Global Payments
434 hedge funds and large institutions have $10.3B invested in Global Payments in 2016 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 145 increasing their positions, 162 reducing their positions, and 60 closing their positions.
12% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 60
5% more call options, than puts
Call options by funds: $4.94M | Put options by funds: $4.7M
0.86% more ownership
Funds ownership: 95.94% → 96.8% (+0.86%)
1% less funds holding
Funds holding: 437 → 434 (-3)
8% less capital invested
Capital invested by funds: $11.2B → $10.3B (-$870M)
10% less repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 162
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$115M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$91.6M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$57.5M |
| 4 |
Jennison Associates
New York
|
+$42.8M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$37.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$243M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$68.5M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$41.8M |
| 4 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$27.9M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$27.5M |
GPN Hedge Fund Activity: Q4 2016 in Review
434 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Global Payments (GPN) for Q4 2016, worth a combined $10.3B — down 7.8% from $11.2B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new GPN positions and 60 closed out — a net gain of 7 holders — while 145 added to existing stakes and 162 trimmed.
The largest buyer was American Century Companies, opening a new position worth an estimated $115M. The largest seller was Fidelity Investments, cutting an estimated $243M.
- 434 institutional investors held Global Payments (GPN) as of Q4 2016, down from 437 in Q3 2016.
- Funds reported $10.3B of Global Payments stock for Q4 2016, down 7.8% quarter-over-quarter.
- 67 funds opened new Global Payments positions in Q4 2016 and 60 closed out, a net change of +7 holders.
- The largest Global Payments buyer in Q4 2016 was American Century Companies, an estimated $115M added.
- The largest Global Payments seller in Q4 2016 was Fidelity Investments, an estimated $243M sold.
Based on aggregated 13F filings for Q4 2016.