FIRST REPUBLIC INVESTMENT MANAGEMENT, INC.

CIK

1418204

Location

San Francisco, CA

Portfolio Value

Large $26,814,189,449

Diversification

Diversified

Filing Date

Global Rank

#174 / 6,968 ▲ 147 · as of Sep 2023

Top Industry

Semiconductors 7.5%

3Y Alpha vs SPY

+3.6%

Period ended 2 years ago

Filed Nov 8, 2023 · 2y

15 quarters · since Mar 2020

Clone Performance

Sep 2023–Apr 2024 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+15.7%

SPY

+13.7%

Annualised alpha

+3.6%

Max drawdown

−7.3%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Captured split ratios restate closes onto one basis; only an unusable ratio can exclude earlier closes for that listing. It tracks 100% of reported value on average across 2 quarters.FIRST REPUBLIC INVESTMENT MANAGEMENT, INC. has stopped filing, so the simulation ends in Apr 2024 — where its last reported portfolio went stale — rather than trading that portfolio forward to today. Past performance does not predict future results.

Portfolio Concentration

1,241 tracked positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023

Top Position

5.4%

−4.9 pts

Top 5

20.5%

−4.7 pts

Top 10

29.3%

−9.6 pts

HHI

142

Diversified−102

Portfolio Trend

15 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2023

Sector	% Portfolio	Value	Positions
Technology	26.4%	$7,087,446,123	188
Healthcare	12.3%	$3,285,026,359	138
Financial Services	11.4%	$3,047,411,716	201
Consumer Cyclical	9.2%	$2,457,325,873	141
Industrials	8.6%	$2,308,940,148	166
Unclassified	8.4%	$2,242,988,445	74
Energy	7.2%	$1,917,326,533	58
Communication Services	5.6%	$1,505,967,026	46
Consumer Defensive	5.2%	$1,385,082,556	52
Real Estate	2.6%	$709,879,594	86
Basic Materials	2.2%	$600,601,202	50
Utilities	1.0%	$266,193,874	41

Last Quarter's Activity

Export CSV

Sep 30, 2023 vs Jun 30, 2023

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
STWD	Starwood Property Trust, Inc.	+1,349,284	2,941,284	$56,913,845
KKR	KKR & Co. Inc.	+728,475	854,226	$52,620,321
ARES	Ares Management Corp	+698,246	1,464,266	$150,629,043
CCJ	Cameco Corp	+650,436	670,042	$26,560,464
NVO	Novo Nordisk A S	+511,680	1,006,740	$91,552,935
FCX	Freeport-Mcmoran Inc	+266,125	336,802	$12,559,346
ESRT	Empire State Realty Trust, Inc.	+260,840	300,970	$2,419,798
CPA	Copa Holdings, S.A.	+254,345	261,319	$23,288,749
OKE	Oneok Inc /New/	+191,301	1,832,710	$116,248,795
NU	Nu Holdings Ltd.	+187,825	375,342	$2,721,229
—		+170,208	442,882	$0
MRVL	Marvell Technology, Inc.	+140,676	792,479	$42,896,888
CRWD	CrowdStrike Holdings, Inc.	+112,479	297,275	$49,757,889
UBER	Uber Technologies, Inc	+95,316	1,509,335	$69,414,316
RYN	Rayonier Inc	+91,141	228,879	$6,513,896
EPD	Enterprise Products Partners L.P.	+87,535	812,489	$22,237,823
PAA	Plains All American Pipeline LP	+87,373	144,764	$2,217,784
COF	Capital One Financial Corp	+50,296	204,822	$19,877,975
WMB	Williams Companies, Inc.	+49,689	3,269,236	$110,140,560
PCOR	Procore Technologies, Inc.	+48,626	75,635	$4,940,478
SRE	Sempra	+46,384	117,263	$7,977,401
CAG	Conagra Brands Inc.	+44,212	99,605	$2,731,169
PCG	PG&E Corp	+42,976	108,100	$1,743,653
CPRT	Copart Inc	+41,074	82,760	$3,566,128
CWI	State Street SPDR MSCI ACWI ex-US ETF	+39,235	188,635	$4,695,125
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
RMBS	Rambus Inc	−678,275	4,643	$259,032
PFE	Pfizer Inc	−610,207	3,406,550	$112,995,263
CCI	Crown Castle Inc.	−609,749	504,532	$46,432,079
BIPH	Brookfield Infrastructure Partners L.P.	−557,373	28,663	$478,385
—		−375,703	120,845	$0
RTX	RTX Corp	−374,486	1,494,708	$107,574,134
VEA	Vanguard FTSE Developed Markets ETF	−336,073	6,683,908	$292,220,457
MRK	Merck & Co., Inc.	−334,740	3,062,384	$315,272,432
ARE	Alexandria Real Estate Equities, Inc.	−331,690	102,345	$10,244,734
VIG	Vanguard Dividend Appreciation ETF	−282,895	1,952,910	$303,443,155
AMCR	Amcor plc	−228,002	289,641	$2,653,111
SOFI	SoFi Technologies, Inc.	−221,252	105,335	$841,626
EXR	Extra Space Storage Inc.	−204,862	292,219	$35,527,986
SPY	Spdr S&P 500 ETF Trust	−199,924	2,232,889	$954,515,389
VTRS	Viatris Inc	−173,184	40,417	$398,511
ET	Energy Transfer LP	−160,490	736,012	$10,326,248
ABT	Abbott Laboratories	−155,227	1,644,689	$159,288,129
SLRC	SLR Investment Corp.	−154,208	123,856	$1,906,143
VEU	Vanguard FTSE All-World Ex-US ETF	−150,470	746,124	$38,701,451
BMY	Bristol Myers Squibb Co	−140,345	433,312	$25,149,428
QQQ	Invesco Qqq Trust, Series 1	−127,983	1,102,727	$395,074,002
CFG	Citizens Financial Group Inc/Ri	−124,982	127,159	$3,407,861
SYY	Sysco Corp	−120,109	812,140	$53,641,847
ABBV	AbbVie Inc.	−115,354	2,228,037	$332,111,195
VLO	Valero Energy Corp/Tx	−113,249	143,511	$20,336,943
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AAPL	Apple Inc.	8,488,091	$1,453,246,060
MSFT	Microsoft Corp	4,566,099	$1,441,745,759
GOOGL	Alphabet Inc.	6,960,189	$912,900,980
NVDA	Nvidia Corp	1,674,849	$728,542,566
AMZN	Amazon Com Inc	4,799,700	$610,137,864
AVGO	Broadcom Inc.	674,906	$560,563,425
LLY	ELI LILLY & Co	811,230	$435,735,969
V	Visa Inc.	1,557,972	$358,349,139
CVX	Chevron Corp	2,068,493	$348,789,289
ETN	Eaton Corp plc	1,596,494	$340,500,240
PEP	Pepsico Inc	1,942,747	$329,179,051
XOM	ExxonMobil Holdings Corp	2,513,311	$295,515,107
JPM	Jpmorgan Chase & Co	1,745,109	$253,075,707
PG	PROCTER & GAMBLE Co	1,689,373	$246,411,945
ABNB	Airbnb, Inc.	1,715,164	$235,337,652
MS	Morgan Stanley	2,737,798	$223,595,962
HD	Home Depot, Inc.	685,763	$207,210,148
META	Meta Platforms, Inc.	665,709	$199,852,498
TXN	Texas Instruments Inc	1,233,476	$196,135,018
MCD	Mcdonalds Corp	729,444	$192,164,727
BX	Blackstone Inc.	1,781,964	$190,919,622
PLD	Prologis, Inc.	1,650,159	$185,164,341
CSCO	Cisco Systems, Inc.	3,333,468	$179,207,239
DHR	Danaher Corp /De/	720,879	$178,850,072
ISRG	Intuitive Surgical Inc	611,265	$178,666,646
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
RILY	BRC Group Holdings, Inc.	158,670	$7,295,646
IRDM	Iridium Communications Inc.	88,532	$5,499,607
SGHT	Sight Sciences, Inc.	551,802	$4,568,920
RRR	Red Rock Resorts, Inc.	44,167	$2,066,132
NXST	Nexstar Media Group, Inc.	12,334	$2,054,227
KNF	Knife River Corp	30,626	$1,332,231
SIMO	Silicon Motion Technology CORP	12,407	$891,567
TRC	Tejon Ranch Co	50,000	$860,500
ALDX	Aldeyra Therapeutics, Inc.	100,111	$839,931
HE	Hawaiian Electric Industries Inc	21,448	$776,417
RCKT	Rocket Pharmaceuticals, Inc.	36,530	$725,851
AROW	Arrow Financial Corp	30,808	$620,473
AGRO	Adecoagro S.A.	64,000	$599,040
BILL	BILL Holdings, Inc.	4,081	$476,864
BCSF	Bain Capital Specialty Finance, Inc.	33,450	$451,909
THRM	Gentherm Inc	6,312	$356,691
PHR	Phreesia, Inc.	11,473	$355,777
QDEL	QuidelOrtho Corp	4,281	$354,723
WTRG	Essential Utilities, Inc.	8,836	$352,644
—		19,354	$348,759
TSEM	Tower Semiconductor Ltd	8,787	$329,688
CRI	Carters Inc	4,525	$328,515
NSP	Insperity, Inc.	2,730	$324,760
GRMN	Garmin Ltd	2,976	$310,367
TMDX	TransMedics Group, Inc.	3,660	$307,366
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,241 tracked positions · $26,814,189,449 total · filing declares 1,710 positions · $35,010,290,265 · as of Sep 30, 2023

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 1,241 positions by value · page 1 of 25

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	NEW	8,488,091	NEW	$1,453,246,060	NEW	5.42%
MSFT	Microsoft Corp Technology	NEW	4,566,099	NEW	$1,441,745,759	NEW	5.38%
SPY	Spdr S&P 500 ETF Trust	Reduced	2,232,889	-199,924	$954,515,389	−11.5%	3.56%
GOOGL	Alphabet Inc. Communication Services	NEW	6,960,189	NEW	$912,900,980	NEW	3.40%
NVDA	Nvidia Corp Technology	NEW	1,674,849	NEW	$728,542,566	NEW	2.72%
AMZN	Amazon Com Inc Consumer Cyclical	NEW	4,799,700	NEW	$610,137,864	NEW	2.28%
AVGO	Broadcom Inc. Technology	NEW	674,906	NEW	$560,563,425	NEW	2.09%
LLY	ELI LILLY & Co Healthcare	NEW	811,230	NEW	$435,735,969	NEW	1.63%
QQQ	Invesco Qqq Trust, Series 1	Reduced	1,102,727	-127,983	$395,074,002	−13.1%	1.47%
V	Visa Inc. Financial Services	NEW	1,557,972	NEW	$358,349,139	NEW	1.34%
CVX	Chevron Corp Energy	NEW	2,068,493	NEW	$348,789,289	NEW	1.30%
ETN	Eaton Corp plc Industrials	NEW	1,596,494	NEW	$340,500,240	NEW	1.27%
ABBV	AbbVie Inc. Healthcare	Reduced	2,228,037	-115,354	$332,111,195	+5.2%	1.24%
PEP	Pepsico Inc Consumer Defensive	NEW	1,942,747	NEW	$329,179,051	NEW	1.23%
UNH	Unitedhealth Group Inc Healthcare	Reduced	652,239	-50,580	$328,852,381	−2.6%	1.23%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	842,246	-76,852	$322,657,362	−6.6%	1.20%
MRK	Merck & Co., Inc. Healthcare	Reduced	3,062,384	-334,740	$315,272,432	−19.6%	1.18%
VIG	Vanguard Dividend Appreciation ETF	Reduced	1,952,910	-282,895	$303,443,155	−16.4%	1.13%
XOM	ExxonMobil Holdings Corp Energy	NEW	2,513,311	NEW	$295,515,107	NEW	1.10%
VEA	Vanguard FTSE Developed Markets ETF	Reduced	6,683,908	-336,073	$292,220,457	−9.9%	1.09%
JPM	Jpmorgan Chase & Co Financial Services	NEW	1,745,109	NEW	$253,075,707	NEW	0.94%
PG	PROCTER & GAMBLE Co Consumer Defensive	NEW	1,689,373	NEW	$246,411,945	NEW	0.92%
ABNB	Airbnb, Inc. Consumer Cyclical	NEW	1,715,164	NEW	$235,337,652	NEW	0.88%
MS	Morgan Stanley Financial Services	NEW	2,737,798	NEW	$223,595,962	NEW	0.83%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	390,646	-29,075	$220,699,364	−2.3%	0.82%
HD	Home Depot, Inc. Consumer Cyclical	NEW	685,763	NEW	$207,210,148	NEW	0.77%
META	Meta Platforms, Inc. Communication Services	NEW	665,709	NEW	$199,852,498	NEW	0.75%
TXN	Texas Instruments Inc Technology	NEW	1,233,476	NEW	$196,135,018	NEW	0.73%
MCD	Mcdonalds Corp Consumer Cyclical	NEW	729,444	NEW	$192,164,727	NEW	0.72%
HON	Honeywell International Inc Industrials	Reduced	1,038,180	-43,596	$191,793,345	−14.6%	0.72%
BX	Blackstone Inc. Financial Services	NEW	1,781,964	NEW	$190,919,622	NEW	0.71%
PLD	Prologis, Inc. Real Estate	NEW	1,650,159	NEW	$185,164,341	NEW	0.69%
CSCO	Cisco Systems, Inc. Technology	NEW	3,333,468	NEW	$179,207,239	NEW	0.67%
DHR	Danaher Corp /De/ Healthcare	NEW	720,879	NEW	$178,850,072	NEW	0.67%
ISRG	Intuitive Surgical Inc Healthcare	NEW	611,265	NEW	$178,666,646	NEW	0.67%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	350,667	-34,919	$177,497,115	−11.8%	0.66%
LIN	Linde PLC Basic Materials	NEW	452,898	NEW	$168,636,570	NEW	0.63%
BAC	Bank Of America Corp /De/ Financial Services	NEW	6,158,162	NEW	$168,610,475	NEW	0.63%
CB	Chubb Ltd Financial Services	Reduced	769,990	-64,554	$160,296,518	−0.3%	0.60%
ABT	Abbott Laboratories Healthcare	Reduced	1,644,689	-155,227	$159,288,129	−18.8%	0.59%
MA	Mastercard Inc Financial Services	NEW	400,415	NEW	$158,528,302	NEW	0.59%
LMT	Lockheed Martin Corp Industrials	Reduced	375,715	-34,655	$153,652,406	−18.7%	0.57%
ARES	Ares Management Corp Financial Services	Added	1,464,266	+698,246	$150,629,043	+104.1%	0.56%
UNP	Union Pacific Corp Industrials	NEW	726,257	NEW	$147,887,712	NEW	0.55%
SBUX	Starbucks Corp Consumer Cyclical	NEW	1,611,976	NEW	$147,125,049	NEW	0.55%
LOW	Lowes Companies Inc Consumer Cyclical	NEW	695,393	NEW	$144,530,481	NEW	0.54%
NOW	ServiceNow, Inc. Technology	NEW	241,655	NEW	$135,075,478	NEW	0.50%
ADBE	Adobe Inc. Technology	NEW	256,896	NEW	$130,991,270	NEW	0.49%
DIS	Walt Disney Co Communication Services	NEW	1,584,532	NEW	$128,426,318	NEW	0.48%
AMGN	Amgen Inc Healthcare	NEW	477,841	NEW	$128,424,547	NEW	0.48%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.