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FRC.PRL

First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.250% Noncumulative Perpetual Series L Preferred Stock

Delisted

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

1 hedge funds and large institutions have $246K invested in First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.250% Noncumulative Perpetual Series L Preferred Stock in 2021 Q3 according to their latest regulatory filings, with 0 funds opening new positions, increasing their positions, reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% less capital invested

Capital invested by funds: $478K → $246K (-$232K)

50% less funds holding

Funds holding: 21 (-1)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 1

Holders
1
Holders Change
-1
Holders Change %
-50%
% of All Funds
0.02%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
1
Calls
Puts
Net Calls
Net Calls Change

Top Buyers

No buyers this quarter

Top Sellers

Rank Fund Capital Flow
1
ACA
Atlas Capital Advisors
Wyoming
-$217K
Name Holding Trade Value Shares
Change
Change in
Stake
BWAM
1
Boyd Watterson Asset Management
Ohio
$246K
ACA
2
Atlas Capital Advisors
Wyoming
-$217K -8,100 Closed

FRC.PRL Hedge Fund Activity: Q3 2021 in Review

1 of the 5,713 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 4.250% Noncumulative Perpetual Series L Preferred Stock (FRC.PRL) for Q3 2021, worth a combined $246K — down 48% from $478K a quarter earlier.

Sellers outnumbered buyers: 1 fund closed out of FRC.PRL and 0 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 0 added.

The largest seller was Atlas Capital Advisors, exiting entirely with an estimated $217K sold.

  • 1 institutional investor held First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.250% Noncumulative Perpetual Series L Preferred Stock (FRC.PRL) as of Q3 2021, down from 2 in Q2 2021.
  • Funds reported $246K of First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.250% Noncumulative Perpetual Series L Preferred Stock stock for Q3 2021, down 48% quarter-over-quarter.
  • 0 funds opened new First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.250% Noncumulative Perpetual Series L Preferred Stock positions in Q3 2021 and 1 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 4.250% Noncumulative Perpetual Series L Preferred Stock seller in Q3 2021 was Atlas Capital Advisors, an estimated $217K sold.

Based on aggregated 13F filings for Q3 2021.