Truist Financial
1,050 hedge funds and large institutions have $24.6B invested in Truist Financial in 2019 Q1 according to their latest regulatory filings, with 100 funds opening new positions, 427 increasing their positions, 364 reducing their positions, and 100 closing their positions.
22% more call options, than puts
Call options by funds: $222M | Put options by funds: $182M
17% more repeat investments, than reductions
Existing positions increased: 427 | Existing positions reduced: 364
15% more capital invested
Capital invested by funds: $21.5B → $24.6B (+$3.13B)
4.62% more ownership
Funds ownership: 64.68% → 69.31% (+4.6%)
0% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 100
1% less funds holding
Funds holding: 1,064 → 1,050 (-14)
19% less funds holding in top 10
Funds holding in top 10: 21 → 17 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$1.11B |
| 2 |
BlackRock
New York
|
+$281M |
| 3 |
Goldman Sachs
New York
|
+$183M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$105M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$100M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$288M |
| 2 |
First Eagle Investment Management
New York
|
-$172M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$97.5M |
| 4 |
Bank of New York Mellon
New York
|
-$51.3M |
| 5 |
Asset Management One
Tokyo,
Japan
|
-$44.3M |
TFC Hedge Fund Activity: Q1 2019 in Review
1,050 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Truist Financial (TFC) for Q1 2019, worth a combined $24.6B — up 15% from $21.5B a quarter earlier.
Fund positioning in TFC was balanced in Q1 2019: 100 funds opened new positions, 100 closed out, 427 added to existing stakes and 364 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $1.11B. The largest seller was Bank of America, cutting an estimated $288M.
- 1,050 institutional investors held Truist Financial (TFC) as of Q1 2019, down from 1,064 in Q4 2018.
- Funds reported $24.6B of Truist Financial stock for Q1 2019, up 15% quarter-over-quarter.
- 100 funds opened new Truist Financial positions in Q1 2019 and 100 closed out, a net change of 0 holders.
- The largest Truist Financial buyer in Q1 2019 was Massachusetts Financial Services, an estimated $1.11B added.
- The largest Truist Financial seller in Q1 2019 was Bank of America, an estimated $288M sold.
Based on aggregated 13F filings for Q1 2019.