Capital World Investors reports beneficial ownership of 33,796,907 shares of Synchrony Financial common stock, representing 9.7% of the class. The filing states the figure is based on 347,596,279 shares believed outstanding as of 03/31/2026. The disclosure lists sole voting and dispositive power over all 33,796,907 shares and identifies Capital World Investors as an investment management division of Capital Research and Management Company and affiliated entities.
Positive
None.
Negative
None.
Insights
Large passive stake disclosed: 9.7% of outstanding shares.
Capital World Investors reports beneficial ownership of 33,796,907 shares with sole voting and dispositive power. The filing identifies affiliated investment management entities that collectively operate under the Capital World Investors name.
Holder disposition or trading intent is not stated; future filings could show changes. Reporting dates include the reported outstanding base as of 03/31/2026 and a signature dated 05/13/2026.
Key Figures
Reported shares beneficially owned:33,796,907 sharesPercent of class:9.7%Shares believed outstanding:347,596,279 shares+2 more
Percent of class9.7%of 347,596,279 shares believed outstanding
Shares believed outstanding347,596,279 sharesbelieved outstanding as of <date>03/31/2026</date>
Sole voting power33,796,907 sharessole power to vote reported
Sole dispositive power33,796,907 sharessole power to dispose reported
Key Terms
Schedule 13G/A, Beneficial ownership, Sole dispositive power, Shares believed outstanding, +1 more
5 terms
Schedule 13G/Aregulatory
"Amendment No. 5 to a Schedule 13G reporting beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficial ownershipregulatory
"CWI is deemed to be the beneficial owner of 33,796,907 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Sole dispositive powerfinancial
"Sole power to dispose or to direct the disposition of: 33,796,907"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Shares believed outstandingmarket
"347,596,279 shares believed to be outstanding"
Investment management entitiesother
"investment management entities collectively provide services under the name 'Capital World Investors'"
What stake did Capital World Investors report in Synchrony Financial (SYF)?
Capital World Investors reported beneficial ownership of 33,796,907 shares, representing 9.7% of the class. The filing ties that percentage to 347,596,279 shares believed outstanding as of 03/31/2026.
Does Capital World Investors have voting control over those Synchrony shares?
Yes. The filing states Capital World Investors has sole voting power and sole dispositive power over all 33,796,907 shares reported in the Schedule 13G/A disclosure.
Who is the filing entity behind the reported Synchrony stake?
The filing identifies Capital World Investors as a division of Capital Research and Management Company and affiliated investment management entities that collectively provide services under the Capital World Investors name.
What dates are shown in the Schedule 13G/A for this disclosure?
The disclosure references the share count basis as of 03/31/2026 and the filing signature is dated 05/13/2026, which indicates the reporting period and the signature date on the amendment.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 5)
Synchrony Financial
(Name of Issuer)
Common Stock
(Title of Class of Securities)
87165B103
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
87165B103
1
Names of Reporting Persons
Capital World Investors
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
33,796,907.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
33,796,907.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
33,796,907.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.7 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Synchrony Financial
(b)
Address of issuer's principal executive offices:
777 Long Ridge Road, Stamford, CT 06902, United States of America
Item 2.
(a)
Name of person filing:
Capital World Investors
(b)
Address or principal business office or, if none, residence:
333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071
(c)
Citizenship:
N/A
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
87165B103
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
33,796,907 **
**Capital World Investors ("CWI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CWI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital World Investors." CWI is deemed to be the beneficial owner of 33,796,907 shares or 9.7% of the 347,596,279 shares believed to be outstanding.
(b)
Percent of class:
9.7 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
33,796,907
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
33,796,907
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
American Balanced Fund
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Capital World Investors
Signature:
Jae Won Chung
Name/Title:
Senior Vice President and Associate General Counsel, Capital Research and Management Company
