Vault-13

SYNOVUS FINL CORP

COM NEW · Common Stock · CUSIP 87161C501

481 institutional holders +21 vs Q4 2024
120,435,698120.4m shares reported held*
$5.6bnreported value*
70 new 180 added 135 reduced 49 sold out net bought ≈ $280.9k (+17.6k 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 ($5.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.72. Options: 11 managers hold calls ($32.4m notional), 12 hold puts ($7.5m).

Trends to Q1 2025

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: 460Q1 25: 481481Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022405
Q4 2022420
Q1 2023380
Q2 2023372
Q3 2023375
Q4 2023398
Q1 2024410
Q2 2024384
Q3 2024435
Q4 2024460
Q1 2025481

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 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 24Q4 24: 210 bought or addedQ4 24: 200 cut or sold outQ1 25: 250 bought or addedQ1 25: 184 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023177168
Q3 2023166177
Q4 2023173180
Q1 2024191175
Q2 2024148208
Q3 2024206169
Q4 2024210200
Q1 2025250184

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ2 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 0.36Q1 25 calls: $32.4mQ1 25 puts: $7.5mQ1 25P/C 0.23
Numbers
QuarterCallsPutsP/C
Q2 2024$56.9m$9.4m0.17
Q3 2024$49.0m$20.7m0.42
Q4 2024$63.8m$23.0m0.36
Q1 2025$32.4m$7.5m0.23

Biggest buyers

AQR CAPITAL MANAGEMENT LLC Added +1,791,973+1.8m
BANK OF AMERICA CORP /DE/ Added +708,001+708.0k
Balyasny Asset Management L.P. New +674,564+674.6k
FMR LLC Added +599,962+600.0k
Invesco Ltd. Added +548,092+548.1k
UBS Group AG Added +491,705+491.7k
JANE STREET GROUP, LLC Added +347,800+347.8k
MetLife Investment Management, LLC Added +314,576+314.6k
TWO SIGMA INVESTMENTS, LP Added +311,052+311.1k
HRT FINANCIAL LP Added +278,438+278.4k

Biggest sellers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -3,696,703-3.7m
FIRST TRUST ADVISORS LP Reduced -1,517,241-1.5m
DIMENSIONAL FUND ADVISORS LP Reduced -622,959-623.0k
STATE STREET CORP Reduced -420,075-420.1k
PRUDENTIAL FINANCIAL INC Reduced -408,080-408.1k
MORGAN STANLEY Reduced -276,497-276.5k
WELLINGTON MANAGEMENT GROUP LLP Reduced -264,131-264.1k
Cubist Systematic Strategies, LLC Reduced -225,460-225.5k
AMERICAN CENTURY COMPANIES INC Reduced -215,399-215.4k
MACQUARIE GROUP LTD Reduced -206,484-206.5k

Biggest calls

Twin Tree Management, LP Reduced $12.0m256.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $8.2m175.8k shares
CITADEL ADVISORS LLC Added $4.8m102.8k shares
JANE STREET GROUP, LLC Reduced $3.6m77.5k shares
GROUP ONE TRADING LLC Reduced $1.6m33.2k shares
SIMPLEX TRADING, LLC Reduced $1.0m22.4k shares
IMC-Chicago, LLC Reduced $715.1k15.3k shares
TUDOR INVESTMENT CORP ET AL Reduced $215.0k4.6k shares
Walleye Capital LLC Reduced $187.0k4.0k shares
Walleye Trading LLC Reduced $88.8k1.9k shares

Biggest puts

Invenomic Capital Management LP Unchanged $3.5m75.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.3m28.5k shares
CITADEL ADVISORS LLC Reduced $962.8k20.6k shares
TUDOR INVESTMENT CORP ET AL Reduced $476.7k10.2k shares
JANE STREET GROUP, LLC Added $420.7k9.0k shares
Walleye Trading LLC Reduced $322.5k6.9k shares
UBS Group AG New $243.0k5.2k shares
SIMPLEX TRADING, LLC Reduced $70.0k1.5k shares
GROUP ONE TRADING LLC Added $65.4k1.4k shares
Walleye Capital LLC Reduced $51.4k1.1k 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 13,806,51313.8m $645.3m $645.3m 0.01% Reduced -185.8k -185,772
2 BlackRock, Inc. 0.01% of their portfolio New York, NY 13,781,20613.8m $644.1m $644.1m 0.01% Reduced -116.7k -116,655
3 FMR LLC 0.04% of their portfolio BOSTON, MA 12,641,58712.6m $590.9m $590.9m 0.04% Added +600.0k +599,962
4 WELLINGTON MANAGEMENT GROUP LLP 0.07% of their portfolio Boston, MA 7,577,3807.6m $354.2m $354.2m 0.07% Reduced -264.1k -264,131
5 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 6,750,0406.8m $318.0m $318.0m 0.01% Reduced -420.1k -420,075
6 SYNOVUS FINANCIAL CORP 3.23% of their portfolio Columbus, GA 5,330,8895.3m $249.2m $249.2m 3.23% Reduced -13.5k -13,532
7 DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio AUSTIN, TX 4,279,4774.3m $200.0m $200.0m 0.05% Reduced -623.0k -622,959
8 AQR CAPITAL MANAGEMENT LLC 0.13% of their portfolio Greenwich, CT 2,857,2222.9m $130.5m $130.5m 0.13% Added +1.8m +1,791,973
9 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 2,540,9782.5m $118.8m $118.8m 0.01% Added +148.6k +148,623
10 MACQUARIE GROUP LTD 0.15% of their portfolio Sydney, NSW 2000, C3 2,519,4522.5m $117.8m $117.8m 0.15% Reduced -206.5k -206,484
11 North Reef Capital Management LP 4.85% of their portfolio LAGUNA BEACH, CA 2,397,5002.4m $112.1m $112.1m 4.85% Added +76.5k +76,500
12 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.78% of their portfolio NEW YORK, NY 2,334,2372.3m $109.1m $109.1m 0.78% Reduced -36.3k -36,284
13 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,958,1162.0m $91.5m $91.5m 0.01% Added +708.0k +708,001
14 Channing Capital Management, LLC 2.54% of their portfolio Chicago, IL 1,799,1951.8m $84.1m $84.1m 2.54% Reduced -175.7k -175,656
15 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,726,5091.7m $80.7m $80.7m 0.01% Added +219.4k +219,413
16 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,648,0471.6m $77.0m $77.0m 0.01% Reduced -276.5k -276,497
17 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,577,8401.6m $73.7m $73.7m 0.01% Added +86.7k +86,694
18 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,413,1531.4m $66.1m $66.1m 0.01% Reduced -3.7m -3,696,703
19 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,371,0371.4m $64.1m $64.1m 0.01% Added +491.7k +491,705
20 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,340,7481.3m $62.7m $62.7m 0.01% Reduced -39.4k -39,350
21 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio Toronto, A6 916,707916.7k $42.8m $42.8m 0.04% Reduced -86.7k -86,695
22 T. Rowe Price Investment Management, Inc. 0.03% of their portfolio BALTIMORE, MD 885,612885.6k $41.4m $41.4m 0.03% Added +12.0k +12,036
23 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 820,782820.8k $38.4m $38.4m 0.01% Added +548.1k +548,092
24 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 757,171757.2k $35.4m $35.4m 0.02% Reduced -215.4k -215,399
25 WEDGE CAPITAL MANAGEMENT L L P/NC 0.63% of their portfolio CHARLOTTE, NC 700,964701.0k $32.8m $32.8m 0.63% Reduced -16.5k -16,468
26 Balyasny Asset Management L.P. 0.08% of their portfolio Chicago, IL 674,564674.6k $31.5m $31.5m 0.08% New
27 PZENA INVESTMENT MANAGEMENT LLC 0.11% of their portfolio NEW YORK, NY 668,847668.8k $31.3m $31.3m 0.11% Reduced -13.3k -13,265
28 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 646,098646.1k $30.2m $30.2m 0.03% Added +258.8k +258,768
29 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 523,479523.5k $24.5m $24.5m 0.00% Added +229.7k +229,730
30 Retirement Systems of Alabama 0.09% of their portfolio MONTGOMERY, AL 522,017522.0k $24.4m $24.4m 0.09% Reduced -435 -435
31 Qube Research & Technologies Ltd 0.04% of their portfolio LONDON, X0 508,138508.1k $23.8m $23.8m 0.04% Added +275.1k +275,096
32 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 497,207497.2k $23.2m $23.2m 0.01% Added +47 +47
33 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 446,070446.1k $20.8m $20.8m 0.04% Added +347.8k +347,800
34 NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio ALBANY, NY 439,551439.6k $20.5m $20.5m 0.03% Reduced -28.3k -28,274
35 BASSWOOD CAPITAL MANAGEMENT, L.L.C. 1.13% of their portfolio NEW YORK, NY 430,841430.8k $20.1m $20.1m 1.13% Unchanged
36 LSV ASSET MANAGEMENT 0.05% of their portfolio CHICAGO, IL 420,637420.6k $19.7m $19.7m 0.05% Added +44.9k +44,900
37 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 407,471407.5k $19.0m $19.0m 0.00% Added +18.7k +18,735
38 MetLife Investment Management, LLC 0.10% of their portfolio Whippany, NJ 394,468394.5k $18.4m $18.4m 0.10% Added +314.6k +314,576
39 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 387,579387.6k $18.1m $18.1m 0.02% Reduced -1.6k -1,556
40 ExodusPoint Capital Management, LP 0.24% of their portfolio NEW YORK, NY 387,363387.4k $18.1m $18.1m 0.24% Added +129.4k +129,397
41 BESSEMER GROUP INC 0.03% of their portfolio WOODBRIDGE, NJ 380,491380.5k $17.8m $17.8m 0.03% Reduced -31.7k -31,653
42 TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio NEW YORK, NY 363,935363.9k $17.0m $17.0m 0.04% Added +311.1k +311,052
43 HRT FINANCIAL LP 0.12% of their portfolio NEW YORK, NY 352,711352.7k $16.5m $16.5m 0.12% Added +278.4k +278,438
44 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 345,762345.8k $16.2m $16.2m 0.00% Reduced -89.8k -89,781
45 JACOBS LEVY EQUITY MANAGEMENT, INC 0.06% of their portfolio FLORHAM PARK, NJ 341,722341.7k $16.0m $16.0m 0.06% Reduced -8.1k -8,144
46 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 324,780324.8k $15.2m $15.2m 0.01% Reduced -149 -149
47 Verition Fund Management LLC 0.09% of their portfolio GREENWICH, CT 323,940323.9k $15.1m $15.1m 0.09% Added +140.2k +140,245
48 Diamond Hill Capital Management, LLC (Investment Advisor) 0.07% of their portfolio COLUMBUS, OH 318,842318.8k $14.9m $14.9m 0.07% Reduced -62.5k -62,518
49 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 312,273312.3k $14.6m $14.6m 0.01% Added +64.5k +64,472
50 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 311,528311.5k $14.6m $14.6m 0.01% Added +125.0k +124,987
51 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 310,006310.0k $14.5m $14.5m 0.01% Reduced -1.5m -1,517,241
52 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 305,826305.8k $14.3m $14.3m 0.00% First filing
53 Stieven Capital Advisors, L.P. 2.69% of their portfolio ST. LOUIS, MO 297,542297.5k $13.9m $13.9m 2.69% Added +58.5k +58,500
54 Private Capital Management, LLC 1.52% of their portfolio NAPLES, FL 292,090292.1k $13.6m $13.6m 1.52% Added +7.8k +7,755
55 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 281,084281.1k $13.0m $13.0m 0.01% Added +4.2k +4,221
56 Swiss National Bank 0.01% of their portfolio ZURICH, V8 274,419274.4k $12.8m $12.8m 0.01% Reduced -8.7k -8,700
57 GAMCO INVESTORS, INC. ET AL 0.14% of their portfolio GREENWICH, CT 271,117271.1k $12.7m $12.7m 0.14% Reduced -4.6k -4,555
58 TruWealth Advisors, LLC 0.74% of their portfolio Metairie, LA 263,881263.9k $12.3m $12.3m 0.74% Added +22.8k +22,821
59 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 249,829249.8k $11.7m $11.7m 0.01% Added +141.5k +141,468
60 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 244,249244.2k $11.4m $11.4m 0.03% Reduced -18.5k -18,499
61 ALGERT GLOBAL LLC 0.28% of their portfolio SAN FRANCISCO, CA 241,979242.0k $11.3m $11.3m 0.28% Added +7.0k +7,019
62 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 234,257234.3k $10.9m $10.9m 0.01% Reduced -10.7k -10,694
63 Legal & General Group Plc 0.00% of their portfolio London, X0 229,240229.2k $10.7m $10.7m 0.00% Added +10.4k +10,433
64 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 229,128229.1k $10.7m $10.7m 0.01% Added +183.7k +183,693
65 Interval Partners, LP 0.37% of their portfolio NEW YORK, NY 225,898225.9k $10.6m $10.6m 0.37% Reduced -97.9k -97,863
66 TUDOR INVESTMENT CORP ET AL 0.09% of their portfolio STAMFORD, CT 223,829223.8k $10.5m $10.5m 0.09% New
67 Rafferty Asset Management, LLC 0.04% of their portfolio New York, NY 222,695222.7k $10.4m $10.4m 0.04% Reduced -37.5k -37,537
68 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 216,086216.1k $10.1m $10.1m 0.01% Reduced -9.0k -8,952
69 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 210,689210.7k $9.6m $9.6m 0.02% Reduced -24.9k -24,888
70 Blue Trust, Inc. 0.13% of their portfolio BRENTWOOD, TN 210,263210.3k $9.8m $9.8m 0.13% Reduced -19 -19
71 ALGEBRIS (UK) LTD 1.55% of their portfolio London, X0 196,691196.7k $8.5m $8.5m 1.55% Added +76.3k +76,267
72 EVENTIDE ASSET MANAGEMENT, LLC 0.18% of their portfolio Boston, MA 196,070196.1k $9.2m $9.2m 0.18% Added +37.8k +37,791
73 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 178,951179.0k $8.4m $8.4m 0.01% Reduced -32.1k -32,121
74 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 174,245174.2k $8.1m $8.1m 0.01% Added +44.0k +44,037
75 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 170,680170.7k $8.0m $8.0m 0.03% Added +500 +500
76 SALZHAUER MICHAEL 4.82% of their portfolio NEW YORK, NY 168,761168.8k $7.9m $7.9m 4.82% Reduced -35.2k -35,165
77 Phocas Financial Corp. 1.20% of their portfolio ALAMEDA, CA 167,834167.8k $7.8m $7.8m 1.20% Reduced -9.4k -9,397
78 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 167,420167.4k $7.8m $7.8m 0.00% Added +7.4k +7,383
79 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 165,251165.3k $7.7m $7.7m 0.02% Reduced -993 -993
80 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 165,098165.1k $7.7m $7.7m 0.00% Added +156.4k +156,398
81 Keeley-Teton Advisors, LLC 0.90% of their portfolio Chicago, IL 158,508158.5k $7.4m $7.4m 0.90% Reduced -3.0k -2,968
82 Corebridge Financial, Inc. 0.04% of their portfolio HOUSTON, TX 155,920155.9k $7.3m $7.3m 0.04% Reduced -4.4k -4,393
83 Trexquant Investment LP 0.08% of their portfolio STAMFORD, CT 151,686151.7k $7.1m $7.1m 0.08% Reduced -119.0k -119,046
84 Man Group plc 0.02% of their portfolio LONDON, X0 149,311149.3k $7.0m $7.0m 0.02% New
85 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 146,153146.2k $6.8m $6.8m 0.00% Added +15.6k +15,629
86 ZACKS INVESTMENT MANAGEMENT 0.06% of their portfolio Chicago, IL 145,751145.8k $6.8m $6.8m 0.06% Added +2.4k +2,388
87 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 141,558141.6k $6.6m $6.6m 0.01% Added +3.6k +3,618
88 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 137,951138.0k $6.4m $6.4m 0.01% Unchanged
89 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 136,578136.6k $6.4m $6.4m 0.00% Reduced -719 -719
90 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 133,174133.2k $6.2m $6.2m 0.01% Reduced -1.5k -1,526
91 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 133,089133.1k $6.2m $6.2m 0.01% Added +21.0k +21,045
92 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 132,940132.9k $6.2m $6.2m 0.01% Reduced -19.3k -19,293
93 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 131,800131.8k $6.2m $6.2m 0.01% Added +108.7k +108,700
94 Quantinno Capital Management LP 0.04% of their portfolio NEW YORK, NY 121,782121.8k $5.7m $5.7m 0.04% Added +66.6k +66,553
95 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 121,067121.1k $5.7m $5.7m 0.01% Reduced -408.1k -408,080
96 Sterling Capital Management LLC 0.08% of their portfolio CHARLOTTE, NC 114,348114.3k $5.3m $5.3m 0.08% Reduced -695 -695
97 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 113,709113.7k $5.3m $5.3m 0.01% Reduced -13.0k -12,981
98 IEQ CAPITAL, LLC 0.04% of their portfolio Foster City, CA 109,951110.0k $5.1m $5.1m 0.04% Added +44.1k +44,084
99 Siena Capital Partners GP, LLC 1.50% of their portfolio EVANSTON, IL 108,194108.2k $5.1m $5.1m 1.50% Unchanged
100 DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 0.29% of their portfolio BLOOMFIELD HILLS, MI 106,755106.8k $5.0m $5.0m 0.29% Added +3.3k +3,275