Synchrony
712 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, 260 increasing their positions, 246 reducing their positions, and 56 closing their positions.
77% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 56
5% more funds holding
Funds holding: 675 → 712 (+37)
1.58% more ownership
Funds ownership: 94.86% → 96.44% (+1.6%)
6% more repeat investments, than reductions
Existing positions increased: 260 | Existing positions reduced: 246
2% more capital inflows, than outflows
Capital inflows: $1.19B | Capital outflows: $1.17B
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 |
BlackRock
New York
|
-$188M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$86.9M |
| 3 |
Goldman Sachs
New York
|
-$82.6M |
| 4 |
Southpoint Capital Advisors
New York
|
-$71.7M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$66.6M |
SYF Hedge Fund Activity: Q1 2024 in Review
712 of the 6,966 institutional investors tracked by Wall St. Rank reported a position in Synchrony (SYF) for Q1 2024, worth a combined $16.9B — up 13% from $15B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new SYF positions and 56 closed out — a net gain of 43 holders — while 260 added to existing stakes and 246 trimmed.
The largest buyer was Assenagon Asset Management, adding an estimated $203M. The largest seller was BlackRock, cutting an estimated $188M.
- 712 institutional investors held Synchrony (SYF) as of Q1 2024, up from 675 in Q4 2023.
- Funds reported $16.9B of Synchrony stock for Q1 2024, up 13% quarter-over-quarter.
- 99 funds opened new Synchrony positions in Q1 2024 and 56 closed out, a net change of +43 holders.
- The largest Synchrony buyer in Q1 2024 was Assenagon Asset Management, an estimated $203M added.
- The largest Synchrony seller in Q1 2024 was BlackRock, an estimated $188M sold.
Based on aggregated 13F filings for Q1 2024.