Cliff Asness's SYF Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 3.66 M shares of Synchrony Financial (SYF) worth $260.23 M, representing 0.17% of the portfolio. First purchased in 2014-Q3, this long-term strategic position has been held for 45 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in SYF, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2019, adding 4.28 M shares. Largest reduction occurred in Q2 2020, reducing 9.49 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Synchrony Financial (SYF) Holding Value Over Time
Track share changes against reported price movement
Quarterly Synchrony Financial (SYF) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q3 2014 | +729,352 | New Buy | 729,352 | $24.55 |
| Q4 2014 | -335,694 | Reduce 46.03% | 393,658 | $29.75 |
| Q1 2015 | -393,658 | Sold Out | 393,658 | $0.00 |
| Q2 2015 | +19,770 | New Buy | 19,770 | $32.93 |
| Q3 2015 | +206,789 | Add 1045.97% | 226,559 | $31.30 |
| Q4 2015 | +1.01 M | Add 446.59% | 1.24 M | $30.41 |
| Q1 2016 | +2.23 M | Add 179.84% | 3.47 M | $28.66 |
| Q2 2016 | +408,467 | Add 11.79% | 3.87 M | $25.28 |
| Q3 2016 | +501,932 | Add 12.96% | 4.38 M | $28.00 |
| Q4 2016 | +1.58 M | Add 36.09% | 5.95 M | $36.27 |
| Q1 2017 | -828,535 | Reduce 13.91% | 5.13 M | $34.30 |
| Q2 2017 | -3.79 M | Reduce 73.97% | 1.33 M | $29.82 |
| Q3 2017 | +2.3 M | Add 172.64% | 3.64 M | $31.05 |
| Q4 2017 | -2.18 M | Reduce 60.01% | 1.45 M | $38.61 |
| Q1 2018 | +1.35 M | Add 92.99% | 2.81 M | $33.53 |
| Q2 2018 | +3.95 M | Add 140.74% | 6.76 M | $33.38 |
| Q3 2018 | -2.78 M | Reduce 41.11% | 3.98 M | $31.08 |
| Q4 2018 | +2.59 M | Add 64.98% | 6.57 M | $23.46 |
| Q1 2019 | +4.28 M | Add 65.20% | 10.85 M | $31.90 |
| Q2 2019 | +2.85 M | Add 26.23% | 13.69 M | $34.47 |
| Q3 2019 | +2.65 M | Add 19.32% | 16.34 M | $33.75 |
| Q4 2019 | -2.76 M | Reduce 16.92% | 13.58 M | $36.01 |
| Q1 2020 | -772,476 | Reduce 5.69% | 12.8 M | $16.09 |
| Q2 2020 | -9.49 M | Reduce 74.16% | 3.31 M | $21.81 |
| Q3 2020 | -1.88 M | Reduce 56.74% | 1.43 M | $26.17 |
| Q4 2020 | -1.18 M | Reduce 82.28% | 253,660 | $34.26 |
| Q1 2021 | +55,381 | Add 21.83% | 309,041 | $40.66 |
| Q2 2021 | +15,834 | Add 5.12% | 324,875 | $48.31 |
| Q3 2021 | +74,012 | Add 22.78% | 398,887 | $48.88 |
| Q4 2021 | -239,039 | Reduce 59.93% | 159,848 | $46.39 |
| Q1 2022 | +627,712 | Add 392.69% | 787,560 | $34.81 |
| Q2 2022 | +1.5 M | Add 190.39% | 2.29 M | $27.27 |
| Q3 2022 | -237,873 | Reduce 10.40% | 2.05 M | $28.19 |
| Q4 2022 | -157,155 | Reduce 7.67% | 1.89 M | $32.51 |
| Q1 2023 | +2.87 M | Add 151.81% | 4.76 M | $28.34 |
| Q2 2023 | +118,620 | Add 2.49% | 4.88 M | $33.92 |
| Q3 2023 | -116,135 | Reduce 2.38% | 4.77 M | $30.57 |
| Q4 2023 | +908,621 | Add 19.06% | 5.68 M | $38.19 |
| Q1 2024 | -676,215 | Reduce 11.92% | 5 M | $42.95 |
| Q2 2024 | +727,649 | Add 14.56% | 5.73 M | $46.26 |
| Q3 2024 | -1.03 M | Reduce 17.99% | 4.7 M | $49.47 |
| Q4 2024 | -725,934 | Reduce 15.46% | 3.97 M | $65.00 |
| Q1 2025 | +50,162 | Add 1.26% | 4.02 M | $51.41 |
| Q2 2025 | +245,527 | Add 6.11% | 4.27 M | $66.74 |
| Q3 2025 | -603,675 | Reduce 14.15% | 3.66 M | $71.05 |
Cliff Asness's Synchrony Financial Investment FAQs
Cliff Asness first purchased Synchrony Financial (SYF) in Q3 2014, acquiring 729,352 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Synchrony Financial (SYF) for 45 quarters since Q3 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to Synchrony Financial (SYF) was in Q1 2019, adding 10,848,426 shares worth $346.06 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 3,662,691 shares of Synchrony Financial (SYF), valued at approximately $260.23 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Synchrony Financial (SYF) represents approximately 0.17% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in Synchrony Financial (SYF) was 16,339,728 shares, as reported at the end of Q3 2019. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.