Global Payments
GPN
851 hedge funds and large institutions have $23.8B invested in Global Payments in 2023 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 308 increasing their positions, 315 reducing their positions, and 70 closing their positions.
46% more funds holding in top 10
Funds holding in top 10: 13 → 19 (+6)
37% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 70
5% more capital invested
Capital invested by funds: $22.6B → $23.8B (+$1.2B)
2% more funds holding
Funds holding: 833 → 851 (+18)
1.34% more ownership
Funds ownership: 84.71% → 86.04% (+1.3%)
2% more call options, than puts
Call options by funds: $174M | Put options by funds: $170M
2% less repeat investments, than reductions
Existing positions increased: 308 | Existing positions reduced: 315
Top Buyers
| 1 |
Millennium Management
New York
|
+$124M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$85.8M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$81.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$75.9M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$52.8M |
Top Sellers
| 1 |
JP Morgan Chase
New York
|
-$172M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$132M |
| 3 |
BlackRock
New York
|
-$115M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$114M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$80.2M |
GPN Hedge Fund Activity: Q1 2023 in Review
851 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Global Payments (GPN) for Q1 2023, worth a combined $23.8B — up 5.3% from $22.6B a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new GPN positions and 70 closed out — a net gain of 26 holders — while 308 added to existing stakes and 315 trimmed.
The largest buyer was Millennium Management, adding an estimated $124M. The largest seller was JP Morgan Chase, cutting an estimated $172M.
- 851 institutional investors held Global Payments (GPN) as of Q1 2023, up from 833 in Q4 2022.
- Funds reported $23.8B of Global Payments stock for Q1 2023, up 5.3% quarter-over-quarter.
- 96 funds opened new Global Payments positions in Q1 2023 and 70 closed out, a net change of +26 holders.
- The largest Global Payments buyer in Q1 2023 was Millennium Management, an estimated $124M added.
- The largest Global Payments seller in Q1 2023 was JP Morgan Chase, an estimated $172M sold.
Based on aggregated 13F filings for Q1 2023.