Truist Financial
670 hedge funds and large institutions have $15.3B invested in Truist Financial in 2013 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 249 increasing their positions, 244 reducing their positions, and 42 closing their positions.
105% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 42
61% more call options, than puts
Call options by funds: $160M | Put options by funds: $99.4M
31% more funds holding in top 10
Funds holding in top 10: 13 → 17 (+4)
12% more capital invested
Capital invested by funds: $13.7B → $15.3B (+$1.61B)
7% more funds holding
Funds holding: 629 → 670 (+41)
2% more repeat investments, than reductions
Existing positions increased: 249 | Existing positions reduced: 244
0.32% more ownership
Funds ownership: 57.59% → 57.91% (+0.32%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
+$98.8M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$87.8M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$75.6M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$67.8M |
| 5 |
MAM
Marketfield Asset Management
New York
|
+$51.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Institutional Capital
Chicago,
Illinois
|
-$436M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
-$118M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$71.9M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$59.9M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$40.5M |
TFC Hedge Fund Activity: Q4 2013 in Review
670 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Truist Financial (TFC) for Q4 2013, worth a combined $15.3B — up 12% from $13.7B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new TFC positions and 42 closed out — a net gain of 44 holders — while 249 added to existing stakes and 244 trimmed.
The largest buyer was Cambiar Investors, opening a new position worth an estimated $98.8M. The largest seller was Institutional Capital, cutting an estimated $436M.
- 670 institutional investors held Truist Financial (TFC) as of Q4 2013, up from 629 in Q3 2013.
- Funds reported $15.3B of Truist Financial stock for Q4 2013, up 12% quarter-over-quarter.
- 86 funds opened new Truist Financial positions in Q4 2013 and 42 closed out, a net change of +44 holders.
- The largest Truist Financial buyer in Q4 2013 was Cambiar Investors, an estimated $98.8M added.
- The largest Truist Financial seller in Q4 2013 was Institutional Capital, an estimated $436M sold.
Based on aggregated 13F filings for Q4 2013.