Vault-13

SYNOVUS FINL CORP

COM NEW · Common Stock · CUSIP 87161C501

435 institutional holders +51 vs Q2 2024
121,294,220121.3m shares reported held*
$5.4bnreported value*
76 new 130 added 144 reduced 25 sold out net sold ≈ $133.2m (-3.0m 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 ($3.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $44.48. Options: 13 managers hold calls ($49.0m notional), 10 hold puts ($20.7m).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 405Q4 22: 420Q1 23: 380Q2 23: 372Q3 23: 375Q4 23: 398Q1 24: 410Q2 24: 384Q3 24: 435435Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022405
Q4 2022420
Q1 2023380
Q2 2023372
Q3 2023375
Q4 2023398
Q1 2024410
Q2 2024384
Q3 2024435

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 outQ1 23: 181 bought or addedQ1 23: 209 cut or sold outQ1 23Q2 23: 177 bought or addedQ2 23: 168 cut or sold outQ3 23: 166 bought or addedQ3 23: 177 cut or sold outQ3 23Q4 23: 173 bought or addedQ4 23: 180 cut or sold outQ1 24: 191 bought or addedQ1 24: 175 cut or sold outQ1 24Q2 24: 148 bought or addedQ2 24: 208 cut or sold outQ3 24: 206 bought or addedQ3 24: 169 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022193181
Q1 2023181209
Q2 2023177168
Q3 2023166177
Q4 2023173180
Q1 2024191175
Q2 2024148208
Q3 2024206169

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ4 23 calls: $39.1mQ4 23 puts: $24.5mQ4 23P/C 0.63Q1 24 calls: $45.9mQ1 24 puts: $17.1mQ1 24P/C 0.37Q2 24 calls: $56.9mQ2 24 puts: $9.4mQ2 24P/C 0.17Q3 24 calls: $49.0mQ3 24 puts: $20.7mQ3 24P/C 0.42
Numbers
QuarterCallsPutsP/C
Q4 2023$39.1m$24.5m0.63
Q1 2024$45.9m$17.1m0.37
Q2 2024$56.9m$9.4m0.17
Q3 2024$49.0m$20.7m0.42

Biggest buyers

WELLINGTON MANAGEMENT GROUP LLP Added +1,095,557+1.1m
North Reef Capital Management LP Added +617,500+617.5k
FMR LLC Added +598,644+598.6k
AQR CAPITAL MANAGEMENT LLC Added +294,435+294.4k
T. Rowe Price Investment Management, Inc. Added +217,011+217.0k
STATE STREET CORP Added +201,362+201.4k
D. E. Shaw & Co., Inc. Added +176,213+176.2k
HRT FINANCIAL LP New +150,019+150.0k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +147,599+147.6k
Squarepoint Ops LLC New +130,845+130.8k

Biggest sellers

Balyasny Asset Management L.P. Reduced -963,966-964.0k
AMERIPRISE FINANCIAL INC Reduced -854,789-854.8k
MILLENNIUM MANAGEMENT LLC Reduced -789,903-789.9k
Invesco Ltd. Reduced -525,149-525.1k
DIMENSIONAL FUND ADVISORS LP Reduced -463,341-463.3k
AM INVESTMENT STRATEGIES LLC Reduced -380,753-380.8k
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Reduced -315,505-315.5k
Bank of New York Mellon Corp Reduced -305,424-305.4k
Rhino Investment Partners, Inc Reduced -304,253-304.3k
WEDGE CAPITAL MANAGEMENT L L P/NC Reduced -301,290-301.3k

Biggest calls

Twin Tree Management, LP Reduced $25.2m567.2k shares
GROUP ONE TRADING LLC Reduced $5.1m114.1k shares
CITADEL ADVISORS LLC Reduced $4.5m100.2k shares
ExodusPoint Capital Management, LP New $3.1m70.0k shares
JANE STREET GROUP, LLC Added $2.7m59.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.0m44.7k shares
SIMPLEX TRADING, LLC Reduced $2.0m44.3k shares
IMC-Chicago, LLC Reduced $1.5m33.4k shares
GTS SECURITIES LLC Added $1.2m26.0k shares
WOLVERINE TRADING, LLC Reduced $972.6k22.2k shares

Biggest puts

MILLENNIUM MANAGEMENT LLC New $7.1m160.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.4m99.6k shares
Twin Tree Management, LP New $3.5m78.8k shares
CITADEL ADVISORS LLC Added $2.3m51.5k shares
SIMPLEX TRADING, LLC Reduced $1.6m35.7k shares
Walleye Capital LLC Reduced $1.3m29.4k shares
GTS SECURITIES LLC Added $271.3k6.1k shares
Walleye Trading LLC Added $195.7k4.4k shares
GROUP ONE TRADING LLC Reduced $26.7k600 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 14,051,21614.1m $624.9m $624.9m 0.01% Reduced -299.1k -299,126
2 BlackRock, Inc. 0.01% of their portfolio New York, NY 13,151,67113.2m $584.9m $584.9m 0.01% First filing
3 FMR LLC 0.03% of their portfolio BOSTON, MA 11,626,42411.6m $517.0m $517.0m 0.03% Added +598.6k +598,644
4 WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio Boston, MA 9,674,2269.7m $430.2m $430.2m 0.08% Added +1.1m +1,095,557
5 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 6,561,0566.6m $294.3m $294.3m 0.01% Added +201.4k +201,362
6 SYNOVUS FINANCIAL CORP 2.89% of their portfolio Columbus, GA 5,614,5165.6m $249.7m $249.7m 2.89% Reduced -89.9k -89,893
7 DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio AUSTIN, TX 5,299,6425.3m $235.7m $235.7m 0.06% Reduced -463.3k -463,341
8 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio SAN FRANCISCO, CA 4,992,6145.0m $222.0m $222.0m 0.04% Added +147.6k +147,599
9 North Reef Capital Management LP 9.06% of their portfolio LAGUNA BEACH, CA 4,367,5004.4m $194.2m $194.2m 9.06% Added +617.5k +617,500
10 MACQUARIE GROUP LTD 0.14% of their portfolio Sydney, NSW 2000, C3 2,942,8082.9m $130.9m $130.9m 0.14% Added +109.6k +109,559
11 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 2,419,7372.4m $107.6m $107.6m 0.01% Added +22.5k +22,549
12 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.70% of their portfolio NEW YORK, NY 2,317,2352.3m $103.0m $103.0m 0.70% Reduced -67.7k -67,691
13 Channing Capital Management, LLC 2.29% of their portfolio Chicago, IL 2,016,7382.0m $89.7m $89.7m 2.29% Reduced -118.1k -118,062
14 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,873,1831.9m $83.3m $83.3m 0.01% Reduced -26.1k -26,144
15 FIRST TRUST ADVISORS LP 0.07% of their portfolio Wheaton, IL 1,749,3711.7m $77.8m $77.8m 0.07% Added +38.1k +38,147
16 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,736,3801.7m $77.2m $77.2m 0.01% Reduced -305.4k -305,424
17 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,366,4571.4m $60.8m $60.8m 0.01% Added +24.5k +24,479
18 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,363,1411.4m $60.6m $60.6m 0.01% Reduced -217.0k -217,023
19 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 1,211,7651.2m $53.9m $53.9m 0.03% Reduced -119.5k -119,530
20 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio Toronto, A6 1,092,2441.1m $48.6m $48.6m 0.04% Reduced -11.8k -11,840
21 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,042,3141.0m $46.4m $46.4m 0.01% Reduced -51.1k -51,140
22 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 893,373893.4k $39.7m $39.7m 0.02% Reduced -293.8k -293,805
23 T. Rowe Price Investment Management, Inc. 0.02% of their portfolio BALTIMORE, MD 872,533872.5k $38.8m $38.8m 0.02% Added +217.0k +217,011
24 WEDGE CAPITAL MANAGEMENT L L P/NC 0.65% of their portfolio CHARLOTTE, NC 843,884843.9k $37.5m $37.5m 0.65% Reduced -301.3k -301,290
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 725,596725.6k $32.3m $32.3m 0.00% Reduced -56.5k -56,468
26 PZENA INVESTMENT MANAGEMENT LLC 0.10% of their portfolio NEW YORK, NY 711,469711.5k $31.6m $31.6m 0.10% Reduced -46.1k -46,145
27 Retirement Systems of Alabama 0.09% of their portfolio MONTGOMERY, AL 525,091525.1k $23.4m $23.4m 0.09% Reduced -5.9k -5,851
28 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 512,476512.5k $22.8m $22.8m 0.02% Reduced -789.9k -789,903
29 Diamond Hill Capital Management, LLC (Investment Advisor) 0.09% of their portfolio COLUMBUS, OH 483,404483.4k $21.5m $21.5m 0.09% Reduced -144 -144
30 NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio ALBANY, NY 461,041461.0k $20.5m $20.5m 0.03% Reduced -59.2k -59,172
31 Stieven Capital Advisors, L.P. 3.82% of their portfolio ST. LOUIS, MO 454,242454.2k $20.2m $20.2m 3.82% Reduced -24.6k -24,600
32 AM INVESTMENT STRATEGIES LLC 4.91% of their portfolio CHATTANOOGA, TN 453,658453.7k $20.2m $20.2m 4.91% Reduced -380.8k -380,753
33 BASSWOOD CAPITAL MANAGEMENT, L.L.C. 0.99% of their portfolio NEW YORK, NY 430,841430.8k $19.2m $19.2m 0.99% Reduced -297.3k -297,343
34 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 424,307424.3k $18.9m $18.9m 0.00% Reduced -6.1k -6,125
35 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 402,038402.0k $17.9m $17.9m 0.02% Reduced -12.6k -12,619
36 LSV ASSET MANAGEMENT 0.04% of their portfolio CHICAGO, IL 398,837398.8k $17.7m $17.7m 0.04% Reduced -146.0k -146,000
37 BESSEMER GROUP INC 0.03% of their portfolio WOODBRIDGE, NJ 398,065398.1k $17.7m $17.7m 0.03% Added +106.2k +106,152
38 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 368,819368.8k $16.4m $16.4m 0.00% Added +2.8k +2,830
39 Interval Partners, LP 0.46% of their portfolio NEW YORK, NY 362,522362.5k $16.1m $16.1m 0.46% Reduced -82.6k -82,638
40 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 353,352353.4k $15.7m $15.7m 0.00% Reduced -164 -164
41 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 333,399333.4k $14.8m $14.8m 0.01% Reduced -154.2k -154,220
42 AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio Greenwich, CT 326,266326.3k $14.3m $14.3m 0.02% Added +294.4k +294,435
43 Private Capital Management, LLC 1.49% of their portfolio NAPLES, FL 305,844305.8k $13.6m $13.6m 1.49% Reduced -50.5k -50,462
44 Rafferty Asset Management, LLC 0.05% of their portfolio New York, NY 304,812304.8k $13.6m $13.6m 0.05% Reduced -47.6k -47,607
45 GAMCO INVESTORS, INC. ET AL 0.13% of their portfolio GREENWICH, CT 294,827294.8k $13.1m $13.1m 0.13% Added +900 +900
46 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 288,135288.1k $12.8m $12.8m 0.00% Reduced -525.1k -525,149
47 Swiss National Bank 0.01% of their portfolio ZURICH, V8 285,819285.8k $12.7m $12.7m 0.01% Reduced -2.2k -2,200
48 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 273,271273.3k $12.2m $12.2m 0.00% Added +2.7k +2,714
49 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 266,754266.8k $11.8m $11.8m 0.01% Reduced -14.7k -14,710
50 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 260,561260.6k $11.6m $11.6m 0.01% Reduced -830 -830
51 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 257,536257.5k $11.5m $11.5m 0.03% Reduced -1.1k -1,127
52 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 239,165239.2k $10.6m $10.6m 0.02% Added +9.7k +9,721
53 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 238,505238.5k $10.6m $10.6m 0.01% Reduced -23.2k -23,216
54 Legal & General Group Plc 0.00% of their portfolio London, X0 224,610224.6k $10.0m $10.0m 0.00% Added +4.7k +4,733
55 SALZHAUER MICHAEL 6.16% of their portfolio NEW YORK, NY 217,993218.0k $9.7m $9.7m 6.16% Reduced -900 -900
56 ALGERT GLOBAL LLC 0.24% of their portfolio SAN FRANCISCO, CA 204,646204.6k $9.1m $9.1m 0.24% Added +32.4k +32,430
57 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 195,620195.6k $8.7m $8.7m 0.00% Reduced -28.7k -28,746
58 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 191,590191.6k $8.5m $8.5m 0.01% Reduced -3.4k -3,444
59 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 191,008191.0k $8.5m $8.5m 0.01% Reduced -27.1k -27,108
60 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 189,452189.5k $8.4m $8.4m 0.01% Added +176.2k +176,213
61 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 174,967175.0k $7.8m $7.8m 0.00% Reduced -616 -616
62 UBS Group AG 0.00% of their portfolio ZURICH, V8 174,585174.6k $7.8m $7.8m 0.00% Added +34.5k +34,480
63 Corebridge Financial, Inc. 0.04% of their portfolio HOUSTON, TX 170,251170.3k $7.6m $7.6m 0.04% Reduced -15.0k -14,973
64 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 169,080169.1k $7.5m $7.5m 0.03% Reduced -315.5k -315,505
65 Keeley-Teton Advisors, LLC 0.82% of their portfolio Chicago, IL 166,900166.9k $7.4m $7.4m 0.82% Added +18.8k +18,802
66 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 165,086165.1k $7.4m $7.4m 0.00% Reduced -854.8k -854,789
67 Knights of Columbus Asset Advisors LLC 0.47% of their portfolio NEW HAVEN, CT 161,392161.4k $7.2m $7.2m 0.47% Reduced -59.4k -59,359
68 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 159,647159.6k $7.1m $7.1m 0.01% Reduced -8.1k -8,105
69 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 151,329151.3k $6.7m $6.7m 0.01% Added +48.0k +48,001
70 HRT FINANCIAL LP 0.04% of their portfolio NEW YORK, NY 150,019150.0k $6.7m $6.7m 0.04% New
71 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 146,734146.7k $6.5m $6.5m 0.01% Added +10.3k +10,346
72 ZACKS INVESTMENT MANAGEMENT 0.05% of their portfolio Chicago, IL 141,503141.5k $6.3m $6.3m 0.05% Reduced -2.9k -2,941
73 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 139,445139.4k $6.2m $6.2m 0.01% Reduced -4.5k -4,517
74 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 138,041138.0k $6.1m $6.1m 0.01% Unchanged
75 EVENTIDE ASSET MANAGEMENT, LLC 0.10% of their portfolio Boston, MA 133,260133.3k $5.9m $5.9m 0.10% Reduced -3.1k -3,097
76 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 130,845130.8k $5.8m $5.8m 0.02% New
77 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 128,667128.7k $5.7m $5.7m 0.01% Reduced -2.9k -2,941
78 Asio Capital, LLC 1.08% of their portfolio LEXINGTON, KY 126,299126.3k $5.7m $5.7m 1.08% Reduced -421 -421
79 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 122,502122.5k $5.4m $5.4m 0.01% New
80 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.05% of their portfolio FRANKFORT, KY 120,386120.4k $5.4m $5.4m 0.05% Added +7.4k +7,449
81 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 117,736117.7k $5.2m $5.2m 0.01% Added +27.9k +27,915
82 Sterling Capital Management LLC 0.06% of their portfolio CHARLOTTE, NC 112,023112.0k $5.0m $5.0m 0.06% First filing
83 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 109,200109.2k $4.9m $4.9m 0.00% New
84 Siena Capital Partners GP, LLC 1.39% of their portfolio EVANSTON, IL 108,194108.2k $4.8m $4.8m 1.39% Unchanged
85 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 106,355106.4k $4.7m $4.7m 0.00% Reduced -8.7k -8,658
86 Schonfeld Strategic Advisors LLC 0.04% of their portfolio NEW YORK, NY 103,256103.3k $4.6m $4.6m 0.04% Reduced -40.0k -39,988
87 DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 0.26% of their portfolio BLOOMFIELD HILLS, MI 103,210103.2k $4.6m $4.6m 0.26% Added +670 +670
88 ALGEBRIS (UK) LTD 1.67% of their portfolio London, X0 100,125100.1k $4.0m $4.0m 1.67% New
89 COMERICA BANK 0.02% of their portfolio DALLAS, TX 100,007100.0k $4.4m $4.4m 0.02% Reduced -26.0k -26,012
90 Phocas Financial Corp. 0.47% of their portfolio ALAMEDA, CA 93,19593.2k $4.1m $4.1m 0.47% Reduced -5.9k -5,878
91 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 89,29589.3k $3.9m $3.9m 0.02% Added +9.7k +9,693
92 GUGGENHEIM CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 88,11288.1k $3.9m $3.9m 0.03% Reduced -6.6k -6,575
93 LEAVELL INVESTMENT MANAGEMENT, INC. 0.20% of their portfolio MOBILE, AL 88,01788.0k $3.9m $3.9m 0.20% Reduced -200 -200
94 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 87,30987.3k $3.9m $3.9m 0.00% Added +4.8k +4,766
95 Ensign Peak Advisors, Inc 0.01% of their portfolio SALT LAKE CITY, UT 85,60785.6k $3.8m $3.8m 0.01% Added +29.1k +29,055
96 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 85,48085.5k $3.8m $3.8m 0.01% Reduced -925 -925
97 GABELLI FUNDS LLC 0.03% of their portfolio Rye, NY 82,20082.2k $3.7m $3.7m 0.03% Reduced -300 -300
98 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.04% of their portfolio New York, NY 77,81177.8k $3.5m $3.5m 0.04% Reduced -6.0k -6,033
99 Quantbot Technologies LP 0.14% of their portfolio NEW YORK, NY 77,55277.6k $3.4m $3.4m 0.14% Added +77.0k +77,041
100 Welch Group, LLC 0.15% of their portfolio BIRMINGHAM, AL 77,38877.4k $3.4m $3.4m 0.15% Reduced -592 -592