Which funds own SYF
Synchrony Financial in the Q2 2026 filings. At least 7 of the 91 current managers on file reported a position, worth $2.3bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 7
- at least, of 91 current
- Combined value
- $2.3bn
- as reported
- Opened
- 0
- new this quarter
- Added to
- 3
- already held
- Trimmed or sold out
- 5
- 1 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Capital World Investors Long-only · $846bn book | $1.4bn | 0.2% | 18,918,854 | -$860m-14,878,053 | Trimmed |
| Harris Associates LP Activist · $75.4bn book | $566m | 0.8% | 7,446,335 | +$249m+2,787,334 | Added |
| Man Group PLC Quantitative · $62.7bn book | $154m | 0.2% | 2,024,943 | +$14m-36,598 | Trimmed |
| Squarepoint Ops LLC Multi-strategy · $90.5bn book | $98m | 0.1% | 1,288,769 | -$45m-817,456 | Trimmed |
| Quantbot Technologies LP Quantitative · $2.5bn book | $6.9m | 0.3% | 90,983 | +$1.8m+15,740 | Added |
| Winton Group Ltd Quantitative · $3.1bn book | $5.1m | 0.2% | 66,650 | +$3.9m+49,009 | Added |
| Caxton Associates LLP Macro · $5.3bn book | $4.0m | 0.1% | 52,875 | +$400k-644 | Trimmed |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Hudson Bay Capital Management LP · Multi-strategy$10m held before
Ownership through time
At least 15 of the 95 managers whose filings are on file listed SYF in Q2 2026, against 7 in Q3 2014. 3 managers more than in Q1 2026: 2 started positions; 2 listed it again; 1 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q3 2014: 7
- Q4 2014: 3
- Q2 2015: 2
- Q3 2015: 2
- Q4 2015: 26
- Q1 2016: 22
- Q2 2016: 25
- Q3 2016: 23
- Q4 2016: 26
- Q1 2017: 26
- Q2 2017: 23
- Q3 2017: 21
- Q4 2017: 24
- Q1 2018: 23
- Q2 2018: 20
- Q3 2018: 18
- Q4 2018: 26
- Q1 2019: 30
- Q2 2019: 27
- Q3 2019: 27
- Q4 2019: 22
- Q1 2020: 20
- Q2 2020: 21
- Q3 2020: 23
- Q4 2020: 20
- Q1 2021: 18
- Q2 2021: 16
- Q3 2021: 14
- Q4 2021: 15
- Q1 2022: 18
- Q2 2022: 18
- Q3 2022: 16
- Q4 2022: 12
- Q1 2023: 17
- Q2 2023: 13
- Q3 2023: 11
- Q4 2023: 14
- Q1 2024: 17
- Q2 2024: 14
- Q3 2024: 14
- Q4 2024: 20
- Q1 2025: 17
- Q2 2025: 20
- Q3 2025: 16
- Q4 2025: 14
- Q1 2026: 12
- Q2 2026: 15
- Q3 2014: $425m
- Q4 2014: $226m
- Q2 2015: $1.4m
- Q3 2015: $4.2m
- Q4 2015: $3.7bn
- Q1 2016: $3.7bn
- Q2 2016: $3.5bn
- Q3 2016: $4.2bn
- Q4 2016: $6.1bn
- Q1 2017: $5.7bn
- Q2 2017: $5.5bn
- Q3 2017: $5.5bn
- Q4 2017: $7.1bn
- Q1 2018: $6.4bn
- Q2 2018: $6.5bn
- Q3 2018: $5.5bn
- Q4 2018: $4.1bn
- Q1 2019: $5.0bn
- Q2 2019: $5.2bn
- Q3 2019: $5.0bn
- Q4 2019: $4.6bn
- Q1 2020: $2.0bn
- Q2 2020: $3.1bn
- Q3 2020: $3.7bn
- Q4 2020: $4.9bn
- Q1 2021: $5.1bn
- Q2 2021: $5.9bn
- Q3 2021: $5.7bn
- Q4 2021: $5.2bn
- Q1 2022: $3.8bn
- Q2 2022: $3.1bn
- Q3 2022: $2.6bn
- Q4 2022: $2.8bn
- Q1 2023: $2.1bn
- Q2 2023: $2.2bn
- Q3 2023: $1.8bn
- Q4 2023: $2.5bn
- Q1 2024: $3.1bn
- Q2 2024: $3.4bn
- Q3 2024: $3.7bn
- Q4 2024: $4.6bn
- Q1 2025: $3.3bn
- Q2 2025: $4.2bn
- Q3 2025: $4.1bn
- Q4 2025: $4.5bn
- Q1 2026: $3.8bn
- Q2 2026: $3.3bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- Harris Associates LP4,659,001 to 7,446,335 shares+$212m
- Acadian Asset Management LLC290,905 to 675,559 shares+$29m
- ExodusPoint Capital Management LPnew: 172,570 shares+$13m
- Bridgewater Associates LPnew: 153,894 shares+$12m
- Winton Group Ltd17,641 to 66,650 shares+$3.7m
Largest decreases, by shares
- Capital World Investors33,796,907 to 18,918,854 shares-$1.1bn
- AQR Capital Management LLC4,485,660 to 3,564,350 shares-$70m
- Squarepoint Ops LLC2,106,225 to 1,288,769 shares-$62m
- MFS Investment Management2,335,117 to 1,773,167 shares-$43m
- Invesco Ltd5,630,774 to 5,379,328 shares-$19m
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Capital World Investors | Q3 2014 | $3.2bn | $1.4bn | |
| Harris Associates LP | Q1 2026 | $566m | $566m | |
| Invesco Ltd | Q3 2014 | $458m | $409m | |
| AQR Capital Management LLC | Q3 2014 | $551m | $271m | |
| Man Group PLC | Q1 2018 | $204m | $154m | |
| MFS Investment Management | Q2 2017 | $207m | $137m | |
| Squarepoint Ops LLC | Q2 2015 | $143m | $98m | |
| Arrowstreet Capital LP | Q1 2017 | $584m | $86m | |
| Acadian Asset Management LLC | Q1 2021 | $95m | $51m | |
| Tudor Investment Corp | Q3 2014 | $29m | $27m | |
| ExodusPoint Capital Management LP | Q4 2018 | $13m | $13m | |
| Bridgewater Associates LP | Q4 2023 | $38m | $12m | |
| Quantbot Technologies LP | Q3 2014 | $9.7m | $6.9m | |
| Winton Group Ltd | Q4 2016 | $23m | $5.1m | |
| Caxton Associates LLP | Q3 2014 | $16m | $4.0m | |
| Fidelity (FMR LLC) | Q4 2015 | $1.8bn | last listed Q4 2022 | |
| Wellington Management Group LLP | Q4 2015 | $1.2bn | last listed Q2 2018 | |
| Baupost Group LLC | Q3 2016 | $1.1bn | last listed Q4 2019 | |
| Berkshire Hathaway Inc | Q2 2017 | $803m | last listed Q4 2020 | |
| T. Rowe Price Associates Inc | Q2 2016 | $772m | last listed Q4 2024 | |
| First Eagle Investment Management LLC | Q3 2015 | $671m | last listed Q3 2019 | |
| Janus Henderson Group Ltd | Q4 2015 | $668m | last listed Q3 2021 | |
| Susquehanna International Group LLP | Q4 2015 | $663m | last listed Q3 2016 | |
| AllianceBernstein LP | Q4 2015 | $549m | last listed Q2 2021 | |
| Citadel Advisors LLC | Q4 2015 | $421m | last listed Q4 2024 |
What SYF is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around SYF →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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