Truist Financial
1,064 hedge funds and large institutions have $21.5B invested in Truist Financial in 2018 Q4 according to their latest regulatory filings, with 144 funds opening new positions, 350 increasing their positions, 427 reducing their positions, and 91 closing their positions.
61% more call options, than puts
Call options by funds: $162M | Put options by funds: $101M
58% more first-time investments, than exits
New positions opened: 144 | Existing positions closed: 91
31% more funds holding in top 10
Funds holding in top 10: 16 → 21 (+5)
4% more funds holding
Funds holding: 1,025 → 1,064 (+39)
0.1% less ownership
Funds ownership: 64.78% → 64.68% (-0.1%)
12% less capital invested
Capital invested by funds: $24.3B → $21.5B (-$2.87B)
18% less repeat investments, than reductions
Existing positions increased: 350 | Existing positions reduced: 427
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$196M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$173M |
| 3 |
BG
Bahl & Gaynor
Cincinnati,
Ohio
|
+$84.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$60.3M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$174M |
| 2 |
State Street
Boston,
Massachusetts
|
-$108M |
| 3 |
Bank of New York Mellon
New York
|
-$77M |
| 4 |
JP Morgan Chase
New York
|
-$71.9M |
| 5 |
Jennison Associates
New York
|
-$71.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PWAG
1151
Polaris Wealth Advisory Group
San Rafael,
California
| – | -$5K | -100 | Closed |
|
|
WA
1152
WP Advisors
San Francisco,
California
| – | -$4K | -77 | Closed |
|
|
KF
1153
Krilogy Financial
St. Louis,
Missouri
| – | -$2K | -35 | Closed |
|
1154
Fidelity International
Hamilton,
Bermuda
| – | -$768 | -16 | -70% |
|
TFC Hedge Fund Activity: Q4 2018 in Review
1,064 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Truist Financial (TFC) for Q4 2018, worth a combined $21.5B — down 12% from $24.3B a quarter earlier.
Buyers outnumbered sellers: 144 funds opened new TFC positions and 91 closed out — a net gain of 53 holders — while 350 added to existing stakes and 427 trimmed.
The largest buyer was BlackRock, adding an estimated $196M. The largest seller was Bank of America, cutting an estimated $174M.
- 1,064 institutional investors held Truist Financial (TFC) as of Q4 2018, up from 1,025 in Q3 2018.
- Funds reported $21.5B of Truist Financial stock for Q4 2018, down 12% quarter-over-quarter.
- 144 funds opened new Truist Financial positions in Q4 2018 and 91 closed out, a net change of +53 holders.
- The largest Truist Financial buyer in Q4 2018 was BlackRock, an estimated $196M added.
- The largest Truist Financial seller in Q4 2018 was Bank of America, an estimated $174M sold.
Based on aggregated 13F filings for Q4 2018.