Global Payments
439 hedge funds and large institutions have $11.3B invested in Global Payments in 2016 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 124 increasing their positions, 224 reducing their positions, and 65 closing their positions.
122% more call options, than puts
Call options by funds: $12.3M | Put options by funds: $5.54M
6% more capital invested
Capital invested by funds: $10.7B → $11.3B (+$623M)
1.32% less ownership
Funds ownership: 97.26% → 95.94% (-1.3%)
9% less funds holding
Funds holding: 480 → 439 (-41)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
45% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 224
55% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$105M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$89.5M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$61.5M |
| 4 |
BG
BlackRock Group
London,
United Kingdom
|
+$58.5M |
| 5 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$33.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$43.4M |
| 2 |
Select Equity Group
New York
|
-$35.3M |
| 3 |
Capital Fund Management (CFM)
Paris,
France
|
-$31M |
| 4 |
RG
Renaissance Group
Covington,
Kentucky
|
-$30.4M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$27.8M |
GPN Hedge Fund Activity: Q3 2016 in Review
439 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Global Payments (GPN) for Q3 2016, worth a combined $11.3B — up 5.8% from $10.7B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of GPN and 29 opened new positions — a net loss of 36 holders — while 224 trimmed existing stakes and 124 added.
The largest buyer was Citadel Advisors, adding an estimated $105M. The largest seller was Two Sigma Investments, exiting entirely with an estimated $43.4M sold.
- 439 institutional investors held Global Payments (GPN) as of Q3 2016, down from 480 in Q2 2016.
- Funds reported $11.3B of Global Payments stock for Q3 2016, up 5.8% quarter-over-quarter.
- 29 funds opened new Global Payments positions in Q3 2016 and 65 closed out, a net change of -36 holders.
- The largest Global Payments buyer in Q3 2016 was Citadel Advisors, an estimated $105M added.
- The largest Global Payments seller in Q3 2016 was Two Sigma Investments, an estimated $43.4M sold.
Based on aggregated 13F filings for Q3 2016.