Global Payments
941 hedge funds and large institutions have $31.2B invested in Global Payments in 2024 Q1 according to their latest regulatory filings, with 112 funds opening new positions, 348 increasing their positions, 327 reducing their positions, and 71 closing their positions.
58% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 71
7% more capital invested
Capital invested by funds: $29.2B → $31.2B (+$1.98B)
3% more funds holding
Funds holding: 911 → 941 (+30)
2.19% more ownership
Funds ownership: 88.43% → 90.62% (+2.2%)
6% more repeat investments, than reductions
Existing positions increased: 348 | Existing positions reduced: 327
6% more call options, than puts
Call options by funds: $373M | Put options by funds: $353M
21% less funds holding in top 10
Funds holding in top 10: 19 → 15 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$890M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$138M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$127M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$118M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$70.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$730M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$227M |
| 3 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$202M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$101M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$86.5M |
GPN Hedge Fund Activity: Q1 2024 in Review
941 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Global Payments (GPN) for Q1 2024, worth a combined $31.2B — up 6.8% from $29.2B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new GPN positions and 71 closed out — a net gain of 41 holders — while 348 added to existing stakes and 327 trimmed.
The largest buyer was Bank of America, adding an estimated $890M. The largest seller was Wellington Management Group, cutting an estimated $730M.
- 941 institutional investors held Global Payments (GPN) as of Q1 2024, up from 911 in Q4 2023.
- Funds reported $31.2B of Global Payments stock for Q1 2024, up 6.8% quarter-over-quarter.
- 112 funds opened new Global Payments positions in Q1 2024 and 71 closed out, a net change of +41 holders.
- The largest Global Payments buyer in Q1 2024 was Bank of America, an estimated $890M added.
- The largest Global Payments seller in Q1 2024 was Wellington Management Group, an estimated $730M sold.
Based on aggregated 13F filings for Q1 2024.