Vault-13

SYNOVUS FINL CORP

COM NEW · Common Stock · CUSIP 87161C501

372 institutional holders -8 vs Q1 2023
118,458,195118.5m shares reported held*
$3.6bnreported value*
39 new 138 added 118 reduced 50 sold out net sold ≈ $180.4m (-6.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($844.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.25. Options: 10 managers hold calls ($17.7m notional), 10 hold puts ($20.6m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 405Q4 22: 420Q1 23: 380Q2 23: 372372Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022405
Q4 2022420
Q1 2023380
Q2 2023372

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 193 bought or addedQ4 22: 181 cut or sold outQ4 22Q1 23: 181 bought or addedQ1 23: 209 cut or sold outQ1 23Q2 23: 177 bought or addedQ2 23: 168 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022193181
Q1 2023181209
Q2 2023177168

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60mQ3 22 calls: $15.0mQ3 22 puts: $5.7mQ3 22P/C 0.38Q4 22 calls: $37.4mQ4 22 puts: $11.9mQ4 22P/C 0.32Q1 23 calls: $40.8mQ1 23 puts: $15.1mQ1 23P/C 0.37Q2 23 calls: $17.7mQ2 23 puts: $20.6mQ2 23P/C 1.17
Numbers
QuarterCallsPutsP/C
Q3 2022$15.0m$5.7m0.38
Q4 2022$37.4m$11.9m0.32
Q1 2023$40.8m$15.1m0.37
Q2 2023$17.7m$20.6m1.17

Biggest buyers

Balyasny Asset Management L.P. New +723,730+723.7k
MILLENNIUM MANAGEMENT LLC Added +621,375+621.4k
North Reef Capital Management LP Added +551,630+551.6k
DIMENSIONAL FUND ADVISORS LP Added +508,774+508.8k
BASSWOOD CAPITAL MANAGEMENT, L.L.C. Added +467,263+467.3k
AMERIPRISE FINANCIAL INC Added +433,690+433.7k
FIRST TRUST ADVISORS LP Added +354,969+355.0k
PZENA INVESTMENT MANAGEMENT LLC Added +328,033+328.0k
Mesirow Institutional Investment Management, Inc. New +262,215+262.2k
Gillson Capital LP New +243,325+243.3k

Biggest sellers

FMR LLC Reduced -5,626,105-5.6m
Schonfeld Strategic Advisors LLC Reduced -996,942-996.9k
WELLINGTON MANAGEMENT GROUP LLP Reduced -873,901-873.9k
Invesco Ltd. Reduced -608,263-608.3k
Walleye Capital LLC Sold out -517,610-517.6k
VANGUARD GROUP INC Reduced -376,009-376.0k
ADAGE CAPITAL PARTNERS GP, L.L.C. Sold out -375,000-375.0k
JANUS HENDERSON GROUP PLC Reduced -360,069-360.1k
CITADEL ADVISORS LLC Sold out -343,632-343.6k
Assenagon Asset Management S.A. Sold out -337,021-337.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $9.4m311.6k shares
Twin Tree Management, LP Reduced $2.1m68.1k shares
GROUP ONE TRADING LLC Reduced $1.8m60.4k shares
CITADEL ADVISORS LLC Reduced $1.5m48.1k shares
JANE STREET GROUP, LLC Added $1.4m45.6k shares
Walleye Trading LLC Reduced $620.1k20.5k shares
CAPITAL FUND MANAGEMENT S.A. New $481.0k15.9k shares
WOLVERINE TRADING, LLC Reduced $216.3k7.1k shares
SIMPLEX TRADING, LLC Reduced $193.0k6.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

JANE STREET GROUP, LLC Added $7.9m259.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.7m219.9k shares
CITADEL ADVISORS LLC Added $2.1m68.1k shares
GROUP ONE TRADING LLC Added $1.5m51.0k shares
ADVENT CAPITAL MANAGEMENT /DE/ Reduced $1.4m45.1k shares
CAPITAL FUND MANAGEMENT S.A. New $750.2k24.8k shares
SIMPLEX TRADING, LLC Reduced $350.0k11.6k shares
Walleye Trading LLC Reduced $12.1k400 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
DekaBank Deutsche Girozentrale New $05.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FMR LLC 13G · institution -1.5 pts · filed 2025-11-05 7.0% -1.5 pts 9.7m 2025-11-05

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 15,304,08415.3m $462.9m $462.9m 0.01% Reduced -376.0k -376,009
2 BlackRock Inc. 0.01% of their portfolio New York, NY 13,901,85013.9m $420.5m $420.5m 0.01% Reduced -196.6k -196,583
3 FMR LLC 0.02% of their portfolio BOSTON, MA 9,725,3799.7m $294.2m $294.2m 0.02% Reduced -5.6m -5,626,105
4 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 6,871,4276.9m $210.6m $210.6m 0.01% Reduced -66.5k -66,453
5 WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio Boston, MA 6,397,5086.4m $193.5m $193.5m 0.04% Reduced -873.9k -873,901
6 SYNOVUS FINANCIAL CORP 1.92% of their portfolio Columbus, GA 5,784,9335.8m $175.0m $175.0m 1.92% Added +35.0k +35,024
7 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 3,576,2033.6m $108.2m $108.2m 0.03% Added +159.8k +159,788
8 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 3,451,5443.5m $104.4m $104.4m 0.03% Added +508.8k +508,774
9 MACQUARIE GROUP LTD 0.11% of their portfolio Sydney, NSW 2000, C3 3,210,2143.2m $97.1m $97.1m 0.11% Reduced -94.7k -94,683
10 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.64% of their portfolio NEW YORK, NY 2,979,0103.0m $90.1m $90.1m 0.64% Added +45.7k +45,704
11 North Reef Capital Management LP 6.83% of their portfolio LAGUNA BEACH, CA 2,936,6302.9m $88.8m $88.8m 6.83% Added +551.6k +551,630
12 ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio NASHVILLE, TN 2,862,8722.9m $86.6m $86.6m 0.04% Reduced -91.4k -91,446
13 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 2,247,6692.2m $68.0m $68.0m 0.01% Reduced -84.3k -84,333
14 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 2,150,3032.2m $65.0m $65.0m 0.01% Added +96.7k +96,716
15 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 1,680,3931.7m $50.8m $50.8m 0.05% Added +621.4k +621,375
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,669,8691.7m $50.5m $50.5m 0.00% Reduced -72.1k -72,106
17 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,376,2851.4m $41.6m $41.6m 0.01% Reduced -132.3k -132,278
18 FIRST TRUST ADVISORS LP 0.04% of their portfolio Wheaton, IL 1,240,0161.2m $37.5m $37.5m 0.04% Added +355.0k +354,969
19 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 1,232,9041.2m $37.3m $37.3m 0.04% Added +229.2k +229,228
20 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,102,3351.1m $33.3m $33.3m 0.01% Reduced -13.2k -13,196
21 AM INVESTMENT STRATEGIES LLC 8.85% of their portfolio CHATTANOOGA, TN 933,592933.6k $28.2m $28.2m 8.85% Added +1.0k +1,020
22 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 831,205831.2k $25.1m $25.1m 0.01% Reduced -20.6k -20,619
23 JANUS HENDERSON GROUP PLC 0.02% of their portfolio LONDON, X0 804,719804.7k $24.3m $24.3m 0.02% Reduced -360.1k -360,069
24 BASSWOOD CAPITAL MANAGEMENT, L.L.C. 1.69% of their portfolio NEW YORK, NY 756,450756.5k $22.9m $22.9m 1.69% Added +467.3k +467,263
25 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 748,053748.1k $22.6m $22.6m 0.01% Reduced -608.3k -608,263
26 Balyasny Asset Management L.P. 0.06% of their portfolio Chicago, IL 723,730723.7k $21.9m $21.9m 0.06% New
27 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 656,335656.3k $19.9m $19.9m 0.01% Added +225.0k +224,957
28 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 654,599654.6k $19.8m $19.8m 0.01% Added +433.7k +433,690
29 LSV ASSET MANAGEMENT 0.04% of their portfolio CHICAGO, IL 613,537613.5k $18.6m $18.6m 0.04% Added +13.7k +13,700
30 Stieven Capital Advisors, L.P. 4.39% of their portfolio ST. LOUIS, MO 560,566560.6k $17.0m $17.0m 4.39% Reduced -300 -300
31 Retirement Systems of Alabama 0.08% of their portfolio MONTGOMERY, AL 556,000556.0k $16.8m $16.8m 0.08% Added +34.8k +34,804
32 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 548,548548.5k $16.6m $16.6m 0.01% Reduced -27.0k -27,037
33 PZENA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 543,498543.5k $16.4m $16.4m 0.07% Added +328.0k +328,033
34 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 525,004525.0k $15.9m $15.9m 0.00% Reduced -49.0k -49,000
35 Private Capital Management, LLC 1.72% of their portfolio NAPLES, FL 470,112470.1k $14.2m $14.2m 1.72% Added +71.3k +71,343
36 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 447,179447.2k $13.5m $13.5m 0.02% Added +15.5k +15,519
37 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 428,116428.1k $13.0m $13.0m 0.00% Added +10.0k +9,963
38 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 403,773403.8k $12.2m $12.2m 0.00% Reduced -77.5k -77,509
39 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 380,637380.6k $11.5m $11.5m 0.03% Added +170.4k +170,386
40 FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 0.27% of their portfolio PORTLAND, OR 378,318378.3k $11.4m $11.4m 0.27% Added +3.0k +2,979
41 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 371,692371.7k $11.2m $11.2m 0.01% Added +146.2k +146,236
42 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 328,030328.0k $9.9m $9.9m 0.00% Reduced -97.7k -97,729
43 Swiss National Bank 0.01% of their portfolio ZURICH, V8 317,919317.9k $9.6m $9.6m 0.01% Added +4.0k +4,000
44 KENNEDY CAPITAL MANAGEMENT LLC 0.22% of their portfolio ST LOUIS, MO 311,205311.2k $9.4m $9.4m 0.22% Added +147.3k +147,303
45 GAMCO INVESTORS, INC. ET AL 0.10% of their portfolio GREENWICH, CT 307,289307.3k $9.3m $9.3m 0.10% Added +17.8k +17,800
46 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 299,940299.9k $9.1m $9.1m 0.03% Reduced -2.1k -2,100
47 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 296,956297.0k $9.0m $9.0m 0.00% Added +22.6k +22,579
48 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 293,397293.4k $8.9m $8.9m 0.01% Reduced -10.5k -10,503
49 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.08% of their portfolio VICTORIA, A1 280,000280.0k $8.5m $8.5m 0.08% Unchanged
50 GUGGENHEIM CAPITAL LLC 0.07% of their portfolio CHICAGO, IL 278,500278.5k $8.4m $8.4m 0.07% Added +176.6k +176,613
51 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 275,517275.5k $8.5m $8.5m 0.01% Reduced -8.3k -8,307
52 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 274,105274.1k $8.3m $8.3m 0.01% Added +104.9k +104,865
53 STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio MADISON, WI 266,372266.4k $8.1m $8.1m 0.02% Reduced -4.8k -4,774
54 Interval Partners, LP 0.40% of their portfolio NEW YORK, NY 262,345262.3k $7.9m $7.9m 0.40% Added +37.2k +37,238
55 Mesirow Institutional Investment Management, Inc. 0.82% of their portfolio CHICAGO, IL 262,215262.2k $7.9m $7.9m 0.82% New
56 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 261,819261.8k $8.1m $8.1m 0.00% Unchanged
57 Rafferty Asset Management, LLC 0.04% of their portfolio New York, NY 256,307256.3k $7.8m $7.8m 0.04% Added +84.2k +84,166
58 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 254,620254.6k $7.7m $7.7m 0.01% Added +46.6k +46,642
59 SALZHAUER MICHAEL 8.19% of their portfolio NEW YORK, NY 250,662250.7k $7.6m $7.6m 8.19% Reduced -7.6k -7,555
60 Gillson Capital LP 0.65% of their portfolio CHICAGO, IL 243,325243.3k $7.4m $7.4m 0.65% New
61 AMERICAN INTERNATIONAL GROUP, INC. 0.04% of their portfolio New York, NY 220,376220.4k $6.7m $6.7m 0.04% Reduced -4.1k -4,093
62 Legal & General Group Plc 0.00% of their portfolio London, X0 218,189218.2k $6.6m $6.6m 0.00% Added +4.3k +4,299
63 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 210,584210.6k $6.4m $6.4m 0.01% Reduced -85.7k -85,742
64 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 205,426205.4k $6.2m $6.2m 0.01% Added +21.8k +21,801
65 Pekin Hardy Strauss, Inc. 0.95% of their portfolio CHICAGO, IL 200,712200.7k $6.1m $6.1m 0.95% Added +55.7k +55,688
66 ALGERT GLOBAL LLC 0.24% of their portfolio SAN FRANCISCO, CA 181,387181.4k $5.5m $5.5m 0.24% Reduced -3.4k -3,428
67 Keeley-Teton Advisors, LLC 0.70% of their portfolio Chicago, IL 180,374180.4k $5.5m $5.5m 0.70% Reduced -6.6k -6,595
68 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 179,116179.1k $5.4m $5.4m 0.00% Added +23.7k +23,705
69 BESSEMER GROUP INC 0.01% of their portfolio WOODBRIDGE, NJ 176,293176.3k $5.3m $5.3m 0.01% Added +45.0k +44,964
70 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 174,030174.0k $5.3m $5.3m 0.00% Reduced -57.6k -57,603
71 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 171,613171.6k $5.2m $5.2m 0.01% Reduced -10.8k -10,837
72 Verition Fund Management LLC 0.08% of their portfolio GREENWICH, CT 167,251167.3k $5.1m $5.1m 0.08% Added +54.0k +53,979
73 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 155,110155.1k $4.7m $4.7m 0.01% Added +130.2k +130,150
74 Schonfeld Strategic Advisors LLC 0.04% of their portfolio NEW YORK, NY 149,174149.2k $4.5m $4.5m 0.04% Reduced -996.9k -996,942
75 Brandywine Global Investment Management, LLC 0.04% of their portfolio PHILADELPHIA, PA 143,919143.9k $4.4m $4.4m 0.04% Reduced -140.2k -140,215
76 WBI INVESTMENTS, LLC 0.79% of their portfolio RED BANK, NJ 143,613143.6k $4.3m $4.3m 0.79% New
77 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 138,078138.1k $4.2m $4.2m 0.01% Reduced -5.4k -5,430
78 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 137,894137.9k $4.2m $4.2m 0.01% Reduced -10.1k -10,093
79 TEXAS PERMANENT SCHOOL FUND CORP 0.04% of their portfolio AUSTIN, TX 128,599128.6k $3.9m $3.9m 0.04% Reduced -1.9k -1,874
80 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 127,671127.7k $3.9m $3.9m 0.01% Added +2.5k +2,545
81 Ategra Capital Management, LLC 2.09% of their portfolio VIENNA, VA 127,126127.1k $3.8m $3.8m 2.09% Unchanged
82 Asio Capital, LLC 0.92% of their portfolio LEXINGTON, KY 123,427123.4k $3.7m $3.7m 0.92% Added +2.3k +2,349
83 Graham Capital Management, L.P. 0.13% of their portfolio ROWAYTON, CT 121,265121.3k $3.7m $3.7m 0.13% Added +16.7k +16,703
84 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 120,771120.8k $3.7m $3.7m 0.01% Reduced -22.9k -22,850
85 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 120,182120.2k $3.6m $3.6m 0.00% Added +3.2k +3,161
86 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 118,278118.3k $3.6m $3.6m 0.01% Reduced -11.7k -11,724
87 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 117,696117.7k $3.6m $3.6m 0.01% Reduced -2.6k -2,625
88 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 116,926116.9k $3.5m $3.5m 0.01% Reduced -29.5k -29,471
89 EJF Capital LP 1.62% of their portfolio Arlington, VA 116,144116.1k $3.5m $3.5m 1.62% Reduced -45.2k -45,216
90 Siena Capital Partners GP, LLC 1.14% of their portfolio EVANSTON, IL 108,194108.2k $3.3m $3.3m 1.14% Unchanged
91 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 107,747107.7k $3.3m $3.3m 0.01% Added +11.6k +11,564
92 Ensign Peak Advisors, Inc 0.01% of their portfolio SALT LAKE CITY, UT 107,303107.3k $3.2m $3.2m 0.01% Added +55.5k +55,535
93 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.04% of their portfolio New York, NY 106,428106.4k $3.2m $3.2m 0.04% Reduced -10.6k -10,612
94 TUDOR INVESTMENT CORP ET AL 0.05% of their portfolio STAMFORD, CT 105,733105.7k $3.2m $3.2m 0.05% New
95 DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 0.22% of their portfolio BLOOMFIELD HILLS, MI 105,456105.5k $3.2m $3.2m 0.22% Added +4.2k +4,166
96 ExodusPoint Capital Management, LP 0.04% of their portfolio NEW YORK, NY 103,151103.2k $3.1m $3.1m 0.04% Added +72.8k +72,757
97 Elizabeth Park Capital Advisors, Ltd. 2.22% of their portfolio PEPPER PIKE, OH 100,816100.8k $3.0m $3.0m 2.22% Added +10.0k +10,000
98 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 100,420100.4k $3.0m $3.0m 0.00% New
99 COMERICA BANK 0.00% of their portfolio DALLAS, TX 98,27098.3k $0 $0 0.00% First filing
100 Petiole USA ltd 2.82% of their portfolio New York, NY 95,31895.3k $2.9m $2.9m 2.82% Unchanged