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FRC.PRJ

First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.70% Noncumulative Perpetual Series J Preferred Stock

Delisted

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

2 hedge funds and large institutions have $1.3M invested in First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.70% Noncumulative Perpetual Series J Preferred Stock in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

12,880% more capital invested

Capital invested by funds: $10K → $1.3M (+$1.29M)

Holders
2
Holders Change
+2
Holders Change %
% of All Funds
0.03%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
Reduced
Closed
Calls
Puts
Net Calls
Net Calls Change

Top Sellers

No sellers this quarter
Name Holding Trade Value Shares
Change
Change in
Stake
CW
1
Connectus Wealth
Ohio
$1.29M +$1.37M +67,050 New
RMC
2
Resources Management Corp
Connecticut
$10K +$10.8K +525 New

FRC.PRJ 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 4.70% Noncumulative Perpetual Series J Preferred Stock (FRC.PRJ) for Q3 2022, worth a combined $1.3M — up 12,880% from $10K a quarter earlier.

Buyers outnumbered sellers: 2 funds opened new FRC.PRJ positions and 0 closed out — a net gain of 2 holders — while 0 added to existing stakes and 0 trimmed.

The largest buyer was Connectus Wealth, opening a new position worth an estimated $1.37M.

  • 2 institutional investors held First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.70% Noncumulative Perpetual Series J Preferred Stock (FRC.PRJ) as of Q3 2022, up from 0 in Q2 2022.
  • Funds reported $1.3M of First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.70% Noncumulative Perpetual Series J Preferred Stock stock for Q3 2022, up 12,880% quarter-over-quarter.
  • 2 funds opened new First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.70% Noncumulative Perpetual Series J Preferred Stock positions in Q3 2022 and 0 closed out, a net change of +2 holders.
  • The largest First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.70% Noncumulative Perpetual Series J Preferred Stock buyer in Q3 2022 was Connectus Wealth, an estimated $1.37M added.

Based on aggregated 13F filings for Q3 2022.