First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
758 hedge funds and large institutions have $35.1B invested in First Republic Bank in 2021 Q4 according to their latest regulatory filings, with 97 funds opening new positions, 314 increasing their positions, 242 reducing their positions, and 42 closing their positions.
131% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 42
30% more repeat investments, than reductions
Existing positions increased: 314 | Existing positions reduced: 242
8% more capital invested
Capital invested by funds: $32.7B → $35.1B (+$2.45B)
7% more funds holding
Funds holding: 711 → 758 (+47)
6% more funds holding in top 10
Funds holding in top 10: 16 → 17 (+1)
52% less call options, than puts
Call options by funds: $20.9M | Put options by funds: $43.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$292M |
| 2 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
+$108M |
| 3 |
Renaissance Technologies
New York
|
+$92.8M |
| 4 |
Select Equity Group
New York
|
+$77.3M |
| 5 |
Millennium Management
New York
|
+$75.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$201M |
| 2 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$137M |
| 3 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
-$122M |
| 4 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$111M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$74.4M |
FRC Hedge Fund Activity: Q4 2021 in Review
758 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q4 2021, worth a combined $35.1B — up 7.5% from $32.7B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new FRC positions and 42 closed out — a net gain of 55 holders — while 314 added to existing stakes and 242 trimmed.
The largest buyer was BlackRock, adding an estimated $292M. The largest seller was Diamond Hill Capital Management, cutting an estimated $201M.
- 758 institutional investors held First Republic Bank (FRC) as of Q4 2021, up from 711 in Q3 2021.
- Funds reported $35.1B of First Republic Bank stock for Q4 2021, up 7.5% quarter-over-quarter.
- 97 funds opened new First Republic Bank positions in Q4 2021 and 42 closed out, a net change of +55 holders.
- The largest First Republic Bank buyer in Q4 2021 was BlackRock, an estimated $292M added.
- The largest First Republic Bank seller in Q4 2021 was Diamond Hill Capital Management, an estimated $201M sold.
Based on aggregated 13F filings for Q4 2021.