First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncumulative Perpetual Series I Preferred Stock, par value $0.01 per share
FRC.PRI
FRC.PRI was delisted on the 28th of April, 2023.
2 hedge funds and large institutions have $11.6M invested in First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncumulative Perpetual Series I Preferred Stock, par value $0.01 per share in 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 1 reducing their positions, and closing their positions.
865% more capital invested
Capital invested by funds: $1.2M → $11.6M (+$10.4M)
100% more funds holding
Funds holding: 1 → 2 (+1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CW
Connectus Wealth
Cincinnati,
Ohio
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DLCIG
D.L. Carlson Investment Group
Concord,
New Hampshire
|
-$9.76K |
FRC.PRI Hedge Fund Activity: Q3 2022 in Review
2 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncumulative Perpetual Series I Preferred Stock, par value $0.01 per share (FRC.PRI) for Q3 2022, worth a combined $11.6M — up 865% from $1.2M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new FRC.PRI positions and 0 closed out — a net gain of 1 holder — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Connectus Wealth, opening a new position worth an estimated $11.1M. The largest seller was D.L. Carlson Investment Group, cutting an estimated $9.76K.
- 2 institutional investors held First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncumulative Perpetual Series I Preferred Stock, par value $0.01 per share (FRC.PRI) as of Q3 2022, up from 1 in Q2 2022.
- Funds reported $11.6M of First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncumulative Perpetual Series I Preferred Stock, par value $0.01 per share stock for Q3 2022, up 865% quarter-over-quarter.
- 1 fund opened new First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncumulative Perpetual Series I Preferred Stock, par value $0.01 per share positions in Q3 2022 and 0 closed out, a net change of +1 holder.
- The largest First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncumulative Perpetual Series I Preferred Stock, par value $0.01 per share buyer in Q3 2022 was Connectus Wealth, an estimated $11.1M added.
- The largest First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncumulative Perpetual Series I Preferred Stock, par value $0.01 per share seller in Q3 2022 was D.L. Carlson Investment Group, an estimated $9.76K sold.
Based on aggregated 13F filings for Q3 2022.