Truist Financial
1,421 hedge funds and large institutions have $37B invested in Truist Financial in 2024 Q1 according to their latest regulatory filings, with 135 funds opening new positions, 542 increasing their positions, 564 reducing their positions, and 93 closing their positions.
45% more first-time investments, than exits
New positions opened: 135 | Existing positions closed: 93
41% more call options, than puts
Call options by funds: $499M | Put options by funds: $353M
2% more funds holding
Funds holding: 1,395 → 1,421 (+26)
3% more capital invested
Capital invested by funds: $36B → $37B (+$925M)
4% less repeat investments, than reductions
Existing positions increased: 542 | Existing positions reduced: 564
1.9% less ownership
Funds ownership: 73.19% → 71.29% (-1.9%)
18% less funds holding in top 10
Funds holding in top 10: 17 → 14 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$544M |
| 2 |
JP Morgan Chase
New York
|
+$450M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$206M |
| 4 |
BlackRock
New York
|
+$109M |
| 5 |
SC
Samlyn Capital
New York
|
+$91.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$397M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$169M |
| 4 |
Millennium Management
New York
|
-$143M |
| 5 |
State Street
Boston,
Massachusetts
|
-$112M |
TFC Hedge Fund Activity: Q1 2024 in Review
1,421 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Truist Financial (TFC) for Q1 2024, worth a combined $37B — up 2.6% from $36B a quarter earlier.
Buyers outnumbered sellers: 135 funds opened new TFC positions and 93 closed out — a net gain of 42 holders — while 542 added to existing stakes and 564 trimmed.
The largest buyer was Bank of America, adding an estimated $544M. The largest seller was Morgan Stanley, cutting an estimated $1B.
- 1,421 institutional investors held Truist Financial (TFC) as of Q1 2024, up from 1,395 in Q4 2023.
- Funds reported $37B of Truist Financial stock for Q1 2024, up 2.6% quarter-over-quarter.
- 135 funds opened new Truist Financial positions in Q1 2024 and 93 closed out, a net change of +42 holders.
- The largest Truist Financial buyer in Q1 2024 was Bank of America, an estimated $544M added.
- The largest Truist Financial seller in Q1 2024 was Morgan Stanley, an estimated $1B sold.
Based on aggregated 13F filings for Q1 2024.