Global Payments
545 hedge funds and large institutions have $19.8B invested in Global Payments in 2018 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 189 increasing their positions, 198 reducing their positions, and 35 closing their positions.
66% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 35
15% more capital invested
Capital invested by funds: $17.2B → $19.8B (+$2.63B)
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
4% more funds holding
Funds holding: 525 → 545 (+20)
1.68% more ownership
Funds ownership: 96.5% → 98.19% (+1.7%)
5% less repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 198
48% less call options, than puts
Call options by funds: $15.4M | Put options by funds: $29.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWNA
Marshall Wace North America
New York
|
+$78.8M |
| 2 |
JP Morgan Chase
New York
|
+$70.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$53.9M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$51.4M |
| 5 |
State Street
Boston,
Massachusetts
|
+$43.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$74M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$67.4M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$61.5M |
| 4 |
PCM
Palestra Capital Management
New York
|
-$51M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$47.8M |
GPN Hedge Fund Activity: Q3 2018 in Review
545 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Global Payments (GPN) for Q3 2018, worth a combined $19.8B — up 15% from $17.2B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new GPN positions and 35 closed out — a net gain of 23 holders — while 189 added to existing stakes and 198 trimmed.
The largest buyer was Marshall Wace North America, adding an estimated $78.8M. The largest seller was Jennison Associates, cutting an estimated $74M.
- 545 institutional investors held Global Payments (GPN) as of Q3 2018, up from 525 in Q2 2018.
- Funds reported $19.8B of Global Payments stock for Q3 2018, up 15% quarter-over-quarter.
- 58 funds opened new Global Payments positions in Q3 2018 and 35 closed out, a net change of +23 holders.
- The largest Global Payments buyer in Q3 2018 was Marshall Wace North America, an estimated $78.8M added.
- The largest Global Payments seller in Q3 2018 was Jennison Associates, an estimated $74M sold.
Based on aggregated 13F filings for Q3 2018.