Verifone Systems Inc
PAY
PAY was delisted on the 17th of August, 2018.
280 hedge funds and large institutions have $1.67B invested in Verifone Systems Inc in 2016 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 123 increasing their positions, 85 reducing their positions, and 54 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 85
38% more call options, than puts
Call options by funds: $54.9M | Put options by funds: $39.9M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less funds holding
Funds holding: 296 → 280 (-16)
21% less capital invested
Capital invested by funds: $2.12B → $1.67B (-$453M)
28% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$119M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$59M |
| 3 |
Goldman Sachs
New York
|
+$42.5M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$41.9M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$115M |
| 2 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$98.8M |
| 3 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$67.8M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$56.4M |
| 5 |
EM
Elliott Management
New York
|
-$55.9M |
PAY Hedge Fund Activity: Q3 2016 in Review
280 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Verifone Systems Inc (PAY) for Q3 2016, worth a combined $1.67B — down 21% from $2.12B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of PAY and 39 opened new positions — a net loss of 15 holders — while 85 trimmed existing stakes and 123 added.
The largest buyer was Causeway Capital Management, opening a new position worth an estimated $119M. The largest seller was Macquarie Group, cutting an estimated $115M.
- 280 institutional investors held Verifone Systems Inc (PAY) as of Q3 2016, down from 296 in Q2 2016.
- Funds reported $1.67B of Verifone Systems Inc stock for Q3 2016, down 21% quarter-over-quarter.
- 39 funds opened new Verifone Systems Inc positions in Q3 2016 and 54 closed out, a net change of -15 holders.
- The largest Verifone Systems Inc buyer in Q3 2016 was Causeway Capital Management, an estimated $119M added.
- The largest Verifone Systems Inc seller in Q3 2016 was Macquarie Group, an estimated $115M sold.
Based on aggregated 13F filings for Q3 2016.