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.
1 hedge funds and large institutions have $65K 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 2022 Q3 according to their latest regulatory filings, with funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 1 closing their positions.
50% less funds holding
Funds holding: 2 → 1 (-1)
94% less capital invested
Capital invested by funds: $1.05M → $65K (-$989K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CTA
Chesley Taft & Associates
Chicago,
Illinois
|
-$987K |
FRC.PRM Hedge Fund Activity: Q3 2022 in Review
1 of the 5,806 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 Q3 2022, worth a combined $65K — down 94% from $1.05M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of FRC.PRM and 0 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 0 added.
The largest seller was Chesley Taft & Associates, exiting entirely with an estimated $987K sold.
- 1 institutional investor 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 Q3 2022, down from 2 in Q2 2022.
- Funds reported $65K 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 Q3 2022, down 94% quarter-over-quarter.
- 0 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 Q3 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 4.000% Noncumulative Perpetual Series M Preferred Stock seller in Q3 2022 was Chesley Taft & Associates, an estimated $987K sold.
Based on aggregated 13F filings for Q3 2022.