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
FRC.PRL was delisted on the 28th of April, 2023.
1 hedge funds and large institutions have $213K 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 2022 Q2 according to their latest regulatory filings, with funds opening new positions, 1 increasing their positions, reducing their positions, and 1 closing their positions.
43% less capital invested
Capital invested by funds: $371K → $213K (-$158K)
50% less funds holding
Funds holding: 2 → 1 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Atlas Capital Advisors
Jackson,
Wyoming
|
+$70.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWAM
Boyd Watterson Asset Management
Cleveland,
Ohio
|
-$203K |
FRC.PRL Hedge Fund Activity: Q2 2022 in Review
1 of the 5,937 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 Q2 2022, worth a combined $213K — down 43% from $371K 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 1 added.
The largest buyer was Atlas Capital Advisors, adding an estimated $70.4K. The largest seller was Boyd Watterson Asset Management, exiting entirely with an estimated $203K 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 Q2 2022, down from 2 in Q1 2022.
- Funds reported $213K 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 Q2 2022, down 43% 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 Q2 2022 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 buyer in Q2 2022 was Atlas Capital Advisors, an estimated $70.4K added.
- 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 Q2 2022 was Boyd Watterson Asset Management, an estimated $203K sold.
Based on aggregated 13F filings for Q2 2022.