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.
2 hedge funds and large institutions have $62.7K 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 Q4 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, reducing their positions, and 0 closing their positions.
100% more funds holding
Funds holding: 1 → 2 (+1)
4% less capital invested
Capital invested by funds: $65K → $62.7K (-$2.29K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$1.25K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACA
1
Atlas Capital Advisors
Jackson,
Wyoming
| $61.5K | – | – | – |
|
|
2
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1.21K | +$1.25K | +77 | New |
|
FRC.PRM Hedge Fund Activity: Q4 2022 in Review
2 of the 6,222 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 2022, worth a combined $62.7K — down 3.5% from $65K a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new FRC.PRM positions and 0 closed out — a net gain of 1 holder — while 0 added to existing stakes and 0 trimmed.
The largest buyer was PNC Financial Services Group, opening a new position worth an estimated $1.25K.
- 2 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 2022, up from 1 in Q3 2022.
- Funds reported $62.7K 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 2022, down 3.5% quarter-over-quarter.
- 1 fund 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 2022 and 0 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 buyer in Q4 2022 was PNC Financial Services Group, an estimated $1.25K added.
Based on aggregated 13F filings for Q4 2022.