Truist Financial
1,395 hedge funds and large institutions have $36B invested in Truist Financial in 2023 Q4 according to their latest regulatory filings, with 232 funds opening new positions, 437 increasing their positions, 600 reducing their positions, and 86 closing their positions.
170% more first-time investments, than exits
New positions opened: 232 | Existing positions closed: 86
150% more call options, than puts
Call options by funds: $799M | Put options by funds: $319M
55% more funds holding in top 10
Funds holding in top 10: 11 → 17 (+6)
35% more capital invested
Capital invested by funds: $26.7B → $36B (+$9.29B)
10% more funds holding
Funds holding: 1,269 → 1,395 (+126)
3.08% more ownership
Funds ownership: 70.1% → 73.19% (+3.1%)
27% less repeat investments, than reductions
Existing positions increased: 437 | Existing positions reduced: 600
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$987M |
| 2 |
JP Morgan Chase
New York
|
+$229M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$160M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$115M |
| 5 |
State Street
Boston,
Massachusetts
|
+$108M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$263M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$232M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$167M |
| 4 |
Two Sigma Investments
New York
|
-$90M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$80.9M |
TFC Hedge Fund Activity: Q4 2023 in Review
1,395 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Truist Financial (TFC) for Q4 2023, worth a combined $36B — up 35% from $26.7B a quarter earlier.
Buyers outnumbered sellers: 232 funds opened new TFC positions and 86 closed out — a net gain of 146 holders — while 437 added to existing stakes and 600 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $987M. The largest seller was Massachusetts Financial Services, cutting an estimated $263M.
- 1,395 institutional investors held Truist Financial (TFC) as of Q4 2023, up from 1,269 in Q3 2023.
- Funds reported $36B of Truist Financial stock for Q4 2023, up 35% quarter-over-quarter.
- 232 funds opened new Truist Financial positions in Q4 2023 and 86 closed out, a net change of +146 holders.
- The largest Truist Financial buyer in Q4 2023 was Morgan Stanley, an estimated $987M added.
- The largest Truist Financial seller in Q4 2023 was Massachusetts Financial Services, an estimated $263M sold.
Based on aggregated 13F filings for Q4 2023.