Global Payments
265 hedge funds and large institutions have $3.48B invested in Global Payments in 2013 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 76 increasing their positions, 107 reducing their positions, and 40 closing their positions.
15% more call options, than puts
Call options by funds: $4.99M | Put options by funds: $4.33M
6% more capital invested
Capital invested by funds: $3.28B → $3.48B (+$201M)
8% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 40
0% more funds holding
Funds holding: 264 → 265 (+1)
5.12% less ownership
Funds ownership: 185.77% → 180.65% (-5.1%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
29% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 107
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$72.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$41.5M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$36.1M |
| 4 |
SC
Samlyn Capital
New York
|
+$28.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$96.8M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$85.5M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$55.7M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$39.7M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$32.7M |
GPN Hedge Fund Activity: Q3 2013 in Review
265 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Global Payments (GPN) for Q3 2013, worth a combined $3.48B — up 6.1% from $3.28B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new GPN positions and 40 closed out — a net gain of 3 holders — while 76 added to existing stakes and 107 trimmed.
The largest buyer was Glenview Capital Management, opening a new position worth an estimated $72.4M. The largest seller was Fidelity Investments, cutting an estimated $96.8M.
- 265 institutional investors held Global Payments (GPN) as of Q3 2013, up from 264 in Q2 2013.
- Funds reported $3.48B of Global Payments stock for Q3 2013, up 6.1% quarter-over-quarter.
- 43 funds opened new Global Payments positions in Q3 2013 and 40 closed out, a net change of +3 holders.
- The largest Global Payments buyer in Q3 2013 was Glenview Capital Management, an estimated $72.4M added.
- The largest Global Payments seller in Q3 2013 was Fidelity Investments, an estimated $96.8M sold.
Based on aggregated 13F filings for Q3 2013.