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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 $10.1K 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 Q4 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding

Funds holding: 22 (0)

0% more first-time investments, than exits

New positions opened: 1 | Existing positions closed: 1

99% less capital invested

Capital invested by funds: $1.3M → $10.1K (-$1.29M)

Holders
2
Holders Change
Holders Change %
0%
% of All Funds
0.03%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
Reduced
Closed
1
Calls
Puts
Net Calls
Net Calls Change

Top Buyers

Rank Fund Capital Flow
1
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
+$114

Top Sellers

Rank Fund Capital Flow
1
CW
Connectus Wealth
Ohio
-$1.29M
Name Holding Trade Value Shares
Change
Change in
Stake
RMC
1
Resources Management Corp
Connecticut
$10K
PNC Financial Services Group
2
PNC Financial Services Group
Pennsylvania
$111 +$114 +6 New
CW
3
Connectus Wealth
Ohio
-$1.29M -67,050 Closed

FRC.PRJ Hedge Fund Activity: Q4 2022 in Review

2 of the 6,221 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 Q4 2022, worth a combined $10.1K — down 99% from $1.3M a quarter earlier.

Fund positioning in FRC.PRJ was balanced in Q4 2022: 1 fund opened new positions, 1 closed out, 0 added to existing stakes and 0 trimmed.

The largest buyer was PNC Financial Services Group, opening a new position worth an estimated $114. The largest seller was Connectus Wealth, exiting entirely with an estimated $1.29M sold.

  • 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 Q4 2022, unchanged from Q3 2022.
  • Funds reported $10.1K 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 Q4 2022, down 99% quarter-over-quarter.
  • 1 fund 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 Q4 2022 and 1 closed out, a net change of 0 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 Q4 2022 was PNC Financial Services Group, an estimated $114 added.
  • 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 seller in Q4 2022 was Connectus Wealth, an estimated $1.29M sold.

Based on aggregated 13F filings for Q4 2022.