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
FRC.PRN was delisted on the 28th of April, 2023.
0 hedge funds and large institutions have $0 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 Q4 according to their latest regulatory filings, with 0 funds opening new positions, increasing their positions, 0 reducing their positions, and 2 closing their positions.
100% less funds holding
Funds holding: 2 → 0 (-2)
100% less capital invested
Capital invested by funds: $2.44M → $0 (-$2.44M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CW
Connectus Wealth
Cincinnati,
Ohio
|
-$2.11M |
| 2 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$335K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CW
1
Connectus Wealth
Cincinnati,
Ohio
| – | -$2.11M | -114,100 | Closed |
|
|
2
RhumbLine Advisers
Boston,
Massachusetts
| – | -$335K | -18,075 | Closed |
|
FRC.PRN Hedge Fund Activity: Q4 2022 in Review
0 of the 6,221 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 Q4 2022, worth a combined $0 — down 100% from $2.44M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FRC.PRN and 0 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was Connectus Wealth, exiting entirely with an estimated $2.11M sold.
- 0 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 Q4 2022, down from 2 in Q3 2022.
- Funds reported $0 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 Q4 2022, down 100% quarter-over-quarter.
- 0 funds 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 Q4 2022 and 2 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 4.500% Noncumulative Perpetual Series N Preferred Stock seller in Q4 2022 was Connectus Wealth, an estimated $2.11M sold.
Based on aggregated 13F filings for Q4 2022.