Synchrony
659 hedge funds and large institutions have $13.6B invested in Synchrony in 2023 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 188 increasing their positions, 296 reducing their positions, and 65 closing their positions.
12% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 65
1.28% more ownership
Funds ownership: 92.25% → 93.54% (+1.3%)
1% more funds holding
Funds holding: 652 → 659 (+7)
5% less capital inflows, than outflows
Capital inflows: $1.16B | Capital outflows: $1.22B
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
21% less call options, than puts
Call options by funds: $93.5M | Put options by funds: $119M
36% less repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 296
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$400M |
| 2 |
Man Group
London,
United Kingdom
|
+$93.4M |
| 3 |
AustralianSuper
Melbourne,
Australia
|
+$51.8M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$51.6M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$50.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$93.1M |
| 2 |
Holocene Advisors
New York
|
-$79.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$76.7M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$70.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$60.1M |
SYF Hedge Fund Activity: Q2 2023 in Review
659 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Synchrony (SYF) for Q2 2023, worth a combined $13.6B — up 15% from $11.8B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new SYF positions and 65 closed out — a net gain of 8 holders — while 188 added to existing stakes and 296 trimmed.
The largest buyer was Bank of America, adding an estimated $400M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $93.1M.
- 659 institutional investors held Synchrony (SYF) as of Q2 2023, up from 652 in Q1 2023.
- Funds reported $13.6B of Synchrony stock for Q2 2023, up 15% quarter-over-quarter.
- 73 funds opened new Synchrony positions in Q2 2023 and 65 closed out, a net change of +8 holders.
- The largest Synchrony buyer in Q2 2023 was Bank of America, an estimated $400M added.
- The largest Synchrony seller in Q2 2023 was Manulife (Manufacturers Life Insurance), an estimated $93.1M sold.
Based on aggregated 13F filings for Q2 2023.