Verifone Systems Inc
PAY
PAY was delisted on the 17th of August, 2018.
296 hedge funds and large institutions have $2.05B invested in Verifone Systems Inc in 2016 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 116 increasing their positions, 95 reducing their positions, and 56 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 95
5% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 56
2% less funds holding
Funds holding: 303 → 296 (-7)
2.32% less ownership
Funds ownership: 98.85% → 96.54% (-2.3%)
35% less capital invested
Capital invested by funds: $3.17B → $2.05B (-$1.12B)
42% less call options, than puts
Call options by funds: $27M | Put options by funds: $46.2M
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
+$76.3M |
| 2 |
CSC
Cove Street Capital
El Segundo,
California
|
+$43.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$30.7M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$29.4M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$24.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$107M |
| 2 |
JP Morgan Chase
New York
|
-$78.7M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$40.7M |
| 4 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$23.9M |
| 5 |
Neuberger Berman Group
New York
|
-$21.7M |
PAY Hedge Fund Activity: Q2 2016 in Review
296 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Verifone Systems Inc (PAY) for Q2 2016, worth a combined $2.05B — down 35% from $3.17B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of PAY and 53 opened new positions — a net loss of 3 holders — while 95 trimmed existing stakes and 116 added.
The largest buyer was Elliott Management, opening a new position worth an estimated $76.3M. The largest seller was Fidelity Investments, exiting entirely with an estimated $107M sold.
- 296 institutional investors held Verifone Systems Inc (PAY) as of Q2 2016, down from 303 in Q1 2016.
- Funds reported $2.05B of Verifone Systems Inc stock for Q2 2016, down 35% quarter-over-quarter.
- 53 funds opened new Verifone Systems Inc positions in Q2 2016 and 56 closed out, a net change of -3 holders.
- The largest Verifone Systems Inc buyer in Q2 2016 was Elliott Management, an estimated $76.3M added.
- The largest Verifone Systems Inc seller in Q2 2016 was Fidelity Investments, an estimated $107M sold.
Based on aggregated 13F filings for Q2 2016.