13F-HR/A: Synovus Financial Corp Discloses Q3 2024 Holdings in 13F Filing

Synovus Financial Corp's latest 13F filing reveals a diverse portfolio of 1,496 holdings valued at over $8.6 billion as of September 30, 2024.

Summary

• Synovus Financial Corp has filed its 13F holdings report for the quarter ended September 30, 2024, which includes an amendment.
• The report details 1,496 holdings with a total value of $8,633,901,557.
• The filing includes holdings managed by Synovus Trust Co NA and Synovus Securities, Inc.
• The report indicates the number of shares held, their values, and the voting authority for each holding.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing, providing factual information about holdings. The sentiment is neutral to slightly positive due to the transparency it provides.

Positives

• The filing provides a comprehensive overview of Synovus Financial Corp's investment portfolio.
• The detailed information on each holding allows for a thorough analysis of the company's investment strategy.
• The inclusion of multiple managers provides a broader view of the company's investment activities.

Risks

• The report is a snapshot in time and does not reflect any changes in holdings since September 30, 2024.
• The market value of the holdings is subject to fluctuations and may have changed since the reporting date.
• The report does not provide any insight into the performance of the holdings.

Management Comments

• Wayne Akins, EVP Chief Community Banking & Wealth Services, signed the report on behalf of Synovus Financial Corp.

Industry Context

This 13F filing is a standard report for institutional investment managers and provides transparency into their holdings. It allows investors to understand the investment strategies of Synovus Financial Corp and compare them to other financial institutions.

Comparison to Industry Standards

• The 13F filing is a standard report required by the SEC for institutional investment managers managing over $100 million in assets.
• The number of holdings (1,496) and the total value ($8.6 billion) are within the range of other large financial institutions.
• The inclusion of multiple managers (Synovus Trust Co NA and Synovus Securities, Inc.) is common for larger financial firms with diverse investment strategies.
• The level of detail provided, including share counts, values, and voting authority, is consistent with industry standards for 13F filings.

Stakeholder Impact

• Shareholders can use this information to understand the investment strategy of Synovus Financial Corp.
• The report provides transparency to the market regarding the company's holdings.

Key Dates

Keywords

13F, holdings, investment, portfolio, Synovus, financial, securities, management