Vault-13

SYNOVUS FINL CORP

COM NEW · Common Stock · CUSIP 87161C501

478 institutional holders -3 vs Q1 2025
119,261,639119.3m shares reported held*
$6.2bnreported value*
65 new 169 added 166 reduced 65 sold out net sold ≈ $47.3m (-916.1k 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 ($7.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $51.78. Options: 9 managers hold calls ($17.9m notional), 8 hold puts ($3.4m).

Trends to Q2 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: 481Q2 25: 478478Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025478

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 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 24Q1 25: 250 bought or addedQ1 25: 184 cut or sold outQ2 25: 234 bought or addedQ2 25: 231 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023166177
Q4 2023173180
Q1 2024191175
Q2 2024148208
Q3 2024206169
Q4 2024210200
Q1 2025250184
Q2 2025234231

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ3 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 0.23Q2 25 calls: $17.9mQ2 25 puts: $3.4mQ2 25P/C 0.19
Numbers
QuarterCallsPutsP/C
Q3 2024$49.0m$20.7m0.42
Q4 2024$63.8m$23.0m0.36
Q1 2025$32.4m$7.5m0.23
Q2 2025$17.9m$3.4m0.19

Biggest buyers

North Reef Capital Management LP Added +1,177,500+1.2m
WELLINGTON MANAGEMENT GROUP LLP Added +766,924+766.9k
GOLDMAN SACHS GROUP INC Added +592,582+592.6k
SHAPIRO CAPITAL MANAGEMENT LLC New +357,230+357.2k
T. Rowe Price Investment Management, Inc. Added +304,348+304.3k
D. E. Shaw & Co., Inc. Added +262,479+262.5k
AQR CAPITAL MANAGEMENT LLC Added +201,880+201.9k
MORGAN STANLEY Added +190,316+190.3k
TruWealth Advisors, LLC Added +186,281+186.3k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +159,114+159.1k

Biggest sellers

UBS Group AG Reduced -910,056-910.1k
Balyasny Asset Management L.P. Reduced -649,777-649.8k
STATE STREET CORP Reduced -603,167-603.2k
BlackRock, Inc. Reduced -462,704-462.7k
SILVERCREST ASSET MANAGEMENT GROUP LLC Reduced -460,562-460.6k
BANK OF AMERICA CORP /DE/ Reduced -341,594-341.6k
Qube Research & Technologies Ltd Reduced -288,974-289.0k
HRT FINANCIAL LP Reduced -258,540-258.5k
JANE STREET GROUP, LLC Reduced -238,310-238.3k
CITADEL ADVISORS LLC Reduced -192,356-192.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $4.0m77.5k shares
GROUP ONE TRADING LLC Added $3.6m70.4k shares
JANE STREET GROUP, LLC Reduced $3.4m66.0k shares
CITADEL ADVISORS LLC Reduced $2.0m38.3k shares
SIMPLEX TRADING, LLC Added $1.8m34.7k shares
Walleye Trading LLC Added $1.2m23.8k shares
WOLVERINE TRADING, LLC New $977.1k18.9k shares
IMC-Chicago, LLC Added $864.2k16.7k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.2m23.3k shares
CITADEL ADVISORS LLC Reduced $740.0k14.3k shares
WOLVERINE TRADING, LLC New $542.9k10.5k shares
JANE STREET GROUP, LLC Reduced $346.7k6.7k shares
GROUP ONE TRADING LLC Added $258.8k5.0k shares
Walleye Trading LLC Reduced $207.0k4.0k shares
SIMPLEX TRADING, LLC Reduced $67.0k1.3k 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

Fell to 5% or below in the last year: WELLINGTON MANAGEMENT GROUP LLP (5.0%, 2025-11-12)

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 13,713,28913.7m $709.7m $709.7m 0.01% Reduced -93.2k -93,224
2 BlackRock, Inc. 0.01% of their portfolio New York, NY 13,318,50213.3m $689.2m $689.2m 0.01% Reduced -462.7k -462,704
3 FMR LLC 0.04% of their portfolio BOSTON, MA 12,509,94312.5m $647.4m $647.4m 0.04% Reduced -131.6k -131,644
4 WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio Boston, MA 8,344,3048.3m $431.8m $431.8m 0.08% Added +766.9k +766,924
5 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 6,146,8736.1m $320.6m $320.6m 0.01% Reduced -603.2k -603,167
6 SYNOVUS FINANCIAL CORP 3.37% of their portfolio Columbus, GA 5,314,2995.3m $275.0m $275.0m 3.37% Reduced -16.6k -16,590
7 DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio AUSTIN, TX 4,228,3364.2m $218.8m $218.8m 0.05% Reduced -51.1k -51,141
8 North Reef Capital Management LP 8.20% of their portfolio LAGUNA BEACH, CA 3,575,0003.6m $185.0m $185.0m 8.20% Added +1.2m +1,177,500
9 AQR CAPITAL MANAGEMENT LLC 0.13% of their portfolio Greenwich, CT 3,059,1023.1m $158.3m $158.3m 0.13% Added +201.9k +201,880
10 MACQUARIE GROUP LTD 0.17% of their portfolio Sydney, NSW 2000, C3 2,630,0082.6m $136.1m $136.1m 0.17% Added +110.6k +110,556
11 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 2,505,3052.5m $129.7m $129.7m 0.01% Reduced -35.7k -35,673
12 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.65% of their portfolio NEW YORK, NY 1,873,6751.9m $97.0m $97.0m 0.65% Reduced -460.6k -460,562
13 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,838,3631.8m $95.1m $95.1m 0.01% Added +190.3k +190,316
14 Channing Capital Management, LLC 2.52% of their portfolio Chicago, IL 1,750,3461.8m $90.6m $90.6m 2.52% Reduced -48.8k -48,849
15 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,726,5091.7m $89.3m $89.3m 0.01% Unchanged
16 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,616,5221.6m $83.7m $83.7m 0.01% Reduced -341.6k -341,594
17 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 1,586,5991.6m $82.1m $82.1m 0.02% Added +8.8k +8,759
18 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,396,7181.4m $72.3m $72.3m 0.01% Reduced -16.4k -16,435
19 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,317,3861.3m $68.2m $68.2m 0.01% Reduced -23.4k -23,362
20 T. Rowe Price Investment Management, Inc. 0.04% of their portfolio BALTIMORE, MD 1,189,9601.2m $61.6m $61.6m 0.04% Added +304.3k +304,348
21 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,116,0611.1m $57.8m $57.8m 0.01% Added +592.6k +592,582
22 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 870,081870.1k $45.0m $45.0m 0.01% Added +49.3k +49,299
23 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio Toronto, A6 855,058855.1k $44.2m $44.2m 0.04% Reduced -61.6k -61,649
24 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 734,216734.2k $38.0m $38.0m 0.02% Reduced -23.0k -22,955
25 WEDGE CAPITAL MANAGEMENT L L P/NC 0.65% of their portfolio CHARLOTTE, NC 703,947703.9k $36.4m $36.4m 0.65% Added +3.0k +2,983
26 PZENA INVESTMENT MANAGEMENT LLC 0.11% of their portfolio NEW YORK, NY 680,368680.4k $35.2m $35.2m 0.11% Added +11.5k +11,521
27 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 656,321656.3k $34.0m $34.0m 0.01% Added +159.1k +159,114
28 LSV ASSET MANAGEMENT 0.07% of their portfolio CHICAGO, IL 551,137551.1k $28.5m $28.5m 0.07% Added +130.5k +130,500
29 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 532,663532.7k $27.6m $27.6m 0.02% Reduced -113.4k -113,435
30 Retirement Systems of Alabama 0.10% of their portfolio MONTGOMERY, AL 520,106520.1k $26.9m $26.9m 0.10% Reduced -1.9k -1,911
31 UBS Group AG 0.00% of their portfolio ZURICH, V8 460,981461.0k $23.9m $23.9m 0.00% Reduced -910.1k -910,056
32 MetLife Investment Management, LLC 0.14% of their portfolio Whippany, NJ 460,031460.0k $23.8m $23.8m 0.14% Added +65.6k +65,563
33 TruWealth Advisors, LLC 1.28% of their portfolio Metairie, LA 450,162450.2k $23.3m $23.3m 1.28% Added +186.3k +186,281
34 NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio ALBANY, NY 439,551439.6k $22.7m $22.7m 0.03% Unchanged
35 BASSWOOD CAPITAL MANAGEMENT, L.L.C. 1.11% of their portfolio NEW YORK, NY 430,841430.8k $22.3m $22.3m 1.11% Unchanged
36 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 410,187410.2k $21.2m $21.2m 0.00% Added +2.7k +2,716
37 Private Capital Management, LLC 2.06% of their portfolio NAPLES, FL 392,915392.9k $20.3m $20.3m 2.06% Added +100.8k +100,825
38 BESSEMER GROUP INC 0.03% of their portfolio WOODBRIDGE, NJ 382,005382.0k $19.8m $19.8m 0.03% Added +1.5k +1,514
39 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 371,522371.5k $19.2m $19.2m 0.02% Reduced -16.1k -16,057
40 SHAPIRO CAPITAL MANAGEMENT LLC 0.81% of their portfolio ATLANTA, GA 357,230357.2k $18.5m $18.5m 0.81% New
41 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 341,701341.7k $17.7m $17.7m 0.00% Reduced -4.1k -4,061
42 JACOBS LEVY EQUITY MANAGEMENT, INC 0.07% of their portfolio FLORHAM PARK, NJ 332,873332.9k $17.2m $17.2m 0.07% Reduced -8.8k -8,849
43 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 315,186315.2k $16.3m $16.3m 0.01% Reduced -9.6k -9,594
44 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 309,156309.2k $16.0m $16.0m 0.02% Added +262.5k +262,479
45 GAMCO INVESTORS, INC. ET AL 0.15% of their portfolio GREENWICH, CT 290,989291.0k $15.1m $15.1m 0.15% Added +19.9k +19,872
46 ALGERT GLOBAL LLC 0.31% of their portfolio SAN FRANCISCO, CA 288,570288.6k $14.9m $14.9m 0.31% Added +46.6k +46,591
47 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 281,862281.9k $14.7m $14.7m 0.01% Added +778 +778
48 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 278,435278.4k $14.4m $14.4m 0.01% Reduced -33.8k -33,838
49 Swiss National Bank 0.01% of their portfolio ZURICH, V8 269,419269.4k $13.9m $13.9m 0.01% Reduced -5.0k -5,000
50 Diamond Hill Capital Management, LLC (Investment Advisor) 0.06% of their portfolio COLUMBUS, OH 265,630265.6k $13.7m $13.7m 0.06% Reduced -53.2k -53,212
51 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 256,573256.6k $13.3m $13.3m 0.03% Added +12.3k +12,324
52 TUDOR INVESTMENT CORP ET AL 0.10% of their portfolio STAMFORD, CT 253,804253.8k $13.1m $13.1m 0.10% Added +30.0k +29,975
53 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 249,832249.8k $12.9m $12.9m 0.01% Reduced -60.2k -60,174
54 Stieven Capital Advisors, L.P. 2.50% of their portfolio ST. LOUIS, MO 247,942247.9k $12.8m $12.8m 2.50% Reduced -49.6k -49,600
55 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 234,800234.8k $12.2m $12.2m 0.01% Added +543 +543
56 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 234,752234.8k $12.1m $12.1m 0.01% Added +18.7k +18,666
57 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 234,678234.7k $12.1m $12.1m 0.00% Reduced -71.1k -71,148
58 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 231,674231.7k $12.0m $12.0m 0.00% Added +66.6k +66,576
59 Verition Fund Management LLC 0.07% of their portfolio GREENWICH, CT 231,426231.4k $12.0m $12.0m 0.07% Reduced -92.5k -92,514
60 ALGEBRIS (UK) LTD 1.86% of their portfolio London, X0 228,741228.7k $11.8m $11.8m 1.86% Added +32.0k +32,050
61 Legal & General Group Plc 0.00% of their portfolio London, X0 226,207226.2k $11.7m $11.7m 0.00% Reduced -3.0k -3,033
62 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 224,642224.6k $12.1m $12.1m 0.02% Added +14.0k +13,953
63 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 220,686220.7k $11.4m $11.4m 0.02% Added +55.4k +55,435
64 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 219,164219.2k $11.3m $11.3m 0.02% Reduced -289.0k -288,974
65 Blue Trust, Inc. 0.13% of their portfolio BRENTWOOD, TN 211,385211.4k $10.9m $10.9m 0.13% Added +1.1k +1,122
66 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 207,760207.8k $10.8m $10.8m 0.02% Reduced -238.3k -238,310
67 ExodusPoint Capital Management, LP 0.13% of their portfolio NEW YORK, NY 207,545207.5k $10.7m $10.7m 0.13% Reduced -179.8k -179,818
68 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 207,013207.0k $10.7m $10.7m 0.02% Reduced -156.9k -156,922
69 GABELLI FUNDS LLC 0.08% of their portfolio Rye, NY 205,016205.0k $10.6m $10.6m 0.08% Added +128.8k +128,816
70 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 201,883201.9k $10.4m $10.4m 0.01% Added +104.2k +104,167
71 Rafferty Asset Management, LLC 0.03% of their portfolio New York, NY 199,080199.1k $10.3m $10.3m 0.03% Reduced -23.6k -23,615
72 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 194,076194.1k $10.0m $10.0m 0.00% Reduced -117.5k -117,452
73 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 185,014185.0k $9.6m $9.6m 0.01% Added +6.1k +6,063
74 Quantinno Capital Management LP 0.04% of their portfolio NEW YORK, NY 175,530175.5k $9.1m $9.1m 0.04% Added +53.7k +53,748
75 DARK FOREST CAPITAL MANAGEMENT LP 0.36% of their portfolio NEW YORK, NY 174,893174.9k $9.1m $9.1m 0.36% Added +108.9k +108,930
76 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 171,516171.5k $8.9m $8.9m 0.00% Added +144.7k +144,696
77 Phocas Financial Corp. 1.25% of their portfolio ALAMEDA, CA 167,859167.9k $8.7m $8.7m 1.25% Added +25 +25
78 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 166,459166.5k $8.6m $8.6m 0.00% Reduced -961 -961
79 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 163,080163.1k $8.4m $8.4m 0.03% Reduced -7.6k -7,600
80 SALZHAUER MICHAEL 5.13% of their portfolio NEW YORK, NY 157,128157.1k $8.1m $8.1m 5.13% Reduced -11.6k -11,633
81 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 154,007154.0k $8.0m $8.0m 0.01% Added +32.9k +32,940
82 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 153,474153.5k $7.9m $7.9m 0.01% Added +20.5k +20,534
83 SG Americas Securities, LLC 0.03% of their portfolio NEW YORK, NY 147,509147.5k $7.6m $7.6m 0.03% Added +143.7k +143,705
84 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 147,167147.2k $7.6m $7.6m 0.01% Added +14.1k +14,078
85 ZACKS INVESTMENT MANAGEMENT 0.07% of their portfolio Chicago, IL 146,954147.0k $7.6m $7.6m 0.07% Added +1.2k +1,203
86 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 144,311144.3k $7.5m $7.5m 0.00% Added +54.6k +54,612
87 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 144,289144.3k $7.5m $7.5m 0.01% Reduced -84.8k -84,839
88 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 138,951139.0k $7.2m $7.2m 0.01% Added +1.0k +1,000
89 Man Group plc 0.02% of their portfolio LONDON, X0 136,687136.7k $7.1m $7.1m 0.02% Reduced -12.6k -12,624
90 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 136,637136.6k $7.1m $7.1m 0.00% Added +59 +59
91 Interval Partners, LP 0.16% of their portfolio NEW YORK, NY 134,103134.1k $6.9m $6.9m 0.16% Reduced -91.8k -91,795
92 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 132,844132.8k $6.9m $6.9m 0.01% Reduced -330 -330
93 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 132,146132.1k $6.8m $6.8m 0.01% Reduced -42.1k -42,099
94 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 128,803128.8k $6.7m $6.7m 0.01% Reduced -12.8k -12,755
95 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 124,612124.6k $6.4m $6.4m 0.00% Reduced -21.5k -21,541
96 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 124,100124.1k $6.4m $6.4m 0.01% Reduced -7.7k -7,700
97 Schonfeld Strategic Advisors LLC 0.05% of their portfolio NEW YORK, NY 119,833119.8k $6.2m $6.2m 0.05% Added +35.8k +35,824
98 Sterling Capital Management LLC 0.09% of their portfolio CHARLOTTE, NC 115,756115.8k $6.0m $6.0m 0.09% Added +1.4k +1,408
99 HANCOCK WHITNEY CORP 0.11% of their portfolio GULFPORT, MS 110,668110.7k $5.7m $5.7m 0.11% Added +24.8k +24,840
100 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 110,186110.2k $5.7m $5.7m 0.01% Reduced -3.5k -3,523