Synchrony
612 hedge funds and large institutions have $21B invested in Synchrony in 2017 Q3 according to their latest regulatory filings, with 78 funds opening new positions, 218 increasing their positions, 247 reducing their positions, and 42 closing their positions.
86% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 42
34% more call options, than puts
Call options by funds: $530M | Put options by funds: $395M
5% more funds holding
Funds holding: 584 → 612 (+28)
1% more capital invested
Capital invested by funds: $20.9B → $21B (+$123M)
1.27% less ownership
Funds ownership: 86.26% → 84.98% (-1.3%)
12% less repeat investments, than reductions
Existing positions increased: 218 | Existing positions reduced: 247
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$119M |
| 2 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$99.9M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$68.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$68.2M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$60.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$147M |
| 2 |
JP Morgan Chase
New York
|
-$96.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$89.8M |
| 4 |
Renaissance Technologies
New York
|
-$86.6M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$86.6M |
SYF Hedge Fund Activity: Q3 2017 in Review
612 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Synchrony (SYF) for Q3 2017, worth a combined $21B — up 0.59% from $20.9B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new SYF positions and 42 closed out — a net gain of 36 holders — while 218 added to existing stakes and 247 trimmed.
The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $119M. The largest seller was T. Rowe Price Associates, cutting an estimated $147M.
- 612 institutional investors held Synchrony (SYF) as of Q3 2017, up from 584 in Q2 2017.
- Funds reported $21B of Synchrony stock for Q3 2017, up 0.59% quarter-over-quarter.
- 78 funds opened new Synchrony positions in Q3 2017 and 42 closed out, a net change of +36 holders.
- The largest Synchrony buyer in Q3 2017 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $119M added.
- The largest Synchrony seller in Q3 2017 was T. Rowe Price Associates, an estimated $147M sold.
Based on aggregated 13F filings for Q3 2017.