Synchrony
673 hedge funds and large institutions have $14.3B invested in Synchrony in 2018 Q4 according to their latest regulatory filings, with 99 funds opening new positions, 195 increasing their positions, 303 reducing their positions, and 89 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
11% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 89
11% more call options, than puts
Call options by funds: $206M | Put options by funds: $186M
2.55% more ownership
Funds ownership: 82.9% → 85.45% (+2.6%)
1% more funds holding
Funds holding: 668 → 673 (+5)
25% less capital invested
Capital invested by funds: $19B → $14.3B (-$4.74B)
36% less repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 303
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$441M |
| 2 |
KSCM
King Street Capital Management
New York
|
+$116M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$115M |
| 4 |
Renaissance Technologies
New York
|
+$79.7M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$70M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$468M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$174M |
| 3 |
TG
TCW Group
Los Angeles,
California
|
-$87.6M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$83.4M |
| 5 |
SCA
Southpoint Capital Advisors
New York
|
-$71.5M |
SYF Hedge Fund Activity: Q4 2018 in Review
673 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Synchrony (SYF) for Q4 2018, worth a combined $14.3B — down 25% from $19B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new SYF positions and 89 closed out — a net gain of 10 holders — while 195 added to existing stakes and 303 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $441M. The largest seller was Fidelity Investments, cutting an estimated $468M.
- 673 institutional investors held Synchrony (SYF) as of Q4 2018, up from 668 in Q3 2018.
- Funds reported $14.3B of Synchrony stock for Q4 2018, down 25% quarter-over-quarter.
- 99 funds opened new Synchrony positions in Q4 2018 and 89 closed out, a net change of +10 holders.
- The largest Synchrony buyer in Q4 2018 was Citadel Advisors, an estimated $441M added.
- The largest Synchrony seller in Q4 2018 was Fidelity Investments, an estimated $468M sold.
Based on aggregated 13F filings for Q4 2018.