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FRC.PRN

First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.500% Noncumulative Perpetual Series N Preferred Stock
FRC.PRN

Delisted

FRC.PRN was delisted on the 28th of April, 2023.

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2 hedge funds and large institutions have $2.44M invested in First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.500% Noncumulative Perpetual Series N Preferred Stock in 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 1 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

447% more capital invested

Capital invested by funds: $447K → $2.44M (+$2M)

100% more funds holding

Funds holding: 1 → 2 (+1)

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 1

Holders
2
Holders Change
+1
Holders Change %
+100%
% of All Funds
0.03%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
1
Increased
–
Reduced
1
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CW
Connectus Wealth
Ohio
+$2.23M

Top Sellers

Rank Fund Capital Flow
1
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
-$119K
Name Holding Trade Value Shares
Change 		Change in
Stake
CW
1
Connectus Wealth
Ohio
$2.11M +$2.23M +114,100 New
RhumbLine Advisers
2
RhumbLine Advisers
Massachusetts
$335K -$119K -6,075 -25%

FRC.PRN Hedge Fund Activity: Q3 2022 in Review

2 of the 5,805 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 4.500% Noncumulative Perpetual Series N Preferred Stock (FRC.PRN) for Q3 2022, worth a combined $2.44M — up 447% from $447K a quarter earlier.

Buyers outnumbered sellers: 1 fund opened new FRC.PRN positions and 0 closed out — a net gain of 1 holder — while 0 added to existing stakes and 1 trimmed.

The largest buyer was Connectus Wealth, opening a new position worth an estimated $2.23M. The largest seller was RhumbLine Advisers, cutting an estimated $119K.

  • 2 institutional investors held First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.500% Noncumulative Perpetual Series N Preferred Stock (FRC.PRN) as of Q3 2022, up from 1 in Q2 2022.
  • Funds reported $2.44M of First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.500% Noncumulative Perpetual Series N Preferred Stock stock for Q3 2022, up 447% quarter-over-quarter.
  • 1 fund opened new First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.500% Noncumulative Perpetual Series N Preferred Stock positions in Q3 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 4.500% Noncumulative Perpetual Series N Preferred Stock buyer in Q3 2022 was Connectus Wealth, an estimated $2.23M added.
  • The largest First Republic Bank Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.500% Noncumulative Perpetual Series N Preferred Stock seller in Q3 2022 was RhumbLine Advisers, an estimated $119K sold.

Based on aggregated 13F filings for Q3 2022.