First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 4.000% Noncumulative Perpetual Series M Preferred Stock
FRC.PRM
FRC.PRM was delisted on the 28th of April, 2023.
3 hedge funds and large institutions have $1.27M invested in First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 4.000% Noncumulative Perpetual Series M Preferred Stock in 2021 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, reducing their positions, and closing their positions.
310% more capital invested
Capital invested by funds: $311K → $1.27M (+$964K)
200% more funds holding
Funds holding: 1 → 3 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CTA
Chesley Taft & Associates
Chicago,
Illinois
|
+$889K |
| 2 |
ACA
Atlas Capital Advisors
Jackson,
Wyoming
|
+$47.8K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$550 |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CTA
1
Chesley Taft & Associates
Chicago,
Illinois
| $1.23M | +$889K | +37,200 | +291% |
|
|
ACA
2
Atlas Capital Advisors
Jackson,
Wyoming
| $49K | +$47.8K | +2,000 | New |
|
|
3
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | +$550 | +23 | New |
|
FRC.PRM Hedge Fund Activity: Q4 2021 in Review
3 of the 6,499 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 4.000% Noncumulative Perpetual Series M Preferred Stock (FRC.PRM) for Q4 2021, worth a combined $1.27M — up 310% from $311K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FRC.PRM positions and 0 closed out — a net gain of 2 holders — while 1 added to existing stakes and 0 trimmed.
The largest buyer was Chesley Taft & Associates, adding an estimated $889K.
- 3 institutional investors held First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 4.000% Noncumulative Perpetual Series M Preferred Stock (FRC.PRM) as of Q4 2021, up from 1 in Q3 2021.
- Funds reported $1.27M of First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 4.000% Noncumulative Perpetual Series M Preferred Stock stock for Q4 2021, up 310% quarter-over-quarter.
- 2 funds opened new First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 4.000% Noncumulative Perpetual Series M Preferred Stock positions in Q4 2021 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 4.000% Noncumulative Perpetual Series M Preferred Stock buyer in Q4 2021 was Chesley Taft & Associates, an estimated $889K added.
Based on aggregated 13F filings for Q4 2021.