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Synchrony

685 hedge funds and large institutions have $18.8B invested in Synchrony in 2019 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 234 increasing their positions, 286 reducing their positions, and 74 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more funds holding in top 10

Funds holding in top 10: 1017 (+7)

33% more call options, than puts

Call options by funds: $174M | Put options by funds: $131M

32% more capital invested

Capital invested by funds: $14.3B → $18.8B (+$4.54B)

24% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 74

2% more funds holding

Funds holding: 674685 (+11)

1.86% less ownership

Funds ownership: 85.45%83.59% (-1.9%)

18% less repeat investments, than reductions

Existing positions increased: 234 | Existing positions reduced: 286

Holders
685
Holders Change
+11
Holders Change %
+1.63%
% of All Funds
14.82%
Holding in Top 10
17
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+70%
% of All Funds
0.37%
New
92
Increased
234
Reduced
286
Closed
74
Calls
$174M
Puts
$131M
Net Calls
+$42.8M
Net Calls Change
+$22.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.72B +$151M +5,013,391 +10%
BlackRock
2
BlackRock
New York
$1.41B -$64.5M -2,145,012 -5%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$1.07B +$18.6M +619,258 +2%
State Street
4
State Street
Massachusetts
$920M -$8.42M -280,036 -1%
Berkshire Hathaway
5
Berkshire Hathaway
Nebraska
$664M
Janus Henderson Group
6
Janus Henderson Group
United Kingdom
$614M +$13.6M +452,123 +2%
BG
7
Baupost Group
Massachusetts
$455M -$8.81M -293,000 -2%
AQR Capital Management
8
AQR Capital Management
Connecticut
$346M +$129M +4,281,422 +65%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$336M +$5.67M +188,552 +2%
AllianceBernstein
10
AllianceBernstein
Tennessee
$322M +$20.2M +671,255 +7%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$310M +$1.63M +54,088 +0.6%
CI Investments Inc
12
CI Investments Inc
Ontario, Canada
$295M -$20.1M -667,959 -7%
APG Asset Management
13
APG Asset Management
Netherlands
$292M +$67.9M +2,256,600 +28%
T. Rowe Price Associates
14
T. Rowe Price Associates
Maryland
$291M -$89.1M -2,962,632 -25%
UBS AM
15
UBS AM
Illinois
$269M -$22.1M -735,177 -8%
Northern Trust
16
Northern Trust
Illinois
$245M +$11.2M +372,055 +5%
Norges Bank
17
Norges Bank
Norway
$228M -$945K -31,416 -0.4%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$227M -$64.1M -2,131,719 -23%
First Eagle Investment Management
19
First Eagle Investment Management
New York
$226M -$238M -7,898,398 -53%
ClearBridge Investments
20
ClearBridge Investments
New York
$226M +$14.1M +469,590 +7%
Goldman Sachs
21
Goldman Sachs
New York
$216M -$24.8M -825,415 -11%
TCIM
22
TIAA CREF Investment Management
New York
$203M +$86.3M +2,868,242 +82%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$194M +$8.98M +298,479 +5%
Artisan Partners
24
Artisan Partners
Wisconsin
$185M -$4.41M -146,637 -2%
Deutsche Bank
25
Deutsche Bank
Germany
$184M +$37.5M +1,247,045 +28%

SYF Hedge Fund Activity: Q1 2019 in Review

685 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Synchrony (SYF) for Q1 2019, worth a combined $18.8B — up 32% from $14.3B a quarter earlier.

Buyers outnumbered sellers: 92 funds opened new SYF positions and 74 closed out — a net gain of 18 holders — while 234 added to existing stakes and 286 trimmed.

The largest buyer was Vanguard Group, adding an estimated $151M. The largest seller was Citadel Advisors, cutting an estimated $398M.

  • 685 institutional investors held Synchrony (SYF) as of Q1 2019, up from 674 in Q4 2018.
  • Funds reported $18.8B of Synchrony stock for Q1 2019, up 32% quarter-over-quarter.
  • 92 funds opened new Synchrony positions in Q1 2019 and 74 closed out, a net change of +18 holders.
  • The largest Synchrony buyer in Q1 2019 was Vanguard Group, an estimated $151M added.
  • The largest Synchrony seller in Q1 2019 was Citadel Advisors, an estimated $398M sold.

Based on aggregated 13F filings for Q1 2019.