Synchrony
584 hedge funds and large institutions have $20.9B invested in Synchrony in 2017 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 252 increasing their positions, 227 reducing their positions, and 101 closing their positions.
36% more call options, than puts
Call options by funds: $550M | Put options by funds: $405M
11% more repeat investments, than reductions
Existing positions increased: 252 | Existing positions reduced: 227
2.21% less ownership
Funds ownership: 88.46% → 86.26% (-2.2%)
8% less funds holding
Funds holding: 636 → 584 (-52)
15% less capital invested
Capital invested by funds: $24.6B → $20.9B (-$3.74B)
46% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 101
50% less funds holding in top 10
Funds holding in top 10: 22 → 11 (-11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$518M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
+$345M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$307M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$233M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$201M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$682M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$117M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$112M |
| 4 |
Bank of New York Mellon
New York
|
-$110M |
| 5 |
TCCM
Two Creeks Capital Management
New York
|
-$104M |
SYF Hedge Fund Activity: Q2 2017 in Review
584 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Synchrony (SYF) for Q2 2017, worth a combined $20.9B — down 15% from $24.6B a quarter earlier.
Sellers outnumbered buyers: 101 funds closed out of SYF and 55 opened new positions — a net loss of 46 holders — while 227 trimmed existing stakes and 252 added.
The largest buyer was Berkshire Hathaway, opening a new position worth an estimated $518M. The largest seller was Wellington Management Group, cutting an estimated $682M.
- 584 institutional investors held Synchrony (SYF) as of Q2 2017, down from 636 in Q1 2017.
- Funds reported $20.9B of Synchrony stock for Q2 2017, down 15% quarter-over-quarter.
- 55 funds opened new Synchrony positions in Q2 2017 and 101 closed out, a net change of -46 holders.
- The largest Synchrony buyer in Q2 2017 was Berkshire Hathaway, an estimated $518M added.
- The largest Synchrony seller in Q2 2017 was Wellington Management Group, an estimated $682M sold.
Based on aggregated 13F filings for Q2 2017.