SYNCHRONY FINANCIAL

Ticker: SYF CUSIP: 87165B103 Class: COM

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
VANGUARD GROUP INC45,833,824$3,823,916
Capital World Investors38,326,315$3,197,564
BlackRock, Inc.31,172,993$2,600,763
STATE STREET CORP18,437,769$1,538,263
BANK OF AMERICA CORP /DE/16,158,110$1,348,071
GEODE CAPITAL MANAGEMENT, LLC9,908,152$830,519
GOLDMAN SACHS GROUP INC8,678,580$724,054
PAR CAPITAL MANAGEMENT INC7,500,000$625,725
MORGAN STANLEY6,230,111$519,778
DIMENSIONAL FUND ADVISORS LP5,674,400$473,449
Invesco Ltd.5,490,921$458,108
AMERIPRISE FINANCIAL INC5,353,086$446,610
NORDEA INVESTMENT MANAGEMENT AB5,134,903$431,999
NORTHERN TRUST CORP5,089,406$424,609
FIRST TRUST ADVISORS LP5,056,659$421,877
UBS ASSET MANAGEMENT AMERICAS INC4,867,380$406,086
NORGES BANK4,593,447$383,231
ASSETMARK, INC4,301,490$358,873
Allianz Asset Management GmbH4,019,401$335,339
Boston Partners3,847,913$320,979
FMR LLC3,819,960$318,699
AQR CAPITAL MANAGEMENT LLC3,266,277$272,505
CHARLES SCHWAB INVESTMENT MANAGEMENT INC3,026,386$252,491
PANAGORA ASSET MANAGEMENT INC3,016,155$251,638
Legal & General Group Plc3,016,134$251,636
Nuveen, LLC2,887,882$240,936
Robeco Institutional Asset Management B.V.2,825,052$235,694
LOS ANGELES CAPITAL MANAGEMENT LLC2,786,730$205,075
Bank of New York Mellon Corp2,697,510$225,053
MASSACHUSETTS FINANCIAL SERVICES CO /MA/2,466,493$205,780
LSV ASSET MANAGEMENT2,261,729$189
DEUTSCHE BANK AG\2,214,865$184,786
UBS Group AG2,142,800$178,774
Amundi1,943,198$162,121
HSBC HOLDINGS PLC1,790,579$149,546
JACOBS LEVY EQUITY MANAGEMENT, INC1,760,610$146,888
AustralianSuper Pty Ltd1,672,728$139,556
Voya Investment Management LLC1,615,720$134,418
Qube Research & Technologies Ltd1,578,240$131,673
Man Group plc1,427,882$119,128
O'SHAUGHNESSY ASSET MANAGEMENT, LLC1,418,906$118,379
AMERICAN CENTURY COMPANIES INC1,326,468$110,667
VICTORY CAPITAL MANAGEMENT INC1,321,506$110,253
JPMORGAN CHASE & CO1,238,763$103,350
CITIGROUP INC1,128,363$94,139
Squarepoint Ops LLC1,116,203$93,125
KBC Group NV1,106,367$92
BARCLAYS PLC1,072,643$89,491
SCHRODER INVESTMENT MANAGEMENT GROUP1,032,980$86,182
Swiss National Bank1,019,543$85,060
PFA Pension, Forsikringsaktieselskab1,002,177$84,494
BNP PARIBAS ARBITRAGE, SA965,007$80,511
National Pension Service964,955$80,506
Sumitomo Mitsui Trust Holdings, Inc.956,854$79,830
BNP Paribas Investment Partners S.A.943,177$79
Khrom Capital Management LLC930,426$77,625
GREAT WEST LIFE ASSURANCE CO /CAN/894,069$75
Quantinno Capital Management LP837,835$69,901
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM788,754$65,806
SEI INVESTMENTS CO784,365$65,439
Russell Investments Group, Ltd.783,802$65,560
FEDERATED HERMES, INC.776,158$64,755
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.757,994$64,164
Solel Partners LP739,000$61,655
PRICE T ROWE ASSOCIATES INC /MD/732,067$61
Hosking Partners LLP729,462$60,859
RHUMBLINE ADVISERS716,024$59,738
Vinva Investment Management Ltd668,541$56,365
Azora Capital LP667,070$55,654
MERCER GLOBAL ADVISORS INC /ADV664,789$55,463
Mitsubishi UFJ Trust & Banking Corp662,716$55,298
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC637,288$53,169
FRANKLIN RESOURCES INC624,046$52,064
JANE STREET GROUP, LLC620,604$51,777
MACKENZIE FINANCIAL CORP610,924$51,406
WELLS FARGO & COMPANY/MN609,398$50,842
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.600,254$50,080
Pictet Asset Management Holding SA598,041$49,898
ROYAL BANK OF CANADA592,347$49,420
CBOE Vest Financial, LLC587,954$49,053
VIRGINIA RETIREMENT SYSTEMS ET AL577,970$48,220
Grantham, Mayo, Van Otterloo & Co. LLC539,145$44,981
RAYMOND JAMES FINANCIAL INC534,670$44,608
FULLER & THALER ASSET MANAGEMENT, INC.527,292$43,992
Brandywine Global Investment Management, LLC523,715$43,694
CSM Advisors, LLC522,006$44
WELLINGTON MANAGEMENT GROUP LLP519,293$43,325
Candriam S.C.A.506,789$42,283
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM503,118$41,975
PRINCIPAL FINANCIAL GROUP INC494,731$41,275
Eurizon Capital SGR S.p.A.475,007$39,640
ALLIANCEBERNSTEIN L.P.453,290$37,818
DANSKE BANK A/S452,820$37,779
Freestone Grove Partners LP448,899$37,452
HRT FINANCIAL LP441,631$37
Zurcher Kantonalbank (Zurich Cantonalbank)431,312$35,984
Universal- Beteiligungs- und Servicegesellschaft mbH427,886$35,822
WEDGE CAPITAL MANAGEMENT L L P/NC427,143$35,637
Treasurer of the State of North Carolina426,813$36
HERITAGE INVESTORS MANAGEMENT CORP417,879$35
875 other institutions33,411,171$2,453,618
Total (975 institutions)361,182,210$29,136,936