SYNCHRONY FINANCIAL SYF
COM · Common Stock · CUSIP 87165B103 · ISIN US87165B1035
American financial services company
- SectorFinancials
- IndustryFinance Services
- HeadquartersStamford, CT
- Founded2003
- Websitesynchronybank.com
- FilingsSEC EDGAR
* 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 ($164.9m this quarter). Holder counts are more reliable. Shares outstanding: 337.0m as of 2026-04-17, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $68.02. Options: 22 managers hold calls ($130.7m notional), 22 hold puts ($103.8m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 633 |
| Q4 2022 | 695 |
| Q1 2023 | 654 |
| Q2 2023 | 663 |
| Q3 2023 | 656 |
| Q4 2023 | 677 |
| Q1 2024 | 712 |
| Q2 2024 | 732 |
| Q3 2024 | 784 |
| Q4 2024 | 901 |
| Q1 2025 | 873 |
| Q2 2025 | 879 |
| Q3 2025 | 930 |
| Q4 2025 | 996 |
| Q1 2026 | 972 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 353 | 338 |
| Q3 2024 | 382 | 332 |
| Q4 2024 | 434 | 364 |
| Q1 2025 | 460 | 408 |
| Q2 2025 | 449 | 416 |
| Q3 2025 | 443 | 398 |
| Q4 2025 | 461 | 428 |
| Q1 2026 | 441 | 513 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $137.5m | $151.4m | 1.10 |
| Q3 2025 | $167.2m | $156.5m | 0.94 |
| Q4 2025 | $452.6m | $206.3m | 0.46 |
| Q1 2026 | $130.7m | $103.8m | 0.79 |
Biggest buyers
| HARRIS ASSOCIATES L P | New | +4.7m |
| AustralianSuper Pty Ltd | Added | +1.2m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.2m |
| Squarepoint Ops LLC | Added | +990.0k |
| GOLDMAN SACHS GROUP INC | Added | +915.9k |
| PRUDENTIAL FINANCIAL INC | Added | +889.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +697.0k |
| FRANKLIN RESOURCES INC | Added | +658.6k |
| Man Group plc | Added | +633.7k |
| BARCLAYS PLC | Added | +581.3k |
Biggest sellers
| Capital World Investors | Reduced | -4.5m |
| FMR LLC | Reduced | -2.2m |
| Boston Partners | Reduced | -2.0m |
| MORGAN STANLEY | Reduced | -1.7m |
| Qube Research & Technologies Ltd | Sold out | -1.6m |
| HSBC HOLDINGS PLC | Reduced | -1.5m |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Reduced | -1.3m |
| Nuveen, LLC | Reduced | -993.2k |
| UBS Group AG | Reduced | -804.9k |
| PANAGORA ASSET MANAGEMENT INC | Reduced | -773.8k |
Biggest calls
| Troluce Capital Advisors LLC | New | $23.8m350.0k shares |
| CITADEL ADVISORS LLC | Added | $19.4m285.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $17.1m251.3k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $17.1m251.2k shares |
| LMR Partners LLP | New | $6.8m100.0k shares |
| Walleye Trading LLC | Added | $6.4m93.5k shares |
| UBS Group AG | Unchanged | $6.0m88.4k shares |
| PEAK6 LLC | Reduced | $5.7m83.4k shares |
| IMC-Chicago, LLC | Reduced | $5.2m76.8k shares |
| JANE STREET GROUP, LLC | Reduced | $5.1m75.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $15.1m221.6k shares |
| PEAK6 LLC | Reduced | $12.1m177.7k shares |
| CITADEL ADVISORS LLC | Reduced | $10.1m147.9k shares |
| JPMORGAN CHASE & CO | Reduced | $8.3m126.1k shares |
| UBS Group AG | Reduced | $7.8m115.4k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $7.0m103.5k shares |
| LMR Partners LLP | New | $6.8m100.0k shares |
| JANE STREET GROUP, LLC | Added | $6.0m87.5k shares |
| IMC-Chicago, LLC | Reduced | $5.6m81.8k shares |
| Saba Capital Management, L.P. | Added | $5.2m76.8k 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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-02-05 | 9.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| Capital World Investors 13G · institution -4.1 pts · filed 2026-08-12 | 5.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.4% |
| STATE STREET CORP 13G · institution new · filed 2025-11-10 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 1 | $1.4m | $1.4m |
| Q3 2024 | 0 | — | 3 | $3.6m | $3.6m |
| Q4 2024 | 0 | — | 2 | $3.4m | $3.4m |
| Q1 2025 | 0 | — | 8 | $29.3m | $29.3m |
| Q2 2025 | 0 | — | 3 | $3.8m | $3.8m |
| Q3 2025 | 0 | — | 4 | $2.1m | $2.1m |
| Q4 2025 | 0 | — | 4 | $4.0m | $4.0m |
| Q1 2026 | 0 | — | 9 | $37.7m | $37.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-03 | Wenzel Brian J. Sr. Officer | Sold plan | $3.2m47.1k shares |
| 2026-03-02 | DOUBLES BRIAN D Officer, director | Sold plan | $14.9m217.6k shares |
| 2026-03-02 | Wenzel Brian J. Sr. Officer | Sold plan | $1.3m19.6k shares |
| 2026-03-02 | Juel Carol Officer | Sold plan | $1.1m16.9k shares |
| 2026-03-02 | Casellas Alberto Officer | Sold plan | $975.0k14.4k shares |
| 2026-03-02 | Schaller Bart Officer | Sold plan | $878.9k13.0k shares |
| 2026-03-02 | Howse Curtis Officer | Sold plan | $533.7k7.9k shares |
| 2026-03-02 | Gentleman Courtney Officer | Sold plan | $293.7k4.3k shares |
| 2026-03-02 | Owens Darrell Officer | Sold plan | $261.7k3.9k shares |
| 2026-02-17 | Juel Carol Officer | Sold plan | $3.1m44.4k shares |
| 2026-02-17 | Casellas Alberto Officer | Sold plan | $2.9m41.5k shares |
| 2026-02-17 | Schaller Bart Officer | Sold plan | $2.5m35.3k shares |
| 2026-02-17 | Gentleman Courtney Officer | Sold plan | $850.4k12.0k shares |
| 2026-02-17 | Owens Darrell Officer | Sold plan | $727.5k10.3k shares |
| 2026-02-02 | Howse Curtis Officer | Sold plan | $3.8m52.6k shares |
| 2026-02-02 | COVIELLO ARTHUR W JR Director | Sold plan | $289.3k4.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 0.31% of their portfolio | 33.8m $2.3bn | Reduced -4.5m |
| BlackRock, Inc. 0.04% of their portfolio | 30.5m $2.1bn | Reduced -693.9k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 22.6m $1.5bn | First filing |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.07% of their portfolio | 18.5m $1.3bn | First filing |
| STATE STREET CORP 0.04% of their portfolio | 17.7m $1.2bn | Reduced -713.1k |
| BANK OF AMERICA CORP /DE/ 0.08% of their portfolio | 16.1m $1.1bn | Reduced -93.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 9.9m $683.3m | Added +40.5k |
| GOLDMAN SACHS GROUP INC 0.09% of their portfolio | 9.6m $652.6m | Added +915.9k |
| PAR CAPITAL MANAGEMENT INC 15.05% of their portfolio | 7.6m $517.8m | Added +112.1k |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 6.0m $410.8m | Added +365.4k |
| Invesco Ltd. 0.04% of their portfolio | 5.6m $383.0m | Added +139.9k |
| FIRST TRUST ADVISORS LP 0.26% of their portfolio | 5.3m $363.1m | Added +281.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.33% of their portfolio | 5.3m $348.7m | Added +117.6k |
| NORTHERN TRUST CORP 0.05% of their portfolio | 5.0m $340.6m | Reduced -81.9k |
| AMERIPRISE FINANCIAL INC 0.08% of their portfolio | 4.8m $329.1m | Reduced -515.3k |
| HARRIS ASSOCIATES L P 0.42% of their portfolio | 4.7m $316.9m | New |
| MORGAN STANLEY 0.02% of their portfolio | 4.6m $310.3m | Reduced -1.7m |
| AQR CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 4.5m $302.4m | Added +1.2m |
| ASSETMARK, INC 0.60% of their portfolio | 4.3m $295.1m | Added +37.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 4.3m $289.8m | Reduced -606.4k |
| Allianz Asset Management GmbH 0.33% of their portfolio | 4.2m $284.5m | Added +162.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 3.1m $208.5m | Added +38.8k |
| AustralianSuper Pty Ltd 1.03% of their portfolio | 2.9m $196.8m | Added +1.2m |
| Legal & General Group Plc 0.05% of their portfolio | 2.9m $196.5m | Reduced -126.6k |
| Robeco Institutional Asset Management B.V. 0.26% of their portfolio | 2.7m $184.1m | Reduced -118.9k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 2.7m $182.4m | Reduced -16.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio | 2.3m $160.6m | Reduced -131.4k |
| PANAGORA ASSET MANAGEMENT INC 0.57% of their portfolio | 2.2m $152.5m | Reduced -773.8k |
| LSV ASSET MANAGEMENT 0.32% of their portfolio | 2.2m $150.4m | Reduced -50.8k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 2.2m $150.0m | Reduced -9.2k |
| Squarepoint Ops LLC 0.31% of their portfolio | 2.1m $143.3m | Added +990.0k |
| Man Group plc 0.29% of their portfolio | 2.1m $140.2m | Added +633.7k |
| HSBC HOLDINGS PLC 0.08% of their portfolio | 2.0m $138.3m | Reduced -1.5m |
| VANGUARD FIDUCIARY TRUST CO 0.03% of their portfolio | 2.0m $132.9m | First filing |
| Nuveen, LLC 0.03% of their portfolio | 1.9m $128.9m | Reduced -993.2k |
| Boston Partners 0.13% of their portfolio | 1.8m $124.3m | Reduced -2.0m |
| VOYA INVESTMENT MANAGEMENT LLC 0.12% of their portfolio | 1.8m $119.1m | Added +139.4k |
| Amundi 0.03% of their portfolio | 1.7m $118.6m | Reduced -200.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.48% of their portfolio | 1.7m $114.2m | Reduced -81.5k |
| BARCLAYS PLC 0.04% of their portfolio | 1.7m $112.5m | Added +581.3k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.6m $108.2m | Added +400.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.07% of their portfolio | 1.6m $111.1m | Added +312.1k |
| FMR LLC 0.01% of their portfolio | 1.6m $108.3m | Reduced -2.2m |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.51% of their portfolio | 1.5m $102.1m | Added +82.4k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.40% of their portfolio | 1.5m $101.8m | Reduced -1.3m |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 1.5m $98.8m | Added +126.1k |
| UBS Group AG 0.02% of their portfolio | 1.3m $91.0m | Reduced -804.9k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 1.3m $87.2m | Added +658.6k |
| PRUDENTIAL FINANCIAL INC 0.09% of their portfolio | 1.1m $75.8m | Added +889.2k |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 1.1m $73.9m | Added +697.0k |
| KBC Group NV 0.18% of their portfolio | 1.1m $72.9m | Reduced -35.2k |
| Swiss National Bank 0.04% of their portfolio | 1.1m $71.9m | Added +37.4k |
| National Pension Service 0.05% of their portfolio | 1.0m $70.0m | Added +64.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 967.8k $65.8m | Reduced -65.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 947.0k $64.4m | Reduced -9.8k |
| PFA Pension, Forsikringsaktieselskab 0.19% of their portfolio | 931.9k $63.4m | Reduced -70.3k |
| CITIGROUP INC 0.04% of their portfolio | 913.4k $62.1m | Reduced -215.0k |
| Quantinno Capital Management LP 0.10% of their portfolio | 902.0k $61.4m | Added +64.2k |
| CANADA LIFE ASSURANCE Co 0.11% of their portfolio | 899.3k $61.4m | Added +5.2k |
| Vanguard Global Advisers, LLC 0.03% of their portfolio | 872.5k $59.3m | First filing |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 855.4k $57.7m | Added +71.6k |
| SEI INVESTMENTS CO 0.05% of their portfolio | 844.1k $57.4m | Added +59.7k |
| California Public Employees Retirement System 0.03% of their portfolio | 827.4k $56.3m | Added +38.6k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 825.9k $56.2m | Added +233.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.04% of their portfolio | 794.9k $54.1m | Added +37.0k |
| Solel Partners LP 10.75% of their portfolio | 739.0k $50.3m | Unchanged |
| VANGUARD ASSET MANAGEMENT, Ltd 0.04% of their portfolio | 726.4k $49.4m | First filing |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.17% of their portfolio | 725.5k $49.4m | Reduced -329.0k |
| MACKENZIE FINANCIAL CORP 0.06% of their portfolio | 721.9k $49.1m | Added +111.0k |
| Hosking Partners LLP 1.76% of their portfolio | 721.2k $49.1m | Reduced -8.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 721.1k $49.0m | Reduced -243.9k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 689.2k $46.9m | Reduced -26.9k |
| Mitsubishi UFJ Trust & Banking Corp 0.12% of their portfolio | 687.7k $46.8m | Added +25.0k |
| MERCER GLOBAL ADVISORS INC /ADV 0.07% of their portfolio | 670.5k $45.6m | Added +5.7k |
| Vest Financial, LLC 0.54% of their portfolio | 658.0k $44.8m | Added +70.1k |
| Caisse de depot et placement du Quebec 0.07% of their portfolio | 617.8k $42.0m | Reduced -19.5k |
| Artemis Investment Management LLP 0.44% of their portfolio | 605.3k $41.2m | Added +340.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 601.9k $40.9m | Reduced -130.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% of their portfolio | 570.9k $38.8m | Reduced -372.3k |
| Eurizon Capital SGR S.p.A. 0.12% of their portfolio | 568.5k $38.6m | Added +93.5k |
| Aware Super Pty Ltd as trustee of Aware Super 0.58% of their portfolio | 559.9k $38.1m | First filing |
| FEDERATED HERMES, INC. 0.06% of their portfolio | 548.9k $37.3m | Reduced -227.2k |
| Assenagon Asset Management S.A. 0.06% of their portfolio | 545.9k $37.1m | Added +494.4k |
| Candriam S.C.A. 0.19% of their portfolio | 542.8k $36.9m | Added +36.0k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.09% of their portfolio | 526.1k $35.8m | Reduced -13.0k |
| Khrom Capital Management LLC 3.20% of their portfolio | 515.0k $35.0m | Reduced -415.4k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.06% of their portfolio | 503.0k $34.2m | Reduced -97.2k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 493.8k $41.2m | Added +40.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 479.9k $32.6m | Reduced -23.2k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.60% of their portfolio | 474.4k $32.3m | Added +47.2k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.07% of their portfolio | 469.3k $31.9m | Added +38.0k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 462.4k $31.5m | Reduced -72.3k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.12% of their portfolio | 459.2k $31.2m | New |
| Treasurer of the State of North Carolina 0.10% of their portfolio | 454.4k $30.9m | Added +27.6k |
| CSM Advisors, LLC 0.75% of their portfolio | 450.1k $30.6m | Reduced -71.9k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 448.8k $30.5m | Added +360.6k |
| Achmea Investment Management B.V. 0.78% of their portfolio | 435.6k $29.6m | Added +35.8k |
| GATEWAY INVESTMENT ADVISERS LLC 0.33% of their portfolio | 429.9k $29.2m | Added +21.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 429.7k $29.2m | Reduced -65.1k |
| STOREBRAND ASSET MANAGEMENT AS 0.08% of their portfolio | 419.6k $28.5m | Reduced -28.5k |