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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.

New
Increased
Maintained
Reduced
Closed

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: 636584 (-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: 2211 (-11)

Holders
584
Holders Change
-52
Holders Change %
-8.18%
% of All Funds
14.56%
Holding in Top 10
11
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-50%
% of All Funds
0.27%
New
55
Increased
252
Reduced
227
Closed
101
Calls
$550M
Puts
$405M
Net Calls
+$145M
Net Calls Change
-$31.1M
Name Holding Trade Value Shares
Change
Change in
Stake
CGI
26
CI Global Investments
California
$174M +$58.1M +1,959,797 +51%
TCP
27
Tourbillon Capital Partners
New York
$167M -$33.7M -1,136,741 -17%
Morgan Stanley
28
Morgan Stanley
New York
$146M -$63.9M -2,157,161 -31%
D.E. Shaw & Co
29
D.E. Shaw & Co
New York
$144M -$80.7M -2,723,057 -36%
Dimensional Fund Advisors
30
Dimensional Fund Advisors
Texas
$144M -$426K -14,381 -0.3%
Bank of Montreal
31
Bank of Montreal
Ontario, Canada
$131M -$18.8M -633,355 -13%
Deutsche Bank
32
Deutsche Bank
Germany
$126M +$30.3M +1,023,393 +32%
VFA
33
Virtus Fund Advisers
Connecticut
$125M +$30.1M +1,014,866 +32%
Legal & General Group
34
Legal & General Group
United Kingdom
$124M +$2.18M +73,589 +2%
VM
35
Valinor Management
New York
$124M +$17.5M +590,475 +17%
Bessemer Group
36
Bessemer Group
New Jersey
$122M +$28.8M +971,403 +31%
CLM
37
ClearBridge LLC (Maryland)
Maryland
$121M +$17.4M +586,043 +17%
Invesco
38
Invesco
Georgia
$117M -$91.6M -3,091,318 -44%
California Public Employees Retirement System
39
California Public Employees Retirement System
California
$112M +$29.1M +980,500 +35%
Bank of America
40
Bank of America
North Carolina
$111M -$67.3M -2,271,024 -38%
APG Asset Management
41
APG Asset Management
Netherlands
$107M +$32M +1,080,200 +43%
PI
42
Putnam Investments
Massachusetts
$102M +$8.92M +300,955 +10%
O
43
OppenheimerFunds
New York
$95.1M -$50.1M -1,689,418 -35%
TG
44
TCW Group
California
$95M +$11M +371,784 +13%
NIMC
45
NWQ Investment Management Company
California
$94.4M +$15.1M +510,011 +19%
Thrivent Financial for Lutherans
46
Thrivent Financial for Lutherans
Minnesota
$93.5M +$137K +4,628 +0.1%
Citadel Advisors
47
Citadel Advisors
Florida
$92.7M -$38.9M -1,310,532 -30%
Renaissance Technologies
48
Renaissance Technologies
New York
$86.6M -$5.78M -194,900 -6%
TA
49
Teachers Advisors
New York
$82.8M -$31.8M -1,073,796 -28%
Charles Schwab
50
Charles Schwab
California
$81M +$6.29M +212,342 +8%

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.