TFC β€” TRUIST FINANCIAL COR

Ownership history in FIRST MANHATTAN CO. LLC.  Β·  20 quarters on record

This page tracks every 13F SEC filing in which FIRST MANHATTAN CO. LLC. reported a position in TRUIST FINANCIAL COR (TFC). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.01% (2019 Q4)
πŸ“Š Avg. % of fund
0.0%
πŸ“… First filed
2019 Q4
πŸ“… Last filed
2025 Q3
⏱ Quarters held
20

Position Intelligence

FIRST MANHATTAN CO. LLC. Γ— TFC AI Analytics

πŸ“‰ FIRST MANHATTAN CO. LLC. underperformed the S&P 500 by –11.3% annually on this TFC position. Timing score: 41% (7/17 decisions correct). Average cost basis: $38.91. Maximum drawdown during holding period: –46.8%.

πŸ“ˆ Position Alpha vs SPY
-11.3%
annualised excess return

❌ Significantly underperformed the S&P 500 by 11.3% ann.
19 quarters analyzed

⏱️ Timing Score
41%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
7 of 17 add/trim decisions correct

πŸ’° Entry Quality
$38.91
+15.0% vs current ($44.74)

Best entry: $29.52 (2020 Q3)  Β·  Worst: $47.32 (2021 Q4)

πŸ›‘οΈ Drawdown Resilience
–46.8%
max drawdown while held

πŸ’ͺ Held through 2 major drawdowns (>20%).

πŸ’ͺ Fund Conviction
44%
buy-side decisions

8 adds Β· 10 trims. Bought during 1 of 8 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.0% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    TFC price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 REDUCED 6,874 -4,646 -40.3% 0.00% $314K $44.74
2024 Q2 ADDED 11,520 +720 +6.7% 0.00% $448K $35.79
2024 Q1 ADDED 10,800 +7,730 +251.8% 0.00% $421K $35.44
2023 Q4 REDUCED 3,070 -206 -6.3% 0.00% $113K $33.08
2023 Q3 REDUCED 3,276 -4,382 -57.2% 0.00% $94K $25.19
2023 Q2 UNCHANGED 7,658 β€” 0% 0.00% $232K $26.29
2023 Q1 REDUCED 7,658 -35,171 -82.1% 0.00% $261K $28.98
2022 Q4 ADDED 42,829 +35,735 +503.7% 0.01% $1.8M $36.19
2022 Q3 REDUCED 7,094 -6,075 -46.1% 0.00% $308K $36.19
2022 Q2 ADDED 13,169 +715 +5.7% 0.00% $624K $39.02
10 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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