Pinnacle (PNFP) 13F shows $8.98B Synovus portfolio after merger

Rhea-AI Filing Summary

Pinnacle Financial Partners, Inc. filed a Form 13F holdings report covering 1,561 positions with an aggregate reported value of about $8,976,570,036. The report is filed under the Pinnacle name but reflects the investment portfolio of Synovus and its subsidiaries as they existed on and as of December 31, 2025.

The filing explains that, effective January 1, 2026, Synovus Financial Corp. and the prior Pinnacle Financial Partners, Inc. each merged into a new Georgia corporation now named Pinnacle Financial Partners, Inc. This 13F therefore bridges pre‑merger Synovus holdings with the post‑merger Pinnacle identity and includes two other included managers: Synovus Trust Co. NA and Synovus Securities, Inc.

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13F ties Synovus’s year-end portfolio to the new Pinnacle entity.

This Form 13F shows institutional holdings valued at about $8,976,570,036 across 1,561 reportable positions. It documents what Synovus and its subsidiaries held as of December 31, 2025, while the cover reflects the post‑merger Pinnacle name.

The text notes that Synovus Financial Corp. and the legacy Pinnacle Financial Partners, Inc. each merged into a new Georgia corporation, effective January 1, 2026. Two affiliated managers, Synovus Trust Co. NA and Synovus Securities, Inc., are listed as other included managers under this combined reporting structure.

For investors, this provides a snapshot of the pre‑merger Synovus investment portfolio now reported under Pinnacle’s banner. Subsequent filings may show how the portfolio evolves under the merged organization and any shifts in strategy or manager responsibilities over future reporting periods.

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL

OMB Number:			3235-0006
Estimated average burden
hours per response:			23.8

Report for the Calendar Year or Quarter Ended: 12-31-2025

Check here if Amendment		Amendment Number:
This Amendment (Check only one.):		is a restatement.
		adds new holdings entries.

Institutional Investment Manager Filing this Report:
Name:	Pinnacle Financial Partners, Inc.
Address:	3400 OVERTON PARK DR. SE
	ATLANTA, GA 30339
Form 13F File Number:	028-26514
CRD Number (if applicable):
SEC File Number (if applicable):

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name:		Allan Kamensky
Title:		Executive Vice President and Chief Legal Officer
Phone:		706-644-3105
Signature, Place, and Date of Signing:
/s/ Allan Kamensky			Atlanta, GA	02-17-2026
[Signature]			[City, State]	[Date]
At the time of the filing of this Form 13F (this "Report"), Synovus Financial Corp. ("Synovus"), a Georgia corporation, and Pinnacle Financial Partners, Inc., a Tennessee corporation ("Legacy Pinnacle"), have each merged with and into Pinnacle Financial Partners, Inc. (formerly Steel Newco Inc.), a Georgia corporation ("New Pinnacle"), with New Pinnacle surviving (such mergers, collectively the "Merger"). The Merger was effective as of January 1, 2026. This Report represents the holdings of the entity formerly known as Synovus prior to the Merger. In accordance with applicable SEC rules, the cover page reflect the post-Merger name change to Pinnacle Financial Partners, Inc. All other information in this Report, unless specifically noted otherwise, represents the holdings of Synovus and its subsidiaries as they existed on and as of December 31, 2025.

Report Type (Check only one.):
X	13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
	13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
	13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

Form 13F Summary Page
	Report Summary:
	Number of Other Included Managers:		2
	Form 13F Information Table Entry Total:		1,561
	Form 13F Information Table Value Total:		8,976,570,036
			(round to nearest dollar)

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]
	No.	Name	Form 13F File No.	CRD No. (if applicable)	SEC File No. (if applicable)	CIK
	1	SYNOVUS TRUST CO NA	028-04944	000168405	801-78344	0000945597
	2	Synovus Securities, Inc.	028-14463	000014023	801-19690	0001520194

FAQ

What does Pinnacle Financial Partners’ (PNFP) latest Form 13F report cover?

The Form 13F reports institutional holdings valued at about $8,976,570,036 across 1,561 positions. It reflects the investment portfolio of Synovus and its subsidiaries as they existed on and as of December 31, 2025, now reported under the Pinnacle name.

How is the Synovus merger reflected in Pinnacle (PNFP)’s 13F filing?

The filing explains that Synovus Financial Corp. and the legacy Pinnacle each merged into a new Georgia corporation, now named Pinnacle Financial Partners, Inc. Effective January 1, 2026, this 13F presents pre‑merger Synovus holdings under the post‑merger Pinnacle identity.

As of what date are the holdings in the Pinnacle (PNFP) 13F report measured?

All portfolio information in the report, unless noted otherwise, represents the holdings of Synovus and its subsidiaries as they existed on and as of December 31, 2025. The merger became effective later, on January 1, 2026, but does not change the measurement date.

How many positions and what total value are reported in PNFP’s 13F summary?

The Form 13F summary shows a Form 13F Information Table Entry Total of 1,561 and a Form 13F Information Table Value Total of 8,976,570,036, rounded to the nearest dollar. These figures capture the reportable securities in the manager’s institutional portfolio.

Which other managers are included in Pinnacle (PNFP)’s 13F report?

The report lists two other included managers: SYNOVUS TRUST CO NA and Synovus Securities, Inc.. Their Form 13F file numbers are identified, indicating that their relevant reportable holdings are consolidated within this institutional investment manager’s filing.

Who signed the Pinnacle (PNFP) Form 13F and in what capacity?

The report is signed by Allan Kamensky, serving as Executive Vice President and Chief Legal Officer. The signature block confirms he is authorized to submit the report and that the information is represented as true, correct, and complete under applicable SEC requirements.