Truist Financial Corp (TFC) Ownership

38.84 ↑0.78 (2.05%)

As of April 23, 2024, 3:59pm EST.

Institutions
Mutual Funds

Institutional Ownership

Vanguard Group Inc is the biggest individual institutional holder of Truist Financial Corp (TFC), owning a total of 118 million shares. Combined, the top 30 institutional holders of TFC own 52.98% of the company with a total of 706.8 million shares.

In the latest ownership report on December 31st 2023, the top 30 institutional holders increased their combined ownership of TFC by 38.8 million shares. 16 institutions bought 44,775,694 total additional shares and increased their ownership by an average of 22.15%. However 6 institutions sold 5,959,287 total shares and decreased their ownership by an average of 8.9%.

Overall this is a positive sign as the number of shares owned by the top 20 institutional holders of Truist Financial Corp increased by a net total of 38,816,407 in the latest quarter.

Institution Ownership Chart

Latest Institutional Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Group Inc	8.838%	0.581%	117,952,471	680,843	2023-12-31
BlackRock Inc	7.303%	1.408%	97,462,687	1,352,803	2023-12-31
State Street Corporation	4.673%	5.824%	62,359,468	3,431,943	2023-12-31
Dodge & Cox	3.984%	0.230%	53,173,840	121,890	2023-12-31
Bank of America Corp	1.942%	24.393%	25,918,498	5,082,516	2023-12-31
Amundi	1.932%	11.689%	25,783,329	2,698,326	2023-12-31
Geode Capital Management, LLC	1.921%	2.465%	25,638,768	616,687	2023-12-31
Morgan Stanley - Brokerage Accounts	1.754%	52.312%	23,401,416	8,037,278	2023-12-31
JPMorgan Chase & Co	1.734%	44.654%	23,138,134	7,142,619	2023-12-31
Charles Schwab Investment Management Inc	1.442%	8.202%	19,238,388	1,458,248	2023-12-31
FMR Inc	1.200%	29.553%	16,009,846	3,652,050	2023-12-31
Royal Bank of Canada	1.177%	2.114%	15,710,050	325,160	2023-12-31
Northern Trust Corp	0.966%	-3.255%	12,896,405	-433,829	2023-12-31
Goldman Sachs Group Inc	0.886%	131.721%	11,819,066	6,718,507	2023-12-31
Bank of New York Mellon Corp	0.842%	12.744%	11,230,044	1,269,399	2023-12-31
Harris Associates L.P.	0.775%	-3.496%	10,339,874	-374,621	2023-12-31
Legal & General Group PLC	0.770%	25.446%	10,273,129	2,083,863	2023-12-31
Federated Hermes Inc	0.749%	-1.909%	10,000,078	-194,579	2023-12-31
Macquarie Group Ltd	0.741%	-16.269%	9,894,391	-1,922,515	2023-12-31
American Century Companies Inc	0.725%	1.082%	9,672,133	103,562	2023-12-31
Franklin Resources Inc	0.697%	-14.670%	9,295,135	-1,597,961	2023-12-31
Amvescap Plc.	0.671%	-13.831%	8,945,248	-1,435,782	2023-12-31

Top Institutions

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Group Inc	8.838%	0.581%	117,952,471	680,843	2023-12-31
BlackRock Inc	7.303%	1.408%	97,462,687	1,352,803	2023-12-31
State Street Corporation	4.673%	5.824%	62,359,468	3,431,943	2023-12-31
Dodge & Cox	3.984%	0.230%	53,173,840	121,890	2023-12-31
Bank of America Corp	1.942%	24.393%	25,918,498	5,082,516	2023-12-31
Amundi	1.932%	11.689%	25,783,329	2,698,326	2023-12-31
Geode Capital Management, LLC	1.921%	2.465%	25,638,768	616,687	2023-12-31
Morgan Stanley - Brokerage Accounts	1.754%	52.312%	23,401,416	8,037,278	2023-12-31
JPMorgan Chase & Co	1.734%	44.654%	23,138,134	7,142,619	2023-12-31
Charles Schwab Investment Management Inc	1.442%	8.202%	19,238,388	1,458,248	2023-12-31
FMR Inc	1.200%	29.553%	16,009,846	3,652,050	2023-12-31
Royal Bank of Canada	1.177%	2.114%	15,710,050	325,160	2023-12-31
Massachusetts Financial Services Company	1.101%	-3.996%	14,687,118	-611,245	2023-09-30
Northern Trust Corp	0.966%	-3.255%	12,896,405	-433,829	2023-12-31
NORGES BANK	0.966%	6.028%	12,868,179	731,624	2022-12-31
Diamond Hill Capital Management Inc	0.964%	-14.985%	12,861,706	-2,266,992	2023-09-30
Boston Partners Global Investors, Inc	0.939%	-15.895%	12,460,549	-2,354,928	2022-06-30
Wellington Management Company LLP	0.936%	-47.559%	12,460,317	-11,300,186	2023-03-31
Goldman Sachs Group Inc	0.886%	131.721%	11,819,066	6,718,507	2023-12-31
Bank of New York Mellon Corp	0.842%	12.744%	11,230,044	1,269,399	2023-12-31
Capital Research & Mgmt Co - Division 3	0.829%	18.606%	11,053,948	1,734,025	2023-06-30
Citadel Advisors Llc	0.799%	1.349%	10,654,780	141,766	2023-06-30
Harris Associates L.P.	0.775%	-3.496%	10,339,874	-374,621	2023-12-31
Legal & General Group PLC	0.770%	25.446%	10,273,129	2,083,863	2023-12-31
Federated Hermes Inc	0.749%	-1.909%	10,000,078	-194,579	2023-12-31
Macquarie Group Ltd	0.741%	-16.269%	9,894,391	-1,922,515	2023-12-31
American Century Companies Inc	0.725%	1.082%	9,672,133	103,562	2023-12-31
Barclays PLC	0.722%	107.817%	9,577,641	4,968,947	2022-06-30
Franklin Resources Inc	0.697%	-14.670%	9,295,135	-1,597,961	2023-12-31
Amvescap Plc.	0.671%	-13.831%	8,945,248	-1,435,782	2023-12-31

Mutual Fund Ownership

Vanguard Total Stock Mkt Idx Inv is the biggest individual fund holder of Truist Financial Corp (TFC), owning a total of 41.9 million shares. Combined, the top 37 mutual fund holders of TFC own 36.06% of the company with a total of 480.9 million shares.

In the latest ownership report on March 31st 2024, the top 37 fund holders increased their combined ownership of TFC by 8.4 million shares. 2 funds bought 8,669,806 total additional shares and increased their ownership by an average of 0.20%. However 3 funds sold 288,329 total shares and decreased their ownership by an average of 0.95%.

Overall this is a positive sign as the number of shares owned by the top 20 mutual funds holding Truist Financial Corp increased by a net total of 8,381,477 in the latest report.

Mutual Funds Chart

Latest Mutual Fund Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
SPDR® S&P 500 ETF Trust	1.202%	-0.774%	16,046,948	-125,136	2024-03-31
Financial Select Sector SPDR® ETF	0.660%	-0.126%	8,809,499	-11,132	2024-03-31
JPM US Equity Income-Composite	0.648%	0.000%	8,644,606	8,644,606	2024-03-31
Pioneer US Large Core Equity	0.576%	-1.940%	7,685,270	-152,061	2024-03-31
State St S&P 500® Indx SL Cl III	0.485%	0.391%	6,478,686	25,200	2024-03-31

Top Mutual Funds

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Total Stock Mkt Idx Inv	3.136%	-0.215%	41,855,966	-90,051	2024-02-29
Vanguard Instl Ttl Stck Mkt Idx Tr	3.080%	1.797%	41,081,933	725,121	2023-03-31
Dodge & Cox Stock I	2.565%	0.000%	34,231,377	0	2023-12-31
2ndVote Advisers SDI Index	2.499%	0.000%	33,329,709	0	2023-03-31
Vanguard Institutional 500 Index Trust	2.495%	1.051%	33,301,274	346,295	2024-02-29
Vanguard 500 Index Investor	2.409%	0.601%	32,083,270	191,641	2023-08-31
SPDR® S&P 500 ETF Trust	1.202%	-0.774%	16,046,948	-125,136	2024-03-31
Fidelity 500 Index	1.199%	1.017%	15,995,272	160,961	2024-02-29
Fidelity® 500 Index	1.164%	0.641%	15,521,262	98,778	2023-11-30
iShares Core S&P 500 ETF	1.036%	0.741%	13,825,947	101,632	2024-03-28
Nomura US Value Strategy Mother Fund	0.864%	14,176.200%	11,520,900	11,440,200	2023-04-27
Vanguard Value Index Inv	0.835%	0.345%	11,149,158	38,278	2024-02-29
JPMorgan US Equity L	0.785%	3.217%	10,452,397	325,728	2023-02-28
Financial Select Sector SPDR® ETF	0.660%	-0.126%	8,809,499	-11,132	2024-03-31
Vanguard Institutional Index I	0.658%	-0.396%	8,785,957	-34,965	2024-02-29
JPM US Equity Income-Composite	0.648%	0.000%	8,644,606	8,644,606	2024-03-31
iShares Select Dividend ETF	0.637%	0.413%	8,506,474	35,020	2024-03-28
Vanguard Dividend Appreciation ETF	0.634%	-0.020%	8,421,510	-1,669	2023-02-28
Oakmark Investor	0.589%	-5.981%	7,860,000	-500,000	2023-12-31
Pioneer A	0.581%	0.000%	7,748,445	0	2024-02-29
Pioneer US Large Core Equity	0.576%	-1.940%	7,685,270	-152,061	2024-03-31
Vanguard Equity-Income Inv	0.570%	-31.568%	7,586,266	-3,499,629	2023-03-31
MFS Large Cap Value (SMA)	0.530%	0.000%	7,069,710	7,069,710	2023-06-30
Vanguard Wellesley® Income Inv	0.524%	-0.711%	6,976,933	-49,954	2023-01-31
American Funds American Mutual A	0.522%	-25.541%	6,957,263	-2,386,501	2023-03-31
Capital Group American Mutual Comp	0.522%	-25.541%	6,957,263	-2,386,501	2023-03-31
MFS Value A	0.516%	-1.285%	6,883,028	-89,565	2023-09-30
MFS Large Cap Value Equity	0.516%	-2.641%	6,883,028	-186,682	2023-09-30
Diamond Hill Large Cap Inv	0.514%	-10.926%	6,839,751	-839,004	2023-05-31
Federated Hermes Strategic Val Dividend	0.503%	0.000%	6,718,811	0	2023-12-31
Federated Hermes Strategic Value Div IS	0.503%	0.000%	6,718,811	0	2023-12-31
State St S&P 500® Indx SL Cl III	0.485%	0.391%	6,478,686	25,200	2024-03-31
Diamond Hill Large Cap Equity	0.482%	-7.895%	6,430,396	-551,215	2023-11-30
Franklin Income A1	0.450%	0.000%	6,000,000	0	2024-02-29
Vanguard High Dividend Yield ETF	0.444%	0.193%	5,923,615	11,395	2024-02-29
JPMorgan Equity Income I	0.366%	-1.001%	4,879,322	-49,335	2024-02-29
Blackrock Eq Idx Fund CF	0.357%	0.836%	4,766,259	39,524	2023-12-31