Global Payments
GPN
870 hedge funds and large institutions have $44.7B invested in Global Payments in 2020 Q2 according to their latest regulatory filings, with 93 funds opening new positions, 319 increasing their positions, 325 reducing their positions, and 71 closing their positions.
31% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 71
27% more funds holding in top 10
Funds holding in top 10: 30 → 38 (+8)
16% more capital invested
Capital invested by funds: $38.5B → $44.7B (+$6.18B)
2% more funds holding
Funds holding: 853 → 870 (+17)
2% less repeat investments, than reductions
Existing positions increased: 319 | Existing positions reduced: 325
1.09% less ownership
Funds ownership: 88.99% → 87.9% (-1.1%)
14% less call options, than puts
Call options by funds: $177M | Put options by funds: $205M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$473M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$420M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$371M |
| 4 |
Millennium Management
New York
|
+$168M |
| 5 |
D.E. Shaw & Co
New York
|
+$96.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$516M |
| 2 |
BlackRock
New York
|
-$409M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$266M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$223M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$157M |
GPN Hedge Fund Activity: Q2 2020 in Review
870 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Global Payments (GPN) for Q2 2020, worth a combined $44.7B — up 16% from $38.5B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new GPN positions and 71 closed out — a net gain of 22 holders — while 319 added to existing stakes and 325 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $473M. The largest seller was Fidelity Investments, cutting an estimated $516M.
- 870 institutional investors held Global Payments (GPN) as of Q2 2020, up from 853 in Q1 2020.
- Funds reported $44.7B of Global Payments stock for Q2 2020, up 16% quarter-over-quarter.
- 93 funds opened new Global Payments positions in Q2 2020 and 71 closed out, a net change of +22 holders.
- The largest Global Payments buyer in Q2 2020 was Wellington Management Group, an estimated $473M added.
- The largest Global Payments seller in Q2 2020 was Fidelity Investments, an estimated $516M sold.
Based on aggregated 13F filings for Q2 2020.