Vault-13

SYNOVUS FINL CORP

COM NEW · Common Stock · CUSIP 87161C501

460 institutional holders +25 vs Q3 2024
120,422,812120.4m shares reported held*
$6.2bnreported value*
63 new 147 added 158 reduced 42 sold out net sold ≈ $41.7m (-808.6k 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 ($14.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $51.25. Options: 15 managers hold calls ($63.8m notional), 13 hold puts ($23.0m).

Trends to Q4 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: 435Q4 24: 460460Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022405
Q4 2022420
Q1 2023380
Q2 2023372
Q3 2023375
Q4 2023398
Q1 2024410
Q2 2024384
Q3 2024435
Q4 2024460

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 23: 181 bought or addedQ1 23: 209 cut or sold outQ2 23: 177 bought or addedQ2 23: 168 cut or sold outQ2 23Q3 23: 166 bought or addedQ3 23: 177 cut or sold outQ4 23: 173 bought or addedQ4 23: 180 cut or sold outQ4 23Q1 24: 191 bought or addedQ1 24: 175 cut or sold outQ2 24: 148 bought or addedQ2 24: 208 cut or sold outQ2 24Q3 24: 206 bought or addedQ3 24: 169 cut or sold outQ4 24: 210 bought or addedQ4 24: 200 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023181209
Q2 2023177168
Q3 2023166177
Q4 2023173180
Q1 2024191175
Q2 2024148208
Q3 2024206169
Q4 2024210200

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ1 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 0.42Q4 24 calls: $63.8mQ4 24 puts: $23.0mQ4 24P/C 0.36
Numbers
QuarterCallsPutsP/C
Q1 2024$45.9m$17.1m0.37
Q2 2024$56.9m$9.4m0.17
Q3 2024$49.0m$20.7m0.42
Q4 2024$63.8m$23.0m0.36

Biggest buyers

BlackRock, Inc. Added +746,190+746.2k
AQR CAPITAL MANAGEMENT LLC Added +738,983+739.0k
UBS Group AG Added +704,747+704.7k
STATE STREET CORP Added +609,059+609.1k
FMR LLC Added +415,201+415.2k
PRUDENTIAL FINANCIAL INC Added +411,411+411.4k
JACOBS LEVY EQUITY MANAGEMENT, INC Added +343,613+343.6k
NORTHERN TRUST CORP Added +337,784+337.8k
Mesirow Institutional Investment Management, Inc. New +292,615+292.6k
Cubist Systematic Strategies, LLC New +288,575+288.6k

Biggest sellers

North Reef Capital Management LP Reduced -2,046,500-2.0m
WELLINGTON MANAGEMENT GROUP LLP Reduced -1,832,715-1.8m
BARCLAYS PLC Reduced -645,572-645.6k
AM INVESTMENT STRATEGIES LLC Reduced -434,845-434.8k
DIMENSIONAL FUND ADVISORS LP Reduced -397,206-397.2k
JPMORGAN CHASE & CO Reduced -290,053-290.1k
SYNOVUS FINANCIAL CORP Reduced -270,095-270.1k
Bank of New York Mellon Corp Reduced -245,234-245.2k
AMERICAN CENTURY COMPANIES INC Reduced -239,195-239.2k
MACQUARIE GROUP LTD Reduced -216,872-216.9k

Biggest calls

Twin Tree Management, LP Added $31.9m622.8k shares
JANE STREET GROUP, LLC Added $7.2m140.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $7.1m138.6k shares
CITADEL ADVISORS LLC Reduced $4.2m81.8k shares
GROUP ONE TRADING LLC Reduced $3.1m60.6k shares
PEAK6 LLC First filing $3.1m60.1k shares
WOLVERINE TRADING, LLC Added $2.1m40.4k shares
IMC-Chicago, LLC Reduced $1.5m29.2k shares
SIMPLEX TRADING, LLC Reduced $1.3m26.3k shares
Walleye Capital LLC Added $1.1m20.5k shares

Biggest puts

CITADEL ADVISORS LLC Added $5.7m110.8k shares
MILLENNIUM MANAGEMENT LLC Reduced $5.2m100.8k shares
Invenomic Capital Management LP New $3.8m75.0k shares
Twin Tree Management, LP Reduced $2.8m54.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.6m31.3k shares
Walleye Capital LLC Reduced $1.4m26.9k shares
Walleye Trading LLC Added $691.6k13.5k shares
WOLVERINE TRADING, LLC New $624.2k12.2k shares
TUDOR INVESTMENT CORP ET AL New $563.5k11.0k shares
SIMPLEX TRADING, LLC Reduced $343.0k6.7k 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 13,992,28514.0m $716.8m $716.8m 0.01% Reduced -58.9k -58,931
2 BlackRock, Inc. 0.01% of their portfolio New York, NY 13,897,86113.9m $712.0m $712.0m 0.01% Added +746.2k +746,190
3 FMR LLC 0.04% of their portfolio BOSTON, MA 12,041,62512.0m $616.9m $616.9m 0.04% Added +415.2k +415,201
4 WELLINGTON MANAGEMENT GROUP LLP 0.07% of their portfolio Boston, MA 7,841,5117.8m $401.7m $401.7m 0.07% Reduced -1.8m -1,832,715
5 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 7,170,1157.2m $370.2m $370.2m 0.01% Added +609.1k +609,059
6 SYNOVUS FINANCIAL CORP 3.48% of their portfolio Columbus, GA 5,344,4215.3m $273.8m $273.8m 3.48% Reduced -270.1k -270,095
7 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio SAN FRANCISCO, CA 5,109,8565.1m $261.8m $261.8m 0.05% Added +117.2k +117,242
8 DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio AUSTIN, TX 4,902,4364.9m $251.2m $251.2m 0.06% Reduced -397.2k -397,206
9 MACQUARIE GROUP LTD 0.17% of their portfolio Sydney, NSW 2000, C3 2,725,9362.7m $139.7m $139.7m 0.17% Reduced -216.9k -216,872
10 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 2,392,3552.4m $122.6m $122.6m 0.01% Reduced -27.4k -27,382
11 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.81% of their portfolio NEW YORK, NY 2,370,5212.4m $121.4m $121.4m 0.81% Added +53.3k +53,286
12 North Reef Capital Management LP 5.34% of their portfolio LAGUNA BEACH, CA 2,321,0002.3m $118.9m $118.9m 5.34% Reduced -2.0m -2,046,500
13 Channing Capital Management, LLC 2.70% of their portfolio Chicago, IL 1,974,8512.0m $101.2m $101.2m 2.70% Reduced -41.9k -41,887
14 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,924,5441.9m $98.6m $98.6m 0.01% Added +51.4k +51,361
15 FIRST TRUST ADVISORS LP 0.08% of their portfolio Wheaton, IL 1,827,2471.8m $93.6m $93.6m 0.08% Added +77.9k +77,876
16 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,507,0961.5m $77.2m $77.2m 0.01% Added +140.6k +140,639
17 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,491,1461.5m $76.4m $76.4m 0.01% Reduced -245.2k -245,234
18 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,380,0981.4m $70.7m $70.7m 0.01% Added +337.8k +337,784
19 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,250,1151.3m $64.0m $64.0m 0.01% Reduced -113.0k -113,026
20 AQR CAPITAL MANAGEMENT LLC 0.07% of their portfolio Greenwich, CT 1,065,2491.1m $54.6m $54.6m 0.07% Added +739.0k +738,983
21 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio Toronto, A6 1,003,4021.0m $51.4m $51.4m 0.04% Reduced -88.8k -88,842
22 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 972,570972.6k $49.8m $49.8m 0.03% Reduced -239.2k -239,195
23 UBS Group AG 0.01% of their portfolio ZURICH, V8 879,332879.3k $45.0m $45.0m 0.01% Added +704.7k +704,747
24 T. Rowe Price Investment Management, Inc. 0.03% of their portfolio BALTIMORE, MD 873,576873.6k $44.8m $44.8m 0.03% Added +1.0k +1,043
25 WEDGE CAPITAL MANAGEMENT L L P/NC 0.66% of their portfolio CHARLOTTE, NC 717,432717.4k $36.8m $36.8m 0.66% Reduced -126.5k -126,452
26 PZENA INVESTMENT MANAGEMENT LLC 0.12% of their portfolio NEW YORK, NY 682,112682.1k $34.9m $34.9m 0.12% Reduced -29.4k -29,357
27 PRUDENTIAL FINANCIAL INC 0.04% of their portfolio NEWARK, NJ 529,147529.1k $27.1m $27.1m 0.04% Added +411.4k +411,411
28 Retirement Systems of Alabama 0.10% of their portfolio MONTGOMERY, AL 522,452522.5k $26.8m $26.8m 0.10% Reduced -2.6k -2,639
29 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 497,160497.2k $25.5m $25.5m 0.01% Added +72.9k +72,853
30 NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio ALBANY, NY 467,825467.8k $24.0m $24.0m 0.03% Added +6.8k +6,784
31 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 435,543435.5k $22.3m $22.3m 0.00% Reduced -290.1k -290,053
32 BASSWOOD CAPITAL MANAGEMENT, L.L.C. 1.29% of their portfolio NEW YORK, NY 430,841430.8k $22.1m $22.1m 1.29% Unchanged
33 BESSEMER GROUP INC 0.03% of their portfolio WOODBRIDGE, NJ 412,144412.1k $21.1m $21.1m 0.03% Added +14.1k +14,079
34 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 389,135389.1k $19.9m $19.9m 0.02% Reduced -12.9k -12,903
35 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 388,736388.7k $19.9m $19.9m 0.00% Added +115.5k +115,465
36 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 387,330387.3k $19.8m $19.8m 0.02% Reduced -125.1k -125,146
37 Diamond Hill Capital Management, LLC (Investment Advisor) 0.09% of their portfolio COLUMBUS, OH 381,360381.4k $19.5m $19.5m 0.09% Reduced -102.0k -102,044
38 LSV ASSET MANAGEMENT 0.04% of their portfolio CHICAGO, IL 375,737375.7k $19.2m $19.2m 0.04% Reduced -23.1k -23,100
39 JACOBS LEVY EQUITY MANAGEMENT, INC 0.06% of their portfolio FLORHAM PARK, NJ 349,866349.9k $17.9m $17.9m 0.06% Added +343.6k +343,613
40 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 324,929324.9k $16.6m $16.6m 0.01% Reduced -8.5k -8,470
41 Interval Partners, LP 0.42% of their portfolio NEW YORK, NY 323,761323.8k $16.6m $16.6m 0.42% Reduced -38.8k -38,761
42 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 314,342314.3k $16.1m $16.1m 0.00% Reduced -39.0k -39,010
43 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 293,749293.7k $15.0m $15.0m 0.00% Reduced -75.1k -75,070
44 Mesirow Institutional Investment Management, Inc. 1.15% of their portfolio CHICAGO, IL 292,615292.6k $15.0m $15.0m 1.15% New
45 Cubist Systematic Strategies, LLC 0.24% of their portfolio STAMFORD, CT 288,575288.6k $14.8m $14.8m 0.24% New
46 Private Capital Management, LLC 1.55% of their portfolio NAPLES, FL 284,335284.3k $14.6m $14.6m 1.55% Reduced -21.5k -21,509
47 Swiss National Bank 0.01% of their portfolio ZURICH, V8 283,119283.1k $14.5m $14.5m 0.01% Reduced -2.7k -2,700
48 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 276,863276.9k $14.3m $14.3m 0.01% Added +10.1k +10,109
49 GAMCO INVESTORS, INC. ET AL 0.15% of their portfolio GREENWICH, CT 275,672275.7k $14.1m $14.1m 0.15% Reduced -19.2k -19,155
50 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 272,690272.7k $14.0m $14.0m 0.00% Reduced -15.4k -15,445
51 Trexquant Investment LP 0.16% of their portfolio STAMFORD, CT 270,732270.7k $13.9m $13.9m 0.16% Added +223.9k +223,929
52 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 262,748262.7k $13.5m $13.5m 0.03% Added +5.2k +5,212
53 Rafferty Asset Management, LLC 0.05% of their portfolio New York, NY 260,232260.2k $13.3m $13.3m 0.05% Reduced -44.6k -44,580
54 ExodusPoint Capital Management, LP 0.14% of their portfolio NEW YORK, NY 257,966258.0k $13.2m $13.2m 0.14% New
55 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 247,801247.8k $12.7m $12.7m 0.01% Reduced -645.6k -645,572
56 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 244,951245.0k $12.5m $12.5m 0.01% Reduced -15.6k -15,610
57 TruWealth Advisors, LLC 0.74% of their portfolio Metairie, LA 241,060241.1k $12.3m $12.3m 0.74% New
58 Stieven Capital Advisors, L.P. 2.18% of their portfolio ST. LOUIS, MO 239,042239.0k $12.2m $12.2m 2.18% Reduced -215.2k -215,200
59 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 235,577235.6k $12.0m $12.0m 0.02% Reduced -3.6k -3,588
60 ALGERT GLOBAL LLC 0.28% of their portfolio SAN FRANCISCO, CA 234,960235.0k $12.0m $12.0m 0.28% Added +30.3k +30,314
61 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 233,042233.0k $11.9m $11.9m 0.02% Added +110.5k +110,540
62 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 225,038225.0k $11.5m $11.5m 0.01% Reduced -13.5k -13,467
63 Legal & General Group Plc 0.00% of their portfolio London, X0 218,807218.8k $11.2m $11.2m 0.00% Reduced -5.8k -5,803
64 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 211,072211.1k $10.8m $10.8m 0.01% Added +20.1k +20,064
65 Blue Trust, Inc. 0.14% of their portfolio BRENTWOOD, TN 210,282210.3k $10.8m $10.8m 0.14% Added +186.4k +186,424
66 SALZHAUER MICHAEL 5.35% of their portfolio NEW YORK, NY 203,926203.9k $10.4m $10.4m 5.35% Reduced -14.1k -14,067
67 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 186,541186.5k $9.6m $9.6m 0.00% Reduced -9.1k -9,079
68 Verition Fund Management LLC 0.05% of their portfolio GREENWICH, CT 183,695183.7k $9.4m $9.4m 0.05% Added +177.1k +177,077
69 Phocas Financial Corp. 1.21% of their portfolio ALAMEDA, CA 177,231177.2k $9.1m $9.1m 1.21% Added +84.0k +84,036
70 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 170,180170.2k $8.7m $8.7m 0.03% Added +1.1k +1,100
71 Schonfeld Strategic Advisors LLC 0.05% of their portfolio NEW YORK, NY 168,008168.0k $8.6m $8.6m 0.05% Added +64.8k +64,752
72 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 166,244166.2k $8.5m $8.5m 0.02% Added +19.5k +19,510
73 Knights of Columbus Asset Advisors LLC 0.56% of their portfolio NEW HAVEN, CT 165,158165.2k $8.5m $8.5m 0.56% Added +3.8k +3,766
74 Keeley-Teton Advisors, LLC 0.96% of their portfolio Chicago, IL 161,476161.5k $8.3m $8.3m 0.96% Reduced -5.4k -5,424
75 Corebridge Financial, Inc. 0.04% of their portfolio HOUSTON, TX 160,313160.3k $8.2m $8.2m 0.04% Reduced -9.9k -9,938
76 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 160,037160.0k $8.2m $8.2m 0.00% Reduced -5.0k -5,049
77 EVENTIDE ASSET MANAGEMENT, LLC 0.15% of their portfolio Boston, MA 158,279158.3k $8.1m $8.1m 0.15% Added +25.0k +25,019
78 Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio FRANKFURT AM MAIN, 2M 152,233152.2k $7.8m $7.8m 0.02% First filing
79 ZACKS INVESTMENT MANAGEMENT 0.07% of their portfolio Chicago, IL 143,363143.4k $7.3m $7.3m 0.07% Added +1.9k +1,860
80 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 137,951138.0k $7.1m $7.1m 0.01% Reduced -90 -90
81 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 137,940137.9k $7.1m $7.1m 0.01% Reduced -21.7k -21,707
82 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 137,297137.3k $7.0m $7.0m 0.00% Reduced -37.7k -37,670
83 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 134,700134.7k $6.9m $6.9m 0.01% Reduced -4.7k -4,745
84 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 130,524130.5k $6.7m $6.7m 0.00% First filing
85 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 130,208130.2k $6.7m $6.7m 0.01% Reduced -61.4k -61,382
86 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 126,690126.7k $6.5m $6.5m 0.01% Reduced -2.0k -1,977
87 Holocene Advisors, LP 0.02% of their portfolio New York, NY 126,216126.2k $6.5m $6.5m 0.02% New
88 ALGEBRIS (UK) LTD 1.51% of their portfolio London, X0 120,424120.4k $6.0m $6.0m 1.51% Added +20.3k +20,299
89 Sterling Capital Management LLC 0.08% of their portfolio CHARLOTTE, NC 115,043115.0k $5.9m $5.9m 0.08% Added +3.0k +3,020
90 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 112,044112.0k $5.7m $5.7m 0.01% Added +69.5k +69,487
91 Edgestream Partners, L.P. 0.24% of their portfolio Princeton, NJ 111,764111.8k $5.7m $5.7m 0.24% Added +68.4k +68,358
92 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 108,361108.4k $5.6m $5.6m 0.01% Added +73.1k +73,095
93 Siena Capital Partners GP, LLC 1.53% of their portfolio EVANSTON, IL 108,194108.2k $5.5m $5.5m 1.53% Unchanged
94 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.05% of their portfolio FRANKFORT, KY 106,813106.8k $5.5m $5.5m 0.05% Reduced -13.6k -13,573
95 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 104,205104.2k $5.3m $5.3m 0.02% Added +14.9k +14,910
96 DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 0.30% of their portfolio BLOOMFIELD HILLS, MI 103,480103.5k $5.3m $5.3m 0.30% Added +270 +270
97 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 98,27098.3k $5.0m $5.0m 0.01% Reduced -53.1k -53,059
98 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 97,35997.4k $5.0m $5.0m 0.02% New
99 Asio Capital, LLC 0.86% of their portfolio LEXINGTON, KY 88,56788.6k $4.5m $4.5m 0.86% Reduced -37.7k -37,732
100 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 88,20488.2k $4.5m $4.5m 0.00% Added +895 +895