Global Payments
GPN
570 hedge funds and large institutions have $21.1B invested in Global Payments in 2019 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 203 increasing their positions, 203 reducing their positions, and 43 closing their positions.
81% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 43
33% more capital invested
Capital invested by funds: $15.9B → $21.1B (+$5.22B)
6% more funds holding
Funds holding: 539 → 570 (+31)
0% more repeat investments, than reductions
Existing positions increased: 203 | Existing positions reduced: 203
0.54% less ownership
Funds ownership: 98.64% → 98.1% (-0.54%)
17% less call options, than puts
Call options by funds: $16.6M | Put options by funds: $19.9M
24% less funds holding in top 10
Funds holding in top 10: 17 → 13 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$368M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$159M |
| 3 |
CP
Coho Partners
Berwyn,
Pennsylvania
|
+$105M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$70.9M |
| 5 |
PC
Polar Capital
London,
United Kingdom
|
+$55.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEPM
Vista Equity Partners Management
San Francisco,
California
|
-$526M |
| 2 |
Goldman Sachs
New York
|
-$243M |
| 3 |
Renaissance Technologies
New York
|
-$49.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$44.9M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$42.6M |
GPN Hedge Fund Activity: Q1 2019 in Review
570 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Global Payments (GPN) for Q1 2019, worth a combined $21.1B — up 33% from $15.9B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new GPN positions and 43 closed out — a net gain of 35 holders — while 203 added to existing stakes and 203 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $368M. The largest seller was Vista Equity Partners Management, exiting entirely with an estimated $526M sold.
- 570 institutional investors held Global Payments (GPN) as of Q1 2019, up from 539 in Q4 2018.
- Funds reported $21.1B of Global Payments stock for Q1 2019, up 33% quarter-over-quarter.
- 78 funds opened new Global Payments positions in Q1 2019 and 43 closed out, a net change of +35 holders.
- The largest Global Payments buyer in Q1 2019 was T. Rowe Price Associates, an estimated $368M added.
- The largest Global Payments seller in Q1 2019 was Vista Equity Partners Management, an estimated $526M sold.
Based on aggregated 13F filings for Q1 2019.