What smart money is saying about Global Payments
1 fund in our archive has pitched Global Payments, most recently Greenlight Capital in December 2025.
Global Payments Inc. provides payment technology and software solutions for card, electronic, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Merchant Solutions, Issuer Solutions, and Business and Consumer Solutions. The Merchant Solutions segment offers authorization services, settlement and funding services, customer support and help-desk functions, chargeback resolution, terminal rental, sales and deployment, payment security services, consolidated billing and statements, and on-line reporting services. This segment also provides an array of enterprise software solutions that streamline business operations of its customers in various vertical markets; and value-added services, such as point-of-sale solutions, and analytic and engagement tools, as well as payroll and human capital management services. The Issuer Solutions segment offers solutions that enable financial institutions and retailers to manage their card portfolios through a platform; and commercial payments and ePayables solutions for businesses and governments. The Business and Consumer Solutions segment provides general-purpose reloadable prepaid debit and payroll cards, demand deposit accounts, and other financial service solutions to the underbanked and other consumers, and businesses under the Netspend brand. It markets its products and services through direct sales force, trade associations, agent and enterprise software providers, referral arrangements with value-added resellers, and independent sales organizations. The company was founded in 1967 and is headquartered in Atlanta, Georgia.
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Fund signal · last 12 months
5 lettersToo few moves on Global Payments yet for a clear signal
Moves described in fund letters in our archive. A sentence published word for word by several funds of one house in the same quarter counts once.
Position history
Between Q2 2025 and Q4 2026, 7 fund letters reported a position in Global Payments, with 2 buys (opened or added) and 2 sells (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q4 2026 | 1 | 0 | 0 | 0 |
| Q3 2026 | 2 | 1 | 1 | 0 |
| Q2 2026 | 1 | 1 | 0 | 0 |
| Q1 2026 | 1 | 0 | 1 | 0 |
| Q4 2025 | 0 | 0 | 0 | 1 |
| Q2 2025 | 2 | 0 | 0 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 7 positions · 4 moves
- HoldsCDT Capital VNAVOctober 2026
“Today, at the time of this writing, the Financial Times has just reported that another portfolio company, Global Payments (GPN) is also in talks with CD&R and GTCR to potentially be acquired.”
Global Payments - New positionPender Bond Universe FundSeptember 2026
“We added a new position in Global Payment’s Investment Grade rated 1.5%’31 convertible bonds.”
Global Payments - September 2026
“Elsewhere in the portfolio, we made additional purchases of Aon, Netflix and Vulcan Materials, partially offset by trims of Euronet, Global Payments and Mastercard.”
Global Payments - June 2026
“Portfolio activity beyond the entries and exits above was more muted and tilted toward trims. Beyond the exits of Accenture and Salesforce, we also trimmed our holdings of Alphabet, Amazon, Bio-Techne, SiriusXM and Thermo Fisher, partially offset by additions to Danaher and Global Payments.”
Global Payments - ExitedGreenlight CapitalMarch 2026
“In addition to exiting KD, we exited: • Global Payments at around our cost, as further diligence raised questions about what the company is classifying as organic growth.”
Global Payments - June 2025
“Another bottom contributor this quarter was Global Payments Inc. (GPN), a leading payments technology company for approximately four million merchant locations and more than 1,500 financial institutions across more than 170 countries.”
Global Payments - June 2025
“• Global Payments was a detractor during the quarter.”
Global Payments
Also mentioned · 1
These funds discuss Global Payments as a competitor, benchmark or comparable, without disclosing a position in it.
- MentionedEmeth Value CapitalJune 2026
“Sharpening the Contradictions – Shift4 vs. Within the payments landscape there are many noteworthy publicly listed and private companies, and while none offers a perfect comparable, it is worth assessing the similarities and differences versus Shift4. To start, many payments companies – not just Shift4 – own a proprietary POS system. Fiserv has its Clover platform, Global Payments has Genius POS (formerly Heartland POS and Xenial POS), and Nexi has Nexi SmartPOS.”
Global Payments
Fund coverage · 1 thesis
- Greenlight CapitalDecember 2025
Global Payments is reshaping its portfolio with Worldpay, targeting significant free cash flow and shareholder returns to drive re-rating.
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