Global Payments
615 hedge funds and large institutions have $26B invested in Global Payments in 2019 Q2 according to their latest regulatory filings, with 111 funds opening new positions, 203 increasing their positions, 216 reducing their positions, and 57 closing their positions.
95% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 57
38% more funds holding in top 10
Funds holding in top 10: 13 → 18 (+5)
23% more capital invested
Capital invested by funds: $21.2B → $26B (+$4.82B)
8% more funds holding
Funds holding: 571 → 615 (+44)
5.36% more ownership
Funds ownership: 98.16% → 103.52% (+5.4%)
6% less repeat investments, than reductions
Existing positions increased: 203 | Existing positions reduced: 216
19% less call options, than puts
Call options by funds: $44.2M | Put options by funds: $54.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$316M |
| 2 |
Coatue Management
New York
|
+$276M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$207M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$126M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$124M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$304M |
| 2 |
Citigroup
New York
|
-$44.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$42.3M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
-$38M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$37.6M |
GPN Hedge Fund Activity: Q2 2019 in Review
615 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Global Payments (GPN) for Q2 2019, worth a combined $26B — up 23% from $21.2B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new GPN positions and 57 closed out — a net gain of 54 holders — while 203 added to existing stakes and 216 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $316M. The largest seller was JP Morgan Chase, cutting an estimated $304M.
- 615 institutional investors held Global Payments (GPN) as of Q2 2019, up from 571 in Q1 2019.
- Funds reported $26B of Global Payments stock for Q2 2019, up 23% quarter-over-quarter.
- 111 funds opened new Global Payments positions in Q2 2019 and 57 closed out, a net change of +54 holders.
- The largest Global Payments buyer in Q2 2019 was Fidelity Investments, an estimated $316M added.
- The largest Global Payments seller in Q2 2019 was JP Morgan Chase, an estimated $304M sold.
Based on aggregated 13F filings for Q2 2019.