FIRST REP BK SAN FRANCISCO C FRCB
COM · Common Stock · CUSIP 33616C100 · ISIN US33616C1009
94
institutional holders
-401 vs Q1 2023
3.3m
shares reported held*
$10.7mreported value*
11 new
11 added
38 reduced
408 sold out
net sold ≈ $56.7m (-103.4m shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $3.26. Options: 2 managers hold calls ($471.4k notional), 3 hold puts ($1.7m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 727 |
| Q4 2022 | 724 |
| Q1 2023 | 495 |
| Q2 2023 | 94 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 376 | 324 |
| Q1 2023 | 289 | 505 |
| Q2 2023 | 22 | 446 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $18.5m | $18.1m | 0.98 |
| Q4 2022 | $39.2m | $29.7m | 0.76 |
| Q1 2023 | $262.7m | $388.6m | 1.48 |
| Q2 2023 | $471.4k | $1.7m | 3.70 |
Biggest buyers
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. | Added | +630.5k |
| SIMPLEX TRADING, LLC | Added | +268.7k |
| COMMERCE BANK | Added | +205.9k |
| JOHNSON INVESTMENT COUNSEL INC | New | +15.9k |
| CREDIT AGRICOLE S A | New | +10.0k |
| Kintegral Advisory, LLC | New | +4.2k |
| FNY Investment Advisers, LLC | New | +3.3k |
| TUCKER ASSET MANAGEMENT LLC | New | +2.8k |
| Castleview Partners, LLC | Added | +1.9k |
| Avior Wealth Management, LLC | Added | +1.6k |
Biggest sellers
| VANGUARD GROUP INC | Sold out | -21.3m |
| BlackRock Inc. | Sold out | -13.3m |
| STATE STREET CORP | Sold out | -9.1m |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -8.1m |
| GEODE CAPITAL MANAGEMENT, LLC | Sold out | -3.8m |
| D. E. Shaw & Co., Inc. | Sold out | -3.2m |
| Qube Research & Technologies Ltd | Sold out | -2.8m |
| Invesco Ltd. | Sold out | -2.3m |
| GOLDMAN SACHS GROUP INC | Sold out | -1.9m |
| MORGAN STANLEY | Sold out | -1.8m |
Biggest calls
| SIMPLEX TRADING, LLC | Reduced | $471.0k857.2k shares |
| Laurel Wealth Advisors LLC | New | $385700 shares |
Biggest puts
| Murchinson Ltd. | Reduced | $930.5k915 shares |
| SIMPLEX TRADING, LLC | New | $812.0k1.5m shares |
| FNY Investment Advisers, LLC | Reduced | $043 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. 0.04% of their portfolio | 920.2k $506.1k | Added +630.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 666.3k $9.3m | Unchanged |
| Douglas Lane & Associates, LLC 0.00% of their portfolio | 317.0k $174.3k | Reduced -320.2k |
| Rathbones Group PLC 0.00% of their portfolio | 311.8k $171.5k | Reduced -19.1k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 270.6k $148.0k | Added +268.7k |
| COMMERCE BANK 0.00% of their portfolio | 224.4k $123.4k | Added +205.9k |
| BARCLAYS PLC 0.00% of their portfolio | 93.3k $51.3k | Reduced -425.6k |
| California Public Employees Retirement System 0.00% of their portfolio | 65.6k $7 | Reduced -181.9k |
| KBC Group NV 0.00% of their portfolio | 63.7k $35.0k | Reduced -11.3k |
| COMERICA BANK 0.00% of their portfolio | 62.1k $33 | First filing |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 56.9k $31.3k | First filing |
| Parallel Advisors, LLC 0.00% of their portfolio | 28.9k $15.9k | Reduced -6.1k |
| BI Asset Management Fondsmaeglerselskab A/S 0.00% of their portfolio | 28.4k $16.0k | Reduced -3.0k |
| JOHNSON INVESTMENT COUNSEL INC 0.00% of their portfolio | 15.9k $8.8k | New |
| GRACE & WHITE INC /NY 0.00% of their portfolio | 15.0k $8.2k | Reduced -35.0k |
| Skandinaviska Enskilda Banken AB (publ) 0.00% of their portfolio | 15.0k $8.0k | Unchanged |
| SHELL ASSET MANAGEMENT CO 0.00% of their portfolio | 13.0k $7.0k | Reduced -3.9k |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 12.5k $9.0k | Reduced -15.5k |
| Quantinno Capital Management LP 0.00% of their portfolio | 12.1k $7.0k | Reduced -13.2k |
| Highlander Capital Management, LLC 0.00% of their portfolio | 11.5k $6.0k | Reduced -2.5k |
| CREDIT AGRICOLE S A 0.00% of their portfolio | 10.0k $5.5k | New |
| Baker Avenue Asset Management, LP 0.00% of their portfolio | 8.4k $4.6k | Reduced -25 |
| E. Ohman J:or Asset Management AB 0.00% of their portfolio | 8.3k $0 | Unchanged |
| Lindbrook Capital, LLC 0.00% of their portfolio | 7.9k $4.4k | Reduced -14.0k |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 5.8k $3.2k | Reduced -259 |
| Kintegral Advisory, LLC 0.00% of their portfolio | 4.2k $2.3k | New |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 3.4k $1.9k | Reduced -5.1k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.00% of their portfolio | 3.4k $2.0k | Reduced -13.9k |
| FNY Investment Advisers, LLC 0.00% of their portfolio | 3.3k $1.0k | New |
| Castleview Partners, LLC 0.00% of their portfolio | 2.9k $1.6k | Added +1.9k |
| TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio | 2.8k $1.5k | New |
| Karani Asset Management LLC 0.00% of their portfolio | 2.7k $1.5k | Reduced -40.6k |
| Vigilant Capital Management, LLC 0.00% of their portfolio | 2.5k $1.0k | Unchanged |
| BESSEMER GROUP INC 0.00% of their portfolio | 2.3k $1.0k | Added +1.4k |
| Banque Cantonale Vaudoise 0.00% of their portfolio | 2.0k $1.0k | Unchanged |
| NFSG Corp 0.00% of their portfolio | 1.9k $1.0k | Reduced -600 |
| JDM Financial Group LLC 0.00% of their portfolio | 1.8k $996 | Unchanged |
| Avior Wealth Management, LLC 0.00% of their portfolio | 1.6k $894 | Added +1.6k |
| AM Squared Ltd 0.00% of their portfolio | 1.6k $880 | Unchanged |
| HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio | 1.6k $474 | Unchanged |
| CALDWELL SUTTER CAPITAL, INC. 0.00% of their portfolio | 1.2k $675 | Reduced -1.6k |
| HANTZ FINANCIAL SERVICES, INC. 0.00% of their portfolio | 1.1k $1.0k | Reduced -212 |
| TrinityBridge Ltd 0.00% of their portfolio | 900 $0 | Unchanged |
| MOTCO 0.00% of their portfolio | 745 $410 | Unchanged |
| Blue Trust, Inc. 0.00% of their portfolio | 725 $10.0k | Added +592 |
| Fairfield Financial Advisors, LTD 0.00% of their portfolio | 606 $334 | Reduced -1.6k |
| ATLAS CAPITAL ADVISORS INC. 0.00% of their portfolio | 600 $330 | Unchanged |
| IFP Advisors, Inc 0.00% of their portfolio | 590 $30.1k | Added +564 |
| Quintet Private Bank (Europe) S.A. 0.00% of their portfolio | 519 $301 | Reduced -1.3k |
| CAMBRIDGE TRUST CO 0.00% of their portfolio | 483 $266 | Unchanged |
| AlphaMark Advisors, LLC 0.00% of their portfolio | 400 $0 | New |
| Horizon Investments, LLC 0.00% of their portfolio | 387 $213 | Reduced -2.2k |
| Carmel Capital Partners, LLC 0.00% of their portfolio | 385 $212 | Added +298 |
| Financial Connections Group, Inc. 0.00% of their portfolio | 327 $0 | Unchanged |
| Westside Investment Management, Inc. 0.00% of their portfolio | 300 $174 | Reduced -400 |
| Asset Dedication, LLC 0.00% of their portfolio | 273 $0 | Unchanged |
| Hexagon Capital Partners LLC 0.00% of their portfolio | 270 $149 | Unchanged |
| CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio | 250 $138 | New |
| Ancora Advisors LLC 0.00% of their portfolio | 220 $121 | Reduced -391 |
| Register Financial Advisors LLC 0.00% of their portfolio | 200 $110 | Unchanged |
| SUMMIT SECURITIES GROUP LLC 0.00% of their portfolio | 181 $0 | Reduced -184 |
| Sugarloaf Wealth Management, LLC 0.00% of their portfolio | 178 $98 | Added +118 |
| Quent Capital, LLC 0.00% of their portfolio | 174 $96 | Reduced -8.0k |
| Cullen/Frost Bankers, Inc. 0.00% of their portfolio | 166 $91 | Added +42 |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 158 $87 | Reduced -8.3k |
| Plante Moran Financial Advisors, LLC 0.00% of their portfolio | 153 $84 | Unchanged |
| Smithfield Trust Co 0.00% of their portfolio | 150 $0 | Unchanged |
| Sandy Spring Bank 0.00% of their portfolio | 150 $83 | Reduced -315 |
| North Star Investment Management Corp. 0.00% of their portfolio | 100 $55 | New |
| HARBOR INVESTMENT ADVISORY, LLC 0.00% of their portfolio | 100 $55 | Unchanged |
| Pinnacle Bancorp, Inc. 0.00% of their portfolio | 100 $55 | Unchanged |
| Bartlett & Co. LLC 0.00% of their portfolio | 91 $0 | Unchanged |
| BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio | 91 $50 | Unchanged |
| ST GERMAIN D J CO INC 0.00% of their portfolio | 86 $47 | First filing |
| Mariner Managed Account Solutions, LLC 0.00% of their portfolio | 80 $44 | Reduced -26 |
| Grayhawk Investment Strategies Inc. 0.00% of their portfolio | 74 $41 | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 66 $37 | Reduced -8 |
| Bay Harbor Wealth Management, LLC 0.00% of their portfolio | 65 $35 | Unchanged |
| EARNEST PARTNERS LLC 0.00% of their portfolio | 62 $34 | Unchanged |
| Laurel Wealth Advisors LLC 0.00% of their portfolio | 60 $33 | Unchanged |
| Stonebridge Capital Advisors LLC 0.00% of their portfolio | 48 $26 | New |
| Mascoma Wealth Management LLC 0.00% of their portfolio | 32 $10 | Unchanged |
| Grove Bank & Trust 0.00% of their portfolio | 24 $13 | Unchanged |
| Archer Investment Corp 0.00% of their portfolio | 21 $12 | Unchanged |
| NewSquare Capital LLC 0.00% of their portfolio | 20 $11 | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 15 $8 | Reduced -79 |
| Cornerstone Planning Group LLC 0.00% of their portfolio | 15 $8 | First filing |
| Horan Securities, Inc. 0.00% of their portfolio | 12 $6 | Reduced -11 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 6 $3 | Reduced -305.2k |
| Financial Gravity Asset Management, Inc. 0.00% of their portfolio | 1 $7 | Reduced -13 |
| SOA Wealth Advisors, LLC. 0.00% of their portfolio | 1 $1 | Reduced -275 |
| Eagle Bay Advisors LLC 0.00% of their portfolio | 1 $0 | Reduced -61 |
| Fiduciary Alliance LLC 0.00% of their portfolio | 0 $0 | New |
| ORG Partners LLC 0.00% of their portfolio | 0 $0 | New |