Truist Financial
900 hedge funds and large institutions have $23.6B invested in Truist Financial in 2017 Q1 according to their latest regulatory filings, with 98 funds opening new positions, 342 increasing their positions, 323 reducing their positions, and 54 closing their positions.
81% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 54
4% more funds holding
Funds holding: 867 → 900 (+33)
10% more call options, than puts
Call options by funds: $225M | Put options by funds: $205M
6% more repeat investments, than reductions
Existing positions increased: 342 | Existing positions reduced: 323
0.55% less ownership
Funds ownership: 65.79% → 65.24% (-0.55%)
6% less capital invested
Capital invested by funds: $25.1B → $23.6B (-$1.54B)
46% less funds holding in top 10
Funds holding in top 10: 26 → 14 (-12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.14B |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$474M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$77.4M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$49.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$46.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
-$373M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$216M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$135M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$134M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$85.5M |
TFC Hedge Fund Activity: Q1 2017 in Review
900 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Truist Financial (TFC) for Q1 2017, worth a combined $23.6B — down 6.1% from $25.1B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new TFC positions and 54 closed out — a net gain of 44 holders — while 342 added to existing stakes and 323 trimmed.
The largest buyer was BlackRock, adding an estimated $2.14B. The largest seller was Epoch Investment Partners, exiting entirely with an estimated $373M sold.
- 900 institutional investors held Truist Financial (TFC) as of Q1 2017, up from 867 in Q4 2016.
- Funds reported $23.6B of Truist Financial stock for Q1 2017, down 6.1% quarter-over-quarter.
- 98 funds opened new Truist Financial positions in Q1 2017 and 54 closed out, a net change of +44 holders.
- The largest Truist Financial buyer in Q1 2017 was BlackRock, an estimated $2.14B added.
- The largest Truist Financial seller in Q1 2017 was Epoch Investment Partners, an estimated $373M sold.
Based on aggregated 13F filings for Q1 2017.