Corpay
CPAY
380 hedge funds and large institutions have $15B invested in Corpay in 2016 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 130 increasing their positions, 135 reducing their positions, and 34 closing their positions.
319% more call options, than puts
Call options by funds: $28.9M | Put options by funds: $6.9M
88% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 34
22% more capital invested
Capital invested by funds: $12.3B → $15B (+$2.73B)
8% more funds holding in top 10
Funds holding in top 10: 26 → 28 (+2)
7% more funds holding
Funds holding: 355 → 380 (+25)
1.41% more ownership
Funds ownership: 92.86% → 94.27% (+1.4%)
4% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 135
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$105M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$103M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$88.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$80.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$74.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$140M |
| 2 |
Tiger Global Management
New York
|
-$137M |
| 3 |
SCP
Soroban Capital Partners
New York
|
-$78.6M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$60.7M |
| 5 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$56.4M |
CPAY Hedge Fund Activity: Q3 2016 in Review
380 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q3 2016, worth a combined $15B — up 22% from $12.3B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new CPAY positions and 34 closed out — a net gain of 30 holders — while 130 added to existing stakes and 135 trimmed.
The largest buyer was BlackRock Institutional Trust, adding an estimated $105M. The largest seller was Lone Pine Capital, cutting an estimated $140M.
- 380 institutional investors held Corpay (CPAY) as of Q3 2016, up from 355 in Q2 2016.
- Funds reported $15B of Corpay stock for Q3 2016, up 22% quarter-over-quarter.
- 64 funds opened new Corpay positions in Q3 2016 and 34 closed out, a net change of +30 holders.
- The largest Corpay buyer in Q3 2016 was BlackRock Institutional Trust, an estimated $105M added.
- The largest Corpay seller in Q3 2016 was Lone Pine Capital, an estimated $140M sold.
Based on aggregated 13F filings for Q3 2016.