Global Payments
464 hedge funds and large institutions have $15B invested in Global Payments in 2017 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 149 increasing their positions, 172 reducing their positions, and 33 closing their positions.
82% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 33
60% more call options, than puts
Call options by funds: $38.8M | Put options by funds: $24.3M
11% more capital invested
Capital invested by funds: $13.6B → $15B (+$1.44B)
5.12% more ownership
Funds ownership: 98.57% → 103.69% (+5.1%)
4% more funds holding
Funds holding: 446 → 464 (+18)
13% less repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 172
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEPM
Vista Equity Partners Management
San Francisco,
California
|
+$576M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$546M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$70.9M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$42.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$24.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$228M |
| 2 |
BlackRock
New York
|
-$63M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$46.7M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$46M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$35.4M |
GPN Hedge Fund Activity: Q3 2017 in Review
464 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Global Payments (GPN) for Q3 2017, worth a combined $15B — up 11% from $13.6B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new GPN positions and 33 closed out — a net gain of 27 holders — while 149 added to existing stakes and 172 trimmed.
The largest buyer was Vista Equity Partners Management, opening a new position worth an estimated $576M. The largest seller was Fidelity Investments, cutting an estimated $228M.
- 464 institutional investors held Global Payments (GPN) as of Q3 2017, up from 446 in Q2 2017.
- Funds reported $15B of Global Payments stock for Q3 2017, up 11% quarter-over-quarter.
- 60 funds opened new Global Payments positions in Q3 2017 and 33 closed out, a net change of +27 holders.
- The largest Global Payments buyer in Q3 2017 was Vista Equity Partners Management, an estimated $576M added.
- The largest Global Payments seller in Q3 2017 was Fidelity Investments, an estimated $228M sold.
Based on aggregated 13F filings for Q3 2017.