This article first appeared on GuruFocus.
RDIV led the ETF activity on Monday, cutting its Truist Financial (TFC) stake by 41.99%, a change worth $35.6 million. That selling outweighed buying across the broader fund universe: 18 ETFs sold shares while 35 bought, leaving net selling of $31.8 million. The move reversed the recent trend, which had seen net ETF buying of $12.2 million on Oct. 30, $17.8 million on Oct. 29, $9.1 million on Oct. 28 and $3.2 million on Oct. 27. The selling streak now stands at one day.
Warning! GuruFocus has detected 6 Warning Signs with TFC.
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Which ETFs sold TFC on Monday?
The largest sellers by dollar value were RDIV ($35.6 million), KBWB ($4.2 million) and SPLV ($0.5 million). In all, 35 ETFs added shares and 18 cut them.
ETF
Shares changed
Value
Weight in ETF
-710,460
-$35.6M
3.29%
-83,603
-$4.2M
4.31%
-9,520
-$0.5M
0.77%
-5,676
-$0.3M
0.20%
-5,376
-$0.3M
1.85%
-3,906
-$0.2M
0.76%
-1,255
-$0.1M
0.95%
-704
$0.0M
0.09%
RDIV accounted for the bulk of the move, shedding 710,460 shares for a $35.6 million reduction, leaving it with 981,419 shares and a 3.29% weight. KBWB also trimmed its position, selling 83,603 shares worth $4.2 million, while SPLV, SPYV, SPHD, XLF, IYF and SSO each made smaller reductions. Truist operates in the Financial Services sector, within the Banks - Regional industry, and carries a market cap of $59.2 billion.
Have ETFs been buying or selling TFC lately?
Over the last 5 reported days, ETFs were net buyers on 4 and net sellers on 1, so the recent trend is mostly buying.
Date
Net value
Buying
Selling
Nov. 2
-$31.8M
35
18
Oct. 30
$12.2M
34
13
Oct. 29
$17.8M
36
16
Oct. 28
$9.1M
32
4
Oct. 27
$3.2M
26
8
What does TFC do?
Truist Financial Corp is a US bank holding company headquartered in Charlotte, North Carolina, formed by the 2019 merger of BB&T and SunTrust. It operates as a super-regional bank with a footprint concentrated in the Mid-Atlantic and Southeast, serving consumers, small businesses, middle-market companies, and large corporations.
Truist reported trailing-12-month revenue of $19.72 billion, up 1.6% over the year, with a net margin of 26.3%. The stock trades at a P/E of 12.75, a P/B of 1.06 and a P/S of 3.15, against a market cap of $59.2 billion. Its GF Score is 68, and the GF Value of $50.85 compares with a price of $49.41. The dividend yield is 4.24%, and the shares are up 3.51% year to date.
TFC at a glance
Measure
Value
Price
$49.41
Market cap
$59.20B
Revenue (trailing 12 months)
$19.72B
Revenue growth (1 year)
+1.6%
Net margin
26.3%
P/E
12.75
P/B
1.06
P/S
3.15
68/100
GF Value
$50.85
Dividend yield
4.24%
Year-to-date return
+3.51%
Investors following TFC can review its GF Value, guru trades and insider activity on the TFC summary page.
What should investors watch next for TFC?
Watch whether the one-day selling streak extends, given that the prior four sessions all produced net ETF buying.
Based on ETF holdings changes reported for Nov. 2, 2026.
What else did ETFs trade on Monday?
Sector Trends: Technology Leads, Utilities Sold on Nov. 2
ETFs Are Net Sellers of Fidelity National Financial (FNF) on Nov. 2
ETFs Are Net Sellers of Target (TGT) on Monday
