Global Payments
295 hedge funds and large institutions have $4.9B invested in Global Payments in 2014 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 90 increasing their positions, 115 reducing their positions, and 32 closing their positions.
72% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 32
9% more capital invested
Capital invested by funds: $4.51B → $4.9B (+$392M)
7% more funds holding
Funds holding: 275 → 295 (+20)
1.32% more ownership
Funds ownership: 190.49% → 191.81% (+1.3%)
2% more call options, than puts
Call options by funds: $5.88M | Put options by funds: $5.75M
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
22% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 115
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$56.5M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$40.2M |
| 3 |
ACM
Apex Capital Management
Dayton,
Ohio
|
+$33.6M |
| 4 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$21.5M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$88.1M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$47.9M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
-$47.8M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$47M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$38.5M |
GPN Hedge Fund Activity: Q1 2014 in Review
295 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Global Payments (GPN) for Q1 2014, worth a combined $4.9B — up 8.7% from $4.51B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new GPN positions and 32 closed out — a net gain of 23 holders — while 90 added to existing stakes and 115 trimmed.
The largest buyer was Frontier Capital Management, adding an estimated $56.5M. The largest seller was Fidelity Investments, cutting an estimated $88.1M.
- 295 institutional investors held Global Payments (GPN) as of Q1 2014, up from 275 in Q4 2013.
- Funds reported $4.9B of Global Payments stock for Q1 2014, up 8.7% quarter-over-quarter.
- 55 funds opened new Global Payments positions in Q1 2014 and 32 closed out, a net change of +23 holders.
- The largest Global Payments buyer in Q1 2014 was Frontier Capital Management, an estimated $56.5M added.
- The largest Global Payments seller in Q1 2014 was Fidelity Investments, an estimated $88.1M sold.
Based on aggregated 13F filings for Q1 2014.