Synchrony
693 hedge funds and large institutions have $21.2B invested in Synchrony in 2018 Q2 according to their latest regulatory filings, with 71 funds opening new positions, 242 increasing their positions, 279 reducing their positions, and 70 closing their positions.
1% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 70
3% less capital invested
Capital invested by funds: $21.9B → $21.2B (-$730M)
1% less funds holding
Funds holding: 700 → 693 (-7)
1.57% less ownership
Funds ownership: 86.17% → 84.61% (-1.6%)
13% less repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 279
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
49% less call options, than puts
Call options by funds: $144M | Put options by funds: $281M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$228M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$136M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$93.5M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$89.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$66.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$437M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$180M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$62.5M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$48.7M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$48.3M |
SYF Hedge Fund Activity: Q2 2018 in Review
693 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Synchrony (SYF) for Q2 2018, worth a combined $21.2B — down 3.3% from $21.9B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new SYF positions and 70 closed out — a net gain of 1 holder — while 242 added to existing stakes and 279 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $228M. The largest seller was T. Rowe Price Associates, cutting an estimated $437M.
- 693 institutional investors held Synchrony (SYF) as of Q2 2018, down from 700 in Q1 2018.
- Funds reported $21.2B of Synchrony stock for Q2 2018, down 3.3% quarter-over-quarter.
- 71 funds opened new Synchrony positions in Q2 2018 and 70 closed out, a net change of +1 holder.
- The largest Synchrony buyer in Q2 2018 was Fidelity Investments, an estimated $228M added.
- The largest Synchrony seller in Q2 2018 was T. Rowe Price Associates, an estimated $437M sold.
Based on aggregated 13F filings for Q2 2018.