Cliff Asness's SYF Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 3.27 M shares of Synchrony Financial (SYF) worth $272.51 M, representing 0.14% of the portfolio. First purchased in 2014-Q3, this long-term strategic position has been held for 46 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
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -396,414 | Reduce 10.82% | 3.27 M | $83.43 |
| Q3 2025 | -603,675 | Reduce 14.15% | 3.66 M | $71.05 |
| Q2 2025 | +245,527 | Add 6.11% | 4.27 M | $66.74 |
| Q1 2025 | +50,162 | Add 1.26% | 4.02 M | $51.41 |
| Q4 2024 | -725,934 | Reduce 15.46% | 3.97 M | $65.00 |
| Q3 2024 | -1.03 M | Reduce 17.99% | 4.7 M | $49.47 |
| Q2 2024 | +727,649 | Add 14.56% | 5.73 M | $46.26 |
| Q1 2024 | -676,215 | Reduce 11.92% | 5 M | $42.95 |
| Q4 2023 | +908,621 | Add 19.06% | 5.68 M | $38.19 |
| Q3 2023 | -116,135 | Reduce 2.38% | 4.77 M | $30.57 |
| Q2 2023 | +118,620 | Add 2.49% | 4.88 M | $33.92 |
| Q1 2023 | +2.87 M | Add 151.81% | 4.76 M | $28.34 |
| Q4 2022 | -157,155 | Reduce 7.67% | 1.89 M | $32.51 |
| Q3 2022 | -237,873 | Reduce 10.40% | 2.05 M | $28.19 |
| Q2 2022 | +1.5 M | Add 190.39% | 2.29 M | $27.27 |
| Q1 2022 | +627,712 | Add 392.69% | 787,560 | $34.81 |
| Q4 2021 | -239,039 | Reduce 59.93% | 159,848 | $46.39 |
| Q3 2021 | +74,012 | Add 22.78% | 398,887 | $48.88 |
| Q2 2021 | +15,834 | Add 5.12% | 324,875 | $48.31 |
| Q1 2021 | +55,381 | Add 21.83% | 309,041 | $40.66 |
| Q4 2020 | -1.18 M | Reduce 82.28% | 253,660 | $34.26 |
| Q3 2020 | -1.88 M | Reduce 56.74% | 1.43 M | $26.17 |
| Q2 2020 | -9.49 M | Reduce 74.16% | 3.31 M | $21.81 |
| Q1 2020 | -772,476 | Reduce 5.69% | 12.8 M | $16.09 |
| Q4 2019 | -2.76 M | Reduce 16.92% | 13.58 M | $36.01 |
| Q3 2019 | +2.65 M | Add 19.32% | 16.34 M | $33.75 |
| Q2 2019 | +2.85 M | Add 26.23% | 13.69 M | $34.47 |
| Q1 2019 | +4.28 M | Add 65.20% | 10.85 M | $31.90 |
| Q4 2018 | +2.59 M | Add 64.98% | 6.57 M | $23.46 |
| Q3 2018 | -2.78 M | Reduce 41.11% | 3.98 M | $31.08 |
| Q2 2018 | +3.95 M | Add 140.74% | 6.76 M | $33.38 |
| Q1 2018 | +1.35 M | Add 92.99% | 2.81 M | $33.53 |
| Q4 2017 | -2.18 M | Reduce 60.01% | 1.45 M | $38.61 |
| Q3 2017 | +2.3 M | Add 172.64% | 3.64 M | $31.05 |
| Q2 2017 | -3.79 M | Reduce 73.97% | 1.33 M | $29.82 |
| Q1 2017 | -828,535 | Reduce 13.91% | 5.13 M | $34.30 |
| Q4 2016 | +1.58 M | Add 36.09% | 5.95 M | $36.27 |
| Q3 2016 | +501,932 | Add 12.96% | 4.38 M | $28.00 |
| Q2 2016 | +408,467 | Add 11.79% | 3.87 M | $25.28 |
| Q1 2016 | +2.23 M | Add 179.84% | 3.47 M | $28.66 |
| Q4 2015 | +1.01 M | Add 446.59% | 1.24 M | $30.41 |
| Q3 2015 | +206,789 | Add 1045.97% | 226,559 | $31.30 |
| Q2 2015 | +19,770 | New Buy | 19,770 | $32.93 |
| Q1 2015 | -393,658 | Sold Out | 0 | $0.00 |
| Q4 2014 | -335,694 | Reduce 46.03% | 393,658 | $29.75 |
| Q3 2014 | +729,352 | New Buy | 729,352 | $24.55 |
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 46 quarters since Q3 2014.
Cliff Asness's largest addition to Synchrony Financial (SYF) was in Q1 2019, adding 10,848,426 shares worth $346.06 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 3,266,277 shares of Synchrony Financial (SYF), valued at approximately $272.51 M.
As of the Q4 2025 filing, Synchrony Financial (SYF) represents approximately 0.14% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Synchrony Financial (SYF) was 16,339,728 shares, as reported at the end of Q3 2019.