Republic Bancorp
RBCAA
90 hedge funds and large institutions have $201M invested in Republic Bancorp in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 34 increasing their positions, 35 reducing their positions, and 5 closing their positions.
26% more capital invested
Capital invested by funds: $160M → $201M (+$41.1M)
0.2% less ownership
Funds ownership: 27.12% → 26.92% (-0.2%)
3% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 35
4% less funds holding
Funds holding: 94 → 90 (-4)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.15M |
| 2 |
Millennium Management
New York
|
+$1.02M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$813K |
| 4 |
CM
CM Management
Gulf Breeze,
Florida
|
+$410K |
| 5 |
Morgan Stanley
New York
|
+$314K |
Top Sellers
| 1 |
VFA
Valeo Financial Advisors
Carmel,
Indiana
|
-$1.19M |
| 2 |
BlackRock
New York
|
-$1.01M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$872K |
| 4 |
NYLIM
New York Life Investment Management
New York
|
-$517K |
| 5 |
VC
Vestor Capital
Chicago,
Illinois
|
-$340K |
RBCAA Hedge Fund Activity: Q1 2023 in Review
90 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Republic Bancorp (RBCAA) for Q1 2023, worth a combined $201M — up 26% from $160M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RBCAA and 3 opened new positions — a net loss of 2 holders — while 35 trimmed existing stakes and 34 added.
The largest buyer was Bank of America, adding an estimated $1.15M. The largest seller was Valeo Financial Advisors, cutting an estimated $1.19M.
- 90 institutional investors held Republic Bancorp (RBCAA) as of Q1 2023, down from 94 in Q4 2022.
- Funds reported $201M of Republic Bancorp stock for Q1 2023, up 26% quarter-over-quarter.
- 3 funds opened new Republic Bancorp positions in Q1 2023 and 5 closed out, a net change of -2 holders.
- The largest Republic Bancorp buyer in Q1 2023 was Bank of America, an estimated $1.15M added.
- The largest Republic Bancorp seller in Q1 2023 was Valeo Financial Advisors, an estimated $1.19M sold.
Based on aggregated 13F filings for Q1 2023.