Synchrony
711 hedge funds and large institutions have $16.9B invested in Synchrony in 2024 Q1 according to their latest regulatory filings, with 99 funds opening new positions, 261 increasing their positions, 244 reducing their positions, and 55 closing their positions.
80% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 55
11% more capital invested
Capital invested by funds: $15.2B → $16.9B (+$1.7B)
6% more funds holding
Funds holding: 673 → 711 (+38)
7% more repeat investments, than reductions
Existing positions increased: 261 | Existing positions reduced: 244
0.43% more ownership
Funds ownership: 96.01% → 96.44% (+0.43%)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
34% less call options, than puts
Call options by funds: $187M | Put options by funds: $283M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$203M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$101M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$81.7M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$45.5M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$44.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$203M |
| 2 |
BlackRock
New York
|
-$188M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$86.9M |
| 4 |
Goldman Sachs
New York
|
-$82.6M |
| 5 |
SCA
Southpoint Capital Advisors
New York
|
-$71.7M |
SYF Hedge Fund Activity: Q1 2024 in Review
711 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Synchrony (SYF) for Q1 2024, worth a combined $16.9B — up 11% from $15.2B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new SYF positions and 55 closed out — a net gain of 44 holders — while 261 added to existing stakes and 244 trimmed.
The largest buyer was Assenagon Asset Management, adding an estimated $203M. The largest seller was Morgan Stanley, cutting an estimated $203M.
- 711 institutional investors held Synchrony (SYF) as of Q1 2024, up from 673 in Q4 2023.
- Funds reported $16.9B of Synchrony stock for Q1 2024, up 11% quarter-over-quarter.
- 99 funds opened new Synchrony positions in Q1 2024 and 55 closed out, a net change of +44 holders.
- The largest Synchrony buyer in Q1 2024 was Assenagon Asset Management, an estimated $203M added.
- The largest Synchrony seller in Q1 2024 was Morgan Stanley, an estimated $203M sold.
Based on aggregated 13F filings for Q1 2024.