Verifone Systems Inc
PAY
PAY was delisted on the 17th of August, 2018.
225 hedge funds and large institutions have $2.28B invested in Verifone Systems Inc in 2018 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 63 increasing their positions, 82 reducing their positions, and 96 closing their positions.
167% more funds holding in top 10
Funds holding in top 10: 3 → 8 (+5)
83% more call options, than puts
Call options by funds: $33.8M | Put options by funds: $18.5M
29% more capital invested
Capital invested by funds: $1.77B → $2.28B (+$513M)
17% less funds holding
Funds holding: 271 → 225 (-46)
23% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 82
45% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$75.4M |
| 2 |
WIC
Water Island Capital
New York
|
+$68.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$58.5M |
| 4 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$58.3M |
| 5 |
SGCM
Sand Grove Capital Management
London,
United Kingdom
|
+$38.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$187M |
| 2 |
Bank of New York Mellon
New York
|
-$93.8M |
| 3 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$89M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
-$62.5M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$58.3M |
PAY Hedge Fund Activity: Q2 2018 in Review
225 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Verifone Systems Inc (PAY) for Q2 2018, worth a combined $2.28B — up 29% from $1.77B a quarter earlier.
Sellers outnumbered buyers: 96 funds closed out of PAY and 53 opened new positions — a net loss of 43 holders — while 82 trimmed existing stakes and 63 added.
The largest buyer was AQR Arbitrage, opening a new position worth an estimated $75.4M. The largest seller was Causeway Capital Management, cutting an estimated $187M.
- 225 institutional investors held Verifone Systems Inc (PAY) as of Q2 2018, down from 271 in Q1 2018.
- Funds reported $2.28B of Verifone Systems Inc stock for Q2 2018, up 29% quarter-over-quarter.
- 53 funds opened new Verifone Systems Inc positions in Q2 2018 and 96 closed out, a net change of -43 holders.
- The largest Verifone Systems Inc buyer in Q2 2018 was AQR Arbitrage, an estimated $75.4M added.
- The largest Verifone Systems Inc seller in Q2 2018 was Causeway Capital Management, an estimated $187M sold.
Based on aggregated 13F filings for Q2 2018.