Vault-13

SYNEOS HEALTH INC INCR

CL A · Common Stock · CUSIP 87166B102 · ISIN US87166B1026

Contract research organization

317 institutional holders +10 vs Q1 2023
103,205,751103.2m shares reported held*
$4.3bnreported value*
74 new 70 added 125 reduced 71 sold out net sold ≈ $494.3m (-11.6m 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 ($2.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $42.09. Options: 8 managers hold calls ($2.6m notional), 7 hold puts ($4.8m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 336Q4 22: 307Q1 23: 307Q2 23: 317317Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022336
Q4 2022307
Q1 2023307
Q2 2023317

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 160 bought or addedQ4 22: 181 cut or sold outQ4 22Q1 23: 162 bought or addedQ1 23: 150 cut or sold outQ1 23Q2 23: 144 bought or addedQ2 23: 196 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022160181
Q1 2023162150
Q2 2023144196

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ3 22 calls: $1.6mQ3 22 puts: $14.0kQ3 22P/C 0.01Q4 22 calls: $6.9mQ4 22 puts: $2.8mQ4 22P/C 0.40Q1 23 calls: $6.2mQ1 23 puts: $3.4mQ1 23P/C 0.55Q2 23 calls: $2.6mQ2 23 puts: $4.8mQ2 23P/C 1.85
Numbers
QuarterCallsPutsP/C
Q3 2022$1.6m$14.0k0.01
Q4 2022$6.9m$2.8m0.40
Q1 2023$6.2m$3.4m0.55
Q2 2023$2.6m$4.8m1.85

Biggest buyers

Elliott Investment Management L.P. New +3,299,476+3.3m
FARALLON CAPITAL MANAGEMENT, L.L.C. Added +2,603,000+2.6m
GLAZER CAPITAL, LLC New +2,352,886+2.4m
Pentwater Capital Management LP Added +1,880,795+1.9m
BARCLAYS PLC Added +1,604,446+1.6m
DEUTSCHE BANK AG\ Added +1,545,140+1.5m
Magnetar Financial LLC New +1,434,586+1.4m
TORONTO DOMINION BANK New +1,430,000+1.4m
TIG Advisors, LLC New +1,373,264+1.4m
KRYGER CAPITAL Ltd New +1,203,858+1.2m

Biggest sellers

WELLINGTON MANAGEMENT GROUP LLP Sold out -7,509,348-7.5m
FMR LLC Reduced -4,322,817-4.3m
NOMURA HOLDINGS INC Sold out -2,631,710-2.6m
EARNEST PARTNERS LLC Reduced -2,590,741-2.6m
Clearbridge Investments, LLC Reduced -2,576,524-2.6m
D. E. Shaw & Co., Inc. Reduced -1,932,876-1.9m
MACKENZIE FINANCIAL CORP Reduced -1,857,642-1.9m
JPMORGAN CHASE & CO Reduced -1,737,501-1.7m
ALLIANCEBERNSTEIN L.P. Reduced -1,609,369-1.6m
Assenagon Asset Management S.A. Sold out -1,531,569-1.5m

Biggest calls

CITADEL ADVISORS LLC Added $1.2m28.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $821.7k19.5k shares
GROUP ONE TRADING LLC Added $261.3k6.2k shares
JANE STREET GROUP, LLC Reduced $236.0k5.6k shares
SIMPLEX TRADING, LLC Unchanged $50.0k1.2k shares
Schonfeld Strategic Advisors LLC New $2.5k25.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
FIFTH LANE CAPITAL, LP New $00 shares

Biggest puts

PRICE T ROWE ASSOCIATES INC /MD/ New $1.4m33.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.4m32.6k shares
GROUP ONE TRADING LLC Reduced $1.3m30.3k shares
SIMPLEX TRADING, LLC Added $484.0k11.5k shares
MILLENNIUM MANAGEMENT LLC New $240.2k5.7k shares
CITADEL ADVISORS LLC Reduced $8.4k200 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.

Insider purchases and sales in Q2 2023

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.

None reported in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 10,283,48810.3m $433.3m $433.3m 0.01% Reduced -165.7k -165,675
2 BlackRock Inc. 0.01% of their portfolio New York, NY 9,930,4309.9m $418.5m $418.5m 0.01% Reduced -575.3k -575,313
3 BARCLAYS PLC 0.13% of their portfolio LONDON, X0 4,664,9404.7m $196.6m $196.6m 0.13% Added +1.6m +1,604,446
4 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 2.98% of their portfolio CHICAGO, IL 3,342,6223.3m $140.9m $140.9m 2.98% Not comparable
5 Elliott Investment Management L.P. 1.66% of their portfolio WEST PALM BEACH, FL 3,299,4763.3m $139.0m $139.0m 1.66% New
6 HBK INVESTMENTS L P 4.35% of their portfolio DALLAS, TX 3,250,0003.2m $137.0m $137.0m 4.35% Not comparable
7 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.77% of their portfolio SAN FRANCISCO, CA 3,075,0003.1m $129.6m $129.6m 0.77% Added +2.6m +2,603,000
8 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 2,885,9442.9m $121.6m $121.6m 0.01% Added +31.6k +31,564
9 GLAZER CAPITAL, LLC 6.56% of their portfolio New York, NY 2,352,8862.4m $99.2m $99.2m 6.56% New
10 TWO SIGMA ADVISERS, LP 0.22% of their portfolio NEW YORK, NY 2,033,1002.0m $85.7m $85.7m 0.22% Added +1.2m +1,168,100
11 Pentwater Capital Management LP 1.04% of their portfolio Naples, FL 1,970,0002.0m $83.0m $83.0m 1.04% Added +1.9m +1,880,795
12 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,899,4971.9m $80.0m $80.0m 0.01% Added +329.0k +328,982
13 DEUTSCHE BANK AG\ 0.04% of their portfolio FRANKFURT AM MAIN, 2M 1,624,4471.6m $68.5m $68.5m 0.04% Added +1.5m +1,545,140
14 Balyasny Asset Management L.P. 0.19% of their portfolio Chicago, IL 1,620,8791.6m $68.3m $68.3m 0.19% Added +863.3k +863,267
15 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 1,607,6551.6m $67.7m $67.7m 0.02% Added +157.9k +157,867
16 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,600,3561.6m $67.4m $67.4m 0.01% Added +68.4k +68,407
17 Clearbridge Investments, LLC 0.06% of their portfolio NEW YORK, NY 1,572,4041.6m $66.3m $66.3m 0.06% Reduced -2.6m -2,576,524
18 Magnetar Financial LLC 1.33% of their portfolio EVANSTON, IL 1,434,5861.4m $60.5m $60.5m 1.33% New
19 TORONTO DOMINION BANK 0.04% of their portfolio TORONTO, ONTARIO, A6 1,430,0001.4m $60.2m $60.2m 0.04% New
20 TIG Advisors, LLC 3.48% of their portfolio New York, NY 1,373,2641.4m $57.9m $57.9m 3.48% New
21 D. E. Shaw & Co., Inc. 0.09% of their portfolio New York, NY 1,346,8981.3m $56.8m $56.8m 0.09% Reduced -1.9m -1,932,876
22 ArrowMark Colorado Holdings LLC 0.57% of their portfolio Denver, CO 1,228,2171.2m $51.8m $51.8m 0.57% Added +1.1m +1,093,217
23 FMR LLC 0.00% of their portfolio BOSTON, MA 1,211,1511.2m $51.0m $51.0m 0.00% Reduced -4.3m -4,322,817
24 KRYGER CAPITAL Ltd 5.19% of their portfolio LONDON, X0 1,203,8581.2m $50.7m $50.7m 5.19% New
25 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 1,203,3161.2m $50.7m $50.7m 0.05% Added +206.2k +206,220
26 BANK OF NOVA SCOTIA 0.12% of their portfolio TORONTO, A6 1,124,2301.1m $47.4m $47.4m 0.12% Added +762.4k +762,413
27 AQR CAPITAL MANAGEMENT LLC 0.10% of their portfolio Greenwich, CT 1,093,5821.1m $46.1m $46.1m 0.10% Reduced -1.4m -1,352,342
28 Davidson Kempner Capital Management LP 0.97% of their portfolio New York, NY 1,090,5461.1m $46.0m $46.0m 0.97% Not comparable
29 FIRST TRUST ADVISORS LP 0.05% of their portfolio Wheaton, IL 1,051,2751.1m $44.3m $44.3m 0.05% Added +4.2k +4,231
30 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,010,6311.0m $42.6m $42.6m 0.01% Reduced -23.0k -23,022
31 Segantii Capital Management Ltd 2.48% of their portfolio HONG KONG, K3 1,000,0001.0m $42.1m $42.1m 2.48% New
32 FIL Ltd 0.05% of their portfolio HAMILTON, D0 957,000957.0k $40.3m $40.3m 0.05% New
33 TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio NEW YORK, NY 910,900910.9k $38.4m $38.4m 0.10% Added +260.8k +260,813
34 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 769,094769.1k $32.4m $32.4m 0.01% Reduced -423.7k -423,703
35 Man Group plc 0.10% of their portfolio LONDON, X0 760,000760.0k $32.0m $32.0m 0.10% New
36 WATER ISLAND CAPITAL LLC 2.95% of their portfolio NEW YORK, NY 751,590751.6k $31.7m $31.7m 2.95% New
37 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 711,005711.0k $30.0m $30.0m 0.01% Reduced -24.2k -24,153
38 Woodline Partners LP 0.35% of their portfolio San Francisco, CA 703,500703.5k $29.6m $29.6m 0.35% Added +591.3k +591,291
39 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 691,432691.4k $29.1m $29.1m 0.01% Reduced -141.8k -141,843
40 Westchester Capital Management, LLC 0.96% of their portfolio VALHALLA, NY 659,870659.9k $27.8m $27.8m 0.96% New
41 PICTET ASSET MANAGEMENT SA 0.03% of their portfolio GENEVA 73, V8 639,840639.8k $27.0m $27.0m 0.03% Added +134.2k +134,244
42 RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio NEW YORK, NY 618,600618.6k $26.1m $26.1m 0.04% Added +328.9k +328,900
43 NORGES BANK 0.00% of their portfolio OSLO, Q8 557,790557.8k $23.5m $23.5m 0.00% Added +14.5k +14,463
44 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 554,483554.5k $23.4m $23.4m 0.00% Reduced -1.7m -1,737,501
45 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 503,676503.7k $21.2m $21.2m 0.00% Reduced -1.5m -1,512,971
46 California Public Employees Retirement System 0.02% of their portfolio Sacramento, CA 460,160460.2k $19.4m $19.4m 0.02% Unchanged
47 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 451,271451.3k $19.0m $19.0m 0.01% Added +367.4k +367,445
48 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 449,573449.6k $18.9m $18.9m 0.03% Added +432.8k +432,828
49 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.08% of their portfolio TORONTO, A6 431,796431.8k $18.2m $18.2m 0.08% Added +6.4k +6,370
50 Verition Fund Management LLC 0.27% of their portfolio GREENWICH, CT 407,097407.1k $17.2m $17.2m 0.27% New
51 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 407,036407.0k $17.2m $17.2m 0.01% Reduced -1.6m -1,609,369
52 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 391,025391.0k $16.5m $16.5m 0.01% Reduced -967.1k -967,139
53 New York Life Investment Management LLC 0.17% of their portfolio New York, NY 390,877390.9k $16.5m $16.5m 0.17% New
54 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 390,106390.1k $16.4m $16.4m 0.01% Reduced -4.7k -4,731
55 Russell Investments Group, Ltd. 0.03% of their portfolio Seattle, WA 382,471382.5k $16.1m $16.1m 0.03% Reduced -564.5k -564,461
56 TOKIO MARINE ASSET MANAGEMENT CO LTD 1.01% of their portfolio Tokyo, M0 376,100376.1k $15.8m $15.8m 1.01% New
57 ALPINE ASSOCIATES MANAGEMENT INC. 0.67% of their portfolio PALM BEACH, FL 355,500355.5k $15.0m $15.0m 0.67% New
58 PICTON MAHONEY ASSET MANAGEMENT 0.72% of their portfolio Toronto, A6 350,000350.0k $14.7m $14.7m 0.72% New
59 REINHART PARTNERS, LLC. 0.70% of their portfolio MEQUON, WI 327,376327.4k $13.8m $13.8m 0.70% Reduced -101.0k -101,050
60 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 327,189327.2k $13.8m $13.8m 0.02% Added +7.3k +7,335
61 Sessa Capital IM, L.P. 0.68% of their portfolio NEW YORK, NY 325,000325.0k $13.7m $13.7m 0.68% Reduced -587.6k -587,586
62 Berry Street Capital Management LLP 5.61% of their portfolio LONDON, X0 312,500312.5k $13.2m $13.2m 5.61% New
63 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 306,681306.7k $12.9m $12.9m 0.00% Reduced -37.2k -37,233
64 BARDIN HILL MANAGEMENT PARTNERS LP 3.21% of their portfolio NEW YORK, NY 289,686289.7k $12.2m $12.2m 3.21% New
65 AQR Arbitrage LLC 0.52% of their portfolio Greenwich, CT 285,669285.7k $12.0m $12.0m 0.52% New
66 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio Boston, MA 275,000275.0k $11.6m $11.6m 0.03% New
67 Grantham, Mayo, Van Otterloo & Co. LLC 0.05% of their portfolio Boston, MA 274,296274.3k $11.6m $11.6m 0.05% New
68 Sand Grove Capital Management LLP 1.73% of their portfolio LONDON, X0 273,109273.1k $11.5m $11.5m 1.73% New
69 UBS Group AG 0.00% of their portfolio ZURICH, V8 269,403269.4k $11.4m $11.4m 0.00% Added +265.7k +265,679
70 Ergoteles LLC 0.54% of their portfolio NEW YORK, NY 267,309267.3k $11.3m $11.3m 0.54% Added +227.8k +227,767
71 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 262,833262.8k $11.1m $11.1m 0.01% Reduced -53.6k -53,563
72 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 253,993254.0k $10.7m $10.7m 0.00% Reduced -1.2m -1,165,381
73 Boston Partners 0.01% of their portfolio BOSTON, MA 248,969249.0k $10.5m $10.5m 0.01% Reduced -523.8k -523,802
74 Public Sector Pension Investment Board 0.07% of their portfolio MONTREAL, A8 237,000237.0k $10.0m $10.0m 0.07% Unchanged
75 Swiss National Bank 0.01% of their portfolio ZURICH, V8 224,777224.8k $9.5m $9.5m 0.01% Added +2.7k +2,700
76 P SCHOENFELD ASSET MANAGEMENT LP 1.27% of their portfolio NEW YORK, NY 222,104222.1k $9.4m $9.4m 1.27% New
77 GABELLI FUNDS LLC 0.07% of their portfolio Rye, NY 211,577211.6k $8.9m $8.9m 0.07% New
78 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 209,537209.5k $8.8m $8.8m 0.01% Added +113.0k +113,031
79 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.03% of their portfolio Paris, I0 204,630204.6k $8.6m $8.6m 0.03% Reduced -41.4k -41,370
80 ING GROEP NV 0.06% of their portfolio AMSTERDAM, P7 200,000200.0k $8.4m $8.4m 0.06% Unchanged
81 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 195,307195.3k $8.2m $8.2m 0.01% Reduced -347.3k -347,287
82 Schonfeld Strategic Advisors LLC 0.07% of their portfolio NEW YORK, NY 189,671189.7k $8.0m $8.0m 0.07% Added +181.0k +180,971
83 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 186,224186.2k $7.8m $7.8m 0.00% Reduced -1.9k -1,929
84 Kellner Capital, LLC 8.98% of their portfolio NEW YORK, NY 185,400185.4k $7.8m $7.8m 8.98% New
85 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.09% of their portfolio New York, NY 183,184183.2k $7.7m $7.7m 0.09% Reduced -4.1k -4,106
86 GABELLI & Co INVESTMENT ADVISERS, INC. 1.28% of their portfolio Rye, NY 180,900180.9k $7.6m $7.6m 1.28% New
87 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 177,477177.5k $7.5m $7.5m 0.01% Added +161.7k +161,737
88 STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio MADISON, WI 161,668161.7k $6.8m $6.8m 0.02% Added +38.3k +38,277
89 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 158,242158.2k $5.6m $5.6m 0.00% Unchanged
90 AMERICAN INTERNATIONAL GROUP, INC. 0.04% of their portfolio New York, NY 156,345156.3k $6.6m $6.6m 0.04% Reduced -2.5k -2,517
91 Gotham Asset Management, LLC 0.14% of their portfolio NEW YORK, NY 156,179156.2k $6.6m $6.6m 0.14% Added +34.9k +34,929
92 Legal & General Group Plc 0.00% of their portfolio London, X0 154,510154.5k $6.5m $6.5m 0.00% Reduced -1.5k -1,481
93 Capula Management Ltd 0.72% of their portfolio Grand Cayman, E9 142,507142.5k $6.0m $6.0m 0.72% Not comparable
94 Retirement Systems of Alabama 0.03% of their portfolio MONTGOMERY, AL 133,584133.6k $5.6m $5.6m 0.03% Reduced -872 -872
95 PRELUDE CAPITAL MANAGEMENT, LLC 0.47% of their portfolio NEW YORK, NY 132,619132.6k $5.6m $5.6m 0.47% New
96 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 130,850130.8k $5.5m $5.5m 0.02% Reduced -583.4k -583,402
97 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 126,203126.2k $5.3m $5.3m 0.01% Reduced -6.6k -6,581
98 WINTON GROUP Ltd 0.44% of their portfolio LONDON, X0 124,376124.4k $5.2m $5.2m 0.44% New
99 MARTIN & CO INC /TN/ 1.26% of their portfolio Knoxville, TN 118,550118.5k $5.0m $5.0m 1.26% Added +20.7k +20,653
100 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 115,502115.5k $4.9m $4.9m 0.00% Reduced -6.5k -6,528