First Republic Bank
FRC
FRC was delisted on the 28th of April, 2023.
734 hedge funds and large institutions have $27.4B invested in First Republic Bank in 2022 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 319 increasing their positions, 253 reducing their positions, and 87 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 319 | Existing positions reduced: 253
11% more call options, than puts
Call options by funds: $32.4M | Put options by funds: $29.2M
3% less funds holding
Funds holding: 758 → 734 (-24)
18% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 87
22% less capital invested
Capital invested by funds: $35.1B → $27.4B (-$7.69B)
47% less funds holding in top 10
Funds holding in top 10: 17 → 9 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$322M |
| 2 |
Goldman Sachs
New York
|
+$140M |
| 3 |
Renaissance Technologies
New York
|
+$124M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$123M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$113M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$537M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$458M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$314M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$139M |
| 5 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$134M |
FRC Hedge Fund Activity: Q1 2022 in Review
734 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank (FRC) for Q1 2022, worth a combined $27.4B — down 22% from $35.1B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of FRC and 71 opened new positions — a net loss of 16 holders — while 253 trimmed existing stakes and 319 added.
The largest buyer was Select Equity Group, adding an estimated $322M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $537M sold.
- 734 institutional investors held First Republic Bank (FRC) as of Q1 2022, down from 758 in Q4 2021.
- Funds reported $27.4B of First Republic Bank stock for Q1 2022, down 22% quarter-over-quarter.
- 71 funds opened new First Republic Bank positions in Q1 2022 and 87 closed out, a net change of -16 holders.
- The largest First Republic Bank buyer in Q1 2022 was Select Equity Group, an estimated $322M added.
- The largest First Republic Bank seller in Q1 2022 was 1832 Asset Management, an estimated $537M sold.
Based on aggregated 13F filings for Q1 2022.