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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
NMVA
101
New Mountain Vantage Advisers
New York
$38.8M -$114K -3,856 -0.3%
EWM
102
Evercore Wealth Management
New York
$38.1M +$1.35M +45,448 +4%
New York State Teachers Retirement System (NYSTRS)
103
New York State Teachers Retirement System (NYSTRS)
New York
$38M -$940K -31,700 -2%
Asset Management One
104
Asset Management One
Japan
$37.8M -$911K -30,744 -2%
BCIM
105
British Columbia Investment Management
British Columbia, Canada
$37.8M +$20.8M +702,076 +124%
Adage Capital Partners
106
Adage Capital Partners
Massachusetts
$37.5M -$21.7M -732,258 -37%
Millennium Management
107
Millennium Management
New York
$36.4M -$38.9M -1,312,265 -52%
SC
108
Sculptor Capital
New York
$35.6M -$41.1M -1,386,426 -54%
Principal Financial Group
109
Principal Financial Group
Iowa
$35.6M -$732K -24,700 -2%
Franklin Resources
110
Franklin Resources
California
$35.5M -$24.6M -830,844 -41%
State Board of Administration of Florida Retirement System
111
State Board of Administration of Florida Retirement System
Florida
$34.3M +$8.69K +293 +0%
Hotchkis & Wiley Capital Management
112
Hotchkis & Wiley Capital Management
California
$34.2M +$34M +1,146,600 New
Nomura Holdings
113
Nomura Holdings
Japan
$33.9M +$18.1M +610,788 +116%
HSBC Holdings
114
HSBC Holdings
United Kingdom
$33.8M -$569K -19,181 -2%
First Trust Advisors
115
First Trust Advisors
Illinois
$33.6M +$5.88M +198,502 +21%
RCM
116
Roystone Capital Management
New York
$33.5M +$3.33M +112,200 +11%
BCM
117
Bridgeway Capital Management
Texas
$32.5M +$32.3M +1,088,700 New
GT
118
Glenmede Trust
Pennsylvania
$32.5M
EARNEST Partners
119
EARNEST Partners
Georgia
$32.2M -$785K -26,483 -2%
BNP Paribas Financial Markets
120
BNP Paribas Financial Markets
France
$32.1M -$14.3M -482,620 -31%
CLOS
121
Compagnie Lombard Odier SCmA
Switzerland
$29.6M +$19.4M +655,400 +195%
TRSOTSOK
122
Teachers Retirement System of the State of Kentucky
Kentucky
$29.5M +$10.6M +358,906 +57%
OTPPB
123
Ontario Teachers' Pension Plan Board
Ontario, Canada
$29.4M +$2.49M +83,894 +9%
Aviva
124
Aviva
United Kingdom
$29.3M +$3.36M +113,277 +13%
Korea Investment Corp
125
Korea Investment Corp
South Korea
$29.1M -$8.16M -275,230 -22%

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.