Truist Financial
1,043 hedge funds and large institutions have $26.7B invested in Truist Financial in 2019 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 387 increasing their positions, 409 reducing their positions, and 80 closing their positions.
29% more funds holding in top 10
Funds holding in top 10: 17 → 22 (+5)
15% more call options, than puts
Call options by funds: $178M | Put options by funds: $155M
9% more capital invested
Capital invested by funds: $24.6B → $26.7B (+$2.13B)
1.92% more ownership
Funds ownership: 69.31% → 71.23% (+1.9%)
4% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 80
1% less funds holding
Funds holding: 1,050 → 1,043 (-7)
5% less repeat investments, than reductions
Existing positions increased: 387 | Existing positions reduced: 409
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$289M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$175M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$174M |
| 4 |
JP Morgan Chase
New York
|
+$127M |
| 5 |
Dodge & Cox
San Francisco,
California
|
+$115M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$295M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$74.8M |
| 3 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$69.9M |
| 4 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$33.6M |
| 5 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$32.9M |
TFC Hedge Fund Activity: Q2 2019 in Review
1,043 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Truist Financial (TFC) for Q2 2019, worth a combined $26.7B — up 8.7% from $24.6B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new TFC positions and 80 closed out — a net gain of 3 holders — while 387 added to existing stakes and 409 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $289M. The largest seller was BlackRock, cutting an estimated $295M.
- 1,043 institutional investors held Truist Financial (TFC) as of Q2 2019, down from 1,050 in Q1 2019.
- Funds reported $26.7B of Truist Financial stock for Q2 2019, up 8.7% quarter-over-quarter.
- 83 funds opened new Truist Financial positions in Q2 2019 and 80 closed out, a net change of +3 holders.
- The largest Truist Financial buyer in Q2 2019 was Massachusetts Financial Services, an estimated $289M added.
- The largest Truist Financial seller in Q2 2019 was BlackRock, an estimated $295M sold.
Based on aggregated 13F filings for Q2 2019.