First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.125% Noncumulative Perpetual Series K Preferred Stock
FRC.PRK
FRC.PRK was delisted on the 28th of April, 2023.
1 hedge funds and large institutions have $68K invested in First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.125% Noncumulative Perpetual Series K Preferred Stock in 2022 Q3 according to their latest regulatory filings, with 0 funds opening new positions, increasing their positions, reducing their positions, and 2 closing their positions.
67% less funds holding
Funds holding: 3 → 1 (-2)
88% less capital invested
Capital invested by funds: $583K → $68K (-$515K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1IA
1620 Investment Advisors
Plymouth,
Massachusetts
|
-$494K |
| 2 |
CMP
Coston McIsaac & Partners
Bar Harbor,
Maine
|
-$20K |
FRC.PRK Hedge Fund Activity: Q3 2022 in Review
1 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 4.125% Noncumulative Perpetual Series K Preferred Stock (FRC.PRK) for Q3 2022, worth a combined $68K — down 88% from $583K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FRC.PRK and 0 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was 1620 Investment Advisors, exiting entirely with an estimated $494K sold.
- 1 institutional investor held First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.125% Noncumulative Perpetual Series K Preferred Stock (FRC.PRK) as of Q3 2022, down from 3 in Q2 2022.
- Funds reported $68K of First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.125% Noncumulative Perpetual Series K Preferred Stock stock for Q3 2022, down 88% quarter-over-quarter.
- 0 funds opened new First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.125% Noncumulative Perpetual Series K Preferred Stock positions in Q3 2022 and 2 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 4.125% Noncumulative Perpetual Series K Preferred Stock seller in Q3 2022 was 1620 Investment Advisors, an estimated $494K sold.
Based on aggregated 13F filings for Q3 2022.