Corpay
CPAY
325 hedge funds and large institutions have $11.5B invested in Corpay in 2015 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 117 increasing their positions, 135 reducing their positions, and 53 closing their positions.
40% more call options, than puts
Call options by funds: $21M | Put options by funds: $15M
2% more capital invested
Capital invested by funds: $11.3B → $11.5B (+$179M)
6% less funds holding
Funds holding: 345 → 325 (-20)
7.34% less ownership
Funds ownership: 90.46% → 83.12% (-7.3%)
11% less funds holding in top 10
Funds holding in top 10: 19 → 17 (-2)
13% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 135
32% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRC
Blue Ridge Capital
New York
|
+$157M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$85.8M |
| 3 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$82.9M |
| 4 |
Alkeon Capital Management
New York
|
+$53M |
| 5 |
Tiger Global Management
New York
|
+$50.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$142M |
| 2 |
CCM
Conatus Capital Management
Greenwich,
Connecticut
|
-$54M |
| 3 |
JCAM
Jericho Capital Asset Management
New York
|
-$47.3M |
| 4 |
Morgan Stanley
New York
|
-$46.4M |
| 5 |
NA
Navellier & Associates
Reno,
Nevada
|
-$42.9M |
CPAY Hedge Fund Activity: Q1 2015 in Review
325 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Corpay (CPAY) for Q1 2015, worth a combined $11.5B — up 1.6% from $11.3B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of CPAY and 36 opened new positions — a net loss of 17 holders — while 135 trimmed existing stakes and 117 added.
The largest buyer was Blue Ridge Capital, opening a new position worth an estimated $157M. The largest seller was Lone Pine Capital, cutting an estimated $142M.
- 325 institutional investors held Corpay (CPAY) as of Q1 2015, down from 345 in Q4 2014.
- Funds reported $11.5B of Corpay stock for Q1 2015, up 1.6% quarter-over-quarter.
- 36 funds opened new Corpay positions in Q1 2015 and 53 closed out, a net change of -17 holders.
- The largest Corpay buyer in Q1 2015 was Blue Ridge Capital, an estimated $157M added.
- The largest Corpay seller in Q1 2015 was Lone Pine Capital, an estimated $142M sold.
Based on aggregated 13F filings for Q1 2015.