Value investor Bill Nygren’s Oakmark Funds significantly increased its position in consumer financial services company Synchrony Financial (SYF) during the second quarter of 2026. According to a recent SEC disclosure, the firm boosted its holdings by nearly 60%, from 4.66 million to 7.45 million shares. This lifted the total reported value of Oakmark's stake to $566.29 million as of June 30, 2026.
Investors should note that 13F filings are released with a delay, reflecting positions held at the end of the prior quarter and not necessarily current holdings. The trades occurred during a quarter where Synchrony reported record purchase volume and better-than-expected earnings per share, though revenue fell short of estimates.