Global Payments
502 hedge funds and large institutions have $15.4B invested in Global Payments in 2017 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 188 increasing their positions, 167 reducing their positions, and 38 closing their positions.
105% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 38
97% more call options, than puts
Call options by funds: $15M | Put options by funds: $7.58M
13% more repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 167
8% more funds holding
Funds holding: 464 → 502 (+38)
3% more capital invested
Capital invested by funds: $15B → $15.4B (+$423M)
6.88% less ownership
Funds ownership: 103.69% → 96.81% (-6.9%)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$179M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$82.2M |
| 3 |
JP Morgan Chase
New York
|
+$74M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$37.5M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$30.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$257M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
-$126M |
| 3 |
BlackRock
New York
|
-$104M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$73.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$66.7M |
GPN Hedge Fund Activity: Q4 2017 in Review
502 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Global Payments (GPN) for Q4 2017, worth a combined $15.4B — up 2.8% from $15B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new GPN positions and 38 closed out — a net gain of 40 holders — while 188 added to existing stakes and 167 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $179M. The largest seller was Fidelity Investments, cutting an estimated $257M.
- 502 institutional investors held Global Payments (GPN) as of Q4 2017, up from 464 in Q3 2017.
- Funds reported $15.4B of Global Payments stock for Q4 2017, up 2.8% quarter-over-quarter.
- 78 funds opened new Global Payments positions in Q4 2017 and 38 closed out, a net change of +40 holders.
- The largest Global Payments buyer in Q4 2017 was T. Rowe Price Associates, an estimated $179M added.
- The largest Global Payments seller in Q4 2017 was Fidelity Investments, an estimated $257M sold.
Based on aggregated 13F filings for Q4 2017.