Global Payments
GPN
800 hedge funds and large institutions have $42.4B invested in Global Payments in 2019 Q3 according to their latest regulatory filings, with 233 funds opening new positions, 405 increasing their positions, 108 reducing their positions, and 45 closing their positions.
418% more first-time investments, than exits
New positions opened: 233 | Existing positions closed: 45
275% more repeat investments, than reductions
Existing positions increased: 405 | Existing positions reduced: 108
172% more funds holding in top 10
Funds holding in top 10: 18 → 49 (+31)
96% more call options, than puts
Call options by funds: $225M | Put options by funds: $115M
63% more capital invested
Capital invested by funds: $26B → $42.4B (+$16.4B)
30% more funds holding
Funds holding: 615 → 800 (+185)
14.69% less ownership
Funds ownership: 103.57% → 88.88% (-15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$2B |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.74B |
| 3 |
SF
Synovus Financial
Columbus,
Georgia
|
+$1.52B |
| 4 |
BlackRock
New York
|
+$1.47B |
| 5 |
State Street
Boston,
Massachusetts
|
+$900M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$216M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$92.7M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$77.9M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$59.3M |
| 5 |
HCM
Hitchwood Capital Management
New York
|
-$40.8M |
GPN Hedge Fund Activity: Q3 2019 in Review
800 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Global Payments (GPN) for Q3 2019, worth a combined $42.4B — up 63% from $26B a quarter earlier.
Buyers outnumbered sellers: 233 funds opened new GPN positions and 45 closed out — a net gain of 188 holders — while 405 added to existing stakes and 108 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $2B. The largest seller was Wellington Management Group, cutting an estimated $216M.
- 800 institutional investors held Global Payments (GPN) as of Q3 2019, up from 615 in Q2 2019.
- Funds reported $42.4B of Global Payments stock for Q3 2019, up 63% quarter-over-quarter.
- 233 funds opened new Global Payments positions in Q3 2019 and 45 closed out, a net change of +188 holders.
- The largest Global Payments buyer in Q3 2019 was T. Rowe Price Associates, an estimated $2B added.
- The largest Global Payments seller in Q3 2019 was Wellington Management Group, an estimated $216M sold.
Based on aggregated 13F filings for Q3 2019.