First Quarter 2023 Investment Update

TUESDAY, APRIL 11 2023

1:30 PM TO 2:30 PM PST

During our first quarter 2023 investment update, Ensemble Capital’s Chief Investment Officer Sean Stannard-Stockton addresses First Republic Bank (FRC) and the broader impact of the banking crisis on the economy and financial markets. He also outlines our outlook for our strategy over the balance of 2023 and into 2024 and the economic drivers of why over half our total holdings were up this quarter. Please read important disclosures here.

Download our Ensemble Capital letter here:

ENSEMBLE CAPITAL LETTER FIRST QUARTER 2023