Fifth Third Bancorp
FITB
975 hedge funds and large institutions have $24.3B invested in Fifth Third Bancorp in 2024 Q3 according to their latest regulatory filings, with 112 funds opening new positions, 328 increasing their positions, 357 reducing their positions, and 64 closing their positions.
75% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 64
15% more capital invested
Capital invested by funds: $21.2B → $24.3B (+$3.11B)
4% more funds holding
Funds holding: 936 → 975 (+39)
4% more call options, than puts
Call options by funds: $206M | Put options by funds: $199M
8% less repeat investments, than reductions
Existing positions increased: 328 | Existing positions reduced: 357
1.1% less ownership
Funds ownership: 84.79% → 83.69% (-1.1%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$79.4M |
| 2 |
Goldman Sachs
New York
|
+$54.9M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$33.2M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$30.8M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$285M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$227M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$101M |
| 4 |
CF
Canoe Financial
Calgary,
Alberta, Canada
|
-$41.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$40.8M |
FITB Hedge Fund Activity: Q3 2024 in Review
975 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Fifth Third Bancorp (FITB) for Q3 2024, worth a combined $24.3B — up 15% from $21.2B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new FITB positions and 64 closed out — a net gain of 48 holders — while 328 added to existing stakes and 357 trimmed.
The largest buyer was Millennium Management, adding an estimated $79.4M. The largest seller was T. Rowe Price Associates, cutting an estimated $285M.
- 975 institutional investors held Fifth Third Bancorp (FITB) as of Q3 2024, up from 936 in Q2 2024.
- Funds reported $24.3B of Fifth Third Bancorp stock for Q3 2024, up 15% quarter-over-quarter.
- 112 funds opened new Fifth Third Bancorp positions in Q3 2024 and 64 closed out, a net change of +48 holders.
- The largest Fifth Third Bancorp buyer in Q3 2024 was Millennium Management, an estimated $79.4M added.
- The largest Fifth Third Bancorp seller in Q3 2024 was T. Rowe Price Associates, an estimated $285M sold.
Based on aggregated 13F filings for Q3 2024.