Truist Financial
1,399 hedge funds and large institutions have $35.3B invested in Truist Financial in 2023 Q4 according to their latest regulatory filings, with 234 funds opening new positions, 437 increasing their positions, 601 reducing their positions, and 86 closing their positions.
172% more first-time investments, than exits
New positions opened: 234 | Existing positions closed: 86
149% more call options, than puts
Call options by funds: $799M | Put options by funds: $321M
55% more funds holding in top 10
Funds holding in top 10: 11 → 17 (+6)
35% more capital inflows, than outflows
Capital inflows: $2.96B | Capital outflows: $2.2B
10% more funds holding
Funds holding: 1,271 → 1,399 (+128)
1.56% more ownership
Funds ownership: 70.11% → 71.67% (+1.6%)
27% less repeat investments, than reductions
Existing positions increased: 437 | Existing positions reduced: 601
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$252M |
| 2 |
JP Morgan Chase
New York
|
+$229M |
| 3 |
Neuberger Berman Group
New York
|
+$181M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$160M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$115M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$263M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$232M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$167M |
| 4 |
Two Sigma Investments
New York
|
-$90M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$80.9M |
TFC Hedge Fund Activity: Q4 2023 in Review
1,399 of the 6,877 institutional investors tracked by Wall St. Rank reported a position in Truist Financial (TFC) for Q4 2023, worth a combined $35.3B — up 32% from $26.7B a quarter earlier.
Buyers outnumbered sellers: 234 funds opened new TFC positions and 86 closed out — a net gain of 148 holders — while 437 added to existing stakes and 601 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $252M. The largest seller was Massachusetts Financial Services, cutting an estimated $263M.
- 1,399 institutional investors held Truist Financial (TFC) as of Q4 2023, up from 1,271 in Q3 2023.
- Funds reported $35.3B of Truist Financial stock for Q4 2023, up 32% quarter-over-quarter.
- 234 funds opened new Truist Financial positions in Q4 2023 and 86 closed out, a net change of +148 holders.
- The largest Truist Financial buyer in Q4 2023 was Morgan Stanley, an estimated $252M added.
- The largest Truist Financial seller in Q4 2023 was Massachusetts Financial Services, an estimated $263M sold.
Based on aggregated 13F filings for Q4 2023.