Truist Financial
1,395 hedge funds and large institutions have $33.1B invested in Truist Financial in 2023 Q1 according to their latest regulatory filings, with 114 funds opening new positions, 661 increasing their positions, 468 reducing their positions, and 177 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 661 | Existing positions reduced: 468
25% more call options, than puts
Call options by funds: $330M | Put options by funds: $265M
0.56% less ownership
Funds ownership: 73.8% → 73.25% (-0.56%)
6% less funds holding
Funds holding: 1,488 → 1,395 (-93)
22% less capital invested
Capital invested by funds: $42.4B → $33.1B (-$9.3B)
27% less funds holding in top 10
Funds holding in top 10: 15 → 11 (-4)
36% less first-time investments, than exits
New positions opened: 114 | Existing positions closed: 177
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$386M |
| 2 |
BlackRock
New York
|
+$334M |
| 3 |
Amundi
Paris,
France
|
+$334M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$333M |
| 5 |
Harris Associates
Chicago,
Illinois
|
+$245M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$844M |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$553M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$493M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$272M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$201M |
TFC Hedge Fund Activity: Q1 2023 in Review
1,395 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Truist Financial (TFC) for Q1 2023, worth a combined $33.1B — down 22% from $42.4B a quarter earlier.
Sellers outnumbered buyers: 177 funds closed out of TFC and 114 opened new positions — a net loss of 63 holders — while 468 trimmed existing stakes and 661 added.
The largest buyer was Citadel Advisors, adding an estimated $386M. The largest seller was JP Morgan Chase, cutting an estimated $844M.
- 1,395 institutional investors held Truist Financial (TFC) as of Q1 2023, down from 1,488 in Q4 2022.
- Funds reported $33.1B of Truist Financial stock for Q1 2023, down 22% quarter-over-quarter.
- 114 funds opened new Truist Financial positions in Q1 2023 and 177 closed out, a net change of -63 holders.
- The largest Truist Financial buyer in Q1 2023 was Citadel Advisors, an estimated $386M added.
- The largest Truist Financial seller in Q1 2023 was JP Morgan Chase, an estimated $844M sold.
Based on aggregated 13F filings for Q1 2023.