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Truist Financial

1,419 hedge funds and large institutions have $37.7B invested in Truist Financial in 2024 Q2 according to their latest regulatory filings, with 117 funds opening new positions, 541 increasing their positions, 572 reducing their positions, and 96 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more call options, than puts

Call options by funds: $469M | Put options by funds: $264M

22% more first-time investments, than exits

New positions opened: 117 | Existing positions closed: 96

21% more funds holding in top 10

Funds holding in top 10: 1417 (+3)

1.37% more ownership

Funds ownership: 71.29%72.66% (+1.4%)

2% more capital invested

Capital invested by funds: $37B → $37.7B (+$796M)

0% less funds holding

Funds holding: 1,4211,419 (-2)

5% less repeat investments, than reductions

Existing positions increased: 541 | Existing positions reduced: 572

Holders
1,419
Holders Change
-2
Holders Change %
-0.14%
% of All Funds
20.49%
Holding in Top 10
17
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+21.43%
% of All Funds
0.25%
New
117
Increased
541
Reduced
572
Closed
96
Calls
$469M
Puts
$264M
Net Calls
+$204M
Net Calls Change
+$58.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Massachusetts Financial Services
26
Massachusetts Financial Services
Massachusetts
$235M -$4.06M -107,597 -2%
Goldman Sachs
27
Goldman Sachs
New York
$231M +$17.9M +475,145 +9%
Truist Financial
28
Truist Financial
North Carolina
$192M +$11.8M +311,523 +7%
UBS Group
29
UBS Group
Switzerland
$190M +$4.85M +128,479 +3%
Barclays
30
Barclays
United Kingdom
$183M -$107M -2,842,540 -38%
CCM
31
Cullen Capital Management
New York
$178M -$15M -396,319 -8%
Hotchkis & Wiley Capital Management
32
Hotchkis & Wiley Capital Management
California
$177M +$172M +4,557,705 New
Fidelity Investments
33
Fidelity Investments
Massachusetts
$176M -$23.6M -625,580 -12%
Deutsche Bank
34
Deutsche Bank
Germany
$176M +$37M +980,675 +28%
Jennison Associates
35
Jennison Associates
New York
$151M +$1.76M +46,497 +1%
Arrowstreet Capital
36
Arrowstreet Capital
Massachusetts
$148M -$54.6M -1,444,983 -28%
Wells Fargo
37
Wells Fargo
California
$142M +$767K +20,314 +0.6%
RJA
38
Raymond James & Associates
Florida
$141M -$2.84M -75,292 -2%
N
39
Nuveen
North Carolina
$134M -$21.3M -563,370 -14%
Bank of Montreal
40
Bank of Montreal
Ontario, Canada
$134M -$22.8M -602,383 -14%
HighTower Advisors
41
HighTower Advisors
Illinois
$120M +$1.82M +48,276 +2%
T. Rowe Price Associates
42
T. Rowe Price Associates
Maryland
$120M -$15.1M -400,684 -11%
LPL Financial
43
LPL Financial
California
$117M -$6.1M -161,473 -5%
Envestnet Asset Management
44
Envestnet Asset Management
Illinois
$117M -$716K -18,944 -0.6%
APG Asset Management
45
APG Asset Management
Netherlands
$116M +$4.11M +108,819 +4%
HSBC Holdings
46
HSBC Holdings
United Kingdom
$116M +$2.21M +58,463 +2%
Sumitomo Mitsui Trust Group
47
Sumitomo Mitsui Trust Group
Japan
$116M -$8.6M -227,691 -7%
National Pension Service
48
National Pension Service
South Korea
$115M +$2.67M +70,748 +2%
Nordea Investment Management
49
Nordea Investment Management
Sweden
$113M +$8.58M +227,265 +8%
KBC Group
50
KBC Group
Belgium
$109M -$15.9M -422,205 -13%

TFC Hedge Fund Activity: Q2 2024 in Review

1,419 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Truist Financial (TFC) for Q2 2024, worth a combined $37.7B — up 2.2% from $37B a quarter earlier.

Buyers outnumbered sellers: 117 funds opened new TFC positions and 96 closed out — a net gain of 21 holders — while 541 added to existing stakes and 572 trimmed.

The largest buyer was Capital International Investors, adding an estimated $1.51B. The largest seller was Barclays, cutting an estimated $107M.

  • 1,419 institutional investors held Truist Financial (TFC) as of Q2 2024, down from 1,421 in Q1 2024.
  • Funds reported $37.7B of Truist Financial stock for Q2 2024, up 2.2% quarter-over-quarter.
  • 117 funds opened new Truist Financial positions in Q2 2024 and 96 closed out, a net change of +21 holders.
  • The largest Truist Financial buyer in Q2 2024 was Capital International Investors, an estimated $1.51B added.
  • The largest Truist Financial seller in Q2 2024 was Barclays, an estimated $107M sold.

Based on aggregated 13F filings for Q2 2024.