,082 +3%
State Street
3
State Street
Massachusetts
$1.81B -$45.1M -229,160 -2%
Capital International Investors
4
Capital International Investors
California
$1.6B -$19.7M -100,319 -1%
Capital World Investors
5
Capital World Investors
California
$1.06B
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$973M -$208M -1,058,943 -17%
Baillie Gifford & Co
7
Baillie Gifford & Co
United Kingdom
$948M -$15.2M -77,407 -2%
HL
8
Harding Loevner
New Jersey
$793M -$28.1M -143,063 -3%
ATO
9
Alecta Tjanstepension Omsesidigt
Sweden
$735M +$81.6M +415,000 +12%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$613M +$16.6M +84,241 +3%
Capital Research Global Investors
11
Capital Research Global Investors
California
$568M -$15.2M -77,461 -3%
Principal Financial Group
12
Principal Financial Group
Iowa
$563M -$26.1M -132,747 -4%
WCM Investment Management
13
WCM Investment Management
California
$538M +$41.7M +211,905 +8%
Select Equity Group
14
Select Equity Group
New York
$538M -$97.2M -493,823 -15%
1832 Asset Management
15
1832 Asset Management
Ontario, Canada
$519M +$223M +1,135,787 +75%
CWG
16
C WorldWide Group
Denmark
$440M -$6.04M -30,714 -1%
JP Morgan Chase
17
JP Morgan Chase
New York
$418M -$164M -835,469 -28%
Diamond Hill Capital Management
18
Diamond Hill Capital Management
Ohio
$415M -$8.21M -41,709 -2%
Ensign Peak Advisors
19
Ensign Peak Advisors
Utah
$396M -$29.7M -150,822 -7%
Invesco
20
Invesco
Georgia
$386M +$28.7M +145,645 +8%
Wellington Management Group
21
Wellington Management Group
Massachusetts
$373M -$22.6M -115,070 -6%
Northern Trust
22
Northern Trust
Illinois
$359M +$7.46M +37,917 +2%
Artisan Partners
23
Artisan Partners
Wisconsin
$324M -$10.1M -51,217 -3%
APG Asset Management
24
APG Asset Management
Netherlands
$316M -$22.7M -115,391 -6%
Norges Bank
25
Norges Bank
Norway
$315M -$3.77M -19,165 -1%

FRC Hedge Fund Activity: Q3 2021 in Review

711 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q3 2021, worth a combined $32.6B — up 3.2% from $31.5B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new FRC positions and 29 closed out — a net gain of 48 holders — while 278 added to existing stakes and 245 trimmed.

The largest buyer was 1832 Asset Management, adding an estimated $223M. The largest seller was Royal Bank of Canada, cutting an estimated $208M.

  • 711 institutional investors held First Republic Bank (FRC) as of Q3 2021, up from 672 in Q2 2021.
  • Funds reported $32.6B of First Republic Bank stock for Q3 2021, up 3.2% quarter-over-quarter.
  • 77 funds opened new First Republic Bank positions in Q3 2021 and 29 closed out, a net change of +48 holders.
  • The largest First Republic Bank buyer in Q3 2021 was 1832 Asset Management, an estimated $223M added.
  • The largest First Republic Bank seller in Q3 2021 was Royal Bank of Canada, an estimated $208M sold.

Based on aggregated 13F filings for Q3 2021.