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Synchrony

675 hedge funds and large institutions have $19.3B invested in Synchrony in 2019 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 224 increasing their positions, 289 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more call options, than puts

Call options by funds: $178M | Put options by funds: $123M

1.24% more ownership

Funds ownership: 84.54%85.77% (+1.2%)

4% less capital invested

Capital invested by funds: $20.1B → $19.3B (-$805M)

2% less funds holding

Funds holding: 690675 (-15)

21% less first-time investments, than exits

New positions opened: 57 | Existing positions closed: 72

22% less repeat investments, than reductions

Existing positions increased: 224 | Existing positions reduced: 289

31% less funds holding in top 10

Funds holding in top 10: 1611 (-5)

Holders
675
Holders Change
-15
Holders Change %
-2.17%
% of All Funds
14.8%
Holding in Top 10
11
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-31.25%
% of All Funds
0.24%
New
57
Increased
224
Reduced
289
Closed
72
Calls
$178M
Puts
$123M
Net Calls
+$54.4M
Net Calls Change
-$6.03M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.83B -$60.7M -1,771,134 -3%
BlackRock
2
BlackRock
New York
$1.45B -$9.61M -280,065 -0.7%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$1.26B +$4.22M +122,970 +0.3%
State Street
4
State Street
Massachusetts
$935M -$33.2M -967,754 -3%
Berkshire Hathaway
5
Berkshire Hathaway
Nebraska
$709M
Janus Henderson Group
6
Janus Henderson Group
United Kingdom
$668M +$29.2M +850,288 +5%
AQR Capital Management
7
AQR Capital Management
Connecticut
$551M +$90.7M +2,645,687 +19%
Goldman Sachs
8
Goldman Sachs
New York
$418M +$27.9M +812,413 +7%
AllianceBernstein
9
AllianceBernstein
Tennessee
$388M +$37.2M +1,085,200 +11%
APG Asset Management
10
APG Asset Management
Netherlands
$375M +$33.6M +979,371 +9%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$363M -$1.7M -49,688 -0.5%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$305M +$4.13M +120,556 +1%
N
13
Nuveen
North Carolina
$279M -$7.08M -206,478 -2%
UBS AM
14
UBS AM
Illinois
$250M -$34.4M -1,003,046 -12%
Northern Trust
15
Northern Trust
Illinois
$246M -$15.1M -440,815 -6%
Norges Bank
16
Norges Bank
Norway
$244M
ClearBridge Investments
17
ClearBridge Investments
New York
$232M -$6.04M -176,021 -3%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$213M +$3.12M +90,952 +1%
Manulife (Manufacturers Life Insurance)
19
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$208M -$19M -553,309 -8%
Arrowstreet Capital
20
Arrowstreet Capital
Massachusetts
$208M +$48M +1,400,787 +30%
Caisse de Depot et Placement du Quebec (CDPQ)
21
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$205M +$17.1M +497,636 +9%
T. Rowe Price Associates
22
T. Rowe Price Associates
Maryland
$199M -$68.2M -1,989,044 -25%
Artisan Partners
23
Artisan Partners
Wisconsin
$188M -$3.07M -89,400 -2%
BG
24
Baupost Group
Massachusetts
$171M -$146M -4,256,576 -46%
Legal & General Group
25
Legal & General Group
United Kingdom
$169M -$5.13M -149,539 -3%

SYF Hedge Fund Activity: Q3 2019 in Review

675 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Synchrony (SYF) for Q3 2019, worth a combined $19.3B — down 4% from $20.1B a quarter earlier.

Sellers outnumbered buyers: 72 funds closed out of SYF and 57 opened new positions — a net loss of 15 holders — while 289 trimmed existing stakes and 224 added.

The largest buyer was Ameriprise, adding an estimated $110M. The largest seller was Baupost Group, cutting an estimated $146M.

  • 675 institutional investors held Synchrony (SYF) as of Q3 2019, down from 690 in Q2 2019.
  • Funds reported $19.3B of Synchrony stock for Q3 2019, down 4% quarter-over-quarter.
  • 57 funds opened new Synchrony positions in Q3 2019 and 72 closed out, a net change of -15 holders.
  • The largest Synchrony buyer in Q3 2019 was Ameriprise, an estimated $110M added.
  • The largest Synchrony seller in Q3 2019 was Baupost Group, an estimated $146M sold.

Based on aggregated 13F filings for Q3 2019.