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.
3 hedge funds and large institutions have $65.2K 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 Q4 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, reducing their positions, and 0 closing their positions.
200% more funds holding
Funds holding: 1 → 3 (+2)
4% less capital invested
Capital invested by funds: $68K → $65.2K (-$2.81K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWAM
Boyd Watterson Asset Management
Cleveland,
Ohio
|
+$2.08K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$200 |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RMC
1
Resources Management Corp
West Hartford,
Connecticut
| $63K | – | – | – |
|
|
BWAM
2
Boyd Watterson Asset Management
Cleveland,
Ohio
| $2K | +$2.08K | +125 | New |
|
|
3
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $192 | +$200 | +12 | New |
|
FRC.PRK Hedge Fund Activity: Q4 2022 in Review
3 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 4.125% Noncumulative Perpetual Series K Preferred Stock (FRC.PRK) for Q4 2022, worth a combined $65.2K — down 4.1% from $68K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FRC.PRK positions and 0 closed out — a net gain of 2 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Boyd Watterson Asset Management, opening a new position worth an estimated $2.08K.
- 3 institutional investors 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 Q4 2022, up from 1 in Q3 2022.
- Funds reported $65.2K 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 Q4 2022, down 4.1% quarter-over-quarter.
- 2 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 Q4 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 4.125% Noncumulative Perpetual Series K Preferred Stock buyer in Q4 2022 was Boyd Watterson Asset Management, an estimated $2.08K added.
Based on aggregated 13F filings for Q4 2022.