Truist Financial
796 hedge funds and large institutions have $19.8B invested in Truist Financial in 2016 Q3 according to their latest regulatory filings, with 74 funds opening new positions, 315 increasing their positions, 269 reducing their positions, and 29 closing their positions.
155% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 29
55% more call options, than puts
Call options by funds: $163M | Put options by funds: $106M
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
17% more repeat investments, than reductions
Existing positions increased: 315 | Existing positions reduced: 269
7% more capital invested
Capital invested by funds: $18.5B → $19.8B (+$1.32B)
5% more funds holding
Funds holding: 760 → 796 (+36)
1.62% more ownership
Funds ownership: 62.89% → 64.51% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$195M |
| 2 |
EIP
Epoch Investment Partners
New York
|
+$85.6M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$77.8M |
| 4 |
State Street
Boston,
Massachusetts
|
+$54.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$54.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$271M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$64.1M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$63.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$49.8M |
| 5 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$47M |
TFC Hedge Fund Activity: Q3 2016 in Review
796 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Truist Financial (TFC) for Q3 2016, worth a combined $19.8B — up 7.1% from $18.5B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new TFC positions and 29 closed out — a net gain of 45 holders — while 315 added to existing stakes and 269 trimmed.
The largest buyer was Boston Partners, adding an estimated $195M. The largest seller was Massachusetts Financial Services, cutting an estimated $271M.
- 796 institutional investors held Truist Financial (TFC) as of Q3 2016, up from 760 in Q2 2016.
- Funds reported $19.8B of Truist Financial stock for Q3 2016, up 7.1% quarter-over-quarter.
- 74 funds opened new Truist Financial positions in Q3 2016 and 29 closed out, a net change of +45 holders.
- The largest Truist Financial buyer in Q3 2016 was Boston Partners, an estimated $195M added.
- The largest Truist Financial seller in Q3 2016 was Massachusetts Financial Services, an estimated $271M sold.
Based on aggregated 13F filings for Q3 2016.