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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
HIMC
151
Heritage Investors Management Corp
Maryland
$15.8M +$1.5M +50,536 +11%
HCM
152
Herndon Capital Management
Georgia
$15.8M -$1.09M -36,690 -6%
ERSOT
153
Employees Retirement System of Texas
Texas
$15.7M -$2.96M -100,000 -16%
KBC Group
154
KBC Group
Belgium
$15M -$1.32M -44,652 -8%
Lord, Abbett & Co
155
Lord, Abbett & Co
New Jersey
$14.7M +$3.06M +103,300 +27%
ACA
156
Anchor Capital Advisors
Massachusetts
$14.4M -$20M -674,859 -58%
DADC
157
D.A. Davidson & Co
Montana
$13.8M +$9.83M +331,480 +251%
FPCG
158
Fort Pitt Capital Group
Pennsylvania
$13.5M -$248K -8,381 -2%
Calamos Advisors
159
Calamos Advisors
Illinois
$13.5M -$10.9M -368,643 -45%
Handelsbanken Fonder
160
Handelsbanken Fonder
Sweden
$13.4M +$4.45M +150,000 +50%
AGA
161
Altrinsic Global Advisors
Connecticut
$13.2M -$3.73M -125,725 -22%
ACI
162
AMP Capital Investors
Australia
$12.8M -$1.77M -59,567 -12%
VWM
163
Valley Wealth Managers
New Jersey
$12.8M +$784K +26,461 +7%
MCM
164
Moore Capital Management
New York
$12.7M -$1.58M -53,160 -11%
RJFSA
165
Raymond James Financial Services Advisors
Florida
$12.2M +$1.65M +55,662 +16%
RAM
166
RWC Asset Management
United Kingdom
$12M +$1.18M +39,857 +11%
Ninety One (UK)
167
Ninety One (UK)
United Kingdom
$11.9M +$11.8M +399,639 New
VSI
168
Verde Servicos Internacionais
Brazil
$11.8M +$547K +18,464 +5%
WT
169
Whittier Trust
California
$11.3M +$132K +4,455 +1%
MLICM
170
Metropolitan Life Insurance Company (MetLife)
New York
$11.2M -$316K -10,676 -3%
Retirement Systems of Alabama
171
Retirement Systems of Alabama
Alabama
$11.1M +$33.7K +1,136 +0.3%
PAMU
172
Pictet Asset Management (UK)
United Kingdom
$11M -$436K -14,700 -3%
HCMT
173
Highland Capital Management (Tennessee)
Tennessee
$11M +$26.9K +908 +0.2%
HCM
174
Highbridge Capital Management
New York
$10.9M -$3.89M -131,197 -26%
Ohio Public Employees Retirement System (OPERS)
175
Ohio Public Employees Retirement System (OPERS)
Ohio
$10.5M -$771K -26,013 -7%

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.