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 $23.1K 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 2023 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, reducing their positions, and 1 closing their positions.
50% less funds holding
Funds holding: 2 → 1 (-1)
63% less capital invested
Capital invested by funds: $62.7K → $23.1K (-$39.6K)
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
|
+$5.99K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.21K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACA
1
Atlas Capital Advisors
Jackson,
Wyoming
| $23.1K | +$5.99K | +400 | +10% |
|
|
2
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1.21K | -77 | Closed |
|
FRC.PRM Hedge Fund Activity: Q1 2023 in Review
1 of the 6,276 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 Q1 2023, worth a combined $23.1K — down 63% from $62.7K 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 1 added.
The largest buyer was Atlas Capital Advisors, adding an estimated $5.99K. The largest seller was PNC Financial Services Group, exiting entirely with an estimated $1.21K 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 Q1 2023, down from 2 in Q4 2022.
- Funds reported $23.1K 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 Q1 2023, down 63% 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 Q1 2023 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 buyer in Q1 2023 was Atlas Capital Advisors, an estimated $5.99K added.
- 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 Q1 2023 was PNC Financial Services Group, an estimated $1.21K sold.
Based on aggregated 13F filings for Q1 2023.